07-10-2013 08:16 PM
What happens if I get outbid ...but the seller cancels a bid…. It comes back to me …but I am no longer interested.
Am I on the hook for the item? …or do I now have the option to decline?
Solved! Go to Solution.
07-10-2013 09:17 PM
You are still on the hook.
The fine print
Bidding is meant to be fun, but remember that each bid you place enters you into a binding contract. All bids are active until the listing ends. If you win an item, you're obligated to purchase it.
Don't bid on identical items in different listings if you only want one item. If you win both, you'll be obligated to buy both.
If you're outbid on an item, wait until the listing has ended before placing a bid on an equivalent item. If the bidder who won doesn't complete the transaction for any reason, you could become the winning bidder.
07-10-2013 09:49 PM
07-10-2013 08:33 PM - edited 07-10-2013 08:36 PM
It sounds like a "Second Chance Offer". If so you can accept or reject the offer.
07-10-2013 08:50 PM
@al1966italia wrote:What happens if I get outbid ...but the seller cancels a bid…. It comes back to me …but I am no longer interested.
Am I on the hook for the item? …or do I now have the option to decline?
07-10-2013 09:02 PM
Thanks chimera that info was also helpful.
But to clarify – I am asking about an auction that still has time to run on it.
So lets say that I bid $10 and I get outbid by 1 or more bidders and the item is now up at $12. Then a day or even a minute before the auction is over the seller cancels out the bid(s) ahead of me.
Am I then still on the hook?
If so… this is a bad policy… as I could have bid/bought the similar item from someone else.
Hope I can get clarification on this.
07-10-2013 09:17 PM
You are still on the hook.
The fine print
Bidding is meant to be fun, but remember that each bid you place enters you into a binding contract. All bids are active until the listing ends. If you win an item, you're obligated to purchase it.
Don't bid on identical items in different listings if you only want one item. If you win both, you'll be obligated to buy both.
If you're outbid on an item, wait until the listing has ended before placing a bid on an equivalent item. If the bidder who won doesn't complete the transaction for any reason, you could become the winning bidder.
07-10-2013 09:35 PM
Thanks toby_ le_Pue.
That’s what I figured.
But I needed to hear it from an experienced E-Bayer like yourself.
Thanks again.
BTW: if you have a link to an E-bay official policy statement on this… I’d appreciate it if you could post the Link. I trust what your saying… so I figure you (1) have read this on E-Bay ....or (2) experienced such a scenario and its default consequence.
07-10-2013 09:49 PM
07-10-2013 10:02 PM
Thanks Pocomoc!
Thanks everyone!
07-11-2013 08:30 AM - edited 07-11-2013 08:31 AM
"If you're outbid on an item, wait until the listing has ended before placing a bid on an equivalent item. If the bidder who won doesn't complete the transaction for any reason, you could become the winning bidder."
Forgive me for asking to clarify this statement ,if a bidder wins an item to me it means the listing has ended,whether that bidder does not complete the transaction or not,that's between the seller and the bidder to sort it out. in the meantime I could have lost hope and started bidding on a similar item with another seller.
,This forum is full of complaints from sellers who seemingly sold an item but the bidder backed out of the deal after winning it...never heard a complain about the next bidder in line who also did not pay.
07-11-2013 10:16 AM
I think a few words are taken out-of-context.
"if a bidder wins an item..."
Then whatever amount was bid by the under-bidder is irrelevant.
""If you're outbid on an item, wait until the listing has ended before placing a bid on an equivalent item. If the bidder who won doesn't complete the transaction for any reason, you could become the winning bidder.""
Must be taken in the context of an auction listing NOT yet ended. For example, if bidder A places the minimum bid of $10 and bidder B places a higher bid of $12 but later retracts the bid before the end of the auction (or the seller cancels the bid from buyer B before the end of the auction), then buyer A would "win" the auction based on his original bid of $10.