Friday, January 16, 2009

Ebay changes some seller policies

Ebay changes some seller policies

Just recently, Ebay, the 500 pound gorilla of auction sites, changed some of its seller policies. The biggest one is seller feedback. Just last year, Ebay decided to prevent sellers from giving buyers negative feedback. This was even in the case where the buyer failed to purchase items they bid on or used "Buy it Now".

Sellers found this to be unfair. Especially when buyers failed to follow through on the purchase they agreed to. Sellers could only open up a dispute, wait nearly two weeks, and then finally just receive a refund of selling and listing fees (if the item qualified for a listing fee refund).

Ebay soon saw that sellers were listing and less and less. This can be contributed to the seller policy as well as the current world economic situation where both buyers and sellers are not as active as a year ago