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!

When a buyer asks for an auctioned item to be sold for a Buy It Now price

I've read on the eBay help pages that if a buyer offers a price the auction can be ended by 'Sell to the high bidder'.

I take it from that, that if they bid £10 and you select that then the auction will end on £10.

Are there any risks in doing this? Is it likely that they might bid less than agreed and I wouldn't know until it was too late?

Comments

  • iieee
    iieee Posts: 1,194 Forumite
    If you select 'sell to the current high bidder', then it will sell for whatever price the auction is currently up to, not whatever they have offered you via message. Usually when people are asking you to give them a buy it now price they either want you to sell off ebay or add a buy it now option to the listing. They also IME generally want to get you to agree to a price which is far less than the item would sell for if left to run as an auction.
    :www: :: MFi3 ::
    Original mortgage free date ~ January 2030 :sad:
    Current mortgage free date ~ July 2028
    :tongue:
  • I see, I think I'll scrap that idea then, prospective buyers are trying to hurry the sale. I'll politely decline.
  • martindow
    martindow Posts: 10,628 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If there are several enthusiastic buyers I would let the auction run and allow them to keep bidding and push the price up.
  • forgotmyname
    forgotmyname Posts: 32,966 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I have ended the auction for items i was not sure would sell and had an offer to buy it now.

    Maybe i got less than it was worth, Or maybe the buyer needed one quickly and wouldnt have bid on mine
    anyway?

    If your happy with the price then why not, If you think its worth a bit more then wait and let the auction
    run to the end.

    State auction will run and will not be ended early if you get several requests.
    Censorship Reigns Supreme in Troll City...

  • hermum
    hermum Posts: 7,123 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    martindow wrote: »
    If there are several enthusiastic buyers I would let the auction run and allow them to keep bidding and push the price up.

    I've done that so often now & it ends up going for less than the offer to end early.
    I must not be greedy, I must not be greedy.
  • I think it's probably easier for me to just leave the auction. Some people are very rude in their requests.
  • forgotmyname
    forgotmyname Posts: 32,966 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    i would block rude ones, But wait until near the auction end and remove their bids or block them as late as possible
    to avoid them bidding or using another account to bid.

    Was your 99p starting price too high but they are will to pay that if you reduce the postage a bit and end NOW...
    Funny when the item normally sells for £50+ or has current bids in excess of their offer.
    Censorship Reigns Supreme in Troll City...

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
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K 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.