Getting Rid Of Overpriced Ebay Scammers
Here's an idea---Ebay should charge sellers a percentage of the opening bid or BIN price to list an item say 5%. Then charge 8% when the items sells. This would get rid of the high priced scammers looking for a rube to buy their fake description. I'm thinking particularly in the Coins Category where evil sellers are asking $1000 for a "rare" 1950 penny with no mint mark or phony errors that they hope some uninformed rich person will buy.
5 comments
albertabrightalberta
·5 months ago@steinboy1956
Sellers can list items for whatever price they want. If it's overpriced, it won't sell. Or better, if someone wants it enough, they'll pay whatever price it takes to get it.
But it's not for you or ebay to decide what's overpriced.
BTW, if an uninformed seller underprices their item(s), do you contact them and tell them they should charge hundreds more than they've listed it for? Or do you buy it and snicker at the ignorance of the seller for not knowing what it was worth?
kibble-net
·5 months agoHere's an idea:
No.
pickapaper
·5 months ago@steinboy1956
Changing the selling structure wouldn't change the fact that there are scammers out there. Also, eBay charges their fees on the final sales total so they would lose money if they changed to what you suggest.
Just in the U.S. coins category alone, there are almost 2 million current listings on eBay. eBay has no way to know if the coins are legitimate or not and no way to know if the seller is legitimate or not. Also, eBay has no way of knowing what a seller advertises is what that seller actually sends. That is why they put holds on any funds from sold items from new sellers and why they have a Money Back Guarantee for buyers.
It is up to a buyer to vet a seller before making a purchase, i.e. where they are located, are they selling something too good to be true, what does their feedback look like, and so on. If a buyer buys something that is not as described, they can file a claim and return it for a refund.
I can't imagine someone spending the kind of money quoted above on something they know nothing about. Those "uninformed rich people" probably buy from a legitimate dealer that they have researched and know what they will be getting. I would guess that the "real victims" are those people who are not knowledgeable about coins and see a listing that looks too good to be true so they jump on it thinking they are getting a bargain.
loveitresale
·5 months agoI seen a seller trying to sell a monster box of silver eagles, supposedly sealed, but different years for over $13000.00, which is a total joke. 1. The mint does not mix years in their sealed monster boxes. 2. This would be about $98000 over priced. This seller is totally taking advantage of people that are just wanting to get into buying Silver Eagles. Your solution would work in this case. See how bad he really wants to sell at that price. I contacted Ebay about 3 weeks ago about this, and they have given me no response.
tryno2
·5 months agoMight want to check your answer. You said $13,000 is overpriced by $98,000