What is a good amount to start with?

[AskSC]

Planning on starting with $100-200 items to grow the account. Is this a good idea? limit on account is $5000 and paypal is verified.

[miketyson]

Sounds good. Just sell things around the house low risk non branded items.

[jeffweico]

I would star with items priced between $7 and $50. At least in the beginning. Also, if you get scammed, you won't get killed. Selling 99 cent items would bring scrutiny on your account and selling high-ticket items (not that $200 is high ticket) can lead to losses, especially if you are new. I have been on eBay since it was called Auctionweb and I STILL like items priced under $50. It seems to have become a sort of "sweet spot" for me.

[empirestate]

Originally Posted by AskSC

Planning on starting with $100-200 items to grow the account. Is this a good idea? limit on account is $5000 and paypal is verified.

Make sure you spread out sales to more than 2-10 accounts to lessen your risk.

[GreenBean]

Originally Posted by AskSC

Planning on starting with $100-200 items to grow the account. Is this a good idea? limit on account is $5000 and paypal is verified.

Too high amount.

Start lower.

paypal still want to trust your account.

Good Luck.

[rsot]

Welcome to the forums AskSC - start out with low end items and build good feedback and slowly move to higher items

[AskSC]

I've sold about 8 items now at $170-190. I've had my account for awhile now, but i've mostly just bought items. Sold 2 items prior to these 8. Planning on taking a break and then going to higher prices. This smart?

[aking]

The problem with high prices items is that you have to keep more money in your paypal account to cover returns, buyer complaint cases, etc. Especially the idiot that wants to open up a case because "it doesn't fit" or "it didn't work out for them" after they have had the item for 10 days and you have already moved the money.

I like items that sell in the $30-$60 range.

[AskSC]

Okay, i see. So sometimes ill have to refund them the money and thats why its better to do low priced items. So i can pull out more of the money instead of keeping it there.

[aking]

Originally Posted by AskSC

Okay, i see. So sometimes ill have to refund them the money and thats why its better to do low priced items. So i can pull out more of the money instead of keeping it there.

Yes, you don't know what buyers will do once they receive it so you need to cover yourself. You need to make sure your paypal has funds to cover returns or it will go negative.

[AskSC]

Thank you! Do you know how long i should keep the extra funds for? 30 days? What if i had a no refund policy?

[irahs]

I generally keep the money in my account until either 14 days and/or 30 days- my return policy differs- passes or I get positive feedback.

[rsot]

I keep 2-3x the average sales amount at all times

[yankee]

I withdraw funds as they become available. I leave very little in paypal these days.

The price of item should be irrelevant to if someone wants to return an item. I don't understand that philosophy at all. It makes no sense. Someone can also want to return a $50.00 item or a $9.99 item.

You sell items that are profitable and non problematic. Hopefully the higher priced items reap a large dollar amount in profit.

[empirestate]

Originally Posted by AskSC

Planning on starting with $100-200 items to grow the account. Is this a good idea? limit on account is $5000 and paypal is verified.

Here's what I do.... sell 3 items on each account x10 accounts then come back after 3 mo to sell more.

[AskSC]

Originally Posted by empirestate

Here's what I do.... sell 3 items on each account x10 accounts then come back after 3 mo to sell more.

How long until you can consistently sell as much as you want?

[Pandoras_box]

Originally Posted by AskSC

How long until you can consistently sell as much as you want?

I was comfortable after 90 days. After they ceased the 21 day hold. Others may differ.

[AskSC]

Originally Posted by Pandoras_box

I was comfortable after 90 days. After they ceased the 21 day hold. Others may differ.

How'd you get past the 21 day hold? But i feel like after you get past the hold you'll be good to go.

[yankee]

Holds come off 90 days from first sale IF 25 transactions occured and the total reaches at least $250.00

90 days is not a safe time but it is a lot better.

[AskSC]

Originally Posted by yankee

Holds come off 90 days from first sale IF 25 transactions occured and the total reaches at least $250.00

90 days is not a safe time but it is a lot better.

so for the first 90 days, its best to keep it under 25 transactions? then start selling more after 90 days? Some people get holds like the user above. How do you guys recommend getting passed the hold so i can continue to sell as much as i want without ebay interference?

[yankee]

Originally Posted by AskSC

so for the first 90 days, its best to keep it under 25 transactions? then start selling more after 90 days? Some people get holds like the user above. How do you guys recommend getting passed the hold so i can continue to sell as much as i want without ebay interference?

In 90 days all my accounts will have over 100 transactions.

[AskSC]

Originally Posted by yankee

In 90 days all my accounts will have over 100 transactions.

I get what youre saying. So, you're kind of saying sell as much on my stealths within 90 days as possible. Then start a new one. because the holds for you come off 90 days after first sale. I have to deal with a 1k limit my first month though. since im creating my stealths from scratch and not buying them.