eBay advice/help please

SexyGreyFox · 20 Aug 2011 at 10:30

I've bought plenty of stuff off eBay but never sold anything so I'm a complete noob.
I want to sell my Gibson Les Paul Standard and I'll accept £800 for it but not a penny less, so how do I go about not letting somebody who bid £700 not get the guitar?
How much would I expect to pay eBay on an £800 sale?

Thanks
ebay noob

mollymoo · 20 Aug 2011 at 10:31

You can set a starting price of £800 and anyone can then bid above that but not below it.

Apopcalyptic · 20 Aug 2011 at 10:32

You can set a reserve of £800, with the starting price lower to 'entice' buyers.

UnworthyBean · 20 Aug 2011 at 10:33

You can either set a reserve price or a buy it now price of £800.

Edit: Forgot about the maximum - It will be £40.

Danthus · 20 Aug 2011 at 10:33

dmpoole said:
I've bought plenty of stuff off eBay but never sold anything so I'm a complete noob.
I want to sell my Gibson Les Paul Standard and I'll accept £800 for it but not a penny less, so how do I go about not letting somebody who bid £700 not get the guitar?
How much would I expect to pay eBay on an £800 sale?

Thanks
ebay noob

Bend over and take it. £80 if you sell it for £800 plus listing fees.

NathP · 20 Aug 2011 at 10:39

The fees will be 10% up to a maxinium of £40 so in your case it will be £40 plus the listing fee

SexyGreyFox · 20 Aug 2011 at 11:05

I can live with £40 but how much can listing fees be?

neil3k · 20 Aug 2011 at 11:09

dmpoole said:
I can live with £40 but how much can listing fees be?

bout a fiver

Feek · 20 Aug 2011 at 11:12

dmpoole said:
I can live with £40 but how much can listing fees be?

neil3k said:
bout a fiver

Much more than that - The reserve costs a lot so to test this, I set up an item in my offline auction preparation thingie with a starting price of 99p and a reserve of £800 and it came back as £25.22 listing fee made up of £1.30 for the insertion and £23.92 for the reserve.

Setting a starting price of £800 with no reserve reduced that to £1.30 but that's a much less attractive way, people like to bid low and a high starting price will put them off.

Nightglow · 20 Aug 2011 at 11:15

Free listing this weekend on Ebay.

dfarrall · 20 Aug 2011 at 11:44

Dont put a reserve, just set starting price as £800 or itll cost you more in fees. If it really is worth that it will sell.

Larkspeed · 20 Aug 2011 at 11:50

There are advantages to going reserve price though.

I realise you said you won't take a penny below 800 but lets say someone bids 775 and you have a reserve of 800

Now ebay will not let them win the auction outright but you do then have the option of accepting the 775 if you choose to.

SexyGreyFox · 20 Aug 2011 at 12:00

Thanks everybody

d_brennen · 20 Aug 2011 at 12:00

Be a man and 99p it

uniQ · 20 Aug 2011 at 12:12

Also do a search for your item and tick 'completed listings' in the sidebar (need to be logged in). Then you can see what other itens similar to yours have and have not sold for and price it accordingly.

SexyGreyFox · 20 Aug 2011 at 13:20

uniQ said:
Also do a search for your item and tick 'completed listings' in the sidebar (need to be logged in). Then you can see what other itens similar to yours have and have not sold for and price it accordingly.

That was useful.
There are 2 both over £1000.

Pawnless Endgame · 20 Aug 2011 at 13:23

UnworthyBean said:
You can either set a reserve price or a buy it now price of £800.

Edit: Forgot about the maximum - It will be £40.

I know the final value fee is 10%, but is there really a cap at £40? Never knew if that's the case. What about if you're selling a car that is in the £1000s?

SexyGreyFox · 20 Aug 2011 at 13:27

This thread has been very useful for me.
Perhaps posters would also like to contribute do's and don'ts and further valuable advice - please.

Pawnless Endgame · 20 Aug 2011 at 13:36

Hi Dmpoole,

I think the biggest "don't" on eBay is selling several items together as a joblot. For example, I once sold a minidisc recorder with 2 pairs of heaphones (1 with cones and 1 in-ear), 10 blank minidiscs, 2 microphones, a little pouch for the device and a big satchel to carry everything in. I got just £9 for it. 2 weeks later, I sold another 10 blank minidiscs. They alone bagged £9.

Pawnless Endgame · 20 Aug 2011 at 13:41

I can think of another "don't". Don't sell a complete computer (base unit). Here goes: Last year I sold Shuttle PC with P4 2.8GHz hyperthreading, 1GB RAM, 80GB HD, a Geforce 6800, Soundblaster X-Fi, floppy drive and DVD-RAM drive, with activated Windows XP Professional in which the license alone costs £100. How much did I get for the bugger? Just £65 for the whole thing. Also last year, I sold just a Shuttle case, nothing else. That alone got £75. Talk about frustrating!