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A Paypal Offer - Is This Secure?

Hi All,

I am selling a CAT amplifier and have a paypal offer from a buyer who has very little feedback (only one transaction) and does not speak english well and communicates only small bits of information at a time. I am nervous about this. I spoke with paypal and they told me that as long as:

1) I am selling something of substance
2) I ship to the paypal address, no other address
3) I can document the shipping of the product

I am protected as a seller. If this is true, I should be able to accept his offer and make sure that I am shipping to the address listed in paypal, and I should be fine shipping pilot air insured (with tracking and all, including photos of packing, etc). What do you guys think? Is this too much of a risk, or not really a risk at all?
peter_s

Showing 1 response by stereo5

stereo5's avatar
stereo5
6,251 posts
 
I have done 65 transactions here on Audiogon and all involved PayPal. 50% of my transactions were as a seller and the other 50% transaction's were as a buyer. I never once had a problem. In every case where I sold something, as soon as the funds cleared, I used my PayPal debit card at a local atm machine and withdrew all the funds immediately before shipping the item.

I find PayPal to be hassle free and it is the only way I want to be paid when selling something. It is also the only way I will pay for something when I am buying.
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