How to buy $1000+ items on eBay

[yankee]

SIMPLE MATH.

The $$$$ limit is irrelevant.

Run 100 auctions starting on a Tuesday all ending Sunday evening. Have these items with an ending value of $200-1000.00 and see what happens. 10-15K on a Sunday is pretty simple if your items match that criteria.

There is some risk I suppose. I have not had an issue yeat but if I do, I can afford/handle it.
That money gets spent very quickly after the release of funds.

[Dmshark25]

Just open a new account under all your real information and add your real credit card.

EBay will not suspend the account unless it's converted into a sellers account , or if you have a history of many chargebacks, tons of cases opened as a buyer, etc..

Pay with a credit card and you will be protected, if anything goes wrong you can always chargeback, and not need to be at the mercy of PayPals ruling

[danshan]

Originally Posted by yankee

SIMPLE MATH.

The $$$$ limit is irrelevant.

Run 100 auctions starting on a Tuesday all ending Sunday evening. Have these items with an ending value of $200-1000.00 and see what happens. 10-15K on a Sunday is pretty simple if your items match that criteria.

There is some risk I suppose. I have not had an issue yeat but if I do, I can afford/handle it.
That money gets spent very quickly after the release of funds.

So a new account around a month old and bam receive over 10k on sunday and send it all out after payments clear and no paypal limits? Have you heard or are you familiar with the paypal tax reporting requirements of paypal? What country are these paypals in?

[Dmshark25]

Originally Posted by danshan

So a new account around a month old and bam receive over 10k on sunday and send it all out after payments clear and no paypal limits? Have you heard or are you familiar with the paypal tax reporting requirements of paypal? What country are these paypals in?

If your items are not a high risk, it's possible to start 10 auctions and eBay will allow them to finish even if they end well beyond the $ limit

Also on Paypal's side it all depends on the item , but it is possible to receive that much on a newer account and spend it after

The IRS reporting is only if you go beyond both 200 and 20 K

It seems Once Yankee sells the 10 items with high dollar amount he than moves on to another account and will not use that account till the next year

[danshan]

I think that is very rare and super amazing. I wish someone would teach me, I am still doing the old start slow keep it low method and I still occasionally get limited. I personally would say a new under 45 day account can do it but I would just guessing say 1 out of 100 accts get by without a limitation. Also just give me a general example of an item that sells for around 1000 bucks with that kind of demand that they can get to auction bids up to 1000 and are not considered high risk? I am not doubting him I am doubting me. 1 i dont know the product that i can start at a 1.00 and it will bid up to a 1000 and its not high risk. I know or think that the accounts I make cannot get 10k in payments in one day without a limit. I know that I cant send out 10 grand in payments in my stealth accounts "fast" and not get limited. I was under the impression that paypal kind of runs the tax thing on a potential not an actual limit on the ssn requirement. Fpr example if you do 2k in one month that would exceed and paypal could trigger the tax info requirement. If im wrong on the tax thing someone please correct me.

[yankee]

What is there to teach?
I just told you lol and I am not the only one on this forum. I am doing it on purchased and aged raised limit accounts.

Paypal will request based on projections. Collect a bunch of money in a few days and move on. Who cares if they ask?

How about used non name office furniture? Is that high risk? How about used non electronic autoparts? Next week I will be listing ten 110 John Deere Tractors for example...

[danshan]

That is awesome, really awesome, thanks for the info!

[yankee]

I am not saying there is not a risk of a paypal limit. I am saying that for me, it has not happened yet and if it does, no big deal. I can handle it.

By-the-way, I am not really listing 10 john Deere tractors and if I was, it would be cash upon pickup only, lol That was a bad example.

I sell hard goods in the outdoors sporting goods category mostly.

[livelifewild]

I would either open an account in your real info and use only as buying.
Or what I do occasionally is I have an account from oh geez probably 4 years ago. It did loose the ability to sell about 2 years ago but I kept it active as a buying account, I put in my shipping address that I have access to made it the primary address on the account information. I also have the name as EBAY PURCHASES or something similar to that.

I have a prepaid card attached to it (a virtual one) to paypal and I load funds to it, then buy things on ebay and pay through paypal using my prepaid virtual card.
I do all shopping through it and just did Christmas shopping too. If there is ever a problem, the returns and cases opened for not as described or not received works the same way it works for your buyers on your selling accounts.

I have gotten refunds or my item every time.