posted on July 19, 2006 08:59:11 AM new
"Timing Matters
When there are 12 hours or less remaining and the item has a winning bid, including a reserve met bid, sellers cannot make any changes to the listing, including:
* Ending the item early. SELLERS MAY CANCEL BIDS, but not end the item unless the item is being sold to the high bidder.
* Adding to or changing the item description.
* Converting the item to pre-approved bidders.
Note: Canceling bids or making changes to a listing with bids when there are 12 hours or less remaining, can damage the buyer experience and can undermine trust in the marketplace."
posted on July 19, 2006 09:03:38 AM new
Found the bidder retraction info:
A bidder can retract in the last 12 hours, but only if they have placed their bid within the last 12 hours and only if they retract within one hour of placing said bid.
"Timing Matters
There are special rules about retracting bids, depending on when you originally placed the bid.
If you place a bid before the last 12-hours of the listing: You may retract that bid before that last 12-hours, if your situation meets the above description of exceptional circumstances. You will not be allowed to retract that bid during the last 12-hours of the listing.
When you retract a bid before the last 12 hours of a listing: you will eliminate all bids you have placed on that item. If you are correcting a bidding error, you will have to bid again.
If you place a bid during the last 12-hours of the listing: You may retract the bid only within one hour after placing the bid (and if your situation meets eBay's exceptional circumstances description).
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.
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."
