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eBay Left me homeless

 

Before anything. I am aware of the rules/terms/guidelines. I have been a eBay seller/buyer for many years, profits over $300k in 7 years. Recently lost access to my old account due to not remembering the password of the email, and the number to reset the password on that email to verify email was an old number that couldn’t receive texts/calls. And I had ran out of

options. So I made a new one. Once Covid hit, things died down, and this account just became well what it is not. Covid ruined my financial living situations and I’m still recovering from it. That being said. 

Has anyone here ever been deceived to by eBay and given the run around?

 

I sold an Item that I started to stop using recently and needed quick cash. I live on a month to month basis. I sold the item for a low price. An item new worth $6,000. 
used 2500-4500. 
sold it for 1200 because cosmetic damage. 

Once the item was paid for, the money got put into a hold. I was told that once the buyer receives the item and leaves a review, that the payment would be (not on hold) any more. EBAY told me this. Now Ebay is telling me I have to wait 30 days to get paid, basically net 30 for $1000 after eBay fees. When I needed it weeks after it was sold at the latest. Now I’m homeless because I couldn’t pay for it on time because eBay decided it’s more important for them to handle YOUR money. And not you handle your money. 

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eBay Left me homeless

eBay is not the place for "quick cash". If you want quick cash, sell locally for cash or go to a pawn shop.

 

On eBay, new or infrequent sellers -- or sellers selling expensive items in a new category -- are subject to payment holds for online payments.

 

eBay explains payment holds here:

 

https://www.ebay.com/help/selling/getting-paid/getting-paid-items-youve-sold/payments-hold?id=4816

 

 

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eBay Left me homeless

Online marketplaces, not just Ebay, apply holds to payments to new and infrequent sellers who have not earned the marketplace's trust.

 

It is evident if you read the terms of this site, but few desperate people do.

 

Not only can you not count on Ebay for quick cash, you cannot count on not being cheated by some lowlife buyer who preys on new sellers.

 

You should never sell anything online which you cannot afford to lose.

 

I strongly suggest you take that Leica camera listing down before it sells.

 

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