Selling Expensive Items

[Anonymous]

Hello, I’ve never sold anything on EBay before but I got my hands on two custom professionally made light up signs which cost about $8,000 to manufacture. Was thinking of reselling them on here for around $4000 since the signs are used but they are very large, heavy, and expensive. With me never using eBay before i’m wondering if this is a good place to sell something like this. Seeing a lot of stories about scammers and eBay’s charge on items you sell being as high as 15%. What does everyone think? 

[nobody*s_perfect]

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@mr_lincoln wrote: ... how I have done it accepting cash at pick up which is a selection on the Payment flow in the listing tool.  Auctions or items without immediate payment required (like Offers or other) can be "purchased" by a customer but NOT paid for through eBay.  The pick up can be arranged and the Buyer pays with cash. ...

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You can tell buyers that you will accept cash, but you can't require it. When setting up the listing you have to offer an electronic payment option.

[mr_lincoln]

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@nobody*s_perfect wrote:

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@mr_lincoln wrote: ... how I have done it accepting cash at pick up which is a selection on the Payment flow in the listing tool.  Auctions or items without immediate payment required (like Offers or other) can be "purchased" by a customer but NOT paid for through eBay.  The pick up can be arranged and the Buyer pays with cash. ...

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You can tell buyers that you will accept cash, but you can't require it. When setting up the listing you have to offer an electronic payment option.

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@nobody*s_perfect   Thanks ... 

[maxine*j]

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@mr_lincoln wrote:

Hi @Anonymous 

If it were me I would sell them on eBay for Local Pick up ONLY and accept cash at Pick up. 

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eBay requires you to offer at least one form of electronic payment:

"Payment options for local pickup

In your payment options, select Pay on pickup and any other payment methods you'd like to accept.  You need to offer buyers at least one of the approved electronic payment methods, and you cannot discourage buyers from using any payment method you specified in the listing."

https://www.ebay.com/help/selling/posting-items/setting-postage-options/local-pickup?id=4181

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[maxine*j]

Ooops!  Sorry for the cross-post.

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[showmecurrency4u]

you do what you want, but i would not sell any item over about 100 WITH all of the fraud permited by ebay.

[chapeau-noir]

The 15% commission to sell here gets you national/international exposure, something that I wouldn't advise for these large, heavy and very expensive signs because of shipping, etc., so I'd just list locally/regionally for pick up. Also, it's a hassle getting set up here if it's kind of a one (or two)-and-done thing.

[mr_lincoln]

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@maxine*j wrote:

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@mr_lincoln wrote:

Hi @Anonymous 

If it were me I would sell them on eBay for Local Pick up ONLY and accept cash at Pick up. 

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eBay requires you to offer at least one form of electronic payment:

"Payment options for local pickup

In your payment options, select Pay on pickup and any other payment methods you'd like to accept.  You need to offer buyers at least one of the approved electronic payment methods, and you cannot discourage buyers from using any payment method you specified in the listing."

https://www.ebay.com/help/selling/posting-items/setting-postage-options/local-pickup?id=4181

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@maxine*j   Thank you ... 

[caldreamer]

EBAY has very low "selling limits" for new sellers (they will not allow you to sell "high value" items).   You would need to sell "cheaper items" at first (then you can ask to have "selling limits" raised).

Also bear in mind EBAY Money Back Guarantee (supersedes "no refunds") allows customer to return items by claiming "not as described, damaged, defective" (you would be forced to refund purchase price + shipping BOTH ways).  Customer does NOT have to prove their claims.  EBAY always rules in favor of the buyer.   

EBAY holds Seller responsible if item gets damaged in shipping (you will be forced to refund purchase price + shipping).  

Customer can go to credit card company (6 months after sale) and try to get "payment reversed".   If this happens...customer gets to keep BOTH item and your money.   These are all pitfalls to selling online.

EBAY will not protect will you get scammed.   

[mementomoria]

Are they neon.  Wouldn't want to ship those.  Also, since you are new, ebay will hold on to your funds for 30 days after the sale to make sure you are not a scammer. I would try local sales first. 

[adkhighker]

"eBay’s charge on items you sell being as high as 15%."

Keep in mind that there can be a big difference between the eBay fees percentage and the percentage that it actually will cost you to sell something.  Even in a category with eBay charging  13.25% for example, you will be very lucky if you only pay 15% in your cost of selling, since shipping and sales tax also get charged that fee.  The cost to sell an item in a 13.25% category often runs anywhere from 14% (if you're extremely lucky) to 30% depending on selling price, shipping cost, and sales tax.  

[soh.maryl]

Ever heard of Facebook Marketplace?  

[dbfolks166mt]

"eBay’s charge on items you sell being as high as 15%."

Keep in mind that there can be a big difference between the eBay fees percentage and the percentage that it actually will cost you to sell something.  Even in a category with eBay charging  13.25% for example, you will be very lucky if you only pay 15% in your cost of selling, since shipping and sales tax also get charged that fee.  The cost to sell an item in a 13.25% category often runs anywhere from 14% (if you're extremely lucky) to 30% depending on selling price, shipping cost, and sales tax.  

     The fees would never hit 30% unless you were promoting the item. The selling expenses may hit 30% but those are different from the eBay fees.