*NEW QUICK FAQ*
Q. Thinking about having a lowball. Is anyone interested?
Q. How can I get people more interested in my lowball?
Q. I have a PS3 system I want to sell in a lowball, but I want to start it at $100. Is that OK?
Q. What if my $40 game sells for only $5 though?
Q. What if CAG was messing up at the end of the sale?
Shill bidding (bidding your items up yourself or having others do it for you with no intention of winning) will NOT be tolerated in lowball auctions.
Please note that mods can and do check to ensure that this practice does not happen in lowball auctions. If it is found that you have attempted to increase your lowball total through unsavory methods of any kind, you will be contacted by a moderator and you should expect the situation to be handled in an appropriate manner.
Once again, while making some money in a lowball is great, the original purpose was to do a couple other things as well; clear some space and give some good deals to fellow CAGs.
If you do not agree with this and are solely in it for the money, please take your items to another venue.
As with all things in the CAG Trading Forums, you participate at your own risk.
The guidelines below should assist in helping both buyers and sellers have a safer time when hosting or participating in lowball auctions.
Just as bidders are held accountable for their respective bids, the following rules will also help to ensure that sellers are held accountable for the products that they offer in the manner agreed upon in the lowball rules.
Also, in order to create a bit more consistency in the operation of lowballs, the rules below should be followed when organizing your lowball and be adhered to throughout the process.
The following are REQUIRED to conduct a lowball.
#1 - The first line of your lowball will consist of the following information; Start Date, End date (see time notes below), Payment methods accepted
#2 - A minimal starting price (up to $1) per item or group of items sold as one.
#3 - Once your lowball has begun, don't remove items and do not end items earlier than stated.
#4 - Make it simple for all CAGs! The recommended method is to post that the auction has ended and count all preceeding posts rather than posting a specific time as even the seconds in which a post was made as well as forum post order are sometimes questioned at the end.
#5 - Have clear shipping amounts posted.
#6 - Lowball sales are CAG exclusive. If you want to advertise your sale on a different site, that's fine, but no GTZ, NA, "friends" or other bidders. If they want to bid, they can register an account on CAG.
#7 - All bids must appear in the CAG thread for all to see. No emails or PM bids may be accepted.
The following are RECOMMENDED for a successful sale, but not required.
#1 - A minimum of 15 positive feedback on CAG is recommended, both for the seller to be more trusted and to receive a fair amount of bids, as well as for the participants to feel a certain degree of comfort in dealing with an experienced trader.
#2 - If everything on your page is not included in the auction be EXTREMELY CLEAR about what is not included, big lines and text should do the trick.
#3 - Offer some type of "protection" for CAGs at a certain feedback level, for example, "will ship first to CAGs with over 100 positives at 100%." or "will accept 50% payment before shipping for CAGs with at least 50 positive feedback at 100%."
Information for sellers:
Please plan your auction ahead. Your end time is a verbal contract with your bidders and is not flexible. Please ensure that you will be ready and able to end your auction within the window specified in your lowball rules.
Items up for auction should be visually verified before being added to your listing (pictures of the actual product are highly recommended!) as sellers will be held responsible for ensuring that their list is accurate and all items are delivered as promised upon completion of the lowball. This means listed items may not be removed from the lowball once it is underway.
If payment is required by a certain date, be clear about that in your listed payment guidelines. Otherwise, something general such as,
I would like to receive payment within 10 days of lowball end, but other arrangements may be made if you contact me before bidding.
is also acceptable.
Appropriate feedback may be left by your buyers for actions outside the rules.
Information for bidders:
By placing a bid in a seller's lowball, you are stating that you agree with all of their terms and conditions and will provide payment in a timely manner for the goods won in the end. The item pictured will be the item you get unless otherwise stated by the seller. If the item description didn't happen to say "sticker on case" but it was visible in the picture, the seller will not be held responsible.
Please check the sellers payment requirements before bidding and contact the seller before placing any questionable bids if you need some assistance.
Appropriate feedback may be left by your sellers for actions outside the rules.
Sellers are still limited to three bumps per day. Questions should be answered via PM when it is not something applicable to the group as a whole, i.e. your personal payment questions.
Product questions may be answered within the thread and will not be counted as a bump.
A post stating that updates have been made is considered a bump and sellers will be strictly held to their three bump limit.
As in the standard Trading Forum guidelines, warnings will be given and mods may choose to take further action for infractions.
Bidders should not post anything non-lowball related. Questions about products listed are, of course, acceptable. Excessive conversation, joke posts, or other forms of comment spam will be dealt with by the moderators on a case-by-case basis.
It is also not acceptable to post "better deals" or advertise your own items in another sellers lowball.
Remember, the lowball thread is for lowball information that pertains directly to the sale and/or condition of the items and that is all.
Pending lowball threads do not need bumps. Completed lowball threads do not need bumps. Lowball threads in general do not need bumps aside from the three alloted to the owner. If you would like to bump a thread, you can place a valid bid.
In the case of both buyers and sellers, what is considered to be excessive posting will be evaluated by the moderators and their word is final.
General Lowball Rules Format (may be used and edited as necessary):
Edited by dv8mad, 10 June 2013 - 03:48 AM.