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

Accidental/phantom auction bids

Nowadays you can buy all sorts on auction sites and with modern technology it is so easy to swipe your mouse across a screen or tap your mobile to stop it fading and find yourself buying something you don't want. There's no confirmation of your bid and auction houses will hold you to that phantom/accidental bid and pursue you for payment aggressively.  I sell on a certain site and have had buyers who change their minds and under distance selling regulations etc I have to let them off or they have 14 days to return the item anyway. Yet to auction houses, none of this applies and it's wrong....
«1

Comments

  • Aylesbury_Duck
    Aylesbury_Duck Posts: 16,389 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Don't use them then?
  • mattyprice4004
    mattyprice4004 Posts: 7,492 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Auction houses aren’t eBay, with a real auction house you nod, you buy.

    If you don’t like it, use them on a PC only. 
  • Nowadays you can buy all sorts on auction sites and with modern technology it is so easy to swipe your mouse across a screen or tap your mobile to stop it fading and find yourself buying something you don't want. There's no confirmation of your bid and auction houses will hold you to that phantom/accidental bid and pursue you for payment aggressively.  I sell on a certain site and have had buyers who change their minds and under distance selling regulations etc I have to let them off or they have 14 days to return the item anyway. Yet to auction houses, none of this applies and it's wrong....
    Are you saying that you can register your details, payment card etc just by "swiping your mouse across a screen"? Wow, technology has really moved on.

  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Post should be in praise vents and warnings as no consumer rights question asked .
  • soolin
    soolin Posts: 74,955 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I buy a lot especially now during lockdown and use sites like the saleroom.com and easylive auction. Before I could buy anything I had to register myself and supply card details and before each individual auction I have to sign in and re confirm my card. I assume this is the sort of auction you mean?

    Once registered a simple click on the very small box (and it is Very small) that says bid now which is below the current price and that bid is binding. Since that bid box is probably less than 1% of the entire screen I cannot see how it is possible to accidentally bid. Swiping does not work on any of the sites I use only a clear bid and should my screen go off during the auction then I click on a corner which I know is far way from the bid box, that really doesn’t seem a particularly clever hack on my part. 
    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.
  • pinkshoes
    pinkshoes Posts: 20,671 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Are you trying to say that you have accidentally swiped on your phone and bought something in an auction house and now they won’t refund you?
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
  • eddddy
    eddddy Posts: 18,492 Forumite
    Part of the Furniture 10,000 Posts Name Dropper

    Well here's an example...

    A bungling online-auction bidder bought a disused fairground carousel for £180,000 with a pledge that he says was made in error.
    The man claimed he clicked the button to make a bid unintentionally when he went to close his browser.
    ....
    The carousel has legally been sold but discussions are ongoing to decide whether to hold the buyer to his purchase.
    ....
    With fees and VAT the amount owed is in the region of £245,000

    Link: https://www.bbc.co.uk/news/uk-england-humber-43318976


    The auction house said the bid was legally binding, but eventually agreed not to hold the buyer to it.


    Although obviously, they may have said that because they thought they might lose in court, and didn't want a court ruling that online bids aren't binding - as it would impact their future sales. Who knows?


  • MobileSaver
    MobileSaver Posts: 4,377 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    eddddy said:
     they may have said that because they thought they might lose in court, and didn't want a court ruling that online bids aren't binding - as it would impact their future sales. Who knows?
    Indeed, who knows. The auction house may have simply concluded that, even if they won the court case, the bidder wouldn't be able to afford £245,000 and so a pyrrhic victory; or simply that the negative PR during a court case lasting many months or even years outweighed whatever commission they had lost out on.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    eddddy said:
     they may have said that because they thought they might lose in court, and didn't want a court ruling that online bids aren't binding - as it would impact their future sales. Who knows?
    Indeed, who knows. The auction house may have simply concluded that, even if they won the court case, the bidder wouldn't be able to afford £245,000 and so a pyrrhic victory; or simply that the negative PR during a court case lasting many months or even years outweighed whatever commission they had lost out on.
    Probably just cheaper/faster for them to resell the lot, rather than hang onto it for months during a legal action. 
  • Firstly I have been buying through the saleroom and easylive for many years. It is a relatively safe experience for leaving bids etc but it is possible to click in the heat of the moment on live auctions either by sweeping across the screen or by clicking to stop screen fading on mobiles. Many places depend on speed at 100 lots an hour.  There is confirmation for auto bids/ bids left prior to start but not live bids. Sarky comments demean the person posting!! I also have been selling online for close to 20 years thanks
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
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.