Ebay Auctions

Ebay Auctions

Ebay auctions are just plain FUN...especially the last few minutes before the bids close.
Those last few minutes of an auction can raise your heart rate by more than a few beats per minute! They are fun for both the sellers and the buyers.

Ebay auctions are open to every eBay seller. To sell without using the eBay auction, that is sell at a fixed price, requires that a seller have a feedback rating of at least 10 or to be ID verified.

The ID verification process takes some time and can cost as much as $5. Most sellers use eBay auctions at least in the beginning.

To put an item on an Ebay auction is a fairly simple matter. You fill out the SYI (Sell Your Item) form.

The first thing to decide is in what category to list your item. It might fit into several categories and you can list it in all of the categories for which it is eligible but remember that you will be charged a fee for each category.

If you have a problem deciding on the best category, eBay will suggest categories for you.
The next few steps are pretty self explanatory. You title your item. A title that is as descriptive as possible is best.

You should avoid using words like, great or fantastic because your words are limited here.
You set a starting bid price. That is you set the lowest price for which you will sell the item. This is important. Set it high enough that you wont lose money but low enough to attract bidders.

Choose the length of time the auction will last. Most people choose between 5 to 7 days to gain as much exposure and allow time for as many interested buyers as possible to bid on the item.

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