Hate ebay/heypal fees and new procedure

[Ahbroody]

Sorry I just wanted to vent.
Need to sell a pair of extra hockey skates so I posted them up on ebay. Well they sold for 230 plus shipping. Ebay fees were like 16.00 heypal hits me for another 7.00. Yup 10% It just seems high to me. There has got to be a limit on this I am guessing but failed to research cant see paying 230 to sell something for 2300.

Then heypal has a new practice to protect the buyer errrr make money on intrest. They now are holding all funds in their accounts for sellers who have less than 100 transactions till the buyer leaves you positive feedback or 3 weeks pass with no negative feedback. I sell and buy occasional items on ebay and have for like 5 years and still dont have 100 transactions. Well I do but sometimes people dont leave feedback either way. I am guilty of this also. I imagine the majority of users are like me. There has got to be 100s of thousands of persons that they are doing this to. So basically as packages often take 5-7 days to get there, they hold the money likely in a large account making additional money off the intrest as at any given time I imagine there is a fairly large amount of money in the account.

Again sorry for the rant. I guess I will sell more stuff on craigslist and try to find a ****** alternative. BamBam sends my money uspsit seems to work good and is cheap :D

[Nabinger16]

The way ebay triple dips into its sellers always burned my ass! They hit you when you list, they hit you when you sell, and then they freaken hit you when you receive payment through P P!

It's a great deal for them cause someone is making millions! Hell I saw a decommissioned aircraft carrier on ebay that sold for 12+million. I'm sure they negotiated the terms of the sale prior to listing it, but I have no doubt they still made a huge chunk of change just for the use of a tiny bit of bandwidth.

[SeanGAR]

I have not liked using ebay in years since they started screwing people over with fees. They used to be cheap .. not any more. But the other options I have seen suck.

[WildBlueSooner]

I have not liked using ebay in years since they started screwing people over with fees. They used to be cheap .. not any more. But the other options I have seen suck.

Yeah ebay is the only decent option out there, that is what allows them to charge such high fees. Eventually a good competitor will come around, just ask ticketmaster.

[lightning9191]

The last time I sold something on ebay was almost 4 years ago now......I've been using craigslist since I've moved or just take things to the thrift store because a lot of times it's not worth the hassle.

[marge796]

I agree **** them!

:fl :fl :fl

[WildBlueSooner]

I agree **** them!

:fl :fl :fl

:tpd: but I still use them! :bh

[Ahbroody]

It just pisses me off that ontop of the 10% combined fees they are now holding funds. You know damn well they are earning intrest on that money as well. You got to imagine that at any given time the amount of money in the account is substantial.

As someone who had an issue with a seller in the past this BS of protecting the consumer is just that BS.

[Cigary]

I hear ya Pal,,,( sorry, couldn't resist ) I quit dealing with these two organizations along time ago because of their fees. I will buy items,,I just dont sell on them. I use other means by which to sell items and now that place is getting just as crooked because I now have over $450,000 in worthless Nigerian checks from people who want to tell me their life story when all I wanted to do was sell some items. I have to read how their uncle or wife or brothers sisters mother needs this item and they will send me double the worth of this if I will just send it to another address,,,blah blah blah.

[ChasDen]

I was a full time seller on eBay before it became huge. I sold thousands of items a week and hated the fees back then before they started screwing the sellers. The problem is they offer a captive audience that numbers in the millions worldwide. If you need to move product, build the fees into the selling price and list away. There are thousands of sellers out there doing it every day and as long as they do eBay will continue their fee pillaging.

I never heard of them holing your funds though,
that takes it to the next level :jd

Chas

[icehog3]

You can put an ad in your local paper cheap, and wait 6 months to sell your item. ;)

Like Sean said, fees are rough, but what's the alternative?

[BamBam]

You can put an ad in your local paper cheap, and wait 6 months to sell your item. ;)

Like Sean said, fees are rough, but what's the alternative?

I have always had success (both buying and selling) on craigslist. Best part, no fees:tu

[hotreds]

Bottom line, their competition is almost non-existent. E-Pier gets next to no traffic(if it even exists anymore) and the few other places likewise. there was some hope that Microsoft and/or Amazon were going to partner up to create a similar site. That would be wonderful! Ebay has gotten way too big for their britches, they can delist your item and you have no recourse- they can do anything you want and you have nowhere else to go. Craigslist I understand is mostly local and frought with rip off artists. I think one thing Ebay has done with some success is weed out those types of people.

Yeah, I could go on and on myself as a massive user- like Chuck it was mostly in years gone by b4 they got really anal about stuff.

[Ahbroody]

I use craigslist, but thankfully as a police officer I carry a gun. Craigslist main issue which has been exploited is the meeting requirement. In the bay area there was a rash of robberys that occurred by people setting up meetings and then taking there money.

Just wish Ebay would stop hosing people. They figured out they are the only real game in town and are fisting people

[ucla695]

That's ridiculous, but it's easy to move things on Ebay.

[RGD.]

