twalker294
Mu-43 Top Veteran
- Joined
- Aug 18, 2010
- Messages
- 545
OK, so a bit of a rant here.
I put both my Canon G9 and SX20 on Ebay in order to partially fund my EPL1 kit and 20/1.7. The rest of the money is coming from a bonus I am getting from work next Friday. So my plan was to sell the Canons, then use that money to buy the EPL1 and 14-42. Then once my bonus comes, order the 20/1.7 and maybe the EVF.
So both of my auctions ended this afternoon and I was VERY happy with what I got for the two cameras. One of my buyers paid for her purchase this evening and I got the email notification from Paypal.
Now, I've not used Ebay for anything, be it buying or selling, in quite a while -- well over a year. But apparently now if your transaction fits certain criteria such as an inactive seller (which I am,) high risk category such as consumer electronics (yep that one fits too,) or a few other things, Paypal will hold your money for 21 days OR until 3 days after delivery of the item, OR until the seller gives you positive feedback on Ebay.
Now if I am a buyer, this is great. I get to make sure everything is on the up and up and the seller doesn't get his money until I have had a chance to verify that all is well. If I file a complaint, the seller doesn't get paid until it is resolved.
However if I am a seller, this completely sucks. I have now sold two cameras for a total of $634 and Paypal isn't letting me have MY MONEY. I am also now in a position where I have to ship merchandise that I've not received the money for yet. Well Paypal has it you might say. I've got news for you -- I trust a stranger on the internet a heck of a lot more than I trust Paypal that's for sure.
So, let's say I ship the cameras tomorrow (which is my plan,) and they are received by the buyers on Monday. In order for Paypal to verify delivery I have to enter the tracking numbers on Ebay. They will then wait an additional 3 days before releasing my money just to make sure the seller doesn't have any complaints. So, best case scenario, I will have access to MY MONEY next Thursday or Friday.
I guess the silver lining is that I'll be able to order the camera and the 20/1.7 at the same time and save on the extra shipping cost.
I think this will be my last Ebay deal. Paypal/Ebay has just gotten too heavy handed and monopolistic with their rules.
Anyway, end of rant. I just wanted to share my tale of woe
I put both my Canon G9 and SX20 on Ebay in order to partially fund my EPL1 kit and 20/1.7. The rest of the money is coming from a bonus I am getting from work next Friday. So my plan was to sell the Canons, then use that money to buy the EPL1 and 14-42. Then once my bonus comes, order the 20/1.7 and maybe the EVF.
So both of my auctions ended this afternoon and I was VERY happy with what I got for the two cameras. One of my buyers paid for her purchase this evening and I got the email notification from Paypal.
Now, I've not used Ebay for anything, be it buying or selling, in quite a while -- well over a year. But apparently now if your transaction fits certain criteria such as an inactive seller (which I am,) high risk category such as consumer electronics (yep that one fits too,) or a few other things, Paypal will hold your money for 21 days OR until 3 days after delivery of the item, OR until the seller gives you positive feedback on Ebay.
Now if I am a buyer, this is great. I get to make sure everything is on the up and up and the seller doesn't get his money until I have had a chance to verify that all is well. If I file a complaint, the seller doesn't get paid until it is resolved.
However if I am a seller, this completely sucks. I have now sold two cameras for a total of $634 and Paypal isn't letting me have MY MONEY. I am also now in a position where I have to ship merchandise that I've not received the money for yet. Well Paypal has it you might say. I've got news for you -- I trust a stranger on the internet a heck of a lot more than I trust Paypal that's for sure.
So, let's say I ship the cameras tomorrow (which is my plan,) and they are received by the buyers on Monday. In order for Paypal to verify delivery I have to enter the tracking numbers on Ebay. They will then wait an additional 3 days before releasing my money just to make sure the seller doesn't have any complaints. So, best case scenario, I will have access to MY MONEY next Thursday or Friday.
I guess the silver lining is that I'll be able to order the camera and the 20/1.7 at the same time and save on the extra shipping cost.
I think this will be my last Ebay deal. Paypal/Ebay has just gotten too heavy handed and monopolistic with their rules.
Anyway, end of rant. I just wanted to share my tale of woe
