There's is also a sense of excitement while bidding, and it's a little addicting!
Took the words right out of my newly valium infested gord, Dom!
I have a blast on Ebay, but sometimes I get a little excited and start hyperventilating, so my wife has put me on a light valium protocol.
Seriously, I have made some extremely good buys on Ebay. The thing is, there's a certain amount of patience involved and it boils down to how long you're willing to wait for
The Deal.
I've said in other posts that while a lot of retailers don't believe that consumers are capable of determing current street prices, and just throw items out at catalog prices, there are those that realize that they have a new media of exposure, and that volume sales by virtue of price slashing adds up as quick as the less frequent sale at full pop.
Closer to the end of the month seems to be the best time to start looking for items from smaller retailers and pawn shops. Everybody has a P&L, and sometimes they get desperate when there's is looking thin at months end!
Doesn't have to be risky, either. No feedback=no buy. Let others build a new seller's reputation. If a seller has a lesser feedback than I feel good about, I'll email them for an address and phone number. If that pans out, my next consideration is how far away they are if things "fall apart" after the sale.
I'm not shy about contacting someone before the auction really gets going, either. I don't mean to cut throats (...yes I do!), but I have had many sellers contact me with a low ball price before bidding begins, because I present myself as a sure thing if I'm truely interested.
Anyway, the patient and careful will do well on Ebay.