The Official E-Bay Scalping Thread

[quote name='Chris S']How safe is Craigslist? I'm not too sure about meeting someone in public that I don't know and making a $1500+ transaction. Anyone done this before? Maybe with Xbox 360?[/quote] People sell used cars all the time by meeting in very public places. I would definitely not show up alone, and make sure you have some sort of protection. I bought a used car once, and the seller carried around a handgun under his seat. Overall, this would vary depending on where you live. It just depends on how safe you think your area is.
 
[quote name='Chris S']How safe is Craigslist? I'm not too sure about meeting someone in public that I don't know and making a $1500+ transaction. Anyone done this before? Maybe with Xbox 360?[/QUOTE]

you could just meet at your local Police Department. if the seller has issues with that there's your red flag.
 
[quote name='hfdpro']There was a time when talk like this was frowned upon on this site. Not trying to make anyone mad, but to all the gamers out there trying to find this item, it just makes it that much more difficult. I have a Wii pre-ordered, not interested in the PS3 at this time, so I guess you can call this an un-biased opinion.[/QUOTE]

People are idiots/lazy, and I plan to make money off of that. If you don't like it, go back to fucking Russia, you red bastard.
 
Sad you would have to resort to name calling. In the U.S. there is such a thing as freedom of speech. Not everyone has to conform to your belief. My prior remark was only to show how much this site has changed, in some ways reflecting the attitude of a Fatwallet or Slickdeals mentality. Good luck in your venture.
 
[quote name='hfdpro']Sad you would have to resort to name calling. In the U.S. there is such a thing as freedom of speech. Not everyone has to conform to your belief. My prior remark was only to show how much this site has changed, in some ways reflecting the attitude of a Fatwallet or Slickdeals mentality. Good luck in your venture.[/QUOTE]

In the US of A, we have a thing called "jokes". I'm sure whatever fascist regime that runs your country outlawed them years ago, but we like to tell them in this hemisphere.
 
It's a little difficult to project sarcasm in a forum. I guess we can agree to disagree. That's what makes this country great.
 
[quote name='pop311']Why do people think PS3 ebaying is an evil thing? It's just a smart and profitable idea.[/quote]
all it is, is monkey see monkey do... You're lucky to even get a PS3 near launch though, so it's going to be very profitable indeed.
 
[quote name='pop311']Why do people think PS3 ebaying is an evil thing? It's just a smart and profitable idea.[/QUOTE]

Actually your right about it being a profitable idea because those that are dump enough to pay those way over retail prices have what I like to call, "Gotta Have It First Syndrome." This is were people just have to have something before everyone else which is stupid as fuck to me because everybody that wants one by the end of the system's life cycle will be able to get one. I said the same thing around the launch of the 360.

Pop311 like your custom title.
 
[quote name='pop311']Why do people think PS3 ebaying is an evil thing? It's just a smart and profitable idea.[/quote]

well for starters, this kind of action is what caused the stock market to crash that caused the great depression.... no not selling ps3s at high prices, but inflateing the price of stock untill no one can pay it. To be truthfull, its more like it if the people paying 2000 for a ps3 re sold it at 3000 or 4000.


becuse it shows sony that they should really just sell the first batch of ps3's at 3000$ (except thats price gaudgeing i think) and lower the price from there, and we all want that right? what if all companies increased prices on the things we need like food, and water, or gas.... ect. Would it be right? would you be ok with that?

like i said in the other thread, i know food and consoles are diffrent, but some here have been brainwashed to think that they arent are being taken advantage of, or taking advantage of others.

[quote name='halabertan']Why do people think selling coke at 50$ a six pack is an evil thing? It's just a smart and profitable idea.[/quote]

*edited for clarity*
 
[quote name='White-Wolf']http://www.kotaku.com/gaming/top/foreign ers-and-fights-ps3-jpn-launchs-dark-side-214130.php

this could be us on the 17th. i think anyone that sells a ps3 on ebay ect isent really a gamer let alone a cag. Thats my though, and thats what makes this country great.[/quote]

"This is the true face of the PlayStation 3 debut in Japan. Hardcore gamers are not here waiting in line overnight, buying a first-run PS3, and running home to play some good old next-gen gaming. Rather, opportunistic Japanese businessmen have the largest presence, hiring poor Chinese men and women to wait in line for a PS3, one which will later be sold on web auctions to wealthy gamers around the world for exorbitant amounts of money."

So basically these Japanese buisiness men took advantage of the poor Chinese in Japan, by having them wait inline for them. That sounds just wrong. I hope they enjoy the $600-700 they'll make (at this point) , scum.
 
