ok , sounds like a great idea , but people have been trying to compete against e bay since it got "to be a household name "
How are you going to spread the word , & get peoples trust , and afford the Hard ware to suport the mainframe system , etc similar to e bay????they have & do spend Millions.....to notify , advertise , teck support....
Maybe 2-3% of people i have asked , have ever even heard of CRACKPOT AUCTIONS---who in their right mind would pay & hope to win ?

I can say good luck

Oh , and that %8 final value fee....would you rather be responsible for you'r own sales tax , needing a business liscense???