Ebay/Paypal rant

[Anonymous]

Sell on eBay using PayPal. Only link a bank account to your PayPal, not a credit card. Make sure there is no $ in that particular bank account.

As soon as receiving funds from the item you sell, transfer the funds from your PayPal account to that bank account(takes 2-3 days). Remove funds from bank account.

If a buyer tries to fuck you, there are no funds in account for PayPal/eBay to get.

exactly what i've been doing for 6 years. got burned once, never again.

 

[Anonymous]

Sell on eBay using PayPal. Only link a bank account to your PayPal, not a credit card. Make sure there is no $ in that particular bank account.

As soon as receiving funds from the item you sell, transfer the funds from your PayPal account to that bank account(takes 2-3 days). Remove funds from bank account.

If a buyer tries to fuck you, there are no funds in account for PayPal/eBay to get.

pretty sure there is (was?) a hold period before you can transfer any recent funds, and I'll take a guess and say it is probably as long as the buyer has to file a claim.

With no protections for the seller, and approx 13% fees (for selling upper end gear), I would be very desperate to sell something on ebay!

nope
soon as you get it, you can spend it.

i have a paypal debit card, so i withdraw it asap after the money is in.

i guess it might help that the bank account my "send money to me here" account is tied to is closed lol. im sure i'll have to update it at some point though...but for now, it works.

 

[Anonymous]

If the buyer has an issue like that, and files a dispute, doesn't he have to send the guitar back to unwind the deal?

nope

they chargeback, and hold the money in basically an escrow account until the situation is resolved

mine situation was weird..dude said he never got the item, but the delivery confirmation showed it was delivered to the address he provided.

his sob story was that he messed up and typed his old address in, and the post office never forwarded it.

paypal sided with him, stating i should have requested a back up address for such an expensive item.


so much for "buyer beware".

 

[Chris6870]

Ebay nor Paypal can control a chargeback. It is done through the CC company.Paypal has to plead the case on your behalf to the credit card company to release the funds back. Its the credit card companies decision.

 

[BYTOR]

Ebay nor Paypal can control a chargeback. It is done through the CC company.Paypal has to plead the case on your behalf to the credit card company to release the funds back. Its the credit card companies decision.

Don't link a credit card to your PayPal.....

 

[Chris6870]

Ebay nor Paypal can control a chargeback. It is done through the CC company.Paypal has to plead the case on your behalf to the credit card company to release the funds back. Its the credit card companies decision.

Don't link a credit card to your PayPal.....

Buyer pays with CC. He's not delighted he initiates the chargeback through his CC company. Paypal and you are at the mercy of his CC company. The CC takes the money back from PP who in turn takes it from you. They never charged the card that was linked to my account. I just had a neg PP balance.

 

[BYTOR]

Ebay nor Paypal can control a chargeback. It is done through the CC company.Paypal has to plead the case on your behalf to the credit card company to release the funds back. Its the credit card companies decision.

Don't link a credit card to your PayPal.....

Buyer pays with CC. He's not delighted he initiates the chargeback through his CC company. Paypal and you are at the mercy of his CC company. The CC takes the money back from PP who in turn takes it from you. They never charged the card that was linked to my account. I just had a neg PP balance.

If that was the case I would leave PP sucking up the loss & stop using PP. They would have no way of getting $ from me if I had a negative PP balance & no $ in the bank account linked to it.

I have never had a problem, & if I did there would be no way for PP to get the funds from me.

If there was ever a legitimate problem that the buyer had, I would make it right, but no middle man is going to control this process for me!

 

[Shark Diver]

I'm not sure how some of this is happening?

I recently opened an Ebay dispute. I HAD to message the seller several times before Ebay would allow me to dispute. After a 6 week deal, they only refunded my $ AFTER I sent them tracking info, with a delivery confirmation. Then they refunded me 3 days later - after item was confirmed delivered. Not sure how buyers are opening disputes with no contact and getting funds without shipping the items back?

 

[Chris6870]

I'm not sure how some of this is happening?

