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2 ways you can use eBay Australia's 'Want It Now' feature to find items to sell.
http://tommieedgar.com// How to use eBay's 'Want It Now' feature
As we already know, eBay is an online marketplace which enables trade on a local, national and international basis. It offers an online platform through which millions of products and services are offered and traded each day. These items are traded each day through a special method called Online Auction Format. It is also called auction style listing.
Online Auction Format is a typical selling format where an item is listed by its seller for a fixed amount of time which is set by the seller itself and it is required for the buyers to their bid for purchasing of that time within that time limit set by the seller. Buyers must place a higher bid than the last bid placed in order to be in the race for purchasing the product they want. At the time when the auction ends, the buyer who has placed the higher bid wins and is entitled to purchase the product at his winning bid.
Another type of selling format offered by eBay is called Fixed Price Format, in which the seller could offer people to buy his products at a buy it now price.
The interested buyers who agree to pay that price win the auction without having to submit any bid in any competition.eBay deals its payment system through PayPal and only PayPal is acceptable for payments through sellers. eBay does not allows any merchant account as an alternative payment option. These terms also applied to countries like UK and Australia.
To check out various product listings and information about wholesale goods suppliers who sell through eBay, you may check Salehoo which is a large directory database having information about almost all the wholesale goods suppliers and business groups who sell on eBay.
Suggest eBay Auctions and Methodologies IssuesQuestion by bmovienightmare: Is a verbal contract legally binding in Australia via an online auction site? I'm currently auctioning a 60GB PS3 console on Ebay, when I started the auction I was unaware that that particular PS3 console has now become rarer,all was going well with 4 days of the auction still currently to go . when out of the blue a person contacts me on my home phone (which I had not listed on the auction page) and starts pressuring me with offers of cash and how he needs it before the weekend. In a moment of weakness and under pressure(he needed it before the weekend and was hesitant to give me time to think about it ..I've been tired and under a lot of emotional pressure from other things all week, in fact I'm only selling it to try and get out of debt as I'm struggling financially at the moment, and wasn't really up for verbal negotiations which was why I had put it on an online auction site as opposed to going somewhere like cash convertors) I folded and verbally accepted the offer... I now realise that there are only 8 other consoles on the Australian Ebay webpage of the same make and they are going for a lot more than his offer. I discovered he had simply requested my contact information from Ebay which they sent him without any contact with me too see if I gave consent for this person to ring me on my home phone. I think this person knows full well that they are taking me for a ride my question is is my verbal agreement with him over the phone legally binding even though the actual item is being sold through Ebay?? Do I legally have to accept the offfer,cancel the auction and incur Ebay's listing fees ?? Best answer for Is a verbal contract legally binding in Australia via an online auction site?:
Answer by kheperure
Yes, verbal contracts can be binding. Seller's remorse is not a valid reason to terminate a contract. From the facts you have given, he didn't hoodwink you or make any misrepresentations to induce your consent. However when you're dealing with something like a PS3, the practicalities of enforcing a contract have to be considered. In NSW for example he would have to apply to the CTTT, attend a hearing, etc. Considering that he wanted the PS3 in a short time, it's quite unlikely that he'd go to all that trouble. Further, unless there's more evidence to the contrary, it might be a matter of his word against yours.
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