From the drop-down menu which appears, select your reason for canceling your bid and click "Continue" again before clicking "Retract bid." Make sure to select your reason for retracting the...Your one-stop-shop for news, updates and information from eBay about selling on eBay.Jul 21, 2019 · how to retract a bid, after seller said it was ok ... - The eBay Community. Expand My eBay. Buying and Selling Q&A. Help & Contact. 1.) Go to home page2.) Click on "Help & Contact" on the top screen3.) Scroll down and click "Cancelling Bids & Managing bidders"4.) Click on "Cancel a bid"5....Sep 27, 2022 · Here’s how to cancel a bid: Log into eBay and visit the bid canceling page for sellers. Enter the item number in the top box, the buyer’s username in the middle, and the reason for ... Aug 30, 2023 · Step 7: Click the “Retract Bid” Button. Finally, click on the “Retract bid” button. Retracting your bid should happen automatically. Also, you may get an email confirming your bid retraction, depending on your settings. If all of the information is correct, click on “Retract bid” to complete the process. See full list on tomsguide.com If you’re using a mobile browser or the eBay app, go to the Best Offer cancellation form - opens in new window or tab to retract your offer. Tip If you’re a seller, you can retract a counteroffer through the Manage offers page. Open the item, select Manage offers and select the counteroffer you’d like to retract and then select Retract.To cancel a bid, go to eBay’s customer service page and search “retract a bid.”. It should bring up an article entitled “Retracting a bid.”. Here, you can click on the blue button that ...Bidders retract bids. Sellers cancel bids. In the OP's position, I would send the Buyer a link to how to retract. Buyer gets to pick the lie (reason) for the retraction. It goes on the Buyer's Feedback record, and others can see it. If Buyer refuses to retract, I would cancel his bid on the last day of the auction.On eBay, placing a bid on an item is equivalent to entering into a contract. By bidding on an item, you obligate yourself to pay for the item if you win it, even if you decide you no longer want ...Accidently bid on item, no real excuse, I'm just an idiot. I saw what I thought was a low price for an item I was looking for and immediately bid on it, but the seller shanghaied me since I didn't see the high shipping fee (even though it was already listed). I contacted the seller to ask if he could cancel my bid for the same reason I've said ... Don't worry. I will outbid you! Contact the seller. A wise seller would let it ride, and hope it gets outbid. Then cancel if not. Message the seller and ask them to cancel your bid, because you were outbid, so you already purchased from someone else. That’s not a valid reason for retracting your bid.How to cancel a bid. If you need to cancel a bid: Go to Cancelling bids placed on your listing. - opens in new window or tab. . Enter the item number, the username of the member whose bid you're cancelling, and the reason you're cancelling the bid. Select Submit. Or, you can also select Cancel a bid below. Cancel a bid.If you meet eBay's requirements, the process for how to cancel a bid on eBay is quite simple. Go to eBay and then click "Help," followed by "Buying," followed by "Retracting a bid" and then click "Get Started." Select the item that you want to retract your bid from and select a reason for why you no longer want the item. 1. Open eBay’s main page, find Tools & Apps on the very bottom of the page and select Site map. 2. Click SELL to quickly get to the correspondent section. Then select Cancel bids on your listing. 3. Enter the item number, the username of the member whose bid you’re canceling, and the reason you’re canceling the bid. 4.Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted. If you're not able to retract your bid, you can also try contacting the seller to see if they'll cancel your bid for you. The decision to cancel is at the discretion of the seller ... See full list on tomsguide.com To retract your bid on eBay: Log into your eBay account. At the top of your screen, you’ll find “Help & Contact” in the menu bar. Click on this. When a search box appears, type “Retract bid.”. Check the “Retracting a Bid” page and look for the blue “Retract a bid button.”