Buyers are best to stick to PayPal payments. Sellers should use PayPal but not release the goods to the Buyer until the funds are fully cleared, e. g. 30 days plus. The fact PayPal puts a hold on funds going to the seller is the biggest hang up with PayPal transactions. Better yet, terms of cash on pickup, with demo of goods is the safest way.
Audiogon sellers, please stop and read this thread
I had a couple listings last week and I received one e-mail from a potential buyer to instruct me to contact him via his private e-mail right away.
I was offered to be paid by Cashier Check rather than Paypal.
I accepted the term that the buyer would have his "agent" to pick up the units for sale. In term, I told the buyer I would only accept the Cashier Check from major banks.
Yesterday, I received an e-mail from the buyer instructing me to deposit the Cashier Check one I receive it BUT since the Cashier Check was made by his "financier" for more than the sale price, the buyer wanted me to cash out the difference and send a Moneygram to his "agent" so his" agent" can pick up the merchandise and the buyer thanked me for my " corporation".
I demand to know if the Cashier Check was made from major banks or not and how much is the difference between the sale price and the amount of the Cashier Check. I have not heard a response from him since then.
What's up? Was I born yesterday or is it a case of innocence
'till proven guilty?
I was offered to be paid by Cashier Check rather than Paypal.
I accepted the term that the buyer would have his "agent" to pick up the units for sale. In term, I told the buyer I would only accept the Cashier Check from major banks.
Yesterday, I received an e-mail from the buyer instructing me to deposit the Cashier Check one I receive it BUT since the Cashier Check was made by his "financier" for more than the sale price, the buyer wanted me to cash out the difference and send a Moneygram to his "agent" so his" agent" can pick up the merchandise and the buyer thanked me for my " corporation".
I demand to know if the Cashier Check was made from major banks or not and how much is the difference between the sale price and the amount of the Cashier Check. I have not heard a response from him since then.
What's up? Was I born yesterday or is it a case of innocence
'till proven guilty?