My opinion - the fairest solution is that if a buyer wants to cancel / retract a bid within the last 24hrs of an auction this can only be done by contacting the seller & all bids removed by this bid retractor. If the seller doesnt agree to cancel their bids , tough luck , that bidder either pays up or gets a non paying strike.
I was outbid by someone making small manual incremental bids , about 10 of them with about 1 hr left on the auction, his/her last bid outbid me, fair enough. But with about 7 mins left on then auction his/ her bid was retracted leaving me the next highest bidder. The problem is only that last bid is retracted leaving me to pay my MAX bid not the next highest up from the bidder below me, result is I'm expected to pay approx $40 more than what I should have been if this idiot bidder did not bid.
I'd wear it if he/ she stopped bidding just below my MAX bid but when they bid over me to see what my max bid is then retract it, well what can i say.
Normally I'll wait till the last few mins of auction end to see what price its up to & decide to bid or not. This time I was on road trip & had no internet connection, so I used ebay proxy bidding by putting my max bid in 2 or 3 days before. Needless to say I'll never use ebay proxy bidding again.
Looking at Ebay's bidding policy they dont remove all bids by the retractor ( if those bids come in within 12hrs of auction end ) to combat buyers bid "sheilding" which I've never done or heard of before. But this does nothing stop sellers "shill bidding" , or even its not bid shilling & just a buyer finding out they can find a cheaper item elsewehere ie changing their mind it still pushes up the price higher unfairly .
Its a joke using the excuse " entered wrong amount " as a reason for a bid retraction , more so when they have made several small bids previously say $3 or $4 each bid 8 times before , then **bleep** I've bid $4 too much , now I'm the highest bidder , I'll retract my bid......
What other auctions can you retract your bid?? Please let me know .
Yes I contacted the seller , they are not intested in either cancelling the transaction or me to pay my bid above the 2 highest bidder. Understand the seller pays no fee if the transaction is cancelled , relisting the item would probably be the fairest solution and the seller blocking that bid retractor from bidding again.
When I mentioned to the seller did they know about a bid retraction with mins to the end of the auction and I thought the bidding activity looked unusual he said if I was trying to say it was bid shilling he'd be offended.
Yes I emailed Ebay after that & the person who responded wasnt helpful at all & made no sense, English wasnt very good at all.
