There must be one or more threads on this somewhere, but I have not seen them.
I have done plenty of local transactions for cash, face-to-face, try-before-you-buy, mostly on CraigsList. Buying and selling, basses, heads, cabs, and misc other (non-musical) personal items. I have yet to do any shipping / distance transaction on used gear (eBay, Reverb, TB). But I am fast approaching that, and need to learn some stuff.
I posted a bass for sale locally, and a non-local wants to buy it. Before I could say boo, the buyer posted money into my PayPal account (which account has never even received a payment before). The buyer included money for shipping. I have never shipped a bass before. This bass is far from perfect, and my CL ad disclosed that.
Any advice / pointers would be appreciated. Such as, Can a buyer somehow grab back the PayPal funds? What if a buyer is dissatisfied? Tips on shipping? Insurance? Getting optional PayPal seller coverage? How long does it take to get half-way across the country? Do I actually have the money as soon as I click the Claim Your Money button? Should I wait until I have it in the hands of a shipper before I claim my payment?
Thanks!
I have done plenty of local transactions for cash, face-to-face, try-before-you-buy, mostly on CraigsList. Buying and selling, basses, heads, cabs, and misc other (non-musical) personal items. I have yet to do any shipping / distance transaction on used gear (eBay, Reverb, TB). But I am fast approaching that, and need to learn some stuff.
I posted a bass for sale locally, and a non-local wants to buy it. Before I could say boo, the buyer posted money into my PayPal account (which account has never even received a payment before). The buyer included money for shipping. I have never shipped a bass before. This bass is far from perfect, and my CL ad disclosed that.
Any advice / pointers would be appreciated. Such as, Can a buyer somehow grab back the PayPal funds? What if a buyer is dissatisfied? Tips on shipping? Insurance? Getting optional PayPal seller coverage? How long does it take to get half-way across the country? Do I actually have the money as soon as I click the Claim Your Money button? Should I wait until I have it in the hands of a shipper before I claim my payment?
Thanks!