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11/29/2009 Policy Updates

Please note the following policy updates. To view the full Sportlots Agreement Terms, go to Sportlots.com and click on the "Agreement Terms" link at the bottom of the screen.

Further definition of Shill bidding

Shill bids and other manipulative actions You agree not to place bids or cause bids to be placed on any item listed on the site for the purpose or with the effect of artificially increasing or otherwise manipulating the price or the bidding process or user behavior relating to any items listed on Sportlots.com. Bidding on items where you have a close relationship with the seller outside of Sportlots (relative, friend, co-worker, etc) is considered shill bidding because the bidder could have an unfair advantage over other bidders of the item.

Further definition of Auction listing restrictions

Sellers are responsible for the authenticity of the items offered in their auction listings. Sellers should take steps to ensure that their items are authentic before listing them on Sportlots. If a seller cannot verify the authenticity of an item, the seller is not permitted to list it. Reprints are allowed, as long as they are authorized reprints from the original manufacturer. If you list a reprint for auction, the year the reprint was printed must also be added to the title or description of the auction. Violations of this policy include termination of the auction item and repeat problems will result in the seller’s account being closed.

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