How to retract bid in ebay

The online platform faces steep competition from Amazon but is still a favorite for antique buyers, resellers and more. If you're new to the e-commerce site, we've got you covered with tips and tricks.

Yes, you can retract bids in a few simple steps. If your financial situation changes, an item isn't what you thought it was, or several other reasons, you may want to cancel a bid on eBay. Here's how to do it, as long as the rules you must follow. Provided there are more than 12 hours before the associated auction ends, you can cancel, or retract, any bid you place on eBay. That said, it's stipulated by eBay you can only retract a bid if:. In practice, it's possible to retract bids even if none of these circumstances apply. With this warning in mind, you can complete the retraction by navigating to eBay's Retract Bid webpage.

How to retract bid in ebay

The site allows users to sell everything from musical instruments to clothes to cars, making it possible to find even the most obscure items with just a few clicks. If you're the highest bidder, these items can be yours. While generally speaking, bids on eBay are binding and you will be required to pay for the item in question if you win it, there are cases in which eBay will allow you to retract a bid you've placed. You can also cancel a bid if you've been unable to reach the seller by phone or an email to the seller was returned as undeliverable. Besides the reasons listed above, you can also cancel a bid on an item if there are 12 hours or more left before the listing ends. However, if the listing is ending in less than 12 hours you can only cancel your most recent bid placed in the last hour. Click on the "Retracting a bid" help page and then click the blue "Retract a bid" button, then "Get started" on the next page. Select the item you want to retract your bid from and click "Continue. From the drop-down menu which appears, select your reason for canceling your bid and click "Continue" again before clicking "Retract bid. It should be noted that you can access the bid retraction page directly by clicking on this link. From there, you'll simply need to enter the item number as well as your reason for the retraction before clicking "retract bid. Close icon Two crossed lines that form an 'X'.

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With million active users worldwide, eBay is one of the most popular online marketplaces for buyers and sellers alike. But whether you're drawn to eBay to bag a bargain or enjoy the thrill of finding a second-hand gem, it's all too easy to put in a bid for an item you later change your mind about. Here's what to do:. The rather complicated answer is: sometimes. However, if you just change your mind, you can't retract your bid.

If you've got bidder's remorse, understanding how to retract a bid on eBay should solve your problem. It's easy to bid on an item that you quickly decide you don't actually want, even if it's one of the best phones or best TVs. The trouble is, winning bids on eBay are binding, so if you win an auction you usually have to go through with the transaction. Thankfully, there's a way of backing out before you get that far by retracting a bid under certain circumstances. These are actually quite restrictive, with eBay only letting you cancel a bid if:. As you can see, simply changing your mind isn't actually a valid reason. The first rule, then, is to think very carefully before you place a bid, reading the description thoroughly and being absolutely sure you want the item at the price you've stated. You should also be aware that if you make a false claim when retracting a bid, a seller could report you to eBay, which may impact your ability to buy and sell in the future, depending on the overall circumstances. You can click on an item listed above the search results.

How to retract bid in ebay

If you made a mistake when typing in your bid, or if the description of the item drastically changed after you placed your bid, then eBay allows you to retract it. Here's when and how you can cancel your bid. That said, you can't always cancel your bid. For example, if there were 15 seconds left in an auction and you suddenly canceled your bid, that would be unfair for the seller although the opposite of that, bid sniping , is allowed. The rules also change a bit when less than 12 hours of an auction remains.

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It indicates a way to close an interaction, or dismiss a notification. Is PayPal safe? Email Twitter icon A stylized bird with an open mouth, tweeting. Redeem now. Shocking sticker prices: What's the most expensive thing in the world? Be polite and courteous and explain the situation. You can then enter the correct amount you wished to bid in the first place — typing very carefully! How to sell something on eBay: A quick step-by-step guide. Even though a seller can't give you a negative rating for retracting a bid for a reason not outlined here, it still runs the risk of the item's seller reporting an invalid bid retraction to eBay. Watch Next. Create profiles for personalised advertising. The online platform faces steep competition from Amazon but is still a favorite for antique buyers, resellers and more. From there, you'll simply need to enter the item number as well as your reason for the retraction before clicking "retract bid.

Chalkwell Auctions. We do offer an in house post and packing service for smaller items, but please be aware that fragile items such as cameras, ceramics, paintings and glassware are not included in this service.

Was this page helpful? Enter the wrong amount? How to avoid scams. That said, it's stipulated by eBay you can only retract a bid if:. Gifts Angle down icon An icon in the shape of an angle pointing down. Select a reason for canceling. If enough reports about you invalidly retracting bids are made, eBay may ultimately suspend your account. How to avoid holiday scams. Only cancel a bid if you are confident you meet the criteria. The online platform faces steep competition from Amazon but is still a favorite for antique buyers, resellers and more. Assuming this condition holds, you can then go about retracting exactly as described in the section above. Simply click on this, then select the product you wish to retract your bid for and give your reason for doing so. You can go to the retraction form , or you can follow the process below. If more than 12 hours remain in an auction, you can retract all your bids, according to eBay.