Selling First Item on eBay, help and guidlines

Posted: Sat Nov 07, 2009 9:35 am

So, I was on craigslist and found an iPod touch really cheap that works and is in good shape, so I'm probably going to buy it (once they send me the photos to make sure it's in good condition) and then sell it on eBay and make a healthy profit.

However, I've never sold anything on eBay and honestly, the seller's help on eBay has too many links to other parts of the site and I just get lost in a web of seller's tips.

So, basically what I'm asking is if it's pretty straightforward (i.e. list item, get bids, accept payment, print shipping label, ship, relish in profit) or are there some key nuances that I'm missing?
An example of a possible nuance was when I noticed the seller fees... Are those automatically taken out of my account by eBay or do I have to paypal to eBay?
Another thing; if I use the USPS shipping label, do I pay for shipping through paypal and that is shown on my shipping label or I am going to have to go postage stamp crazy on my shipping container?

Anyway, any help would be appreciated. (fyi, selling from USA)