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You should not retract a bid at all without good reason because bids that you place are binding.
The permissible reasons for retraction are:
that you are unable to contact the seller,
that the seller has materially changed the listing after you bid
or
that you made a mistake with your bid, in which case you should enter the correct amount immediately after the retraction
If you retract without good reason, the seller can report you for invalid bid retraction. Too many retractions can limit your activity on eBay so it is important not to bid until you are sure that you want the item.
Wiki User
∙ 13y ago
Wiki User
∙ 15y agoBids that you place on eBay listings are "binding", which means that when you bid on and win an item, you are then obliged to pay for it. So you should never place a bid unless you are willing to complete the deal, should you win.
There are a few circumstances in which you can "retract" your bid as follows:
You cannot contact the seller
The seller changes the item description after you have placed your bid
You enter the wrong bid amount (if you retract your bid for this reason, you should bid again entering the correct amount).
You can find more information on retracting bids by going to eBay, selecting the Help tab and typing "retract bid" into the help search box.
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How do you retract an eBay bid?
Just bid on a item. You can pay for it if you won it.
How do you remove a bid on eBay?
Click the link to see how, under some circumstances, you can retract a bid on Ebay.
What time zone to bid with eBay?
eBay times are always shown in Pacific Time.
How can you cancle your bid on eBay?
Once you commit to a bid, you have entered a binding contract and must pay the seller for the item if you win it, so it is very important that you only ever bid the absolute maximum amount that you are willing to pay.There are very few exceptions to this contract,and you cannot normally cancel (or retract) your bid unless you can meet any one of the specific requirements, as follows:i)if you mistyped your bid, e.g., you mistakenly typed 59.50 instead of 5.95ii)if the description of the item has substantially changed since you placed your bid, i.e., the seller has released further details with regards to conditionoriii) if you cannot reach the seller by email or telephoneThere are also time limits involved. You can only retract your bid if you placed it and are retracting it before the last 12 hours of the auction. If you place a bid within the last 12 hours of the auction, you may only retract the bid within one hour of placing it.If you meet one or more of these criteria, you may fill out the form to request a bid retraction by clicking on "retract bid" link at the bid history page.If you do not meet the conditions to retract a bid, your recourse is to contact the seller. Explain the situation to them and ask them to cancel your bid. They are under no obligation to do so.
Where can you bid on a DSI?
Ebay
Can you take back bids on eBay?
Yes, providing the bid has more than 12 hours left. What you do is: 1) Go to help which is in th top right hand corner 2) Scroll down to 'top questions' and click on the one that says 'can I retract or cancel my bid' 3) Click on 'bid retraction form' 4) Follow the instructions
What luxury watches are up for bid on eBay?
There are many types of luxury watches up for bid on eBay. Some of the watch brands available are Rolex, Breitling, Omrga, Panerai, and Girard-Perregaux.
You choose the wrong auction and you need to delete in on Howrse?
If you bid on the wrong horse, you will just have to hope that somebody bids over you. You cannot retract a bid.
Where do you review your bid on eBay?
In My Ebay under the Bidding section
Where can you bid on an item for sale?
Ebay
Can you decline a bid on eBay if you win?
No
Do you have to login to bid on eBay?
yes
