2010/11/19

EBay scam to watch!

There are many eBay scams out there to watch them when you sell on eBay. This article will examine some of the famous and lesser-known scams to be aware of. This is your supplier of causality, or a professional seller on eBay you need to know about these scams so that you can take steps to prevent or recognize if it happens to you.

Bid shielding

This scam is something you need to look that seller on eBay. Basically, this scam is run by two separate accounts eBay. The scam works as follows. You put your item up for auction. Assume that your item is worth $ 100, but you do not have a reserve. The first bidder (scammer) comes along and bids $ 5 on your merchandise. Immediately after this, another bidder working with the first bidder comes along and bids $ 200 for your product. Because your product only costs $ 100, you will not receive more proposals for the duration of your bid. Right before your auction ends, the first bidder withdraws and cancels their bid, leaving the $ 5 bidder the winner, the effective protection of all other potential bidders because of the offer of $ 200.

Due to the potential for this kind of scam, it's always good to have a reserve on the auction. In addition, I would put some kind of warning at the auction stating that if you suspect that the rate of screening at an auction, you reserve the right to refuse to sell. It's always a good idea to keep an eye on your auctions and monitor this type of behavior. If you think this happens to you, do not forget to inform the parties to eBay immediately.

Wholesale List Scam

This scam took advantage of the fact that many people do not pay attention or read the fine print in the auction. This scam is aimed at buyers who are looking for deals on electronics and technology products on eBay. Wholesale list scam basically an auction that looks like the seller has a special offer for a product, such as the IPod. They can have an immediate purchase of $ 40 for IPod, which costs $ 150. However, if you actually read the fine print on the auction, you will see that you're not really buying IPod. In fact, buying a wholesale list.

To avoid this scam, just make sure you read all the details of the auction before you bid or buy. Basically just use common sense. If it sounds too good to be true, it probably is, so read the auction.

Bad Scam Check

This eBay scam is exactly what it sounds like. Just check scam. someone buys your product and send you a check in payment. You get a check and send the item. However, after two weeks you will find, check out the rebound, and now you're at the point and money.

To avoid this, simply do not send any products until the check clears.

Fraudulent eBay e-mail

This eBay scam is an attempt to obtain personal information and / or eBay account information. Basically, the scammer sends you an e-mail that looks like its eBay. E-mail can refer you to a site (which also looks like eBay), where he asks you to verify your information. In fact, the site is created by fraudsters to collect your personal information and use it for identity theft. Fraudsters can be very difficult, and it looks very official.

To avoid this scam, you should be wary of all emails you receive. The first thing to do is check the email header. E-mail from eBay, ebay.com is the last part of the e-mail senders. Additional links in e-mail may be sent to you somewhere other than where they say they are. Also copy and paste the link into your browser, and only official visit of the links that start with eBay. If something looks suspicious, forward message to eBay and wait for their response. They let you know if its legitimate or not.

In conclusion, most people you have on eBay are good honest people and not trying to scam you. You can do business on eBay for many years and have never run into this. However, sometimes these things happen it is important to use common sense and use your common sense when it comes to this stuff. Just be aware that this could happen and take precautions, and you'll be fine. There are a lot of money to be made on eBay, so do not let anything scare you. Keep yourself armed with knowledge and information, and you will be successful in the auction world!

1 comment:

  1. Great advice.

    Perhaps I can just add to this that the best way I know to guard against being ripped off by online sales or auctions of any kind, Craigslist and eBay included—and whether seller or buyer—is to use a *bona fide* online escrow company. Especially for pricier items like antiques, jewelry and autos. Although it does add some cost, it takes the uncertainty out of the transaction, and that’s a small price to pay for peace of mind.

    For my money, the best bona fide online escrow (and there seems to be ten fraudulent escrow sites for every bona fide one) is probably Escrow.com (http://escrow.com). In fact, it’s the only one that eBay recommends, and is the only online escrow company that is licensed to provide escrow services all across the United States.

    PS. For more information about avoiding online scams and frauds, go to Online Escrow at Wordpress.com (http://onlineescrow.wordpress.com/)

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