Quote Originally Posted by tc1 View Post
You have to sell something once you post it? Yet another reason to add to my list of reasons why I don't use ebay.
A seller can cancel an auction up until the final 12 hours, for practically any reason. I once cancelled an auction for a video I was selling because I decided to give it to a friend instead. I still had to pay the 10 cent listing fee and that was the end of it.

Once the auction has finished the seller is obligated to sell the item. The buyer is also obligated to pay for the item at that point. The whole concept would unravel quickly if sellers were allowed to change their minds after receiving payment, as happened here.