Pennies On Ebay For One Cent

I wouldn't go much, I really wish we knew if they were wheats or not.

if you sell something for 1 cent on ebay, you get nothing. paypal takes it all. this is likely a feedback building tactic

"Doesn't paypal deduct the fees from what the buyer pays? How does that work if the fees exceed what is collected"?

When you sign up for paypal you have to give them either a credit card number or a bank account number. This is then linked to your paypal account. If a buyer claims he didn't receive the item or some other dispute paypal then takes the money from your account and repays the buyer.

Paypal takes their $.30 plus 3% the instant you get paid. ebay deducts their fees from these accounts on a monthly bases. All in all, between paypal and ebay they take about 15% of your sale.

I believe this percentage drops when the items sell for big money, like for autos, aircraft, ranches, property on the Moon, ect.

Rick

That's odd. Seller is gone. No longer a registered user.

Here's my guess. When bids were placed, his BIN prices disappeared. Then got concerned, confused, etc and closed his auctions and account.

Had like 20 emails telling me all dumb things.

The seller removed all the items and no one has won.

my guess is ebay gave him the boot.. most likely was suspended in the past for infractions and was trying to start off a new account with some positive seller feedback. ebay wised up and shut him down. of course, this is just speculation