. You’ll be directed to another page where you’ll ...Jan 11, 2023 · Collectibles & Art. Home & Garden. Sporting Goods. Toys & Hobbies. Seller Groups. eBay Categories. Pottery & Glass. RETRACTING BID AND EBAY. Verified Rights Owner (VeRO) Program. Jun 1, 2021 · In its email, eBay explained how the new auction bid retraction policy will work: "Starting June 30, if a Trading Card buyer wishes to retract an auction bid, they will need to contact the seller via messaging on eBay to request a retraction. The seller will, at their sole discretion, be able to accept or reject the buyer's retraction request. From the drop-down menu which appears, select your reason for canceling your bid and click "Continue" again before clicking "Retract bid." Make sure to select your reason for retracting the...From the Best Offer Cancellation form, click continue to begin the cancellation process. Enter your item number in the field provided if it isn't pre-populated. Click continue . You'll need to ... See full list on tomsguide.com Sep 27, 2022 · Here’s how to cancel a bid: Log into eBay and visit the bid canceling page for sellers. Enter the item number in the top box, the buyer’s username in the middle, and the reason for ... Sellers cancel bids, buyers retract them, but neither can be done once the auction is over. A buyer can request that a seller cancel the transaction that resulted from the buyer winning the auction, but it is totally in the seller's discretion whether to do so for "buyer requested" or hold him/her to his/her obligation to pay (and cancel for non-payment after 4 full calendar days).Apr 6, 2022 · Somehow I double-thumbed it and bid $78. My finger hit confirm before my brain screamed nooooo. So, I am an idiot. Achievement unlocked. I looked up the retract bid process, and it said if you accidentally put in the wrong amount, you can retract. It has a blue "retract a bid" button to press that supposedly would start the process. Whether you accidentally bid too much or the seller changed some information on the item you were bidding on, you might need to cancel your bid on an ebay au...Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted. If you're not able to retract your bid, you can also try contacting the seller to see if they'll cancel your bid for you. The decision to cancel is at the discretion of the seller ...How to cancel a bid. If you need to cancel a bid: Go to Cancelling bids placed on your listing. - opens in new window or tab. . Enter the item number, the username of the member whose bid you're cancelling, and the reason you're cancelling the bid. Select Submit. Or, you can also select Cancel a bid below. Cancel a bid.Bidders retract bids. Sellers cancel bids. In the OP's position, I would send the Buyer a link to how to retract. Buyer gets to pick the lie (reason) for the retraction. It goes on the Buyer's Feedback record, and others can see it. If Buyer refuses to retract, I would cancel his bid on the last day of the auction.Accidently bid on item, no real excuse, I'm just an idiot. I saw what I thought was a low price for an item I was looking for and immediately bid on it, but the seller shanghaied me since I didn't see the high shipping fee (even though it was already listed). I contacted the seller to ask if he could cancel my bid for the same reason I've said ...Type "blocking a bidder or buyer" into the help search field and go to "blocked bidder list". Enter their name and that account can never bid from you again. Not saying this is necessarily happening in your case, but sometimes a flaky buyer is actually a seller competing to sell the same item.When sellers list an item, they’ll create a starting bid price ($0.99+) and auction time length (anywhere from 1–30 days). That’s the time frame you’ll have to place a starting bid and compete against other buyers. Once you’ve selected the item you want to bid on, just click “Place Bid” to get started. If you see ‘Reserve not ... Invalid bid retraction policy. If someone makes a bid on an auction-style listing, and then retracts that bid, they could gain an unfair advantage – maybe by discovering a reserve price, or where another bidder's maximum bid stands. 2 min article; Automatic bidding. Automatic bidding is the easiest way to bid on an eBay auction.Jan 11, 2023 · Collectibles & Art. Home & Garden. Sporting Goods. Toys & Hobbies. Seller Groups. eBay Categories. Pottery & Glass. RETRACTING BID AND EBAY. Verified Rights Owner (VeRO) Program. As noted at the bottom of the auction listing: “You can only retract your bid under certain circumstances.” Buyers are also informed on the ‘Retract a Bid ’ that “a bid is a binding contract.” As of April 2021, if an item goes unpaid by the 5th calendar day, you may cancel the order due to non-payment.Don't worry. I will outbid you! Contact the seller. A wise seller would let it ride, and hope it gets outbid. Then cancel if not. Message the seller and ask them to cancel your bid, because you were outbid, so you already purchased from someone else. That’s not a valid reason for retracting your bid. how to retract a bid, after seller said it was ok ... - The eBay Community. Expand My eBay. Buying and Selling Q&A. Help & Contact.Whenever you place a bid, you're agreeing to buy the item if you win the auction. However, in some situations you can retract your bid. Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted.Mar 6, 2021 · Select Other from the Select a topic menu. Select Contact the seller. Enter a topic heading, then type a message requesting bid cancellation and your reasons for wanting to cancel the bid. Select Send a copy to my email address, if so desired. Type the verification code shown in the image, then select Send. By: Reader. Just found out at eBay if a Buyer bids your item and then retracts the bid, meaning they no longer are involved in the auction, they backed-out, and you then block them, eBay allows them to re-bid the item they retracted their bid on, even though the Buyers ID is on the Seller's Blocked Bidder List before they re-bid. eBay informed ...Nov 22, 2022 · When you place a max bid, our bidding technology will automatically place bids on your behalf, using the smallest increment necessary to ensure you remain the high bidder until your max bid is met. If another bidder has placed the same bid before you, or a max bid that is higher than yours, we will attempt to let you know that you have been outbid. May 10, 2022 · This is a short video explaining How to Retract or Cancel an Offer on eBay.You can only retract if it’s more than twelve hours until the listing closes or le... Dec 18, 2022 · Sellers cancel bids, buyers retract them, but neither can be done once the auction is over. A buyer can request that a seller cancel the transaction that resulted from the buyer winning the auction, but it is totally in the seller's discretion whether to do so for "buyer requested" or hold him/her to his/her obligation to pay (and cancel for non-payment after 4 full calendar days). You can freely try to retract a bid up until the final 12 hours of an auction. Within those final 12 hours, you can only seek to retract a bid if you've placed it within the last hour.How to cancel a bid. If you need to cancel a bid: Go to Cancelling bids placed on your listing. - opens in new window or tab. . Enter the item number, the username of the member whose bid you're cancelling, and the reason you're cancelling the bid. Select Submit. Or, you can also select Cancel a bid . Cancel a bid.In this video, you will learn how to cancel or retract a bid on eBay. If you accidentally placed an incorrect bid on an item on eBay just follow the instruct... how to retract a bid, after seller said it was ok ... - The eBay Community. Expand My eBay. Buying and Selling Q&A. Help & Contact.edwwsw • 8 yr. ago. Contact the seller and ask the seller to retract the bid. A more unfortunate reality is you can choose not to pay if you win. The seller will be forced file an unpaid case against you. You in theory get a "mark" against your account. Reality very little negative will happen to you if you don't pay.1. Open eBay’s main page, find Tools & Apps on the very bottom of the page and select Site map. 2. Click SELL to quickly get to the correspondent section. Then select Cancel bids on your listing. 3. Enter the item number, the username of the member whose bid you’re canceling, and the reason you’re canceling the bid. 4. See full list on tomsguide.com As noted at the bottom of the auction listing: “You can only retract your bid under certain circumstances.” Buyers are also informed on the ‘Retract a Bid ’ that “a bid is a binding contract.” As of April 2021, if an item goes unpaid by the 5th calendar day, you may cancel the order due to non-payment.You can also find your way to the Bid Retraction form by clicking the Buying Related links on your My eBay Buying page. After you make sure that your reason for wanting to retract is valid, fill in the item number, choose Your Explanation of the Retraction from the drop-down list, and click Retract Bid. Be careful when you retract a bid.Select Other from the Select a topic menu. Select Contact the seller. Enter a topic heading, then type a message requesting bid cancellation and your reasons for wanting to cancel the bid. Select Send a copy to my email address, if so desired. Type the verification code shown in the image, then select Send.Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted. If you're not able to retract your bid, you can also try contacting the seller to see if they'll cancel your bid for you. The decision to cancel is at the discretion of the seller ...If you’re using the eBay desktop site, here’s how to retract a Best Offer or a counteroffer if it meets the requirements above: Go to Bids/Offers - opens in new window or tab in My eBay. Find the offer you’d like to retract. Select Review offer, then select Retract offer. 1. Open eBay’s main page, find Tools & Apps on the very bottom of the page and select Site map. 2. Click SELL to quickly get to the correspondent section. Then select Cancel bids on your listing. 