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Some greedy people out there


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  #1  
Old 03-16-2013, 09:38:31 AM
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Kelly Barnett Kelly Barnett is offline
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Default Some greedy people out there

I can't understand what the mindset is of people that list items on e-bay for an auction with a low start to actually get bids on an item then buy the item back because evidently they didn't think it was going high enough. I know of at least one person that has been doing that and in the mean time he is padding his own seller rating in doing so. Then after the items sells it shows back on there with an outragiously high buy it now price. I thought the point of placing things on e-bay was to sell the item on an "auction" format and actually try to sell the item and not trying to find the lonely soul that just has a weak moment and commits to a high price item. When you see items on the auction site for over a half a year it makes me wonder why would one tie up there money in an item when it could be put to better use in other areas. Maybe it is a new format to show people that mindset "See what I have and if you want it you will pay through the nose to get it". It gets frustrating to go to e-bay and see that 1/2 to 2/3rds of the items are on there months on end and nothing changes. A person has to sift through the items and maybe see a "new" item that someone actually wants to sell for market value and get rid of it. Sorry for the rant, but I had to get this off my chest. I hope the best in everyone's quest to find items to add to ones collection hobby. Take care.
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Old 03-16-2013, 09:56:03 AM
Jim Cobb Jim Cobb is offline
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Default Re: Some greedy people out there

Hello Kelly,
I like ebay because you can find things you want in most cases.
And if you have something to sell it will let you know what it is worth not what you think it is worth.
I have listed a lot of things and they were sold rof a lot more than I expected,plesaent surprise.
Like you I often wonder why some times you see the same item listed over and over and I think this seller is not smart enought to know the value of the item is what someone will pay.
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Old 03-16-2013, 10:58:15 AM
Kevin O. Pulver Kevin O. Pulver is offline
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Default Re: Some greedy people out there

Kelly,
I understand and agree with your frustration. But I think it's a tiny minority of the items and sellers out there. To say that, " 1/2 to 2/3rds of the items are on there months on end and nothing changes" is a gross exaggeration.

I don't like it when someone ends an auction early and then relists it because they figured it wasn't bringing enough. I also don't like it when they have a good healthy starting price, and then brag "NO RESERVE!"
Their high starting price is essentially a "reserve" (low limit) whether it's listed as a "reserve auction" or not.
Thankfully, that only happens to me about 3/4 to 7/8 or the time.

You might feel better if you send the seller a question through ebay.
You could ask them how the fishing is going, and tell them how many months it's been that they haven't got anyone to bite, and recommend they try other bait. etc... Or tell them you'd like 2 or 3 of the item, and ask if they'll cut you a volume discount.
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Old 03-16-2013, 09:25:29 PM
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OTTO-Sawyer OTTO-Sawyer is offline
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Default Re: Some greedy people out there

If you can sift through the feedback and items sold and resold and PROVE that the person is bidding on and buying their own items then report them to eBay for having multiple accounts.

I've had items on there that I listed over and over until they sold, some of which I lowered the price on a little each time in hopes of getting them sold even if I sold them at a loss, getting a small fraction of what I paid for them, and I've had items that I stuck with my start price and relisted multiple times before the 'right person' finally found them that needed that particular part. I had a set of 1962 Oldsmobile hubcaps that took a Year and One Week to sell, and I've had other items where I started at my minimum and had multiple outragiously high bids on before I even got the confirmation e-mail that they were listed. Best one like that was a 1917 Indian Motorcycle amp gauge I had that I started at $29.95 (just under the $30.00 teir for the next higher listing fee) thinking it might sell of $75.00 ot $80.00 and it had a $200.00 opening bid before I was notified the listing was active. Five mintues later it was over $280.00 then slowed down till closer to the end of the auction. Wish I had a trunk full of them to sell, but sadly I only had the one. It all depends on what the item is and how many people are looking for it at any given time. Some things sell quickly and some take multiple listings

Some of those Long Running auctions are also because the seller has Multiple Identical parts to sell, and they keep relisting over and over until they're all gone. I did that with a couple hundred 6 inch steel wheels that I sold in sets of 4 until I eventually ran out of them.

