Auction

[Anonymous]

If you are selling an item in a auction with $ 1.00 starting bid didn't reserve price. Then no one else bids but 1 and wins that auction for $1. You have to sell it for that correct? How do you stop it? Fix it right ?

[gator08041971]

Yes, you are bound to sell it for what its sold at.

You could cancel the sale, but you will get a defect for doing so.  And you can't blame the buyer.

Never start an auction for less than you are willing to sell the item for, including what it costs to list it, such as fees and shipping.

Using a reserve is not recommended, and can cost you fees, even when an item doesn't sell.

Otherwise, use a Buy It Now listing and you can even let them make an offer you can feel comfortable with if need be.

[yuzuha]

You stop it by starting the auction at the lowest price you're willing to accept for the item.

[gator08041971]

If someone has already bid, then you are kind of stuck.  You could end and cancel, but again, you would get a defect for doing so.

You can change the price of a listing so long as it has no bids or no offers pending.

[iamalwaysright]

Yes you’d have to sell it for that price. There is nothing to fix as your example shows nothing that’s broken.

If you are a new seller I suggest you start off by listing items as fixed price, not auctions. And enable the setting to require immediate payment. It will save you a lot of headache as you learn to how sell on eBay.

[mantle1951]

You better change those 2 or 3 auctions you have set at $1.00 before you lose money.

[kensgiftshop]

If you don't want to sell it for a buck, you need to start the auctions at the price you want, in case you only get 1 bid.

I'd ditch the auctions and list as a fixed price.

[albertabrightalberta]

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@Anonymous wrote:

If you are selling an item in a auction with $ 1.00 starting bid didn't reserve price. Then no one else bids but 1 and wins that auction for $1. You have to sell it for that correct? How do you stop it? Fix it right ?

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You have 2 listings (at this moment) each with 99-cent starting bids but those listings have plenty of time to get more bidding action. 

Just curious though @Anonymous . Since when did Louis Vuitton and Chanel do a collaboration for a wire bracelet? Are you certain that those charms are made by the companies whose names are on them?