Question on my first eBay sale

Discussion in 'Transformers On Ebay' started by NGW, Jan 8, 2011.

  1. NGW

    NGW Rawr

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    So I found out a figure I have (the 2008 SDCC exclusive GoW Carmine) is actually worth a bit of a pretty penny. So I took advantage of the last few minutes of eBays free listing and put the thing up, starting the bidding at $20 with a BIN of $75 and $10 shipping. Now I've never sold on eBay before, so I'm not sure on how everything works. I didn't put a reserve or whatever, as that would have cost me extra. So if the thing sells at whatever price it sells at, even if I'm not happy with it, I do have to go through on it and sell it at that price right?
     
  2. Soundblaster1

    Soundblaster1 The Heisenberg of Toys

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    That's how it works.
     
  3. NGW

    NGW Rawr

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    What I figured, thanks.

    Now to hope this thing gets a good few more bids in the next several days.
     
  4. Red Hope

    Red Hope Well-Known Member

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    Yes, exactly. Only way you can sorta get out of it is by ending the auction now before somebody bids on it. You could list it solely as a BIN & Best Offer to get it closer to what you may be looking for.
     
  5. Red Hope

    Red Hope Well-Known Member

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    Ebay:
    Actually, I just looked at mine, which has bids. I can still end it now if I wanted to. You may still get stuck with some eBay fees.
     
  6. Da_Last_2_Walk

    Da_Last_2_Walk Da King Of Pre Rubs TFW2005 Supporter

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    You can end the auction within the last 12 hours. Some sellers end their auctions early if they don't get a price that they want. This is against ebay policy, but some sellers do it anyway.
     
  7. NGW

    NGW Rawr

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    Good to know. Would hate to do something kinda shady like that, not the kinda seller I'd like to be.
     
  8. Da_Last_2_Walk

    Da_Last_2_Walk Da King Of Pre Rubs TFW2005 Supporter

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    You can adjust your starting price to be your reserve if you don't have any bids.
     
  9. Red Hope

    Red Hope Well-Known Member

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    Ebay:
    I've never seen it happen. I believe the option is there in case a seller is locally selling too i.e. a newspaper. That's the only time I've seen it cut off early and sellers post a forewarning too.

    Good Luck!
     
  10. NGW

    NGW Rawr

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  11. Erector

    Erector I ruined the Hall of Fame

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    haha amazing. Love it when it goes for more than your original BIN :D 
     
  12. mykticon

    mykticon Well-Known Member

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    Ebay:
    Yea, I hate when I lose an auction for way more than the BIN price was, LOL.I kick myself in the ass all the time. Great job and glad to see you had a great first run at things.
     
  13. NGW

    NGW Rawr

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    Thanks guys.

    One downside, this being my first sale..Paypal is holding my funds. Ah well, I should get the item shipped out this week, hopefully it doesn't take too long to get to the buyer, I need that money.
     
  14. Red Hope

    Red Hope Well-Known Member

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    Ebay:
    That can vary. It helps when you have a tracking number and your buyer gives you feedback right away. They can hold it up to 21 days.
     
  15. G1_Cindersaur

    G1_Cindersaur Banned

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    after you ship it...goto into the detailed view of the transaction in paypal...there is a link at the bottom to add tracking...add the tracking #...that way ebay will see when it is delivered and you will get the release on your money sooner than later...since some buyers on ebay fail to leave feedback...
     
  16. NGW

    NGW Rawr

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    Ah, great, thanks for the tip.
     
  17. G1_Cindersaur

    G1_Cindersaur Banned

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    if you get into the habit of doing that...you will never ever have problems with people trying to file a NON receipt claim against you...because the tracking will be right there for paypal support to see...

    I have done that since day 1 and never had problems...
     
  18. NGW

    NGW Rawr

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    If I ever do get into selling more regularly I'll definitely make that a habit.
     

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