> Also, as a psychological matter, when a buyer has indicated how high
> they would go with a bid it becomes very difficult to retreat from that
> monetary amount.  I've personally only been able to do it once (IIRC)
> and that was in eBay's early days.  The seller has the advantage over
> the buyer in this situation.  There is just no incentive for the seller
> to retreat from that high bid -- the buyer has gone so far as to place
> a bid for that amount!  The whole 'can I get more money now or later?'
> line of thought seems to just go down the drain, which kind of screws
> the buyer looking for an after-auction deal.

This is a very good, and interesting, point.  A lot of sellers would see
this as you having made an offer, now you're trying to back down.
Personally if it were me, I'd've let the $7 go and sold it to you for $25:
eBay can be notoriously inconsistent, and something that sold for $32
yesterday might only net you the starting bid of $15 today, it all depends
on the competition.  If you wait until they relist it, you may even get it
for less, and they'd be the ones getting stuck.



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