Apologies are in order about the fees I listed.
Due to a brain failure and sleeping at switch, I accidently included total costs including shipping expenses to the buyer.
I will say that the more dollar amounts involved, the more your fees are.
I have started to explore a pre-paid credit card via the bank to pay paypal as well... I suspect paypal will try to get into everything like walmarts in the future. Imagine having no cashier lines, just a paypal station.
There are those who think paper checks are on the way out. I will present a argument and say as long as billers like Dish Network demands a voided copy to prove the bank account to auto draft from there will always be a need for paper checks.
Indeed autodrafting for monthly bill payment is getting to be the only method to be on time with your bills. The grace windows are getting tighter with each passing year. Who knows? If paper checks go out, then they will have to make a payroll deduction for your monthly bills at the employer.
Paypal did ok for me as a buyer, but they were always slow with autodrafts... taking 2,3,4 or even 5 days. If you made a buy near the weekend, your item wont ship until late the following week due to seller waiting for the paypal. For some reason paypal sometimes instantly draws the funds moments after auction end (After you pay paypal) and the shipper is happy to get the item on the way in the morning.
BRAKIE wrote: loathar wrote: Tracklayer wrote: I figured that was eventually going to happen one day. I also recently heard a rumor that WalMart, Academy and a number of other businesses are going to stop accepting personal checks and will only accept cash or debit cards as payment anymore. Wal Marts already doing a thing where they scan your personal check, have you sign a credit like slip and hand you your check back. My parents worked for Deluxe Check Printers all their lives and made a good living. My brother and I both worked there too. Deluxe is now defunct and tens of thousands of people are out of a job because of the debit card revolution.Mmmmm...the sour stench of progress....I already shopped in a store that had a notice on the door and it read:As of August 1st we will no longer accept personal or payroll checks.Thank You.Or words closely to that..I was shocked..What's next? Sorry we no longer accept cash?
loathar wrote: Tracklayer wrote: I figured that was eventually going to happen one day. I also recently heard a rumor that WalMart, Academy and a number of other businesses are going to stop accepting personal checks and will only accept cash or debit cards as payment anymore. Wal Marts already doing a thing where they scan your personal check, have you sign a credit like slip and hand you your check back. My parents worked for Deluxe Check Printers all their lives and made a good living. My brother and I both worked there too. Deluxe is now defunct and tens of thousands of people are out of a job because of the debit card revolution.Mmmmm...the sour stench of progress....
Tracklayer wrote: I figured that was eventually going to happen one day. I also recently heard a rumor that WalMart, Academy and a number of other businesses are going to stop accepting personal checks and will only accept cash or debit cards as payment anymore.
I figured that was eventually going to happen one day. I also recently heard a rumor that WalMart, Academy and a number of other businesses are going to stop accepting personal checks and will only accept cash or debit cards as payment anymore.
Wal Marts already doing a thing where they scan your personal check, have you sign a credit like slip and hand you your check back. My parents worked for Deluxe Check Printers all their lives and made a good living. My brother and I both worked there too. Deluxe is now defunct and tens of thousands of people are out of a job because of the debit card revolution.Mmmmm...the sour stench of progress....
I already shopped in a store that had a notice on the door and it read:
As of August 1st we will no longer accept personal or payroll checks.
Thank You.
Or words closely to that..I was shocked..
What's next? Sorry we no longer accept cash?
Sign of the times really. I've worked in retail for twenty years.( all for the same company )Up here in Canada personal checks have not been accepted as payment at major retailers for about ten years now,some grocery stores still do but that is about to go as well.Too many bounced cheques too much fraud in general on the cheque end .Of coarse up eher the embracement of debit cards happened much quicker thna it did in the US.
The the OP's original thoughts ,it won't effect me much.I do a fair bit of ebay selling and buying. I won't accept cheques, and will at least until the end accept money orders but it does add a ton of time to the transaction on the selling end.I won't buy from someone who does not take paypal,I set up a separate bank account credit/debit card just for useage there,muck simpler and much faster.
Rob
Have fun with your trains
CRAP!! this is bad news for me. I only use money orders when buying from Ebay. I get them from Walmart really cheap on my way home from work. I have them in the mail usually within a day or two of the close of the auction. I do not use Paypal because my nephew had his identity stolen through his Paypal account. Within an hour and a half, they had changed all his passwords and effectively locked him out of his own accounts!! I also had a bad experience with a debit card when they first started to be widely used,so I just never got another one. I guess this leaves a credit card as my sole remaining option.
PayPal will then be your only way to go - you pay with PayPal and they charge your card.
