New Cell Phone Auction Website

Hi guys

I am starting an auction website soon where you can buy or sell new or used cell phones. You can post auction style or fixed priced style listing like ebay. We will only charge a 5% final value fee and if you want to open a store it is half the price of ebays. No insertion fees, no listing fees, only, and maybe no picture fees. So you guys will be able to make a good profit! Payment is through Paypal and we approve auction listings meaning sellers have to show proof of their items for sale. You can also import you seller feedback from different sites like ebay and amazon so buyers can see that you are a trusted seller. Will you guys be interested in this? Or if you have any suggestion for this site please comment.

Thanks