topic Re: BIN offer then bids and gets it for less in Selling

BIN offer then bids and gets it for less

givemeaspell — Tue, 20 Nov 2012 22:58:00 GMT

I had an item *under my seller id, that I was selling for a starting price of $195, I had 20 watchers and one person emailed me asking if I had a BIN price, I said make me an offer and I will consider so she offers $250, I email her saying yes I will add the BIN option to the listing so she can purchase it, I hear nothing from her then I check and she has won the auction but cheaper than what she offered. Im a bit peeved at the fact she didn't get back to me and I changed it. Would u be annoyed at this or am I just being petty? She had plenty of time to get back to me as I emailed her 2 days b4 the auction had ended, even an email saying I think I'll take my chance and bid would have been nice.

Re: BIN offer then bids and gets it for less

2106greencat — Tue, 20 Nov 2012 23:08:57 GMT

Did you get $195 or more for it? If so be happy it sold for an amount you wanted. Yes the buyer should have advised, but it sounds like they may be new and unsure as to what to do and how to do it?

Re: BIN offer then bids and gets it for less

selina2375 — Tue, 20 Nov 2012 23:09:46 GMT

Unfortunately that can happen, next time remove the auction price & just have the BIN price & tell your customer she has 1 day to purchase, (for that matter anyone watching could also purchase at that price) if she does not put it back up for auction.

If $250 is closer to the price you were hoping for on auction I would have the starting price a little closer to that mark & hope it would get bid up to that amount.

Don't take much notice of watchers - most of them are exactly that - people watching, its no gaurantee they will turn into bidders.

Cheers

Re: BIN offer then bids and gets it for less

givemeaspell — Tue, 20 Nov 2012 23:14:31 GMT

thanks Selina, I'll know that from now on. greencat - The buyer has a fb score of 35 so not a brand newby.

Re: BIN offer then bids and gets it for less

thecatspjs — Wed, 21 Nov 2012 00:20:45 GMT

Unfortunately that can happen, next time remove the auction price & just have the BIN price & tell your customer she has 1 day to purchase, (for that matter anyone watching could also purchase at that price) if she does not put it back up for auction.

You would have to end the listing to achieve the above, as you are unable to remove an auction price to an active listing, you can only add a BIN to a auction listing (and increase the auction price if you wish).

Re: BIN offer then bids and gets it for less

***super_nova*** — Wed, 21 Nov 2012 00:57:39 GMT

You should be glad they bought it at all; you could have taken it off and re-listed as a BIN only, and they may have not bought it. Why should they say they changed their mind? Also if there were other bidders it is possible that somebody bid before your buyer had the chance buying it as a BIN.

Re: BIN offer then bids and gets it for less

givemeaspell — Wed, 21 Nov 2012 01:14:16 GMT

You should be glad they bought it at all; you could have taken it off and re-listed as a BIN only, and they may have not bought it. Why should they say they changed their mind? Also if there were other bidders it is possible that somebody bid before your buyer had the chance buying it as a BIN.

why should I be glad they bought it at all? the 2nd bidder was very close to the ending bid.

Why should they say they changed their mind? how about common courtesy? they approached me to BIN. They all bid in the last hour or so, anway if it were me I would email the seller explaining what happened, but hey, that's just me!

Re: BIN offer then bids and gets it for less

lyndal1838 — Wed, 21 Nov 2012 01:50:01 GMT

Of course the second bidder was very close to the highest bidder.

The ending price is dependent upon the second highest bidder...it will only be one bidding increment above the second highest bid. You have no idea what the actual highest bid was.

Re: BIN offer then bids and gets it for less

***super_nova*** — Wed, 21 Nov 2012 01:53:58 GMT

Why should they say they changed their mind? how about common courtesy? they approached me to BIN. They all bid in the last hour or so, anway if it were me I would email the seller explaining what happened, but hey, that's just me!

Buying on eBay (or any auction) is a game; the seller tries to get the best price, the buyer tries to get the best deal for themselves. They have conflicting interests there is nothing impolite not telling the other party what they are going or not going to do. The buyer does not have to be telling you their intentions. What difference it would make if they send a message saying, maybe we will bid after all? Some seller may use such a info and get their mate to bid $245.

Obviously, I did not see the bidding history, but if the other bidder bid before they got around to buying, they had no option but to bid. And as you can see the bidding history, why would you also need an explanation from the buyer?

Re: BIN offer then bids and gets it for less

givemeaspell — Wed, 21 Nov 2012 02:29:02 GMT

Of course the second bidder was very close to the highest bidder.

The ending price is dependent upon the second highest bidder...it will only be one bidding increment above the second highest bid. You have no idea what the actual highest bid was.

