03-26-2020 08:53 AM
I listed 3 large cans of Lysol for auction starting at $9.95 and a Buy It Now price of $74.95. I had a buyer pay for two of my listing paying the $74.95 for each. Ebay emails me payment confirmation and to ship both orders. I go to post office first thing next morning and ship both orders and file the tracking number with Ebay and buyer. Then I get an email from Ebay the payment is on HOLD.
I checked listings prior to putting up my own auctions. I saw hundreds of auctions and sold auction with much higher prices then the price I listed. Why is my auctions being put on hold and buyers returned their payments AFTER I shipped some of my orders. What is a FAIR price for Lysol? Please I can't afford to ship items and pay shipping cost and not get paid for items I shipped. Many sellers like myself have to go to the post office at risk of getting infected, is it really to much to ask for $20 to $30 for one large can of Lysol?
05-03-2020 06:41 AM
05-03-2020 07:00 AM
05-03-2020 07:15 AM
@equid0x ....Price gouging laws vary by state. Some states have no price gouging laws at all (mine doesn't).
It became federal on 3/20- so state by state does not matter anymore
PRICE-GOUGING STATUTE
The Defense Production Act of 1950, allows the President to designate materials as “scarce materials or materials the supply of which would be threatened by such accumulation” to prevent the hoarding of the materials “for the purpose of resale at prices in excess of prevailing market prices.” 50 U.S.C. § 4512
CURRENT STATUS
On March 23, 2020, the President issued executive order Preventing Hoarding of Health and Medical Resources To Respond to the Spread of COVID-19. The Executive Order invoked 50 U.S.C. § 4512 and delegated to the Secretary of HHS:
05-03-2020 07:16 AM
@andrew547 wrote:
@9llchingy wrote:I listed 3 large cans of Lysol for auction starting at $9.95 and a Buy It Now price of $74.95. I had a buyer pay for two of my listing paying the $74.95 for each. Ebay emails me payment confirmation and to ship both orders.
I have a tip for you:
Don't admit to crimes in public forums.
Also stop committing crimes. I see you STILL have cans of lysol for sale (currently $53 bid + $20 shipping).
I also have a question for you:
What is a fair penalty for profiteering off people's fear and panic in the middle of a deadly pandemic? I can't decide if it's prison or a fine. Thoughts?
3-5 years and up to $10,000 fine first offense, I think that is a fair penalty for profiteering off people's fear and panic in the middle of a deadly pandemic. However judges may use their discretion in cases where true remorse shows the defendant has learned their lesson without harsh punishment, to include deferment and suspension of all or partial sentences and also may implement community service again to be left fully at the discretion of judges and district attorneys and defense lawyers.
05-03-2020 07:25 AM
@9llchingy wrote:I listed 3 large cans of Lysol for auction starting at $9.95 and a Buy It Now price of $74.95. I had a buyer pay for two of my listing paying the $74.95 for each. Ebay emails me payment confirmation and to ship both orders. I go to post office first thing next morning and ship both orders and file the tracking number with Ebay and buyer. Then I get an email from Ebay the payment is on HOLD.
I checked listings prior to putting up my own auctions. I saw hundreds of auctions and sold auction with much higher prices then the price I listed. Why is my auctions being put on hold and buyers returned their payments AFTER I shipped some of my orders. What is a FAIR price for Lysol? Please I can't afford to ship items and pay shipping cost and not get paid for items I shipped. Many sellers like myself have to go to the post office at risk of getting infected, is it really to much to ask for $20 to $30 for one large can of Lysol?
No.
The risk isn't something you are "taking" because you are being forced to do so, you chose to admit that risk when you listed the items, you could have easily listed nothing and been free of all risk. Thus you chose to go to the Post Office, I most certainly would not have had to go to the post office over three little cans of lysol even well packed... Granted I have a HUGE mailbox because I am a smart seller who prepares for these things and I HATE going to the post office even before this pandemic because it costs me time and money that the buyers are almost never willing to pay for (which I can't blame them, I don't pay sellers to go drive to the Post Office either, they should stick it in their mailbox and save us both the $5 or $10 it's costing).
Not to mention I hate standing in line, also they don't scan packages left on the counter.
On another note I was HUGELY surprised that they would hodl money AFTER the item has shipped, on the other hand ALL money is Hodled until your buyer safely gets the product? Anyhow I may suggest stop selling items of the pandemic before they ban you from selling at all.
"items of the pandemic" 😄
It just came out like that, I swear it did.
05-03-2020 10:20 AM
@corvettestainless wrote:@equid0x ....Price gouging laws vary by state. Some states have no price gouging laws at all (mine doesn't).
It became federal on 3/20- so state by state does not matter anymore
PRICE-GOUGING STATUTE
The Defense Production Act of 1950, allows the President to designate materials as “scarce materials or materials the supply of which would be threatened by such accumulation” to prevent the hoarding of the materials “for the purpose of resale at prices in excess of prevailing market prices.” 50 U.S.C. § 4512CURRENT STATUS
On March 23, 2020, the President issued executive order Preventing Hoarding of Health and Medical Resources To Respond to the Spread of COVID-19. The Executive Order invoked 50 U.S.C. § 4512 and delegated to the Secretary of HHS:
Retail Lysol isn't a health or medical device and never has been and is not covered by the defense production act.
The institutional formulation of Lysol is not the same as what you buy at Walmart.
Medical institutions do not obtain their cleaning supplies from Walmart or eBay.
Now that this seasonal flu has turned into a nothingburger I'm sure all the vendors eBay had chased off will be absolutely thrilled to return here.
09-18-2020 02:01 PM
No the price of the store would not be fair if it sold the same price as the store. Then you would lose money instead of profit. This is some people’s income you know... If someone is willing to pay the money in order to keep safe while another risks themselves to get it and then they agree on a price, that is by definition, FAIR.
09-18-2020 02:16 PM
To the whole topic.
Hmm: retail suggested by manufacture of good would be a FAIR price.
Now an item that is no longer made, well that is a buyers market.
09-18-2020 05:33 PM
Are the restrictions on hand sanitizer and disinfectants even still in effect on eBay? I think you should be able to sell and charge what you want, within reason. Now, if someone wants to pay $40 for Purell (not within reason) because they sought it out online and agreed to pay the asking price, its none of our business and we need to find better things to do then judge others from behind a keyboard. This politically correct nonsense isn't helping anyone.
09-19-2020 12:28 AM
::sigh:: 'politically correct' is the waste basket of arguments. It's not 'politically correct', it's regulation of essential items during a crisis situation.
But I'm just here for the plop.
09-20-2020 06:12 AM
I don't think that any of us can judge what a "fair" price is. The person that is buying it for $75 certainly thinks it is fair, and plans to get at least $75 of utility out of that purchase.
Governments don't trust consumers to make rational decisions - which is a shame. If I need a can of Lysol, and am willing to pay $75 or $100 for it, I don't want any person or gov't entity coming to tell me that I can't buy it. It is immoral to stop these transactions.
Actually, this anti-gouging does nothing but prolong shortages. People have zero real incentive to pull out the stops to get consumers that they need. There are no incentives for the bloke that has an over-abundance of Lysol to release the ones that he doesn't need through eBay.
I do agree that predatory practices of buying up stocks to create shortages isn't right, and should be punished, but I see no issue with an individual profiting off of a bit of hard work and good planning.