another long-time eBay junkie weighing in. i am strictly on the “buying” side of the transactions (so far). i’d say that 97% have been decent experiences.
i’ve had one or two shipments where the item arrived all smashed up due to poor packing. once or twice i’ve returned items for a refund because the seller grossly mislabeled what they were selling. (honestly, who can seriously think a fan is Genuine Ivory when JAPAN is molded onto the end piece?)
OTOH, i’ve gotten some major “steals” when i found something where no one else seemed to appreciate its true worth. sometimes you get lucky. sometimes you lose out in a frantic bidding war, or a last-minute sniper tops your highest bid.
if you search for specific types of items consistently, like a certain class of collectibles, eventually you may start to recognize the names of certain sellors (and sometimes, of certain competing bidders!). but always, when in doubt, check the seller’s Feedback ratings. most of them are pretty nice people. some have really been patient when something gets screwed up in the process.
your gateway to acceptance is to promptly reply (or send) e-mails to the other person in the transaction. ditto with payments, if you’re the buyer.
i’ve heard some kvetching about the recent melding of eBay and PayPal, but i’ve found it to be a super-fast means of paying (if the buyer accepts funds from PayPal.) checking what forms of payment the seller prefers is also a good idea. you may not enjoy having to run to the post office all the time to buy money orders, if the seller won’t accept personal checks or electronic payments.
no, sellers are not always obligated to sell for the highest bid… IF… they have a reserve price set on the item. (such auctions will always have a label if that is the case.) the reserve is a secret “minimum” the buyer specifies when he sets up the auction. if the highest bid does not meet or exceed that amount, he is free to declare No Sale, and may even re-list the item. on occasion, when i’ve been the highest bidder but did not meet the reserve, i’ve been contacted by the seller who offered to sell it privately for a specified price. be warned: eBay will NOT enforce its policies for these “back door” transactions. (however, i haven’t had any problems with the few i’ve ever completed.)
Dutch auctions, if you are interested, usually sell multiples of an item in one transaction. the seller will describe the item, list how many are available (i.e., 10 books, 50 groups of beads, etc.), and what the minimum price is to purchase 1 lot. it gets tricky on these. multiple people can bid, trying to get a few (or sometimes all) of the lots. if more items are bid for than are available to sell, the winner would be the person who bids a higher price per lot. (example: 5 TVs for sale at opening bid of $10. buyer A wants 2 for $10 each; buyer B wants 1 at $15; buyer C wants 3 at $18. if that’s the status at auction’s end, buyer C gets his 3 TVs; buyer B gets his for $15, but buyer A only gets 1 TV for $10.)
eep. guess the depths of my obsession are showing. :eek: