You can hate all you want. If I can make a extra $100-$200 off something I bought for less then I'll do it.
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Apple Watch Pre-Orders Hit eBay With Asking Prices Up to $2,000
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Plus, is the time and hassle of selling, shipping, dealing with _any_ issues really worth making $200? Especially if you bought only with the intention of reselling it? Weird.
Please feel free to post it anyway, it illustrates a valuable lesson that many without historical perspectives are unaware of.
There really isn't risk to the scalper. The watches can be returned to Apple if they don't demand a high enough resale value.
The guy who had his up for $4200 has re-listed it. eBay is filled with non paying bidders. I bet that is happening to most of the sellers. The bidders bid it up high to get the seller excited and then never pay. Everyone now has positive feedback on eBay.
I believe the seller would have legal standing for a suit over non payment. Your are entering a binding agreement to purchase the item when you bid. Most sellers wouldn't bother with this but buyers certainly shouldn't be bidding huge numbers they can't or don't intend to pay.
Small claims court isn't just for The Peoples' Court...
Best eBay can do is strike the person's account or ban it altogether. No one is taking anyone to court. I've been a seller and this has happened to me multiple times. eBay + PayPal ALWAYS favor the buyer.
Apple Watch Pre-Orders Hit eBay With Asking Prices Up to $2,000
I'm talking about a direct suit (or arbitration - don't recall the eBay Ts&Cs offhand) with the buyer as the defendent and seller as the plaintiff. I specifically don't mean the mickey mouse processes within eBay itself.
I'm talking about a direct suit (or arbitration - don't recall the eBay Ts&Cs offhand) with the buyer as the defendent and seller as the plaintiff. I specifically don't mean the mickey mouse processes within eBay itself.
eBay is a mediator in all these transactions but will not warrant a law suite.
But since we are in the US of the A, you can sue anyone for anything which means...
You can file directly against the buyer without having anything involved from eBay and probably expect that they won't help you.
The thing to remember is small claims court is per-state. That means if your seller is not in the state you are in, you're going to have to travel to their state to file. Don't forget lawyer fees, etc. That's why eBay + Paypal is your best bet.
One thing, but I would need confirmation and all I have is personal experience, is if PayPal determines that the buyer is right then they will deduct the amount from the sellers account. If the seller has insufficient funds, paypal will keep trying. If after 30 days, PayPal still cannot get the money, they will actually deposit the amount to your account and deal with the seller directly. What they do with the seller I don't know. Probably not a lawsuit but most likely a collection agency.
That's why I'm saying Paypal might be the buyer's best bet.
Fair enough. This will be my last response on the topic out of respect for not derailing the thread. You're right in general. I would never consider suit in a normal eBay dispute over payment but if someone bid several thousand dollars for a few hundred dollar item the time and expense may be warranted. You generally don't need an attorney for small claims court.
That's the purpose of these threads. This one is a bit vague so what we are talking about is technically on topic. I am talking to you in full respect as your points are all valid. Even though I'd never be in a position, if I did lose $4000 and paypal and ebay had no way of getting it back, a fast 300$ trip would be worth it.
It would have to be more than $4000 to be worth it and especially when Apple lets you return it for full price. Depending on how far away that person lives, it could cost $300 just in airfare to get there and $300 to get back. Then $100 a day to stay at a hotel. Then there are rental car fees as well as lawyer fees. You would need to win the $4000 case just to get your money back on this trip and you could have done that just by taking 30 minutes out of your day to go back to the Apple store.