| Author |
Replies: 42 / Views: 5,013 |
Page 3 of 3
|
|
|
|
Member
United States
917 Posts |
Usually if you are contacted to sell outside of ebay its worth having a 2nd look at what you are selling.If somebodies panicing to get it quick theres a reason. Dont reply through ebay as what you are suggesting is against policy and might get you booted as a seller.
Edited by wetglaswegian 07/24/2009 9:32 pm
|
|
Pillar of the Community
United States
1840 Posts |
While I understand that it is disappointing to see profits taken away by fees, I don't think ebay or Paypal fees are outragous considering the services provided. I also agree with a previous post that coin forums are an excellent alternative. I've been 100% satisfied with all the transactions that I have had with CCF members.
|
|
Rest in Peace
United States
2668 Posts |
I am not knowledgeable about Paypal holding your funds until the buyer is satisfied, what's up with that? In my buying, zingo the funds are transferred. I would contact the buyer and politely explained you haven't received a cleared payment yet and do not ship until you receive cleared payment. Put the ball in the buyers court. I would cancel the auction for payment unreceived, if necessary. I'm sure my missed perceptions will be explained.  13% total fees, wowzers!
Edited by Parklane64 07/25/2009 6:12 pm
|
|
Valued Member
United States
138 Posts |
Yeah the fees suck I know, but try putting an ad in the newspaper, or have a yard sale, or whatever and you would be lucky to get $15 for that item not $57.77. You are paying the outrageous fees to have 1 million+ pairs of eyes look at it. I hate the ebay fees, but I know for a fact items I would be lucky to get $5 for, sell for $80 or more. I had a set of 1954 UNC Canadian coins that I couldn't give away and got over $80 from a very satisfied French Canadian guy.
|
|
Pillar of the Community
United States
2521 Posts |
Parklane64 Quote: I am not knowledgeable about Paypal holding your funds until the buyer is satisfied, what's up with that? In my buying, zingo the funds are transferred.
I would contact the buyer and politely explained you haven't received a cleared payment yet and do not ship until you receive cleared payment. Put the ball in the buyers court. I would cancel the auction for payment unreceived, if necessary. It was new to me too! With the email Paypal sent me was a BS explanation why they viewed the transaction as "risky" for both the buyer and seller. 1) the transaction was over $100.00. 2) I had less than a specified amount of transactions as a seller in a specified amount of time and some other nonsense that didn't apply to this transaction. I am a casual seller on ebay, but have been a member for 10 years. Paypal sent a recommendation to ship asap to increase the chance of me getting my money in the near future. There were 3 scenarios. 1) paypal releases my money after 21 days if no dispute. 2) Paypal releases my money 3 days after delivery receipt (USPS tracking) if no dispute. 3) Paypal releases my money 1 day after Buyer leaves positive feedback. I couldn't exactly claim nonpayment since ebay owns Paypal and the money was there. If I didn't ship then I would look bad as a seller because the buyer sent his money and I didn't hold up my end of the deal (and it wasn't the buyers fault). What really got to me was I've been a member of ebay twice as long as the buyer and had more feedback (100%), I paid them everything they made off this transaction (total fees $28.51 Paypal & ebay) and left me hanging out to dry. If the buyer claimed I didn't ship then his money would be returned and I'd been out 1/3 oz of gold. If any newbies to selling on ebay....take heed. Sell a bunch of low dollar stuff and get your seller feedback up before you try to sell gold! ebay don't care about you because there's another seller around the corner to take your place!
|
|
Moderator
 United States
16679 Posts |
Quote: Ebay don't care about you because there's another seller around the corner to take your place!
