Why do people wait so long to pay for auctions?

corvette1340

I sold a '67 set last Sunday night. Since then I've had no contact from the buyer, who has 1600+ feedback and buys high end sets all the time and does set breaks, and he hasn't responded to the invoices I've sent. It's now past the 4 day time frame for filing a NPB. I don't understand this. If I buy something, whether it be a $20 card or a $3000 card, I pay for it right after the auction or the morning after. What should I do?

zep33

Give him today and file tomorrow. Some people wait till Friday (payday) to pay for stuff.

jeffcbay

I usually wait a full two weeks until I file a NPB, and they usually pay within 12 hours of receiving that notice. It's funny, you send invoices, and you even contact the bidder, and no response. File an NPB and all of the sudden they know how to use Paypal. Go figure...

ShootyBabitt

I usually send an invoice after auction end, a second 3-4 days after and then one week after it's the NPB.

Along these lines, how can you tell if an eBayer has any NPBs recorded against them? eBay said that they get recorded, but I have no idea where.

MBMiller25

I dont know, but it annoys the hell out of me. Especially when it involves a BIN auction.

thedutymon

<< <i>I dont know, but it annoys the hell out of me. Especially when it involves a BIN auction. >>



Morning,

Same here, I've got 3 different $100+ BINs I've sold going back two weeks....still waiting on payment. Why can't everybody be perfect like me and just pay when you buy?? I know what you'll say before you say it, require immeadit payment. But I think that scares off Buyers, or is that just a wrong perception on my part?

Neil

smtjoy

I usually give it two weeks if they have not contacted me.

onefasttalon

I dont know, but it annoys the hell out of me. Especially when it involves a BIN auction.

No kidding! If you don't have the $$ to pay, then wait to hit the BIN when you do!


File an NPB and all of the sudden they know how to use Paypal. Go figure...

Yep... never fails. No response to invoices, no response to email... nothing. File that NPB, and payments start rolling in!


And POSITIVE feedback is our only option as a seller... Blah.

zep33

I think it does scare off buyers a bit. And they can't combine shipping if they want more than 1 item from you although that part doesn't affect me because I have free shipping. Buyers can always contact you though when they run into that wall - but will they? or will they just say screw it and leave?

koufax

When I list auctions (I have not in a while because I am done using ebay), in my listing I mention that the auction needs to be paid for within 48 hours. There is not reason a buyer would need more then 2 days to pay for the item. If you don;t have the money in hand (or Paypal), don't bid on my items. I know that some like to win an item and wait a week or so until payday to pay, and some sellers are ok with that. I am not. I am obviously selling items because I need the cash for whatever reason.

I pay immediately when an auction closes. If I win an auction, an e-mail goes straight too my phone and I pay right then. If I don't have the money, I don't bid.

WinPitcher

<< <i>Why do people wait so long to pay for auctions? >>



Because they can?

The reasons are endless.

What should you do?

I can only tell you what I would do, and that is, I'd show a little patience and allow the guy a week to pay.

If I wanted payment at the point of sale (BIN) I'd require immediate payment.

Steve

WinPitcher

<< <i>I mention that the auction needs to be paid for within 48 hours. >>




Koufax you do realize that was not enforceable? (as far as ebay was concerned) Of course you could

simply refund the buyer when he/she paid after 48 hrs but then you open yourself up to a neg.



Steve

mbothner

They can pretty much take as long as they want but if you don't ship the item quickly guess who gets the bad feedback. Great system.

stevek

There is no doubt at least for some slow paying ebayers with low feedback, that they "hope" the seller might make a mistake and accidentally ship it out before it's paid for, hence they might get it for free. The buyer has nothing to lose doing this since the seller of course can no longer neg the buyer. Yes, if that mistake is made, and the buyer won't pay, the buyer could still be sued in small claims court, or the seller could use a collection agency, but likely these type of scumbags already know their way around the court systems quite well, and know what they can get away with, and just ignore collection agency phone calls.

CollectorAtWork

I sometimes wait as long as a week if there are a number of items from a seller that I also want to bid on. This is for combined shipping discount.

Blacklabelsociety

it takes pigpal 3-5 business days to transfer funds from a bank account.

diamondman

I send 1 invoice, wait 10 days then send another invoice, if I don't get a response on day 15 I file a NPB.
I have noticed a rise of NPB in the last couple months, I blame it on school being out & vacations . JMHO

corvette1340

there is absolutely no reason for someone to not get in touch with the seller and explain if they are out of town, etc....Judging by the buyers feedback and all of his high end buys I feel like he will pay, but I just dont get it. If you've got $3000 to spend on Friday then you should have $3000 to spend on Monday.

divecchia

I don't sell much, but I usually give 2 weeks for them to pay. I've NEVER in my 10 plus years EVER taken longer than 3 days to pay on eBay.

