Showing posts with label listing. Show all posts
Showing posts with label listing. Show all posts

The eBay Item Listing Rules




Because eBay is such a huge marketplace, with



members from all walks of life, in almost every single



country around the world, it is no wonder that there



are many scammers lurking about. In order to better



protect the buyers, eBay has specific rules



concerning the items that can be auctioned off on



the site. These rules must be followed, or the



person posting the item for auction can be banned



from the site.





Even though there are numerous categories, items



that are put up for auction really only fall into one of



four categories at eBay: Prohibited, Questionable,



Potentially Infringing, and Approved. Approved is the



simplest category to define and understand. An



approved item is any item that does not fall into one



of the other three categories. That is fairly simple,



right?





After the ‘approved’ category, however, it starts to



get a little harder to understand – with the exception



of prohibited items. A prohibited item may not be



auctioned on eBay for any reason, under any



circumstances. Prohibited items include alcohol,



drugs, animals, tobacco, human remains or body



parts of any type, lottery tickets, and



governmental property. There is quite a bit more



on the list, and that list can be viewed at the



eBay website.





Questionable items are those that are not prohibited,



but are not necessarily infringing. Adult material falls



under the ‘questionable’ category. Tickets of any



type may also be questionable. Law enforcement



related equipment, as well as guns, knives, and



other weapons are questionable items. Artifacts,



food items, batteries, all hazardous chemicals



and materials are also on the list of



questionable items. You can auction questionable



items at eBay, as long as those items meet certain



conditions.





Potentially Infringing items are those that violate



copyrights, trademarks, and other legal rights. These



items are almost always some type of media, such



as software, DVDs, and CDs, but the list contains



other items as well, such as counterfeit items and



illegal recordings. You can find out more about



‘potentially infringing’ items at the eBay website



as well.





If you are unsure as to which category your item falls



into, you should contact eBay with this question



before setting up the auction. As a buyer, you



should carefully consider the consequences of



purchasing items that fall under one of the three



categories above. In some cases, it may be very



illegal to have some of those items in your



possession – no matter how they were obtained.



Before making such a purchase, or bidding on such



an item, you should find out more details about the



item in question, and then get some legal advice.

Types of Listing Contracts


A listing contract is an agreement between you and a licensed real estate broker that authorizes the broker to represent you in the process of selling your home. There are several different types of listing contracts, but very few of them are used. The most common one used is the "Exclusive Right to Sell". But will find that there are a lot more types, allowing you to choose the level of authorization to give to your agent. Here are some of them:



Open Listing



Considered the one most generally used, this type of contract is for people who are want to both sell their home and work with real estate agents. What the contract does is giving the right for agents to do showings of your home, and gives them an amount of commission if the client chose to buy your house. The good thing about open listing is that there are nothing exclusive or painfully bonding about them. The bad thing is that you can expect less marketing or advertising done.



One-Time Show



This type of listing contract is pretty much the same to open listing. It’s generally used by people trying to sell their own home and involving an agent for the home showings. The listing contract identifies the potential buyer and guarantees the agent a commission if that buyer buys the home. Just like open listings, this type lacks of marketing efforts.



Exclusive Agency Listing



During your home selling, you will find that different types of listing contracts involve a lot of different people. This one involves a broker. Basically an exclusive agency listing will give you the right to sell your own home, without paying the broker any commission unless the house is sold through a licensed real estate professional. Should the house be sold without any help of agents, the contract allows homeowners to pay no commission at all. The reason why this type of listing contract is widely used is the temptation of not having to pay your broker.



Exclusive Right to Sell Listing



The most popular type of listing with sellers and brokers, this contract gives the full right for your broker to do whatever it takes to sell your house. For obvious reasons, this is probably the type of contract where you can expect the most incentive from the agent – a good marketing effort can take place here, and the homeowners’ work is much reduced.



Before you choose your contract, always make sure you know every type of listing contracts available to you. Take in mind how much effort you would like to contribute to the home selling – this is often what distinguishes the types. Discuss the possibilities and disadvantages of each type. Remember, a listing contract is your first legal step in selling your house – take that step carefully.