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How do I bid on an auction?
Credit Card On File:
To ensure that users of SportsBuy Auctions are legitimate, users are requested to have to a credit card on file. If you can not or are uncomfortable with putting a credit card on file, you can contact SportsBuy at 310.568.8825 x114 to make alternative arrangements. Click Here add a Credit Card on File or you can add one later on your My Account page.

Auto/Proxy Bidding:
Bidding on an item is simple. Each auction shows the starting bid or current high bid along with the next incremental minimum bid. You can post your maximum bid that you are willing to pay. The SportsBuy Auto Bid feature will only display the lowest possible bid needed to make you the high bidder. For example: If you post a bid for $100 on an auction, but another user has only posted a bid for $50, then your bid will only be posted for $51.00 (the next increment). The Auto Bid will continue to post the lowest possible bid below $100 or until you are outbid by another user.

Dynamic Auctions
SportsBuy's Auctions are all "Dynamic Auctions" which extends an auction time by 60 seconds, any time a bid is placed within the last 60 seconds of an auction. Dynamic Bidding allows bidders interested in an item to continue bidding on items, without worrying if they are going to outbid in the very last second.

Reserve Bid:
When a seller sets a Reserve Bid amount, they are putting a price, which is not disclosed to the bidders except to announce whether the Reserve Bid has been met, which is the lowest bid that they will accept as a successful auction.

How do I "Buy Now" or "Make an Offer" on an auction listing?

Buy Now
The Buy Now price is set by the seller at the amount that they are willing to stop the auction and sell their item for. When listing an item for auction, Sellers can choose to have their Buy Now price removed once a bid is placed, the bid reaches 50% or 75% of the Buy Now price or within 24 hours of their auction end time. *Please note that the seller has the option to not include a Buy Now price with their auction. In addition, the Buy Now price is automatically removed within the last 24 hours of the auction end time. When an item is purchased outright using Buy Now, the auction is automatically closed and all bids are cancelled.

Make A Private Offer
Users have the option to Make A Private Offer to a seller. Once a Private Offer is made, the seller can accept, counter or decline the offer. When an item is purchased outright through a Private Offer, the auction is closed and all bids are cancelled. *Please note: If an auction closes with no bids or below their reserve, buyers can still make a Private Offer to the seller to purchase the item.

Shipping (Combined Shipping + Combined Transaction Fees)

SportsBuy Sets "Fair" Shipping Prices on All Auctions:
All Shipping Prices are set by SportsBuy based on USPS charges of the item's weight and where the buyer and seller are located. This feature ensures both the buyer and seller that a "fair" shipping and handling cost will be set. So, unlike other auctions sites, buyers don't have to worry about all of the different Shipping/Handling charges that different sellers set for the same item, or hidden costs that are often included with listings after the sale. This feature also saves the seller time when they are listing their auctions.

For any item over $25, buyer is required to pay Shipping Insurance / Buyer Protection Shipping Fee. The seller has the option to pay their shipping company the insurance fee or self-insure their package. However, in the event that an item over $25 is not received by the buyer and there is no proof of delivery, SportsBuy will refund the buyer from the seller's account. SportsBuy does keep track of buyers that continuously report not receiving their items and SportsBuy will take appropriate action against buyers that attempt to abuse the system.

Combined Shipping
When a buyer wins multiple auctions from the same seller in the same calendar day (M-F Midnight to Midnight PST) - SportsBuy automatically combines the auctions shipping costs (minimum $0.60 per add'l item).

Transaction Fees Combined
When the shipping costs are combined, so are the transaction fees. (The Payment Processing fees, however, are not combined).

How do I pay for an auction I won?

Paying for a winning auction is convenient and completely automated
When an auction closes, the item is paid for by the cash in your SportsBuy account. If there are not enough funds at the close of the auction, your Credit Card on file is charged. Users do have the option to have Sportsbuy set-up their account to pay for their winning auctions with a Credit Card, PayPal or Check/M.O. Contact SportsBuy 310.568.8825 x114 for more info on not having your credit card on file automatically debited after the close of an auction. *Please note: Another option for buyers is to pre-fund your SportsBuy account prior to the auction closing.

Paying for i
In the event that the buyer's SportsBuy Account and Credit Card on file fail, an automated email will be sent to both parties. The winning bidder will be directed to a page to pay for the item they won. If the buyer does not pay in 3-5 days, they will be contacted by SportsBuy again. In the event that the buyer still does not pay for the item, SportsBuy will reverse the transaction, and the winning bidder's account will be suspended or permanently removed. The seller can also contact the buyer during this time or they can choose to let SportsBuy handle the collection process.

