the collector Posted October 31, 2006 Author Report Posted October 31, 2006 Still no reply from the seller. Please guys could someone explain how escrow works? and what the fees are... Thanks
Blindman Posted October 31, 2006 Report Posted October 31, 2006 Allot of people don't like Paypal once they've had money removed from their account. Most people never really read the paypal agreement they agree to. See; http://paypalsucks.com/ I would send a check. It always leaves you the option to cancel it. With that many feedbacks I don't really think they're fly by nights.
the collector Posted October 31, 2006 Author Report Posted October 31, 2006 Ok i have three various options: 1. Escrow 2. International Postal Money Order 3 Sending a Cheque What do you guys think i should do out of these three options
rboehme Posted October 31, 2006 Report Posted October 31, 2006 Ok i have three various options: 1. Escrow 2. International Postal Money Order 3 Sending a Cheque What do you guys think i should do out of these three options Either #2 or #3, since those are the payment methods you agreed to when you bid on the auction.
mums-mums Posted October 31, 2006 Report Posted October 31, 2006 Do not look like fraud to me. There is a whole lot of volume sellers on EBay that do not accept Paypal due to the high fees - particularly for lower priced items. I sold a watch recently at $120. Paypal fee $5. If my situation was running a low margin business I probably would try to avoid this fee. Or - as some do - put a bit extra to the price to cover for fees. Anyway, as far as I read the Ebay rules you will be covered for up to $200 by Ebay in case of bogus. Check out http://pages.ebay.com/help/pay/payment.html#3 If fraud your risk seems to be around $250. Lots of money, but also lots less than $450.
the collector Posted November 1, 2006 Author Report Posted November 1, 2006 Do not look like fraud to me. There is a whole lot of volume sellers on EBay that do not accept Paypal due to the high fees - particularly for lower priced items. I sold a watch recently at $120. Paypal fee $5. If my situation was running a low margin business I probably would try to avoid this fee. Or - as some do - put a bit extra to the price to cover for fees. Anyway, as far as I read the Ebay rules you will be covered for up to $200 by Ebay in case of bogus. Check out http://pages.ebay.com/help/pay/payment.html#3 If fraud your risk seems to be around $250. Lots of money, but also lots less than $450. True true..... I am waiting for the seller to respond to my mail about payment methods... If he agrees then i will pay with escrow or postal money order, if not then i will just send the money via WU and hope for the best.....
nmbr6 Posted November 1, 2006 Report Posted November 1, 2006 It looks fine to me also. I've done a lot of buying and selling in my days also. I hate bidding on things that don't take paypal but you run into plenty of sellers who dont take it. You can get ripped off from paypal also. I would just sent a money order.
the collector Posted November 2, 2006 Author Report Posted November 2, 2006 Ok Finally i went for WU, lets see what happens....
Guest avitt Posted November 2, 2006 Report Posted November 2, 2006 I think you'll be happy - when you open up that case and see that sparkling movement - knowing you bought it at half the market value.
Chronus Posted November 2, 2006 Report Posted November 2, 2006 Option 2 sounded good, if the US Postal Inspectors investigate fraud... Good luck!
Watchwatcher Posted November 3, 2006 Report Posted November 3, 2006 Collector, I also just bot a watch from a foreign seller who does not accept ebay. He had been around for several years, but only 12 transactions. I think that because he did not accept paypal, the bidding was pretty light for his watch, which I picked up at maybe a 25%-30% discount to what they usually go for. I asked him to write his name and date on a note and take a pic of the watch with the note, which he did quickly and without hassle. I was also able to track him down and verify his address using a foreign online phone directory. Finally, I used google satellite map to verify that his address wasn't a parking lot. I sent a postal money order, which can be traced. Now it is a matter of waiting and seeing if i got scammed or not. Good luck on your purchase.
the collector Posted January 6, 2007 Author Report Posted January 6, 2007 I received the watch two days ago, and the movement is mint, a real beauty...It looks brand new!! Thanks to all of you guys for your advice, it is highly appreciated.
sammalone Posted January 7, 2007 Report Posted January 7, 2007 Seller looks good to me, I can't blame him for paypal, paypal can really suck sometimes for no logical reason.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now