Five Ways To Detect Shill Bidders On eBay So That You Dont Pay Absurd Prices

There is as a lot of buzz about shill bidders on the eBay forums. But in actuality, shrill bidding isn't that common and is rather easily detected.

A buyer will sometimes attempt to use shill building to raise the price of merchandise he is selling. The idea is that the shiller will bid increasingly high prices, in the hope that legitimate buyers like you will top the artificially high prices in an effort to win the goodies for sale.

Here are five ways you can recognize a shill bidder:

1. Few shill bidders will have any feedback. This is because they never follow through with transactions and therefore don't have anyone to leave feedback. If the shiller does have legitimate transactions on ebay, he is usually smart enough to use a separate ID, because he does not want to get caught shilling and lose all buying and selling privileges.

{It is important to note, however, that just because a bidder has no feedback that does not mean that he is necessarily a shrill bidder. This may simply be a new account that has not had time to build a feedback reputation.}

2. Generally, a shiller only bids on the auctions of a particular seller. When in doubt, you can check the current and completed options of a seller and see if this shiller has bid on other auctions by the same seller.

3. Shill bidders are most often newbies. You can check the feedback, and the date that the eBay account was created, for any ebay member. If the bidder's account was created two days ago and he is bidding on several auctions of the same seller, you can be pretty certain about what is going on.

4. eBay has ways of the tracking shillers. Of course we don't know everything they do (and if I did know I wouldn't tell!) but some clues all are dead giveaways. For example, if the seller and the bidder have the same IP address, eBay knows to take a closer look.

5. Shill bidders retract many more bids than normal buyers. eBay does allow any buyer to retract a bid, although this is only supposed to occur for specific reasons. But in actuality, a retraction is rarely challenged and ultimately what can eBay do? It cannot force a person to pay for a particular item.

It is wise not to use this option on a frequent basis. Remember that your eBay behavior deal is constantly tracked. A retraction is considered to be a "black mark" on your reputation so don't do it very often. Shillers, on the other hand, don't care because they're unconcerned about their reputation. If caught, they simply open a new account.

Sometimes a shiller is the high bidder at the end of an auction. In that that case, the seller and buyer can agree to cancel the bid, rather than retract it. However, all this takes a lot of work, planning and effort. In the end, shill bidding is rarely worth the trouble and time. Instead, smart sellers spend their time finding products and writing listings - the two basic moneymaking activities of an ebay business - instead of plotting how to raise profits on individual listings. Success in business is about efficiency.

Learn how to sell on eBay with 16 hours of online instruction taught by a 10 year eBay veteran. Own an eBay business instead of an eBay hobby.

In The News:


Daily Times

India's Auctions Have Pushed Solar Prices Down 73% Since 2010
Greentech Media
“Highly competitive reverse auctions, falling module and component prices, the introduction of solar parks, lower borrowing costs, and the entry of large power conglomerates with strong balance sheets and access to cheaper capital have all contributed ...
Toshiba decides on Westinghouse bankruptcy, sees $9 billion in charges: sourcesReuters

all 101 news articles »

CEE MARKETS-Crown firms in forward deals, Czechs add bond auctions
Reuters
Czech crown firmer in forwards, central bank cap seen near end * Czechs add two bond auctions to benefit from low yields * Pro-EU ruling party wins Bulgarian elections, Sofia stocks up * CEE stocks, bond yields fall as trust in Trump stimulus cracks ...

and more »

Despite Stigma, Real Estate Auctions are 'Purest' Marketplace
Memphis Daily News
“In the South, auctions sort of have a negative connotation, but around the world it's the first choice of many countries,” Morris said. “For example, in Australia 95 percent of all of their real estate is sold at auctions. It's the only way they know ...


Art Newspaper

Christie's cancels June contemporary art auctions
Art Newspaper
Christie's is cancelling its June postwar and contemporary art auctions, the auction house confirmed on Friday. In a statement, it says this year is “particularly busy” for collectors, with Venice, later New York sales in May, Documenta 14 and Art ...

and more »

Julien's Auctions Announces Ledger, Monroe, Streisand Items Among Hollywood Legends
Broadway World
Julien's Auctions, the world-record breaking auction house to the stars, has announced its highly anticipated Hollywood Legends auction to take place on Friday, April 28 and Saturday, April 29, 2017 in Los Angeles. This year's Hollywood event will ...


