posted on July 31, 2001 04:52:17 AM
I have a widget with one bid. I started it low, forgot the reserve!! Not my widget, I listed for a friend. She will croak if it goes for the one bid. Should I cancel the bid and end the auction? or let it go? It is ending today.
posted on July 31, 2001 05:33:57 AM
I let it run longer than I should have, hoping the bids would go high enough, based on the other like widgets, based on history. I am a dork. I will let it go. If I were the bidder, I would be po'd if the seller cancelled the bid. It is about $20.00 lower than she wanted, and what they are worth. Maybe last minute bidders will get it higher.....I hope!
posted on July 31, 2001 06:29:37 AM
I would let the auction go to the end.
You just might be surprised and it will reach the price you need, or if
it doesn't, then you would need to make up the difference to you friend, and in the future I would be more careful.
But it wouldn't be good to end the auction since you let it run so long. The time to fix it was at the very beginning.
You are not alone in making this type of mistake, most of us at one time or another have done the same thing, and we had to eat our mistake it's the
only fair thing to do, since the buyer has no involvement with your problem.
posted on July 31, 2001 08:44:08 AM
You never know what will happen in the end. I was selling a designer widget and it held at the first bid until the last day. I was very disappointed. The next morning when I checked my auctions, the price had more than doubled. This was all in the last 12 hours of the auction.
I had another widget jump in price in the last hour. Oh, what a good bidding war can do for the soul!
posted on July 31, 2001 11:20:16 AM
I let it run....someone is getting one heck of a deal, and I learned a lesson! Guess I will pony up with the other $20.00! (Maybe she will consider it a sellers fee? lol) Friendship is worth more then $20.00 in my book, even if she is a major pain in my arse once in a while
