Dec 102010
 
Sob Story Excuse

The holidays are a very busy and exciting time. A time where many people flood stores, spend money, buy gifts, etc etc. This is also a time when MANY people make some extra money if they plan the holidays right. If someone gets the hottest toy or latest gagdet, and it sells out, they can be making some decent extra cash on ebay or craigslist.

I have been buying and selling vintage toys, collectibles, silver coins, action figures, electronics, and more. I have picked up on many trends and have a good grasp on what to buy, when to buy it, and how much extra money I can make from it.

One of the most annoying things that ALWAYS happens to me around the holidays is people buying things and NOT paying for them. This happens to me at least 20 times a year (if not more) and I know it happens to millions of people each day.

I recently sold 2 items on ebay – 1 for $100 and another for $250+. It was a good sale and I sent out an invoice to the winning buyer only to get the dreaded email back…. if you are a seller then you know EXACTLY what I am talking about…

The last email I got said

    ” Oh, I am very sorry, my 3 year old daughter accidentally logged into my ebay account and purchased this item. I am very sorry about this and cannot buy it from you.”

ARE YOU KIDING ME? I thought to myself – Your 3 year old logged into ebay and bought MY item? Obviously this is a case of buyers remorse. People will like your auction, get an impulse and buy something. This happens ALL the time and it NEEDS to stop. Not only is this a waste of time for the seller, but it also takes forever for ebay to refund your fees. It takes a minimum of 8 business for your final value fee to be refunded.<

If you are a buyer – PLEASE PLEASE follow these steps

  • Set up a budget for what you can afford
  • Think before you buy
  • If you buy something PAY FOR IT!

Do me and every other online seller a favor (not only ebay, but this applies to any site) Do NOT pay for items you cannot afford to buy and then send the seller a sob story – which is a pathetic sorry excuse for you being “less than intelligent”

 Posted by at 8:47 AM  Tagged with:

  One Response to “Spare Me Your Sob Story”

  1. Great advice, thank you.

    Perhaps I can just add to this that the best way I know to guard against being ripped off by online sales or auctions of any kind, Craigslist and eBay included—and whether seller or buyer—is to use a *bona fide* online escrow company. Especially for pricier items like antiques, jewelry and autos. Although it does add some cost, it takes the uncertainty out of the transaction, and that’s a small price to pay for peace of mind.

    For my money, the best bona fide online escrow (and there seems to be ten fraudulent escrow sites for every bona fide one) is probably Escrow.com (http://escrow.com). In fact, it’s the only one that eBay recommends, and is the only online escrow company that is licensed to provide escrow services all across the United States.

    PS. For more information about avoiding online scams and frauds, go to Online Escrow at WordPress.com (http://onlineescrow.wordpress.com/)

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