Can you do this with an auction?

  1. Okay, so I took a different tact with one of my current auctions. I have a Fendi I've been hanging on to for MONTHS, and I'd never carry it myself, so I got gutsy: I tried starting real low to generate interest, following suit with a lot of others on eBay, like this one:

    However, I noticed an auction (and forgive me - this auction ended over 30 days ago, so I can't pull it up in the completed listings anymore) in the "completed listings" that started at $49.00, but the seller stated, "I reserve the right to cancel this auction if bidder doesn't reach what I need it to." I was like, HUH?!?!?! It was a no reserve auction - isn't that what reserve prices are for?? Ultimately, her auction made it to $1,425, and so far I've got 4 bids on my bag and over 1 day left, but is this even a legit tactic in selling? It seems downright unfair to me....The fact of the matter is, I may take a HUGE loss on this bag, but that's a risk you take with auctions that start low, right??

    Has anyone else seen this?
  2. You can end an auction so long as it's more than 12 hours prior I believe.
  3. eBay's help section states you can only end an auction early if:
    Reasons for ending listings early include:
    • <LI style="MARGIN-TOP: 6px">The item is no longer available for sale. <LI style="MARGIN-TOP: 6px">There was an error in the starting price or reserve amount. <LI style="MARGIN-TOP: 6px">There was an error in the listing.
    • The item was lost or broken.
    Then, they state:
    Timing Matters
    When there are 12 hours or less remaining and the item has a winning bid, including a reserve met bid, sellers cannot make any changes to the listing, including:
    • <LI style="MARGIN-TOP: 6px">Ending the item early. Sellers may cancel bids, but not end the item unless the item is being sold to the high bidder.
    • Adding to or changing the item description.
    It doesn't seem to make sense that she claimed to have the right to cancel if she "didn't get what she needed," does it?
  4. Not sure if you can do that. That is what reserve is for. You can end an auction as long as it has no bids.
  5. I guess no one was harmed in this respect, because she ultimately sold it for a good price to the highest bidder, but SHEESH! It's just kind of nervy!
  6. While you are able to end a listing early, sellers are not to supposed to do that due to their item not reaching the price they want.

  7. If you see that written in a listing you can report it as technically it's against eBay rules and basically circumventing ebay fees.
    Why would anyone put that in the listing anyway? It would turn me off right away.
  8. Yeah, it would me, too! No one wants to bid thinking, "any minute now, she's going to cancel the whole auction!"
  9. Well, a seller did it to me and eBay did NOTHING! I bought , PAID and the seller sent my money right back. They didn't even suspend her temporarily!
  10. I think you can technically cancel the bids and end the auction.
  11. You CAN do it, but it is WAY against the rules. I've never heard of it being investigated to the point of them doing anything about it tho.