Bob Boudreau
CANADA
Visit my model railroad photography website: http://sites.google.com/site/railphotog/
loathar wrote:I won't deal with a vendor that requires a Payscam account. I've used a money order for everything I've bought off E-bay and have a 100% feed back rating. I guess I'd be willing to switch to my debit card, but I won't like it. I guess E-Bay's taking a Q from our government. Cater to the big guy and screw the little guy...
Get yourself a credit card and dedicate it to only online purchases. If someone steals your number, cancel the card immediately and get a new one.
Using your bank account debit card online is a good way to get your bank account in a totally unusable mess if someone steals your number. Ask me how I know ...
By the way, I have had nothing but excellent experiences with PayPal, and the cool thing is there's nothing for an online thief to steal with PayPal.
Joe Fugate Modeling the 1980s SP Siskiyou Line in southern Oregon
Last Chance wrote: Ebay charges you extra for everything. A simple 1.00 open bid on a widget with one picture (Free) and a short description would have not generated much fees... maybe a few cents.But should that widget close at 100.00 winning price, your fees will be approximately 15-22% of the total gross amount of auction when the sale is over. Hopefully the customer has paid the shipping in full. Your net out of that 100.00 sale is going to be about 78 dollars or so when it's all over.
Ebay charges you extra for everything. A simple 1.00 open bid on a widget with one picture (Free) and a short description would have not generated much fees... maybe a few cents.
But should that widget close at 100.00 winning price, your fees will be approximately 15-22% of the total gross amount of auction when the sale is over. Hopefully the customer has paid the shipping in full. Your net out of that 100.00 sale is going to be about 78 dollars or so when it's all over.
Alco fan already addressed this, but if those fees you say were real, ebay wouldn't be the auction site it is today. In fact, it wouldn't exist because nobody would make any money but them.
alco_fan wrote: Last Chance wrote: Ebay charges you extra for everything. A simple 1.00 open bid on a widget with one picture (Free) and a short description would have not generated much fees... maybe a few cents.But should that widget close at 100.00 winning price, your fees will be approximately 15-22% of the total gross amount of auction when the sale is over. Hopefully the customer has paid the shipping in full. Your net out of that 100.00 sale is going to be about 78 dollars or so when it's all over.Say what? You need to take a look at eBay's actual fee schedule. If your list the item with a 99 cent starting price ($.15), then sell it for $100, you pay $2.19 plus 3.5% of the amount over $25 ($2.63). That totals less than 5 bucks. Even if you add percentage points for a PayPal transaction, you clear at least 94 bucks. Its not free, but at least describe it correctlyI'm not hyping eBay, but its worked for me hundreds of times with no problems. Some of the rules are a pain, but some of them came about because unscrupulous buyers and sellers "gamed" the system in the past. If any new auction site ever actually started to be successful, the same cheats would end up there and those rules would be toughened, too. There is no free lunch.EBay revenues were nearly 8.5 billion (yeah, with a "B") in the last 12 months. They won't miss the model train business if all of you tinfoil hatters clear out.
Say what? You need to take a look at eBay's actual fee schedule. If your list the item with a 99 cent starting price ($.15), then sell it for $100, you pay $2.19 plus 3.5% of the amount over $25 ($2.63). That totals less than 5 bucks. Even if you add percentage points for a PayPal transaction, you clear at least 94 bucks. Its not free, but at least describe it correctly
I'm not hyping eBay, but its worked for me hundreds of times with no problems. Some of the rules are a pain, but some of them came about because unscrupulous buyers and sellers "gamed" the system in the past. If any new auction site ever actually started to be successful, the same cheats would end up there and those rules would be toughened, too. There is no free lunch.
EBay revenues were nearly 8.5 billion (yeah, with a "B") in the last 12 months. They won't miss the model train business if all of you tinfoil hatters clear out.
Another thing to keep costs under control would be to ship USPS Priority Mail. The boxes are free, and you can use ebay to calculate the exact cost. That way you're getting the entire cost of shipping every time, and not paying for supplies.
BRAKIE wrote: Black Helicopters and Reynolds Tin Foil hats be darned. " border="0" width="15" height="15" />-------------Don't forget the MIB.
Black Helicopters and Reynolds Tin Foil hats be darned. " border="0" width="15" height="15" />
-------------
Don't forget the MIB.
LOL Brakie
"The true sign of intelligence is not knowledge but imagination."-Albert Einstein
http://gearedsteam.blogspot.com/
The least costly method is to sell in lots or several of like items.
