What would you think about ebay wins being paid for instantly and automatically?

tylermckinzie · 08-08-2016, 11:54 AM

My friend and I were talking last night about our skepticism of a lot of highend ebay auctions, shill bidding, and all the normal sky is falling stuff of the hobby, and we veered into an interesting topic. If ebay automatically and instantly deducted an auction win over $500 from the buyers account and the conclusion of an auction, would that help end the shenanigans? If you knew when you placed a bid that it was coming from your bank account everytime, would that limit fraud?

Too many ways to get around not paying for auction wins right now. Non-payment means very little. Shill bidders have little to fear. Just wanted to see the thoughts of others on here. I think this is a boon for fears of consignment sellers not being true valuations- I could create my own listing, have my friend buy it at a ridiculous buy it now, and then refund him under the table..... but as far as PWCC and Probstein go, consignment sellers should be free of this type of stuff.

Just wondered what others had to say about this.

SteveO21 · 08-08-2016, 12:11 PM

I think this is why you see less auctions these days and more BIN listings, because with a BIN listing you can require immediate payment if someone hits the BIN.

Orangejello727 · 08-08-2016, 12:14 PM

Probably just see an increase in more returns.

tylermckinzie · 08-08-2016, 12:16 PM

Quote:

Originally Posted by SteveO21

I think this is why you see less auctions these days and more BIN listings, because with a BIN listing you can require immediate payment if someone hits the BIN.

I list more buy it nows because I have more control over a selling price. Auctions are great for the "hot" item or good timing, but I do a lot better sifting offers and countering. But, in relation to the consignors with the highest of high end that everyone seems to be leery of, they do auctions 99% of the time.

tylermckinzie · 08-08-2016, 12:16 PM

Quote:

Originally Posted by Orangejello727

Probably just see an increase in more returns.

Fair concern- but why does anyone need to return a graded card that is accurate in it's description?

tylermckinzie · 08-08-2016, 12:23 PM

Quote:

Originally Posted by Orangejello727

Probably just see an increase in more returns.

And on a second note- if ebay limited returns on cards to 30 days, do you think people taking advantage of returns would bid on so many items and go to the trouble? I think a lot of returns right now are based on the market being lower 3 months later. If they didn't get that window, would it still happen?

1yunggun · 08-08-2016, 12:27 PM

Quote:

Originally Posted by tylermckinzie

Fair concern- but why does anyone need to return a graded card that is accurate in it's description?

Maybe to boost up the prices of a similar card they already own? Buyers' remorse? Bait and switch (if ungraded/unnumbered ) THere are lots of reasons why people do what they do.

This will prevent SOME people from bidding on items they don't want, but in the end they still have ways around it! For the reasons above and many more, I'm slowly moving towards all COMC and trading on BO. Too many headaches on ebay no matter how hard you try!

Orangejello727 · 08-08-2016, 12:30 PM

Quote:

Originally Posted by tylermckinzie

Fair concern- but why does anyone need to return a graded card that is accurate in it's description?

All im saying is people will find a way to return and get a refund on an item they truly dont want. Graded card? Its your worst nightmare. Since the card is graded/slabbed, what is stopping the buyer from chipping the slab or just plain breaking and claiming not as described? When that happens, not only are you going to have to give a refund but you are no essentially out of a properly slabbed card. You as a seller lose even more because of the stipulations you created.

Quote:

Originally Posted by tylermckinzie

And on a second note- if ebay limited returns on cards to 30 days, do you think people taking advantage of returns would bid on so many items and go to the trouble? I think a lot of returns right now are based on the market being lower 3 months later. If they didn't get that window, would it still happen?

People will always find a way to get what they want. The more loopholes you make them jump through to get their money back, the more risk you take at not getting back your product in the original condition. Its a waste of time for the seller and more effort than they should bave to put up with.

The more I think about it, the more it would be great to going back to the old ways of doing card trading. Cardshows where you see the product and pay cash!!

tylermckinzie · 08-08-2016, 12:34 PM

Quote:

Originally Posted by Orangejello727

All im saying is people will find a way to return and get a refund on an item they truly dont want. Graded card? Its your worst nightmare. Since the card is graded/slabbed, what is stopping the buyer from chipping the slab or just plain breaking and claiming not as described? When that happens, not only are you going to have to give a refund but you are no essentially out of a properly slabbed card. You as a seller lose even more because of the stipulations you created.

People will always find a way to get what they want. The more loopholes you make them jump through to get their money back, the more risk you take at not getting back your product in the original condition. Its a waste of time for the seller and more effort than they should bave to put up with.

The more I think about it, the more it would be great to going back to the old ways of doing card trading. Cardshows where you see the product and pay cash!!

Not trying to discount your opinion at all- I agree with your views in a way. I don't think there is a foolproof answer.

Cavaliercards · 08-08-2016, 12:46 PM

Quote:

Originally Posted by tylermckinzie

And on a second note- if ebay limited returns on cards to 30 days, do you think people taking advantage of returns would bid on so many items and go to the trouble? I think a lot of returns right now are based on the market being lower 3 months later. If they didn't get that window, would it still happen?

eBay can limit them and Paypal still allows longer returns and credit cards do as well, so people would just call their CC and get it reversed.

saraceno21 · 08-08-2016, 01:08 PM

It would be nice if ebay gave buyers the choice to flip a switch on their ID which would enable automatic payment as soon as an auction they were bidding on was over in exchange for a 1% discount. Buyers could choose to allow this type of bidder on their auction or not.

