why cant ebay be like a real auction and force buyers to pay 10% deposit ?

cheapacars2008
Community Member

im sick of people who dont pay for items then again why should they pay for a item if there is no comeback? besides getting a strike! force buyers to pay a 10% deposit like a normal auction that why if they dont go ahead with purchase without a good valid reason they will loose the deposit. surely ebay has looked into this? otherwise more people are not going to pay for items they won at auction.

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?

cheapacars2008
Community Member

yes yes and yes!

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?

This 10% deposit you pay at Auction Houses? 10% of what exactly ?


Each individual item you bid on?


If it's a deposit it can't be 10% of the final price, since that wouldn't be known till after bidding finishes.


Are you sure you aren't referring to a 10% premium paid after you have won an item

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?

cheapacars2008
Community Member

i even like to block zero feedback bidders but ebay wont let you. because there a 50/50 pay / dont pay with them

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?

cheapacars2008
Community Member

no . example you buy an item say it went for $1000 then 10% of that ( $100 ) would be the deposit the bidder has to pay to the seller.

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?


no . example you buy an item say it went for $1000 then 10% of that ( $100 ) would be the deposit the bidder has to pay to the seller.




So are you saying that if ten people bid on an item that eventually goes for $1000 each one of them has to pay $100 to the seller?



If it's only the winner who has to pay, why should they pay the seller $1100 for something they won for $1000?



And if they don't bother to complete the transaction (NPB) why would they pay the $100 anyway?

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?


im getting bidders with good 100% feedback that dont pay or even bother to make contact. so much for blocking " bad " bidders.




ALL buyers have 100% feedback.

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?

I think I know what the OP means. At Fowles Auctions for example, 10% is due and payable on the fall of the hammer, which is deducted from the final cost at the end.  Also, when I registered to bid online, I had to pay a deposit of several hundred $$$ as surity.  This is refundable upon non purchase (or mostly I think).

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?

cheapacars2008
Community Member

no no you missunderstood me. say you are the winning bidder at $1000 then 10% of that ( $100 ) would be the deposit you would have to pay via paypal or credit card to the seller with one hour or automatically, then pay the balence of $900 within the next four days or on delivery or pick up etc BUT if you change your mind and dont want to buy the product then the seller gets to keep the $100 deposit. now thats a deterant that will work 99% of the time.

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?


if people are put off by this why are normal auction houses full of bidders? not there for fun thats for sure! you dont want to know who much pickles auctions make in bidders who pay deposit then dont pay the balence and yes they get to keep the deposit according to the law.




So you are saying the auction house gets to keep the deposit.  How would that benefit sellers? 


 


If you want immediate payment just list your items that way: http://pages.ebay.com.au/help/pay/require-immediate-payment.html


 


and Plleeaasse stop giving eBay ideas on how to take more money from us.

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Re: why cant ebay be like a real auction and force buyers to pay 10% deposit ?

cheapacars2008
Community Member

it doesnt help the seller. the auction house just re- auctions the item at a later date. its just another way the auctions make money on the side besides from the vendors and buyers.

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