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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RE: Good.
By othercents on 10/27/2006 3:37:37 PM , Rating: 1
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.


RE: Good.
By Vertigo101 on 10/27/2006 4:15:12 PM , Rating: 1
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.


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