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How Professional Ebay Auction Templates Can Boost Your Ebay Sales
Do you like to sell on eBay? It’s easy and fun, isn’t it? In fact, it’s one of the easiest online business you can start almost overnight, without any major investments. That’s the best thing about it. But do you also know that only the minority of the ...
Making Money on Internet Auction Sites
Although the world of online auction sites is filled with opportunities for sellers to make decent money, there are a lot of new auctioneers that simply fail to reel in the bids. For those that do manage to get some bids and conclude a transaction or two, ...
On line auctions rule
The internet has now turned in to a global marketplace in which anyone, anywhere, can buy or sell practically anything. The many Companies have developed a web-based marketplace in which a community of buyers and sellers are brought together to browse, ...
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The Internet Fraud Complaint Center (IFCC) reported that last year 7.7 million dollars was lost through online auction scams. The actual losses are much greater. Most auction scams are not reported because they involve only small amounts of money.
Most auction Web sites are aggressive at fighting fraud. eBay has a fraud investigation unit that has helped them hold down fraud to only .01% of its transactions. If you paid for an item and never received it, or if you received the item but it was less than what was described, eBay's Fraud Protection Program will reimburse you up to $200, minus a $25 processing charge. In order to qualify for Fraud Protection coverage, you must submit an Online Fraud Complaint with eBay after 30 days and before 60 days from the time the auction ended.
After making a purchase, buyers can leave feedback about their experience with the seller. Before you bid on an item, check the seller's feedback profile by clicking on the number next to the their User ID. There is also a feedback forum and discussion board.
Below are a few actions that you should take to protect yourself from Internet auction fraud.
- For a high cost item use an escrow service.
- Avoid sellers who request payment by electronic transfer.
- Never provide your Social Security Number or Drivers License Number.
- Verify the delivery data and the sellers return policy.
- Review the online feedback on a seller.
- If the seller is a business, check with the Better
Business Bureau www.bbb.org.
- Prefer sellers who accept credit card payments. When you use a credit card to pay for a purchase, federal law limits your liability for an unauthorized charge to $50. You can also request your credit card issuer to make a charge-back.
- Be cautious about buying from a seller in another country. If you buy from a seller in another country, understand the difference in laws governing auctions between that country and the US.
If you become a victim of Internet auction fraud, you can submit a complaint report with an online form at the IFCC Web site www.ifccfbi.gov. The IFCC will review your complaint and refer it to the proper law enforcement agency.
Internet Auction fraud is a large and growing problem. Take the measures outlined above to prevent yourself from becoming a victim.
Copyright(C)2004 Bucaro TecHelp.
Permission is granted for the below article to forward, reprint, distribute, use for ezine, newsletter, website, offer as free bonus or part of a product for sale as long as no changes are made and the byline, copyright, and the resource box below is included.
Stephen Bucaro
To learn how to maintain your computer and use it more effectively to design a Web site and make money on the Web visit bucarotechelp.com. To subscribe to Bucaro TecHelp Newsletter visit http://bucarotechelp.com/search/000800.asp
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VINTAGE: Auction-Star Ferrari 625 TRCSPEEDtv.com(Photo: Wouter Melissen) The star of the various auctions during last week's Monaco Historic Grand Prix was this Ferrari 625 TRC sold for just over 5 million euro ($6.5 million) by RM Auctions. It is one of just two 500 TRCs built in period with the ... |
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