I used to take a video of the items with a decent camcorder and good lighting showing all of the items sides, ups and downs up close and out. Then posted a video on photobucket. Later a simple link from Ebay selling page direct to the video.
That simple work around eliminated dozens of pictures and was very successful for me in avoiding picture fees. Plus actual video of engines pulling trains or running with sound was very helpful to the buyers.
I think at the time it would have been .25 or about there for each image uploaded to ebay. Gallery fees would have been a few dollars.
Larry
Conductor.
Summerset Ry.
"Stay Alert, Don't get hurt Safety First!"
dirtyd79 wrote: jeffrey-wimberly wrote: rtraincollector wrote: I was looking at the latest message from ebay in my ebay messages and was shocked to see that come october you will not be ableto receive or pay via checks or money ordeer for items you buy/sell. They want you only to use credit cards or debit cards and pay thru paypal or other electronic paying companies. Am I going to buy from EBay anymore?NO WAY! As long as I could pay by money order it was OK, but putting my credit card and/or bank account info online? Nothing doing! Same here, man. As for being paranoid if any of you guys ever read The Anarchist's Cookbook and read how easy it is to jinjack somebody's bank account or credit card numbers you'd crap a cinder block. Here's a hint take a close look at what you throw in your garbage can sometime. P.S. The Anarchist Cookbook is freeware now so any amateur hack in the universe can find it
jeffrey-wimberly wrote: rtraincollector wrote: I was looking at the latest message from ebay in my ebay messages and was shocked to see that come october you will not be ableto receive or pay via checks or money ordeer for items you buy/sell. They want you only to use credit cards or debit cards and pay thru paypal or other electronic paying companies. Am I going to buy from EBay anymore?NO WAY! As long as I could pay by money order it was OK, but putting my credit card and/or bank account info online? Nothing doing!
rtraincollector wrote: I was looking at the latest message from ebay in my ebay messages and was shocked to see that come october you will not be ableto receive or pay via checks or money ordeer for items you buy/sell. They want you only to use credit cards or debit cards and pay thru paypal or other electronic paying companies.
I was looking at the latest message from ebay in my ebay messages and was shocked to see that come october you will not be ableto receive or pay via checks or money ordeer for items you buy/sell. They want you only to use credit cards or debit cards and pay thru paypal or other electronic paying companies.
Am I going to buy from EBay anymore?
NO WAY!
As long as I could pay by money order it was OK, but putting my credit card and/or bank account info online? Nothing doing!
Same here, man. As for being paranoid if any of you guys ever read The Anarchist's Cookbook and read how easy it is to jinjack somebody's bank account or credit card numbers you'd crap a cinder block. Here's a hint take a close look at what you throw in your garbage can sometime.
P.S. The Anarchist Cookbook is freeware now so any amateur hack in the universe can find it
Black Helicopters and Reynolds Tin Foil hats be darned.
I take the proper steps, the only thing you will find in my garbage is garbage. Any and all mail is shredded in a proper paper shredder, what little I recieve anyway, because I choose not to recieve snail mail billing, it's all done by an e-mail and a website passwords. I haven't written a check in 10 years, I use a debit card, my paycheck is direct deposited, and I have literally performed hundreds of transaction via the internet using my credit card. I have never had a problem. My computer has the proper security measures, the banking websites I use are secure, I keep "in-touch" with my credit report regulary. Bottom line? I take the time.
The one and only time someone stole my credit card info was a waitress at a rather upscale restaurant. She was using it to make long distance calls. I made one call to Amex, the charges were reversed, and a new card and number were in my hand the next day, problem solved.
There is nothing wrong with being cautious, but be realistic.
My
rtraincollector wrote:Personally I'm thinking of looking into selling on www.choochoo.com auctions ( www.traincity.com ) charles sigel he just moved from PA. to FL and mainly has O but he offers spots for all gauges and I mainly deal in O so its good for me. From what I understand its free to list and then and only when you acually sell do you pay anything. I can still offer paypal if I wish or I can require money orders ( postal) if I wish.I've done a lot of searching today scince I was off and came up with this by a freinds recomemdation
Personally I'm thinking of looking into selling on www.choochoo.com auctions ( www.traincity.com ) charles sigel he just moved from PA. to FL and mainly has O but he offers spots for all gauges and I mainly deal in O so its good for me. From what I understand its free to list and then and only when you acually sell do you pay anything. I can still offer paypal if I wish or I can require money orders ( postal) if I wish.
I've done a lot of searching today scince I was off and came up with this by a freinds recomemdation
Well, if you start selling HO on choochooauctions.com, you certainly won't have much competition. Right now there is ONE auction for HO scale, and it's for a set of 6 Model Power soldiers. The asking price isn't even worth mentioning.
