Cancel Ebay Listing With Bids In Massachusetts

State:
Multi-State
Control #:
US-00048DR
Format:
Word; 
Rich Text
Instant download

Description

In the context of real property law, a listing agreement governs the terms of the sale of real property by a third party real estate agency or broker. A listing contract may cover issues, among others, such as the price and terms of sale, broker's commission, agency duties of a listing agent, whether or not the property will be listed with the local MLS (multiple listing service), lockbox use, and resolution of disputes.


There are at least ten ways that a listing agreement may be terminated.


" When a real estate broker successfully sells a property for their client the listing agreement is complete.

" Listing agreements are typically inclusive of a definite time frame. When this period of time is reached, the listing agreement is terminated. Automatic extensions are illegal in many states, and are highly discouraged.

" If a broker does nothing to market the property, the owner of the property may end the listing due to the brokers abandonment of the property.

" Sellers can revoke the listing agreement, however there may be damages to the broker for which the seller can be held liable.

" Brokers can renounce the listing agreement, however they may be held for damages to the seller.

" Death, insanity, or bankruptcy of either the broker or the seller will often terminate the listing.

" Destruction of the property terminates the agreement because the agreement cannot be performed.

" The listing agreement can be terminated through a mutual consent between the broker and the seller.

" If the use of the property changes significantly, the listing agreement can be cancelled.

" In the real estate market, transfer of title by operation of law can terminate the listing agreement.

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FAQ

EBay's policies state that both the buyer and the seller have a right to cancel or retract a bid in certain situations. For example, where the buyer has made a mistake by bidding the wrong amount or the seller significantly changed the details of their listing.

How to Remove a Listing from eBay: A Step-by-Step Guide Step 1: Log into Your eBay Account. Step 2: Access Your Selling Dashboard. Step 3: Locate the Listing You Want to Remove. Step 4: Select the Option to End the Listing. Step 5: Choose a Reason for Ending the Listing. Step 6: Confirm the Removal.

As a seller, you can cancel bids on eBay in the following situations: when you agree to a buyer's request, when the item isn't available anymore, if you made an error in the listing, or if you're concerned the bidder might be fraudulent.

Your listing will no longer be active on the eBay website. If you end a listing that has bids, any bidder who did not win will receive an e-mail explaining that his or her bid was canceled. The message will also indicate that the listing was ended early.

Effects of ending an item listing early The listing ends as a successfully sold item. If a different EndingReason is specified, any bids are canceled and the listing ends as an unsuccessful listing (item unsold).

No, there is no penalty when a seller cancels a buyer's bid, regardless of the reason. When a bidder retracts their own bid, that is recorded and displayed in their feedback history. There don't seem to be any real consequences, since some active bidders show enormous numbers of retractions.

If the auction ends within 12 hours and has bids, you cannot end the listing early. If the listing ends in more than 12 hours, you can cancel the bids and then remove the listing.

Purchases on eBay can be canceled by the seller or by eBay. Buyers can request a cancellation, but it's up to the seller to accept or decline the request. If multiple items were purchased as part of the same order, then all items in the order will be canceled.

Buyers can request a cancellation, but it's up to the seller to accept or decline the request. If multiple items were purchased as part of the same order, then all items in the order will be cancelled. An order cannot be cancelled if: The seller has dispatched the item or the item has been collected in person.

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Cancel Ebay Listing With Bids In Massachusetts