I recently opened an Ebay dispute. I HAD to message the seller several times before Ebay would allow me to dispute. After a 6 week deal, they only refunded my $ AFTER I sent them tracking info, with a delivery confirmation. Then they refunded me 3 days later - after item was confirmed delivered. Not sure how buyers are opening disputes with no contact and getting funds without shipping the items back?

Because buyers are not going through Ebay,they pay with a CC thru Paypal, then go staight to their CC company and complain and get the charge reversed. Its not only Ebay anybody who accepts CC's is at risk of a chargeback.

 

[Shark Diver]

I'm not sure how some of this is happening?

I recently opened an Ebay dispute. I HAD to message the seller several times before Ebay would allow me to dispute. After a 6 week deal, they only refunded my $ AFTER I sent them tracking info, with a delivery confirmation. Then they refunded me 3 days later - after item was confirmed delivered. Not sure how buyers are opening disputes with no contact and getting funds without shipping the items back?

Because buyers are not going through Ebay,they pay with a CC thru Paypal, then go staight to their CC company and complain and get the charge reversed. Its not only Ebay anybody who accepts CC's is at risk of a chargeback.

OP said he sold the guitar on Ebay

 

[Chris6870]

I'm not sure how some of this is happening?

I recently opened an Ebay dispute. I HAD to message the seller several times before Ebay would allow me to dispute. After a 6 week deal, they only refunded my $ AFTER I sent them tracking info, with a delivery confirmation. Then they refunded me 3 days later - after item was confirmed delivered. Not sure how buyers are opening disputes with no contact and getting funds without shipping the items back?

Because buyers are not going through Ebay,they pay with a CC thru Paypal, then go staight to their CC company and complain and get the charge reversed. Its not only Ebay anybody who accepts CC's is at risk of a chargeback.

OP said he sold the guitar on Ebay

I mean they are not going through the Ebay dispute process. They are going straight the Credit Card Company they used to pay for the item and getting the charge reversed.

 

[Shark Diver]

I'm not sure how some of this is happening?

I recently opened an Ebay dispute. I HAD to message the seller several times before Ebay would allow me to dispute. After a 6 week deal, they only refunded my $ AFTER I sent them tracking info, with a delivery confirmation. Then they refunded me 3 days later - after item was confirmed delivered. Not sure how buyers are opening disputes with no contact and getting funds without shipping the items back?

Because buyers are not going through Ebay,they pay with a CC thru Paypal, then go staight to their CC company and complain and get the charge reversed. Its not only Ebay anybody who accepts CC's is at risk of a chargeback.

OP said he sold the guitar on Ebay

I mean they are not going through the Ebay dispute process. They are going straight the Credit Card Company they used to pay for the item and getting the charge reversed.

Cool, but OP said that an Ebay case had been opened up with no contact from buyer, then he states that Ebay charged back.

 

[Ventura]

fuck eBay and PayPal

Yep. And this reality is becoming more and more truthful almost daily.

FUCK 'em.

They're becoming parasitic monopolistic whores.

 

[Ventura]

And while you're at it, you can toss United Air into the mix as well.

Assholes

 

[thiswaythatway]

Here's another one. I sold an amp to a guy on the West Coast. He is emailing me CONSTANTLY asking questions, updates, everything. He Paypal's me and I tell it will ship the next day. The next day I ship, email him I ship it but I didn't tell him the tracking #. 2 hours later there's a negative in my Paypal for the price of the amp. After I emailed him I shipped it I went out for the day and didn't log into a PC. He emailed me when I was out DEMANDING a tracking # or he was going to open disputes. After I straighten everything out with him after getting him the tracking # he calms down.

NOW, his amp was to arrive this past Monday. FEDEX called me today saying they attempted delivery 3 times and nobody was there, and he's not returning my emails. WTF. Even if he has something major going on in his life it takes 2 seconds to send an email, he sent me 5,000 thousand emails when he was worried about me shipping his amp. Now with FEDEX dragging the box to and from his residence I just hope they didn't smash the thing.