[quote name='White-Wolf']well for starters, this kind of action is what caused the stock market to crash that caused the great depression.... no not selling ps3s at high prices, but inflateing the price of stock untill no one can pay it.[/quote]

haha... sorry, but that's not why the great depression took place XD
 
[quote name='lmz00']haha... sorry, but that's not why the great depression took place XD[/QUOTE]

I'm pretty sure he wasn't refferring to a single item, especially not something equivalent to a frivilous PS3 purchase, but the same core principles here definately took place and help fueled a crash, most definately.

See: http://en.wikipedia.org/wiki/Economic_bubble
 
[quote name='lmz00']haha... sorry, but that's not why the great depression took place XD[/quote]
So all the economic laws regulating the stock market after were just fluff? It may not be a sole reason, but it was a factor. Rather then saying I’m wrong, please enlighten me. Give me your truth and knowledge.
 
Let's keep morality discussion out of this thread. START YOUR OWN THREAD, if you want to complain about ebay sales.]

EDIT: ALSO PLEASE DON'T FEED THE TROLLS!!!
 
[quote name='DomLando']Do you think it's smart to put the PS3 up the first day or wait until closer to the holidays?[/QUOTE]
bumping this question :)
 
I think PS3s will be like 360s. The price will be highest at or before launch, and slowly trickle downward. This time around there are two cheaper and relatively more available options. I would get rid of PS3 before the Wii takes some of the wind out of the sails.
 
[quote name='Dr Mario Kart']I think PS3s will be like 360s. The price will be highest at or before launch, and slowly trickle downward. This time around there are two cheaper and relatively more available options. I would get rid of PS3 before the Wii takes some of the wind out of the sails.[/QUOTE]

I think it will be different; I don't think the bubble will burst immediately, but because such a large portion of people plan on selling theirs immediately (my GS manager told me that only one of his preorders has purchased software thus far), it won't be as extravagant as some of the resellers think. If you're patient enough to wait 24 hours after launch, when the prices start to drop (they will assuredly start sky-fucking-high), you'll be able to secure a PS3 for under $900-1000 for a 60GB. Within 1 day. That's my prediction.

If we accept a conservative estimate of 10% of all PS3 systems sold are put on eBay immediately after launch, that's 40,000 systems vying for your auction attention.

A cursory glance of eBay this morning saw that most Japanese PS3 systems were selling for $1200-1400. Fewer than 10 ended over $1500, and one anomaly ended over $2000 (and that included some extras, I think).

Now, domestic systems will be more attractive to American buyers, but if you consider that there will be a massive increase in the number of systems being sold on eBay come the American launch, it just might balance out.

I truly think the PS3 launch will be a bust for profiteers. I also truly hope it is.
 
[quote name='mykevermin']I think it will be different; I don't think the bubble will burst immediately, but because such a large portion of people plan on selling theirs immediately (my GS manager told me that only one of his preorders has purchased software thus far), it won't be as extravagant as some of the resellers think. If you're patient enough to wait 24 hours after launch, when the prices start to drop (they will assuredly start sky-fucking-high), you'll be able to secure a PS3 for under $900-1000 for a 60GB. Within 1 day. That's my prediction.

If we accept a conservative estimate of 10% of all PS3 systems sold are put on eBay immediately after launch, that's 40,000 systems vying for your auction attention.

A cursory glance of eBay this morning saw that most Japanese PS3 systems were selling for $1200-1400. Fewer than 10 ended over $1500, and one anomaly ended over $2000 (and that included some extras, I think).

Now, domestic systems will be more attractive to American buyers, but if you consider that there will be a massive increase in the number of systems being sold on eBay come the American launch, it just might balance out.

I truly think the PS3 launch will be a bust for profiteers. I also truly hope it is.[/quote]

That is a reasonable analysis, however, when the 360 launch, I counted out approximately 10% of those went straight to ebay as well, when I searched the total number of auctions. However, it will likely be more like 20-30% for the PS3. However, to combat that extreme # of resales, is the extreme popularity of Sony's playstation brand. It's at least 5-10x more popular then Xbox. I've seen so many people who don't know shit about video games, yet are willing to line up for a PS3. The popularity is just enormous for a PS3, and that will balance out the enormous amount of ebaying, plus the competition of the wii and 360. It'll still be pretty monstrous as to how much money will be fetched on ebay. Likely hovering b/t 1500-2000 for the first couple days, leveling off to 1000-1200, and as christmas get's closer, 800.
 
^ Well sumed up post. The only reason the prices are so high is because of the hype. There is going to be such a huge flood of PS3s on ebay, I don't expect prices to go over $1500 (real buyers) on launch, and trickle on down from there. If there are alot of problems with the first batch of PS3s, prices will probably drop off even more. I wouldn't say the PS3 is more enormous over the 360. I see alot more casual players nowadays talking about Halo, and now Gears of War for the 360.
 
