Quick Answer: What Happens After You Bid On EBay?

Is a winning bid on eBay legally binding?

In most product categories on eBay, when you place a bid in an auction it’s considered binding – when you win an auction, you’re agreeing to complete the purchase.

For items listed in Property and eBay Motors classified listings, bids are considered non-binding..

Do you have to sell your item on eBay to the highest bidder?

Yes you do. You should never start your auction lower than a price you are willing to accept. If for some reason you REALLY don’t want to sell it then you can use a seller cancelled transaction. However this will give you a defect and too many of those and you’ll be blocked from selling on ebay.

What happens if you win a bid on eBay and don’t want it?

Buying an item or bidding on an auction on eBay is a commitment to complete your purchase. Even if you changed your mind or want to cancel your order, you need to pay for your item. … If the seller opens an unpaid item case, you can either pay for the item or state your reason for not making payment.

Do you lose money if you bid on eBay?

No, you don’t lose money. The only person who pays is the one who wins the bidding. Do not bid more than you can afford to pay. No, bidders never pay to bid like that other “fair and honest” bidding site you see advertised on TV.

Can you accept an offer on eBay if someone has bid?

If you receive a bid, current offers and counteroffers will be declined automatically and buyers won’t be able to make any additional offers on your item. If a bidder retracts their bid, the Best Offer feature will be re-enabled.

What happens if eBay bid is too low?

Even if you get just one bid an the items sells for the opening bid amount, it is considered Sold and if you refuse to ship it you’ll get negative feedback. … Never list an item for less than you’d be willing to sell it for unless you’re 100% certain that it will attract enough bidders to drive up the price.

Why do I get outbid on eBay at the last second?

Sounds like YOU bid at the “last second” and got outbid by an earlier higher bid. … Any lower subsequent bid is automatically outbid by that higher bid immediately upon being placed.

What happens if you win an auction and can’t pay?

Should a successful bidder choose not to pay, an auctioneer has every legal right to seek payment for purchased items, including canceling the sale and reoffering the property without reserve. Typically a defaulted lot is either reoffered or returned to the consignor, but can be “tainted” to the marketplace.

Can eBay seller cancel winning bid?

Sellers are allowed to cancel bids for ANY reason. eBay will not do anything about it. The seller may have looked at your ‘Feedback left for others’ and decided they’d prefer to sell to another buyer.

Does eBay punish non paying bidders?

The worst is that ebay dosent even punish non paying bidders. They can just keep on buying and waisting the sellers time as long as they like. eBay gives a non paying bidder 30 lashes with a wet noodle. Although the punishment is severe, it does not seem to be working.

Can I accept an offer on eBay before the auction ends?

No you can’t. When you end the auction early to sell to the highest bidder the invoice price is whatever the highest bid price showing on the listing is when it ends.

Can I bid on eBay at the last minute?

Sniping is allowed by eBay. It’s just bdding the most the bidder is willing to pay, as their one and only bid, in the last 10 seconds of the listing. As you have recognised, bidding only once with less than 10 seconds left pretty much precludes other bidders from reacting to the sniper’s late bid.

Why do I keep losing eBay auctions?

Answers (3) You lose because someone else is willing to pay more than you are… unless you are not bidding what you are willing to pay. … Winners bid ONCE, bid as close to the end of the auction as they can, and they bid the abosulute maximum they are willing to pay.

Should you bid early on eBay?

eBay and sellers encourage people to bid early is because it makes them more money. eBay’s search results show the number of bids an item has received, and the current highest bid.

What happens after you win a bid on eBay?

If the item is a Buy it Now with Immediate Payment Required, you are expected to pay immediately. If you don’t, the item stays listed. On any other type of listing, you have 48 hours after you win the item before seller can open an unpaid item dispute.

How long do I have to pay after winning a bid on eBay?

2 daysWhat is the policy? When a member wins an item, or uses Buy It Now to purchase an item, they must complete the purchase by sending full payment to the seller within 2 days.