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Post by thetuesdayhero on Aug 22, 2014 13:10:06 GMT -5
Hello BHKer's! I have decided to start a Paypal account so I can sell/buy cards but more of the selling and less of the buying! I have tons of questions that hopefully some of you may know how to help me! I'm brand new to all this selling online and such so i don't want to do something illegal or that stuff!
* I have a Paypal account but no credit card.... What should I do?
* I plan on just selling my cards on E bay for cheap prices.... What are you guys interested in buying?
* Any of things I should be worried about or should get more knowledge in?
Also if you need a trading buddy here are my two accounts....
GOESALLTHEWAY
TUESDAYHERO
Thanks!!!
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Post by samowamo on Aug 22, 2014 14:10:31 GMT -5
Just link your bank account and transfer funds to and from that.
People generally want 1. Full sets, 2. Elite SPs, 3. Rare Inserts, 4. Sigs, 5. Big bundles.
Learn how to use eBay. Check sold item histories to find where you want to price something. There's a million things to understand about eBay. Most are common economic trends.
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Post by thetuesdayhero on Aug 22, 2014 14:14:21 GMT -5
Okay thanks for the help! Do I "have" to link my bank account in order to sell stuff.... Or can I sell cards then receive the amount to buy other stuff on E bay? I just want some money on eBay to buy some stuff that I would like without putting any money from my account.
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Post by samowamo on Aug 22, 2014 14:15:55 GMT -5
Oh. You're fine there. Just make sure you have enough balance at the end of the month to pay your eBay invoice (10% of your total sales). Also be aware that paypal takes either 3.5% or 4.5% of all sales instantly.
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Post by thetuesdayhero on Aug 22, 2014 14:20:05 GMT -5
Oh okay.... That kinda sucks that E bay takes 10% of my sales.... Any other tips or helpful things I should know??? I have been researching the prices and such for fees and it is starting to make some sense!
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Post by thetuesdayhero on Aug 22, 2014 17:41:52 GMT -5
Bump!
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Post by schmidty20 on Aug 22, 2014 19:54:55 GMT -5
Just link your bank account and transfer funds to and from that. People generally want 1. Full sets, 2. Elite SPs, 3. Rare Inserts, 4. Sigs, 5. Big bundles. Learn how to use eBay. Check sold item histories to find where you want to price something. There's a million things to understand about eBay. Most are common economic trends. Can I send/recieve money if I'm unverified? Didn't want to start a new thread... |
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Post by coachnip13 on Aug 22, 2014 21:22:15 GMT -5
Oh okay.... That kinda sucks that E bay takes 10% of my sales.... Any other tips or helpful things I should know??? I have been researching the prices and such for fees and it is starting to make some sense! You will have to have some kind of backup method to link to your Paypal account. A bank account, credit card, something. eBay takes 10% if you don't have a store, but they won't come and get that until the end of your monthly billing cycle. Paypal takes 2.9% plus $.30 right off the top. Example: if you sell a sig for $25, $2.50 will go to eBay, and Paypal will take $1.03, leaving you a net of $21.47. It gets worse if you're trying to sell something like an individual Gold starting pitcher. Let's say you sell it for $0.99.....you will end up with just $0.57. |
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Post by thetuesdayhero on Aug 22, 2014 21:34:58 GMT -5
Thanks for the clarification... E bay doesn't sound like a good way to actually make money!!! Ima have to link it to my bank account I guess
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Post by coachnip13 on Aug 22, 2014 21:50:44 GMT -5
Thanks for the clarification... E bay doesn't sound like a good way to actually make money!!! Ima have to link it to my bank account I guess The benefit with eBay is having a global audience. You could try to sell stuff here but you would have a very limited customer base. |
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