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why are sellers to be trusted, but buyers are not?

We buy and sell on sites like this so there is an exchange of 2 things that  have  an agreed upon equal value

  1. the item being sold from a seller
  2. money from a buyer

in all cases, the seller must be trusted to send the item as described, but the buyer is not trusted to send the money. And more and more, sellers are insisting to be paid in ways that have no recourse for the buyer, like PayPal F&F, Venmo, etc.

The item and the money are of equal value.. so why is one party to be trusted and the other is not? Why does the seller always insist on waiting to get paid before they ship? Why doesn’t the buyer insisting on getting the item before they will pay for it?

I have hundreds of perfect feedback going back over 20 years  on multiple platforms, but the seller always insists I pay them first even if they have much, much less feedback. Why should I trust them if they don't trust me?

just curious

 

 

herman
ibmjunkman's avatar
ibmjunkman
294 posts
 

@goodlistening64 needs to spend some time on the Reddit subs for USPS, UPS and FedEx. Tracking showing item traversing the USA a few times, disappearing into a black hole of a distribution center and people saying they watched the truck drive by and somehow the item was marked delivered. 

tuberist
1,002 posts
 

I only use USAM. I will not sell or buy from anyone with no feedback or very little feedback. No Zelle or PayPal for me. I don’t want my financials exposed.

mitch2
4,731 posts
 

@tuberist - An approach to financials and PayPal that works well for me is to link an entirely separate bank account, at an institution that is different from where you bank for everything else, and then sign up for their PayPal credit card, but only use it for PayPal purchases.You now have the required linked bank account and credit card but you have created your own isolated PayPal ecosystem that is isolated from your other financials. 

mulveling's avatar
mulveling
2,448 posts
 

I guess at some level this is an "elasticity of supply/demand" thing. As a frequent buyer & seller, if I woke up tomorrow into a world that operated on "payment after receipt" - then looking around here, my answer for that is "I’m just not gonna sell anything online...EVER". That’s a low elasticity :) 

By the numbers, buyers have been more willing to put up the risk of "money up front", than sellers have been willing to eat "payment after receipt".

milpai's avatar
milpai
2,662 posts
 

So, still a perfect rebuttal. I also bought a car that I only paid for 2 days after I drove it off the lot.

D-uh. You were present at the dealership and did the paperwork including your driver license, SSN and credit history. Please use common sense while responding.

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