shute Posted October 8, 2008 Share Posted October 8, 2008 Got something up an Ebay with a ''buy it now'' tag question - if someone places abid on the said item and its not the B-I-N price - do I have to sell it for the bid price ????????? Link to comment Social source share More sharing options...
Reforee Posted October 8, 2008 Share Posted October 8, 2008 Shute No mate usually when a bid is placed the Buy it now comes off and its a straight auction, but there may be variants but usually the seller dictates this when listing it Dave Halsall Link to comment Social source share More sharing options...
Guest Posted October 8, 2008 Share Posted October 8, 2008 Got something up an Ebay with a ''buy it now'' tag question - if someone places abid on the said item and its not the B-I-N price - do I have to sell it for the bid price ????????? Does it have both an auction & buy-it-now? If it does yes you will have to sell it at the finishing auction price even if it's less than the buy-it-now price. Derek Link to comment Social source share More sharing options...
shute Posted October 8, 2008 Author Share Posted October 8, 2008 so I don't have to let it go at the bid price ? do I contact the bidder and state that the b-i-n price had not been reached so no sale ? Link to comment Social source share More sharing options...
shute Posted October 8, 2008 Author Share Posted October 8, 2008 Does it have both an auction & buy-it-now? If it does yes you will have to sell it at the finishing auction price even if it's less than the buy-it-now price. Derek There was a starting price and a buy it now price Link to comment Social source share More sharing options...
shute Posted October 8, 2008 Author Share Posted October 8, 2008 surely the buy it now tag acts as a reserved price tag without adding a reserve price ????? Link to comment Social source share More sharing options...
Guest Posted October 8, 2008 Share Posted October 8, 2008 There was a starting price and a buy it now price When there has been a bid it's a straight auction and you are obliged to sell at the final auction price. Derek Link to comment Social source share More sharing options...
Jimmy A Posted October 8, 2008 Share Posted October 8, 2008 If you aint got a reserve on it it will go to the highest bidder,if the BIN is still on then someone could use that to buy it.Usually people wait and see if they can get it cheaper than the BIN Link to comment Social source share More sharing options...
Reforee Posted October 8, 2008 Share Posted October 8, 2008 The buy it now tag does not act as a reserve price, you have to put this on yourself Dave H (TMIB) Link to comment Social source share More sharing options...
Guest Posted October 8, 2008 Share Posted October 8, 2008 surely the buy it now tag acts as a reserved price tag without adding a reserve price ????? Afraid not mate. Derek Link to comment Social source share More sharing options...
Jimmy A Posted October 8, 2008 Share Posted October 8, 2008 surely the buy it now tag acts as a reserved price tag without adding a reserve price ????? Dont think it does Link to comment Social source share More sharing options...
shute Posted October 8, 2008 Author Share Posted October 8, 2008 When there has been a bid it's a straight auction and you are obliged to sell at the final auction price. Derek I understand that part, what I'm trying to find out is - if the buy it now price is not met, do I still have to sell Link to comment Social source share More sharing options...
Reforee Posted October 8, 2008 Share Posted October 8, 2008 (edited) Shute What are you selling mate?, Let us know Dave H (TMIB) Edited October 8, 2008 by reforee Link to comment Social source share More sharing options...
Guest john s Posted October 8, 2008 Share Posted October 8, 2008 I understand that part, what I'm trying to find out is - if the buy it now price is not met, do I still have to sell Yes you do - that's why some people set reserves. Link to comment Social source share More sharing options...
Dave Moore Posted October 8, 2008 Share Posted October 8, 2008 When there has been a bid it's a straight auction and you are obliged to sell at the final auction price. Derek Derek's correct. As a BIN all you are offering is a buyer the opportunity to buy it without going through the auction process prior to anyone else bidding. Once a bid is placed the auction goes live so to speak and the 'buy it now' facility is defunct. At least that's how I've always understood the process. Link to comment Social source share More sharing options...
shute Posted October 8, 2008 Author Share Posted October 8, 2008 Thanks for all the advise guys, so in a nutshell a £150.00 45 would be sold at £9.99 if no more bids on it bugger, yoou lean something new everyday Link to comment Social source share More sharing options...
