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<p>[QUOTE="claycad, post: 1164673, member: 17987"]As the seller I believe that you reserve the right to cancel all bids at anytime unless there is less than 12 hours left in the auction. If there is less than 12 hours you have to sell to the highest bidder unless the bidder agrees to withdrawal their bid. </p><p><br /></p><p>Bidders cannot cancel their bids without suffering consequences unless it is a mutual agreement between you and the bidder. I'm not sure what those consequences are, probably getting their account suspended for a period of time, and it is your responsibility as a seller to report any user who cancels or doesn't pay within the specified amount of time if no mutual agreement between the two of you was made.</p><p><br /></p><p>You might want to search the help sections of ebay to be sure of this, but I just read this information a few weeks ago when I started selling. I was concerned that an item might get lost or stolen during the auction period and wouldn't be recovered before the auction ends, which will hopefully never happen, but in case it would I researched it and found that information. I'm pretty sure it came from ebay themselves. I found it before so you should be able to find it also. I think my info is pretty correct, but double check by searching ebay help sections.</p><p><br /></p><p>EDIT: Actually it wasn't to hard to find, I checked to make sure my info was right. It pretty much is but here is the exact info from ebay about how a seller can end an auction early and how a buyer can retract a bid (which usually requires permission from the seller unless there is a valid reason, which are explained in the link).</p><p><br /></p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fpages.ebay.com%2Fhelp%2Fsell%2Fend_early.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fpages.ebay.com%2Fhelp%2Fsell%2Fend_early.html" rel="nofollow">http://pages.ebay.com/help/sell/end_early.html</a></p><p><br /></p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fpages.ebay.com%2Fhelp%2Fbuy%2Fbid-retract.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fpages.ebay.com%2Fhelp%2Fbuy%2Fbid-retract.html" rel="nofollow">http://pages.ebay.com/help/buy/bid-retract.html</a>[/QUOTE]</p><p><br /></p>
[QUOTE="claycad, post: 1164673, member: 17987"]As the seller I believe that you reserve the right to cancel all bids at anytime unless there is less than 12 hours left in the auction. If there is less than 12 hours you have to sell to the highest bidder unless the bidder agrees to withdrawal their bid. Bidders cannot cancel their bids without suffering consequences unless it is a mutual agreement between you and the bidder. I'm not sure what those consequences are, probably getting their account suspended for a period of time, and it is your responsibility as a seller to report any user who cancels or doesn't pay within the specified amount of time if no mutual agreement between the two of you was made. You might want to search the help sections of ebay to be sure of this, but I just read this information a few weeks ago when I started selling. I was concerned that an item might get lost or stolen during the auction period and wouldn't be recovered before the auction ends, which will hopefully never happen, but in case it would I researched it and found that information. I'm pretty sure it came from ebay themselves. I found it before so you should be able to find it also. I think my info is pretty correct, but double check by searching ebay help sections. EDIT: Actually it wasn't to hard to find, I checked to make sure my info was right. It pretty much is but here is the exact info from ebay about how a seller can end an auction early and how a buyer can retract a bid (which usually requires permission from the seller unless there is a valid reason, which are explained in the link). [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fpages.ebay.com%2Fhelp%2Fsell%2Fend_early.html"]http://pages.ebay.com/help/sell/end_early.html[/URL] [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fpages.ebay.com%2Fhelp%2Fbuy%2Fbid-retract.html"]http://pages.ebay.com/help/buy/bid-retract.html[/URL][/QUOTE]
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