I love it when buyers use BIN and then don't pay for a week

gosteelers

Does the 'Immediate Payment Required' option cost anything to use? I may have to explore using it...

cravetopps

no.

jmbkb4

<< <i>Does the 'Immediate Payment Required' option cost anything to use? I may have to explore using it... >>



Mark,

I think it is free and an excellent idea to have if you have a "buy it now." Best of luck. I've had a rash of deadbeats lately, mostly on things I've been selling for family members!

Estil

Maybe they misread BIN as BIW (Buy In a Week).

storm888

Immediate-Payment is a good option for expensive items.

It tends to cut-down on multiple purchases, though.

AkbarClone

Did your auction description or invoice to him after the auction use any phrase like "payment expected within 7 days"? If so, then even though it was a little annoying, you really can't get mad at the guy. I must admit there are very rare times when it is not quite payday and I want something real bad off the bay, but the checkbook balance says it will empty the account if I pay immediately--so if the auction says payment expected within a certain time limit--and that time limit is within the next payday--I sometimes wait and pay then--that way I don't risk someone else hitting the BIN and me losing the item, and I also don't hit close to zero on the checking account balance.; as I'm always cautious of some emergency requiring immediate cash being available/

99.9 % of the time I make an immediate Paypal payment after receiving the seller's invoice--but there are those rare instances like I described above. Maybe your buyer was in a similiar situation. At least you were paid in full, and a week isn't really that long considering there are deadbeat bidders who never pay.

Happy selling.

colebear

<< <i>Does the 'Immediate Payment Required' option cost anything to use? I may have to explore using it... >>



At least they are paying for it!!!!

gosteelers

<< <i>Did your auction description or invoice to him after the auction use any phrase like "payment expected within 7 days"? If so, then even though it was a little annoying, you really can't get mad at the guy. I must admit there are very rare times when it is not quite payday and I want something real bad off the bay, but the checkbook balance says it will empty the account if I pay immediately--so if the auction says payment expected within a certain time limit--and that time limit is within the next payday--I sometimes wait and pay then--that way I don't risk someone else hitting the BIN and me losing the item, and I also don't hit close to zero on the checking account balance.; as I'm always cautious of some emergency requiring immediate cash being available/

99.9 % of the time I make an immediate Paypal payment after receiving the seller's invoice--but there are those rare instances like I described above. Maybe your buyer was in a similiar situation. At least you were paid in full, and a week isn't really that long considering there are deadbeat bidders who never pay.

Happy selling. >>



Thanks for all of the replies. I have something in there stating 5 days for payment, I believe. I should have been more clear, I didn't get payment yet. It's been about a week. It's really no big deal, just a rant on my end. It just gets me mad seeing him paying (and getting feedback from others) for auctions that ended after the one he won from me.

storm888

If the invoice or the listing says "Payment Expected Within 7-Days,"
take that lingo OUT.

I never mention "due dates," and payment is usually instant.

gumbyfan

I sold a couple of more expensive (125-150) cards via Buy It Now on the 18th to one buyer. Actually, one of them was a Best Offer that I accepted. In the mean time, I see that he has bought numerous other cards at around the same price from other sellers and has already received positive feedback from them after they received their payments. My auctions state that all payments are due within 7 days and I'm generally not too concerned if it takes a couple of days to make a payment. Yesterday was day 7 so I re-invoiced and haven't heard back.

How long should I wait to file NPB? The buyer has 99.9% feedback that is over 2200. I'd like to give the benefit of the doubt and assume that these two just fell through the cracks, but when I see hundreds being spend elsewhere *after* the items were purchased from me, but not paid for...I get a little frustrated. Again, I'm trying to not make any assumptions here, but with so many shady buyers out there these days, it's tough to not be jaded. My sales reports show an average of 5-11% of my buyers end up not paying over the last 3 months!

Stingray

Not to argue for the guy not paying for a week, but what about the person who sees something that they really need/want, but say might not have the money in their paypal account to pay for it right there and then.

gosteelers

<< <i>Not to argue for the guy not paying for a week, but what about the person who sees something that they really need/want, but say might not have the money in their paypal account to pay for it right there and then. >>



I think a few of our points here are that they (the buyers) are paying for other auctions that they've won after yours.

storm888

"My sales reports show an average of 5-11% of my buyers end up not paying over the last 3 months! "

//////////////////////////////////////////

The very friendly voice of experience says,

"Something is seriously wrong with your biznez model,"

when that is happening.

No EBAY collectible-biz can survive like that.

storm888

"Not to argue for the guy not paying for a week, but what about the person
who sees something that they really need/want, but say might not have the
money in their paypal account to pay for it right there and then. "

////////////////////////////////////////////////////

WalMart loves those kind of "buyers." NOT!!!!!

Seriously: If a buyer lets me know that is his
situation b4 he hits my BIN, I am often HAPPY
to work with him.

BUT, please do not drop from sight and fail to chat
with me AFTER you have made an unapproved BIN;
let me know whasup, b4 you BIN.

COMMUNICATE !!!

colebear

<< <i>I sold a couple of more expensive (125-150) cards via Buy It Now on the 18th to one buyer. Actually, one of them was a Best Offer that I accepted. In the mean time, I see that he has bought numerous other cards at around the same price from other sellers and has already received positive feedback from them after they received their payments. My auctions state that all payments are due within 7 days and I'm generally not too concerned if it takes a couple of days to make a payment. Yesterday was day 7 so I re-invoiced and haven't heard back.

