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Print 34 comment(s) - last by xKelemvor.. on Oct 30 at 12:04 PM

eBay updates its policies on PS3, Wii pre-order listings

eBay has instituted a new policy when it comes to Sony PlayStation 3 and Nintendo Wii pre-order auction listings.  After cleaning up the site of PS3 pre-order listings, the company has instituted even more strict guidelines that could put a damper on sellers looking to rake in the big bucks selling the consoles and should help protect buyers in the process.

In a posting on the eBay "General Announcements" board, the following restrictions/policy updates have been put into play regarding PS3 and Wii pre-order auctions:

  • Only one of each console can be listed per eBay account prior to the launch of the console (PS3 is expected to be available on 11/17/06, Wii on 11/19/06).
  • The seller must only accept payment through PayPal, and have at least 50 feedback with a 98% or greater positive rating so that they qualify for PayPal Buyer Protection.
  • The pre-sale item must be listed in the 3, 5, 7 or 10-day formats, and cannot use Buy It Now.
  • The listing must include a photo of your pre-order receipt in the description.

The new policy should make buyers feel a little bit better when bidding on a PS3 or Wii auctions in the coming weeks, but eBay is a big place and rogue listings are still sure to pop up from time to time.



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Good.
By FightingChance on 10/27/2006 1:48:00 PM , Rating: 5
I approve of these limitations, people who want these items should be able to buy them, not have to re-buy them from what amounts to a scalper (except for selling at even greater than MSRP).




RE: Good.
By h0kiez on 10/27/06, Rating: 0
RE: Good.
By Chaser on 10/27/2006 3:12:46 PM , Rating: 2
Thats crap. Those people have no interest in owning a PS3. They camp the lines and flood the pre-sales just to re-sell something to make a quick buck.

Maybe Sony should set the retail price at $1200.00 to embrace your view of Capitalism, "baby".


RE: Good.
By othercents on 10/27/2006 3:33:48 PM , Rating: 2
This does not limit the price that the auction goes for only that the seller can not set a buy it now price. Just like many of the Xbox360s the PS3s can still end up selling for more than $1000 and possibly more than $2000. I think the rules are nice to keep people from cheating the public however this limits me from selling them. I would have to get a friend to post my pre-order slip.

Other


RE: Good.
By xKelemvor on 10/30/2006 12:04:07 PM , Rating: 2
$1700+ so far on the first one I looked at wen searching for PS3
http://cgi.ebay.com/Sony-Playstation-3-PS3-60GB-Pr...


RE: Good.
By freon on 10/27/2006 4:34:28 PM , Rating: 2
Uhhh, thats great and all, but the article you are responding to has to do with PRE-ORDERS.


RE: Good.
By h0kiez on 10/27/06, Rating: 0
RE: Good.
By freon on 10/27/2006 7:15:01 PM , Rating: 4
How is it different? Well, you dont actually have the console, you haven't even paid full price for it yet, the stores are saying a pre-order is no guarantee you will actually get one on launch day (same happened with other launches where early pre-oders still had to wait for second shipment), and you most likely did not have to camp out or sleep in line to get it.

All you have is a slip of paper, that cost you $100, saying you might get one on launch day. Obviously EBay doesn't see that as an item worthy of being auctioned in the manner it was.


RE: Good.
By h0kiez on 10/30/2006 7:02:35 AM , Rating: 2
Didn't camp out? Riiiight. Try 10:30 pm to 10:00 am. Hence, I should be compensated for my time in line.


RE: Good.
By fishbone on 10/27/06, Rating: -1
RE: Good.
By wiiz3rd on 10/27/2006 3:10:02 PM , Rating: 5
"With these resellers on Ebay, the people who were not able to preorder and want one will be able to get one whereas without people selling them on Ebay there simply wouldn't be any available."

Twisted logic here. The number of consoles available at launch is fixed. The people who resell on Ebay don't make build them and hence can't increase number of consoles available.



RE: Good.
By othercents on 10/27/2006 3:37:37 PM , Rating: 1
quote:
The people who resell on Ebay don't make build them and hence can't increase number of consoles available.

Neither can EB Games or GameStop however they are able to resell the products too. The only difference is that EB Games and GameStop require you to pay their price, but the ebay resellers allow you to bid what you think the console is worth.

Other


RE: Good.
By Vertigo101 on 10/27/2006 4:15:12 PM , Rating: 1
quote:
The only difference is that EB Games and GameStop require you to pay their price, but the ebay resellers allow you to bid what you think the console is worth.


I disagree...eBay allows you to pay what mass hysteria deems the console is worth.


RE: Good.
By othercents on 10/27/2006 5:36:35 PM , Rating: 2
But it is still what you are willing to pay, not what you are required to pay by some company. If I put a PS3 on ebay for $1 and no minimums then whatever the bid is at the end of the 3 days is what I will get for the machine. Just because someone else wants to pay $1000 for the product doesn't make it my fault. I was willing to take $1 and I am happy to take $1000. Granted I knew it wasn't going to go for $1, but I didn't force you to bid the item up to $1000.

The reason why it was bid up to $1000 isn't hysteria, but supply and demand. Not only that, but these people are willing to pay that price for whatever reason.

Other


RE: Good.
By freon on 10/27/2006 4:41:21 PM , Rating: 3
I would much rather blame stupidity. Anyone who would BIN a PS3, or any console for up to 2x the MSRP is stupid.. Plain and simple.

These consoles are not rare, they are not limited editions, and they sure as heck aren't going to disapear the day after launch. Now that Ebay has removed the ability to list them as BIN auctions, I bet we will see a lot less $1300 PS3 sales and a lot more $700-$800.


RE: Good.
By othercents on 10/27/2006 5:43:00 PM , Rating: 1
quote:
Now that Ebay has removed the ability to list them as BIN auctions, I bet we will see a lot less $1300 PS3 sales and a lot more $700-$800.

I disagree. The first day the Xbox360 launched almost 30 of them went for over $1300 and some for almost $2000. Now that the PS3 has less supply it is very possible that they will go for more than the Xbox360s did. Most of those where not BIN prices, but actual bids. My friend had one he put out without a BIN and it was bid all the way up to $1250 before the auction ended.

Other


RE: Good.
By throughhyperspace on 10/30/2006 10:26:58 AM , Rating: 2
I agree.. last Thursday, I saw a PS3 going for $1800 with three minutes left. Most others were in the $1200-1400 range. Wii's were upwards of $700 for those that inculded LoZ and CoD 3, most others were around $500-600. The "new" restrictions were already in place on the auctions I looked at.

If people are willing to pay it, I have no problem with it. Whether or not its hysteria for demand to reach these price levels is another debate entirely.


"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke

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