On a new account....if you list that item...you will get limited faster than you can count that money. Ebay will think it's a very risky move on your part.
How many FB's do you have currently?
how old is the account in terms of months?
How many fingers am I holding up?
Very risky, however I have also read it can be successful... This might be a great question for ebay agent. You could possibly get limits raised out of it. Guess depends on how smooooth talker you can be......
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"Mark 11.24 Whatsoever ye desire, believe that ye have it, and it is yours"
So my question is what happens if my item sells for more than $500?
Also.. it's not a very "suspicious item" either.
If you sell an item for $500. You will have reached your limit for selling that month will have to wait until the following month to list again for it to reset.
Whys everybody telling them that his account is going to get limited. I use to do something similar all the time on new accounts with limits. I would never do it the first sell or first couple weeks but whenever i get close to my limit i would also find a item that i know would sell past my limits but i do an auction for .99 cent and it will sell for over what i am allowed to sell. It is how you get your limits raised faster if done correctly.
He also said that the item is not very risky. jmellow18 if i was you i would sell a couple more things to get a few more feedback and if your item is worth over $500 you can always just do a auction style listing and let the item ride.. You won't be able to list any more after that auction is done but you got what you accomplished right?