PS3 News: eBay Closely Watching PS3 Auctions - PS3 News

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eBay Closely Watching PS3 Auctions

Everyone went nuts last year with the unavailability of the Xbox 360, and this resulted in a giant mess over at the home of the world's biggest online auctions. From scam artists to outrageous asking prices, potential consumers faced a veritable mine field, and eBay doesn't want a repeat performance with the PS3.

The company is starting to crack down on early PS3 auctions, reinforcing their standard policy of not allowing auctions where the seller can't guarantee the item within 30 days of the auction's closing. The official policy reads-

eBay permits Pre-sale listings only on a limited basis. The seller must guarantee that the item will be available for shipping within 30 days from the date of purchase (i.e., the day the listing ends or the date the item is purchased from a store front listing). The seller must also clearly indicate within the listing the fact that the item is a pre-sale item with a delivery date that indicates the item will be shipped by the 30th day from the end date of the listing. Additionally, this text must be no less than the default font size of the eBay Sell-Your-Item form.

Violations of this policy may result in a range of actions, including:

  • Listing cancellation
  • Limits on account privileges
  • Account suspension
  • Forfeit of eBay fees on cancelled listings
  • Loss of PowerSeller status

eBay has already started closing auctions and suspending accounts for the aforementioned violations, even though there are plenty of auctions still going. So fair warning to all those who wish to make a pretty penny flipping their very rare PS3, and to all those who are going there to buy: there's no rule against those outrageous asking prices, so make sure that bank account is flush with funds.

10/11/2006 Ben Dutka

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