Ebay Ending An Auction Early Ripoff Fees!!!

I guess Ebay has found a way to get more money from their honest sellers who list and sell authentic autographs.

I recently, for the first time in a long time, decided to list one of my items starting with a .99 cents starting bid.

I usually use "Buy It Now/Best Offer" for the few listings I submit.

Due the fact that it is impossible to compete with forgeries and shill bidding, I decided to cancel my auction.

Low and behold, I looked at my Ebay account and was wondering why my selling fees (so far this month) were so high because I hadn't sold anything.

Well, Ebay billed my account 10% of the highest bid amount at the time I cancelled my auction.

So while the scam sellers of Ebay and their shill bidders run amok on Ebay, honest sellers get penalized because they are unable to compete with sellers of forgeries and the shill bidders they employ.

Let's not forget that Ebay continues to profit from the sales of forgeries and shill bidding.

Remember the adage "An item is only worth what someone is willing to pay for it."

That adage no longer applies with listings on Ebay.

On many of the hobby websites you read about hobbyists complaining about sellers who only use "Buy It Now/Best Offer" listings

They have no choice but to use "Buy It Now/Best Offer" listings.

The only other alternative is to submit your listing at the minimum amount that you will accept for your auction.

So here we have Ebay discovering and implementing another way to dip into the pockets of the honest seller who cannot possibly complete with sellers of forgeries and the shill bidders that they employ.


Views: 1390

Tags: An, Auction, Early, Ebay's, Ending, Fees!!!, Mantle, Mickey, Ripoff, Scam, More…Shill, and, bidding, forgeries, of, seller

Comment by burneggroll on October 22, 2015 at 3:00pm

That is a lot of screaming from an "honest seller" engaged in an unethical practice.  You entered into a no reserve auction contract with eBay and with your bidders.  You cancelling the auction because you didn't like the price result is shameful.  By definition, the winner of an auction pays more than anyone else would. And that is not good enough for you? No reserve auctions are not for the faint of heart. You need to have faith in the salesmanship of your ads and understand that most of the high dollar action comes from bid snipers during the closing minutes.

Comment by burneggroll on October 22, 2015 at 3:08pm

As for competing with sellers of forgeries and the shill bidders that they employ, you don't. Those are not your customers. You want knowledgeable buyers that can appreciate your professionalism.  Those are the people willing to pay more for real  quality. You won't get those customers by playing chicken**** and closing auctions early.

Comment by terrier8HOF on October 22, 2015 at 4:07pm

and what color is the sky in your world?

Comment by Joe W. on October 22, 2015 at 4:19pm

Harsh! I think we strayed off the track a bit. If a seller starts an auction and it doesn't have any bids they may end it early and the listing fee still applies. If a seller starts an auction and it has bid activity and ends the auction early they pay the fee on the price the item was at when it was ended. That is discourage the practice of ending an auction because a seller fears they will not get what they want. And, it does anger the bidders. I believe that is a fair and reasonable policy.

I also believe, getting off track a bit, that good sellers once they have established a good reputation will sell more at a slightly higher price. Like any business, it's your repeat customers that will take your business to the next level.

Comment by Steve Cyrkin, Admin on October 22, 2015 at 4:48pm

Burnedeggroll, no profanity please.

Comment by Christopher Williams on October 22, 2015 at 4:52pm

First, this is not a business for me.  I sell items when I want something that I desire to own.

Lesson learned on my part.

Comment by burneggroll on October 22, 2015 at 6:12pm

Christopher Williams I wish you continued successes. If you are looking for a less hectic way to sell, I suggest Amazon and Bidstart. Neither charges a listing fee. Your only cost is a % when the item sells. BTW - my sky has no limit.

Comment by Christopher Williams on October 23, 2015 at 3:56am

I've been criticized for "unethically" ending my auction early, but unlike Ebay sellers of forgeries and shill bidders, I was penalized for my auctions and I accept that and paid the price.

Comment by Christopher Williams on October 23, 2015 at 4:02am

@Burneggroll, thank you very much.

Learned my lesson here. 

It was the first time in years I started an auction at .99 cents and I was not aware of the penalty for ending an auction early.

I paid the price.

Comment by Joe W. on October 23, 2015 at 4:02am

I don't consider it unethical, many large auction houses "withdraw" an item before the hammer falls. The fee for doing so is justified. IMO.


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