Tuesday, October 19, 2010

Warning-the EBay Scams To Watch Out For


There are many eBay scams out there to keep an eye out for when buying or selling on eBay. This article will cover some of the cheats known and not so well known to be aware of. If you are a professional in eBay, causal buyer or seller, you need to know about these scams so that you can take steps to prevent or recognize if is happening with you.

Bid Shielding-this farce is something you need to watch out for as a seller on eBay. Basically the scam is executed using two separate eBay accounts. The scam works as follows. You place your item in auction. Let's say that your item is worth $ 100 and you have unreservedly. The first bid (scammer) comes along and $ 5 bids on your item. Soon after that, another bidder, working with the first bid comes along and bids $ 200 on your item.Since your article is only worth $ 100, you will receive no more bids for the duration of your auction. right before your auction ends, the first bid backs out and cancels his candidacy, leaving the bid $ 5 winner, protecting effectively all other potential candidates because of offer of $ 200.

Because of the potential for this schema is always good to have a reservation on your auction.Moreover, I would like to put some sort of disclaimer on your auction saying that if you suspect offer protection on your auction, you reserve the right to withdraw from sale is always a good idea to keep an eye on your auctions and watch this kind of behavior. If you suspect this is happening with you, be sure to inform the parties to eBay.

Wholesale scam list-this farce takes advantage of the fact that many people don't pay attention or read the fine print at an auction. This scam is intended for buyers who are looking for deals on electronics and technological items on eBay.The scam of wholesale list is basically an auction that it seems that the seller is offering a large quantity of a product such as an iPod for example they may have a buy now price of $ 40 for an iPod that is worth $ 150. However, if you actually read the fine print about the auction, you will find what you're buying really the iPod. You are actually buying a wholesale list.

To avoid this scam, just be sure that you read all elements of the auction before making an offer or a purchase. Basically, just use common sense. Looks too good to be true, it probably is, then read the auction carefully.

Bad Scam Check eBay scam-This is exactly what it sounds like bad Check scam. is simple. Someone buys your item and sends you a check as payment. You receive the cheque and send the item. However, 2 weeks later you discover the check bounces and now you're out of your item and money.

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

Spoof eBay emails eBay scam-This is an attempt to obtain your personal information and/or account information from eBay. Basically the scammer sends you an email that looks like it is eBay. The email can direct you to a site (which also seems eBay), where it asks you to verify information.In reality, the site is created by the scammer to collect your personal information and use it for identity theft.The scammers can be very complicated and make everything look very official.

To avoid this scam, you will need to be careful of any email you receive.The first thing you need to check is the email header.Emails from eBay, have "@ ebay.com" as the last part of email senders.Also all links that are in the email may be guiding you somewhere other than where they say they are.Also copy and paste the links in your browser and only visit official links that start with "http://www.ebay.com." if something looks suspicious to you, forward the email to eBay and await your reply. they will let you know if it's legitimate or not.

In conclusion, the majority of people that you find on eBay are good honest people and not out for trick you .you can do business on eBay for years and never run into any of this. However, occasionally these things happen so it is important to use common sense and use common sense when it comes to this stuff. be aware that this can happen and take the necessary precautions and you'll be fine. There are a lot of money to be made on eBay, so don't let nothing frighten you. keep yourself with knowledge and information and you will be successful out there in the world auction!







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