eBay rip-off merchant

[Guest]

Nobody else here sees it that way. If you don't want to auction an item then put it up for a buy it now at what you consider is "market" value. At the end of the day market value is what someone is willing to pay at that point in time

I know and that's why I wanted to add a different perspective as things are never what they seem.

I don't agree with you fully on market value. Markets are always distorted and only work perfectly some of the time.

There have been many times that I wanted to buy something that was closing in the USA in the middle of the night. I would have paid 15% more than the sale price had I been awake. The market value is my value? Sales value?

Common sense needs to prevail and provided sellers don't make a habit of it then I have no problem. eBay is not the place generally for getting 50% price breaks.



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[TheGoldSovereign]

4 minutes ago, Numistacker said:

 

I know and that's why I wanted to add a different perspective as things are never what they seem.

I don't agree with you fully on market value. Markets are always distorted and only work perfectly some of the time.

There have been many times that I wanted to buy something that was closing in the USA in the middle of the night. I would have paid 15% more than the sale price had I been awake. The market value is my value? Sales value?

Common sense needs to prevail and provided sellers don't make a habit of it then I have no problem. eBay is not the place generally for getting 50% price breaks.



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Not sure what you mean, if he wanted a better sale price for ending it at a different time for example then he has the choice of doing that?

Do normal auction houses operate like this, i think not. The seller deserves bad feedback for that, if i spent time waiting and watching an auction and someone did it i would be livid and also leave negative feedback and report!

Simple answer really is just don't put an item up for auction if you want a certain price, put a fixed price or a reserve, that is what they are for after all

"eBay is not the place generally for getting 50% price breaks." - Not if sellers pulling listings is considered acceptable no

[Guest]

Not sure what you mean, if he wanted a better sale price for ending it at a different time for example then he has the choice of doing that?

Do normal auction houses operate like this, i think not. The seller deserves bad feedback for that, if i spent time waiting and watching an auction and someone did it i would be livid and also leave negative feedback and report!

Simple answer really is just don't put an item up for auction if you want a certain price, put a fixed price or a reserve, that is what they are for after all

"eBay is not the place generally for getting 50% price breaks." - Not if sellers pulling listings is considered acceptable no [emoji4]

Normal auction houses have an auctioneer who often has reserve price discretion. The system often prevents under sales.

eBay do nothing despite their rules so one can infer that eBay consider that it's relatively acceptable. If it happens too often then clearly it's a problem. In 1500 eBay transactions it has happened to me once.

You will only find that is happens in extreme cases anyway and due to the paucity of auctions and the number of bidders it's unusual.




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[sovereignsteve]

ebay isn't perfect, it is what is and has pros and cons for both seller and buyer. If you learn these it is possible to be successful doing both.

some people earn a decent living selling on ebay and I have got many a bargain, as well as selling for good prices. It's part of it's charm, just think what life would be like without it.

ebay has its rules, they are not perfect but they should be rigorously enforced and everyone should know them.

Sellers use simple low start auctions to achieve top prices in the main but occasionally some auctions under-achieve. It's all part of the game and it's the risk you run if you want to get those times when the buyer pays too much.

you can't have your cake and eat it. IMO once an auction has a single bid, it shouldn't be allowed to be pulled, regardless of how long it has to go.

[Pampfan]

eBay is a very funny place to buy and sell things.  Sometimes you can buy stuff at bargain prices and sell stuff for way more than market price.  Other times when your bored and need to get that fix of having the anticipation of a package on its way - you have a "what did I buy that for" moment and at what price.  If you transact enough the law of averages will usually kick in.  

I've sold items on eBay where I was unhappy with the final price received but still went ahead with it because on the other side of the transaction is someone who is happy to get a great deal.  I have also been on the receiving end of an auction that ended on a holiday   Or an odd time and I got something at less than fair market.  

In the early days of eBay - before PayPal - I was scammed in an auction where I sent the money and never received the product - how pissed was I.  No money - no product = angry pampfan.?

To put things in perspective, it sucks you didn't get the coins but at least you still have your money. 