Orangejello727 · 08-08-2016, 01:11 PM

If you really want to make people held liable to the bid and winning an auction then ebay needs to find a way to tieing an agreement of purchase of an auction payment with a persons credit score. Any non payment becomes a deliquency that impacts your credit score. That would get people in line with non payment issues.

tylermckinzie · 08-08-2016, 01:39 PM

Quote:

Originally Posted by Orangejello727

If you really want to make people held liable to the bid and winning an auction then ebay needs to find a way to tieing an agreement of purchase of an auction payment with a persons credit score. Any non payment becomes a deliquency that impacts your credit score. That would get people in line with non payment issues.

LOL- find it entertaining that I switched my ebay invoice payment method when my credit card changed and there was an error for one month and I was noted as delinquent because I hadn't put it new information. Straightened it out with one phone call.

Failure to fulfill obligations to paying ebay definitely causes a problem, but failure to pay for auctions on ebay isn't as serious :-)

Orangejello727 · 08-08-2016, 01:51 PM

Quote:

Originally Posted by tylermckinzie

LOL- find it entertaining that I switched my ebay invoice payment method when my credit card changed and there was an error for one month and I was noted as delinquent because I hadn't put it new information. Straightened it out with one phone call.

Failure to fulfill obligations to paying ebay definitely causes a problem, but failure to pay for auctions on ebay isn't as serious :-)

That can all be changed if payment for auction ends were actually payable to Ebay and not a seller. Once paid, the seller would get their portion less %. But it cant be done because technically ebay does not hold the product which it would have to do so in order to accept the payment instead of the seller.

I dont know how they set that process up, but it would be great if ebay auctions were tied to ones credit score in terms of payment/non payment.

xavieronly1 · 08-08-2016, 02:29 PM

If you want to remove shilling, just ask ebay to change the bidding system.

Currently ebay uses the system that the final price is based on the 2nd highest bidder + $x. It does not go by the 1st highest bidder's "true" bidding price. Assume the auction is legit, the 1st highest bidder actually gets to pay less than what he/she puts in the system.

08-08-2016, 11:54 AM	#1
tylermckinzie Member Join Date: May 2014 Posts: 1,334	What would you think about ebay wins being paid for instantly and automatically? My friend and I were talking last night about our skepticism of a lot of highend ebay auctions, shill bidding, and all the normal sky is falling stuff of the hobby, and we veered into an interesting topic. If ebay automatically and instantly deducted an auction win over $500 from the buyers account and the conclusion of an auction, would that help end the shenanigans? If you knew when you placed a bid that it was coming from your bank account everytime, would that limit fraud? Too many ways to get around not paying for auction wins right now. Non-payment means very little. Shill bidders have little to fear. Just wanted to see the thoughts of others on here. I think this is a boon for fears of consignment sellers not being true valuations- I could create my own listing, have my friend buy it at a ridiculous buy it now, and then refund him under the table..... but as far as PWCC and Probstein go, consignment sellers should be free of this type of stuff. Just wondered what others had to say about this. __________________ Over 1200 feedback on sportscardforum under same name + 300 on ebay. Lots of references on here from previous deals. Not new to online trading, don't worry!

08-08-2016, 02:29 PM	#15
xavieronly1 Member Join Date: Sep 2011 Posts: 13,006	If you want to remove shilling, just ask ebay to change the bidding system. Currently ebay uses the system that the final price is based on the 2nd highest bidder + $x. It does not go by the 1st highest bidder's "true" bidding price. Assume the auction is legit, the 1st highest bidder actually gets to pay less than what he/she puts in the system. __________________ Instagram IG: xavieronly1

08-08-2016, 12:11 PM	#2
SteveO21 Member Join Date: Dec 2013 Location: near the cards Posts: 10,810 vintagepacers Steve_O_21	I think this is why you see less auctions these days and more BIN listings, because with a BIN listing you can require immediate payment if someone hits the BIN.

08-08-2016, 12:14 PM	#3
Orangejello727 Member Join Date: Mar 2011 Posts: 19,085	Probably just see an increase in more returns.

08-08-2016, 01:08 PM	#11
saraceno21 Member Join Date: Jan 2011 Location: New Hampshire Posts: 1,350 Saraceno21 Saraceno21	It would be nice if ebay gave buyers the choice to flip a switch on their ID which would enable automatic payment as soon as an auction they were bidding on was over in exchange for a 1% discount. Buyers could choose to allow this type of bidder on their auction or not.

08-08-2016, 01:11 PM	#12
Orangejello727 Member Join Date: Mar 2011 Posts: 19,085	If you really want to make people held liable to the bid and winning an auction then ebay needs to find a way to tieing an agreement of purchase of an auction payment with a persons credit score. Any non payment becomes a deliquency that impacts your credit score. That would get people in line with non payment issues.