1) Knowing the value of what you are buying. As mentioned above, you could use the completed listings to find out how much a particular item has been actually selling for recently, and how great the demand is (number of items sold in a period of time, number of bids on each item). What's interesting is just how variable final sale prices can be for identical items... some of these factors relate to the auction itself, and other times it's just the luck of the draw. Sometimes there just so happens to be two people who both want an item badly, and on other occasions, the competition is thin. Knowing just how high to bid, and “staying unattached to the outcome” are things that can really help.
2) Items listed at the "wrong time of day". Sometimes people set their auctions so that they end in the middle of the night in the major country that they are listing in. It might be worth the effort to stay up late or set an alarm – as you will have less competition.
3) Misspelt items. Items on eBay are misspelt alarmingly often. However the good new is that this tends to mean that far less people will find them – and so they may sell for less money than they are worth. It can be an indicator that the person you are dealing with might be careless – but most often it's just a simple typo. When you think of the millions of items that are listed on eBay daily; there are inevitably thousands of misspelt items out there at any time.
A simple way to look for misspelt items is to search through the item categories rather than by item name.
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