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Question on BUY NOW

The Dutchman
I have a buyer who has already bid on an item I have listed. He has asked me to "send him a BUY NOW" so he can purchase it outright. I don't mind doing this and accepting his price BUT I don't know how to do it. Is it possible to do this once a bid has been entered?

Thanks again folks.
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Comments

10 comments

Date Votes
  • Spider7115
    You can't make any changes once a bid has been placed.
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  • rhmc24
    This is really not the place for this topic, but there is a procedure for terminating an auction. You can then start over however you like.
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  • Spider7115
    quote:Originally posted by rhmc24
    This is really not the place for this topic, but there is a procedure for terminating an auction. You can then start over however you like.

    If you end an auction early when there's a bid on it, you are obligated to sell it to the current bidder at the current bid price. Your buyer might hold you to that regardless of any "side deal".
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  • 5mmgunguy
    Once there is a bid, you really can't modify the auction. If you and buyer work out a agreeement that if he increases his bid to what you agree to and then you end the auction early...which you can do; that may be a way to do what you are attempting to do. Not sure never tried it.
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  • nmyers
    Anything that you do that makes it appear you are trying to evade auction fees could result in your being thrown off this site.

    But, why on earth would you want to end an auction early? You want to get top $ for what you sell. End it early, & you deny the folks who would be willing to pay more the chance to put more money in your pocket.

    Neal
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  • The Dutchman
    Question remains un-answered. IS THERE A WAY TO SEND/EMAIL A BUY NOW OPTION TO SOMEONE?
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  • MFI
    Is he the only one who has bid on it ? If so end it early then relist with the agreed upon BUT IT NOW price ..
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  • Permanently deleted user
    Get him to bid your buy it now price and end the auction early. You are protected and GB still gets their cut...all is fair and on the up and up.
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  • kimberkid
    quote:Originally posted by ECC
    Get him to bid your buy it now price and end the auction early. You are protected and GB still gets their cut...all is fair and on the up and up.
    Thats fine as long as there is someone to bid aginst to get to the BIN price ...
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  • hk-91
    this is only true if you have a no reserve auction. or the reserve has been met

    quote:Originally posted by Spider7115
    quote:Originally posted by rhmc24
    This is really not the place for this topic, but there is a procedure for terminating an auction. You can then start over however you like.

    If you end an auction early when there's a bid on it, you are obligated to sell it to the current bidder at the current bid price. Your buyer might hold you to that regardless of any "side deal".
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