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Subject: 
Re: Was P.T.Barnum Right? -Or- Should I feel Guilty?
Newsgroups: 
lugnet.market.theory
Date: 
Mon, 1 May 2000 02:50:16 GMT
Viewed: 
3141 times
  
In lugnet.market.theory, Larry Pieniazek writes:
> In lugnet.market.theory, Rich Manzo writes:
> 
> > ...  with eBay you are obligated to sell at the price the bidder
> > wants it at, whether you gain money or loose money.
> 
> Well, technically, this is not exactly true, or at least it wasn't last time I
> checked.
> 
> I've pored over the T&C of eBay pretty closely and there is nothing that
> requires you to collect the entire amount of the winning bid. You are • obligated
> to sell the goods to the high bidder and you are obligated to charge no more
> than what the bid  is (plus shipping and money transfer costs if you said • those
> were extra) but you are NOT obligated to charge the bid price exactly.

Interesting....I did not know this.
> 
> You can charge less if you so choose.
> 
> And in fact I have done just that very thing. It was with a 1775.
> 
> > The bottom line is that if you are happy at the price it sold for, and the
> > customer is happy with his items, it was a good transaction. :)

This puts a whole new spin on things. I thought that the seller was oblgated
to sell at that price. John, your choice just got harder.  :)

-Rich
-------------------------
Looking for discontinued sets MISB?
http://www.brickfan.bigstep.com



Message has 1 Reply:
  Re: Was P.T.Barnum Right? -Or- Should I feel Guilty?
 
(...) Ebay still takes its cut from the bid price though, right? So you'd have to factor that into the final cost, too. Chris (26 years ago, 1-May-00, to lugnet.market.theory)

Message is in Reply To:
  Re: Was P.T.Barnum Right? -Or- Should I feel Guilty?
 
(...) Well, technically, this is not exactly true, or at least it wasn't last time I checked. I've pored over the T&C of eBay pretty closely and there is nothing that requires you to collect the entire amount of the winning bid. You are obligated to (...) (26 years ago, 1-May-00, to lugnet.market.theory)

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