The important thing is the obvious one: in 99% of cases if the deal sounds too good to be true, it is. To counter that I wrongly started an auction on a Tuesday a couple of months back. The item eventually attracted only 3 bids and I ended up selling $2,000 of hardware for $1,200 to an *extremely* happy buyer. Tip: always aim to close auctions on Saturday or Sunday. There are simply more people around to buy!
The only other significant thing that I have learned is not to sell to anyone outside the USA. Sorry Canadians, it is nothing personal. Blame our respective governments and postal services, who seem to be in existence merely to cancel all possible commercial activity.
David
On Tuesday, July 15, 2003, at 07:58 AM, Jim Katz wrote:
Put me in on the positive side for eBay.
In several thousand transactions now as seller and buyer, my wife and I
have had no seller frauds and about 5-10% non-paying bidders. (That doesn't
wind up being a big problem - eBay will pay back selling fees they charged
if the buyer defaults, and if act they will pay up to $500 to cover your own
loss if a seller defrauds you. Read the services material and use it.)
The only big problem I've run into is the darn post office. Too often
things take up to three months (!) in the mail, and they won't even take a
search inquiry on regular mail until six weeks have passed. (This is
Canadian Post Office and shipment to the US). They are good at smashing
stuff as well.
I think everyone's suggestions are great for minimizing the risks, but
don't jump to conclusions about fraud when the Post Office turns out to be
the real baddy often enough. (They don't call it the P.O. for nothing.....)
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