Didn't accept last bid, didn't realise item had sold!

[ros13firestorm]

New to eBay- put item up for auction, I didn't accept last bid- as not high enough for what I wanted-  ebay has told me it's sold, when I need to cancel-  and relist. Didn't realise once an item is up for auction-  I have no control over it.

[sandypebbles]

You need to read up on how selling works before doing anything else

When you listed the item as an auction, you need to start at the price you will accept

The seller does not need to accept the bids made, once a bid is made, that is it, if only one bid is made, that is the price it is sold for. So yes, you do have 100% control over it

Be aware if you refuse to honour the sale, the buyer might be ok with it, but more than likely, you will get a defect on your account 

You also need to be aware of other things as a brand new seller, such as a 21 or 30 day hold on funds from sales (but you must post the item once eBay tells you to)

There are no reserves on eBay, so the price you choose to list an item as a auction, is the price it sells for 

[sugar249]

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@ros13firestorm wrote:

Didn't realise once an item is up for auction-  I have no control over it.

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You have 100% control over the final price.   Start the auction at the minimum price you are willing to accept for the item.   That way the price can only go above what you want.   Simple really.   I think it's disgusting how Real Estate can set reserves,  as that is just playing the buyers.

Start at the price you want.

[daydreams_12]

Also, your buy now price disappears once a bid is made.  Do not be confused that it is a reserve.  As others have said read up on Selling on Ebay.  It will save you a lot of problems

[springyzone]

You'll be in a world of trouble if you want to continue selling on ebay (even occasionally) and you don't bother to read through the instructions first.

You obviously don't have a clue how ebay auctions work. I don't mean that as an insult & it's not a crime but the trouble is, a lot of people who bid WILL know how they work and they are going to be extremely annoyed with you for wasting their time unless you lift your game.

If you want to avoid trouble and unpleasantness, best to realise that you as the seller don't 'accept'  any bid. It is all automated. The whole thing.

It's basically set and forget. Have a look at your item, decide what the lowest acceptable price would be and that is your auction starting price.

Pay no heed to ebay exhortations to start at 99c or some such rubbish. The only people this benefits is ebay. They don't care what you sell it for or if it is a loss, as they get selling fees etc anyway. They are only after quick sales. You have to look out for your own interests.

So start at the lowest price you would accept and be aware there may never be an auction frenzy. You may well get only one bid. So set that starting price carefully with that in mind.

Once the auction finishes, the highest bid automatically wins, even if it is the only bid.

That person may then pay before you even get back online.

After that, the buyer will expect you to post out to them fairly quick smart.

[padi*0409]

To add to what the others have said, unless you have cancelled the 3 sales of the bracelets properly eBay will be expecting their fees of just under 14% on the $5,119.00 that they sold for.

[jellybirddesigns]

Besides what everyone has written - I think you're very open to being scammed. High priced jewellery is a definite target. Whilst I'm sure you will send everything with tracking, Ebay requires Signature on Delivery for anything over $750. Scammers know this, and all it takes is one slip up and you'll be on the hook. In fact, considering what you're selling, I would send everything as SOD to minimise problems.

Being new to Ebay and selling the stuff you're selling is extremely risky.

You also have a poor understanding of how the selling/auction/Buy It Now system works, so it would definitely be worth it to study the selling guide.

BTW, nobody on the planet is going to pay a BIN price when the starting auction price is several hundred dollars less. It's entirely possible they could be the only bidder and all they have to do is place the first bid. If nobody else comes along, they will win it at the opening price.

[sandypebbles]

Not looking good as far as the bracelet they have re-listed again goes, as they have already been given a neut for failing to honour the sale 

The next buyer might not be so generous with their feedback, especially once they see it is repeat behaviour 

[padi*0409]

They were probably lucky that wasn't a neg Sandy.

[sandypebbles]

Very lucky