WTF--and I thought selling on eBay couldn't get any worse...

[mink31]

So I recently sold an item on eBay and the buyer paid via PayPal. I went to withdraw the money to my bank account and noticed that the payment is "pending."

This is what it says:

We're holding the funds for 1 payment that you've received for items sold on eBay.

The total amount on hold in your account is: $152.63 USD

PayPal and eBay are working together to make payments for eBay items even safer. Because we want both buyers and sellers to feel confident about sending and receiving payments through PayPal, we may temporarily hold payments for items sold on eBay.

Make sure to ship the item right away, so you'll have access to the funds sooner. We'll release the hold in 21 days unless you receive a dispute, claim, chargeback, or reversal on the transaction subject to the hold. We may release the hold earlier if either of the following occurs:

* The buyer leaves you positive feedback on eBay.
* We confirm that the item was delivered.* We can confirm delivery if you ship the item with USPS, FedEx, or UPS and either use PayPal shipping labels or upload tracking information from the transaction details page. This applies to transactions within the United States.

Additional hold period

If you receive a dispute, claim, chargeback, or reversal on the transaction subject to the hold, we may hold the payment until the problem is resolved.

Learn more about the PayPal policy for payments holds on eBay items.

* This applies to US domestic transactions that are shipped by USPS, FedEx, or UPS and either (i) use PayPal shipping labels to ship items or (ii) provide tracking information to PayPal.

Is this a new policy? What a slap in the face of sellers (and they even dare to call it 'seller protection')! What if I'd like sale handled like every other paypal transaction (with immediate payment to my account)?

And what's with this ridiculous positive feedback criteria?

Now I guess I just cross my fingers and wait. Good thing I don't need this cash to pay the bills...

 

[sho'nuff]

??

this is what i say to the paypal/ebay entity **** YOU

im sorry man. im really sorry. but that is the only time i curse.

 

[sho'nuff]

Make sure to ship the item right away, so you'll have access to the funds sooner. We'll release the hold in 21 days unless you receive a dispute, claim, chargeback, or reversal on the transaction subject to the hold. We may release the hold earlier if either of the following occurs:

* The buyer leaves you positive feedback on eBay.
* We confirm that the item was delivered.* We can confirm delivery if you ship the item with USPS, FedEx, or UPS and either use PayPal shipping labels or upload tracking information from the transaction details page. This applies to transactions within the United States.

ok so let say you sold a pair of lobbs for 700 to a guy outside internationally.

this guy never leaves feedback.
(which is very typical)

so you ll never have access to the money?????????????????????????????????????????????

 

[DNW]

n/m, they apparently do this to newb sellers or certain high risk categories of goods.

 

[sho'nuff]

if this is their new policy, there will be a CONSIDERABLE dropoff in people who want to sell big ticket items on ebay.

lot of us need access to that cash fast, thus the ebay last resort. if this prevents them from getting to their money, this will only come crashing down on themselves (paypal/ebay that is)

 

[sho'nuff]

Originally Posted by DarkNWorn

n/m, they apparently do this to newb sellers or certain high risk categories of goods.

are you sure? ok . i feel better.

 

[mink31]

Originally Posted by DarkNWorn

n/m, they apparently do this to newb sellers or certain high risk categories of goods.

Yeah, how do you know this?

My feedback score is 54 and 100% positive. The item in question was a laptop.

Although a buyer did file a non-receipt dispute against me a few months ago--possible scammer. (Thank God he bought insurance.)