How Does Consigning My Stuff On eBay Work?

• First the item needs to be conservatively appraised to make sure you are comfortable with the amount the item will bring on auction. PLEASE NOTE: This is just an estimate, the item could bring more or less than the estimate, this is one of the rigors of the auction format. In general, items listed properly will bring their estimated value, and for every item that falls a little short, there is another item that brings a little more.
• Once the items to consign have been agreed upon, a contract is signed stipulating the items to be auctioned, the percentages being paid to the consignor for each item, and who is responsible for the eBay fees and incidental expenses.
• The items to be auctioned are taken into possession by the consignor for pictures, listing, and to be within reach to answer email questions. If the owner wants to keep the items in their possession, they must agree to be available to promptly respond to queries from the consignor in regards to questions asked to him by bidders that he is not able to answer without possession of the item. The owner must also understand that an eBay auction is a legally binding contract between the consignor and the buyer. Once an item is put up for auction, there is no turning back!
• The item is listed taking into consideration the best time to list it and what other items to list it with.
• Once the auction ends and the item is paid for by the buyer, the consignor ships the item and pays the owner for the item. PLEASE NOTE: If multiple items are being auctioned, payment to the owner might be incremented according to the availability of payments. Though most buyers pay within 24 hours through papal, they have a week to pay, and can also pay through the mail, which can take longer.
• If a problem arises during shipping or if the buyer is not happy with the item, the consignor is responsible for addressing and handling the problems. The seller is responsible for making sure that all items are in proper working order, and if not, the problems the item has are fully disclosed, and that the item is authentic, not a reproduction or of fraudulent make, or if it is, that this is fully disclosed.