8mm Forum: funds at the sellers end being held

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Posted by Jim Schrader (Member # 9) on May 30, 2016, 08:27 PM:

I recently made a purchase on ebay paid for it the seller is saying the funds are being held at his end, at my end it says its all paid for anybody know why this is?

Posted by Janice Glesser (Member # 2758) on May 30, 2016, 08:41 PM:

I'm going to take a guess Jim. The seller is probably new to Ebay. Ebay puts a hold on funds for usually 21 - 22 days. They want to make sure the items get shipped to the buyer. Often if the seller creates a shipping label and post tracking the money is released sooner.

Posted by Jim Schrader (Member # 9) on May 30, 2016, 09:57 PM:

That makes sense Janice he says he will ship this week I'll see what happens thanks. Btw he is a newbie with 22 feedback

Posted by Pasquale DAlessio (Member # 2052) on May 30, 2016, 10:12 PM:

With 22 FB he is a newbie. But as look as they are all + then should be no problem.

Posted by Osi Osgood (Member # 424) on May 31, 2016, 01:09 PM:

Some of these policies can be quite un-nerving for the seller. I once had a buyer who put a stipulation on his payment that only upon the films arriving would I be paid ...

Well hey, what if the person up and decided that they don't like the print and then just want to send it back? In other words, folks who just want to watch the print once or twice, get a convenient case of "buyers remorse" andf then, as if the ebay seller is a wal-mart' just bring the item back, more used and perhaps damaged, and just want they're money back?

Granted, these kind of "buyers" are most certainly the exception and not the rule, but annoying, just the same. I cancelled his transaction and just re-listed.

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