[Developing] Consumers mass troll 3080 scalpers and potentially cost them in fees

[Mr.Meerkat]

15 minutes ago, Lurick said:

Exactly, if they think they own the fees from the sale they are idiots because the fees are only paid if you sell the item and get paid

I don't think I've seen anyone get listing fees for electronics in forever and those are usually like $0.50 or $1 per item.

Unless something has changed recently, the fees are automatically charged at the end of the month, regardless of if the buyers pays them or not (could have always met up in person or smth) so unless either the buyer or seller actually completely cancel the transaction, eBay will charge them the 10% fee. 

[Lurick]

Just now, Mr.Meerkat said:

Unless something has changed recently, the fees are automatically charged at the end of the month, regardless of if the buyers pays them or not (could have always met up in person or smth) so unless either the buyer or seller actually completely cancel the transaction, eBay will charge them the 10% fee. 

Yah, if the person refuses to pay then they don't get charged but if the buyer draws it out even over the month line and says "nah, I won't pay" then they don't get charged BUT yes, if neither party cancels then they are charged fees.

[tikker]

3 minutes ago, Lurick said:

Ebay will refund/cancel the fees if you don't get paid. I've had it happen on a couple things before. They might have to pay listing fees though but those are usually pretty cheap so unless they listed 100s of the same item it won't cost them thousands for sure. There is a second chance offer but you don't have to use it.

Ah I see. I found some older Q&A topics on eBay mentioning something along 10% of the highest bid being charged, but their current documentation only says "fees may apply". Perhaps it has changed then (or I'm not understanding eBay fully )

[Lurick]

2 minutes ago, tikker said:

Ah I see. I found some older Q&A topics on eBay mentioning something alont 10% of the highest bid being charged, but their current documentation only says "fees may apply". Perhaps it has changed then.

As @Mr.Meerkat mentioned there is a 10% fee of the final sale but if cancelled it doesn't apply/gets refunded. I actually had that happen on a old GPU for like $30 where I paid the fee but the person wanted to return it later on within the timeframe allowed so they refunded the fee once I refunded the money. It's definitely not easy to follow

 

Edit:

I do want to say it's been over a year since I bought or sold anything on ebay so things could have changed since then.

[Mr.Meerkat]

1 minute ago, Lurick said:

Yah, if the person refuses to pay then they don't get charged but if the buyer draws it out even over the month line and says "nah, I won't pay" then they don't get charged BUT yes, if neither party cancels then they are charged fees.

Yep, I mean if it does get cancelled afterwards, they will get refunded but how many people actually have $8000 on their debit/credit card limit? It could easily end up in a situation where it leads the seller to (massively) exceed their overdraft or negatively affecting their credit score. Of course, this is hypothetical but it could happen.  

[Guest]

Should make the scalpers keep the fee. They've earned it. 

[CTR640]

Scalpers deserves to be shitfaced while dragged down the road untill their flesh is getting cut off by razors.

Fuck scalpers.

[IAmAndre]

38 minutes ago, TheSLSAMG said:

That's fair, I don't view both on an equal level of importance, obviously restricting access to a life-saving item is definitely worse.

Indeed both are douche moves but one of them deserves prison more than the other.

[Morgan Everett]

6 minutes ago, epicdotexe said:

It's really sad to see all this rage at what amounts to "not being allowed to spend as much money on worthless products as I wanted." A sign of the times I guess?

 

This costs the eBay users nothing. For those unaware, creating listings on eBay is free. You can create hundreds, or even thousands, of listings for free. Final value fees (the percentage eBay takes) are not collected until long after payment is *received* from the purchaser, eBay actually invoices you once a month.

 

The funniest part of this ironically winds up being the content creators banking on unaware, angry consumers with clickbait titles and false content.

Nope: FVFs are charged regardless of whether the seller is paid. Yes, the seller can apply for a FVF credit. But it's rather cumbersome, and the point of this 'trolling' is to be an inconvenience. 

[Morgan Everett]

3 minutes ago, epicdotexe said:

Like I said, final value fees are not collected until long after the sale. Being a nuisance and being productive are two very different things!

But what you said is wrong. There's no relationship between the seller getting paid and eBay invoicing the seller. If the seller wants to avoid the FVF, they have to go through a process to do so, telling eBay that the buyer never stumped up the cash.

 

Yeah, this isn't productive. It isn't supposed to be. It's supposed to cause a nuisance, and, as an experienced eBay seller, I can tell you that this kind of thing would infuriate me. 

[Jet_ski]

Today we are all Linus Torvalds.

 

[rcmaehl]

17 minutes ago, CircleTech said:

Okay, so we really need to clear some things up here. I've been selling on eBay for a very long time, so I know how the system works and when you do and do not have to pay fees. OP @rcmaehl, please mark this post as the answer so others can see what's going on in the sellers backend.

