EBay Business

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Please, who cares? The school couldn't give a damn if you are selling stuff off eBay from your dorm room. They don't care.

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<p>Thank you for enlightening the world with such great insight. Had you taken the time to read any other posts in this thread then you would have noticed that I indicated when a college would and would not care. Why do I know they would care? Because my sister is an RA, and I'm familiar with the threshhold of the school. Small (i.e, doesn't get very much money)=don't care. Large (i.e, gets you a lot of money)=care. I don't know how else to lay it out for you.</p>

<p>Can someone answer my question...do payments you recieve through paypal automatically go into your credit/debit card account? I have no idea where my earnings are...</p>

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Can someone answer my question...do payments you recieve through paypal automatically go into your credit/debit card account? I have no idea where my earnings are...
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<p>paypal funds go into a special paypal account that you have that is bascically just a number saying how much they think you have. You can take funds out of this account but only at maxium of 500$ per month and paypal has the right to take this money away at any time if they don't like what your doing with it or feel that your doing suspicious activities with your account.</p>

<p>You might want to try investing in the stock market instead if you have startup money. The stock market averages +10% per year. Heck, you could even buy ebay stock. But I think ebay is a bad stock. I prefer oil and REIT.</p>

<p>ok...so if its illegal to use your dorm for "commercial intent," you can't sell anything? I was thinking of selling my car in Autotrader, but it will be parked in the dorm parking lot and I would post it using the school's internet connection...good think I know now that that is against my housing agreement!! thanks guys. LOL.</p>

<p>seriously tho, I don't think anyone would care if you sell stuff on ebay. ppl do it all the time.</p>

<p>On a similar note, I have a whole lot of Magic cards (as in the card game...like pokemon but not so lame...I bought a lot when I was younger). I want to get rid of them and I am trying to figure out the best way. I've used ebay for a long time (mostly as a buyer) but magic cards dont go for much there and it would be a pain in the ass to list so many cards as auctions.</p>

<p>I've found some dealers online that will buy entire collections in one shot and seem to pay better for cards (and buy cards that would never sell on ebay) but its hard to tell which one would be the best to go with or if ebay would be more profitable.</p>

<p>As to the people trying to make money on ebay, you could try drop-shipping. Its the process where you sell products that are made in hong kong or such and once the auction finishes you have the manufactuer/supplier ship directly to your customer. The shipping costs are high but your labor isnt. I think the key if you want to do well on ebay is the rule "dont be a dick". Sure, there are powersellers out there who routinely send out crap and have terrible service that are doing just fine but if you want ebay to last, you are going to have to treat the customers how you would want to be treated. Always list the faults of the item (if they are minor and unnoticable--list them anyways, the buyer will be happier when they get it) and make sure you have clearly stated policies regarding returns of defective items. As more and more people try to make money on ebay, they have to play nice or its going to fall appart from lack of user confidence.</p>

<p>Is it free to set a reserve price for an item you list?</p>

<p>With Paypal, does the money you spend subtract from the money you've made? Where do you claim your earnings on paypal?</p>

<p>this guy dping paypal is a bit looney. paypal is fine and secure. why would it be affiliated with ebay if it was unsafe?</p>

<p>whats REIT</p>

<p>It's affiliated with eBay because eBay owns Paypal LOL.</p>

<p>Paypal has its faults (especially when it comes to shady buyers and sellers). All it takes is a fake complaint and your account is frozen for long enough to interrupt you. </p>

<p>The problem is that they are becomming more and more of a bank without any of the obligations real banks have (such as federal regulations). They are a MONEY TRANSFER SERVICE, and it is best that you use them as such...never keep more of a balance in a paypal account than you have to (I know that you are giving them unrestrained access to your checking account...but trust them on that one for now).</p>

<p>In response to Idiias, money recieved on paypal (after they take their fee off the top) is placed into your account and purchases from paypal generally take from the balance and THEN from the bank account/credit card. You could probobly set it to behave differently but the default is to drain the local account before tapping external sources (not that it matters to me, I'd rather it go from my paypal account first rather than the bank account that I can get to in other ways).</p>

<p>REIT - real estate investment trust, aka. buy houses and oil before they are all gone strategy</p>

<p>ok...thanks for the response</p>

<p>bump...(because of the annoying girl who polluted the forum with her 50,000 lists)</p>

<p>I've got a small trading business going on... so is it fine if I bring it to college as long as I rent some storage space elsewhere?</p>

<p><em>It is illegal to use your dorm as a place of commerical intent. Keep that in mind.</em></p>

<p>yes, technically, but think of all the girls that cut hair and all the boys that do computer repair out of their dorm rooms. no one gets mad at that.</p>

<p>and unless he's holding an inventory, then technically his computer is his office. so he could just as easily go to the local starbucks and make that his "place of business".</p>