Ebay bid retractions.


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Ebay bid retractions.Expand / Collapse
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Posted 6/1/2008 10:51 AM
Supreme Being

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I was bidding on a kit and was nearing 700 but was still outbid so i backed off. Now today i check my ebay and im well beyond current bid and in the lead. What if id decided yesterday that i was no longer interested in the kit so looked elsewhere but now i cant bid on anything thinking i may have to pay for a kit should i win it. Any thoughts?. Im high bidder because someone retracted.
Post #35964
Posted 6/1/2008 11:18 AM
Supreme Being

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Oly, i was raising my bids yesterday on a kit but was continually outbid and didnt want to go higher than i did. Now today i find that im the high bidder and was like....what?. The high bidder retracted leaving me the current leader. I contacted this drum dealer and their response was that no reason was given for the retraction.
Post #35966
Posted 6/1/2008 11:42 AM
Supreme Being

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I just read the section on bid retractions Oly, thanks. Ive retracted once myself. An Ebayer was trying to sell an Ayotte drumsmith snaredrum made of rolled and welded steel as a stainless Keplinger. I went to 400 immediately without realizing that the drumsmith (imported) snare was worth maybe a couple hundred bucks.
Post #35968
Posted 6/4/2008 12:25 AM


Supreme Being

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I've sold tons of drum gear on ebay, and it always pisses me off when someone wants to retract a bid.  It can screw up an auction.  However, the rules of ebay have changed, and sellers are no longer permitted to post anything but positive feedback for buyers, (buyers can still post negative feedback on sellers).  With the this new buyer power, you can send an email to the seller, and tell him that if he does not retract your bid, you will not pay for the item if you win.  Because he can not post negative feedback, there is nothing he can do but to give in to your demand.

If you are a seller, ebay really sucks as of now.  The fees are higher, and although the sellers pay all the fees to ebay, the buyers have all the power.

Post #35993
Posted 6/7/2008 11:25 AM
Supreme Being

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You dont HAVE to purchase ANYTHING. Take the negative if necessary, the seller still has his item but will have to pay for the repost. Its like putting something on layaway and not wanting the item later. Im still at odds with a statement saying that you are LEGALLY obligated to buy an item once you bid on it and win. I dont F**K around, when i bid on something im serious but there are instances where ill stand my ground. I was up to near 700 on a kit and that was as high as id go, i was still outbid so i looked elsewhere and bid on another kit i wanted. Next thing you know IM the high bidder due to a retraction so i wasnt able to look elsewhere being under the obligation to buy (should i have won).

I DID go up to 700 and was willing to pay that but this situation in MY books tells me that im no longer responsible do to the situation.  

Post #36010
Posted 6/11/2008 11:59 AM


Supreme Being

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Once you bid an amount, you are obligated; regardless if someone outbids you, than retracts.  Obviously, if at the end of the auction where you won, if you go deadbeat, the seller is not going to take any legal action.  It is more trouble than it is worth, and the seller can get back the final sales fees after showing ebay that the buyer is a deadbeat.  He is basically out the listing fee.  (The new rule requires ebay to suspend the account of a deadbeat buyer.)  However, is some psycho-motivated seller were to take a deadbeat buyer to court, the seller would win because they have a legal contract.  It would just be a matter of damages, so at a minimum, the seller would get a judgement for the listing fee.

What used to keep buyers from being deadbeats in the past was the potential for the seller to post negative feedback.  As a seller, if someone bid on my item, and I saw several negative feedbacks on them as a buyer, I would cancel their bid, and block them from bidding on my items in the future.  But the idiots at ebay have changed the rules.  Now only the buyers have the potential to post negative feedback.  Sellers can only post positive feedback.  Which leads sellers to question, If i can only post positive feedback, why even have feedback for buyers?

I suspect in the future you will see some funky "positive" feedbacks listed for buyers.  If the buyer is a deadbeat, the sellers will post positive, but in the text, blast the buyer for non-payment.

Post #36070
Posted 6/12/2008 11:38 AM


Supreme Being

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Retracting a bid, and not paying after winning are completely different.  99.9% of sellers are very reasonable, and if you ask to retract a bid early on, they will allow it.  However, if you just wait till the end of the auction, and not pay, why should you get any strikes?  The reason the negative feedback threat was good was because some buyers would send a hard luck story asking for a bid retraction usually with less than 24 hours to go.  The seller could check the buyers feedback later on, and see that they bought the same thing for less money.  In other words, they bid on 5 Supraphonics at once, see which one comes in the lowest, and either ask for their bid to be retracted, or just not pay for the ones they don't need.  This practice is not very common with musical instruments, but is a huge problem with event tickets.

As for your question of how long, it really does not matter.  All of the deadbeats I have encountered had either zero, or very few feedbacks, so once they got their first negative, they just cancel that account, give ebay a new email address, start a new account, and search for a new victim. 

Post #36077
Posted 6/12/2008 2:23 PM


Supreme Being

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As a buyer, it is simple.  First establish an ebay and paypal account.  When you want to shop for an item, first do some research.  As an account holder, when you search, you can also search for completed auctions.  Watch those for a while to get a feel for the going price of the item that you are looking to acquire.  With this knowledge, you are ready to buy.  Never bid higher than the average price that was shown in the completed auctions.  If you are not sure about the condition, ask questions, or for extra pictures. 

A couple tips that have saved me a lot when buying.  Shop for items with bad pictures.  If you are looking at a particular drum for example, shop for ones with simple problems like torn heads.  It is little things like this that will keep the competition way down.  Also, search by your zip code.  I have gotten several good deals from sellers who are local, so I did not need to pay shipping.  The bonus is if the local seller has the shipping too high for the item.  Again, this will push off much of the competition from national and international bidders.

Finally, always pay within 48 hours to start and maintain a good reputation. 

Post #36081
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