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How to Buy Land on eBay

eBay is the world's largest and most frequently used online auction site. You can use it to buy and sell all sorts of items, from old records to upcoming sports tickets. Here's a short primer on how to use eBay to buy land.

Register with eBay

You will be required to provide your name, email address, and other information that will help to identify you as a user of the site and allow you to bid on items. You will also need to create a username and password. (Click here to register now.)
 
Search the site

Now you're ready to get started with bidding. Scroll down the list on our home page to find the land you're interested in. In order to find what you want more quickly, you can sort the items by price, time left in the auction, date of listing or payment options available.

Find out more
 

By clicking on an item in the list, you can find out further details about the item, such as pictures and the seller's feedback rating from previous customers.

Buying land may be a little different

Buying and selling land on eBay is similar to buying and selling anything else on eBay. The seller starts an auction or sets a Buy-it-Now price, and anybody with an eBay account is free to bid. Many eBay land auctions are run as traditional auctions, with the winning bid being the full price of the land.

     However, many land auctions will be for the down payment price, instead of the property's actual selling price. For example, the seller might set the price of a two-acre plot at $10,000 and then hold an eBay auction for the down payment. If the winning bid is $500, the buyer still owes $9,500. If the winning bid is $20, the buyer still owes $9,980. Unlike other eBay auctions, the amount of the winning bid doesn't actually affect the final price of the item. You need to read the auction completely before you bid.
 

Make a bid

If you decide that you'd like to try and buy the item, you can bid on it by clicking "Place Bid". Most auctions will require bids in increments. You can also type in a maximum bid amount, and eBay will continue to bid for you up to that amount. This is helpful so that you don't have to sit online and continually watch the item.

Monitor the auction

Every once in a while, you will want to check on the progression of the auction and see who else has bid. If you are not the high bidder, you can raise your bid up to the end of the auction in order to win the item.

Pay for your item

If you win what you were bidding on, you will receive an email notifying you of the sale. From there, you should either contact the seller to discuss details of payment and shipping, or wait for him or her to contact you. It is considered polite to complete this part of the process as soon as possible.

Tips

Some auctions will have an icon next to the price of the item that says "Buy It Now". This means that you can purchase the item for a certain price without having to get into a bidding war with another person. Be warned: this price can often be higher than you might otherwise have paid. Many items have "Reserve" prices, which mean that the seller will not sell the item unless the bids have reached a certain level. If you don't win an item, sellers will often direct you to similar items they are auctioning off, or you can do another search yourself. Ebay is a huge place, so don't get discouraged if you don't get what you are looking for right away, there are always more similar items.

Warnings

Do not make bids that you can't actually back up financially. Each bid you make on eBay is considered a binding contract, and you will be given a poor rating (or possibly worse) if you back out on a winning bid. Be aware of the snipers. Many bidders wait to the last few seconds of an auction to make a bid and many use a "sniper program" to do the bidding.

     You can be led to pay more than you expected or losing the bid if you wait until the last few minutes or seconds to do your final bidding. Better to do some research and decide ahead of time how much you want to spend on the item and put in a proxy bid approximately two minutes before the end of the auction and then don't look at the auction until it is over.