Therefore, if you place an order or a winning bid, or list a product for sale, you are making a commitment that is legally and morally binding. Thoroughly read user agreement policies and instructions on any site before you buy or sell. Online auctions can provide unique items at reasonable prices, but there are a few things to consider before placing a bid. First, verify the seller's identity. Also, check to see how the seller has treated other buyers.
Many auction sites post feedback ratings.
Before bidding, find out what kind of payment the seller accepts. Credit card or bank checks are the best option, since they may offer some protection from fraud. Because payment must be received before the item is sent, you may be taking a risk sending cashier's checks or money orders. Back to top Other issues to consider If you've never shopped online, the best way to get started is to buy something that's a known quantity. Books, CDs, DVDs, and name-brand consumer electronics are the same no matter where you buy them.