My mum has asked me to sell a large and high value item on Ebay for her.
It's highly collectible and worth about 8k. It was my dad's (he died three years ago) and though she is reasonably fond of it, she wants to sell it and split the money between the five grandchildren.
I am happy to help her, but I have never sold on Ebay (only bought).
Can I ask some of you experts a few questions?
I have looked through Ebay selling guides and I am still a bit confused.
How much % will we be charged to sell something (assuming we get 8K). Is the charge different if we do a Buy it Now or an Auction?
Is it better to have a reserve or a Starting bid?
I am so worried about being scammed. Is it best to use Paypal for payment? Is there an additional Paypal charge (as well as the listing fee?) I've viewed similar items and lots of them say cash on delivery. I don't want my mum with that amount of cash in the house (Obviously).
I have several similar items on watch at the moment, and I know our price is about right.
It's at mum's and too big to move to my place, plus I work. We are going to put collection by buyer or buyer to arrange transport, but we know we'll have chancers ask us to deliver. We live quite rurally.
Any words of wisdom? I am really nervous about this, mainly because you hear horror stories about being scammed, and it's my late dad's, I'd be heartbroken. Dad would be happy about it being sold for the grandchildren, but I need to get it right.
Any advice? I'd be very grateful.