Ending an eBay listing early???

BigRedMachine

I tried to do a search to answer my question, as I'm sure this has been covered before. However, most of what I found had to do with the etiquette of ending an ebay auction early after the item has already had bids.

In my case, I listed an item with a high BIN, Best offer option. The item has some watchers but no bids at this time. I was contacted thru eBay about my lowest BIN price OFF of ebay.

So my question.....what dangers do I have in selling the item off of eBay, if any?? Seems these days that eBay protects the buyers more than the sellers anyway. If I had someone paypal gift me XX amount of dollars, is the potential buyer just trusting I'll send the item?? Could he still claim "item not received" or any of the other BS you hear about these days??

We all have a different threshold as to what constitutes a "significant amount of money", and for me, this item would reach that. Any advice as to what I would have to "look out for" would be much appreciated.

Shawn

epislash

No it's pretty much a trust thing. You could easily take the money and run. There's no protection when sending a gift. I've trusted someone sending $3150 for sonething. I'm not sure if the buyer uses a credit card through PayPal then disputes it. Others might know. I've done it, did transactions around eBay by ending it early.

Ironmanfan

If the buyer sends you paypal gift, he is the one taking the risk.....

I'd wait to actually end the auction until the money is in your account tho.

Good Luck

IMF

Ilovecards

if they pay with paypal they have the same protection even more protection actually than ebays. But it would not affect your ebay account if a case was opened just your paypal .

Ironmanfan

<< <i>if they pay with paypal they have the same protection even more protection actually than ebays. But it would not affect your ebay account if a case was opened just your paypal . >>



I dont think this is the case when it's a "gift payment" however

IMF

Dboneesq

<< <i>If the buyer sends you paypal gift, he is the one taking the risk.....
I'd wait to actually end the auction until the money is in your account tho.
Good Luck. IMF >>


The only problem with waiting to end the auction: What happens if, while the money is in transit to you, someone hits the BIN on eBay? Not fair to the first guy who sent you the money. Also, even after sending the money back to him, he may then start busting your chops by playing around with your other items. I'd end the auction on eBay as soon as you make an agreement with the other guy. If you don't have the money within a week, send him an email and tell him if you don't have the money that day you will be putting the item back on eBay. If he backs out of the deal, your item will have been off eBay for one week ... not a big deal.

PhilG

Purchase Protection does not cover certain kinds of purchases. These include: digital goods (intangible items), services, real estate, motorized vehicles (of any kind), custom made items, travel tickets, industrial machinery (for manufacturing), prepaid cards, or items that violate our policies or eBay’s policies (stuff that’s usually prohibited by law anyway). Purchase Protection also does not cover items that you purchase in person, or money you send to friends and family.

Phil

Ilovecards

Wait you guys have to understand .. that if you sell something to someone and then have them gift you the money that is against their terms of service. That means if the buyer complains the gift will then be considered a payment and they can open a dispute. Also of course they can do a charge back .

you can also be thrown off Paypal for accepting payments as gifts.

Paypal can also hold your money for a year if they chose too. They can also keep your money if they think you committed fraud.

soundgard

I would tell the buyer to send you a postal money order. Paypal is un-safe for sellers.

slum22

<< <i>

<< <i>If the buyer sends you paypal gift, he is the one taking the risk.....
I'd wait to actually end the auction until the money is in your account tho.
Good Luck. IMF >>


The only problem with waiting to end the auction: What happens if, while the money is in transit to you, someone hits the BIN on eBay? Not fair to the first guy who sent you the money. Also, even after sending the money back to him, he may then start busting your chops by playing around with your other items. I'd end the auction on eBay as soon as you make an agreement with the other guy. If you don't have the money within a week, send him an email and tell him if you don't have the money that day you will be putting the item back on eBay. If he backs out of the deal, your item will have been off eBay for one week ... not a big deal. >>



+1

I am not a big seller but when I do sell on ebay I use BIN with BO. If someone approaches me with an offer off eBay I will end the item once I come to the agreement with the buyer. You don't want to sell an item to two people and have to explain it to one of them. Much easier to relist later if the buyer backs out.

grote15

Wait you guys have to understand .. that if you sell something to someone and then have them gift you the money that is against their terms of service. That means if the buyer complains the gift will then be considered a payment and they can open a dispute. Also of course they can do a charge back .


A dispute through paypal cannot be opened for a gift payment. A chargeback through the buyer's credit card company can be done, but only if the payment was funded that way, and if that was the case, the sender would have been charged the paypal fee on his end, which really wouldn't make sense, so it would be highly unlikely that a gift payment would be funded that way to begin with.

BigRedMachine

Okay guys, thanks for the help!!

shawn