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Q&A for How to Cancel a Bid on eBay
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QuestionHow do I remove the bid option if I want to sell my item as soon as possible?Community AnswerWhen you list your item, you can set it as a "Buy It Now" fixed price listing.
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QuestionIf I won the auction and paid for my item, can the seller cancel my purchase?Community AnswerApparently, 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.
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QuestionAre there any fines for cancelling a transaction?Community AnswerAs a buyer? No. As a seller? No, but it may affect your performance rating, depending on the reason for the cancellation.
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QuestionHow do I cancel a bid after winning?Community AnswerYou 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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