Trademe bidders who pull out.

[200BUSA]

I hate bidders on auctions on Trademe that pull out of the sale when they reach reserve.My bike is listed and first and only bid went to over my reserve and due to close Saturday night the 26th.Tonight they say they have bought another bike and please remove there bid.Whats the legal side of this -do i have to remove there bid?

[homer]

yeah i guess you do
but if you dont they wont pay so its just time wasting
better to start the auction again asap

[firefighter]

you dont have to remove it but you'll probably waste your time trying to hold them to it

[Zoolander]

A lot of people seem to bid just to be nosey about the reserve, with no intention to buy. If they accidentally hit the reserve they backpedal and ask for the bid to be removed "because they just bought something else". Yea right. Tossers. Another reason I don't bother listing vehicles as auctions, rather just do a classified add. Its cheaper because theres no success fee and if people are genuinely interested they will contact you. I sold my R1 in under 3 weeks this way. Plus you dont have to put up with all the idiot questions, "does it wheelie?" "is it a 2 or 4 stroke?" "does it have powerbands?" "wl u trd 4 my badaz 323 wiv tints?" and so forth.

[The Lone Rider]

You can hold them to legal accountability.

As stating in Trademe's policy of use, bidding on trademe is a legal agreement all the same as you would in a in house auction. However, removable of bids is required when deemed under reasonable circumstances.

So you could hold them on it by law.. but up to you if it's worth the legal effort. You would probably spend a lot of time arguing if they had reasonable cause for removal of the bid.

[200BUSA]

I might just let the auction run to see what he does,i asked for him to call me with a reasonable explanation as to why i should remove his bid,i dont care that he bought another bike.He bid above the start price which was the reserve so he knew what he was doing and that was 3 days ago.So he wont give a stuff till he gets a letter from lawyer.

[skidMark]

A lot of people seem to bid just to be nosey about the reserve, with no intention to buy. If they accidentally hit the reserve they backpedal and ask for the bid to be removed "because they just bought something else". Yea right. Tossers. Another reason I don't bother listing vehicles as auctions, rather just do a classified add. Its cheaper because theres no success fee and if people are genuinely interested they will contact you. I sold my R1 in under 3 weeks this way. Plus you dont have to put up with all the idiot questions, "does it wheelie?" "is it a 2 or 4 stroke?" "does it have powerbands?" "wl u trd 4 my badaz 323 wiv tints?" and so forth.

Best post ever lol

[skidMark]

I might just let the auction run to see what he does,i asked for him to call me with a reasonable explanation as to why i should remove his bid,i dont care that he bought another bike.He bid above the start price which was the reserve so he knew what he was doing and that was 3 days ago.So he wont give a stuff till he gets a letter from lawyer.

Yeah but... do you want your bike going to an asshole?

It's not worth it...

Just relist.

My 10c worth.

[200BUSA]

I didnt think someone from Dunedin would do this,they must be an OZ import.

[H00dz]

I'm with Skidmark life is short......dont waste your time with stupid people relist and sell it to someone genuine, better to state a buy now or reserve, people get too greedy thinking their sitting on goldmines..... if they were,they wouldnt be selling it in the first place........ I'm more wary on people trying to talk up their goods......Good luck !!!

[kevfromcoro]

A little of topic,, but still Trademe..Last week i sold an outboard on Trademe...was listed for the usuall $20 fee..reached the reserve and sold...then Trade me sent me another bill for $71(high ticket item)....i have sold heaps of stuff om Trademe and never had this happen before..i mean the outboard only sold for $2000......whats going to happen if you sell a 20k item....its probably there in the small print...but who reads that .after such a long time dealing with Trademe.....i never bothered.....
We all know Trademe has new owners.....hope they dont keep charching these fees...

[200BUSA]

[QUOTE=H00dz;1537238]I'm with Skidmark life is short......dont waste your time with stupid people relist and sell it to someone genuine, better to state a buy now or reserve,

I will relist.
It did have a buy now and the start price was reserve.They bid more than the start price,so they new what they were doing.It just pisses me off,as its not the first time its happened.

[Grub]

You can certainly ask Trademe for a ruling. I'd just let it run and let the guy sweat it. If you don't get any other bids then ask him for the money. when he doesn't settle report him and it will go against his Rep. Unlike KB, on Trademe Rep means something and bad rep will really fuck up his ability to trade. Since it's not the first time it's happened, don't bleat about it, use the system and make sure he doesn't do it again.

Yep, he knew what he was doing when he bid = his problem. If you relist, he could probably go you for withdrawing the auction after he has bid (if you can - which I doubt)

[ynot slow]

As well when you are close to reserve it says within 15%,so you can get an idea of reserve.Now it stuffs up your auction as people know the reserve,so people with no reason to bid put in bids under reserve,then honest genuine bidders might think out of my price.

[johan]

A little of topic,, but still Trademe..Last week i sold an outboard on Trademe...was listed for the usuall $20 fee..reached the reserve and sold...then Trade me sent me another bill for $71(high ticket item)....i have sold heaps of stuff om Trademe and never had this happen before..i mean the outboard only sold for $2000......whats going to happen if you sell a 20k item....its probably there in the small print...but who reads that .after such a long time dealing with Trademe.....i never bothered.....
We all know Trademe has new owners.....hope they dont keep charching these fees...

Success fees
Up to $150 5.9% of sale price (50c minimum)
$150 - $1500 $8.85 + 3.9% of sale price over $150
Over $1500 $61.50 + 1.9% of sale price over $1500
(max fee = $199)

But when you place an auction, it says:
The 'Sports' category incurs a listing fee of $19.00.
A success fee of up to $39 will apply if the auction meets reserve.