What happens if i retract my bid on ebay

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. However, there are some categories where bids don't create a formal contract between the buyer and seller. To help make buying on eBay a safe and enjoyable experience, we've put in place a number of policies and guidelines. Skip to main content. Enter the key words you want to ask for help.

A dialog will open as you type your search terms. Enter your search term to display live search results. Use TAB key to navigate results. Use TAB key to navigate results. To improve your help experience, please sign in to your account. Are you a seller looking to cancel a bid? Read our article on canceling bids and managing buyers. Was this article helpful for you? There are four main situations in which an eBay buyer would be able to retract their auction bid:. There is a time limitation to the first three scenarios listed above.

If the listing ends in less than 12 hours, only the last bid can be retracted. If there are more than 12 hours left, it is possible for a buyer to retract all their bids. Bid retraction is a negative feature for eBay sellers as it can mean loss of profit or a sale. It can also be frustrating when it is clear that some users are taking advantage of the system.

Buyers are not allowed to retract bids when they:. Manipulating bid prices is a serious violation of eBay rules. Another example would be a buyer trying to work out the maximum bid of another user. You can do that 48 hours after the end of auction. If the buyer changes their mind about an eBay sale after the auction has ended, they can contact the seller and ask them to cancel the transaction. As long as the cancellation is per buyer request, most sellers will comply.

A seller can offer another bidder a second chance offer or re-list the item again. If an eBay transaction is cancelled or not completed, the seller may be able to be credited for their final value fee. To be eligible for this credit, sellers must resolve a return, refund, or cancellation request opened in My eBay or Seller Hub or open an unpaid case.

We call this a final value fee. Begin typing your search term above and press enter to search. Press ESC to cancel. Cover Letter. Ben Davis February 28,