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On hold, pending payment...

Marking your item "sold pending payment" means you lose all prospective buyers without a serious discount should the first guy flake. My experience anyway.

If a "prospective buyer" is scared off by that post update they were never going to buy the bass anyway.

If I'm genuinely interested in a bass marked "sold pending payment" I'll message the seller to see where things stand: if I'm not truly interested in paying I won't bother, and it saves the seller the hassle of having to reply to another tire kicker.
 
After reading this, I want to curse loudly and break something. :mad: :rage: :woot: lol


This is incredibly subjective. That said, I never alter my listing or add any info like that until my sale item is sold. I'd rather keep the interest coming..

If I am looking and I see a "pending this or that" comment, if I am really interested, I will reach out and say hey, if the sale falls through, let me know.

If not, there will be other basses. Funny how that works around these parts. lol
 
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Didn't want to crap on a sellers post so I thought I would vent my frustration here. Cash is king, if you have it, what ever I'm selling is yours.

What's up with these posts within 'for sale' ads that state 'on hold pending payment?'

Somebody has to ask their mom for money? They have to collect coins from behind the couch cushions? Their great uncle owes them $50 and they're going to collect now? They have to ask their boss Cleetus at the Pump 'N Munch for a two-month advance?

Obviously this was a bass I was on the fence about. I never realized an option could be 'hey if I can find some money, I'd like to buy this. Please hold it for me until I can figure out how to pay for it

This is all somewhat tongue-in-cheek but really, people are asking to hold items for sale without having the payment readily available?

I'm a firm believer in cash on the barrel head. No checks, and no maybes.
 
I think they mean they have someone who said they want the bass, but the seller hasn't received the money yet. In other words, if payment isn't received, the bass goes back up on the market.
Yes. Sometimes the bank will do it in a few partial payments. I forget the reason. I do remember it's frustrating that you can't simply use funds as you wish. Usually clears within 10 days max I think.
 
If a "prospective buyer" is scared off by that post update they were never going to buy the bass anyway.

Not at all true. Just as @BobKos said earlier. If someone backs out, other buyers wonder what the first person knew that they didn't. This has happened to me more than a handful of times here, on eBay and reverb. The minute an item is sold or marked as such, other buyers who have contacted me about and watchers vanish. It is an interesting phenomenon but does happen.
 
Not at all true. Just as @BobKos said earlier. If someone backs out, other buyers wonder what the first person knew that they didn't. This has happened to me more than a handful of times here, on eBay and reverb. The minute an item is sold or marked as such, other buyers who have contacted me about and watchers vanish. It is an interesting phenomenon but does happen.

FWIW that's not my own experience at all. But if it's happened to you, then it happened. I won't dispute it.

I don't do eBay anymore however. Their policy of siding with the buyer regardless of merits, "their don't ask don't tell" attitude towards fraudulent behavior and questionable business practices, combined with the impossibility of ever speaking to a human being is enough disincentive for me to want to continue doing anything through eBay. These days I'll only use TB or Reverb. Otherwise I just do local direct sales.
 
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I travel to buy a lot of gear. I've had one seller that knew I came from about 100 miles away tell me that he had someone else coming that offered more money in what I thought was an effort to squeeze more money out of me.

He eventually caved to the original asking price. I think I may have commented that I'd be crossing state lines to get home.
 
Didn't want to crap on a sellers post so I thought I would vent my frustration here. Cash is king, if you have it, what ever I'm selling is yours.

What's up with these posts within 'for sale' ads that state 'on hold pending payment?'

Somebody has to ask their mom for money? They have to collect coins from behind the couch cushions? Their great uncle owes them $50 and they're going to collect now? They have to ask their boss Cleetus at the Pump 'N Munch for a two-month advance?

Obviously this was a bass I was on the fence about. I never realized an option could be 'hey if I can find some money, I'd like to buy this. Please hold it for me until I can figure out how to pay for it

This is all somewhat tongue-in-cheek but really, people are asking to hold items for sale without having the payment readily available?

Must feel great to let all that out and then realize that any normal person could deduce on their own what "on hold pending payment" means.
 
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