The feedback system is a lot of BS. They should come up with a more automated system that works by itself. For example if you buy an item and you pay that day or the next day you should automatically get a "fast payer" feedback and if you take three to one week it may say "pays in a timely manner" and if it takes more than a week "slow to pay" and if you don't pay for an auction it would say "does not always pay for the auctions they win". As a seller it can work something like this. If a package is delivered within one week of payment confirmation then it would say "fast shipper", if it is received within 2 weeks then "ships in a timely manner" and if it takes more than two weeks then it could say "slow shipper" and if item is never received it could say "does not always ship items that they sell".

This is just one example of a better system and with some thought I'm sure other's could come up with something better.

Donato

gumbyfan

<< <i>it takes pigpal 3-5 business days to transfer funds from a bank account. >>



I've heard this excuse many, many times. I don't get it. When I win an auction and make my immediate payment from Paypal, it arrives at the seller's account immediately. Do I know something that others don't about how Paypal works? I don't need to manually add funds to my Paypal account to use Paypal to pay for auctions. When I want to pay for an item and don't have existing funds in my Paypal account, it just automatically draws the funds from either my checking account or my credit card...whichever I choose.

Is this option not available for all Paypal users?

hhmag70

<< <i>

<< <i>it takes pigpal 3-5 business days to transfer funds from a bank account. >>



I've heard this excuse many, many times. I don't get it. When I win an auction and make my immediate payment from Paypal, it arrives at the seller's account immediately. Do I know something that others don't about how Paypal works? I don't need to manually add funds to my Paypal account to use Paypal to pay for auctions. When I want to pay for an item and don't have existing funds in my Paypal account, it just automatically draws the funds from either my checking account or my credit card...whichever I choose.

Is this option not available for all Paypal users? >>



If it draws from checking and you make payment direct it will take days for the e-check to clear before the seller actually gets the money, they get immediate notification that you sent it. If you transfer the funds into your account before you make payment to the seller it takes days to be added to your account just like there is a wait for the e-check to clear.

Blacklabelsociety

<< <i>

<< <i>it takes pigpal 3-5 business days to transfer funds from a bank account. >>



I've heard this excuse many, many times. I don't get it. When I win an auction and make my immediate payment from Paypal, it arrives at the seller's account immediately. Do I know something that others don't about how Paypal works? I don't need to manually add funds to my Paypal account to use Paypal to pay for auctions. When I want to pay for an item and don't have existing funds in my Paypal account, it just automatically draws the funds from either my checking account or my credit card...whichever I choose.

Is this option not available for all Paypal users? >>



many people are cautious about keeping funds in a paypal account and for good reason. when it comes to auctions especially you dont know you are going to win the item. so say a buyer has a winning bid, he then has to transfer money into his paypal account from his cc or bank account.

corvette1340

all paypal funds from your checking account are instant as long as you have a backup method of funding from a credit card. I've never had to wait on a payment to go through from an ebay auction. That being said, they wouldn't let me send board member samspop the money for the '62 set I just bought from my checking account through the paypal gift method without it waiting for a couple of days to transfer. I had to send it from a credit card or use paypal buyer credit.

NickM

Some people just wait until there are a bunch of auctions to pay for at one time - most of these people pay on Friday nights or weekends.

One common reason to wait until there are funds in your PayPal account to pay (such as from selling other items) - nothing shows on a credit card bill that a spouse can see.

Nick

corvette1340

<< <i>Some people just wait until there are a bunch of auctions to pay for at one time - most of these people pay on Friday nights or weekends.

One common reason to wait until there are funds in your PayPal account to pay (such as from selling other items) - nothing shows on a credit card bill that a spouse can see.

Nick >>



lol, I could go and buy a new car, an entire new closet of clothes, new golf clubs, 3 vintage '60's sets, and then blow $10,000 at the blackjack table and my wife wouldn't say a thing. Nor should she.

gumbyfan

<< <i>

<< <i>

<< <i>it takes pigpal 3-5 business days to transfer funds from a bank account. >>



I've heard this excuse many, many times. I don't get it. When I win an auction and make my immediate payment from Paypal, it arrives at the seller's account immediately. Do I know something that others don't about how Paypal works? I don't need to manually add funds to my Paypal account to use Paypal to pay for auctions. When I want to pay for an item and don't have existing funds in my Paypal account, it just automatically draws the funds from either my checking account or my credit card...whichever I choose.

