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So I just started selling something on eBay for the first time and..?
06-03-2014, 04:56 PM
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na Offline
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Buy it Now is a gamble with the first bidder. Say you start the auction at 99 cents and the BIN is $10. The first bidder has a choice. They can pay $10 or they can bid 99cents and hope that no one else outbids them. (I recently bid $100 on an item rather than a BIN of $125; the item sold to someone else for $135.)

There is absolutely no guarantee that you will have two bidders, so that opening bid of 99 cents had better be what you are willing to accept. Failure to deliver the item to the bidder is grounds for being kicked off of eBay.
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