Like it or not, ebay is still the best game in town.
Kurt_Laughlin wrote:What I find interesting is that some of the people most resistant to using Paypal because of a perceived lack of security are more than happy to send a personal check to a total stranger, a check that has the account holder's name, the ABA routing number, and their account number printed on it. Which, incidentally, is all that's needed for someone to access the account electronically or even have new blank checks printed up . . .KL
What I find interesting is that some of the people most resistant to using Paypal because of a perceived lack of security are more than happy to send a personal check to a total stranger, a check that has the account holder's name, the ABA routing number, and their account number printed on it. Which, incidentally, is all that's needed for someone to access the account electronically or even have new blank checks printed up . . .
KL
Right, or set up online banking.
Someone pointed out that the day will come when Paypal data gets stolen, but that same risk exists with every employer who has your name, address, SSN, and probably your banking information (for direct deposit).
I would like to know the costs of selling on eBay.
I am relatively new to shopping there, but notice that of the all of the items I have won, bid on, or watched have been from vendors who have thousands of sales. If I were selling only an occasional item, taking credit cards would be out of the question, and my minimum price would include the costs of paying eBay and Paypal just as my postage cost would include postage as well as packaging.
So, what is the least costly payment method for the seller? What is the quickest form of payment from a seller’s perspective?
Crews
skiloff wrote:I understand people's reluctance to put their card information on the internet, but the reality is, you are far more likely to have your card stolen at your local gas station than you are on the internet. Simply using a credit or debit card puts you in a position to have something fraudulent happen, no matter where.
I'm shocked that anyone has ever thought it was a good idea to use a credit card over the phone. At least stealing one online requires some knowledge and effort on the part of the thief. Someone on the other end of a phone requires nothing. You might as well write your card info on a piece of paper and go around putting them under people's windshield wipers.
Incidentally, everyone in my family has had their credit card numbers stolen from a gas station. The same gas station, on the same day, actually. Three cars on a family vacation, three cards.
BRAKIE wrote: The last time I bought checks I had to lay almost $20.00 into the outstretched hand of the guy printing them . . ." border="0" width="15" height="24" /> ----------------------I still writing checks from the first book since I write one check a month..At that rate my checks will last years so,I may never have to buy another box for $18.00.
The last time I bought checks I had to lay almost $20.00 into the outstretched hand of the guy printing them . . .
" border="0" width="15" height="24" />
----------------------
I still writing checks from the first book since I write one check a month..At that rate my checks will last years so,I may never have to buy another box for $18.00.
I was thinking the same exact thing.I don't know where every one's banking, but my bank gives me free checks up to X amount per year and the ONLY time I've ever had to pay any kind of fee is when I bounced a check or used a non bank owned ATM.(and that's my own fault)
Scarpia-I hear ya loud and clear. Fortunately I was young enough to see the writing on the wall and get out of that business. The guys nearing retirement weren't so lucky.
DonZ-OK. That's ONE I've heard of.Glad it worked out for you.
And I've never heard of a seller complaining he got rip off because of a check or money order since they hold them till they clear.(or at least they should) You can use Telecheck service to verify funds just as EZ as checking a credit card.
My point is my check or money order is my word that I'm going to pay promptly. That word has been good enough to get 100% outstanding feed back up to this point. Now E-Bay (NOT the seller) is saying my word is no longer good enough for them or their sellers. Am I the only one that thinks being an honest person and getting lumped into a category with a few bad apples is wrong??
I understand people's reluctance to put their card information on the internet, but the reality is, you are far more likely to have your card stolen at your local gas station than you are on the internet. Simply using a credit or debit card puts you in a position to have something fraudulent happen, no matter where. I have yet to be ripped off in my 12 years of banking on the internet, but I know lots of people who have had their card information stolen at the gas station or restaurant. Its just one of the realities, unfortunately.
