Do you trust eBay with your Social Security number?
In order to sell anything on eBay, you will need to provide your social security number. Is it safe?
Starting February 1st, 2021, eBay requires your Social Security number and a checking account for all sellers. Allow me to share with you my recent experience selling on eBay to help decide if it is worth providing this info. Given the company’s spotty track record, there are some things to consider before willingly giving up your Social Security number. If enough user’s decide not to, will this new requirement be the nail in the coffin for eBay?
I’ve never been a so called ‘Power Seller’ on eBay but I have occasionally sold an item or two on the platform. In recent times, eBay has increasingly become a haven for scammers and fraud. What used to be a semi-reputable auction house has essentially become a fraud free-for-all. As a result, eBay has tightened its requirements but is it too late?
Auctioning my PS5
Just before the holiday season last year, I was able to get my hands on a PS5. You would have to be living under a rock to not know that those consoles were selling for 2.5x to 4x times their original price on eBay. It is no secret anyone with some luck and an eBay account was able to profit last…