Download Buying and Selling on eBay (Cliffs Notes) by Greg Holden PDF

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By Greg Holden

One man's used coffee laptop is one other man's eBay miracle purchase. Hop onto the Internet's hip, scorching public sale web site, and realize digital bidding, promoting, and discount searching. looking for the item you will want, concepts for naming your expense, and preserving your self from fraud are only a number of necessities coated.

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A more subtle option is to send an e-mail message asking about the item for sale; look for a full name or, better yet, a link to a Web page or other biographical information in the seller’s signature file, if there is one. Look up the person on an Internet White Pages service. By doing so, you can at least verify that the person lives at their address. Yahoo! People (at people. com) are good places to start. Switchboard is actually an Internet phone book” service, as shown in Figure 5-3. Certifying your own identity Another way to provide your fellow traders with a measure of security that you’re who you say you are is to obtain an electronic form of identification known as a Digital ID, or personal certificate.

Sellers use Dutch auctions when they have multiple versions of the same item to sell. In a Dutch auction, everyone pays the same price, which is the same as the lowest qualifying bid. In a Dutch auction, the seller specifies a minimum bid. Each bidder makes a bid and specifies the number of items that he or she wants. If all the bids are the same, then the bidders who bid earliest get first dibs on the items. However, if someone makes a higher bid for an item, that person gets dibs over every lower bidder, even though higher bidders end up paying the same amount as the lowest qualifying bidder.

Chapter 5: Protecting Yourself Against Fraud 53 Turning to an agency outside of eBay can often intimidate a buyer or seller into cooperating with you after the person receives notification from the agency that an investigation is underway. The first two organizations in the preceding list are especially good examples. Insuring Your Transaction through eBay One of the best consumer features that credit card companies offer is insurance in case that the merchandise you purchase with the card gets stolen, lost, or damaged.

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