Retract Bid on eBay – eBay Retract Bid
As a seller, there are circumstances where you can retract bids that have been put on your auction-style listing.
Ever wished you could turn your hands back on time to reverse something that looked like a brilliant idea?. For you, we’re right there. You can cancel an offer if you have not been able to reach the seller by phone or in an email to the seller that has been returned as inaccessible.
In addition to the reasons set out above, you can even retract a bid on an item if 12 hours or more remain prior to the end of the listing. However, if the listing expires in less than 12 hours, you can only cancel your most latest bid over the last hour.
If your bid follows these criteria, here’s how to cancel it.
Am I allowed to Retract Bid On eBay?
A bid is a binding deal that is valid until the auction-style listing ends or you are outbid.
Yeah, occasionally. In certain situations, eBay will let you cancel your bid – usually if the seller is behaving suspiciously or dishonestly. eBay notes that the bidder can withdraw the offer they have made if any of the following applies…
- A buyer requests you to withdraw your bid, and you accept.
- You need to avoid listing early because the item is no longer available for sale.
- In the listing, you made a mistake.
- You’re afraid that the offer could come from a dishonest bidder.
- The item description has changed dramatically after you placed your bid. For example, the seller has updated details about the functionality or state of the object.
- You bid the wrong amount! For example, if you enter an extra zero, accidentally bidding £400 instead of £40 you will take your bid back. Then, in the first place, you may insert the right amount you wished to bid – type very carefully!
- The salesperson is a no-show. If you do not think that you should send a text, call or contact the seller, you are entitled to withdraw your bid.
If you just change your mind about a thing that you’ve bid for, you won’t be able to retract your bid. This is what eBay terms an ‘invalid bid retraction.’ If you make an invalid bid retraction, the seller has the right to alert eBay, which will then take more steps, such as terminating your account, if appropriate. Therefore, cancel a bid only if you are sure that you meet the requirements.
And if you’re disappointed with the service you’ve got from a retailer (for example, if anything you’ve purchased doesn’t come in or if it’s broken, damaged or not as described) you can report it to eBay.
If someone makes an auction-style listing and immediately retract the bid, they may achieve an unfair advantage – either by finding a reserve price, or where another bidder’s maximum bid stands.
How To Retract Bid On eBay
- Log in to your account.
- In the menu bar at the top of the page, click “Help & contact” and, in the search box that appears on the next screen, select “retract bid.”
- Click on the “Retracting a Bid” support tab, then click the blue “Retract a bid” icon, and then click the “Get started” button on the next page.
- Pick the thing from which you wish to retract a bid on eBay and press “Continue.”
- From the drop-down menu that appears, pick the justification for canceling your bid and click “Continue” again before finally clicking “Retract bid.”
Please note that you can reach the bid retraction page directly by clicking on this address. From there, you merely need to enter the item number as well as the justification for a retraction before clicking on “retract a bid.”