paloma91
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posted on December 6, 2000 11:30:44 AM new
Hi everyone! I wanted to start off by saying that finding this site and this forum is the best thing I could have ever done. I have found your help priceless. I have been hit by some doosies lately. Now on to my lastest problem. The winning bidder defaulted on auction 1 day after it closed on Yahoo. Now the runner up wants the item but for the bidders orginal bid price which is about $20 less than the bidder's first bid. This person requests all bids from the defaulted bidder thrown out and wants to buy at his original bid price! any thoughts?????? I REALLY need some feedback on this one. I am stumped Thanks again
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yankeejoe
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posted on December 6, 2000 11:53:03 AM new
If you're not happy with that bid, just relist the auction and invite the runner up to bid again.
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chasd7
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posted on December 6, 2000 12:23:52 PM new
The runner up isn't bound by his bid.
Neither are you. Relist and tell him--no don't tell him that, be nice.
charlie
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yankeejoe
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posted on December 6, 2000 01:08:22 PM new
In the future, don't cancel the deadbeat if you're not sure how the runner up is going to react. Don't make the runner-up the "official" winner.
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paloma91
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posted on December 6, 2000 01:17:48 PM new
How can you tell if the runnerup is going to do anything unless you make him the official winner? I guess I am missing something?
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chasd7
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posted on December 6, 2000 01:28:45 PM new
Seems to me that if the bidder must accept
the deal then it follows that you must also
accept it.
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CharlieOne
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posted on December 6, 2000 01:36:51 PM new
If the runner up's bid exceeded your reserve, if you had one. Or exceeded your opening bid, with no reserve. According to Yahoo! guidelines the runner up is entitled to buy the item, IF they choose to do so. That decision is their's as they will receive a notice automattically from Yahoo! giving them that option. Here are Yahoo!'s stated guidelines on this situation:
"When you remove your auction winner from the Winners List, a notification email is sent to the highest bidder on your Reserve Bidders List, giving them the choice of accepting or turning down the winning position on the auction. If they choose to accept the winning position, you will then be allowed to leave feedback about them."
Which also means if you do not sell it to the runner up they can rate you. You have to treat them as if they were the original winner.
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paloma91
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posted on December 6, 2000 01:45:41 PM new
The question is though is at the LAST bid price or the price that they started out bidding at?
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chasd7
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posted on December 6, 2000 01:59:59 PM new
The back up bidders first bid is what counts.
sux sq.
Too late now but the best thing is not to cancel the deadbeat, just relist.
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paloma91
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posted on December 6, 2000 02:24:01 PM new
so in effect what I do is delete all of the original bidders bids and give it to the runner up at his first bid price before the bidding war started. Is that correct?
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CharlieOne
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posted on December 6, 2000 03:22:22 PM new
Once you delete the original winner. The Yahoo! program will give it to the reserve second highest bidder, at their last bid 'prior' to the original bidder coming into the picture. You don't have to do anything but remove the original winner, the rest will happen automattically.
Allow the second place winner time to respond to the Yahoo! option notice, as you would any winner to accept your EOA, (End Of Auction notice). If they accept taking the 'win', you will also be notified by Yahoo! by e-mail that they accepted the opportunity to purchase.
In absense of that notice to you from Yahoo!, they will have shown to decline the offer. Yahoo! recommends you allow them at least three days to respond, as per usual auction.
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paloma91
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posted on December 6, 2000 10:37:59 PM new
Thanks so much everyone for your valuable info. I have learned. Next time I do not cancel the winning bidder and just relist.
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jwpc
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posted on December 7, 2000 06:42:25 AM new
paloma91
ALSO, blacklist the dead beat bidder - in fact, since I'd rather have a few less bids than have a "pain in the derrière" as a winner, I'd blacklist the back up bidder as, they don't sound like a buyer I'd want to be bothered with.
Often after I complete a sale, if the buyer has been a real pain, I black list them from future auctions - pain in the derrière buyers to me, normally take more time than the sale is worth, regardless of the sale.
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yankeejoe
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posted on December 7, 2000 06:44:17 AM new
While I disagree with blacklisting the runner-up, I fully agree with blacklisting the deadbeat. And don't forget to neg 'em!
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yankeejoe
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posted on December 7, 2000 07:05:20 AM new
The runner-up in this case is not wrong in requesting that you sell at his first bid price...they're just trying to get a good deal.
Really, if you take out the high bidder, that runner-up's first bid *would* have been the winner, not his high bid. That is, if there were just two bidders. If it's a reserve auction, then it's a different story.
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CharlieOne
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posted on December 7, 2000 09:21:20 AM new
When the original winner is removed, the runner up has no say in what price he/she will get the item at. It is all determined by Yahoo!s computer program. He/she can 'not' buy the item any lower than your starting bid, or reserve price, if one was set. It's as if the removed "winner" never existed. Look at it that way.
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chasd7
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posted on December 7, 2000 10:54:52 AM new
YES!!! It is very unfair to the seller.
If the backup can refuse then the seller should also be allowed to refuse.\
There is a name for for covering a low bid with a much higher bid and then backing out
of the high bid. Now let me see, what is it
?????
This happened to me once. never again.
In future I plan to cancel the second bidder
and take my lumps.
Circular inclined plane em all.
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chasd7
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posted on December 7, 2000 11:39:48 AM new
Oh!! I forgot, if you have a second bidder on yahoo, check under the bed.
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chasd7
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posted on December 7, 2000 11:47:19 AM new
I also didn't mention, I'm a dhort tempered
dirty old man.
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CharlieOne
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posted on December 7, 2000 12:48:37 PM new
It's called 'shill' bidding. If you suspect this, it's a good idea to research both of the bidders very carefully for ties to each other. Padded feedback; same location or near each other (auctions & feedback); feedback typing (typos, use of caps, or numbers of !!!); similarities of comments; (phrased in the same manner), can also be a clue. It pays to be very thorough when suspecting shill bidding. usually they will make a mistake somewhere, but not always. Some are very experienced thieves.
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yankeejoe
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posted on December 7, 2000 01:31:43 PM new
When the seller drives up the price, it's shilling. When a buyer bids under two ID's to drive away other bidders, then retracts the high bid, it's shielding.
I grant that it sucks to have the high bidder back out, but look at it from the buyer's perspective. If I were the only bidder on that auction, I would have gotten it at the starting bid.
Just builds a good case for relisting the whole auction rather than cancelling the high bidder.
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paloma91
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posted on December 7, 2000 02:04:43 PM new
Oh my GOODNESS, I didnt realize! I guess I had better check it out!
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CharlieOne
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posted on December 7, 2000 02:57:48 PM new
yankeejoe
You're absolutely right, I got the two mixed up. It's a shame we have to be aware of all of illegal tactics used, to do sales on the auction sites.
Sorry paloma91 for the error.
P.S. Cancelling the winning bidder also affects your sell through rate. Better to leave him/her stand. Another reason not to remove the winner.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
[ edited by CharlieOne on Dec 7, 2000 03:01 PM ]
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yankeejoe
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posted on December 7, 2000 03:12:09 PM new
Amen to that, CharlieOne.
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CharlieOne
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posted on December 7, 2000 03:22:45 PM new
chasd7
Good one Charles, (feels like I'm talking to myself  ). Multiple bidders are few and far between lately.
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