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Unrevealed Source wrote: I believe the play here is that the shills bid it up, then the seller contacts the next-highest bidder and offers to sell it off eBay (since the high bidder "backed out"), for that seller's high bid. That way, there is no PayPal buyer protection or negative feedback that can be left. And one other possibility is that seller is enforcing a reserve without having to pay Ebay fees. Seen that many times. |
Lucky wrote:
"Unrevealed Source" wrote in message ... I believe the play here is that the shills bid it up, then the seller contacts the next-highest bidder and offers to sell it off eBay (since the high bidder "backed out"), for that seller's high bid. That way, there is no PayPal buyer protection or negative feedback that can be left. I don't believe that the above is true... The name of the "next-highest bidder" came from eBay and eBay calls this type of transaction a "second chance" offer, with all the rights, privileges and protection that that the highest bidder has. Also, the price in this case is what the *second* highest bidder offered, not the first highest. However, if someone does offer you something "off eBay", watch out! 73, Carter |
John S. wrote:
I believe the second bidders bid becomes recognized by Ebay only if the seller cancels the high bid. Partially correct--but there's more than just "canceling": could be he is a deadbeat bidder who won't/can't pay, is an actual shill who had no intention of paying, says he bid wrong item (or wrong amount), dies before he can send the payment, buyer's regret...there are no end of real (or bogus) reasons that would allow the second highest bidder to kick in... |
Carter-K8VT wrote: John S. wrote: I believe the second bidders bid becomes recognized by Ebay only if the seller cancels the high bid. Partially correct--but there's more than just "canceling": could be he is a deadbeat bidder who won't/can't pay, is an actual shill who had no intention of paying, says he bid wrong item (or wrong amount), dies before he can send the payment, buyer's regret...there are no end of real (or bogus) reasons that would allow the second highest bidder to kick in... The original point being that to get Ebay to recognize the second bid and to obtain whatever protection Ebay offers the seller would have to go through the steps of cancelling the sale. |
The second-highest bidder never just "kicks in". If the seller wishes to
offer it formally through eBay to the next-highest bidder, he can send a Second Chance offer, which the buyer may choose to accept or decline. However, the seller/scammer may also take his new list of potential buyers and offer the item to one or all of them privately, giving a story about deadbeat bidder, the guy died, whatever. The mark thinks he has lucked out and sends his money, but receives something that is far different than what was listed (in this case, perhaps, a totally non-working radio). Since the deal went down outside of eBay, the seller is stuck with no recourse; no PayPal Buyer Protection, or opportunity to even leave negative feedback. It's an old trick. In any case, since this R-1000 closed at $610, something fishy definitely went down. These are great radios (I have one myself) but they aren't very rare and certainly aren't worth that kind of money. It could be simply seller's remorse. Decided he didn't want to sell it after all but already had bids, so just had his buddies bid it up and out. "Carter-K8VT" wrote in message . .. John S. wrote: I believe the second bidders bid becomes recognized by Ebay only if the seller cancels the high bid. Partially correct--but there's more than just "canceling": could be he is a deadbeat bidder who won't/can't pay, is an actual shill who had no intention of paying, says he bid wrong item (or wrong amount), dies before he can send the payment, buyer's regret...there are no end of real (or bogus) reasons that would allow the second highest bidder to kick in... |
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