Selling camera stuff on Paypal&^%$&%^$&^%$

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Archive 2008 · Selling camera stuff on Paypal&^%$&%^$&^%$

tomb18
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p.1 #1 · Selling camera stuff on Paypal&^%$&%^$&^%$

Well, I just sold my Nikon 35mm PC on paypal and guess what? Paypal now imposes a 21 day hold on the funds!!!! There are so many conditions to not have a hold, that unless you sell hundreds of items a week you're out of luck.
I now refuse to use paypal. Any other suggestions?

Sep 03, 2008 at 11:45 PM

xof711
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p.1 #2 · Selling camera stuff on Paypal&^%$&%^$&^%$

I think if you get verified, you skip the hold no??

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Sep 03, 2008 at 11:49 PM

Jack White
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p.1 #3 · Selling camera stuff on Paypal&^%$&%^$&^%$

Google checkout is an alternative.

I've done plenty of transactions with Paypal and although the fees are high (really high when combined with Ebay fees) in my hundreds of selling and buying transactions I have never experienced a 21 day hold on funds. There is a specific reason or glitch for this as this is not the norm. Even a refund only takes 5 business days. Is the other party filing a complaint? This would be a reason for the funds being on hold and not a fault of Paypal but rather the buyer. I'm no fan of Paypal but I've never had a 21 day hold and I've done far more transactions but not hundreds per week (a couple per month). There is no requirement for hundreds of sales per week in order to get your money right away.

As Xof711 indicates, get verified, it's a simple process. I did years ago but I if I remember correctly it is only adding a bank to your account. Which you'll want to do anyway so you can deposit the money to your bank account.

Sep 03, 2008 at 11:55 PM

tomb18
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p.1 #4 · Selling camera stuff on Paypal&^%$&%^$&^%$

Verified doesn't help. Here are the conditions for a hold

You have been an eBay member for less than 6 months, and you sell an item for more than $100, or
You have an eBay feedback score of less than 100, and you sell an item for more than $100, or
You have a Buyer dissatisfaction percentage** 5% or greater than 5%, or
You have an average Detailed Seller Rating (DSR) of less than 4.5, or
You have received fewer than 20 Detailed Seller Ratings in the last 12 months, or
You are listing your item in a high-risk category such as gift certificates, video games, cell phones, computers or consumer electronics.

Crap! I have 37 transactions, with 100% + feedback and it's still not enought for them....

Sep 03, 2008 at 11:56 PM

tomb18
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p.1 #5 · Selling camera stuff on Paypal&^%$&%^$&^%$

Jack White wrote:
Google checkout is an alternative.

I've done plenty of transactions with Paypal and although the fees are high (really high when combined with Ebay fees) in my hundreds of selling and buying transactions I have never experienced a 21 day hold on funds. There is a specific reason or glitch for this as this is not the norm. Even a refund only takes 5 business days. Is the other party filing a complaint? This would be a reason for the funds being on hold and not a fault of Paypal but rather the buyer. I'm no fan of Paypal but I've never had a 21 day hold and I've done far more transactions but not hundreds per week (a couple per month). There is no requirement for hundreds of sales per week in order to get your money right away.

As Xof711 indicates, get verified, it's a simple process. I did years ago but I if I remember correctly it is only adding a bank to your account. Which you'll want to do anyway so you can deposit the money to your bank account.

It's a new policy only for ebay transactions. If you have over 100 feedbacks I guess ytou are exempt IF you have enough extended evaluations!

Sep 03, 2008 at 11:58 PM

Jack White
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p.1 #6 · Selling camera stuff on Paypal&^%$&%^$&^%$

It's a new policy only for ebay transactions. If you have over 100 feedbacks I guess ytou are exempt IF you have enough extended evaluations!

Ouch, thanks for the clarification. Wow, you're right, my apologies, I agree, that sucks!

I wonder if this will be a good way to keep scammers to a minimum knowing they can't get rich quick. Before they could make a fake sale and then run with their money even if Ebay/Paypal closed their account. Now Ebay which owns Paypal can seize the funds and return to victim. I see this policy as good and bad. I think 100 is excessive. They should make it something like 20 positive feedbacks as a seller.

