What happens when your eBay auction ends?
When the listing ends, the highest bidder wins the auction and pays for the item. Remember, a bid is a binding contract. If you aren’t the winning bidder on an auction the seller may still send you a Second Chance Offer.
Can you accept an offer on eBay after the auction ends?
Respond with counteroffer. Let the offer expire. This will happen automatically after 48 hours, or when the listing ends, whichever comes first. Decline the offer.
Can a seller end an eBay auction early?
Go to My eBay > Selling and find the item. From the More actions drop-down menu, select End My Listing Early. If there are bids on your item, choose how you want to end your listing. If there are 12 or more hours before the end of the listing, select Cancel bids and end listing early or Sell item to high bidder.
Can I end an eBay auction early if there are no bids?
You can cancel an auction listing early if there are no bids on an item, or if there are 12 or more hours left on a listing that has received bids (though eBay says it will charge a fee in the latter case).
Can I cancel a bid on eBay as a seller?
As a seller, you can cancel bids on eBay in some situations: when you agree to a buyer’s request, when the item isn’t available anymore, if you made an error in the listing, or if you’re concerned the bidder might be fraudulent.
What happens if you back out of an auction bid?
Buyers who have placed a bid can retract their bid any time before the auctioneer announces the sale has been completed. It’s important to note, however, that the withdrawal of one bid does not revive any previous bid. The auction will continue with the next highest bidder.
Can you get out of an auction contract?
Once you have made your bid, you cannot back out. So if you are the highest bidder, you cannot change your mind after the hammer has come down and you must pay for the item. This may not strictly be the case with online auctions, such as eBay, but it is definitely true for real-life auctions.
Can a seller back out of an auction?
Before the highest bid is accepted, a seller can withdraw the property from the auction. The auctioneer can withdraw property from the auction sale before the dropping of the gavel. Additionally, if the bidding is too low, an auctioneer need not sell property.
What is shill bidding?
Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price.
How does eBay know if you are shill bidding?
EBay keeps records of everything it seems, and this makes it pretty simple to find out if you have been cheated. The first step is to go to the listing of the item. Next the the “Winning bid” (see picture) there is a link that shows you the bids made on the auction.
How is shill bidding detected?
The Live Shill Score algorithm also uses a Post-Filtering Process to avoid misclassification of innocent bidders. Experimental results using both simulated and commercial auction data show that our proposed algorithm can potentially detect shill bidding attempts before an auction ends.