FAQ Yard Sale

[Lucky Larry]

after the seller and buyer agree on the transaction what is the easiest/safest way to insure each party is getting transaction satisfaction ie show me the money/show me the goods/this isn't what I wanted..blah blah. I imagine this is already posted somewhere? Thank you.

[Coldfinger]

The best way to avoid foul ups is being diligent BEFORE striking the deal and also following these things.

 

Use PayPal and delivery confirmation if it's mailed. UPS is more $$ but has better tracking and $100 insurance.

 

Make sure you have pics and describe accurately, don't ask for too much $$$, especially for used stuff, make sure you ship promptly. Make sure you clean what you sell. Don'y use your primary email address until you are ready to sell. Check out what you can find out about the buyer/seller.

 

When you have transactions or yard sale ads pending, check the board and/or email frequently. People like good and prompt service.

 

Be careful, if something seems fishy it is!

Edited November 16, 2010 by Coldfinger

[Lucky Larry]

thank you

[Lucky Larry]

FAQ yard sale. I'm still confused (surprise) about sequence of events in yard sale transactions. What keeps the seller from getting stiffed by the buyer? Does pay pal hold release of funds to seller until ups confirms delivery of goods? Who releases the funds to the seller after the goods are delivered, or rather, when are funds released to seller and who releases them? Thank you for info as I really do need to get good quality stuff back into circulation rather than letting it just collect dust.

[RaisedByPikas]

Seller posts Item for sale

 

Someone agrees to pay.

 

Buyer sends payment via whatever method agreed upon.

 

Usually once payment is received the seller will ship. Sometimes a seller may ship prior to receiving payment if they trust the buyer or its a cheap item.

 

Everyone is happy.

 

If you are the seller you essentially have no risk because you don't have to ship until the money is in your bank account. The only thing paypal requires in a dispute is proof of shipment. Paypal will not usually require the money to be held, you can transfer it immediately most of the time. Never count on paypal to actually get your money back in a dispute. That being said I have never seen a scam on this site or any climbing forum for that matter. I wish I could say that about every internet forum. There is an old warning about someone on this forum however.

 

Basically sales on internet forums are based on faith if you are the buyer. Buying from someone with no posts that is selling poorly described rack might be riskier than buying from someone with many posts and several trip reports. People who are regulars on these sites usually want to keep a good reputation.

 

 

Edited December 12, 2010 by RaisedByPikas

[Lucky Larry]

Thank you, the fog has lifted and the beautiful simplicity of it all is blinding me; sign, over analyzing.