The seller can cancel bid or cancel an auction for any reason. Cancelling a bid or auction is to end selling before their time. Many sellers do this when they choose not to sell to a particular buyer. Let’s say you want only to sell items to buyers with higher feedback and somebody else with no feedback bids on your item. Or maybe you have not been satisfied with the way your auction is going and you decide to put an end to it. A few more reasons like losing the item and an error in the listing or in starting price. You are allowed to cancel bids if there are any. When you cancel a bid you still need to pay the charges such as insertion fees. You need to have more than 12 hours from before your listing end time in order to do this. When there are 12 hours or less, you will not be allowed to retract your auction listing because it will be a bad experience for buyers that are expecting to win the auction.
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