Quote:
Originally Posted by JackDidley
If you sell on Ebay you should have gotten an email about the new payment system. They want your SS number and banking info  so they can pay you directly and cut out Paypal. No. They will not get my info. Original email came weeks ago stating the deadline was 2-14-21. I got a new one today with the deadline being 2-28. I think a lot of sellers are going to walk away. Ebay wants to control the sellers even more than they do now. Will you cave and sell or just stop selling ? I never sold a lot on ebay anyway so its not a big thing to me but if it was a living income I may think again. |
Paying your Ebay fees at the end o the month meant that Ebay got a lot of DEADBEAT Sellers. They now take their cut up front after each and every sale (better cash flow for them). Only charging for your shipping through a carrier at the end of the month. It is a push basically on the cost of selling. You are also cutting out Pay Pal fees of 3%.
The way you do it is set up a
special purpose Checking Account that is dedicated to Ebay sales.
From personal experience you can not TRUST Ebay...you never get the same story from them twice, and they lie to you. That is no foundation to build a business, because there has to be continuity and trust in the platform you are using. If there was another platform with as much exposure as Ebay (Amazon is a royal pain as well) I would be gone from there.
FACEBOOK MKTPLACE...is a cash and carry listing service..you might not make top buck on an item but there are no hassles nor fees from a Third Party. Big items that would be costly to ship are perfect for the site.
I sold a GE Electric Stove last summer that had been sitting on the side of the house for years for $100 in 8 hours. Listed in the morning and gone by evening. Maybe I could have made a few more shekels on it but IT IS GONE. My profit on the deal was getting a practically nu Whirlpool made 22.5 cu ft dbl door refer wt Ice maker in da door that I have been using for 4.5 yeara for $80. It keeps stuff really cold and is more economical to use than the old one I had. Winning!
That morn I woke up and decided I am gona sell the thing and I did!