Only 20 days + hours to go...

Sep 04, 2008 at 12:03 AM

netexpress
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p.1 #7 · Selling camera stuff on Paypal&^%$&%^$&^%$

Jack White wrote:
It's a new policy only for ebay transactions. If you have over 100 feedbacks I guess ytou are exempt IF you have enough extended evaluations!

Ouch, thanks for the clarification. Wow, you're right, my apologies, I agree, that sucks!

I wonder if this will be a good way to keep scammers to a minimum knowing they can't get rich quick. Before they could make a fake sale and then run with their money even if Ebay/Paypal closed their account. Now Ebay which owns Paypal can seize the funds and return to victim. I see this policy as good and bad. I think 100 is excessive. They should make it something like 20 positive feedbacks as a seller.

Only 20 days + hours to go...

It doesn't help - all the scammers set up a few accounts and sell $1 items back and forth to between them to build up 100 sales each with a couple of >$100 for good measure then go for broke selling 1DsIII's and Hassy H3D-39 cameras. They aren't dumb - they read the rules and game them. That's what they do. If they only could apply that to a real job they would probably succeed. I'll leave it up to the reader to determine why they don't.

Edited by netexpress on Sep 03, 2008 at 04:17 PM GMT

Edited on Sep 04, 2008 at 12:17 AM

Sep 04, 2008 at 12:16 AM

Chris Langer
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p.1 #8 · Selling camera stuff on Paypal&^%$&%^$&^%$

Ebay and Paypal are annoying. I had this same story with the whole lot of drum stuff I sold 3 weeks ago. Right now my funds are on hold while the customer looks through it and either 21 days on hold or positive feedback. In October, I hear Ebay is going Paypal only and will discourage all cash/check transcations. I am fed up with the fees with Ebay and fed up with this new policy. If I have to wait that long before I get my money, Google gets my business for now on and I wouldn't bother with Paypal/Ebay anymore. Its disgusting how things have changed but oh well. Money and profits will do that to any corporation.

Chris

Sep 04, 2008 at 12:16 AM

xof711
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p.1 #9 · Selling camera stuff on Paypal&^%$&%^$&^%$

tomb18 wrote:
Verified doesn't help. Here are the conditions for a hold

You have been an eBay member for less than 6 months, and you sell an item for more than $100, or
You have an eBay feedback score of less than 100, and you sell an item for more than $100, or
You have a Buyer dissatisfaction percentage** 5% or greater than 5%, or
You have an average Detailed Seller Rating (DSR) of less than 4.5, or
You have received fewer than 20 Detailed Seller Ratings in the last 12 months, or
You are listing your item in a high-risk category such as gift certificates, video games, cell phones, computers or consumer electronics.

Crap! I have 37 transactions, with 100% + feedback and it's still not enought for them....

Oh WOW! Didn't know that!! Well... As pointed out, Google is an alternative and it's the only real alternative ah!

Sep 04, 2008 at 12:20 AM

Jack White
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p.1 #10 · Selling camera stuff on Paypal&^%$&%^$&^%$

Google Checkout isn't much better. I tried them a couple times for a few high price items and they turned down the transactions during their review process. Their fraud detection system is flawed, overly-sensitive. Maybe others have had better success but if you google Google Checkout you'll find many stories about their fraud protection being overly sensitive. It's fine for items that under a couple hundred dollars but they have not built up the audience of Ebay therefore selling strictly via Google isn't going to work very well.

I would prefer check or cash sales too but what happens is that a competitor who is selling something similar will outbid everyone with a dummy account and then never pay as their own items sells to a legit buyer. And as we know the number of people who don't send in money right away or never gets to be a hassle too.

I think we're all stuck for a while! That's why FM B&S board is so good, less hassles, few scammers if any.

Edited on Sep 04, 2008 at 12:24 AM

Sep 04, 2008 at 12:23 AM

tomb18
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p.1 #11 · Selling camera stuff on Paypal&^%$&%^$&^%$

I think this is the one that is the worse...
You have received fewer than 20 Detailed Seller Ratings in the last 12 months,

I never gave a detailed rating to anyone and noone ever has given me one.
What a pain.

Thing is though, my 35mmPC sold in one day with buy it now.

