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Internet auction sites, such as Kenya Online Auction and others have provided a great platform for literally millions of users to buy or sell virtually anything from unwanted household goods to high value items at the click of a button.

The vast majority of sales are concluded promptly and to the satisfaction of both parties. However problems can occur with the end result being the buyer left out of pocket or at the very least left feeling digruntled and cheated. You can limit the likelihood of this happening by following these five saftey tips.

-> Check The Seller's Feedback
Feedback is a way for previous customers to rate the seller and this is worth checking prior to purchasing an item. Kenya Online Auction has a feedback system and it's a great way to see if your seller has a good trading history.

-> Check The Item(s)
Review the description, pictures, model and the normal retail price of the goods. Ensure you know what you are buying prior to placing a bid. The old adage "if the price is too good to be true, it usually is" applies especially on high value/desirable items. If you are unsure about any aspect of the item you are purchasing then contact the seller. Good sellers will always be happy to answer reasonable questions.

-> Check The Small Print
How will the item be delivered and what is the cost? A common ploy by some unscrupulous sellers is to offer items at a cheap price but inflate the shipping costs. This practice seems more prevalent with long distance sellers but it certainly isn't restricted to them. Will the item be insured in transit? Where is it being shipped from and how long will delivery take? By answering the above questions prior to bidding then you can ensure you won't be worried later on.

-> Check How To Pay
You need to check what form of payment the seller will accept and whether there will be any associated costs. Never Pay With Cash!! The best methods of payment from the viewpoint of the customer are via Safaricam Mpesa or Western Union. Alternatively a bank transfer or cheque is another secure way of making payment. Using the methods above will also ensure that the seller will not see your credit card number and details. By paying via Credit Card you will be entitled to additional protection subject to your card issuers Terms & Conditions.

-> Check Your Bid
How much are you willing to pay? Consider any additional costs such as delivery etc and then if you are still happy with it place your bid. Remembering that if the bid is accepted then you will be expected to complete your side of the deal and pay.

Be Safe & Happy Bidding!!

Know Your Legal Obligations

You’re required to advertise your product or service and the terms of the sale honestly and accurately. You can’t place “shill” bids on your item to boost the price or offer false testimonials about yourself in the comment section of Internet auction sites.
You’re prohibited from auctioning illegal goods. While many Kenya Online Auction monitor to ensure that illegal items are not being offered, the responsibility for ensuring that a sale is legal rests with the seller and buyer.

You are required to ship merchandise within the time frame specified during the auction, or within 30 days, if a time frame is not specified. If you can’t meet the shipping commitment, you must give the buyer an opportunity to agree to the new shipping date or cancel the order for a full refund.

Advertising Your Product

  • When describing your item and its condition, state whether it’s new, used, or reconditioned.
  • Anticipate questions buyers might have and address them in the description of your item or service.
  • When possible, include a photograph of the item. There’s much truth to the saying that “a picture is worth a thousand words.”
  • Specify the minimum bid you’re willing to accept.
  • Specify who will pay for shipping, and whether you’ll ship internationally.
  • State your return policy, including who’s responsible for paying shipping costs or restocking fees if the item is returned.
  • Let prospective bidders know whether you provide follow-up service; if you don’t, tell them where they can get it.

Dealing with Bidders

  • Respond as quickly as possible to bidders’ questions about the item you’re auctioning or the terms of the sale.
  • When the auction closes, print all information about the transaction, including the buyer’s identification; a description of the item; and the date, time, and price of the bid. Save a copy of every email you send and receive from the auction site or the successful bidder.
  • Contact the successful buyer as soon after the auction closes as possible; confirm the final cost, including shipping charges, and tell the buyer where to send payment.

Arranging for Payment

  • If you accept credit card payments from the buyer directly, bill the credit card account only after you’ve shipped the product.
  • If a buyer insists on using a particular escrow or online payment service that you’ve never heard of, check it out by visiting its website or calling its customer service line. If there isn’t one, or if you call and can’t reach someone, don’t use the service. If the service claims to be affiliated with a government agency, that’s a sign of a scam.
  • Before agreeing to use an online payment or escrow service, read the terms of agreement. If it’s an online payment service, find out who pays for credit card charge backs or transaction reversal requests if the buyer seeks them.
  • Examine the service’s privacy policy and security measures. Never disclose financial or personal information unless you know why it’s being collected, how it will be used, and how it will be safeguarded.
  • Don’t use an online escrow service that does not process its own transactions, but that requires you to set up accounts with online payment services. Legitimate escrow services never do this.

Look Out for Fraudulent Checks or Money Orders

Sometimes, your bank may not alert you that a fake check or money order has been returned until after you have shipped the merchandise. If you are suspicious about a check because it is written by a third party or for any other reason, call the person who wrote the check to verify that they have authorized it. If you receive a check or money order for an amount that exceeds the successful bid, and the buyer asks that you wire the excess funds back to him or to a third party, do not wire the money. Instead, return the check to the buyer, and do not ship the merchandise.

If you accept payment by check, ask for a check drawn on a local bank, or a bank with a local branch. That way, you can make a personal visit to make sure the check is valid. If that’s not possible, call the bank the check was drawn from and ask if it is valid. Get the bank’s phone number from directory assistance or an Internet site that you know and trust, not from the person who gave you the check.

Auctions can be quite frightening for the newcomer. Although it may seem overwhelming, an auctioneer needs to know only a few things to start out on the right foot.

Registration
Registration is necessary for all online auctions. This process is usually very simple, and very secure. However, auctioneers must be at least 18 to participate in most auctions. To complete the registration process, you'll have to agree to the service's terms of service or terms of participation. (Amazon.com Auctions calls it a participation agreement.) This information will outline the service's dos- and-don'ts -- mostly the don'ts -- such as trying to manipulate prices, selling illegal goods, and other infractions. Use this agreement as a guide for any activity that comes into question.

Know About Fees
Although some online auctions are free, most charge some kind of seller fee. Most sites have insertion fees, or standard fees that are applied when the seller lists an item. These fees are usually very low but can vary from auction to auction. Other auctions may have value based fees or fees that are cut as percentages of the final sale. Whether an online auction uses one fee system or another, it is important to know how they will effect both the seller and buyer. Kenya Online Auction has very reasonable fees.

Know Bidding and Selling Rules
Auctions are rigorously structured, and rightly so. Therefore, it is important to know what your given role in an auction involves. It is important to know what kind of responsibilities both the buyer and seller have in the auction relationship. These may involve bid honoring, payment or shipping. Not only is it important to know these rules but it is also important to know what could happen if you break them.

Auctioning Tips
Like any form of online communication, Internet Auctions have their own etiquette. If an auctioneer fails to use this etiquette, he/she could find themselves losing a sale or at the short end of a bad deal. In general, basic online rules apply. It is important, however, to remember that auctioneers are not always trustworthy and that the buyer (and seller) must beware.

CONGRATULATIONS!!

You have taken the first step to buying and selling online! Kenya Online Auction is the first and only online auction site in Kenya. It will be a household name and will provide people with cost effective ways of buying and selling items from any part of the country.

For some it will become a way of earning a living, for many it will help to monetise unwanted goods, and for EVERYONE it will provide great fun and excitement.

Kenya Online Auction is a first in Kenya. It is for this reason that we have decided to post a series of articles to allow people to become familiar with the system. Although the procedure is fairly straight forward people will be naturally nervous of such a new concept in Kenya.

This site has articles for buyers, sellers, and advanced users to read and digest. If you have any questions regarding this site please contact us using the tab at the top of the page.

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