January 10, 2009
When you are running your own home business on eBay, you may find occasionally that you’ve listed something in error, or someone wants you to split an auction, so you need to cancel a current listing you are running. Cancelling a listing is easy, it’s perfectly okay to do on eBay. There are some things to know before you start, however.
Cancelling a listing is not necessary if you simply need to make changes to your current auction. Simply go in and edit the erroneous information, and it should be updated immediately. If you are making a drastic change, however, you must have no bidders on your auction to do so.
Cancelling an auction simply because the bidding price is not high enough is against eBay’s terms of service, and can get you suspended or banned from eBay if you do so.
If you need to cancel your eBay auction listing, log into your account on eBay. Visit your selling section, and you will see a current list of all the items you are currently selling, both active and inactive. Find the listing that you need to cancel, and copy the item number of that listing. Visit “Related Links,” and choose “More.” You’ll see an option for ending your listing early; this is where to input your auction number.
If your listing currently has bids when you want to cancel it, you have the choice to either cancel all of the existing bids, or award the item to the highest bidder. If you have decided to cancel all of your bids, or you had no bids before cancelling the item, you will then need to explain to eBay why you are cancelling the auction. After you submit this information, the listing will be cancelled.
Reasons for cancelling your eBay auction may include restructuring a listing for a potential buyer – for instance, if you have multiple items in one listing, and a buyer only wants to purchase one of the items, you may want to “split” the auction for them and create a new listing so that they can purchase the single item. There is no guarantee that the buyer will bid and purchase the item, however, so exercise caution, because the potential buyer is not required to bid solely because you created a special auction for them. You may also want to end the listing early to award the item to the highest bidder if you have reached the price you were hoping for, and want to hurry up and ship out the item.
It is also important to note that eBay does not refund the listing fee for cancelled auctions. While you won’t have to pay a final value fee – unless you award the auction to the highest bidder at the time of cancellation – you still have to pay the original fee that you were charged when you listed the item. This is usually very small, but for larger auctions, this may be something to consider before cancelling an auction if you don’t want to lose a lot of money.
If you want to make money on eBay while raising the kids, visit http://AuctionPaydayKidsPlay.com to find out how. Vickie Sayce teaches others how to get started on eBay (VickieSayce.com), and has been buying and selling on eBay since 2001. She has written a very informative book on starting an eBay business to make money from home while raising the kids.