Paying time frame


What do you guys feel is a reasonable time frame to expect someone to pay for a purchase? I know audiogon says contact should be made within 72 hours and payment within 5 days but this seems extreme to me. I generally pay within 24 hours of making a deal. It just seems crazy to me to keep a seller waiting... For what, you already agree'd to buy now pay. What's your thoughts?
harri009

Showing 1 response by poets

Harri009,
My thoughts are like yours, but sometimes a person may be in a situation that delays their being able to make immediate payment and that is were the grace period comes in to play.
I usually pay immediately if it is a purchase now, if bidding on a listing I pay shortly after the bidding has closed.