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Selling an Item/Account Status

(last updated on 5/31/2005)

IMPORTANT: By auctioning an item, you are irrevocably (except as described below) and legally committing to accept the high bid for the item. If you receive a bid above the minimum price you stated you would be willing to accept and a reserve price is not specified, then you are legally obligated to complete the transaction. Your failure to complete the transaction is a breach of the User Agreement and may be legally actionable by one or more of the bidders.

In order to provide a high-quality environment for both buyers and sellers, we are very aggressive about terminating the accounts of persons who list items but fail to follow through with the sale. If a bidder wins your auction but you fail to complete the transaction, you can count on your user privileges here being suspended or revoked. The only exception is if completing the sale would violate Federal, state or local law.

Starting your own auction is very easy! Just click on the List an Item link found throughout our site and you will be transported to our List an Item page. You must be a registered user to list an item on this auction site.

Fill in all the applicable information about your item(s), providing a short, descriptive title and a complete description of the item. You cannot use HTML tags in the title, but you may use HTML in your item's description. This means that you can link to pictures if you choose. All content linked to the item description must comply with the User Agreement.

You may want to consider setting the minimum bid for your item a little lower than you think the item will eventually be sold for, just to get the auction going. If your minimum bid is too high, people may not bid. However, keep in mind that when the minimum bid is reached, and you have not specified a reserve price, you will have to complete that transaction for that minimum bid price. Our software automatically specifies the bidding increment based on system settings.

You may place any merchandise up for auction that you have the right to sell, so long as it complies with the User Agreement and does not violate any other posted rules of this site. Please list your item in an appropriate category.

In the description of your item, you should clarify any additional terms or expenses associated with the item, such as who will pay shipping and insurance expenses. If you are required to collect sales tax, you must include this information in the auction terms. You should state how you expect to be paid (personal check, money order, credit cards, etc.). Warranty terms should be clearly outlined. These items are never assumed and should be clearly stated in the description.

Your description of the item must be truthful and accurate. Adding additional unrelated keywords to your listing to make it show up through our Search facilities is prohibited.

Auctions in which the winning bidder is given a choice between various items are not encouraged. If you are unable to provide the buyer with the item he/she chooses, you will have defaulted on the transaction.

Staying in communication with inquiring bidders/buyers is essential for a successful auction. It's good business to respond to all inquiries promptly.

Selling an item will incur debits to your online account with us. Please see the next section in this document for a note on our fees for optional services. These fees will be disclosed when you list an item, and again, in the form of monthly email statements or can be viewed by going to your Account Status page. Keeping your account current is essential to allow uninterrupted access to our site and its features. You can ensure this by placing a credit card on file with our service and paying your monthly bills in a timely manner. If you do not wish to place a credit card on file with us, you can place a bank account on file. If your account is past due, you may incur late fees or find your account on hold; so keep on top of your account balance.

If your account is past due, you may incur late fees or find your account on hold; so keep on top of your account balance.

One last thing: a seller may not bid on his or her own auction. If the seller starts an auction and decides they no longer wish to sell his or her item, the seller should end the auction early using the tools in For Sellers. An auction cannot be ended early once it has been bid on without establishing a winning bidder.