On-line auction sites are great places to buy things.But be cautious about fraud to make your auction experience profitable and enjoyable.Following are some tips you must keep in mind about on-line auctions.
1.Understand how auction websites work.
Most on-line website don't verify the seller and the merchandise they offer.They simply list the products people want to sell
2.Verify the Seller before you bid
Verify the seller's profile before you bid.Check the sellers other auctions and users comment about the seller.Also check the auction history of the seller.
3.Contact the seller
Before bidding try to contact the seller by sending an email or call his number given in his profile.Good sellers are serious about their customers and will respond quickly and politely
4.Check the delivery details of the item
Check the delivery details of the item and also confirm that there are no hidden costs.Check the shipping rate and the dimension of the item
5.Check the current market price of the item
Check the current market price of the item and also the collect details about the features of the item
6.Use credit card to pay
Use credit card to pay for the item.Credit card companies will refund if fraud is found.
7.Aware of scams
Always aware about scams like shilling(sellers associates bidding higher so that the winning bidder pay higher price than normal),faked photos,bid shielding,misleading descriptions and failure to deliver merchandise.
8.Stolen or pirated merchandise
If you suspect the merchandise is stolen or pirated,contact the seller and ask the details about it
9.Check auction website about insurance
Some websites provide insurance that covers the buyer up to a certain amount.Some will provide link to third party insurance programs.Read the terms of the insurance carefully for deductible and there be other limitations or requirements that apply.
10.Inform auction site about suspected fraud.
Inform the website about the seller so that they can take legal action.You can also claim for refund if the fraud is proved.
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