As far as someone bidding on and buying back their own stuff though... I think they would be coming out on the losing end of that deal, because even with the Free Listings in most catagories now, they are still paying the final selling price fee on everything they buy back, which can be higher than what the listing fee's used to be. The only way to avoid that would be to list themselves as a non paying bidder to get the fee's reversed.
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Old 03-17-2013, 02:34:05 AM
dalmatiangirl61 dalmatiangirl61 is offline
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Default Re: Some greedy people out there

You have to understand sellers and the quantities we purchase, I have some ads that have been running on ebay for 5+ years for the exact same item, I started with a shipping container crammed full of them, as long as a few sell per month I'm fine. There are other items which I sell 1 per week guaranteed, bidding starts a $9.99 every sunday night, yet I add 2 more to inventory every week, a quick glance at ebay title might give the impression that its the exact same item, yet each week its part# and specs change slightly. I have a couple items that although they do not move, plain and simply I have the only ones available, if you want that item pay my price, if you find them for less you better buy them, if not, I might buy them to protect my price
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Old 03-17-2013, 12:49:13 PM
Handlebar99 Handlebar99 is offline
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Default Re: Some greedy people out there

Ebay, with all its aggravating problems, has still created a market for buyers and sellers that never existed before. You can find things, with a few mouse clicks, that you could never find in a million years of searching flea markets and classifieds. Is some stuff laughingly overpriced? You bet, but the same problem exists with flea market sellers--some folks just have a much higher regard for their stuff than I do. I don't get upset about it -- I just keep on, keeping on.

I have been known to relist items, multiple times, before they sell. Not everyone searches ebay everyday and if you don't relist an item you can miss an interested buyer.

Ray Rice, buying and selling to support my hobby, in Rifton
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Old 03-17-2013, 02:18:20 PM
Ed Westen Ed Westen is offline
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Default Re: Some greedy people out there

eBay is just a means of getting buyers and sellers together to exchange money for a product. It's not really different from classified ads, stores in a mall, an auction or a flea market in that there are both fair sellers and also people that are impossible to deal with. I'm sure we all have stories about trying to buy or sell in any of those venues that are a study in frustration. Sometimes the seller really needs to sell his item to pay bills and other times he is just trying out a high price on an item that he doesn't really want to sell. Sometimes the seller seems to be playing games for his own amusement and the poor schmuck that's trying to buy would be better off just walking away. I try not to worry about the process and enjoy the good luck of an occasional success.
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Old 03-25-2013, 02:50:03 PM
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Default Re: Some greedy people out there

Quote:
Originally Posted by Kevin O. Pulver View Post
Kelly,
I also don't like it when they have a good healthy starting price, and then brag "NO RESERVE!"
Their high starting price is essentially a "reserve" (low limit) whether it's listed as a "reserve auction" or not.

The only way I sell is to set the starting bid at the minimum I will accept.
Everybody knows, straight up, what it will take, there are no incremental bidding games to find out what the reserve is and there are no additional ebay fees for listing a reserve bid auction.
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Old 04-01-2013, 06:05:52 PM
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Default Re: Some greedy people out there

I recently watched an item to see what it went for. It was at around 1200 dollars for a while. With about 3 seconds left it jumped to 2100. I'm still scratching my head on that one. The item was listed previously and didn't meet the reserve, then relisted. Could this have been a buy back as mentioned?
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Old 04-02-2013, 12:17:14 AM
dalmatiangirl61 dalmatiangirl61 is offline
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Default Re: Some greedy people out there

Sounds like 2 snipers came in at the last second, if there had been only 1 it might have gone for $1250. One of the items I list on auction format sells every time, I think the lowest has been $18.50 and highest $112, it just depends on how many people want that item that night
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