Sep 04, 2008 at 12:33 AM

baabbott
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p.1 #12 · Selling camera stuff on Paypal&^%$&%^$&^%$

tomb18 wrote:
Verified doesn't help. Here are the conditions for a hold

You have been an eBay member for less than 6 months, and you sell an item for more than $100, or
You have an eBay feedback score of less than 100, and you sell an item for more than $100, or
You have a Buyer dissatisfaction percentage** 5% or greater than 5%, or
You have an average Detailed Seller Rating (DSR) of less than 4.5, or
You have received fewer than 20 Detailed Seller Ratings in the last 12 months, or
You are listing your item in a high-risk category such as gift certificates, video games, cell phones, computers or consumer electronics.

Crap! I have 37 transactions, with 100% + feedback and it's still not enought for them....

The last time I used Paypal, I rec'd. the same message, but they did not hold my funds. I had 39 transactions and 100%+ feedback. Are you sure they are holding the funds or is that just the message you rec'd? I am verified and the funds go directly to my bank account (not sure that makes any difference).

Sep 04, 2008 at 02:35 AM

tomb18
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p.1 #13 · Selling camera stuff on Paypal&^%$&%^$&^%$

Yup, they explicitly said they are holding the funds. 37 transactions and 100%+. But it is over $100.
Crooks.

Sep 04, 2008 at 02:40 AM

zoetmb
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p.1 #14 · Selling camera stuff on Paypal&^%$&%^$&^%$

There's been much written about how eBay is moving away from auctions in favor of fixed-price sales and how the strategy of the site will be to support large retailers and not individuals selling stuff, which I personally think is a big mistake. If I'm buying, I'm looking for bargains and I'm not getting bargains from big retailers, I'm getting bargains from individual sellers who either don't know the worth or who need the cash or who ran an auction and not enough people bid up the price.

On the other hand, almost everything I ever put up on eBay (which isn't all that much) sold. I've recently tried to sell camera equipment on Craigslist and it was a disaster. I constantly either got people who offered less than half what I wanted or who wanted the equipment, but had some inquiry (Does it have a high click count? Do you have a receipt? Does it have the original packaging? Was it ever cleaned by Nikon?) and when I responded in a positive way (low click count, yes to receipt, yes to packaging, yes to cleaned by Nikon), still didn't buy the camera. This happened numerous times. So on eBay, I think you get real buyers, on Craigslist, my experience is that you get tire kickers.

Edited on Sep 04, 2008 at 02:56 AM

Sep 04, 2008 at 02:56 AM

bubarker
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p.1 #15 · Selling camera stuff on Paypal&^%$&%^$&^%$

PayPal will release the hold when the earliest of the following occurs: the buyer leaves positive feedback; 3 days after confirmed item delivery; or 21 days without a dispute, claim, chargeback, or reversal filed on that transaction. (PayPal said if a buyer leaves a negative feedback but does not initiate a dispute, PayPal would release the funds to the seller after 21 days.)

regards

Sep 04, 2008 at 06:27 AM

Rodolfo Paiz
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p.1 #16 · Selling camera stuff on Paypal&^%$&%^$&^%$

This is all extremely educational. Thanks to you all for posting and sharing.

Sep 04, 2008 at 08:20 AM

ReyGay
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p.1 #17 · Selling camera stuff on Paypal&^%$&%^$&^%$

tomb18 wrote:
Well, I just sold my Nikon 35mm PC on paypal and guess what? Paypal now imposes a 21 day hold on the funds!!!! There are so many conditions to not have a hold, that unless you sell hundreds of items a week you're out of luck.
I now refuse to use paypal. Any other suggestions?

Soory to hear that but that's just how it is...I had sold stuff too and the restrictions didn't apply to me cuz my feedback was beyond 50

. But darn, I love Ebay too much

...it's too expensive here in NZ...

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Edited on Sep 04, 2008 at 08:50 AM

Sep 04, 2008 at 08:50 AM

Andre Labonte
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p.1 #18 · Selling camera stuff on Paypal&^%$&%^$&^%$

bubarker wrote:
PayPal will release the hold when the earliest of the following occurs: the buyer leaves positive feedback; 3 days after confirmed item delivery; or 21 days without a dispute, claim, chargeback, or reversal filed on that transaction. (PayPal said if a buyer leaves a negative feedback but does not initiate a dispute, PayPal would release the funds to the seller after 21 days.)

regards

Ah. now this extra detail makes a lot more sense.

