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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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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


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