3. Enter the item number, the username of the member whose bid you’re canceling, and the reason you’re canceling the bid. 4.Step 4. Navigate to the eBay bid retraction form (see Resources). Enter the item number or press "Ctrl" and "P" to paste the number into the form from your computer's memory. Choose an explanation of your retraction request from the drop-down menu, then click "Retract Bid." Advertisement.Aug 10, 2021 · Clicking it opens a page with recently bid-on items. 5. Select an item on which you recently bid. Click the item's name to select it. 6. Select a reason for canceling the bid. Click the circle button to the left of one of the following reasons: [1] I entered the wrong amount. - Select this option if you bid too high or too low. But there are legitimate reasons a bidder can retract, that's why eBay allows them. Even I have had to retract a bid during my 11 years on eBay. And mine was completely legit--and it happened to be a "cannot contact seller" reason. It was about 4 years ago. I bid on an obscure baseball card--so happens the eBay seller was a board member here, too.Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted. If you're not able to retract your bid, you can also try contacting the seller to see if they'll cancel your bid for you. The decision to cancel is at the discretion of the seller ...How to cancel a bid. If you need to cancel a bid: Go to Canceling bids placed on your listing. - opens in new window or tab. . Enter the item number, the username of the member whose bid you’re canceling, and the reason you’re canceling the bid. Select Submit. Or, you can also select the Cancel a bid button below. Cancel a bid.edwwsw • 8 yr. ago. Contact the seller and ask the seller to retract the bid. A more unfortunate reality is you can choose not to pay if you win. The seller will be forced file an unpaid case against you. You in theory get a "mark" against your account. Reality very little negative will happen to you if you don't pay.Jan 14, 2022 · If you retract when there are other bids below you it can really mess up a sellers listing selling. While buyers aren't supposed to move on as they can still become the winner many buyers who are out bid do move on and then when they are suddenly winning again aren't interested anymore. To turn these on: Click My eBay in the top-right corner of any screen on eBay.com. Click Account in the top menu. On the left, click Communication Preferences. Under the “Buying Activity” subheading, click Show. Make sure all drop-down menus are set to “Real-time” and check the box beside Outbid to receive an IM.This is what eBay calls an ‘invalid bid retraction’. If you make an invalid bid retraction, the seller has the right to report you to eBay, which can then take further action like suspending your account, if necessary, So, only cancel a bid if you are confident you meet the criteria." How To Cancel An Offer You Made On eBayFind the “Retracting a Bid” Page. Next, click on the “Help&Contact” button in the menu bar at the top of the screen. To find the “Retracting a Bid” eBay page faster, type retract bid in the search box that appears on the following screen. Then, select the “Retracting a Bid” help page and click on the blue “Retract a bid” button.May 6, 2021 · By: Reader. Just found out at eBay if a Buyer bids your item and then retracts the bid, meaning they no longer are involved in the auction, they backed-out, and you then block them, eBay allows them to re-bid the item they retracted their bid on, even though the Buyers ID is on the Seller's Blocked Bidder List before they re-bid. eBay informed ... Nov 28, 2015 · When it can be determined that a buyer leaves feedback before giving a seller a chance to make things right, othe sellers may cancel your bids, and or block you from buying. Now that you have left a feedback, the seller may have blocked you and any communications you send them. I have multiple items up right now on a 7 day auction that ends in 2 days. Starting on day 1 I started receiving bids on items. I had 4-5 bidders retracting thier bids daily claiming they entered the wrong amount. Now I had one of the bidders that started on day 1 with a bid retract all thier bids on day 5 saying they entered the wrong amount.By: Reader. Just found out at eBay if a Buyer bids your item and then retracts the bid, meaning they no longer are involved in the auction, they backed-out, and you then block them, eBay allows them to re-bid the item they retracted their bid on, even though the Buyers ID is on the Seller's Blocked Bidder List before they re-bid. eBay informed ...If you meet eBay's requirements, the process for how to cancel a bid on eBay is quite simple. Go to eBay and then click "Help," followed by "Buying," followed by "Retracting a bid" and then click "Get Started." Select the item that you want to retract your bid from and select a reason for why you no longer want the item. Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted. If you're not able to retract your bid, you can also try contacting the seller to see if they'll cancel your bid for you. The decision to cancel is at the discretion of the seller ...Jul 21, 2019 · how to retract a bid, after seller said it was ok ... - The eBay Community. Expand My eBay. Buying and Selling Q&A. Help & Contact. How to cancel a bid. If you need to cancel a bid: Go to Cancelling bids placed on your listing. - opens in new window or tab. . Enter the item number, the user ID of the member whose bid you're cancelling, and the reason you're cancelling the bid. Select Submit. Or, select Cancel a bid below. Cancel a bid.You can freely try to retract a bid up until the final 12 hours of an auction. Within those final 12 hours, you can only seek to retract a bid if you've placed it within the last hour.Clicking it opens a page with recently bid-on items. 5. Select an item on which you recently bid. Click the item's name to select it. 6. Select a reason for canceling the bid. Click the circle button to the left of one of the following reasons: [1] I entered the wrong amount. - Select this option if you bid too high or too low.Retracting a bid. If you've made a mistake when bidding on an item, you can retract your bid in certain circumstances. 2 min article; Tips for winning auctions. eBay auctions often have multiple competing bidders. You can maximize your chances of winning by having a good bidding strategy. 3 min articleMay 6, 2018 · Then there are those who bid on an auction, but if they see another for the same or similar item that may have a lower price, they retract on the first item, so they aren't stuck with paying for the first item they bid on. ebay could slow serial bid retractors down, if they would create a new Buyer requirement blocking bidders who have X number ... 1.) Go to home page2.) Click on "Help & Contact" on the top screen3.) Scroll down and click "Cancelling Bids & Managing bidders"4.) Click on "Cancel a bid"5....How bidding works. Bidding on an eBay auction is a great way to get the item you want – at a bargain price. In an auction-style listing, sellers name a starting price and you bid against other buyers. You can keep track of your bidding from the Bids/Offers My eBay. You may be asked to provide a payment method and shipping address when making ...Invalid bid retraction policy. If someone makes a bid on an auction-style listing, and then retracts that bid, they could gain an unfair advantage – maybe by discovering a reserve price, or where another bidder's maximum bid stands. 2 min article; Automatic bidding. Automatic bidding is the easiest way to bid on an eBay auction. Jan 19, 2022 · how do i retract a bid? the item turns out to be NOT what i thought it was. i made a mistake. Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted. If you're not able to retract your bid, you can also try contacting the seller to see if they'll cancel your bid for you. The decision to cancel is at the discretion of the seller ... 2. Click "Help & contact" in the menu bar at the top of the screen and, in the search box that appears on the following screen, type "retract bid." Select "Retracting a bid." 3. Click on the ... Aug 10, 2021 · Clicking it opens a page with recently bid-on items. 5. Select an item on which you recently bid. Click the item's name to select it. 6. Select a reason for canceling the bid. Click the circle button to the left of one of the following reasons: [1] I entered the wrong amount. - Select this option if you bid too high or too low. Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted. If you're not able to retract your bid, you can also try contacting the seller to see if they'll cancel your bid for you. The decision to cancel is at the discretion of the seller ...Any bidder has been allowed to retract their own bid on an auction listing under the guidelines while it is still live. @ittybitnot , @mudshark61369 , @tdumonde2014 , et al. Apparently, this was announced by email to members with a history of transactions in this category.How to Retract a Bid on eBay. Follow these steps to retract a bid on eBay. 1 – Log in to your eBay account. 2 – Choose Help & Contact at the top of the page. 3 – Type “retract bid” in the eBay search to see the Retracting a bid page. 4 – Select a link above the search results. You can also choose the search result Retracting a bid.
How to Cancel Ebay Bids and Offers - A tutorial on how to retract ebay bid or retract ebay offer.💸 Get Cash App ($5 FREE): http://cash.me/app/LWJTDBF💙 Coin.... Percocet 5 325