If I can get $1,300 for mine I'll be very happy. All I want to do is cover the cost of another PS3 plus eBay and Paypal fees.

Also, I'm not too worried about getting a chargeback or anything because I created a bank account specifically to move money in and out of Paypal. Once the money is in my Paypal account I'll transfer it to my bank account. Then I'll go to my bank and withdraw the money. I don't see how Paypal could get the money from me after that.

I plan on listing the PS3 the second I bring it home with a BIN of $2,000 (and free shipping!). I'll post tons of pictures and stay on top of the auction to answer questions, etc. I plan on filming myself boxing up the unopened system for shipping and bringing it to the post office. I'll email the video file to the buyer or post it on YouTube or something for proof. Overkill? Maybe but I just want to be safe.
 
[quote name='javeryh']If I can get $1,300 for mine I'll be very happy. All I want to do is cover the cost of another PS3 plus eBay and Paypal fees.

Also, I'm not too worried about getting a chargeback or anything because I created a bank account specifically to move money in and out of Paypal. Once the money is in my Paypal account I'll transfer it to my bank account. Then I'll go to my bank and withdraw the money. I don't see how Paypal could get the money from me after that.

I plan on listing the PS3 the second I bring it home with a BIN of $2,000 (and free shipping!). I'll post tons of pictures and stay on top of the auction to answer questions, etc. I plan on filming myself boxing up the unopened system for shipping and bringing it to the post office. I'll email the video file to the buyer or post it on YouTube or something for proof. Overkill? Maybe but I just want to be safe.[/QUOTE]

Good call with the buy it now. Hopefully somebody will panic and jump on it before the market gets saturated and prices drop.
 
Where are you guys going for your PS3s?

I have two options. Go to Wal-Mart in a town with 30,000 people and wait in line (missing school) in the warm Wal-Mart store for about fourteen hours. Or, I could go to Kmart in a town of around 10,000 people and wait in line (missing no school) outside in the freezing cold for ten hours or so.

I don't know.
 
[quote name='yuckfou']bumping this question :)[/QUOTE]

It's all dependent upon how many units will hit retail prior to the Xmas season after the initial launch. I'm predicting nilch.. as was the case with the PS2. This is very new hardware folks... we're not just talking new processor, but new disc medium as well. I believe components are going to be in short supply for a long time, and they will likely ship slightly under 400,000 units.

Initially.. they will sell high. As the market floods (increase in supply), price will fall. However.. after the initial 2 weeks (in which Ebay is flooded), prices will climb until shortly after the Xmas holidays. Why? Wealthy parents and spoiled kids, early adopters who were left out, and zero supply.

Then again.. I may be wrong. People may just say fuck it and go to 360 and Wii for their fix. However, Sony does have that brand equity going on.. and as an earlier post stated, people just want the damned thing for having the Playstation logo on it.

While Sony has dropped the ball on this one (and lately for that matter), all of their previous successes have created a degree of brand equity and that "hip" factor through previous successes to create word-of-mouth consumer demand for this damned thing. Just as uneducated consumers referred to every damned video game on the planet as a "Nintendo" in the 80's and late 90's, people have now associated "Playstation" with "video games." All they know is that a new PS is coming out, and they want it.

I say give it a couple weeks, ride it out if you can. Everything hinges on a second shipment, and the fluctuation of supply and demand. I have joked on plenty of camping events before, but my punk ass has taken half of Friday off now in case I want to fight the hordes at Best Buy early in the AM to earn some Xmas money.
 
For all the scalpers out there!!
Breaking News!
PS3 shipments cut. GAmestop can't complete all preorders!!! Woohoo! Ebay stock is going to rise!! already up to around 1600-1700 today after the news, likely to rise more.

Just got called by my local gamestop. Thank god I'm#3. They offered me some free dvd's and games to give up my place in line. I laughed.
 
I got a call confirming mine will be in on Friday. Why would you list it now though? Why not wait until Friday, when the insecurity is beyond, you have a PS3, and the bidders know you're not blowing smoke?
 
I just called my GameStop and they still said that they expected to receive all 16 units they pre-ordered which seems untrue based on that news release, but I guess I really don't care as long as I get mine at #8 (probably #6 if the employee orders really do have to wait until 2nd shipment).

The interesting thing was that he told me they don't expect the units to arrive until that morning, so you can't pick them up until Friday around noon.
 
There were 2 that ended 3000+, w/ what look to be reliable bidders. Most are ending in the 1600-1700 range, which is up 200-300 from yesterday. I've got an auction running right now, that will end in 1.5 hours, and am debating stopping it. W/ the recent allocation cut, it seems as though launch day night might be the best time to end on Ebay.