 

[Mailman1971]

Here's another one. I sold an amp to a guy on the West Coast. He is emailing me CONSTANTLY asking questions, updates, everything. He Paypal's me and I tell it will ship the next day. The next day I ship, email him I ship it but I didn't tell him the tracking #. 2 hours later there's a negative in my Paypal for the price of the amp. After I emailed him I shipped it I went out for the day and didn't log into a PC. He emailed me when I was out DEMANDING a tracking # or he was going to open disputes. After I straighten everything out with him after getting him the tracking # he calms down.

NOW, his amp was to arrive this past Monday. FEDEX called me today saying they attempted delivery 3 times and nobody was there, and he's not returning my emails. WTF. Even if he has something major going on in his life it takes 2 seconds to send an email, he sent me 5,000 thousand emails when he was worried about me shipping his amp. Now with FEDEX dragging the box to and from his residence I just hope they didn't smash the thing.

The Psycho buyer.....I feel your pain.
Sometimes dont you just want him to refuse the amp....have it come back to you then refund his damn money.
Next step....he will get it....then 6 months later it will pop a fuse or something....then he will be back riding you.
I delt with a numb nuts like that on a guitar I sold several years back. Just a fruit loop.
He didnt know how to adjust a floyd and kept sending me harassing emails. Then I told him take it to a guitar store for a setup....and he wanted me to pay for it?

Good luck my friend. I feel your pain.

 

[Shark Diver]

I have a ton of stuff I would like to sell- these stories make me very hesitant. I'd almost rather give it to people I know.

 

[rlord1974]

I have a ton of stuff I would like to sell- these stories make me very hesitant. I'd almost rather give it to people I know.

I will PM you my address, David.

 

[PhloridaMan]

How are you going to leave him negative feedback? Sellers aren't allowed to give negative feedback anymore.

WOw, serious? I didn't even know that. That is such bullshit.

I cussed a rep up one side and down another last week over this... FUCK ebay... I will NEVER buy or sell there again...

 

[voodooradio1]

Sell on eBay using PayPal. Only link a bank account to your PayPal, not a credit card. Make sure there is no $ in that particular bank account.

As soon as receiving funds from the item you sell, transfer the funds from your PayPal account to that bank account(takes 2-3 days). Remove funds from bank account.

If a buyer tries to fuck you, there are no funds in account for PayPal/eBay to get.

pretty sure there is (was?) a hold period before you can transfer any recent funds, and I'll take a guess and say it is probably as long as the buyer has to file a claim.

With no protections for the seller, and approx 13% fees (for selling upper end gear), I would be very desperate to sell something on ebay!

I can't speak for everybody but I get cleared funds in my PayPal as soon as the buyer pays me. I have insisted on this with PayPal over the phone & they have given me this privilege. Due to my stellar eBay history of never having a complaint against me, I insisted that they do this. Not everyone has my negotiating skills! lol (by the way I've only had 46 eBay transactions since 2008)

Even for folks that don't get granted this privilege, it should only take till the item is delivered to receive the cleared funds.

In the OP's case he would have been protected with my strategy.

eBay,like it or not, is usually the fastest way to get something sold.

It is not a privilege. Once an ebay seller reaches a certain number of sales, the money is available as soon as it hits there paypal account.
The problem with your earlier advice is that when you have an account tied to ebay, and they draft it for fees or a refund, you will get an NSF, which is going to cost additional money. Paypal will only let you make withdrawals up to a certain dollar amount, after that you have to have an account tied to it.
The smartest thing that could have been done in this case would have been to respond to the dispute in the given time frame with a tracking number for the shipped tuners. That would have prevented the refund.
13% fees apply to items under $1000. The max seller fee beyond that amount is $250 and 3% to paypal. No rule against bundling items that compliment one another, and it is a good way to get the most out of the fees you pay.
I've sold around $12,000 in music gear in the last 6 months using ebay. If I had listed the stuff local I would still be waiting on the first item to move.Sometimes I come out even or ahead, sometimes I take a hit. The hits don't bother me to bad because I take into consideration that I got to spend some time enjoying the gear. I got no real complaint with ebay. If anything they have taught me to never pay more for something than I can get out of it at resale.