I don't buy a lot on ebay, but I've bought two new Atlas locos for 50% and 40% off retail. After shipping, it worked out to about 42% and 33%, but still a good deal in my eyes. And I will only buy off ebay if its a really good deal. Its not worth it otherwise.
loathar wrote: I won't use PayPal because it's just another guy sticking his hand out to take a cut. I've seen quite a few posts here where people said PayPal did nothing to fix a problem they had. I don't recall a single post where anyone praised them for righting a wrong. (MY )
I won't use PayPal because it's just another guy sticking his hand out to take a cut. I've seen quite a few posts here where people said PayPal did nothing to fix a problem they had. I don't recall a single post where anyone praised them for righting a wrong. (MY )
I'll give you a "PayPal did me right" story:
I won a Proto 2000 locomotive auction on eBay and even though the seller 'insisted' that I pay with a Money Order, his auction stated he also took PayPal. I chose to pay with PayPal. The seller stated he would ship via USPS Priority Mail. 5 days later, no item received. I asked repeatedly for a tracking number and never got a reply. I didn't wait any longer; I opened a dispute through eBay and PayPal. 9 days later, the seller said he mailed the package but still wouldn't provide a tracking number. I escalated the dispute and asked for a refund from PayPal. 21 days after the auction ended, the seller told PayPal he had shipped the item through UPS instead of the USPS. PayPal advised me to refuse delivery of the package. I'm glad I did, because there was no way a Proto 2000 locomotive was inside the small box the seller had shipped. I'm sure his plan was to have proof of delivery by UPS and then it was going to be my word against his that he shipped the loco. Once I refused the shipment, PayPal monitored the tracking number and when PayPal was notified that it was delivered back to the seller, they refunded my PayPal account in full, including shipping charges. The seller was then booted from eBay and theft charges were filed by PayPal. Am I happy I used PayPal? You bet!
Don Z.
Research; it's not just for geeks.
loathar wrote: Tell that to my friends from Deluxe and all the other check printers that lost their jobs, careers and pensions.
Tell that to my friends from Deluxe and all the other check printers that lost their jobs, careers and pensions.
Not to mention all those folks who lost their jobs making steam locomotives, propeller-engined fighter planes, three-masted wooden battleships, buggy-whips, typewriters, flintlock army rifles, home coal furnaces, flatirons, washing machine wringers, dial telephones, phonograph needles, carbon arc lamps, illuminating gas mantels, carbon paper, mimeograph machines, etc., etc., etc. SOMEBODY should've done something to make sure that those technologies were never superseded so that the employees - and their descendents - would always have the same jobs in the same places they always had.
loathar wrote: I won't use PayPal because it's just another guy sticking his hand out to take a cut.
I won't use PayPal because it's just another guy sticking his hand out to take a cut.
What people fail to see by using PayPal is you are protected by seller protection policy and buyers are protected by buyer protection by using PayPal. When you use money order or check the risk is yours no protection. The point is the seller and buyer will feel confident in their transaction when buying on eBay.
I still buy trains on eBay and still find deals as a buyer. I find it as a good resource as a MRR marketplace and will continue to use eBay.
I bought my PCM Yb-6 off eBay for $338, and yes it had sound and I paid with PayPal. Best purchase I have made.
BRAKIE wrote:I already shopped in a store that had a notice on the door and it read:As of August 1st we will no longer accept personal or payroll checks.Thank You.Or words closely to that..I was shocked..What's next? Sorry we no longer accept cash?
With all due respect, cheques are not cash. Cash is legal tender. Cheques are nothing more than a promisary note.
There is a huge difference, and no vender should be, or is required to accept cheques of any type.
If you think differently, let me write you an I.O.U. for that lovely brass loco.....
@ loathar, I don't like seeing folks loose jobs, but really, the writing (pun) intended has been on the wall about the cheque printing business. That's like complaining about how folks in the outhouse diggin' business are now out of work. Moving jobs overseas is another issue that we should discuss elsewhere, and while I disgree with it, if you feel that strongly about it, never shop at Walmart or any other large retailer.
Back on topic.
I havent' seen this before, but I'll have to consider this.
I use paypal and ebay a lot. To date -
1. I haven't been overly happy with the fees accrued by either for selling.
2. I haven't been overly happy with resolutions on paypal, but the mistake was mine for not getting tracking info.
3. I have been able to turn a LOT of former hobby material into instant purchasing power for model railroading purposes thanks to both ebay and paypal. Did I loose money? Who knows, do you really track all of your purchases and weigh it against your sales cost minus expenses and storage costs? I don't. I was just *** happy to mail stuff off and have some $$ to buy things I wanted - now. And thanks again to non-ebay vendors who acccept paypal.
4. I've never had a problem with an account or credit card from online purchases or transactions. Been doing it for over 10 years. In fact, I've had more credit card problems from in person experiences than online (those *** carbons).
5. Would i jump ship from ebay? in 2 seconds, unless, of couse, they have what I want...
So mileage varies. Cheers!
I'm trying to model 1956, not live in it.
I will offer up my attempt to build a site to trade trains to anyone that wants to use it.
http://trains.sagepointe.com