Is a winning bid on eBay legally binding?
In most product categories on eBay, when you place a bid in an auction it’s considered binding – when you win an auction, you’re agreeing to complete the purchase.
For items listed in Property and eBay Motors classified listings, bids are considered non-binding..
Can you cancel a winning bid on eBay?
While an item is still under Bid, both Buyer or Seller can cancel bids to their heart’s content. Once that Virtual Hammer comes down, if your Bid is the best, that item is now yours. And why do we want eBay to “move this forward” by changing the system.
Does eBay punish non paying bidders?
The worst is that ebay dosent even punish non paying bidders. They can just keep on buying and waisting the sellers time as long as they like. eBay gives a non paying bidder 30 lashes with a wet noodle. Although the punishment is severe, it does not seem to be working.
Can eBay force you to pay?
No one can force you to pay. But if the seller opens and “unpaid item dispute” and it closes without payment you will have a strike against your account.
What happens if you don’t pay a winning bid on eBay?
If the buyer does not pay, the seller receives an email that Final Value Fees will be credited back to their account. … It is really important that all sellers file unpaid item cases against buyers who don’t pay. This way, non-paying deadbeats will be removed from eBay systematically.