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Ebay auction question?

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I am selling an item on ebay. If i close the auction now, does that mean the highest bidder gets the item or it doesn't get sold at all?

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  1. How can I end my listing (auction) immediately?

    If needed, you can end your listing before the scheduled end date. If there are bids on your item, you can cancel them.

    Reasons for ending listings early include:

        

          *The item is no longer available for sale.

          *There was an error in the starting price or reserve amount.

          *There was an error in the listing.

          *The item was lost or broken.

    Timing Matters

    When there are 12 hours or less remaining and the item has a winning bid, including a reserve met bid, sellers cannot make any changes to the listing, including:

        *Ending the item early. Sellers may cancel bids, but not end the item unless the item is being sold to the high bidder.

        *Adding to or changing the item description.

    Note: Canceling bids or making changes to a listing with bids when there are 12 hours or less remaining, can damage the buyer experience and can undermine trust in the marketplace.

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    Note: Your account will still be charged listing fees (such as the Insertion Fee) if you end your listing early. Consider revising your listing first if there are aspects of it you want to change or improve.

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