posted on January 25, 2002 07:10:16 AM
Does anyone use escroll? Wat to do when item goes over the $200 mark for gaurantee? what do you do when you have a very expensive, oneof a kind, item? If you gaurantee it, how do you now what is being sent back, in the case it would be? Are money orders always good? What sort of guarantee does a small seller offer?
posted on January 25, 2002 07:25:39 AM
how expensive is expensive??
there are some escrow services which will handle high ticket items?
you can call your local antique dealers and ask whom do they use?
posted on January 25, 2002 08:25:17 AM
If you're relatively inexperienced with online sales, I wouldn't try to auction off a $4000 item on eBay. Something in that price range may not even sell, as many experienced bidders are concerned about "newbie" sellers who don't know their stuff well, who may not be able to ship or pack a valuable item properly, etc.
No method of payment is absolutely foolproof, not even money orders (though they are relatively risk-free). And I've never seen a place that will issue a money order in the amount of $4000. For a sale that high, you should ask for guaranteed funds, such as a cashier's check or ETF.
Many people use one of those invisible "blacklight" pens to mark their merchandise and avoid the old switcheroo if the item is returned. You might try that, if your item can be safely marked. If it's something like an auto, it will already have serial numbers and so forth that make it one-of-a-kind.
Guarantees can be a problem. You need to be a bit more specific about what you are selling, so somebody who knows that field can advise you. I recently sold an $8000 auto on eBay for a relative, and had no problem with guarantees. I knew the car was driveable, I had about 50 photos of it, and the paperwork to back up its pedigree. But if you're selling, say, an antique rug, your buyer will want something else to prove its authenticity or an offer to return the item if it doesn't meet expectations. And that's where you can get into difficulties.
Be more specific about what you're thinking of selling, and you will get better help.
posted on January 25, 2002 08:34:32 AM
I have been on Ebay for 3 years, now and then, and have piled up over 350 positives. I have been watching this type item for some time. It is a chess set, so precludes the marking. I have researched it for a couple of years. Thanks.
posted on January 25, 2002 08:40:09 AM
Oh,yes...what is ETF. And I have sold a number of things in the $00 range, but never over $500. Have had only one thing break in the mail. Had a lot of trouble collecting the insurance.
posted on January 25, 2002 09:16:15 AM
electronic fund transfer/wire transfer is an alternative to cashier check,it is common when it involves overseas transaction.
if this is a domestic buyer,cashier check is better.
