We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Reserve Met now What

Have an item for sale with reserve price and higher BIN price.This guy bids £70 then 1 min later bids £90 which reaches my reserve.He them mails me to ask if he can withdraw bid as its the wrong kind of item he wants.Great now my BIN is gone and everyone knows the reserve price.I didnt think he needed my permission to retract his bid but what will happen to the BIN price and reserve price if he does ? Makes me wonder if this guy is bidding on behalf of someone else to find out the reserve :'(

Comments

  • soolin
    soolin Posts: 75,001 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It does sound like he was trying to find out your reserve price. He can withdraw his own bid if there are more than 12 hours to go on the auction but that shows on his feedback page which some buyers don't like. However as he has made it quite clear he doesn't want the item if he won't withdraw his bid himself then you will have to do it for him rather than end up with a non paying bidder.

    The reserve shouldn't be affected though, it still can't go for less than reserve, however, as soon as you get a bid in above the reserve price the BIN has gone anyway, and I don't think there is anything you can do about that.

    Soo
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • Nostromo
    Nostromo Posts: 430 Forumite
    Hmm i just cancelled his bid anyway after finding the option to do so and the BIN price is reinstated as before.
    The item has 17 watchers so hopefully the price will rise in the final hours.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.