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Selling via online auction:Online auctions have become an easy way to liquidate unwanted items, but are also an attractive opportunity for criminals. Being aware of this element is half the battle. Be especially wary of foreign buyers that have little or no references or feedback. Feedback can also be deceptive since it can be built upon non-legitimate (friends or cohort) sellers. Be aware that emails can be fraudulent and should never be taken seriously until confirmed through the auction's website. Never send merchandise out until funds have cleared. Be aware of selling fees including auction commissions and payment fees. If you do not place a reserve price on your item, be prepared for the possibility of very low selling price. If you do place a reserve price on your item, be prepared of the possibility of a non-sale and still being liable for listing fees. Make sure your item is well photographed and described in great detail with complete accuracy. Be prepared for returned merchandise if item is not described accurately.
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