Sep 04, 2008 at 04:11 PM

louis fusco
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p.1 #19 · Selling camera stuff on Paypal&^%$&%^$&^%$

crap, i've over an over 50 rating and a load of kit ending tomorrow. no way i'm posting it with out payment.

Sep 04, 2008 at 04:51 PM

w2hef
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p.1 #20 · Selling camera stuff on Paypal&^%$&%^$&^%$

google checkout and it's only 2%.

Sep 04, 2008 at 04:53 PM

paparazzinick
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p.1 #21 · Selling camera stuff on Paypal&^%$&%^$&^%$

about 3 years ago I had $8593 in my paypal account from sales. and they froze my account because they said they needed to verify who my supplier was and where I got the items from. I told them they are all camera items I purchsed my my photography business that I then sold to turn around and buy new items. They did not care and apparently did not understand me when I told them and they locked my account no matter hat I did to prove it was legit. I faxed them receipts of the items I purchased and they still didnt care.

So im all I lost 2 cameras, 5 lenses and 3 flashes. I would not have shipped the items if I would have known they were going to freeze my account. They froze it 5 days after the sale an I shipped the items.

I still to this day have not got my money from paypal and they will not let me in to my account.

Fuck paypal. I went google and never looked back.

Sep 04, 2008 at 06:34 PM

eddyboy
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p.1 #22 · Selling camera stuff on Paypal&^%$&%^$&^%$

My daughter works for ebay and she believes they are trying to become like an Amazon and less of a flea market. Leaves a pretty nice niche for somebody. Forcing customers to use PayPal without allowing alternatives will imho catastrophically affect their top line.

I (going forward) am considering selling only by personal check or money order /cashiers check. That keeps the buyer from holding you hostage by claiming some bogus defect, unilaterally forcing a refund (yes paypal can just take your money) and keeping your item. Imho eBay has become fatally flawed, and their growth rate is doomed. All the original founders are gone with their billions and they've left bean counters behind to run the business who are switching the business model to something they understand.

No way they can do as good a job as Amazon, either.

Edited on Sep 04, 2008 at 10:03 PM

Sep 04, 2008 at 10:02 PM

eddyboy
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p.1 #23 · Selling camera stuff on Paypal&^%$&%^$&^%$

I you want some entertaining reading, take a look at the user forum inside eBay.. Their current seller base is beyond pissed off. Since sellers can no longer leave negative feedback, the inmates have taken over the asylum. Ebay clearly wants all the mom and
pop sellers to take a hike.

What is the Google Option for selling stuff? Is is an auction or

Any links??

Thanks

Ed

Sep 04, 2008 at 10:17 PM

tomb18
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p.1 #24 · Selling camera stuff on Paypal&^%$&%^$&^%$

You can no longer leave negative feedback for a buyer

?
That's it...no more sales for me.

Sep 04, 2008 at 11:15 PM

Jack White
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p.1 #25 · Selling camera stuff on Paypal&^%$&%^$&^%$

What is the Google Option for selling stuff? Is is an auction or Any links??

Nothing major but I'm sure Microsoft and Google are getting ready to pounce on this market. Yahoo tried something years ago but never caught on. Ebay is still the best for getting things sold. Photography equipment is a slam dunk if you've built up a good reputation over the years. Trying to jump in now as a seller would definitely be tough as people are little more wary, money a little tighter, and scammers more savvy. Luckily the international buyers have picked up the slack with their stronger currency. I was able to sell two F5 to Canadians but never got anyone in the US or a forum to buy film SLRs. 99% of my sales are buy it now with immediate payment required and that seems to keep the scammers away.

zoetmb, craigslist is hit or miss. sometimes people follow-up but a lot of times nope. lots of flakes not even frosted

FM is still the best place for information/discussions and selling used personal equip.

Edited on Sep 04, 2008 at 11:25 PM

Sep 04, 2008 at 11:24 PM


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