quick poll? end auction early?
Sets
Posts: 184
What is the general opinion of ending auctions early? just curious, if you get what you feel is a fair price should you do it? I am not a greedy pig and I don't need to try to suck every last dollar out of someone. , What if it there are no bids, or bids aren't even close to your reserve, or the auction isn't half over. Would it deter someone from bidding on my auctions in the future? Is it fair? Will it hurt my reputation? Under what conditions should it be done?
The reason I ask this is because tonight someone offered me a fair price on an item and I am not sure what to do. I don't want to hurt my reputation at all, and I don't want to prevent people from bidding on my auctions. I never did it before, and I don't know if that hurts or helps me?
The reason I ask this is because tonight someone offered me a fair price on an item and I am not sure what to do. I don't want to hurt my reputation at all, and I don't want to prevent people from bidding on my auctions. I never did it before, and I don't know if that hurts or helps me?
My ebay store IS CLOSED TEMPORARILY
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Comments
James
Here's all you have to say :
"Thank you for the offer, but in fairness to bidders who like to track auctions,
and then bid at the last minute, I never end my auctions early.
Thanks for understanding."
Anyone asking to you to end your auction early is doing it for one reason only.
They're afraid the card will cost them MORE than their offer if they let the auction run till the end.
So who's being the greedy pig ?
"How about a little fire Scarecrow ?"
BOTR
I love making private deals...have found plenty of friends and long time traders because of this practice. Sure you have some people that don't feel it's right or won't end an auction early....well sometimes auctions don't get the bids you want. I've had plenty of people email saying "Oh I really wanted to bid on the card.but (sniper didn't go off, thought it ended on another day etc) Let me know if the high bidder doesn't pay for it".
I say, if the offer is good, sell it. Could sell for more, could sell for less, could sell the exact same price. At least you don't have to pay Ebay fees.
As a buyer, if I bid on an auction and it gets pulled (to sell offline, not because of listing error) I will never buy from that seller again. I guess you have to balance your reputation vs. profit margin.
After the rules it's a matter of what you feel is good or bad business practice viewed by your fellow ebayers.
My Auctions
Agree that snipers snipe to save themselves money,
but at least it's a level playing field where everyone has an equal chance.
As to eBay in general :
It ain't new, it ain't going away, and it's only going to become a larger part of the hobby.
It has brought in a lot of new blood, and for better or worse, has taken card collecting to the next level.
"How about a little fire Scarecrow ?"
Joe
they are affraidn it will go for more.
JPARCHITECTUS
<< <i>Now, what if a dealer at a show had a card you have been looking for for years.... you agreed on a fair price and were ready to close, he then says OK come back at the end of the show when all the other attendees have had a chance to look at the card and make me better offers. I want to be fair to them too................would you be understanding? >>
An auction is different from a card show. When you look at an auction that interests you--it has a clearly defined closing time. Unless it has a BIN option, the auction should remain open until that time. To compare the two does not make sense--they are different.
If someone really wants that card, then they can place a bid just like anyone else. Reasons such as sniping, shilling, desire to get the lowest price possible for those on a budget--all come into play when persons decide to place their bids and when they place their bids. I've sniped many a card, and have been sniped myself--but when I get sniped, it only agravates me for a little while because I know its just part of the auction process and if someone is willing to pay more than me, then thats just life.
If sellers end their auctions early, they not only lose a chance to benefit from a possible bidding war, but they may also lose potential future customers who won't waste their time with certain sellers because they do not abide by the established system of the auction.
Either include a BIN option on your auctions, or let the process play out.
Starting an auction is a commitment to sell the item at the resultant price whatever that is to the winning bidder, just like bidding on an auction is a commitment to pay that much for the item (if you win).
No!!!!
Vic
wrong Homer.
now this is a great point, so if someone see's it early they should make a fair offer, I agree it is maybe only to save money, maybe they don't want to wait or go through the hassle. I do agree that it should not be done when bids are on items as someone mentioned earlier. I never expected this kind of response. Wow, I guess it was a good question to ask.
When answering wear both shoes, as seller, and as buyer, and you will probably make a more fairer answer.
I had a Roger Staubach Rookie on ebay for a 5 day auction. This guy emails after 3 days and says that if I end the auction now he will buy it from me for $150.00. I had never had this happen to me before and I went to my listing and saw that only 5 people had looked at it. At that point I thought well $150 in my pocket is better than nothing, but as I was emailing the guy to tell him ok something told me not to. So I told him sorry but I was going to let it ride and thanked him for the offer. It sold for $202 and no one bid on it until the last hour or two so I learned a lesson on that one. Let it ride. Plus I imagine people do pay attention to your auctions and if you end them early it might have some credability costs. Thats my 2 cents worth, sorry no change.
actually, it's a pretty weak analogy.
I will continue to make rediculously generous offers on cards i really gotta have, ones comes up every month or so. And I will continue to hook-up other collectors who e-mail me jonzing for cards I'm selling.
of course my opening bids are usually so high that it weeds out the cheapskates and reneggers.
Brian
But in all fairness I will watch an item and bid in the last minute or so, if I see a seller that ends his auction early more than once, I dont care how bad I want a card he/she maybe selling...They wont get my dollars...