How long should I wait to file NPB? The buyer has 99.9% feedback that is over 2200. I'd like to give the benefit of the doubt and assume that these two just fell through the cracks, but when I see hundreds being spend elsewhere *after* the items were purchased from me, but not paid for...I get a little frustrated. Again, I'm trying to not make any assumptions here, but with so many shady buyers out there these days, it's tough to not be jaded. My sales reports show an average of 5-11% of my buyers end up not paying over the last 3 months! >>



I give people seven days to pay as stated in my invoice. If payment is not received by that seventh day, I file a NPB and usually eBay gets them to pay quickly.

Seven days is plenty of time to wait for a payment and if a buyer is not paying by then they need to be reported, unless prior arrangements have been made.

Graphix

Seems like a week could be risky on some things in sports cards/memorabilia when selling. If it is a young player whose value could drop do to injury/trades or just bad play the person buying could save some money and just take a negative and NPB. Perhaps immediate payment is the way to go? Any thoughts?

gumbyfan

<< <i>"My sales reports show an average of 5-11% of my buyers end up not paying over the last 3 months! "

//////////////////////////////////////////

The very friendly voice of experience says,

"Something is seriously wrong with your biznez model,"

when that is happening.

No EBAY collectible-biz can survive like that. >>



I don't disagree. I actually did a little more research on those sales reports and was reminded that there were two buyers who were naru'd shortly after buying 10-20 items each. That explained the odd spike in the NPB refunds. I've generally had luck, but with those two buyers being two more than usual for me, it's tough not to see the environment at ebay changing for the worse.

As for my business model, I would defiitely agree. It's flawed at best these days, so I'm considering a few options.

None of these options, however, include repackaging my material and selling the packs.

sayheykid54

I wouldn't sweat it as long as you get paid. No big deal.

storm888

"I wouldn't sweat it as long as you get paid. No big deal. "

/////////////////////////////////////////////////////

Those are my true feelings, as well.

But, MANY folks sell stuff on EBAY to get money to
buy the other stuff that they want/need. It is a big
deal to them, and it is fair that they should be paid
promptly.

I send an invoice after a sale. If there is no payment
after 48-hours, I send another. Another one goes
after 5-days. THAT IS ALL. I wait 30-days, to file a NPB.
(PayPal is the only payment method I accept on EBAY.)

If a new buyer is VERY slow-pay, I BBL him after he has
left FB. I know how nice I am to EBAY buyers, and bad
ones only get to deal with me once. (Me having to wait
too long for payment = bad buyer.)

I ship everything same/next day after payment. I expect
prompt payment, and almost always get it. I say nothing
about payment-times in listings or ME pages. Adults are
supposed to know that when they buy something, they
should pay for it promptly.

themetalsign

99.9% of the time I pay within minutes of auction ending. Sometimes I let it go a couple of days if the seller doesn't contact me.

TraderShea

Now, I don’t want to cause a fight and I will never defend a deadbeat buyer, but there are a couple more factors which might need to be thought of.

I pretty much only buy; I have put a couple things up, but its rare. I know I have done this though, and purchasing a BIN and not paying for a few days just doesn’t seem that big of a deal to me. If I pay then where is the problem?

Why might I be in a situation like this? Well, often times I am watching an auction which I plan on winning and I will always look at the persons other auctions to make for one package. I might BIN a piece then watch for 3 days or so as another item finishes. I used to send emails letting people know that is what I’m doing after winning one auction but I never received an “ok” message back so it got to be a rather pointless step for an email the person probably isn’t even reading. This is especially the case if the person has like a “pay in 7 days” or something typed in, if I’m allotted that amount of time and watch additional items and pay in that time then I would never even realize there was a problem. If there is a problem waiting then I can only say communication works both ways, and if a seller is upset then he needs to voice that as the other person might never know…

Oh and I understand what you are saying with the “sell to buy” thing Storm888 and I know you said how you feel on it, but if what you said was ever the case then it would be the seller with the problem. If someone puts an item on EBay, who’s to say it will sell anyway? What if the item sat for another 10 days in their EBay store? Or maybe it was a timed auction with a BIN; if I pick up the BIN today (say 4 days before the auction ends) and pay 5 days from now, what is the difference between letting it run its course over the next 4 days and having to wait one or two for the person to pay? I’ve actually had a seller who requested 3 days on payment (because he needed it Sunday) yet would only accept money orders ~ huh? You can only ship off the MO and hope it gets there in time, he didn’t cause a problem when it didn’t but if he had, would this have been a reasonable complaint? That’s just spending money he didn’t have; and if a person does get into a situation like that, taking it out on the people who are willing to buy the item at a higher price than the next guy is just flat out wrong! If you need money tomorrow don’t start expecting everyone to bend over backwards to get it to you ~ esp someone you don’t even know! And how much are we talking about here? $20? Maybe even $40? If a person is that hard up for $40 then they probably shouldn’t be buying anything!

Besides, its not like every seller ships the items out the day its paid for. As long as the transaction is completed within a reasonable amount of time I just don’t see what the problem is. If I was a seller that didn’t want to ever wait a few days for payment then I shouldn’t be selling online.

storm888

"I used to send emails letting people know that is what I’m doing after winning one
auction but I never received an “ok” message back so it got to be a rather pointless
step for an email the person probably isn’t even reading. "

/////////////////////////////////////////////////////////////

Sellers appreciate the heads-up, even if they do not respond.

EBAY says 7-days is the appropriate time period. Sellers cannot
file a NPB until 7-days has passed.

EBAY estimates that about 250,000 folks make part or all of their
"household income" from EBAY. The EBAY-Live surveys show that as many
as 100,000 folks have no other income source; the extrapolation
of the respondents' answers has come under negative scrutiny,
but critics admit that the number is probably in the ballpark.

I have never NEGd a slow-pay/no-pay person. I "love" the money,
but if I never get paid it has ZERO impact on my life. But, I always figure
that I am not a good example by which to guage the needs of others.
That is why, in part, I would argue for very prompt payment.