Posted Oct 22, 2006 at 09:50PM by Kristine C. Listed in: News Tags: eBay, PayPal
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PS3 auctions on eBay - Image 1PS3 auctions on eBay - Image 2PS3 auctions on eBay - Image 3
PS3 auctions on eBay - Image 4PS3 auctions on eBay - Image 5PS3 auctions on eBay - Image 6


It all started earlier this month when it was deemed too early to have PS3s in eBay. After a while, this then resulted to eBay admin removing all PS3 and Wii pre-order listings on their site, much to the disappointment of many sellers. Now, it seems that eBay has had a sudden change of heart a mere week after the mass listing pull-outs, and many are left to wonder if there would be another about-face anytime soon.

That's right, the people over at eBay have finally made the decision to allow PS3 and Wii pre-orders to be posted on their site, but only if the sellers meet certain conditions. Though those conditions haven't been directly pointed out by the auction site's admin, it has been noticed that many of the allowed listings have the following going for them:
  • A Feedback of 50 or more
  • Feedback score must be 98% or above
  • Sellers may only list one system. They may list one PlayStation3 and one Nintendo Wii with a photo of the pre-order receipt for each system
  • Sellers must accept PayPal as their only payment option
  • Sellers must include a photo of the receipt in the listing
  • Buy It Now will NOT be allowed
  • One-day listings will NOT be allowed
On their policy page however, what eBay DOES specify is that:

The seller must guarantee that the item will be available for shipping within 30 days from the date of purchase (i.e., the day the listing ends or the date the item is purchased from a store front listing). The seller must also clearly indicate within the listing the fact that the item is a pre-sale item with a delivery date that indicates the item will be shipped by the 30th day from the end date of the listing. Additionally, this text must be no less than the default font size of the eBay Sell-Your-Item form. Currently, the default font size is HTML font size 3.


Violations of this policy may result in a range of actions, including:

  • Listing cancellation
  • Limits on account privileges
  • Account suspension
  • Forfeit of eBay fees on cancelled listings
  • Loss of PowerSeller status"
Hmm... Now that eBay has allowed these kinds of listings to be placed on the site for the public to bid on, one speculation on how this happened is that they may have realized the revenue potential that the sales from these pre-orders may generate. After all, eBay does charge listing fees as well as - correct me if I'm mistaken - a small percentage of the final bidding price. Considering that these pre-orders reach past the thousand-dollar mark, we're talking about good money here.

And yes, you heard us right. There are already ongoing auctions for PS3 and Wii pre-orders, which are nearing the TWO-thousand-dollar mark by the hour, as shown in these screenshots that we took just now. Nintendo Wii units, meanwhile, are hovering around the US$ 500 to US$ 700 price range.

On the other hand, considering the fact that scammers are prevalent on online auction sites and their favorite baits are "hot" electronics such as cellphones, gadgets, and laptops, perhaps eBay also does have a good reason to be more cautious in handling this whole next-gen hullabaloo.

So, if you plan to order your console on eBay, just remember to stay safe, follow the safety guidelines, and if it's too good to be true, then it most probably is.

Nintendo Wii pre-order auctions - Image 1Nintendo Wii pre-order auctions - Image 2




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11 Comments


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   by Annony - 2006-10-22
 » I've lost faith in humanity...

Who in the Hell would drop an extra $1,000 on JUST the console?!

"Only two things are infinite, the universe and human stupidity, and I'm not so sure about the former."
-Albert Einstein

   by - (Unregistered) - 2006-10-22
 » this just shows that the ps3 is way more in demand that the 360 ever was

this just shows that the ps3 is way more in demand that the 360 ever was.

even during launch, the 360 never got up to this price on ebay for so many of their consoles.

PS3 FTW!!!


   Re: MEOW (Unregistered) - 2006-10-26
 » Tard

The PS3 is $600. The 360 is $400. There was a MAJOR demand for the 360 when it came out. Prices on eBay were at $700+. Wouldn't it be stupid if you were to sell the PS3 for $700? That's only $100 more than what the system costs. The sellers jack the prices up like crazy for a profit. People bid. Oh and BTW, the prices of the consoles being sold on eBay are pretty much what you'd be forced to shell out for the PS3. Why not bid now?
   by lawl (Unregistered) - 2006-10-22
 » actually i think one did

IIRC, one x360 auction was of over 2k. I think it included games though so I dunno.

   by PSWii (Unregistered) - 2006-10-23
 » I will keep mine :D

I am just happy to get one at retail price.

How can people justify spending so much?

Its exciting times I tell you that.

   by - (Unregistered) - 2006-10-23
 » pretty amazing

pretty amazing to see the ps3 sell at such a high price at such an early stage with so many people bidding already before its even launched. I'm pretty sure this has not happened to such extreme degree with any other consoles in history (this includes the 360).

The demand will only increase from here on out. Looks like sony will win.

PS3 ftw!!!

   by Andrew (Unregistered) - 2006-10-23
 » Oh man...

i hope those turn out to be the rules for sellers. how am i going to sell my 5 ps3s i have on preorder =(

   by Enigma (Unregistered) - 2006-10-23
 » A shame really

There are alot of greedy people out there who love to abuse situations like this am from the uk sucks i know but ive got connections in japan so i aint crying over spilled milk but still i wish people would be reasonable and help rather then take every last hard money of eager gamers.

Peace Out.......

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   by senjutsu - 2006-10-23
 » only stupidity would buy at this price

I mean, there's limit to be impacient! man wait 1month and learn pacience...

   by lansingone - 2006-10-23
 » not so manny things that are this funny on this site

hahaha why would thay want to pay so much? thay can wait a few more weeks and get in line for second shipment

   by BRandon (Unregistered) - 2006-10-23
 » question

Would the Demand increase or remain the same after the nov 17 launch?



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