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How to Win on eBay


I've bought over 100 items on eBay over three years and am ready to share my knowledge of how to win at eBay and buy from reputable sellers.

1. You can find anything on eBay. When searching on eBay I suggest first doing a general search such as "ionic breeze" and checking what the items are going for. I noticed the items by companies with eBay stores were selling much higher than those by individuals. This is true for all categories. So don't be scared of buying from an individual as it could be much cheaper.

2. Before bidding look at the seller's rating. I only buy from those with 99% or higher ratings.

3. Next check the shipping cost. Quite a lot of eBay sellers are willing to sell their high priced item at NR or no reserve but make the money back with outrageous shipping costs. How do you know a shipping cost is too high? When checking out the auctions for your item such as "ionic breeze" keep an eye on the shipping cost. The average cost for shipping quadra ionic breeze machines seems to be $20. If someone is charging $30 then you know you're getting had on the shipping. I make my maximum bid less on those auctions where the seller is charging too much for shipping.

4. To have less search results to wade through limit the search by using the minimum and maximum amounts setting. Think of what you'd really like to get the item for and put it as the maximum amount. By combing the listings for "ionic breeze" I've found it is possible to get a Sharper Image Ionic Breeze Quadra for $50 if I buy it used from an individual or reconditioned from a business. That's ok with me as I just want to pay less than what Sharper Image is charging!

5. One of the most important tips is to read every word in their auction page. People sell broken items on eBay. Some of the auctions for ionic breezes looked great but in between their text stating how great ionic breezes are, how much square feet it covers, was the sentence that the item was broken. Imagine how I'd feel if I had bid and won only to find out I didn't read the auction carefully! Yes it's a nasty way to do business selling items that are broke and tricking people into buying them. But if you bid you legally have to pay for it.

6. Ask questions before you bid. If the auction does not state how the item is being packaged then ask. I once bought a wall mounted barometer, temperature, humidity item that was shipping in a shoe box with no packaging! It was busted, glass shattered. So make sure you ask how they are going to ship it and what packaging they are going to use.

7. Also ask if the item works, do they have the manuals, does it still have a warranty if ownership is transferred, are items sanitized, does it come from a smoke free pet free home? You need to ask these questions as it's "buyer beware" on eBay.

8. The cheapest prices on items is during the summer when people are on vacation and not stuck at home during the winter. The worst time to buy is before Christmas. Everyone is trying to outbid each other for a gift. The prices are unbelievable!

9. After spending time doing the legwork I mentioned above, you'll find that a few eBay sellers seem to be ideal to buy from. Add them to your favorite seller's list. Then it's easy to go straight to their store, or items for sale page, and bid on what they have. You've already checked them out so don't forget who they are!

More ebay tips at ebay tips


MORE RESOURCES:

Auctions - Google News

American Foreclosure Hits Bottom With Tower Auction in Atlanta: Mortgages - Bloomberg


American Foreclosure Hits Bottom With Tower Auction in Atlanta: Mortgages
Bloomberg
Atlanta's office market is a victim of overbuilding and inflated real-estate prices fueled by issuance of commercial mortgage backed securities that peaked in the US at $232 billion in 2007. While investor demand for property debt surged last month by ...

Will they or won't they? - Sydney Morning Herald


Will they or won't they?
Sydney Morning Herald
The clearance rate was 58 per cent for the 101 auction results reported to the Real Estate Institute of Victoria. The outcome of another 36 sales is still unknown. Many commentators are tipping the RBA will cut rates by 0.25 percentage points.

and more »

Market middle ground proving elusive - Sydney Morning Herald


Sydney Morning Herald

Market middle ground proving elusive
Sydney Morning Herald
Real Estate Institute of Victoria spokesman Robert Larocca said the level of new stock coming onto the market for February was surprisingly high. ''We've got 10-15 per cent increases in stock levels for the first few weeks of February compared with ...

and more »

Got $1.8M? This Harrison estate is up for auction - The Journal News | LoHud.com


Got $1.8M? This Harrison estate is up for auction
The Journal News | LoHud.com
Its owner — international real estate developer Neill Bernstein, dubbed “Cape Town's Donald Trump” — has lived there for several years but now is returning home to South Africa. Misha Haghani, founder of Paramount Realty USA, is handling the auction ...

and more »

Tucson resort avoids auction block, for now - Arizona Daily Star


Tucson resort avoids auction block, for now
Arizona Daily Star
Starr Pass Resort Developments, the owner, took on the debt before the real estate bubble burst and the property, which opened in 2005, was only just getting its footing when business and leisure travel screeched to a near halt.

and more »

Fannie Mae's Fire Sale - Barron's


Credit Union Times

Fannie Mae's Fire Sale
Barron's
How to buy a cut-rate rental property. Fire sale! The Federal Housing Finance Agency has approved a big residential real-estate auction at Fannie Mae to help the mortgage giant unload its inventory of 122616 foreclosed houses. For the first time, ...
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)

all 58 news articles »

Concierge Auctions to Sell Premier Residences at Auction Within Exclusive ... - MarketWatch (press release)


Concierge Auctions to Sell Premier Residences at Auction Within Exclusive ...
MarketWatch (press release)
The auction will be conducted in cooperation with Rivers To Peaks Real Estate ~ Big Sky Real Estate. "The seller developed these idyllic vacation homes ideally situated in the heart of the most luxurious amenities these communities offer," stated ...

and more »

Gold Coast back on the road to paradise - The Australian


Gold Coast back on the road to paradise
The Australian
It was - as she told her children - excellent shopping when the biggest single auction of real estate nationally was held on the Gold Coast last weekend. And the buyers, many of whom had flown in from interstate, were out in force picking up properties ...

and more »

Yarmouth Route 28 motels sold at auction - Wicked Local


Yarmouth Route 28 motels sold at auction
Wicked Local
The twice-postponed auctions drew a mixed crowd of lawyers, real estate brokers, neighbors and a town planning board member. The motels have been the focus of a civil lawsuit for more than a year. The town sued the motels' former owner for violating ...

and more »

Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ... - MarketWatch (press release)


Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ...
MarketWatch (press release)
24, 2012 /PRNewswire via COMTEX/ -- Concierge Auctions, the nation's preeminent luxury real estate auction firm, auctioned high-end properties throughout 15 states in 2011. The year proved successful for the NYC-based company, as the firm produced a ...

and more »

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