The Garage Sale Millionaire: Make Money with Hidden Finds from Garage Sales to Storage Unit Auctions and Everything in Between, Revised and Updated

Avoiding Fraud as a Seller

One of the more unfortunate facts about eBay is that the website will never be 100% free of individuals looking to make a quick buck by taking your money in an auction where the item is invalid, misrepresented or never even exists. With so many individuals making up a global Internet community, it’s inevitable to have some evildoers lurking about within the system. eBay does an admirable job in policing their website to rid it of unsavory online predators seeking to defraud users via bogus auctions and fraudulent dealings. However, as diligent as eBay is, they cannot stop everyone from trying to take unfair advantage of honest, unsuspecting bidders.

As a seller, the only real type of fraud you need to be aware of is that which involves incoming sources of funds to pay for the items you’ve auctioned on the website. As long as you remember to use PayPal, which involves the use of credit card funds or a direct debit from a bidder’s bank account, you’re better protected. Other electronic options you can use to accept funds authorized by eBay are services from ProPay (https://epay.propay.com), Moneybookers (www.moneybookers.com) and Paymate (www.paymate.com). You can also directly accept a credit or debit card which will be processed through your Internet merchant account. Although I will not go into detail about these additional services, you can readily find more information about these optional payment services on the Internet.

Sellers may also offer to ...