View Single Post
  #50  
Old 10-17-2007, 08:12 AM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default eBay requests to end auction early

Posted By: barrysloate

I can't account for why a seller who knows absolutely nothing about the item he is selling would be willing to accept any offers at all. If he waits three or four more days the market will dictate the value of it, something he doesn't have the skill to do. But there must be some psychology at work. Perhaps the seller is nervous about ebay and doesn't have much experience selling anything. I just don't know.

I have never made an offer for anything on ebay nor ever closed an auction early. Of course, that doesn't mean I am right. But I have received many offers to end an auction early, and typically when it closes the piece sells for around double that offer. So I strongly suspect any offer made by a buyer is to line his pockets, not the seller's.

And this has nothing to do with the fact that ebay allows these sales. I am simply looking at this in terms of dealing in good faith, nothing more.

Reply With Quote