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New Rules on EBAY
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<blockquote data-quote="1995COBRA-R" data-source="post: 4298516" data-attributes="member: 9515"><p>I noticed so much fraud on eBay that I stopped bidding a long time ago. I have bought a few items when I could call or contact the owner for a private transaction.</p><p>IMO:</p><p>1) The rules on PayPal favor Paypal. The owner of the money has little protection or legal rights (compared to Bank accounts and credit cards).</p><p>2) I see so many people making bids while knowing they have no intention of buying the item. They aren't doing it for fraudulent reasons: I think they are just bored. I posted the bidding history for "Quiet" on one of these threads. He bid on almost every Ford GT, Jag, and BMW on auction. He had a good feedback number but only on low priced items. He no more was in the market for a $200K car than my wife's cat.</p><p>3) It's obvious to me that people make shill bids. A few times the dishonesty is reported, and eBay shuts down the auction. Why doesn't eBay throw them out forever? I guess eBay wants their money in future fees? If a person is dishonest enough to shill an auction, he'll certainly screw you as badly as he can in any real world business transaction. </p><p>4) I see so many winning bids that are never finalized. You never really know if your item is sold until you receive good funds. The winning bidders seem to always come up with an excuse that allows them to slip by. In the meantime, the owner has to fork out more fees to re-list the item.</p><p></p><p>Someone should create an eBay-like auction site for honest people.</p></blockquote><p></p>
[QUOTE="1995COBRA-R, post: 4298516, member: 9515"] I noticed so much fraud on eBay that I stopped bidding a long time ago. I have bought a few items when I could call or contact the owner for a private transaction. IMO: 1) The rules on PayPal favor Paypal. The owner of the money has little protection or legal rights (compared to Bank accounts and credit cards). 2) I see so many people making bids while knowing they have no intention of buying the item. They aren't doing it for fraudulent reasons: I think they are just bored. I posted the bidding history for "Quiet" on one of these threads. He bid on almost every Ford GT, Jag, and BMW on auction. He had a good feedback number but only on low priced items. He no more was in the market for a $200K car than my wife's cat. 3) It's obvious to me that people make shill bids. A few times the dishonesty is reported, and eBay shuts down the auction. Why doesn't eBay throw them out forever? I guess eBay wants their money in future fees? If a person is dishonest enough to shill an auction, he'll certainly screw you as badly as he can in any real world business transaction. 4) I see so many winning bids that are never finalized. You never really know if your item is sold until you receive good funds. The winning bidders seem to always come up with an excuse that allows them to slip by. In the meantime, the owner has to fork out more fees to re-list the item. Someone should create an eBay-like auction site for honest people. [/QUOTE]
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