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eBay Policy Change: Ending Auctions Early
wayneherndon
Posts: 2,346 ✭✭✭
***Policy Change: Ending Listings Early***
Date: 09/30/04 Time: 04:02:29 PM PDT
Next week, we are updating the policy governing when a seller may end or change their listing. This will align our sellers’ ability to manage their listings with our buyers’ ability to retract bids. Currently, buyers have limitations on retracting bids during the last 12 hours of a listing.
Today, our policy allows a seller to cancel bids and end an item at any time as long as one of the following reasons is met:
-The item is no longer available for sale.
-There was an error in the starting price or -reserve amount.
-There was an error in the listing.
-The item was lost or broken.
Sellers are also prevented from making changes to a listing during the final 12 hours.
Beginning next week, if a listing has 12 or fewer hours remaining and has, or had, a winning bid during the final 12 hours of the listing, the seller will no longer be able to end the listing, except to sell to the current high bidder on eBay. Sellers may still cancel specific bids that they find unwelcome, but may no longer utilize the "cancel all bids and end this item" feature.
The practice of canceling all bids and ending an item early with only minutes left is very frustrating to buyers. This change should improve the overall buyer experience.
Sellers may still end listings during the final 12 hours of the listing if the item does not have any bids.
Regards,
eBay
Date: 09/30/04 Time: 04:02:29 PM PDT
Next week, we are updating the policy governing when a seller may end or change their listing. This will align our sellers’ ability to manage their listings with our buyers’ ability to retract bids. Currently, buyers have limitations on retracting bids during the last 12 hours of a listing.
Today, our policy allows a seller to cancel bids and end an item at any time as long as one of the following reasons is met:
-The item is no longer available for sale.
-There was an error in the starting price or -reserve amount.
-There was an error in the listing.
-The item was lost or broken.
Sellers are also prevented from making changes to a listing during the final 12 hours.
Beginning next week, if a listing has 12 or fewer hours remaining and has, or had, a winning bid during the final 12 hours of the listing, the seller will no longer be able to end the listing, except to sell to the current high bidder on eBay. Sellers may still cancel specific bids that they find unwelcome, but may no longer utilize the "cancel all bids and end this item" feature.
The practice of canceling all bids and ending an item early with only minutes left is very frustrating to buyers. This change should improve the overall buyer experience.
Sellers may still end listings during the final 12 hours of the listing if the item does not have any bids.
Regards,
eBay
0
Comments
<< <i>Beginning next week, if a listing has 12 or fewer hours remaining and has, or had, a winning bid during the final 12 hours of the listing, the seller will no longer be able to end the listing, except to sell to the current high bidder on eBay. Sellers may still cancel specific bids that they find unwelcome, but may no longer utilize the "cancel all bids and end this item" feature. >>
Either start the coin (or set the reserve) at the minimum you're willing to take, or accept the consequences.
I'll lose millions
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since 8/1/6
It's PARTY time!!! I knew all those emails I kept sending to ebay customer service would pay off one day.
Russ, NCNE
Looking for PCGS AU58 Washington's, 32-63.
<< <i>I'm shocked eBay is actually doing something about it. >>
My OmniCoin Collection
My BankNoteBank Collection
Tom, formerly in Albuquerque, NM.
Just curious
JM
What will be really fun is if the change isn't well publized and some the people who regularly cancel auctions don't discover it until too late as they try to cancel an auction.
WH
....I'll lose millions.... of copper atoms.
David
this action is purely profit motivated.
More folks will have to put a "reserve" on itmes for fear of getting ripped.
Just a guess.
Tbig
<< <i>What will be really fun is if the change isn't well publized and some the people who regularly cancel auctions don't discover it until too late as they try to cancel an auction. >>
Have your wallets ready......but then, most of these sellers just won't honor the bid anyway.
Coin Show Schedules - www.CoinShowDates.com
<< <i>this action is purely profit motivated. >>
As an EBAY shareholder, I certainly hope so!
<< <i>this action is purely profit motivated. >>
I'm shocked!!! You think Ebay is doing this only to boost thier own profits?? I thought they really cared about us!!!
I guess the "Reeded Edge" will be unhappy.
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>I'm shocked eBay is actually doing something about it. It's about damned time they went after these gutless wienies. >>
<< <i>Unfortunately, even if a seller doesn't know about it, or forgets, they can still refuse to ship the item, so the buyer is still at their mercy. They would get a neg for it if they did it to me, but I think most would take the neg and not make the same mistake again. >>
Sadly, you're probably right, but it will discourage at least some percentage of these bums from playing the game. I'm sure the more dedicated aren't really all that concerned about the negs since too many buyers are afraid to neg. And if they're a powerseller, eBay isn't going to hammer them.
Come on over ... to The Dark Side!
This action is purely profit motivated.
As an EBAY shareholder, I certainly hope so!
Flaminio, we're in the same boat! What a money machine...$$$$
GREAT MOVE EBAY!
Dave