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 Post subject: Selling & Auctioning Rules & Price Guides
Post Posted: Apr 27th, '09, 14:13    


Illustrator
Firn
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    Due to constant drama in the Selling Offer forums I didn't see any other choice but to put up some rules for the selling and auctioning of items.


    First of all - The selling forum is for selling items for your avatar or Fairy Coins only. All other things like custom art belongs into the Custom Shops Forum. Selling Material belongs into the Material Trades forum.
    Things like lotteries where you sell tickets or similar threads do not belong here. The only place we have for them is the Spam forum. Taking part in them is at your own risk.
    If you do not have anything to sell, but want to buy something, please go to the Buying forum.


      Thread Index:

      1. Selling Items
      2. Auctioning Items
      3. Price Guides
      4. Bazaar Etiquette




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 Post subject: Re: Selling & Auctioning Rules [Updated]
Post Posted: Apr 27th, '09, 14:13    


Illustrator
Firn
Selling Items


    If you have several items to sell at the same time - don't create separate threads for the items, but sell them in one thread.

    One of the most important things to understand before you sell an items is the difference between selling an item and auctioning an items.

    Selling an item means, you either put up a fixed price for your item(s) and sell the item(s) for this price.
    It is your item and you do not have to sell it to everyone. Some people don't like selling to item hoarders, but prefer to sell an item to someone who doesn't have the item yet. In this case you must clearly state why you would not sell your item to someone in advance.

    You can also sell your item without a fixed price, meaning you put it up for sale and people can offer a price they are willing to pay for the item.
    However, unlike in an auction you have to either accept the offer and sell the item to the person instantly or you have to decline it. There is no in between. You cannot expect people to hold their offered items/food/fairy coins for you forever.

    Some sellers hold items for their buyers, meaning they allow the buyer a certain time to get the food needed for the item. This is very nice of the sellers, but they do this on their own risk.

    Everything that is not covered in this rules is up the seller's own decision.

    Do not post in old and inactive threads. (necroing)

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 Post subject: Re: Selling & Auctioning Rules
Post Posted: Apr 27th, '09, 14:13    


Illustrator
Firn
Auctioning Items


    Unlike selling, auctioning means you put up your item for auction and anyone can offer.

    If you have several items to auction at the same time - don't create separate threads for the items, but auction them in one thread.

    If there are certain kinds or amounts of items/food/fairy coins/etc you do not accept as offers you have to clearly state so in advance.

    Your auction must have a reasonable end date. You cannot just run an auction and "wait" till you get an offer you like. You have to sell the item to the person with the highest offer at the end of the auction. Please try to be as specific as possible with your auction's end date and state a time and your timezone. You are not allowed to change the end date of the auction just because you aren't getting bids you like.

    Make sure you have a starting bid that is an acceptable price for your item, meaning start your auction at a price that is the minimum you would be willing to sell it for.

    Make sure you let people know how you value their offers. Some people might feel offended if you decline their bid, because you value a different bid higher than theirs.

    You don't have to add an auto-buy price; but if you do, you have to accept it; no matter whether someone else is willing to offer more.

    Whether you allow a person to cancel a bid is up to you; however, if you allow a bid to be canceled, you have to detract all the bids from that person from the auctioning so it won't be unfair to other bidders.

    If you don't like sniping bids, meaning bids that are made within the last few minutes of an auction, you are free to extend your auction for a couple of minutes - max 1 hour whenever there is a bid being made within the last few minutes of your auction. However, if you want to do so, you must state so in your auction from the beginning!

    Everything that is not covered in this rules is up the auctioneer's own decision.

    Do not post in old and inactive threads. (necroing)

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 Post subject: Re: Selling & Auctioning Rules
Post Posted: Apr 27th, '09, 14:14    


Illustrator
Firn
Price Guides


    Price guides are here to collect the prices that items are seen being sold at in the marketplace, thus providing an average price range on items for those who have no idea what price to sell their items at. No Guide dictates what all market values are.
    Users have the right to utilize these price guides if they want, though it is their choice if they do not. Guides merely provides price estimates and averages, NOT set prices. There is nothing requiring you to sell your items or buy items at the prices listed in the guides.

    Since price guides are user-run and in the past had the tendency to be abandoned we will no longer turn any price guides into stickies.
    Instead we will provide a list to all price guides known to us as being active here.

