Sold £299 ebay item for £1.04. Shock!

Spook4King

soolin wrote: »

You don't understand how bidding works. If only person wants an item then it will always sell at opening price. It needs a second person to bid against before the item goes up. If only person snipes then it will go at opening price exactly the same as if only person manually bid before auction ended.

*facepalm* If you read my posts I will respond to you. I'm not talking about niche items with 0-1 watchers. Anyone who puts items up like that for 99p is an idiot. Kthxbai.

Elvisia

I use sniping if I am not going to be available to bid on something, I find it very useful as it means I can spend a bit of time thinking about what my highest bid would be, enter it, then forget about it, and not get involved in the heart palpitations of last minute bidding. As I am unemployed I have to watch every penny, so I would rather have some control over my bidding than get all emotional and bid too much for something. If a few people are sniping on a product surely it will go for whatever the highest snipe is anyway? Even if I was available to bid for an item at it's end time I wouldn't bid early for it, I would just be pushing the price up myself.

I've sold quite a bit of my own stuff on ebay too, and I am sure some of that goes to sniping as I suddenly get bids in 10 seconds before it closes. I've also had the heart sinking feeling when you realise your stuff hasn't gone for as much as you'd hoped!

Rotor

Spook4king - i take it you wouldn't mind if the buyer of your £200 phone had buyers remorse for paying too much and decided not to pay? Or is it just sellers who have no need to honour sales?

hermum

mrcow wrote: »

The seller has made a genuine mistake. They shouldn't be penalised for it. If the buyer is stupid enough to think that someone would let the item go for £1.04, then more fool them.

btw - if you lose or break an item, what makes you think a negative would be "unfair"?

How has the seller made a genuine mistake?

soolin

mrcow wrote: »

The seller has made a genuine mistake. They shouldn't be penalised for it. If the buyer is stupid enough to think that someone would let the item go for £1.04, then more fool them.

btw - if you lose or break an item, what makes you think a negative would be "unfair"?

From my post 83

This is also not just a simple case of an error, an error would be listing this
as a BIN for 99p instead of an auction and then realising only when it was sold.
This thread suggests that OP listed at 99p and attracted only 2 bidders, one of
whom considered the item only worth 99p (the opening bid), that suggests the
value put on the item of £299 was wrong.

Two people thought this item was worth around £1, no one else even thought it was worth that much to bother bidding.

As for feedback, when someone genuinely loses an item or breaks it before despatch and gets a neg we all sympathise on here that the neg is unfair, as accidents do happen. I do think it is harsh for anyone to get a neg if they genuinely break an item before despatch, but with sellers prepared to lie I can see why some buyers do leave poor feedback .

toffe

soolin wrote: »

Exactly. How do you think he got wealthy, by being clever and spotting bargains or dealing well in life.

You undervalued your item, he has spotted potential and has bought it. I do it all the time as do many on here. I buy from ebay and resell by adding something extra to one of the lines i buy. It is common business practice.

all the more reason for the op to refuse the sale, if this is a "wealthy business buyer" trying to steal a bargain at a novice private sellers expense then, and again soolin i feel i need to point this out to you, given that this is a MONEY SAVING WEBSITE i'd tell the op, who is trying to sell their item to raise cash for personal benefit, to tell the "business man" sorry pal, but you aint heating that swiming pool out of my pocket, now on yer bike i'm not selling.

this site isnt about business, its about money saving, op, save some money DON'T SELL!!

custardy

toffe wrote: »

all the more reason for the op to refuse the sale, if this is a "wealthy business buyer" trying to steal a bargain at a novice private sellers expense then, and again soolin i feel i need to point this out to you, given that this is a MONEY SAVING WEBSITE i'd tell the op, who is trying to sell their item to raise cash for personal benefit, to tell the "business man" sorry pal, but you aint heating that swiming pool out of my pocket, now on yer bike i'm not selling.

this site isnt about business, its about money saving, op, save some money DON'T SELL!!

where does it say its a business purchase?

toffe

custardy wrote: »

where does it say its a business purchase?

i'm replying to an assumption made by soolin, not by me, by soolin.

my comment is of course only valid if Soolin's assumption is corerect, but again i stress, it was soolin's assumption not mine.

so shouldn't your question be directed to her and not me?;)

mrcow

hermum wrote: »

How has the seller made a genuine mistake?

By not listing it at an appropriate price in the first place of course........

vicx

mrcow wrote: »

By not listing it at an appropriate price in the first place of course........

or adding a reserve price.