How have encountered the following situation? You like an item currently auctioned on ebay. The price was perfect and the seller has a 100 percent feedback score. You place your bid and wait patiently for the auction to end when suddenly with less than 1 minute left, someone place a slighter higher bid than you and won the auction. How frustrating!
What is ebay bid sniping?
If you are like me, after a few such incidents, you started to wonder if it is just bad luck or something else sinister.
Well, I thought you should know there is something going on ebay known as bid sniping. Bid sniping is when someone uses automated software or services to watch auctions and bid a slighter higher price at the very last moment before an auction ends.
Bid Sniping is actually against ebay rules but in my opinion it doesn't slow the bid snipers down. Ebay doesn't strictly enforce this rule or that it is difficult to enforce bid sniping. Be aware though you can get banned from ebay if they caught you.
So how do we beat ebay bid snipers?
There are two ways, both controversial. You may not agree with it but that's ok. You are entitled to your own opinions.
Bid Snipping Services
I have only used this only a couple of times. You can find many websites offering bid snipping services. They are usually inexpensive and is worth it if you don't have the time to sit in front of the computer watching the auction end. Now here's the twist.
Don't use your regular ebay account. Open another ebay account. This way, even if you get caught, ebay will only ban your new account. However, do note I have heard from people on some forums that ebay will ban all accounts under you. I am not sure if this is true since so far it has not happen to me
Contact the Seller
The second way to beat ebay bid snipers is to contact the seller directly and arrange to do the transaction outside of ebay.
Ebay does not encourage it and before you attempt to do this, you should consider a couple of points. Firstly, I only do this with sellers with good feedback (99 percent and higher) and have more than 500 feedback. Secondly, use good old common sense, don't use this method for expensive items. For me, it's too risky. I only use this method for item less than $100.
Remember the above two methods have worked for me but maybe it will not work for you or you do not agree with it. I leave it up to you to decide but I sure beat those pesky ebay bid snipers.
How To Win Ebay Bid
You made a typographical error: This means that you accidentally typed the wrong amount into the bid box, bidding a far higher price than you meant to. This can be scary: imagine bidding $100 and accidentally adding an extra ‘0’! You are entirely allowed to withdraw your bid in this situation, and bid again if you want to.
The item’s description changed: If you bid on something and then the seller updates the description, you have the right to withdraw your bid. It wouldn’t be fair, after all, to force you to take something that you now realise you don’t want.
The seller is uncontactable: If emails to the seller bounce and they don’t answer their phone, then the auction obviously can’t continue, and you can cancel it.
So How Do I Retract My Bid?
eBay hide away the bid retraction form a bit, because they don’t like people using it. You can find it by going here: .
Now all you need is the item number from your auction: this can be found on the item description page’s top right corner. If you can’t see it on the page, look in your browser’s title bar, and in any emails eBay have sent you about your bid on the item. Choose one of the three allowed reasons, click ‘retract bid’, and you’re done.
Are There Any Consequences?
Well yes, there are. The more unethical among you might have considered that you could just cancel bids anytime you feel like it by saying that you accidentally entered the wrong amount. eBay are one step ahead of you. Each time you retract a bid, it is counted on your feedback page for all to see – and anyone with a lot of retracted bids looks more than a little dodgy. eBay also say that abusing the bid retraction feature could get you banned.
So is there a way to retract your bid without facing a penalty? There is if your seller is nice, and most are. Sellers can cancel bids on their auctions at any time, and if you email them with a half-decent excuse then most will be more than happy to do this for you. After all, it’s not in their interest for their item to go to someone who won’t like it, as you might leave negative feedback.
Of course, retracting your bid should still be a rare thing: you won’t win auctions that way! If you’ve followed us this far, the chances are you’ve won an auction by now, or you’re close – but you might be a little puzzled about what to do next. Our next email will give you a few pointers.
Both Kb Lim & Kirsten Hawkins are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Kb Lim has sinced written about articles on various topics from Mortgage, How to Sell on Ebay and College Student Loan. Dan Lim is an avid ebay fanatic who has been quietly earning a comfortable living online. Visit his site for more . Kb Lim's top article generates over 9900 views. to your Favourites.
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