On eBay before the item is paid for you can cancel the transaction. If the buyer asks you can initiate the cancel transaction. After they accept the deal is null and you can offer it to whoever you would like.
Quote:
Originally Posted by ALR-bishop
What should a seller do if the winner of an auction adviises he is backing out of the sale, for whatever reason, and the seller then offers the under bidder a second chance at their highest bid, and the underbidder accepts, but then the original winning bidder has a change or heart and pays for the item ?
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