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Why Does Any Sensible Seller End an Auction Early?

My recent experiences with eBay have been limited; can't recall the last time I listed a watch for sale or the nature / structure of the eBay fees.

But, having gone to the trouble to create a listing, can someone tell me why in the world a seller would end an auction early, to accept an agreed-upon price? I know the suggestion that the buyer may be willing to pay a premium for the certainty / for the bird in the hand, and the seller takes some risk in letting the auction run and hoping for a higher price, but the seller's decision to accept an early offer seems bizarre (in most instances). Why not let market forces set the price of the watch, rather than some smooth-talking buyer?

What am I missing here?

Jeff

++++++++++++++++++++++++++++

: I guess if you have paid for it the deal should have been
: done.....but if the seller did not know the potential value of
: the watch and the "agreed" price was low in the
: attempt to get a "deal" i would still be inclined to
: not being surprised if higher offers behind ebay still come in
: and you to loose the sale. A watch is only worth what someone is
: prepared to pay for it and if someone want to pay more its back
: to an auction which is how it should be if its on the bay in the
: first place. :)

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