topic Re: Bid retraction in Buying

Bid retraction

freisian99 — Sat, 25 Oct 2014 04:33:20 GMT

If a buyer retracts a bid, is he/she obliged to give a reason and is that reason public?

Re: Bid retraction

i-love-my-sheep — Sat, 25 Oct 2014 04:41:06 GMT

Yes, you have to give a reason. The options will be made available to you when you start the process to retract your bid. The sellers item will have a message under it on the bidding history page that there has been a bid retraction. It will also show on your feedback how many bids you have retracted.

If someone clicks on your anonymous name in someone's bidding history, they will be able to see how many bids you have retracted, but they won't know from that who you are.

If you retract your bid due to entering an incorrect amount, e.g you entered $5000 instead of $50.00 you have to place a new bid.

Re: Bid retraction

kopenhagen5 — Sat, 25 Oct 2014 04:47:46 GMT

If you retract your bid due to entering an incorrect amount, e.g you entered $5000 instead of $50.00 you have to place a new bid.

And it's usually the seller that reports a buyer if they don't.

Re: Bid retraction

i-love-my-sheep — Sat, 25 Oct 2014 07:15:40 GMT

@kopenhagen5 wrote:
If you retract your bid due to entering an incorrect amount, e.g you entered $5000 instead of $50.00 you have to place a new bid.

And it's usually the seller that reports a buyer if they don't.

Which can earn you a policy violation against your account.

Re: Bid retraction

twyngwyn — Sat, 25 Oct 2014 07:17:54 GMT

From my experience, I have found that when a buyer retracts a bid - they have usually bought elsewhere (you can check their f/b)....I just move on (and have usually sold for a lot more)

Re: Bid retraction

atmordue — Sat, 25 Oct 2014 09:36:36 GMT

Just like to add a question that I asked Ebay,

@twyngwyn wrote:
From my experience, I have found that when a buyer retracts a bid - they have usually bought elsewhere (you can check their f/b)....I just move on (and have usually sold for a lot more)

a bidder placed 6 separate bids on a item that I was bidding on until they reach my max bidd then was able to retract those bidds & no description or reason was given to me by Ebay when I question the action they stated it was all OK.

Re: Bid retraction

twyngwyn — Sat, 25 Oct 2014 10:35:20 GMT

what is the item no?

Re: Bid retraction

freisian99 — Sat, 01 Nov 2014 07:22:54 GMT

Re: Bid retraction

collect247 — Mon, 07 Sep 2015 08:55:55 GMT

Sorry I know this is an old thread but I have noticed a bidder has retracted around 260 bids in the last 6 months and they have a high feedback score of nearly 2000.

This bidder has retracted on some of the items I'm bidding on at the moment and this is how I found out about their high retraction.

They have never re-made another bid on the items and it doesn't look like any of the sellers have reported them.

So how many bid retractions is a bidder allowed to do before ebay do something about it?

Obviously if the seller doesn't report the bidder then nothing will be done,but surely some of these sellers should have reported them?

I have notified some sellers that I have bid on their items regarding this bidder and have asked them to report them but it seems as though they haven't bothered.

Re: Bid retraction

padi*0409 — Mon, 07 Sep 2015 11:30:34 GMT

crow, I had a case like this a couple of years back, but the serial retractor had around 3 times as many retractions as yours yet it still took eBay a few months of reporting by my seller to do anything about it - and even then the member could still buy on BINs.

I kept my eye on the member and lo and behold after a couple of months they were back bidding on items and STILL retracting to find out what the high bid was.................................grrrrrr.

Quite simply eBay didn't give a stuff about it.

Re: Bid retraction

springyzone — Tue, 08 Sep 2015 00:19:08 GMT

If you retract your bid due to entering an incorrect amount, e.g you entered $5000 instead of $50.00 you have to place a new bid.

----------------------------------

They're supposed to, but in effect nothing happens if they don't.