I consider myself a veteran ebayer, but for once in my ebay career I don't know what's the right time. It will be flooded, but more people won't have one, and they'll be desperate. Right now the market is cornered to just experienced ebayers....

I remember for the 360 the market shot up like a rocket for the first 36 hours, then leveled off. I'm predicting the same for the Ps3....

Tough decisions. Any suggestions? Should I end, or cash in at around 1,700. 900 dollars profit and run or go for a home run??
 
[quote name='Rimmit']There were 2 that ended 3000+, w/ what look to be reliable bidders. Most are ending in the 1600-1700 range, which is up 200-300 from yesterday. I've got an auction running right now, that will end in 1.5 hours, and am debating stopping it. W/ the recent allocation cut, it seems as though launch day night might be the best time to end on Ebay.

I consider myself a veteran ebayer, but for once in my ebay career I don't know what's the right time. It will be flooded, but more people won't have one, and they'll be desperate. Right now the market is cornered to just experienced ebayers....

I remember for the 360 the market shot up like a rocket for the first 36 hours, then leveled off. I'm predicting the same for the Ps3....

Tough decisions. Any suggestions? Should I end, or cash in at around 1,700. 900 dollars profit and run or go for a home run??[/quote]

Why not go for a home run? Granted, I may have never sold anything on ebay before... but you'll make similar money on launch day with a 40% chance of a home run.

I don't claim to know what I'm talking about.
 
Personally, I'd leave it on. There's around 2000 PS3's listed right now. After launch that number could potentially be 20 times that. I expect most people to go with one day auctions meaning there would be multiple PS3's ending each minute which could really drive the price down.
 
If I sell using Paypal, what's the best way to secure my money?

I don't want some asshole telling Paypal they never recieved or it's broken and I get screwed?

Paypal can take money directly from your bank account can't they?
 
Paypal CANNOT take money from your bank account w/o authorization. That is considered an unauthorized transaction and can be disputed w/ your bank company.

Paypal CAN take money out of your paypal account. So basically the moment you get money, DUMP it into your bank account.
 
Idea regarding non-online/personal arrangements like Craigslist.

How bout signing a waiver when they pick it up stating something about you're not responsible for DOA consoles and the buyer will just have to take it up with Sony because you dont service warranties.
 
[quote name='Dr Mario Kart']Idea regarding non-online/personal arrangements like Craigslist.

How bout signing a waiver when they pick it up stating something about you're not responsible for DOA consoles and the buyer will just have to take it up with Sony because you dont service warranties.[/QUOTE]

I wouldn't worry about that. The transactions that take place on Craigslist are so informal I doubt whomever you sell it to would even know your name.
 
[quote name='Rimmit']For all the scalpers out there!!
Breaking News!
PS3 shipments cut. GAmestop can't complete all preorders!!! Woohoo! Ebay stock is going to rise!! already up to around 1600-1700 today after the news, likely to rise more.

Just got called by my local gamestop. Thank god I'm#3. They offered me some free dvd's and games to give up my place in line. I laughed.[/quote]

Think of all those Preorders that won't be filled, negative feedback anyone? THIS is why selling on ebay beforehand is bad.


[quote name='Dr Mario Kart']Idea regarding non-online/personal arrangements like Craigslist.

How bout signing a waiver when they pick it up stating something about you're not responsible for DOA consoles and the buyer will just have to take it up with Sony because you dont service warranties.[/quote]

Thats not a bad idea, if I decide to sell my PS3. Honestly, I don't want to lose a huge amount of money to evilbay ($120+ in fees). Plus having PayPal freeze my account.
 
[quote name='Dhuk']Think of all those Preorders that won't be filled, negative feedback anyone? THIS is why selling on ebay beforehand is bad.
[/QUOTE]

well, i would made a note to the buyer saying that if for w/e reason sony or gamestop can't fulfill the pre-order that u can a refund or wait until it arrives in your possession. But the former happens, u'll be SOL on the ebay fees
 
I would try to get a gift receipt if anything. I think that would be the best for them to take it to the store and get a replacement, or a refund since there won't be any more for a while.
 
As someone that uses UPS every day, use it. Trust me. Confirmed tracking numbers (instead of BS USPS ones), signature tracking, and auto-insurance - use UPS.
 
I will be taking pictures of my shit. Shipping boxes, bubble wrap, labels, EVERYTHING. Going to tags the pics with my name and and whatever else. I WILL not be getting fucked! Im talking sig confirmation, insurence all that good stuff. Buyers will have to have high feed back. I am going to let the buyers know in my description that I will be taking EVERY safety step possible. Maybe that will turn off the theifs...
 
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