07-03-2018 09:32 AM
Hi! I'm trying to sell a high ticket ring (wedding ring) for the first time. I listed it last night, marked it up 30% for the BIN price. This morning, I receive an email saying the item has sold for the BIN price of $9,100.00. The buyer has good reviews but it seems that most of the items he has purchased could be cheap items. Anyway, the buyer is asking for an invoice and says he will transfer the money via PayPal as soon as he gets the invoice. I know I need to request signature confirmation and delivery confirmation. Any advice?!
07-03-2018 10:57 AM
07-03-2018 11:00 AM
07-03-2018 11:03 AM
07-03-2018 11:06 AM
@shara7901 wrote:
Thank you for your input! I never responded and then received an email from eBay saying the listing was removed because of "unauthorized user of buyer or bidder account".
I thought that might happen, thanks for letting us know! I am SO glad they caught that for you~but you were wise to be wary of it to start with, and to consult this Board for advice. You got some great advice here from some outstanding posters (not putting myself in their league or anything) and these are very knowlegeable people.
OP, you dodged a bullet here; I thank God for that!
07-03-2018 11:07 AM
@tellmemama wrote:
@duggmills wrote:Look up the buyers address on Google maps to see if it's an apartment building where packages get lost very quickly, a Halal meat market in the Bronx or something other than a single family residence.
Go to the property tax department for that address and see if the names are the same - owner and buyer. It could be a rental unit in which case the buyer has $9K to spend on a ring but can't buy a house? Contact the property owner to inquire about a renter's credit history. Don't ask for detail. That may not be legal.
Look at the address on Zillow to see if your buyer is planning a move soon.
Ask the buyer for their Social Security number and permission to pull a credit report and background check. If there is any resistance to this, don't ship.
Most of what you suggest isn't exactly legal.
More like totally ridiculous.
OP - Ebay has yanked the listing because they detected the scammer before you did. Next time you may not be so lucky. All the buyer needs to do is claim that he got an empty package and boom - you will be fighting a refund request or a chargeback and probably lose.
Do not try to relist a 9K ring here. That will not end well because as a low feedback seller you are a magnet for scammers. Sell it locally for cash or find a jeweler who will sell it on consignment.
07-03-2018 11:08 AM
I never responded and then received an email from eBay saying the listing was removed because of "unauthorized user of buyer or bidder account". Crazy.
07-03-2018 11:08 AM
@duggmills wrote:
Ask the buyer for their Social Security number and permission to pull a credit report and background check. If there is any resistance to this, don't ship.
I would tell any seller that require this for me where to go and what to do when they got there.
07-03-2018 11:09 AM
07-03-2018 11:09 AM
07-03-2018 11:10 AM
07-03-2018 11:12 AM
07-03-2018 11:15 AM
I could see it in their sold listings too but got an error page when I clicked on it
07-03-2018 11:21 AM
That is great news.
07-03-2018 11:24 AM - edited 07-03-2018 11:28 AM
You have no choice but to invoice as he asked and complete your transaction.....there is a link to do so right from your order details page on ebay.
Make sure you read about seller protection and follow it to the letter.
Also itis a great idea if you have the ring appraised really fast to have the documentation that it was listed correctly and it is what it is.
And for those that do not know....the buyer is paying PayPal because that is who collects the money for us and for most ebay sales. And most hig end buyers will request an invoice and always have for their records. Nothing new in and of itself
07-03-2018 11:25 AM
@tellmemama wrote:Um...yet another brand new seller with a $9,100 item? How on earth is this allowed to happen, eBay?? What happened to selling limits? With absolutely no offense intended toward the OP, this should never be allowed. In the current selling climate chock full of scammers, how can this possibly end well? Fortunately the OP caught this may be a scam but what if the buyer pays, claims it isn't as described, and returns a gumball ring?
One more newbie seller left completely unprotected by eBay. Disgusting.
A new account that's been open 4 days and allowed to sell a $9, 000.00 item.
I've been selling since 2011 and I wouldn't even think about selling something like that online.