Noraboo
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Post: 13494817_1 created on Fri May 12, 2006 7:29 pmPosted: Fri May 12, 2006 7:29 pm
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Hello everyone,
After much discussion based on feedback from the R&C community, we would like to announce a change in R&C Auctions policy. Bid retractions during an auction and bid withdrawals/cancelations by the auction winner after an auction has ended are no longer permitted. The only exception to this is if the terms of the auction are changed after bidding. In such a situation, the high bidder must be given the opportunity to withdraw their bid. Up to this point forum policy has allowed bid cancelations and allowed users to back out of an auction after they had won without penalty if they had not yet finalized the commission arrangement. However this policy has been abused excessively and as such is being replaced with the policy listed above. When bidding on an auction, please be certain that you have the funds available to bid and are fully aware of the auction's terms. Auction holders also have a responsiblity to be reliable and not cancel the auction unless circumstances prevent you from having the time to complete the art offered. Please respect your bidders and realize that they have time and gold tied up in bidding, just as you have invested time, so please do not cancel auctions frivolously. Please contact an R&C moderator should you have any questions. Thank you. |
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