What are the bid increments?
The Bid Increment is the minimum amount that the next bid needs to be placed at.

The SportsBuy Auction Bid Incrments are as follows:

$0.01 - $.99 = $.05
$1.00 - $4.99 = $.25
$5.00 - $29.99 = $.50
$30.00 - $99.99 = $1.00
$100.00 - $249.99 = $2.50
$250.00 - $499.99 = $5.00
$500.00 - $999.99 = $10.00
$2500.00 - $4999.99 = $50.00
Over $5000.00 = $100.00
How do I post auction listings?

SportsBuy Auction Listings Info: Posting listings on SportsBuy is completely free. In addition, many upgrade fees are completely free or very minimal.

How to List: To list an item click on the "Post a Single Listing" or "Post Multiple Listings" link found on the top right corner of every page. Here you will fill out your items details along with the Quantity and your Buy Now Price (no additional fee). Every seller gets a Free Storefront on SportsBuy (VIP Upgrade Storefronts are also available) and every listing you create automatically gets listed on SportsBuy & your Storefront. To send your listing to auction, there will be a "Send to Auction" button on the confirmation listing page, where you will fill out the auction details including your starting bid & date of your auction. Once posted your listing will now be live on your SportsBuy, Auctions & Your Storefront.

Consecutive Auctions: On SportsBuy Auctions, you have the ability to run consecutive auctions for an item until all of the items are sold. For example: If you have 75 Signed Photos, you can choose this feature to run 1 Auction until all items are sold. While 1 Auction is running your remaining inventory is for sale on SportsBuy & your SportsBuy Storefront. The cost to run a consecutive auction is $.02/listing. Therefore, to run a 7-day auction every week for a year would only be $1.04.

Collecting Payment For Your Sales: As soon as the Auction closes, SportsBuy charges the buyers Credit Card on file. If a users account is set up to pay with PayPal after the auction closes, an automated email is sent to the buyer with a link to pay for their winning auciton. Once payment is received, your SportsBuy Pending account is immediately credited. The transfer from your pending account to your SportsBuy cash account (where you can cash out via Check or PayPal or use the money to purchase items on SportsBuy) depends on your membership status:

After you confirm shipment on your Current Sales Page, your cash account will be paid accordingly:

VIP Gold: 3 days (up to $1500)
VIP Silver: 3 days (up to $750)
VIP Bronze: 6 days (up to $250)
Non-VIP Regular Members: 12 days

For More information about becoming a SportsBuy VIP Seller contact the SportsBuy VIP Department at 310.568.8825 x104 or Click Here for More Details.

Transferring Your eBay Feedback to SportsBuy: If you are a new seller to SportsBuy that have an excellent feedback rating on eBay, you can use your feedback rating to get started on SportsBuy. Simply contact VIP@sportsbuy.com (310.568.8825) with your eBay User ID & your Sportsbuy Account Number (located within your Sportsbuy Account). This way you don't have to start from scratch (*Please note: your eBay feedback rating is not changed).

Transaction Fees

SportsBuy "No Listing Fee" Auctions, allows sellers to list auctions without any risk. Only if the item sells would there be a transaction fee (see below). Sportsbuy Auctions do have some "very low" optional fees for users that allow the sellers auction to be featured, highlighted and/or provide convenience. *Please note: Buyers pay a Shipping/Handling & Processing Fee unless the seller offers Free Shipping. Please review the S/H policies above for more information.

Optional Upgrade Listing Fees:
*Consecutive Listing Fee: $.02/listing
Top Banner Line: $.10
Shaded with Border: $.10
Featured at Top of Search Results: $.25
Featured on Auctions Home Page: $1.50
Reserve Price: $1.00
Listing and re-listing: Free
Add'l Images (#3 & #4): Free
Choosing Your Own Listing Start & End Date/Times: Free
Optional Buy It Now: Free


Sold Auction Transaction Fees: $0.35 +

First $.01 - $50.00 = 4.95% (minimum $.10)
Next $50.01 - $1000.00 = 2.95%
Remaining amount over $1000 = 1.35%

Payment Processing Fee:
All buyer's payments are made through SportsBuy. Buyer's have the option to pay via PayPal, Credit Card, Check or Money Order. SportsBuy charges the seller its average costs (2.99% + .39) on every transaction.

Buy It Now Fee:
If an item closes through a Buy It Now or through Make an offer, the transaction will go through the shopping cart. Therefore, theSportsBuy Storefront/Fixed Price Fees are charged. Click Here to view the Storefront/Fixed Price Fees.


 
 

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