Selling on ebay.

Discussion in 'Coin Chat' started by Pilkenton, Apr 22, 2010.

  1. Pilkenton

    Pilkenton almost uncirculated

    I've bought tons of stuff off ebay, but now I want to try to sell. Is it hard to get started? The internet information confuses me. Are there any up front fees. Any info will be great. Thanks.
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Take it from someone thats been there and done that!! Its a royal pain
    In the butt, One of your first steps is you will have to establish a seller
    Account on e-bay, If you already dont have a regular account you will
    Have to have a minimum amount of transactions, I believe its 25 unless
    Thats been changed, Next you will have to establish a pay pal account
    Which is mandatory!!! Then get ready to be hit by huge fees!!!



    So whats the alternative? I suggest e-bid.net thats where i moved
    To, If you plan on selling alot i recommend a life time seller account
    Its only $44.95 and thats forever!! No listing fees, No final Value Fees
    Absolutely nothing!! e-bid doesnt have the traffic e-bay does, But
    Its painless to the wallet and another bonus is they dont force you
    To get Pay-Pal
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Sorry about the fount change!
     
  5. Mad.Outcast

    Mad.Outcast New Member

    sometimes its easier to get someone else to sell the stuff for you on ebay.
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    That,s always something to consider, But in addition to the fees you
    Will have to pay anyway to e-bay and pay-pal, You will also have
    To pay someone else to list it!! Unless you have friend who will do i
    It for free?
     
  7. Victor

    Victor Coin Collector

    Right now I am a stalled out seller not listing anything on eBay. I just hate their fees so much. I list on coinbug but it is slow with lower traffic. Some items have sold on coinbug. Other than that I list right here on the open section of CT.
     
  8. Pilkenton

    Pilkenton almost uncirculated


    What do you mean by huge fees? I want to start by selling just one Morgan. What kind of fees are we talking about? Do I have to have the money for the fees up front, or do they deduct it from the sell?
     
  9. halfdfanboy

    halfdfanboy Senior Member

  10. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    With the EBay fees and paypal fees it's cost north of 12%.

    On another note I had a buyer who won an note more then a week ago in an auction email me today and say he wanted to cancel the transaction... as he didn't have the money to pay for it... but he received positive feedback for a same series note he purchased 2 days after mine closed which he obviously paid for. There are quite a few flaky people and weirdo's on EBay. My blocked bidder list has more then 20 names on it for stuff like this. This is something you have to deal with... I got my fees back but now I have to list it again. I could and should have made him pay for it as he had agreed to... but it's not worth the hassle...
     
  11. halfdfanboy

    halfdfanboy Senior Member

    I always keep an eye on whos bidding on my items. See what their feedback rating and score is.
     
  12. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    The kicker is that I couldn't leave negative feedback for this buyer if I wanted to... there is no system in place for that... I would have to leave a positive to tell him how I feel...
     
  13. halfdfanboy

    halfdfanboy Senior Member

    Yeah, that's kinda chaped me that Ebay only allows you to leave postive, neutral, or no feedback now on dirtbag buyers.
     
  14. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter


    It's either positive or no feedback these days... no neutral anymore.
     
  15. Pilkenton

    Pilkenton almost uncirculated

    I played with the ebay calculator. I started the bid at 0.00 with 1.00 s&h. Let's say it sold for 20 bucks.

    According to the calculator, the ebay fee would be 2.90 and the paypal fee is .91. My profit is 17.19. Does this sound right? Do they take the fees from the sell or do I have to pay for it first?
     
  16. jwa_jwa_jwa

    jwa_jwa_jwa Senior Member

    Ebay will bill you for their fees on a monthly statement. Paypal takes their cut right away.
     
  17. Pilkenton

    Pilkenton almost uncirculated

    Sorry for so many questions. So when ebay bills me, do they just take it from paypal or do I have to physically send them a check?

    I went through the motions on ebay. Since I already have an account, it doesn't look too hard to do.
     
  18. jwa_jwa_jwa

    jwa_jwa_jwa Senior Member

    Ebay will charge to your credit card as of a particular day.
     
  19. halfdfanboy

    halfdfanboy Senior Member

    You can pay them via your bank account or credit card. If you don't they'll just take it out for you on a set date.
     
  20. Pilkenton

    Pilkenton almost uncirculated

    I'm going to give it a try. Thanks guys.
     
  21. onecoinpony

    onecoinpony Member

    He could actually leave a big red negative for you, as unfounded as it may be.
     
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