Buy.com Hopes Garage Sale Lures EBayers

August 7, 2007

On Tuesday, Buy.com Inc. launched its Garage Sale service on the social networking Web site Facebook. It’s intended to let users post and sell items on their profile pages.

Unlike eBay, which charges sellers a listing and final transaction fee, Buy.com is charging a flat 5 percent commission for items sold. Buy.com processes the transactions, which means consumers must use credit cards to pay for items. Sellers get their money via eBay Inc.’s PayPal or a check from Buy.com.

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