What the?

[hosman321]

I just sold an item on ebay, I think it's like my 13th sale. But this time, paypal tells me that until I establish a good sales record, my funds from sales will be withheld for 21 days. What's that all about? It's never put a hold on money I have received. It's a bit irritating because I already went through a big hassle with the winning bidder not paying for weeks. Gave it to the next bidder and now I still can't have the money for a few weeks. Grrrr. I have 100 percent and 5 stars on everything.

[ironlord1963]

    Yea I got a notice some months back about paypal was going to start doing this, if you have under 100 sales in the past year, they will be putting a hold on the funds before you can withdraw, It would seem that many would pull their money before even the item was shipped or something like that.  I don't remember all the details on this, I just kind of ignored it because I usually leave my money in it for a while and have over 100 sales.  I can see this being a bit of a bummer esp. 21 days sure seems like a long time to wait.

[hosman321]

Yeah, especially since I don't have a working printer so I can't really print a shipping label with paypal. I used to transfer all the money to my bank and then just pay with our card at the post office. I guess they got tired of issuing refunds so they hold it in case something goes wrong? I think it's stupid. 

[rockandrollrods]

eBay started digging their own grave when they bought PayPal and raised the fees.

[hosman321]

I'm really getting tired of ebay, I think I'm gonna go back to selling on Craigslist. I get sick of people flaking out on me on CL but I think I would rather deal with flakes than high ebay fees, rules, regulations and headaches. 

[ironlord1963]

    Yea in many ways I would agree with the issues of selling on Ebay, and would if I could find a better source, I have tried a few, and have thought about Esty since they added a vintage and Antique catagory, but I know three people personnally who sell there and they do O.K., but still not compared to the sales of Ebay.  I have learned to know the rules and fees and keep that in mind when I price and sell there.  Like the fees are easily absorbed into the sale, but all the other rules, well just know what they are and be a hard and firm seller, not always easy, but Ebay I can still make a $200.00 in profit a week, and yes I would like more.  Sorry to hear about the issues you have Hosman and if Craigslist works for you then work it, for me I have 500 + items to sell and boxes of more to go through, I personnally have to have volume.

[rockandrollrods]

eBay has the gorilla's share of the market so that's why I sell on there. There also take a gorilla's share of your money in fees though. It's still cheaper than renting a building, and paying the insurance and whatnot. So until I have enough to open my own brick and mortar, eBay is my main sales platform. Craigslist has been good to me, but eBay has been better.

[mart]

Hosman, they did the same to me a while ago because I didn`t have a credit card on file and would not link to my bank account !! (No way would I do that)) heard too many horror stories) !!  So I went to Wal-Mart and bought a $20.00 self loading credit card,, entered it and no more problems !!  But I only use paypal for buying online !!  Have never tried to get cash out !!

[hosman321]

I'm pretty mad about this whole "holding funds" thing. I still am not able to use the money, I think that's just nuts to hold it for this long. Has anyone else sold anything on ebay the past few days? Did it do it to you, too?

[mart]

Yes I have but since I have that WalMart CC on file,, no problems,, but like I said I only use paypal for buying and selling online !!  They have had that 21 day rule a while now !!