Cancelling bids

[marorog_e77uyvpim]

I currently have a few items listed as a private seller. One of my items the bidding was going really well and there still 2 to 3 days left. A chap joined the bidding at the early stages by bidding up by £2 on a number of occasions. The bidding had reached £40 this chap had bid up to the £40 which was £9.50 short of its reserve, then this chap cancels his bids which meant the bid price dropped down to £28. The reason this chap gave, was he entered the wrong amount "am I missing something here" it is of my opinion that if a person bids a number of times for a item let's just say six times, then they cancel by giving the reason, that he entered the wrong amount. In this case I  believe after a full and thorough investigation by eBay this chap should have his eBay account frozen for a short period to prevent these people from being dishonest. What do you all think?

[john1297576 · Accepted solution]

Why ever pay for a reserve, bidders know that any bid belw £50 can't win so they are free to mess you around as they please.

All this bidder wanted to know was the reserve price I  think. You have lost nothing as he could not win. Jst add him to your blocked bidders list.

Reserves are a waste of money, if this item doesn't sell thenyou have spent £2 in unnecessary fees. Start an auction at a price you are happy to sell at, add BEST OFFER, costs you nothing extra, and it gives the option for real bidders  to make a serious offer.

Offers don't have to be "cheap" you can set a figure at which offers are automatically rejected, they can be below, equal to or above the start price. I like the "above" offers. You don't have to accept any offers.

Looking at your listings you are paying fees that are not necessary, Auction plus BIN costs 50p sold or unsold, reserves cost 45 of the reserve, and minimum reserve is £50.  Don't waste money on fees, start at price you woud be happy to sell at with best offer. All the advantages of an instant sale as a BIN but no extra costs.

Your postage in amny cases is wrong, over £20 needed SIGNED FOR, and over £50 needs Special delivery.

In the event of loss or damage you have to refund buyer in full, but won't get much compensation from Royal Mail if you try to claim.

[marorog_e77uyvpim · Accepted solution]

Why doesn’t eBay allow a sellers minimum price button from £1 upwards, that would get rid of a lot of the problems.