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Buy.com to launch Facebook service

Consumer Briefs | INTERNET

August 12, 2007|From Times Wire Services

Buy.com Inc. on Tuesday will launch its Garage Sale service on the social networking website Facebook.com. It's intended to let users post and sell items on their profile pages.

Unlike EBay Inc., which charges sellers a listing and final transaction fee, Buy.com is charging a flat 5% commission for items sold.

Garage Sale users can't auction off items to the highest bidder, but Buy.com is looking into allowing users to haggle with sellers and read buyers' comments within the profile page, Buy.com Chief Executive Neel Grover said.

Eventually, users of Garage Sale should be able to search outside their network. They'll also get alerts about what their friends are selling.

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