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How to avoid getting ripped off on eBay – The seven step guide YOU cannot miss

Posted by ebayprofitmaster on July 14, 2010

You should never forget that eBay is still a marketplace, just an online one. And like any market place there will always be a conman lurking around the corner somewhere. Perhaps the “Del Boy” Basically-good-but-still-a-bit-dodgy type, or even worse!

(For those that do not know, Del Boy was an unofficial market trader in a comedy set in London, UK. Every episode he tried selling something that basically did not work, and usually was something that had fallen off the back of a lorry, so-to-speak! But he was just trying to make money for his family, so everybody loved him)

Only Fools and Horses – The Complete Collection [DVD]

If you want to avoid getting ripped off on eBay by people like that, you will find that it is slightly harder in the online world. However I do have seven tips that will help you to avoid these con men.

1. If something seems that it is too good to be true, then it almost certainly is, and this is the same with everything else in life. If something is way too cheap then it might either be of low quality, or it may be genuine but stolen!
Always do extra checks when your suspicions are raised, and asked the seller extra question before bidding/buying.

2. be aware of the actual value of eBay items before you start bidding on them. Some people bid such high amounts that they could have bought something brand new rather than getting it on eBay. Don’t get auction fever as David Dickinson would say!

3. Never conduct any part of your trades outside of the eBay system. There are some Occasions when people might ask you to pay them the money you owe them away from eBay, so that they can avoid the fees that eBay charges sellers. The money that you pay them in this fashion is at your own risk entirely – no protection from PayPal!

4. Beware of the sellers who suddenly start selling really expensive items, when in the past they have only sold cheap stuff. It might well be that they are planning on doing a bunk! (Disappearing with your money) I myself experienced a seller that did this once!

5. A really clever one this! Watch out for “shill bidder” If you keep getting outbid on an item by a eBay member that has not bought something before, it could just be the seller trying to raise the price at which you will have to buy his item. (It’s possible to have multiple eBay accounts, and so they could be bidding from another account they own. I myself once had two accounts – one for buying and one for selling, which is a very useful tactic everyone should use!)

6. Never use non Pay electronic methods of payment. Although this is becoming a bit old fashioned now, you can still use paper methods of payment such as cheques and postal orders. However these methods make it much more complicated to prove that payment has been made. It is therefore much more satisfactory, in terms of speed and proof, to use electronic methods of payment each and every time you use eBay.

That is a really great way how to avoid getting ripped off on eBay, but the best way has to be the next step!

7. Just stick to buying from trustworthy sellers. You can easily check which sellers have a good reputation on eBay. Every seller has their feedback rating number next to their eBay username. The higher that number, the more times they have been involved in a transaction with another eBay member.

The percentage figure will tell you how much of their feedback is positive feedback. Everyone starts off at 100%, and you would expect some drop off if they are selling a lot, but basically you want to find a high percentage number next to the feedback rating number.

These two figures combined will tell you that this seller can be trusted, as they make lots of sales that end well.

Now that we have covered how to avoid getting ripped off on eBay, I want to take a proper look at feedback ratings next time, as people will want to make sure you won’t rip them off!

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