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Closing an eBay listing early with 1 bid = BIN?
porto_bello
Posts: 1,828 Forumite
What happens if I close an eBay auction early whilst there is a bid in place?
I have a relatively cheap item with one bid from a previous buyer and it would suit us both to end the listing early.
[I think the chances of the item selling for much more are low and frankly, I'd rather sell to someone I know to be honest and above board than mess about with chancers and non-payers].
But if I were to close the listing early, would this have the result that the current bid would win at the early close of the listing and thus create a transaction? [Effectively converting the bid to a buy it now?]
Or would closing the auction listing early cancel the bid as well as the listing?
I have a relatively cheap item with one bid from a previous buyer and it would suit us both to end the listing early.
[I think the chances of the item selling for much more are low and frankly, I'd rather sell to someone I know to be honest and above board than mess about with chancers and non-payers].
But if I were to close the listing early, would this have the result that the current bid would win at the early close of the listing and thus create a transaction? [Effectively converting the bid to a buy it now?]
Or would closing the auction listing early cancel the bid as well as the listing?
"The secret of life is honesty and fair dealing.
...If you can fake that, you've got it made."
Groucho Marx
...If you can fake that, you've got it made."
Groucho Marx
0
Comments
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If you close the auction with the bid in place then the bidder will win at the opening bid price.0
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why didn't you put the starting price at a price you would be happy to sell at.
You are wasting that bidders time so you are being a bit hypocritical.Don't trust a forum for advice. Get proper paid advice. Any advice given should always be checked0 -
Thank you, that's exactly the perfect solution I was looking for. :money:I_wanna_live_for_free wrote: »If you close the auction with the bid in place then the bidder will win at the opening bid price.
I did put the starting price at a price I am happy to sell - hence I'm happy to close the listing right now.Takeaway_Addict wrote: »why didn't you put the starting price at a price you would be happy to sell at.
:huh: The idea of closing the auction early (at a starting price I am happy to sell at) is to prevent wasting the bidder's time and my own, whilst we wait for the listing to finish.Takeaway_Addict wrote: »You are wasting that bidders time so you are being a bit hypocritical."The secret of life is honesty and fair dealing.
...If you can fake that, you've got it made."
Groucho Marx0 -
Oh sorry, I thought u decided that it wasn't going to sell for enough.....I'd let it run myselfporto_bello wrote: »Thank you, that's exactly the perfect solution I was looking for. :money:
I did put the starting price at a price I am happy to sell - hence I'm happy to close the listing right now.
:huh: The idea of closing the auction early (at a starting price I am happy to sell at) is to prevent wasting the bidder's time and my own, whilst we wait for the listing to finish.Don't trust a forum for advice. Get proper paid advice. Any advice given should always be checked0 -
No worries - all worked out well.
In case others have the same subsequent question, when you go to close the listing early, you have two options:
1. To close the listing and cancel the bids. OR
2. To close the listing at its current state, selling for the current auction price."The secret of life is honesty and fair dealing.
...If you can fake that, you've got it made."
Groucho Marx0
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