I understand that Lyndal what I'm saying is that I am not "lucky" she bought it at all, it would have sold anyway above my original starting price. So yes she may have put $250 as her highest price but got it cheaper. All I was miffed about was the communication btwn us was fine until I then went in and place a BIN price on there, then hear nothing for 3 days until she wins. Turns out there was an valid explanation and she has since emailed explaining what it was which is how I like to conduct business on ebay.

Re: BIN offer then bids and gets it for less

*new2vintage — Wed, 21 Nov 2012 09:25:53 GMT

What has the buyer done wrong ? Anyone can place a bid and win an auction.

Re: BIN offer then bids and gets it for less

zenremix777 — Wed, 21 Nov 2012 09:47:40 GMT

Greed can get the better of all of us. It certainly has for me, on my selling account.

If you were originally happy with $195 after careful consideration of a sale price, then anything over is a bonus. I'm mostly peeved / disappointed when I start something for much less than I paid and it only gets one bid... or when I know something is worth a good amount but doesn't even get one bid at rock bottom prices compared to what it's selling for. I think to myself - BID! It's CHEAP! ... You can't force people to buy something. 20 watchers... far out. I'm jealous!!!!!!

Re: BIN offer then bids and gets it for less

givemeaspell — Wed, 21 Nov 2012 12:01:33 GMT

yep and I would have been happy with the $195 I sell alot of stuff for dd who buys designer dresses wears them once then sells them so the buyer is also getting a good deal, this particular dress cost $450 worn once only. What I was peeved about was that this buyer contacted me twice before bidding asking if I had a buy it now price, I suggested to make me an offer which she did and which I accepted, because I had so many watchers I emailed her and advised her what time I would list it as a BIN so that she didn't miss out. Then after two days still nobody had bid and I had not heard from her. I checked today and she waited till the last minute and bid and won the auction at a lower price than what she offered me. I was just annoyed that there was no contact after I agreed to her request but it turns out there was a reason for that.

Deja_vu, did you read my original post?

Re: BIN offer then bids and gets it for less

*new2vintage — Wed, 21 Nov 2012 12:07:55 GMT

I've read the entire thread. Yes it's annoying when you do a potential buyer a favour and they don't follow through but they aren't obliged to. I've read in the boards that some members who ask for a BIN price don't end up buying but it doesn't violate a policy just like buying the same item for less doesn't. It's worse when you need to deal with a non payer. At least you have sold the item.

Re: BIN offer then bids and gets it for less

givemeaspell — Wed, 21 Nov 2012 22:58:50 GMT

yes and that was just it, I was annoyed. most people I deal with on ebay are great and this one ended up okay, all it required was a bit of courtesy and an explanation. It's not hard to be courteous is it? or isn't it required on ebay?

Re: BIN offer then bids and gets it for less

phorum_junkie* — Wed, 21 Nov 2012 23:58:00 GMT

Why would the buyer pay more if they didn't have to? Had you ended the auction and re listed it at the agreed BIN price then she would probably have purchased but she would have to be nuts to use the BIN if there were no other bidders, she probably had a snipe set at the price she agreed to pay and if anyone else had bid would have been happy to pay that much if she ended up winning.

Re: BIN offer then bids and gets it for less

gooseclam — Thu, 22 Nov 2012 02:17:16 GMT

You seem to be confused about what an auction is. Why should anyone tell you what their intentions are. You were asked a BIN price and the bidder decided to go another way. Nothing to do with courtesy whatsover.

Re: BIN offer then bids and gets it for less

givemeaspell — Thu, 22 Nov 2012 06:10:39 GMT

actually Goose I am not confused at what an auction is??? I have sold many items on ebay and actually have had requests quite a few times if I would end the auction early with a buy it now price...most of the times I say no and let the auction run its course. The items I sell always have a high number of bidders but often they bid right at the end. People that buy what I am selling no the quality and obviously see when something is a good price. The only reason I agreed to the BIN on this occasion is because I am going away on the weekend and it was easier for me to post it prior to going.

Phorum, the buyer obviously didn't want to miss out and that is why they approached me with a BIN price.

Re: BIN offer then bids and gets it for less

***super_nova*** — Thu, 22 Nov 2012 06:18:10 GMT

The only reason I agreed to the BIN on this occasion is because I am going away on the weekend and it was easier for me to post it prior to going.

So actually you were not doing the buyer a favour, you were just doing your best to sell your item as soon as you could, for as much as you could get for it. 🙂

Re: BIN offer then bids and gets it for less

*new2vintage — Thu, 22 Nov 2012 06:18:14 GMT

How ironic is that ? They didn't want to miss out on your item and requested the BIN option only to bid and win it for less.

This thread reminds me of Seinfeld which was said to be a show about nothing........