How do I protect myself as a seller?

[Jetsfan]

Thank you everyone. Great advice. If I decide to sell, I’ll likely try here first.

Adam

[buymycards]

As a buyer, I would never use F&F on a $4k card.

[Aquarian Sports Cards]

BST is a great option but I have to agree with Rick unless it's a seller with whom you have a real relationship buyers should protect themselves. At 3% as compared to ebay or auction fees I think it's worth it for you as the seller as well.

[Jetsfan]

Hi Scott,

I agree that I suspect most people would not want to spend a few thousand dollars with PayPal friends and family. However, it seems that regular PayPal is overly protective of the buyer and an unscrupulous buyer can really screw over an honest seller. From what I understand, it is hard to prevent returns for almost any reason with PayPal.

[Aquarian Sports Cards]

True but the only 100% safe option (short of being held up at gunpoint) is an in person cash transaction. Leon does a good job of removing the bad actors from this site. Not mean people or guys who think they're smarter than everyone else, but rather people who can't be trusted in a business deal. That's no guarantee either but the horror stories from BST are virtually non-existent and there have been large deals conducted there regularly. I would say if you have a proposed BST deal, ask the seller for references or if he minds you asking the opinion of the board.

[MikeKam]

I would personally recommend that you stay away from Friends and Family PayPal payments - in my opinion, they should only truly be used for friends and family transactions and not business.

I've seen multiple instances where a buyer has gone on spending sprees sending out friends and family payments for items, with payments being sourced from their credit card, and then filing charge backs after receiving the item with PayPal and the seller having no recourse.

If you're very worried about being scammed and want peace of mind, I say bite the bullet and go with the most foolproof avenue of sale like an AH as you mention.

[Goudey77]

As Aquariun Sports Cards mentioned a service where you have a third party broker your deal is the best option.

[whitehse]

Originally Posted by buymycards

As a buyer, I would never use F&F on a $4k card.

I cannot agree more. F&F just takes another level of buyer protection away. Small dollar amounts..no problem but 4k? I Don't think so

[Hankphenom]

Or money order? And wait for it to clear before sending the item? Is this not done anymore?

[bnorth]

Hundred dollar bills in a envelope works pretty good. Using a auction house would work also.

[Exhibitman]

If you are that worried, AH all the way. They take all the risks of transit and returns for you.

[murphy8276]

You want protection from a charge-back or a return, but you do not want to pay fees to utilize these protections? There are likely no options other than cash in that case....

[packs]

Auction House is the only way to hold a sale under your terms. I echo previous sentiment that I would not send anyone I didn't know money via Paypal that didn't protect my interests first. I wouldn't send a money order or check for the same reason.