 

I may, I'll have to read through it all. So far at a quick glance, you're missing the max fees a seller can be charged, how many items an account can bid on at once, and the fact that some scalpers are quite new. Additionally, please note that FVF refunds are not automatic (unless things have changed recently)

 

[Trik'Stari]

I said they had a right to resell and I stand by that, but I'll also admit,

 

They absolutely deserve it lol.

[AnonymousGuy]

1 hour ago, Lurick said:

Ebay will refund/cancel the fees if you don't get paid. I've had it happen on a couple things before. They might have to pay listing fees though but those are usually pretty cheap so unless they listed 100s of the same item it won't cost them thousands for sure. There is a second chance offer but you don't have to use it.

This isn't correct, you have to cancel the order to not get charged a fee.  Doesn't matter whether the buyer pays or not.  What probably happens here is you have to mark the item as cancelled for no-longer-in-stock so then it doesn't require the buyer to confirm, and then they'll refund you the fees (from your balance) automatically.

I've bought stuff from myself so I can use the ebay shipping discount  (just "commit to buy" and don't pay).  If I don't cancel the order then I get charged fees.  I just buy -> create shipping label -> cancel the transaction.

[BrotherNeighbor]

Any of you asshole resellers complaining on here can suck a big fat one. You are all pieces of shit who are fucking the market all up. Greedy assholes. I fully believe youre all cancerous shits who deserve a kick to the dick by superman. 

[TempestCatto]

1 hour ago, rcmaehl said:

Since I no longer am allowed to put catchy taglines in the topic

Why's that?

[rcmaehl]

1 minute ago, TempestCatto said:

Why's that?

I'd rather not stir up drama, but it has been deemed to not be relevant enough to keep. Posting quips is fine anywhere other than the title though.

[TempestCatto]

21 minutes ago, rcmaehl said:

I'd rather not stir up drama, but it has been deemed to not be relevant enough to keep. Posting quips is fine anywhere other than the title though.

I think that's stupid. I had one mod, literally one, remove my LTT sponsor spot at the end of my tech news post. Kinda just made me not want to post any more news topics.

[BrotherNeighbor]

31 minutes ago, epicdotexe said:

I use a five year old Quadro, can't say I planned to buy anything from Nvidia during this launch. Those of us here explaining eBay's policies are doing just that: explaining eBay's policies.

 

What this whole "event" amounts to is a tantrum: people (literally adults, in many instances) didn't get what they want when they wanted it (surely there will be stock in a month or so), so now they're screaming about it.

 

We've all seen a toddler sitting in a shopping cart screaming after mommy says no to getting a new toy. That's what this is.

 

Nah not the same thing at all. People who were looking forward to this were denied due to scalpers. Scalpers are scum and should be viewed as such. If it all sold out due to consumers that wanted to use them is one thing, to have bots buy 40+ for one person is disgusting and needs to stop. These ebay resellers are getting exactly what they deserve.

Fuck scalpers and scalper sympathizers    

[shermantanker]

Quality shit posting right here https://www.ebay.com/itm/224160791880

 

[CarlBar]

2 hours ago, epicdotexe said:

Explaining eBay policies = EVIL

 

Really is that all you did. Lets check shall we.

 

3 hours ago, epicdotexe said:

What this whole "event" amounts to is a tantrum: people (literally adults, in many instances) didn't get what they want when they wanted it (surely there will be stock in a month or so), so now they're screaming about it.

 

We've all seen a toddler sitting in a shopping cart screaming after mommy says no to getting a new toy. That's what this is.

 

Oh wait it wasn't. BZZZZT you got caught.

[BlueChinchillaEatingDorito]

Meanwhile in PS5 land...yep the same thing is happening

 

Even the limited cardboard edition isn't safe.

https://www.ebay.com/itm/Sony-Playstation-5-Cardboard-PS5/143639357624?hash=item217192a8b8%3Ag%3AUdMAAOSwppde8rsq&LH_Auction=1

 

Oh boy... RIP ratings for the Zotac Gaming variant of the RTX 3080.

[AlTech]

5 hours ago, TVwazhere said:

I've noticed this, random accounts jacking up prices on bids to 5 digit price tags.

GOOD.

even if it violates eBay's TOS?

 

eBay explicitly tells seller if buyers try to back out after winning an auction that they need to be reported and will be penalized.

[AnonymousGuy]

This is going to end with eBay forcing buyers to put down a non-refundable deposit if they want to bid over $1000. 

 

Hell what if I bought a 3080 and then wanted to use it for a few weeks before upgrading to a 3090?  I'd be pretty pissed if I couldn't list it without getting a hundred fake bidders.  How long is the trolling going to last?

[Mykull]

Just found something better, $99,900