Is this option not available for all Paypal users? >>



many people are cautious about keeping funds in a paypal account and for good reason. when it comes to auctions especially you dont know you are going to win the item. so say a buyer has a winning bid, he then has to transfer money into his paypal account from his cc or bank account. >>



I rarely keep money in my paypal account. Based on what I read above, the reason my payments go through immediately is because I have a credit card on file as a backup payment source. I'm surprised that there are people out there who don't have that set up. It makes life a lot easier and having a credit card on file for payments is actually much safer than using a checking account. But to each his own I guess.

nightcrawler

<< <i>lol, I could go and buy a new car, an entire new closet of clothes, new golf clubs, 3 vintage '60's sets, and then blow $10,000 at the blackjack table and my wife wouldn't say a thing. Nor should she. >>




You da man.

koufax

<< <i>

<< <i>I mention that the auction needs to be paid for within 48 hours. >>




Koufax you do realize that was not enforceable? (as far as ebay was concerned) Of course you could

simply refund the buyer when he/she paid after 48 hrs but then you open yourself up to a neg.



Steve >>



Yes I understand that. I just hope that eBay changes there policy someday now that paypal is the only was to pay. I don't know but maybe have it to where when the auction ends, it is automatically taken out of your paypal and put in the sellers account.

Maybe even go as far as ebay checks your Paypal account with each bid and locks that money until the auction ends or your outbid. I know its a long shot. But it bothers me like no other when I am waiting on a buyers payment. But this is just me. In another forum I frequent, I got flamed for my views on this. I am a real easy seller. I just don't see why you need more then 48 hours to make the payment. And waiting for your paycheck is not good enough for me (unless we have talked about this before the any bids were placed). I usually have cards I need to pay for that I won. And like I said earlier, I pay within minutes of an auction closing. Now I am sure that I am a rare example, but you don't need a week+ to pay.

I also forgot to mention in my listing I say that if you can not pay within 48 hours from the close of the auction, message me before you bid to see if we can work some extra time out or something.

WalterSobchak

These slow-paying folks must not have the addiction to the same extreme that I do. The reason I always send payment right away is nothing more than I WANT THAT EFFING CARD! The sooner I pay for it, the sooner I'm going to get it!!!


As a seller, it doesn't start to annoy me until it starts to get to be about day 5 or 6 with no payment and no contact. Here's my system:

*Day 1- no invoice from me (unless I need to so I can combine shipping)..... EBay sends one automatically.
*Day 4- invoice
*Day 10 or so- contact buyer through EBay messages: "This auction ended on such and such a date and I have not received payment. If you still intend to purchase this item, please send payment by (day 14). Thank you!
*Day 14- file NPB

I think I've gotten to the last step twice, ever.

PowderedH2O

To me it depends on the seller and the circumstances. If I want to bid on multiple auctions over several days I will contact the seller and ask them if they are ok with me paying at the end. Nobody has ever complained about that. If they did, I would pay and then bid on nothing else. I've bought a lot of cards from 4SC over the past couple of years and they say that they will gladly combine shipping within a 7 day window. Since they are willing to do it, I just pay on Fridays for anything I have bought since the last Friday. This might be anywhere between $25-$400 depending on the week. But as the buyer, I FREQUENTLY get hung on slow sellers not sending me invoices. If you say that you will combine shipping and I send a notice requesting combined shipping and it takes you three days to do it, then you will not get paid for three days. I don't sell on ebay anymore. But when I did, I figured a week was reasonable. And I guess I am one of the poorer folks that can't flaunt my money around. If I spend money, my wife will know. But if it is Monday and I don't get paid until Friday and there is a card that I have wanted for months/years and I doubt I will see another one for months/years, do you think I will bid on it? Yup.

WinPitcher

Koufax I too generally pay when the auction ends or the next day, however, for the longest time people were

allowed 10 days before you could even file, not sure what it is now. If someone can blow 10k in a night at BJ

without caring why the fuss over a few days waiting for a payment? Not everyone pays the minute an auction ends.

I guess i really don't have the answer as to why people do the things that they do. Maybe the guy is dead, in jail, on vacation, wife is in labor etc etc etc.

Steve

corvette1340

<< <i>Koufax I too generally pay when the auction ends or the next day, however, for the longest time people were

allowed 10 days before you could even file, not sure what it is now. If someone can blow 10k in a night at BJ

without caring why the fuss over a few days waiting for a payment? Not everyone pays the minute an auction ends.

I guess i really don't have the answer as to why people do the things that they do. Maybe the guy is dead, in jail, on vacation, wife is in labor etc etc etc.

Steve >>



lol, no real fuss, just trying to see why people thought that others waited so long to pay. If I buy something then I want it asap, so I pay asap. And yes, I've blown well over that before at the casino but why should my wife care? I pay all the bills and don't spend or lose anything that I can't afford. I love how you take every opportunity to take a shot at me and then you'll send me some private message and make a post that says that wasn't your intent, blah, blah, blah. Save it.

itzagoner

i used to worry about getting paid fast.....when interest rates actually predicated the need to hoard money for profit.

now, who gives a crap, as long as they pay.

Tommy threads rock.

corvette1340

<< <i>i used to worry about getting paid fast.....when interest rates actually predicated the need to hoard money for profit.

now, who gives a crap, as long as they pay.

