How Do You Handle This? (eBay Related)

behemoth

it is happening more frequently lately. people bid on tons of things and then will email you saying "i won't have the money for a week or 2" seriously? why would you spend money you don't have?

when someone emails you asking if it is ok but has already placed tons of bids?? what is your response to them? I try to be cordial but what if I was selling in dire need of money?

The_Hook_Up

You gotta have it in your listing, "payment required in x amount of hours/days"

Breez

I handle every situation different, depending on the buyer and every other factor involved. When I really do need the money right away and their time is up, I let them know they violated the agreement that they enter by placing the bid and I go straight to second chance offers. But be sure not to delete their bid because that will also affect the bids that said buyer out bid during the duration of that auction. I let people slide all the time but you do have to draw the line somewhere. When ever you do make an exception and work through a shitty situation with a buyer make sure that they are aware that you never usually do this and you will not do this again. Hope this is helpful, good luck!!

behemoth

The_Hook_Up said:

You gotta have it in your listing, "payment required in x amount of hours/days"

unfortunately the new format I am listing in I forgot to put that in there. regardless, in the past when I did have that I would still have that problem. people think just because you buy something on the internet you are not required to pay right away.

Reynaldo

Risk it. If they're that little dude they probably aren't bidding to win anyway. Or block their id but don't cancel their bids, especially if the items they are bidding on aren't bid up to market value yet and their high bid (probably) won't be the winning one. Keep your prices up and suspicious activity to a minimum.

Jonny_Paycheck

I recently stopped doing business with a big spending client because he would win $1000s worth of merch and then wait upwards of a month to pay. I appreciated his business; I offered him the option of continuing to buy but observing the same rules that everyone else seemed to be able to do. He declined.

Just because you outbid everyone on every last item doesn't give you license to sit on the payment. You don't have the money, don't bid. Simple. These folks aren't worth as much as they think. There are always more bidders.

Rockadelic

My best customer on ebay originally asked if he can pay after winning 25 items to save money on shipping.

It's usually 60 days from the time he wins the first item until the time he pays.

He has told me many dealers won't allow him to do this.

I'll gladly take the money that the rest of these dealers refuse.

RAJ

Yeah... I really don't care if it take people a couple weeks to pay. I think I would feel differently if selling records was my full time hustle, though.

The_Non

I don't care really, but what I don't appreciate is a lack of communication about it.
One asterisk in this whole discussion is some countries have many people who get paid MONTHLY, first of the month, which can be a serious PITA. Working with those folls can be work it tho.

holmes

as a buyer, I have several sellers who will let me accumulate winnings before paying so I can save on postage, but I always ask if it's ok to do so & would never just do it without checking. It irks me when I'm selling & people leave me hanging for weeks with their payments & no real contact is made. Some people are unbelievably chaotic in their day to day lives though, as a fairly organized person I can't see how they can function.

Jonny_Paycheck

RAJ said:

I think I would feel differently if selling records was my full time hustle, though.

Yeah in no way am I trying to wait 60 days to get paid. I'll send them all your way, Rich.

spelunk

Rockadelic said:

My best customer on ebay originally asked if he can pay after winning 25 items to save money on shipping.

It's usually 60 days from the time he wins the first item until the time he pays.

He has told me many dealers won't allow him to do this.

I'll gladly take the money that the rest of these dealers refuse.

This.

mannybolone

spelunk said:

Rockadelic said:

My best customer on ebay originally asked if he can pay after winning 25 items to save money on shipping.

It's usually 60 days from the time he wins the first item until the time he pays.

He has told me many dealers won't allow him to do this.

I'll gladly take the money that the rest of these dealers refuse.

This.

Tortoise vs. rabbit?

or

A buck in the hand is worth two in the aether?

Breez

The_Non said:

I don't care really, but what I don't appreciate is a lack of communication about it.

YES. I always give the buyer the benefit of the doubt. I'll message them after 3 days, if they don't reply I'll message them again to let them know that a case will open the next day. If that don't get a reply I open the case and 9 times out of 10 they pay immediately.

The lack of communication is a real headache.

Rockadelic

mannybolone said:

spelunk said:

Rockadelic said:

My best customer on ebay originally asked if he can pay after winning 25 items to save money on shipping.

It's usually 60 days from the time he wins the first item until the time he pays.

He has told me many dealers won't allow him to do this.

I'll gladly take the money that the rest of these dealers refuse.

This.

Tortoise vs. rabbit?

or

A buck in the hand is worth two in the aether?

He's been doing it now for 2+ years so I know he's good for it.

He buys about 150 LP's a year from me.

By doing it this way and not paying and shipping them all immediately he's saving close to $1,500 in postage.

The way I see it that's $1,500 more that he'll spend with me.

damms

behemoth said:

what if I was selling in dire need of money?

I learned something: one shouldn't sell valuable stuff when in need of money

sell when you don't need the money

Breez

damms said:

behemoth said:

what if I was selling in dire need of money?

I learned something: one shouldn't sell valuable stuff when in need of money

sell when you don't need the money

desperation makes bad decisions.

Breez

damms said:

behemoth said:

what if I was selling in dire need of money?

I learned something: one shouldn't sell valuable stuff when in need of money

sell when you don't need the money

Correction: desperation = bad decisions & REGRET

damms

Breez said:

damms said:

behemoth said:

what if I was selling in dire need of money?

I learned something: one shouldn't sell valuable stuff when in need of money

sell when you don't need the money

desperation makes bad decisions.

exactly

The_Hook_Up

What sucks is you can't sit on shipping, a jackass can take a month to pay you but you still only have a week from recieving payment to get in the mail. If you are that casual with sending the money, then the seller should be able to take their sweet ass time in sending it.

behemoth

damms said:

Breez said:

damms said:

behemoth said:

what if I was selling in dire need of money?

I learned something: one shouldn't sell valuable stuff when in need of money

sell when you don't need the money

desperation makes bad decisions.

exactly

that was just a "what if?"

Jonny_Paycheck

time value of money, fellas.

damms

behemoth said:

damms said:

Breez said:

damms said:

behemoth said:

what if I was selling in dire need of money?

I learned something: one shouldn't sell valuable stuff when in need of money

sell when you don't need the money

desperation makes bad decisions.

exactly

that was just a "what if?"

I know
I just wanted to share a lesson I learned with anybody who might read