Fortunately, eBay??”and to a large degree PayPal (owned by
eBay)??”provide several features and tools to help you along
the way and make the process typically painless. Some of
these features and tools come at a cost, however, so it will be
up to you to decide if convenience and some built-in degree
of safety are worth the added expense.
8
eBay QuickSteps Closing Out Your Sale 169
170 PC QuickSteps Getting to Know Your PC 1 2 3 4 5 6 7 8 9 10
Evaluate the Sale
After a sale ends, it??™s worthwhile to take a few minutes and review the specifics
of the sale that were unknown until the highest bidder won at auction or a
buyer purchased a Buy It Now item. For example, you can now determine
the full amount you owe eBay for listing an auction item, as its winning bid
amount (or final value) is now known. Also, you now know the winning bidder
or buyer and can research his or her eBay standing to help you make possible
decisions on receiving payment (see Chapter 3 for information on researching
bidders and buyers). To help manage the overall process of closing out the sale,
the Items I??™ve Sold view in My eBay, as well as associated selling reminders,
provide great tools to guide you along the way.
Determine Final Value Costs
In addition to the insertion and possible upgrade fees you incurred when listing
an item, eBay charges an additional fee based on the closing bid of the auction
or sale price, known as the final value fee (the fee is charged whether or not you
and the buyer actually consummate the sale).
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