List of Price Guides





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 Post subject: Re: Selling & Auctioning Rules
Post Posted: Apr 27th, '09, 14:50    


RaiRai
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Bazaar Etiquette

    We all love to buy and sell. It makes the world go around. But there are some things to keep in mind when buying and selling on Kingdom of Knuffel. Please try to take these into consideration.

    Please only offer to sell items in your own threads. Going into someone else's thread to offer to sell to their customers is rude. If you want to make sales, feel free to set up your own selling thread and put up the items you have for sale there.

    Offer what you can afford. If the thread creator gives you extra time to get the payment to them, keep in contact with the seller so that they can be informed of any changes in plans. Try not to change your mind at the last minute and withdraw your offer, this often makes a seller feel like they've been cheated out of a sale.

    Try not to complain about prices. We know some items can reach high amounts and that you may get outbid on the items you want often, but this is how economies work. Also, if a price is too high, you have the choice not to buy. So allow sellers to choose their own prices for items and shop around.

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I am a COMMON fiend.

    Selling: Fairy Coins. 7.2k each. Please PM.
    Wanting: TT items. Various Items exchanged for my Wanted Items. Check here!
    Buying: Commons. Check here for needed items.
    Questing: Various Materials. Check my thread for quest item trades.

~Wanted Quest Items.~

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Please Feed My Knuffel:

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 Post subject: Re: Selling & Auctioning Rules
Post Posted: Apr 27th, '09, 17:13    


gaara_dgl
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Hopefully these will help ^^
I see a few typos
In "selling items" It says "One for the most
Should be "of" right? o.o

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 Post subject: Re: Selling & Auctioning Rules
Post Posted: Apr 27th, '09, 18:21    


Hells_Bells
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    These seem really helpful.

    The only one I don't agree with on Firn's rules is this one:

    Quote:
    Whether you allow a person to cancel a bid is up to you, however, if you allow a bid to be canceled, you have to distract all the bids from that person from the auctioning so it won't be unfair to other bidders.


    I think that it should be changed that if such an occurance happens that the seller should be able to end the auction just in case the item drastically drops below the usual or expected price for the item :( That way , no one gets screwed.

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 Post subject: Re: Selling & Auctioning Rules
Post Posted: Apr 27th, '09, 18:39    


Shinji_Fumajime
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Quote:
Whether you allow a person to cancel a bid is up to you, however, if you allow a bid to be canceled, you have to distract all the bids from that person from the auctioning so it won't be unfair to other bidders.


I would have to agree with her on that one. Sometimes they are one of the only people planning on bidding and/or there's no one else willing to go that high with it.

Oh, and I was also curious. I'm supposing you meant "detract" rather than "distract"? I could be wrong...

Edit: Other than that I really would have to say that it's nice to see this sort of thing up. It's a nice thing to go by, and I know I've seen it asked for at least once or twice now.

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 Post subject: Re: Selling & Auctioning Rules
Post Posted: Apr 27th, '09, 19:04    


LilChaosKitten
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Thanks, Firn. <3

I know I'm probably one of the most frequent people
who brings up these types of issues in the Selling Threads
the most.... and I'm sorry for that. D:

I really appreciate you posting this.
Hopefully, this will help resolve any future issues. <3

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 Post subject: Re: Selling & Auctioning Rules
Post Posted: Apr 27th, '09, 19:17    


Her Ugliness
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Hells_Bells wrote:


    I think that it should be changed that if such an occurance happens that the seller should be able to end the auction just in case the item drastically drops below the usual or expected price for the item :( That way , no one gets screwed.


That's why it says people should make sure that their starting bid is the minimum of what they want to sell the item for. And the seller always has the right to refuse to let people withdraw bids.
And other solution is unfair to the bidders.
We recently had a case where one person constantly bid, driving the price of the item really high, and then in the end, she withdrew her final bid leaving the highest bidder with a bid that, without the person who withdrew her bid's bidding would possibly not have been that high. Like:
Person A: 5K
Person B: 10K
Person A: 20K
Person B: 30K
Person A: 40K
Person B: 50K
Person B: Withdrawing bid
which leaves Person A with a HB of 40K, while the person, who in the end didn't want the item anymore drove the bidding from 5K to 40K. This is just an example and it didn't exactly happen like this, but this is to explain to you why I decided to make the rule like this.

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