When seller has item in a auction why don't they give the seller the option to refuse the final bid

[crshe-5710]

Why when you have a item to sell that goes into auction, they don't give the seller a option to refuse the final bid when the bids are way to low???

[stainlessenginecovers]

Because bids are not low; seller started the auction too low or did not use a reserve

Because it would then not be an auction

Again, reserves are basically 'allowing' the seller to disregard the final bid as the entire point of a 'reserve' is to RESERVE the item for a price 'No Lower Than'......

[mrdutch1001]

Auction format is easy and simple so why complicate it..

Sellers never "NEED" to set their start price low= sellers never need to lose money on any auction. It is the seller's choice as to where to set the start price. Be smart about it and set a start price at a value that you would be satisfied with if there was only 1 bid.

[coastaltechsolution]

Start the auction at what/or near what you want for the item

An auction is a contract and should always be honored, if the seller was able to cancel final bid because they were "upset" at the outcome then why would any buyer bid on any auction? 

[forward-motion]

The whole idea of an auction is to get at the lowest price possible, but still willing to be the high bidder. 

You have three choices

1. Raise your starting bid price to a price you are willing to sell it for
2. Put a reserve on the auction (comes with a price)
3. Move your items to buy it now.

Honestly, online auctions are a thing of the past. The only time I use them is for an item that I'm not sure the value on and I don't care what it sells for. Buy it now is where most buyers go, they don't want to waste time bidding (me included). The people who are willing to bid are the people who are not willing to pay the buy it now price. 

[kensgiftshop]

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@crshe-5710 wrote:

Why when you have a item to sell that goes into auction, they don't give the seller a option to refuse the final bid when the bids are way to low???

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Why not just start the auction at the price you want, so you don't have that problem?

[coastaltechsolution]

I guess it is tempting for some to start an auction at a very low price "Wow starting at .99" but those dreams get crushed when item sell's for $2.99 and seller was hoping for $50.00+ (just an example)

I agree start auction at or near what you want for item 

[katzrul15]

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@coastaltechsolution wrote:

I guess it is tempting for some to start an auction at a very low price "Wow starting at .99" but those dreams get crushed when item sell's for $2.99 and seller was hoping for $50.00+ (just an example)

I agree start auction at or near what you want for item 

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And you would have very few Buyers if a Seller could just negate their bid activity at the wire.

If a Seller could, from a Buyer perspective, why would you even bother to bid?

Buyers bid on auctions in hopes of getting a "deal". 

[coastaltechsolution]

@katzrul15 

Exactly

A buyer comes to an auction in hopes of a deal, just as many of us sellers go to auctions hoping for a deal for reselling.

If I were to go to any auction and know that the seller could cancel because price was to low then last time I would go to that auction 

[oneblindcat]

So you want a free "hidden reserve" auction?

[albertabrightalberta]

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@crshe-5710 wrote:

Why when you have a item to sell that goes into auction, they don't give the seller a option to refuse the final bid when the bids are way to low???

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@crshe-5710 

As a new user, you're going to find yourself off ebay if you refuse to follow through on sales that aren't high enough for your liking. 

I assume it's the 1996 RETIRED VERY RARE CURLY THE BEANIE BABY BEAR, WITH MANY TAG ERRORS. that sold for $22.50 that you refused to sell? Then you relisted at $2500?!?!?

Very few buyers are going to spend thousands of dollars on Beanie babies and Teletubbies from a seller with a brand new account, no history and no feedback! 

[coastaltechsolution]

@albertabrightalberta 

You bring up a very great point

<RANT>

Any seller has to put the time and work into building up a reputable account and not expect fame and fortune when starting out or when sales start coming in. 

I think the glamor of online selling hype blind some as they expect ritches and not understanding takes time and work 

</END RANT>  

[richard1rst]

But if you refuse the final bid then the net to last bidder wins - at a lower price.

[mtgraves7984]

@crshe-5710 

... Or be too 'chicken' to buy that 'FOWL MOUTH' Teletubby. 😄

[soh.maryl]

When a seller lists an item on eBay, his starting price is (or should be) the lowest price that he will be happy with if the item gets only one bid.

So how could the final bid be too low? 

Please do a little more reading about selling on eBay.