By Sintilia Miecevole
In the early days of internet auctions you were much more
likely to be conned than you are today. Figures from the
National Fraud Information Center for the year 2000 stated
78% of Internet fraud at that time took place on online
sites. Since then the big sites have taken major steps to make
their auctions safer places for their users.
Although it is safer to buy online from auctions today, you
still need to be careful when transacting in internet
Here are some tips to ensure you don't get taken advantage of.
Buy from sellers with good feedback scores as this is one of
your best protections. This is a feature of internet auctions
which can't be compared by other online retailers. This
independent rating system will give you a very good indication
of which sellers can be trusted. Ensure the seller has carried
out enough selling auctions for it to be a reliable indicator.
Pay by credit card, which is usually the safest method. That
way, if you have any problems you can seek redress through
credit card provider. This is a facility you wouldn't normally
have when buying from a private individual, so use this extra
security feature of online auctions.
Use the big name auction sites because they want to protect
their reputation. That means they'll take any fraud complaints
seriously and deal with the culprits quickly because it's in
their best interest to do so. Stay away from the small sites
that nobody's heard of.
Make sure you know exactly what the product or service you're
buying is worth to you. Do this right from the start and
be in a better position to make sure you don't overbid and end
up paying more than the item's worth. There are plenty of
people who'll testify to having been caught up in a bidding
frenzy. Auctions can be exciting and addictive, but it doesn't
make sense to pay more for items at an auction than those that
can readily be bought elsewhere.
When you place a bid you have entered into a contract with the
seller. Think before you bid. Don't place a bid if you don't
really want the item. If you don't that bright orange, floral
bathroom sink could be yours!
Remember that expression that says buying on internet auction
sites - if it sounds too good to be true, it usually is. Have
great time - but be careful!
About The Author: Sintilia Miecevole, Administrator of
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