Surely it wouldn't be that hard for ebay to create a computer prgram where if someone entered 'wrong price' as a reason for a retraction, they then had to enter the correction before the retraction was accepted.

It wouldn't stop a bidder choosing another option but if they ticked 'change of mind' they could be hit with a defect & a few of them, maybe limited to bidding on buy it now items for a set period.

It obviously just doesn't suit ebay to do anything & these people who bid up in small amounts, just to find out your top bid & then retract, are utter pains.

Re: Bid retraction

go-tazz — Tue, 08 Sep 2015 01:49:25 GMT

The bid retracters always go just above the maximum price someone else is willing to bid and then retract to

one bid below it,(so they are assisting eBay in getting higher prices and therefore eBay will never do anything

to stop it).

Re: Bid retraction

imastawka — Tue, 08 Sep 2015 02:35:56 GMT

So, couldn't that, in effect, be shill bidding?

Re: Bid retraction

kopenhagen5 — Tue, 08 Sep 2015 02:59:53 GMT

Interesting. And what if those retractors have shares in ebay? Hmmmm.

I am not usually a conspiracy theorist but it's very possible.

Re: Bid retraction

padi*0409 — Tue, 08 Sep 2015 03:12:12 GMT

@imastawka wrote:
So, couldn't that, in effect, be shill bidding?

That was what my seller was very worried about Stalks - that other bidders would suspect that and retract their bids as well.

Needless to say that bidder went straight onto his BBL, never to be taken off it.................

Hey Kopes, like the theory.....................but will yer tin hat fit over the Musketeers awesome headgear ?????

Maybe it would if you cut a hole for the feather........but that may in turn let unwanted signals enter your brain..................hahahahaha

Re: Bid retraction

go-tazz — Tue, 08 Sep 2015 06:16:03 GMT

@imastawka wrote:
So, couldn't that, in effect, be shill bidding?

Yep!!,

That's how other bidders might see it and they may not bid again on that auction,

@kopenhagen5 wrote:
Interesting. And what if those retractors have shares in ebay? Hmmmm.
I am not usually a conspiracy theorist but it's very possible.

Why not,

Look at all the fake listings on this site that they do nothing about as they also bring in money.

As long as it brings in money they wont stop it,

@padi*0409 wrote:
@imastawka wrote:
So, couldn't that, in effect, be shill bidding?
That was what my seller was very worried about Stalks - that other bidders would suspect that and retract their bids as well.

Needless to say that bidder went straight onto his BBL, never to be taken off it.................

That's about the only way you can stop that sort of "bidder/buyer",

Re: Bid retraction

collect247 — Tue, 08 Sep 2015 06:49:59 GMT

The problem here is that none of the sellers are blocking this bidder because I have noticed now that they are bidding on other items from the same sellers and still retracting.

So could this bidder some how be the owner of all of the selling accounts? and is shill bidding on his own accounts,is this even possible to do and get away with it?

Re: Bid retraction

go-tazz — Tue, 08 Sep 2015 07:31:25 GMT

@collect247 wrote:
The problem here is that none of the sellers are blocking this bidder because I have noticed now that they are bidding on other items from the same sellers and still retracting.
So could this bidder some how be the owner of all of the selling accounts? and is shill bidding on his own accounts,is this even possible to do and get away with it?

There is probably a good chance that is the case,(or a friend doing it from a different IP address so it doesn't

get "flagged" by eBay),

Unfortunately it's now near impossible to prove shill bidding so they keep getting away with it.

Re: Bid retraction

katrinecampbell — Thu, 31 Mar 2022 06:25:28 GMT

can you tell me how

Re: Bid retraction

padi*0409 — Thu, 31 Mar 2022 06:28:14 GMT

Answered on your other post.

https://community.ebay.com.au/t5/Buying-on-eBay/I-have-wrongly-entered-an-amount-for-a-bid-but-dont-know-how-to/qaq-p/2467892