 

 

[HighlandTiger]

4 hours ago, Numistacker said:

I actually have a lot of sympathy with this seller. eBay auctions are not true auctions and reserve pricing works extremely badly on eBay. Mostly auctions work well for both parties and end up at a rough market price. Sometimes the auction does not work well or it ends at a funny time so bids are not there.

I have ZERO sympathy with this seller, you don't have to start an auction at 99p, you start it at the minimum price you would be happy to accept.

If it ends at a funny time who's fault is that. You can start and finish your auctions at a time that suits yourself.

It's not rocket science..........or is it?

[Guest]

I have ZERO sympathy with this seller, you don't have to start an auction at 99p, you start it at the minimum price you would be happy to accept.

If it ends at a funny time who's fault is that. You can start and finish your auctions at a time that suits yourself.

It's not rocket science..........or is it?

The system does not really facilitate this. When I do this with my auctions I get almost no interest as its like bin. The eBay system does not work amazingly well.

I do not condone what this guy did but I can understand it.



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[HighlandTiger]

Just now, Numistacker said:

 

The system does not really facilitate this. When I do this with my auctions I get almost no interest as its like bin. The eBay system does not work amazingly well.

I do not condone what this guy did but I can understand it.



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Rubbish, the system DOES facilitate this.

You have the ability to start an auction at any price you want. 

You have the ability to start and finish an auction at a time that you consider would get you the most bids and viewers. 

If you don't want to sell an item under the price you want, you can do this without pulling auctions because you've got the hump no-one wants to pay over the odds for your item.

People should take responsibility for their actions. I would ban any seller who pulls out of any auction. full stop

[Guest]

Rubbish, the system DOES facilitate this.

You have the ability to start an auction at any price you want. 

You have the ability to start and finish an auction at a time that you consider would get you the most bids and viewers. 

If you don't want to sell an item under the price you want, you can do this without pulling auctions because you've got the hump no-one wants to pay over the odds for your item.

People should take responsibility for their actions. I would ban any seller who pulls out of any auction. full stop

Yes of course they have this ability however mostly people don't want to use that because the end auction price is almost always slightly lower or there are no bids.

The psychology of auctions always favours the 99p opening bid.



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[HighlandTiger]

Just now, Numistacker said:

 

Yes of course they have this ability however mostly people don't want to use that because the end auction price is almost always slightly lower or there are no bids.

The psychology of auctions always favours the 99p opening bid.



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You seem to want it both ways. You want to be able to sell an item for maximum price, and if it doesn't happen then you have no problem with pulling an auction.

Sorry but if you want to sell on ebay you have to follow their rules, if you can't do that then as far as I'm concerned you should not be allowed on their website.

I rarely never have any bids on my items, I always start at a price I'm happy to sell at, and I time my auctions to finish on what i consider is the optimum time for the market I'm aiming at. 

[Guest]

You seem to want it both ways. You want to be able to sell an item for maximum price, and if it doesn't happen then you have no problem with pulling an auction.

Sorry but if you want to sell on ebay you have to follow their rules, if you can't do that then as far as I'm concerned you should not be allowed on their website.

I rarely never have any bids on my items, I always start at a price I'm happy to sell at, and I time my auctions to finish on what i consider is the optimum time for the market I'm aiming at. 

It's not personal and it's not what I want. Huge numbers of auctions are closed early and sales made out of eBay. Very few get to completion and the seller plays silly buggers.

If you bother to read my posts on this subject you will see that I started with "I can understand " and I followed with "I do not condone".

I have never backed out of any sales transaction but let's say u put a 1oz gold panda on auction and it hammered out at 1.99p I can guarantee you I would not be selling it at 1.99 no matter what.




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[Pete]

1 hour ago, Numistacker said:

 

I have never backed out of any sales transaction but let's say u put a 1oz gold panda on auction and it hammered out at 1.99p I can guarantee you I would not be selling it at 1.99 no matter what

 

Not wishing to disturb a hornets nest but if you are naive enough to list a 1 oz gold coin for £1.99 you are running a serious risk of underselling.
The beauty of an auction is you never know the outcome.
Sometimes an item sells way over market price so the seller is happy but likewise an item overlooked in the grand scheme of things or badly timed might give a buyer a real bargain.
Not good for the seller however.
Changing your mind because the auction is not going the seller's way should not be allowed and if this happens the seller should be banned from future listings.
If you want to put up an item for auction you can set a reserve price or starting price but of course some buyers will be discouraged from bidding but that's how it works.
Life's a bitch !

