![]() I'll post more information when eBay makes an official announcement or new details are released. New bid retraction policy from /aUUQ9Ts9GM- Ryan Haack June 1, 2021 We appreciate your support and willingness to work with this new policy as we anticipate our trading cards policy update will make eBay a more trusted and fairer marketplace for all. Check out our Unpaid Item Policy to learn more. Regularly missing payments may impact your account. We also inform buyers on our Bid Retraction Policy page that a bid is a binding contract.Īs previously communicated, as of April 2021, if an item goes unpaid by the 5th calendar day, the seller may cancel the order due to non-payment. Retracting a bid for any other reason is considered an invalid bid retraction. You can only retract a bid if the seller significantly changed the description of the item, or if you accidentally bid the wrong amount. If the seller does not accept your request, your bid can still win or lose the auction and you will be required to make payment on any winning bid you submit. A bid is a binding contract that's active until an auction-style listing ends or you're outbid. The seller, at their sole discretion, will be able to accept or or decline your retraction request. Starting June 30, if you want to retract an auction bid, you will need to contact the seller via messaging on eBay and request a retraction. Retracting bids should appear as an article entitled Retracting a bid. How The New Auction Bid Retraction Policy Will Work You can cancel your bid by searching for retract a bid on eBays customer service page. Sellers' decisions to to accept or reject auction bid retraction requests will be final. Starting June 30th, 2021, buyers will no longer have the ability to retract bids without seller approval. ![]() ![]() We're updating our bid retraction policy for Sports Trading Cards, Non-Sports Trading Cards, and Collectible Card Game auctions. I'm not seeing an official announcement from eBay on this yet, but trading card sellers on Twitter are reporting receiving an email advising of changes to the bid retraction policy effective June 30th. Click the item that you might want to retract a bid on and afterward select a fitting reason for why you are retracting the bid. Liz Morton ~ Founder Published: Updated: Sep 2 2021 If you've made a mistake when bidding on an item, you can retract your bid in certain circumstances.
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