on
15-11-2024
4:33 PM
- last edited on
15-11-2024
4:56 PM
by
kh-mfaiz
I placed a drawing tablet for sale starting at £200 for a week an hour later the highest bidder won for £81 ??
can anyone help?
15-11-2024 4:38 PM
I fear you have mis understood how an auction with a Buy it Now Price works.
If you added a Buy it Now price to an auction listing, this is for anyone not wishing to bid and wait for an auction to end, happy to pay that Buy it Now price immediately.
However, when a bid is placed the Buy it Now price disappears, and the sale has to run on in auction style only, in fairness to the other bidder(s).
The golden rule for auctions is to always start them for the lowest amount you are happy to receive, it cannot sell for less. Then, if you only receive one bid, which often happens, you will have achieved the price you wanted.
15-11-2024 4:47 PM
You started the auction at 27.66, with a buy it now price of 81.66.
You must have put those figures in and not checked the listing before it went live.
If you genuinely made a mistake, you will have to cancel the sale and refund the buyer.
I should point out that Ebay will penalise your account as you will have to cancel for being 'out of stock' and the buyer could leave you negative feedback.
15-11-2024 4:49 PM
Looking st the completed listing.
It was an auction [starting @ £27.66] with a BIN @ £81.66 and the buyer used the BIN.
15-11-2024 4:51 PM
I put the buy it now at £300
15-11-2024 4:55 PM
As above when the first bid is placed the Buy it Now Price disappears and the sale runs on in auction style only.
15-11-2024 5:06 PM
The listing was set up as an auction with a starting price of £27.66 and you added a Buy It Now price of £81.66.
It's all there in the listing history, (see screenshot below). You may have intended to put a £300 Buy it Now price, but didn't. Did you preview your listing to check it before submitting it?