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Six Steps Towards Successful Buying at eBay Auctions

Buying on eBay can be very rewarding, either in terms of being able to pick up items cheaply or for hunting for hard to find items. Although generally the experience is good, there are instances where things can go badly wrong. These tips, based on experience over the last seven years, should help to avoid some of the potential pitfalls.

1. Make use of the various tools provided on eBay to ascertain the target price of items you are interested in. A simple way to do this is to 'search' for completed items.

2. Always check that there are no hidden costs associated with your potential bargain. These may may include unspecified unspecified postage costs, or paypal fees chargeable to the buyers. If in doubt e-mail the buyer and if you don't get a response then don't bid. Remember that when buying from overseas postage costs can be significant compared to the price of the item and also for more expensive items you may be liable to customs fees.

3. Check out the seller's feedback. You should be aiming to buy from sellers with feedback of at least 98 per cent - if it is less and you are interested in an item read the feedback comments to satisfy yourself that the buyer provides a good service. In particular, read the neutral and negative feedback posts to try to work out what may have gone wrong with previous transactions.

4. Don't get carried away and end up bidding more than need or want to. Some items appear very frequently on eBay and it may be worth setting yourself a limit and waiting for the next one to come along.

5. If you find you are often being outbid at the last moment, consider using a sniping software which you can use to automatically submit a bid in the last few seconds of the auctions.

6. Where possible, use Paypal to pay for items on eBay. The sellers get their payment quickly, and there is a degree of protection for buyers if things go wrong. eBay (via My eBay) provides a number of tools for monitoring progress on your transaction.

Stephen Reynolds

MusicShopper.info is a great resource for music lovers. Providing information and resources about music shopping, it also has an extensive range of music reviews, music competitions and giveaways, and a popular discussion forum. It is also an important music reference source with a music website directory of more then 1,000 hand-picked sites listed. MusicShopper forum and newsletters subscribers are entered into monthly draws for Amazon voucher.

In The News:


Vuvox Brings Rich Slideshows To eBay Auctions
Washington Post, United States - 16 hours ago
But until recently users had to go to Vuvox's homepage directly if they wanted to include a widget as part of their auction. Now, eBay is conducting a pilot ...

Boston Globe

Mass. auctions off abandoned property on eBay
Boston Globe, United States - Dec 1, 2008
Treasurer Timothy Cahill says unclaimed property will be auctioned live from noon Thursday until Dec. 15. Some 100 new lots will be posted on Dec. 4, Dec. ...
Cahill puts 300 items of abandoned property on eBay Politicker MA
State putting unclaimed booty on the Internet auction block Trading Markets (press release)
all 13 news articles

Generals to hold two jersey auctions
OurSports Central (press release), WI - 7 hours ago
Ten jerseys will be auctioned off and the fans will get to decide if they want home or road. The auctions will take place in the lobby immediately following ...
Komets add Leo Thomas to roster OurSports Central (press release)
Komets improve to 9-6-1, Thunder rolls in Saturday OurSports Central (press release)
all 3 news articles

3 News NZ

Milkpowder prices dive in Fonterra online auctions
New Zealand Herald, New Zealand - 6 hours ago
Fonterra says whole milkpowder prices today fell for a fifth time in its internet auctions, taking them to their lowest in more than two years. ...
Fonterra Milk Powder Prices Decline for Fifth Month (Update1) Bloomberg
all 29 news articles

Business Wire (press release)

Inland Real Estate Auctions, Inc. successfully sells Highland Park ...
MarketWatch - Dec 1, 2008
19, resulting in a successful sale just six weeks after Inland Real Estate Auctions was engaged to sell the property. "This is a great example of why the ...
Robert and Melissa Storment of Real Estate Auction Associates ... Business Wire (press release)
all 12 news articles

Obama Photo Op, Two Inaugural Seats Draw $62500 Bid in Auction
Bloomberg - 13 minutes ago
The Obama meet and greet, which is being auctioned off to benefit the Samuel Waxman Cancer Research Foundation, has fetched a top bid of $62500 since it was ...

WHDH-TV

Town of Stoneham auctions off fire truck
WHDH-TV, MA - Dec 1, 2008
The Public Works Department is putting a 1972 fire engine up on the auction block. Silent bids for the truck will be accepted through Friday and even though ...
Fire on Forest Street consumes garage; fire truck wouldn’t start Winchester Star
all 2 news articles

Treasury Auctions $28 Bln. In 26-Week Bills
RTT News, NY - Dec 1, 2008
(RTTNews) - The US Treasury Department auctioned $28 billion of 26-week bills on Monday, with results showing little change in demand for the securities ...

Abercrombie Auctions International hosting Grand Auction during ...
Auction Central News, NY - 11 hours ago
Now - you can put Auction Central News Headlines right on your site! With this handy widget, your site's visitors can stay current on all the news in the ...

Rascal Flatts in Two eBay Auctions
Great American Country, TN - 7 hours ago
2, 2008 — Christmas is a giving season, and Rascal Flatts is hoping their participation will net funds for a couple of worthy charities in online auctions ...
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