Dave Moore Posted October 8, 2008 Share Posted October 8, 2008 I understand that part, what I'm trying to find out is - if the buy it now price is not met, do I still have to sell I'm pretty sure you do yes. Link to comment Social source share More sharing options...
vaultofsouler Posted October 8, 2008 Share Posted October 8, 2008 I understand that part, what I'm trying to find out is - if the buy it now price is not met, do I still have to sell Yes.... as has been ansewered by others before.... should have had a reserve in place as well if opting for BIN and straight auction (when a bid is entered instead of the BIN) when listing.... Of course you can "pull it" and have the dreaded "no longer for sale" added to the listing .... Link to comment Social source share More sharing options...
Dave Moore Posted October 8, 2008 Share Posted October 8, 2008 Thanks for all the advise guys, so in a nutshell a £150.00 45 would be sold at £9.99 if no more bids on it bugger, yoou lean something new everyday Shute, If you dropped a bollock, simply pull it and explain to the bidder you made a mistake. Everyone drops a clanger now and then. Long as your honest about it I'd be happy to withdraw a bid I had on. Link to comment Social source share More sharing options...
shute Posted October 8, 2008 Author Share Posted October 8, 2008 for those who want to know what the 45 is.. https://cgi.ebay.co.uk/ws/eBayISAPI.dll?Vie...em=230298045141 never really liked it anyway.. barhumbug Link to comment Social source share More sharing options...
Guest Posted October 8, 2008 Share Posted October 8, 2008 Thanks for all the advise guys, so in a nutshell a £150.00 45 would be sold at £9.99 if no more bids on it bugger, yoou lean something new everyday I got caught out with it once a while ago too. Now i only use buy-it-now with the best offer option which works out fairly well. Just a thought you can cancel the persons bid then withdraw it from sale . You'll have to give a reason for cancelling the persons bid (they give options for that) Derek Link to comment Social source share More sharing options...
Reforee Posted October 8, 2008 Share Posted October 8, 2008 (edited) Top tune well worth £150 are you gonna pull it or let it run?? I have a copy but hey at that price I might put in a bid??????? TMIB Edited October 8, 2008 by reforee Link to comment Social source share More sharing options...
Guest Posted October 8, 2008 Share Posted October 8, 2008 for those who want to know what the 45 is.. https://cgi.ebay.co.uk/ws/eBayISAPI.dll?Vie...em=230298045141 never really liked it anyway.. barhumbug Shute, Click on site map there is a bit on cancelling bids on my listing and off you go Derek Link to comment Social source share More sharing options...
shute Posted October 8, 2008 Author Share Posted October 8, 2008 Item now cancelled with Ebay and bidder informed nearly had another heart attack then lads, thanks for all the advise again must remember to add a reserve next time anyone want it for £150.00 free post worldwide Link to comment Social source share More sharing options...
Reforee Posted October 8, 2008 Share Posted October 8, 2008 Shute Just had a really nasty thought. What a great way of getting people to bid on your record,.......Go on Soul Source and make out you made a big howler in listing it, then all and sundry go on the auction to try and get a bargain.......15 seconds to go and it goes from £9.99 to £150 plus.. Bloody clever that Shute mate Your a sodding genius. Dave H. (TMIB) Link to comment Social source share More sharing options...
Mick Holdsworth Posted October 8, 2008 Share Posted October 8, 2008 I got caught out with it once a while ago too. Now i only use buy-it-now with the best offer option which works out fairly well. Just a thought you can cancel the persons bid then withdraw it from sale . You'll have to give a reason for cancelling the persons bid (they give options for that) Derek Also if your gonna pull it from auction, do so PDQ. I think there is a time limit on closing an auction (12 hours or more?) or is that just modifying an auction ? - may pay to check with only 17 hours to go. Link to comment Social source share More sharing options...
Sebastian Posted October 8, 2008 Share Posted October 8, 2008 (edited) - Edited October 8, 2008 by Sebastian Link to comment Social source share More sharing options...
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