View Single Post
Old 12-09-15 | 06:51 AM
  #12  
CliffordK's Avatar
CliffordK
Senior Member
10 Anniversary
Community Builder
Community Influencer
Active Streak: 30 Days
 
Joined: Nov 2014
Posts: 27,576
Likes: 5,485
From: Eugene, Oregon, USA
  • I have seen sellers who will cancel all bids, returning the item to the starting price. Perhaps it was sold locally (or so they claim). Or, maybe it didn't reach the reserve price. I don't like the practice, but it is possible. Maybe the seller got cold feet, and terminated the auction before the end of auction bidding frenzy, hoping to avoid an auction that sells at nearly the start bid (which is a practice that I abhor, but there is little that can be done about it).
  • In rare instances, a buyer may reverse his bid, generally not in the last few hours of the auction. I think this is listed as part of the bids.
  • Some sellers also have a written policy restricting international bidders, or bidders with less than 10 positive feedback. Can they manually remove bidders that don't meet their criteria?
    .
  • As far as the second chance offers. It is rare that I get them, and I treat the process with great suspicion. I did get a second chance offer a few years ago. Rather than accepting my absolute max bid, I told the seller that I would honor the price of the 3rd bidder (what the auction would have sold for without the high bidder). He accepted, and I bought the item. I can imagine sellers using the process if they have multiple identical or equivalent items for sale.
CliffordK is offline  
Reply