sold item at wrong price

[fogogof]

Hi, I listed an item that sold in minutes of listing it which was good but surprising it sold quite that quick but then I realised that Id put the wrong buy it now price on the listing. Ive tried contacting the buyer but they wont respond but they've paid, its a collection only item. I realise this is my fault 100% but what can I do about it, please?

[**peaseblossom**]

You are supposed to honour the sale and you may get a defect on your account if you don't.   Only you can decide whether you prefer that to losing money on the item.    No one can force you to proceed and if you decide not to you can cancel via the dropdown menu arrow alongside the item on your orders page.   The refund will be issued in the process.

[fogogof]

Hi,thanks for that. Also, as this hasnt happened to me before, can you please explain what a defect is?Thanks fogogof