EBay tells us there may be a delay in "indexing" new listings of up to 24 hours.
High value items and new sellers have longer delays.
While eBay "brands" itself as an auction site, over 85% of listings are Fixed Price. Even the few auctions (which eBay defaults new sellers into ) often have a Buy It Now or a Best Offer option which end the auction early.
In addition, there are more Unpaid Item Disputes with auctions than with Fixed Price listings. FP can also have an Immediate Payment Required option.
