I am just getting back into selling watches. My current strategy is (i) local contacts, (ii) offerup, (iii) forums, and if all else fails and I am ready to pay the the ebay tax, I need to decided between ebay, or putting the watch away for a future sale. I expect that I will avoid ebay. Thanks for posting this information, I just adjusted my strategy based on your input.
Cheers,
I am just getting back into selling watches. My current strategy is (i) local contacts, (ii) offerup, (iii) forums, and if all else fails and I am ready to pay the the ebay tax, I need to decided between ebay, or putting the watch away for a future sale. I expect that I will avoid ebay. Thanks for posting this information, I just adjusted my strategy based on your input.
Cheers,
I’ve actually picked up some decent stuff locally on offer up. Kinda funny I set up various searches and get alerts one Is “vintage divers” I been getting a lot of alerts for things like this lately
I look forward to seeing your extensive collection of diver figurines.
I’m selling them know I have 68 available at 55per how many you want?
Don’t know how you intend to take pictures of them as your wife just sold your camera, your phone and I think all of your socks and underwear on eBay 10 minutes ago. I passed on the underwear- look forward to the socks though.
My understanding is that eBay never refunds the insertion fee (if any). As for the final value fee, if the buyer brings a case against you and eBay decides in the buyer's favor, then eBay will not return the final value fee. However, if you voluntarily refund the buyer, then eBay is supposed to be willing to refund the final value fee after the fact; however, you need to request it, and the buyer may be asked to approve it also. So if it's worth you time, you might want to look into it.
An additional hit, also new, I ended all my listings, one of them was an auction at $160, I cancelled all bids and ended it - nothing on the interface, then couple hours later they charged my credit card $35 - turns out they applied a $28.76 "End Auction-style listings early Fee" - this didn't show up on the interface like the usual extra listing fees etc. appear, so I assume it's new and I believe I should've been warned
eBay ? Just a cheap international marketing tool, if your name is known in collectors circles. Seller fees? Open the cheapest eBay store and it gets less. Charges ? Never give your credit card as a payment option. Remove it. Link to a bank account, that holds your sales money and as soon as it comes in, remove to another not linked account. Keep it low at $ 20..... If you buy, fill it before you buy. That way you control charge backs as well . Tracking problems? If you ship EMS, call them and open a case. That adds to your tracking history and then you avoid that 7 day rule .... Do the same with every other Shipper. There are always ways around ... Kind regards. Achim
Ebay is a global flea market- many of us rely on the sellers having no clue. The best deals come from the pickers, not watch dealers. But you have to know exactly what you are looking at and be able to jump fast.
By the way, as an update to this story, I've just learned that I've been scammed - I'd tell people to be wary of an Edwardo Abadsantos from Canada, but I suspect it's likely a personna - the eBay account has since been removed as well
The post inquiry process takes around a month and it doesn't appear as an entry in tracking
After a month of investigation it was told that the item was originally delivered, I don't know how the buyer managed to not get it tracked, however I believe it's ultimately the fault of Canada Post, around the time of this event, I recall honest buyers getting confused by the delays and the inconsistencies
Bumping my own thread, I think fees increased again, up until very recently I recall fees dropping to 6% for the portion of a watch over $1000
Currently it seems 15% until $5000 and 9% over $5000
Even with a store account as per @watchyouwant's suggestion it becomes 13% and 7%
Pretty extreme fees even for luxurious watches now, another warning if anyone didn't notice this fee increase
