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Question on Ebay.

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Old Mar 8, 2007 | 02:13 AM
  #11  
Choco's Avatar
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Default RE: Question on Ebay.

ORIGINAL: HummBob

ORIGINAL: Choco

So when I sell it for say $300

Put the $300 from my paypal(300 that i recieved from the highest bidder), and put it in my bank account

Once it succesfully has made it to my bank account, than give them the account?
Unfortunatley as the SELLER, you will have to pay a premium on using PayPal. Usually around 2.5%. So based on these figures, you'd get ROUGHLY $291 - $293 form a $300 payment.

Theoretically, once it's in your PayPal account, you can release the account to the BUYER as it takes a few days to transfer to your personal bank account, but you can do whatever makes you more comfortable!!
Yea than I give the account to the buyer, and he charge backs me, there goes my money.

So should I let the money go into my bank account, than give him the account.
 
Old Mar 8, 2007 | 03:03 AM
  #12  
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Joined: Feb 2006
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Default RE: Question on Ebay.

That's what I would do. Wait until the money goes into your bank account first and then sell him the account. You can't go wrong if you do it that way.
 
Old Mar 8, 2007 | 06:10 AM
  #13  
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Joined: May 2006
Posts: 16,711
Default RE: Question on Ebay.

ORIGINAL: Choco

ORIGINAL: HummBob

ORIGINAL: Choco

So when I sell it for say $300

Put the $300 from my paypal(300 that i recieved from the highest bidder), and put it in my bank account

Once it succesfully has made it to my bank account, than give them the account?
Unfortunatley as the SELLER, you will have to pay a premium on using PayPal. Usually around 2.5%. So based on these figures, you'd get ROUGHLY $291 - $293 form a $300 payment.

Theoretically, once it's in your PayPal account, you can release the account to the BUYER as it takes a few days to transfer to your personal bank account, but you can do whatever makes you more comfortable!!
Yea than I give the account to the buyer, and he charge backs me, there goes my money.

So should I let the money go into my bank account, than give him the account.
Yeah, I'd wait till you have the money IN YOUR ACCOUNT if your that worried about it, or maybe change the listing to NOT ACCEPT PayPal and have the seller send you a money order/cheque. Then only give him the account once said payment has cleared.
Again, it's YOUR product, do what makes you feel SECURE!!!
 
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