I contacted them and they talked about buyer protection and if buyer is happy and tracking provided it can be e quicker.
I had messaged the buyer soon as they purchased to discuss how they’d like it packed and sent. I sent pics of it packed and posted following morning with full insurance and tracking. It cost me £30 in postage more than I charged which I covered.
It arrived the next day and buyer quickly gave positive feedback and was marked as received.
I still have to wait 30 days for my payment even though I want above and beyond what they are asking.
I sold my Octatrack a few weeks ago and have to wait 1 month because it was over a certain threshold and I’ve not sold items of that value there before.
That’s annoying, 48hrs and then getting the whole amount is pretty chill.
What they seem to be forgetting is that sellers also have their own personal terms for how they do business. It is deeply ingrained in me that I don’t let goods leave my possession until I have the cash in my hand.
Can you imagine selling stuff locally and agreeing with total strangers that they can take the goods and come back with the cash in 30 days time.
I stopped using EBay when they started requiring social security numbers. I can’t convince myself that it is worth it to trust this company with my social security info.
So say I sell a Rytm £1000 post it off gets delivered buyer says it’s not as described broken etc buyer returns the parcel nothing in the box its empty
Now I’ve got no money no item at least when u got paid before you sent it out u could refuse to refund ebay etc but with the new system I can see loads of sellers losing out big time
Seems to me this will only benefit ebay and the scam buyers
I doubt sellers will lose any protections. Surely ebay has buyer and seller guarantees, especially with established users.
I’ve never needed to provide a social security number either, maybe a USA thing?
I sold something recently for £700, I saw £700 in my ebay account shortly after providing tracking information. I didn’t try to withdraw it straight away though. I think I left it there for around a week as I was l looking for something else, but as soon as I tried to withdraw it, it was there in my account straight away. In prior times, I typically would see an amount from the sale, less ebay’s selling fee charges in my bank account sometime after providing tracking info.
Upside should be sellers getting off their butts and shipping the product quickly with a quick delivery method and tracking information and getting the full amount from their sales.
Downside is that I probably won’t allow potential buyers to collect now, which is no real hardship to me as i think it’s only happened once that somebody chose that method and can be an inconvenience.
And, what is the alternative to ebay, in the UK at least?
I’m pretty sure the delayed payouts (which are already in place for higher value items), are just a way for them to shove the cash into a money market fund and make a few basis points before paying you out.
Not really a security thing for established accounts, even reverb doesn’t do it.
This is a form of escrow, in the history of auctions, it’s a normal thing to build trust between buyer and seller. Normally auction houses charge a fee for escrow services, while eBay will undoubtedly benefit from having more cash in their accounts (I doubt it’s for earning interest, but it will definitely help with finances), it could be a lot worse, they could be charging us a % for the mandatory service.
It definitely feels uncomfortable when you’re used to a model where you don’t ship until you have proof of funds, but eBay still manages to facilitate you selling items for way lower cost than normal auction houses and maintaining an acceptable level of protection for both buyer and seller.
Based on experience, these auction sites getting rid of human support staff and moving to shitty AI moderation is a massive loss of protections, but the counterparty risk is from Reverb/eBay and not the buyer
We’re not selling on Sotheby’s, we’re “competing” with companies prior to enshittification, and after whatever capital management portfolios took up a ton of debt to run the companies on life support.
This was never a real option to begin with.
Not having the money earlier sucks, but if you’re trying to proactively defraud the payment that got reversed they’ll file the unpaid debt on your credit report.
Damn. I’ve been using eBay since the late 90s and have had a whole lot of “this is the last straw! I’m out!” moments but keep coming back because of the lack of a good alternative. This feels like another one of those moments but we’ll see. I guess I should try to do a ton of selling before this policy goes into effect in February.
In all my recent experiences with ebay, only about 1 in 10 sellers actually deserves positive feedback. In some instances leaving no feedback is doing them a favor.
There’s probably just as many crap buyers as there are sellers, ebay does seem to attract both.
I always leave feedback if the transaction is smooth though, that’s how we did it back in the day. I still stick to the code.
I’ve had maybe three or four bad experiences with sellers on eBay and bad experiences with at least 20% of buyers, maybe more. It seems like people only buy on there because it’s so easy to scam the sellers, and that’s in the unusual situation that they ever actually pay for the items they’ve won.