I haven't sold anything on Ebay yet. I do purchase though. My problem with it all - and seems now to go along with the new procedure of holding money - is the whole feedback deal.

I constantly get a notice that the seller will leave feedback once they get feedback. Guess what - not gonna happen. As a buyer - once I pay for the item - my job is done. The seller at this point can/should leave feedback - not wait for me. Therefore I only leave feedback for those that leave it first.

When I first started buying - I did leave feedback - only to never get any from the person that I bought from. Not any more.

So according to what has been posted - the people I buy from that don't leave feedback after I pay - are not going to see there money for awhile.


Ron

[Nabinger16]

As a buyer - once I pay for the item - my job is done. The seller at this point can/should leave feedback - not wait for me.

Ron... You and I are on the same feaken wave length Brother! If I pay someone within 30 seconds of the auction closing, I should get positive feedback! It's then up to the seller to earn his positive feedback.

Even when I was selling a few sticks on CS I always left feedback right away for the buyer when I received payment. To me that is only right.

The only reason I feel sellers with hold feed back is so they can leave retaliatory negative if that's what they end up earning.

[ChasDen]

Been on both sides of this unfortunately.

As a rule now, I leave feedback once item has been shipped not once payment has been received. Only because I have a ritual where I notify the buyer, leave feedback and mark the books as shipped.

Chas

[acarr]

Their fees do seem high but look at the prices that some of real auction companies charge. 10% to the buyer and 15% to the seller.

[RGD.]

Been on both sides of this unfortunately.

As a rule now, I leave feedback once item has been shipped not once payment has been received. Only because I have a ritual where I notify the buyer, leave feedback and mark the books as shipped.

Chas

And that's fine with me - wish everyone did it that way. First week of March I purchased parts for my daughters Explorer from 5 different vendors. Only one of them left feedback for me. My number of feedbacks should be close to 100 - it's not, due to the almost 30 some people who expect me to leave feed back first. Oh well.

Ron

[Ahbroody]

so today 2 days aftr positive feedback was left on the item they were still holding the funds. I literally had to call them/ er the guy in the India call center and have them review the account. 15 minutes on the phone to get them to release the funds they were already supposed to have done. Just one more little slap in the face.

So all you guys with under 100 feedback beware. When you sell on Ebay and use ****** these days dont expect to get your money immediately. You also may have to call in and demand your funds released as they are violating there own policy. Good times.

On the upside I now have the funds to order me and Bam a box of Por Larranaga sticks. Only delayed the order a few days :(

[WildBlueSooner]

so today 2 days aftr positive feedback was left on the item they were still holding the funds. I literally had to call them/ er the guy in the India call center and have them review the account. 15 minutes on the phone to get them to release the funds they were already supposed to have done. Just one more little slap in the face.

So all you guys with under 100 feedback beware. When you sell on Ebay and use ****** these days dont expect to get your money immediately. You also may have to call in and demand your funds released as they are violating there own policy. Good times.

On the upside I now have the funds to order me and Bam a box of Por Larranaga sticks. Only delayed the order a few days :(

What a crock of ****! http://dontdatethatdude.files.wordpress.com/2007/10/smellslikebullshit2.jpg

[Ahbroody]

omg. I think they found a new way to get more money.
So before it seemed like you paid about 7% or it seemed to be what I paid when I listed. Today I got this

" We're writing with some exciting news about eBay fees. Starting June 16:
Every 30 days, your first 5 Auction-style listings will have NO Insertion Fees when you list with eBay's Sell Your Item form or Simple listing form--regardless of your start price.

The first 5 listings with no Insertion Fees will have a Final Value Fee of 8.75% of the sales price or $20, whichever is lower. Additional items sold during the same 30-day period will have the same Insertion Fees and Final Value Fees as they do today."

So they make it sound like they are giving you a deal but in the end now they are charging you almost 9% of the purchase price. Then you add in the 3% from heygal and you are now paying 12% for most average sales.

[kzm007]

I sell on Amazon. Made like $536 bucks in two weeks, Amazon takes a small commission fee, and credits you the shipping costs even - doesn't completely cover things it seems, but it's a nice gesture.

After paying to ship 30 or so different products, I found I paid $100 out of pocket for excess shipping costs not credited - some things weigh more, yadda yadda.

The money goes directly into your checking account and is sent there every two weeks, or sooner if you request it yourself. No credit cards are used, and you verify your seller account via an automated five-second phone call.

I'm 19, in college, and many of these items wouldn't get sold otherwise. I go into this not intending to get rich, so it's like a yard sale without having to fuss with tables and all that. I may take a loss, but at least things are out of the house.

You can get free Priority boxes from the post office even, if I recall.

No need to bother with photos, page displays, or Papal. Just describe your item as accurately as you feel necessary and wait. The items stay in your seller inventory until you sell them, or up to 60 days, where the listing closes. You can always relist, I've never had to wait so far.

So yes, I'm very pleased with Amazon. It may not be 'perfect' but it sure isn't eBay! :tu