As a general rule, you can't retract, remove, or cancel a bid. When you place a bid, you agree to pay for the item if you're the winning bidder.

However, honest mistakes sometimes occur. You can retract a bid if you have a valid reason for doing so as defined by eBay policy and you retract the bid within the required time period.

Valid reasons for retracting a bid include:

• You accidentally entered the wrong bid amount. For example, you bid $99.50 instead of $9.95. If this happens, you need to reenter the correct bid amount right away.

• The item's description changed significantly after you entered your last bid. For example, the seller updated the details about the item's features or condition.

• You can't reach the seller by telephone or email.

Changing your mind isn't a valid reason for retracting a bid. Be sure to carefully review listings before bidding.

To retract a bid or Best Offer:

• Review the conditions for canceling a bid.

• If you meet the conditions and understand the results of canceling a bid, retract your bid or cancel your Best Offer.