That's basically the bottom line. We can be upset all we want but at the end of the day, if you left ebay, in the big scope of things, it does not even matter. They would have to lose 35% or so before they start making some drastic changes.
swcoin.ecrater.com
|
|
New Member
Canada
12 Posts |
The fees are ridiculously high in ebay and in PayPal. However, seems like there is no other way; buyers and customers have to take it since ebay has the reputation.
|
|
Pillar of the Community
United States
581 Posts |
I am what you call a hit and runner on ebay. I will sell a couple hundred item and then life takes over and I no longer have time to devote to it I too dislike the fees, but what are you going to do about it? Right now, they are the only place in town. The best defense to it all is to find your merchandise at ridiculously low prices and sell it stupid high. Good in theory, I know. It works for me though. About a year and a half ago (or so) I purchased a train collection for about $450.00 One piece out of that collection netted me $400.00 (after ebay fees) I sold off about 10 or so more pieces and got another $400.00 The big dealers on ebay, buy their stuff in such bulk lots that as long as they get a buck or two profit, they are happy. The last collection I bought, I paid roughly 2500.00 for it. If I can sell half of it and get 1.00 profit in my pocket, I will double my money (with ease mind you) ebay seems like they are trying to push out the little guy sellers. The big dealers and sellers get assessed lower fees If you don't like ebay fees, try going to a larger more reputable auction house. I think the going rate around me is 15-25% Plus the auction house charges anywhere from 10-12% buyers premium. Another direction to go, is start selling on ebay, then build your own website. Every chance you get, push ebay customers toward you website. (you can tell people about it in the about me section too) My one buddy sells decals on ebay. Every customer he sells to, gets a flyer (or email) telling them about his website. He now has more business on the website than ebay. That doesn't change the merchant fees through credit cards and or paypal. (which are illegal to revert back to customers in most states) Mike (what works for me...at least for now)
|
|
Rest in Peace
United States
2668 Posts |
Holy money grab, this is not a good development, Ratman! I just bought a Kawasaki Ninja motorcycle that had a small fire. This is a project where ebay really works well. I have picked up all of the parts I needed. I did make sure to keep my bids under $100 to benefit the sellers.  Meanwhile, my darling bride of 31 years is checking on maxxing out my life insurance....... 
|
|
Locked
822 Posts |
Not sure how unreasonable the fees can possibly be.....  No less than 33.4 million listings running all month..... Can't be too hateful can it?
|
|
Pillar of the Community
United States
1795 Posts |
Hmmm I got a good one for everyone. I've been with ebay for many years. Used my credit card on record with Paypal for approximately 4 years. Was told that I had to verify my account because I exceeded my spending limit.They told me that by doing so I would speed up the buying process and be protected. Sounded good, so I fall for it hook line and sinker. A few years go by and I get a love letter from the bank...a $39 dollar fee for being .50 cents short in my account. Well so much for checking. Anyway I called paypal and they give me a big run around on any explanation. I'm telling them I'm not going to cancel my checking account and just use my credit card like I've done for years. They also tell me I can just use my card. Not True cause I took my checking account off I can't use paypal even though my credit account is verified. They only do that because they don't want to pay credit card fees. 
|
|
Pillar of the Community
United States
1795 Posts |
Opps should have proof read better. I did cancel my checking account.
|
|
Pillar of the Community
United States
3276 Posts |
I don't like the fees either. Sold an item for $185 today, paypal and ebay fees racked up to about $21 and then I still had to pay for shipping. However, even with that loss, I still make more money than selling on craigslist or at a garage sale. So if they make me the most money and take a profit for it, so be it. As much as I would like it to be free, that isn't how the world works :/
|
|
Rest in Peace
United States
2668 Posts |
The fee inflation during her rule at ebay is definitely the reason Meg lost to Jerry Brown for the governorship of Kalifornia. She spent over $80 million of her own money, Jerry Brown spent the filing fee.  Meg!
|
|
Bedrock of the Community
United States
14454 Posts |
like I said in another topic if you are in the US and you buy on ebay you get ebay bucks for your purchases to spend on ebay so unlike the big auction houses that charge the buyers for purchasing for their sellers ebay does at least keep the buyers there by giving them these ebay bucks, and the more they spend the more ebay bucks they get. I think the ebay fees are a little high but there have been allot of others try to push ebay out and I believe all of them have either failed miserably or are barely holding on. So ebay definitely has the buyers and that keeps bringing the sellers and I don't see that changing any time soon
|
|
Page 3 of 3
|
Replies: 42 / Views: 5,013 |
Page 3 of 3
|