valerie47
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posted on October 10, 2000 06:11:34 PM
I just came across a feedback that said something on the lines that "after 7 days seller charged a $10 late fee". I went to the auction and this seller did charge a late fee. I just did a search on ebay for "late fees" and almost a thousand auctions came up.
What do you all think about charging late fees to the customers? I've seen some that charge up to $20.
I personally think if the customers aren't going to pay in about 14 days there is no chance you could get them to pay a late fee on top of the bid!
____________________________________
The only place you'll find success before work is in the dictionary.
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kathyg
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posted on October 10, 2000 06:19:34 PM
I agree that it would be next to impossible to get a late fee from a slow payer.
Utility and credit card companies can get away with this because they can cut you off. But for an eBay seller -bad kharma to even try.
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Meya
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posted on October 10, 2000 06:23:20 PM
I suppose it's sort of a "Mind Game". It may prompt some buyers to pay quickly, but I'll bet not many. My experience has been if a buyer is going to pay you, they pay easily within 7-10 days.
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breezeb
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posted on October 10, 2000 06:29:32 PM
Boy, if a seller mentioned charging a "late fee" in their TOS, I'd hit the back key as fast as possible.
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twelvepole
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posted on October 10, 2000 06:41:48 PM
WOW, That is amazing. I am afraid I too wouldn't even bother bidding. And I damn sure wouldn't pay any late fee...
Ain't Life Grand... 
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outoftheblue
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posted on October 10, 2000 11:38:41 PM
valerie47
The only way they could enforce this is to say if you still want the item you have to pay $xx.xx late fee. The problem is that if someone is slow paying they probably don't really want it in the first place.
This is standard practice for the braindead ebay seller's club.
[ edited by outoftheblue on Oct 10, 2000 11:39 PM ]
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uaru
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posted on October 11, 2000 12:04:59 AM
It would cut down on the amount of buyers that send late payments. Now all you have to do is deal with an increase in the number of deadbeat bidders though.
I guess if the check arrives a day late they deposit it and hold the item as hostage demanding the late fees, right? I'll bet that generates some interesting email.
Now I've got to do a search and see the auctions for these sellers that studied marketing under Ghengis Khan.
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number47
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posted on October 11, 2000 01:50:45 AM
Sounds like a bid-killer to me. I don't see how this is an incentive for a prompt payment. If, for some reason, my MO gets there a day late, they want another $10 from me before they ship? Nope. I also think this just opens up a lot of potential acrimony between bidder and seller. Best to just state that payment must be received in 10 days (and cut some slack) or the auction is void.
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thedewey
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posted on October 11, 2000 02:07:08 AM
No way I'd ask for a late fee. I don't even give a definite "deadline" for payment. All I say is that "your prompt payment is appreciated".
The reason for this is, from what I've seen from selling for over 2 years, people either pay promptly (within 2 weeks), or they don't pay at all. There have been VERY few "in betweens".
Interestingly, ALL FOUR bad checks I've received were from late payers. Three finally paid up, one didn't.
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toolhound
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posted on October 11, 2000 03:37:51 AM
I do not blame sellers for adding late charges. Most businesses do why not Ebay sellers.
There are more excuses for late payments and deadbeat bidders than ever.
You have to do something to try to protect yourself.
The feedback system is not working.
Most sellers are afraid to leave a negative for non payment.
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macandjan
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posted on October 11, 2000 03:50:30 AM
These are people who think that if somebody's Mother did not raise them well they are going to teach them discipline in mid-life. They must have to go to the hospital for surgery when most of us would just go to the bathroom.
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