Tommy threads rock. >>



thanks Jeff, all the cool crackheads post in my threads.

thunderdan

<< <i>

<< <i>i used to worry about getting paid fast.....when interest rates actually predicated the need to hoard money for profit.

now, who gives a crap, as long as they pay.

Tommy threads rock. >>



thanks Jeff, all the cool crackheads post in my threads. >>



I think all the poor people post in your threads, too, so they can catch a whiff of the green.

nightcrawler

<< <i>I think all the poor people post in your threads >>





Just an fyi... even poor people can wipe their asses with dough.

bleedingreen

The password is "whiny douchebag."

Estil

<< <i>it takes pigpal 3-5 business days to transfer funds from a bank account. >>



Just use your Paypal debit card and withdraw the funds from an ATM, then make the cash deposit into the bank account. Much quicker that way.

WinPitcher

Maybe they don't want it asap.

Generally I pm you so I can see you try to BS your way out of something.

You know like Carol being on speed dial?


Steve

fiveniner

I will usually go 10 to 14 days before I contact them again.I never specify time windows.

corvette1340

<< <i>Maybe they don't want it asap.

Generally I pm you so I can see you try to BS your way out of something.

You know like Carol being on speed dial?


Steve >>



before this is misconstrued by someone because captain half story makes a vague reference, I did not say I had Carol on speed dial.

This was in reference to a thread where a board member put a comical paragraph about his sexual prowesses and people were speculating that he might get banned. Then I made a comical post that said "banned, hell Carol might put him on speed dial". Absolutely nothing wrong with the comment and I get pm's from Steve saying I'm gonna get banned, etc...

Does anyone else see anything wrong with that comment? If you do, then you are as uptight as Steve is.

WinPitcher

Dude I never said anything about you getting banned.

I simply said 'it was a smart move deleting that post'


You of course went on and on about how what you said was nothing.


If you can equate bringing her into a thread regarding anal beading, as nothing than

you are dumber than I thought.



Geez are you really this stupid?


Steve

WinPitcher

corvette1340
Collector

Posts: 2190
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Saturday July 17, 2010 9:17 AM (NEW!)

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<< Maybe they don't want it asap.

Generally I pm you so I can see you try to BS your way out of something.

You know like Carol being on speed dial?


Steve >>



before this is misconstrued by someone because captain half story makes a vague reference, I did not say I had Carol on speed dial.

This was in reference to a thread where a board member put a comical paragraph about his sexual prowesses and people were speculating that he might get banned. Then I made a comical post that said "banned, hell Carol might put him on speed dial". Absolutely nothing wrong with the comment and I get pm's from Steve saying I'm gonna get banned, etc...

Does anyone else see anything wrong with that comment? If you do, then you are as uptight as Steve is.

corvette1340

<< <i>Dude I never said anything about you getting banned.

I simply said 'it was a smart move deleting that post'


You of course went on and on about how what you said was nothing.


If you can equate bringing her into a thread regarding anal beading, as nothing than

you are dumber than I thought.



Geez are you really this stupid?


Steve >>



the comment I made had nothing to do with "anal beading". Geez, are you really that stupid? Look, you don't like me and I don't like you. Just stop posting anything in response to me and I won't post anything in response to you (and I haven't in about a year because I know that you get off on sending pm's and trying to justify every poking post you make toward others on here). Just go about your miserable life without including me in it.

nam812

thunderdan

Nick, you read my mind.

lsutigers1973

Sweet! An early weekend trainwreck!

thedutymon

<< <i> >>



I could sit here and watch her smoosh that Booby all day !!!!

YeeHah

Neil

WinPitcher

Tommy

lol only an idiot would try that explanation.


So lets recap, a person writes a post about anal beading, ends with "I hope Carol does not ban me".

You copy and paste the post and reply "Ban you hell, I bet she will have you on speed dial'

And you expect people to believe you when you claim it had nothing to do with the post?

Yeah just what I thought you really are this stupid.

You seriously don't think anyone here is buying your malarky do you?


Steve

corvette1340

how do you survive day to day life? Seriously, how did you get to be so old by not having a clue?

the post in question was not all about anal beading, it was a complete paragraph about a process of pleasuring the opposite sex. The fact that you took it as an anal beading post says a lot about your IQ. He made the comment "I hope carol doesn't ban me" and then I quipped "ban you, hell she may put you on speed dial". Then several people replied with lol, etc...

It was nothing more than a comical quip in an obvious train wreck of a thread that YOU started. Reading anything more into it is simply you trying to take a shot at me, which you do in every thread I reply in.

I'm not sure whether you are upset because I'm more successful than you or are bothered at your own inadequacies, but just stop posting towards me and I'll do the same. I have no desire to ever interact with people like you.

nightcrawler

lmfao, this thread is awesome.