Question Re: Item for Sale in Selling on eBay

Item for Sale

stumpy9990 — Wed, 21 Feb 2024 04:56:00 GMT

Item for sale has not reached an acceptable amount. Am I obligated to sell to the highest bidder?

Re: Item for Sale

twyngwyn — Wed, 21 Feb 2024 05:00:32 GMT

...you still have nearly 3 hours to go.....if you wanted a higher price, you should have started at an acceptable amount.

While you are not obligated to sell, what will your excuse be? The buyer will have every right to leave you NEGATIVE feedback.

Re: Item for Sale

repentatleisure1952 — Wed, 21 Feb 2024 05:02:47 GMT

What is an "acceptable amount"?

Was it not you who set the staring price?

If I was the winning bidder I would expect to receive the item.

So the answer is ... yes you are.

Re: Item for Sale

sandypebbles — Wed, 21 Feb 2024 05:07:04 GMT

Yes you are

Why start at an amount that you find unacceptable in the first place?

If you refuse to sell to the highest bidder, not only will the buyer leave you a neg, you will also get a defect on your account for refusing to honour the sale

Have you made sure that the item is not too long for Australia Post to accept?

Have you fully completed sign up to Managed Payments and been verified to sell?

And understand their will be a 30 day hold on your funds?

Re: Item for Sale

stumpy9990 — Wed, 21 Feb 2024 05:23:41 GMT

Ebay recommends starting at a low price point so followed that advise. New to selling so would have set a higher price.

Re: Item for Sale

countessalmirena — Wed, 21 Feb 2024 07:02:27 GMT

You’ve fallen victim to the terrible “advice” offered by eBay to attract higher bids by starting low… but this has been nonsensical for years.

It is rare that a bidding war results from an eBay auction nowadays; you need to be prepared to sell at the price which is reached in the auction. I would suggest you always start an auction at the lowest price you are actually willing to accept. That is your built-in “reserve”.

Re: Item for Sale

twyngwyn — Wed, 21 Feb 2024 07:18:48 GMT

ebay gets their fees no matter what.....why would they care? Don't listen to their recommendations.....