Q&A for How to Cancel a Bid on eBay

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  • Question
    How do I remove the bid option if I want to sell my item as soon as possible?
    Community Answer
    When you list your item, you can set it as a "Buy It Now" fixed price listing.
  • Question
    If I won the auction and paid for my item, can the seller cancel my purchase?
    Community Answer
    Apparently, they can! I have had that happen. The seller didn't get the price he/she wanted, so he/she cancels the sale and relists it. It shouldn't happen, but it does.
  • Question
    Are there any fines for cancelling a transaction?
    Community Answer
    As a buyer? No. As a seller? No, but it may affect your performance rating, depending on the reason for the cancellation.
  • Question
    How do I cancel a bid after winning?
    Community Answer
    You can't, you bought it and it is a contractual outcome. You can ask the seller to cancel the transaction, but they do not have to and then you will get a non-paying bidder strike as the seller has to do that to get their money back because eBay has already charged them fees. The buyer can ask to cancel a sale if it is less than an hour after it.
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