Whenever you place a bid, you're agreeing to buy the item if you win the auction. However, in some situations you can retract your bid. Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted.On eBay, placing a bid on an item is equivalent to entering into a contract. By bidding on an item, you obligate yourself to pay for the item if you win it, even if you decide you no longer want ... Sellers cancel bids, buyers retract them, but neither can be done once the auction is over. A buyer can request that a seller cancel the transaction that resulted from the buyer winning the auction, but it is totally in the seller's discretion whether to do so for "buyer requested" or hold him/her to his/her obligation to pay (and cancel for non-payment after 4 full calendar days).In this video, you will learn how to cancel or retract a bid on eBay. If you accidentally placed an incorrect bid on an item on eBay just follow the instruct...Retracting a bid. If you've made a mistake when bidding on an item, you can retract your bid in certain circumstances. 2 min article; Tips for winning auctions. eBay auctions often have multiple competing bidders. You can maximize your chances of winning by having a good bidding strategy. 3 min articleTo retract your bid on eBay: Log into your eBay account. At the top of your screen, you’ll find “Help & Contact” in the menu bar. Click on this. When a search box appears, type “Retract bid.”. Check the “Retracting a Bid” page and look for the blue “Retract a bid button.”. You’ll be directed to another page where you’ll ...Jan 19, 2022 · how do i retract a bid? the item turns out to be NOT what i thought it was. i made a mistake. Mar 11, 2022 · I have multiple items up right now on a 7 day auction that ends in 2 days. Starting on day 1 I started receiving bids on items. I had 4-5 bidders retracting thier bids daily claiming they entered the wrong amount. Now I had one of the bidders that started on day 1 with a bid retract all thier bids on day 5 saying they entered the wrong amount. Whenever you place a bid, you're agreeing to buy the item if you win the auction. However, in some situations you can retract your bid. Retract a bid. Keep in mind that you can't always retract a bid once it's made –if you're not able to retract your bid, you can also try contacting the seller to see if they'll cancel your bid for you.By: Reader. Just found out at eBay if a Buyer bids your item and then retracts the bid, meaning they no longer are involved in the auction, they backed-out, and you then block them, eBay allows them to re-bid the item they retracted their bid on, even though the Buyers ID is on the Seller's Blocked Bidder List before they re-bid. eBay informed ...Then there are those who bid on an auction, but if they see another for the same or similar item that may have a lower price, they retract on the first item, so they aren't stuck with paying for the first item they bid on. ebay could slow serial bid retractors down, if they would create a new Buyer requirement blocking bidders who have X number ...How to cancel a bid. If you need to cancel a bid: Go to Cancelling bids placed on your listing. - opens in new window or tab. . Enter the item number, the username of the member whose bid you're cancelling, and the reason you're cancelling the bid. Select Submit. Or, you can also select Cancel a bid . Cancel a bid.Whenever you place a bid, you're agreeing to buy the item if you win the auction. However, in some situations you can retract your bid. Retract a bid. Keep in mind that you can't always retract a bid once it's made. Bids on items listed in Trading Cards categories, for example, can't be retracted.The seller would have to send you a feedback revision request. To to that, the seller would have to have one to send. He may or may not; the supply is limited to a small number per year.Type "blocking a bidder or buyer" into the help search field and go to "blocked bidder list". Enter their name and that account can never bid from you again. Not saying this is necessarily happening in your case, but sometimes a flaky buyer is actually a seller competing to sell the same item.May 13, 2022 · How do I cancel an eBay bid? Cancelling an eBay bid can be done via the 'retracting a bid' page, using the 'retract a bid' button. Simply click on this, then select the product you wish to retract ... Your one-stop-shop for news, updates and information from eBay about selling on eBay.Type "blocking a bidder or buyer" into the help search field and go to "blocked bidder list". Enter their name and that account can never bid from you again. Not saying this is necessarily happening in your case, but sometimes a flaky buyer is actually a seller competing to sell the same item.You can also find your way to the Bid Retraction form by clicking the Buying Related links on your My eBay Buying page. After you make sure that your reason for wanting to retract is valid, fill in the item number, choose Your Explanation of the Retraction from the drop-down list, and click Retract Bid. Be careful when you retract a bid.1. Go to the listing you want to bid on and click on the “Bid” button. 2. In the “Bid Details” section, next to “Current Bid,” click on the pencil icon next to your current bid. 3. In the “Revoke Bids” window that opens, enter a new, lower bid in the “Bid Amount” field and click on the “Submit” button. 4..