[Guest]

Not wishing to disturb a hornets nest but if you are naive enough to list a 1 oz gold coin for £1.99 you are running a serious risk of underselling.
The beauty of an auction is you never know the outcome.
Sometimes an item sells way over market price so the seller is happy but likewise an item overlooked in the grand scheme of things or badly timed might give a buyer a real bargain.
Not good for the seller however.
Changing your mind because the auction is not going the seller's way should not be allowed and if this happens the seller should be banned from future listings.
If you want to put up an item for auction you can set a reserve price or starting price but of course some buyers will be discouraged from bidding but that's how it works.
Life's a bitch !

Pete that's a crazy thing to say and clearly you did not read what was said. Go back and read it please !!!!!!!!

It's getting very frustrating when people say their stuff and don't bother to read what is written.

I am exiting this thread as this is just out of hand


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[Roy]

'I have never backed out of any sales transaction but let's say u put a 1oz gold panda on auction and it hammered out at 1.99p I can guarantee you I would not be selling it at 1.99 no matter what.'

Russell, did you write this?
 

[Guest]

Yes it means that say I start an auction at .99p as recommended by eBay. It has a value of £1,000 but for some inexplicable reason it achieves a sales price of £1.99 I would not honour the 1.99 sales price nor I believe would any forum member here.

It is not a real example and in practice it would never happen, as of course a panda would get a great price so it's an extreme illustration made to prove a point.




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[HighlandTiger]

1 hour ago, Numistacker said:

I have never backed out of any sales transaction but let's say u put a 1oz gold panda on auction and it hammered out at 1.99p I can guarantee you I would not be selling it at 1.99 no matter what.

 

And I can guarantee if that was an auction I bidded on, you'd be getting a massive dose of negative feedback, I'd make sure ebay took you to task, (hopefully with a ban)  and I'd be splashing your seller name around every forum I could find telling everyone to avoid you like the plague because you would not honour a contract you had made with both ebay and the winning bidder. 

[Roy]

Russell, I'm afraid I don't agree. I would honour it.

Let's move on now, this is getting unpleasant.

Best regards,

Roy

[Danny-boy]

I have never backed out of any sales transaction but let's say u put a 1oz gold panda on auction and it hammered out at 1.99p I can guarantee you I would not be selling it at 1.99 no matter what.

You may not have backed out of an eBay sale but you have seriously considered it, and posted on the forum to that effect.

[Guest]

Russell, I'm afraid I don't agree. I would honour it.

Let's move on now, this is getting unpleasant.

Best regards,

Roy

I don't believe in those circumstances any of you would honour it. In any event this is the last message I will be posting here on the silver forum.


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[Danny-boy]

I don't believe in those circumstances any of you would honour it. In any event this is the last message I will be posting here on the silver forum

That's a bit "toys out of pram" isn't it?

Your choice, but you are leaving the second somebody disagrees with you?

Shame

[Guest]

That's a bit "toys out of pram" isn't it?

Your choice, but you are leaving the second somebody disagrees with you?

Shame

It's nothing whatsoever to do with being disagreed with. I can take that all day. I just find that there is way too much aggression and in all honesty I feel hugely ganged up on here.



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[Murph]

 

Come on, it's only because you took an opposite stance to everyone else who had posted.

Also nobody is going to start a £1000 item at 99p and if I saw such a thing my reaction would be that it must be a fake.  I'm sure many other people might feel the same unless the seller had a good history of selling similar items and then there is almost no chance it would sell at a stupidly low price.

 

I voiced an opposite opinion on the brexit thread when I said I'd vote to stay in and found everyone was disagreeing with me but I didn't take it as a personal attack.

[HelpingHands]

I think this thread needs a 24 hour cooling off period.