Amarillo.com

Ross Perot Jr.'s firm invests in Amarillo online land auction company
Amarillo.com
“Relative to traditional auctions in hotel ballrooms or where you hire an investment bank to sell your assets, their platform is much more efficient, much more transparent and results in much better outcomes for sellers,” MPK co-founder Doug Kennealey ...


FOX 13 News, Tampa Bay

Property tax auctions moving online
FOX 13 News, Tampa Bay
TAMPA (FOX 13) - An abandoned home on North Willow Avenue in Tampa may not be much to look at, but a few miles away at the Hillsborough Courthouse, there is bidding war for this white house, with green trim and boarded windows. The auction looks ...


AZCentral.com

Scottsdale auction house has luxury buyers and sellers sold
AZCentral.com
Giving buyers a chance to set the purchase price of their dream house while saving sellers time and money has created a successful model for Supreme ...

and more »

Opelika Police Department auctions off recovered items
WTVM
Today the department held an auction to get rid of those things. Hundreds of people made their way to Police Headquarters hoping to make the top bid on everything from car parts to bikes and even clothing. Most of the items were recovered in ...

and more »

Reuters

Captain James Cook waistcoat fails to sell at Sydney auction
Reuters
SYDNEY A waistcoat owned by British explorer Captain James Cook, who claimed Australia for Britain in 1770, has failed to sell at auction, with bids far below its anticipated million dollar price tag, the auction house said on Monday. The 250-year-old ...
Captain Cook's failure: Explorer's waistcoat fails to meet £1m reserve at auctionExpress.co.uk
Captain Cook's waistcoat passes at auction but local buyer in negotiations with sellerABC Online
Captain Cook's waistcoat doesn't reach expected price at auctionNew Tang Dynasty Television (press release)

all 7 news articles »
Google News

From Ebay Zero to Power-Selling Hero: Using Feedback Effectively

When I talk about feedback to new Ebay sellers, I... Read More

How To Sell Internationally On eBay Without Risk

Many people just getting started on eBay have reservations when... Read More

Multiple Income Streams on eBay within 30 Minutes!

POWERSELL Status, the secrets revealed.If like thousands of people you... Read More

Why Its a BAD Idea To Promote Hot Selling Products on eBay

Do a quick search on Google, Yahoo, or your favorite... Read More

A WIN-WIN Scenario On eBay For Buyer/Sellers: Tips For Hunting Want It Now Postings

"Ask And You Shall Receive" Policy Works!You're one-of-a-kind baby clothes... Read More

Low Cost, High Profit Dream Products To Sell on eBay and Amazon

Finding quality products to sell is the key to continuing... Read More

Increase your eBay Profits the Easy Way

Sometimes the simplest things can boost the number of visitors... Read More

Profit through Other Peoples eBay Errors

There are many issues that influence how an eBay auction... Read More

Mistakes to Avoid in your eBay Auctions

Online auctions continue to grow in popularity as an easy... Read More

7 Great Reasons Why You Should Start an EBay Business Today

EBay is a great part or full time business. An... Read More

Profitable Paper Piecing on eBay--Part 1

Why sell paper piecings on eBay?eBay is a great way... Read More

Using Paypal for eBay Purchases

Paypal is the preferred payment choice for many buyers because... Read More

eBay: Dont Believe All the Hype

Three billion dollars (that's billion with a "B") in revenues,... Read More

Dont Be A Victim Of Online Auction Fraud

The Internet Fraud Complaint Center (IFCC) reported that last year... Read More

Drop Shipping Increases Profits

You would like to increase your income by selling other... Read More

Finding Products to Sell on eBay

Do you know how many people in US are earning... Read More

Royal Memorabilia ? An eBay Prince or Pauper?

There has always been a fascination with royalty and as... Read More

Top Secret Ebay Powerseller Technique: Classifieds Produce Auction Power

I was browsing through all of the classified sections, and... Read More

EBay Income Possibilities

If you've ever read an article about eBay, you will... Read More

How to Survive the Jungles of Ebay Selling

Come with me, we are going to take a safari... Read More

eBay is the Greatest Opportunity YOU Have to Create a Career Online

eBay's being spoken about everywhere these days. At work, school,... Read More

Do You Pay Taxes On eBay Income?

Q: I read your last column about paying income tax... Read More

Snipe Your Way to Auction Success

Bidding for a bargain is all part of the exciting... Read More

The Benefits of Buying and Selling Locally

Shop at a flea market in Oaxaca, Mexico. Trade with... Read More

How To List Your Items On eBay

Listing your items on eBay can be very confusing if... Read More