The eBay marketplace is known to many Internet users around the world. It is convenient to buy here, and the protection of the site allows you to make purchases safely and quickly. What about auctions? How to cancel a bid on eBay if necessary?
About auctions
Auction is a special way of selling goods when the buyer himself sets the price. For example, the seller puts up for auction some thing and indicates the minimum cost. Additionally, the time until which the auction will run is indicated. You set your bid for the item. If no one beats it before the end of the auction, then you are the buyer and are required to pay for the lot.
Bid
Before you participate in a virtual auction, you should understand what eBay bidding is. First of all, it is a certain amount that you can spend on the purchase of goods. You yourself set its size depending on the minimum cost of the lot. The eBay marketplace offers several types of rates.
Automaticrate
Are you sure you are ready to buy a certain product? And have you already clearly decided for yourself how much you are ready to spend on it? Then automatic bidding on eBay is just for you! This is an opportunity to immediately set a price limit for the lot. That is, you yourself determine and declare a certain amount, more than which you are not going to spend. Further, the system automatically tracks all bids that are on this lot. If someone outbids your last amount, the site automatically raises it on your behalf. And so on up to the limit that you have chosen. This is convenient if you really want to get the desired product, but there is no way to constantly track the course of the auction.
Manual bet
This type of bet is suitable for those who like to keep everything under control. Or for whom it is not important to purchase this particular product. In this case, you need to constantly monitor the lot and the rates on it. For example, if someone outbids you, you can simply change your mind about participating.
Pitfalls
At the last moment your bet was outbid by someone? Definitely you didn't win. But not everything is so simple. The winner for some reason may not redeem the lot. In this case, the winner is the one who was the penultimate bettor. If this happened to you, and you no longer need the product, then canceling the bid on eBay is possible. You must contact the seller to indicate the reason why you do not wish to redeem the item. It is the owner of the item who can withdraw your bid. Luckily, sellers usually just re-list the item in the auction instead oftransfer it to other bidders.
General Bidding Provisions
If you're wondering how to cancel a bid on eBay, chances are you've already done it. You don't need a lot or have you changed your mind? Unfortunately, you can no longer opt out. The eBay marketplace and its rules are well structured. For example, participation in auctions is voluntary, but has its own laws. Before you click the "set your own price" button, you need to consider whether you are able to pay for the purchase if you win. It would seem that there is no reason for eBay to withdraw your bid. But that's not really true.
Filling error
If you accidentally entered a very high value, you can cancel your bid on eBay. To do this, you need to fill out a special form. Specify the reason for the cancellation. Be sure to enter the correct amount. In this case, your bid will be replaced with the one you really wanted to enter. This can only be done while the auction is still active.
Time out
If your wrong bet has played, then according to the rules of the trading platform, you must pay for the purchase. But you can try to contact the seller to explain the situation. In most cases, people go towards each other, and the issue is resolved peacefully. Some sellers leave negative feedback for inattentive buyers for such oversights, and then re-list the item for auction.
Description replacement
Wondering how to cancel a bid on eBay? Read the description of the item being sold carefully. If during the auction the seller added new information about the item, and you are not satisfied with this, then you can refuse the auction. For example, if you do not like the updated data, and the need for such a product has disappeared, then simply fill out the cancellation form. In this case, the site administration provides for the possibility of canceling the bet.
No contact with seller
Are you bidding on an item but can't contact the seller for any question? Cancellation of a bid on eBay provides for such an option. If for some time the seller does not answer you, and the letters are returned with a note that the addressee cannot read them, then you can safely write to the support service of the trading platform. Be sure to indicate that there is no way to contact for communication. Your bid will be cancelled.
Bet time
Trading has its own rules. And eBay is no exception. So, for example, the fact when exactly the bet was made plays a huge role. The time period is conditionally divided into two parts: more than 12 hours and less than 12 hours before the end of the auction. What is the fundamental difference? You may, for good reason, cancel any bid if there is more than 12 hours left before the end of the auction. This is a two-way guarantee for both the seller and the buyer. In this case, all bids for this lot will be deleted. It is also allowed to cancel the auction within an hour after the start of participation. For example, ifchanged their mind or found a lot more attractive in value.
The rules stipulate that you cannot refuse to participate in the auction if the bid is made, and before the end of the auction is less than 12 hours. Even the seller is unable to withdraw your application. How to be? If you win the auction, you can send a private message to the seller and not buy the item (if the seller does not mind).
Non-binding rates
Fortunately, marketplace policy provides for the notion of non-tie bids. What does this mean? What do you need to know before canceling an eBay bid in this case? Firstly, all this applies only to the category of goods "real estate" and "vehicles". Secondly, this type of bet on such sales implies that you can refuse at any time. Non-binding means that there is no agreement between the buyer and the seller on the mandatory purchase of the lot. You can opt out at any time.
Other rules
In order not to think about how to remove a bid on eBay, carefully read the product description. If you participate in several auctions with the same lots at once, you automatically agree to buy them all if you are lucky.
What threatens the violation
Violation of the rules of participation in the auction leads to inevitable punishment. So, you can get negative feedback from the seller for an unredeemed lot. In addition, the administration of the eBay marketplace may issue you a warning. There can be three in total. After the third, your account will beblocked beyond recovery. It is noteworthy that the site administration reserves the right to suspend sales to your address, even if the customer is a member of your family. Be careful when participating in an auction. Choose a product, read the description, reviews about the seller, try to contact him. This is a guarantee that you will not be in the red when trading.
