What happens if you retract a bid?
eBay has this to say about retractions. If you
have enough, you could be suspended..however, most people that bid on "wierd" auctions, use a fake ID...or eBay seems to take it as the joke it's meant to be.
Bid Retractions
Before bidding on an item on eBay, be sure to read the item description and check the seller's feedback. If you have any questions about the listing, email the seller directly, before you bid. Remember: Every bid on eBay is binding (unless the item is listed in a category under the Non-Binding Bid Policy or the transaction is prohibited by law or by eBay's User Agreement).
Under exceptional circumstances, eBay allows you to retract a bid.
It's OK to retract a bid if...
You accidentally entered a wrong bid amount. For instance, you bid $99.50 instead of $9.95.
(If this occurs, re-enter the correct bid amount immediately).
The description of an item you have bid on has changed significantly.
You cannot reach the seller. This means that you have tried calling the seller and his or her phone number doesn't work, or you have tried emailing a message to the seller and it comes back undeliverable.
It's not OK to retract a bid if...
You change your mind about the item.
You decide you can't afford it.
You bid higher than you promised yourself you would.
When you retract a bid before the last 12 hours of a listing, you will eliminate all bids you have placed in that item. If you are correcting a bidding error, you will have to bid again. When you retract a bid within the last 12 hours of the listing, you will eliminate only the most recent bid you placed. Bids you placed prior to the last 12 hours will not be retracted. To retract a bid, use the Bid Retraction form.
Your total number of bid retractions in the past 6 months is displayed in your Feedback Profile. To learn more about the Feedback Forum, click here.
We thoroughly investigate bid retractions, and abuse of this feature may result in the suspension of your eBay account. Bids retracted within the last 24 hours of a listing may be viewed as Bid Shielding, which is a serious violation of our policy.
Special Retraction Rules
If you place a bid before the last 12 hours of the listing: You may retract that bid, but only for exceptional circumstances.
You will not be allowed to retract that bid during the last 12 hours of the listing.
If you place a bid during the last 12 hours of the listing: You will be allowed to retract the bid for exceptional circumstances, but only if you do so within one hour after placing the bid.
If you are not allowed to retract your bid during the last 12 hours of the listing, you may contact the seller to request that your bid be canceled. The seller will have the discretion whether to cancel your bid.
Note: You may retract a bid anytime if the seller significantly changes the item's description after you bid.
. [/B]
)
)
