I just sold my iPod for an insane amount of money!

[Draddy]

I just sold my 5th generation iPod for 230 dollars on ebay!


I mean, its in mint condition, but that's a lot for a black 60 5.0 iPod.


My question is, since the seller has low feedback, how do I protect myself with paypal? Do I move the money into my bank account? If paypal shoes the money, does that mean that I have the money secure?


Thanks!

 

[iMpathetic]

I just sold my 5th generation iPod for 230 dollars on ebay!


I mean, its in mint condition, but that's a lot for a black 60 5.0 iPod.


My question is, since the seller has low feedback, how do I protect myself with paypal? Do I move the money into my bank account? If paypal shoes the money, does that mean that I have the money secure?


Thanks!

Meh, people on greedbay are idiots sometimes...

Great sale, and congrats!

 

[juanster]

yes it hink its pretty safe, but oyu shoudl still put the money back in your account to make sure, i just sold my 16gb touch fro 320 i think i got a pretty good deal too, craigslist too so no fees of any kind.

 

[teleromeo]

be sure you sent it with a reputable company and keep track of the parcel. If he wants to collect it meet at a public place and do not accept paypall. I read some advice here to hand it over in a bank.

 

[iTeen]

hey while on this subject...how much do you think a 5.5g 30gb black ipod video would should sell for??

 

[Draddy]

hey while on this subject...how much do you think a 5.5g 30gb black ipod video would should sell for??

should? like 130-160

 

[GoCubsGo]

should? like 130-160

LOL you cut that in 1/2 from your sale? Even the 30 vs 60 you're talking 5.0 vs 5.5. I'd say $175-200 for that guys and you just got some stupid amount as you said.

 

[rockthecasbah]

Definitely run the transfer through Paypal, it's by far the safest way to transfer funds for an eBay purchase. I believe they have fraud protection too.

 

[Draddy]

LOL you cut that in 1/2 from your sale? Even the 30 vs 60 you're talking 5.0 vs 5.5. I'd say $175-200 for that guys and you just got some stupid amount as you said.

even though an 80gb classic with a dull warranty is 250?

 

[Draddy]

Definitely run the transfer through Paypal, it's by far the safest way to transfer funds for an eBay purchase. I believe they have fraud protection too.

fraud protection is ALWAYS in favor of the buyer. Without feedback there is nothing from keeping the buyer claiming they never got it.

 

[Sun Baked]

These days instead of a bank, i'd probably do a post office.

Have him buy a postal money order while you are there and hand it to you.

---

Even if he buys a cashier's check in front of you, he very well could have it canceled the minute you walk out the door.

Which was/is one of the scams running for people selling cars.

Even fraud while in a bank is rather difficult to do anything about, at least the post office seems to have a few more teeth than a toothless goat.

 

[Music_Producer]

fraud protection is ALWAYS in favor of the buyer. Without feedback there is nothing from keeping the buyer claiming they never got it.

Read the paypal rules - fraud protection is for both buyers and sellers.

Make sure the buyer pays with a confirmed address, and ship to that address. Do NOT ship to any other address (if the buyer says ' I just moved and i need you to ship it to my new address' etc)

Ship the package with signature confirmation, so there is proof of delivery. Follow these steps and you will be good.

 

[Abstract]

I'm no expert, but haven't there been cases where the buyer pays you the money via eBay, you see that the money has transferred, you send the buyer the item, and then he claims you didn't send it, so they take the money back from your account?

That way, the buyer gets the item and keeps the money.

Again, I'm far from an expert on eBay, but I thought I read that scenario here at MacRumours before.

 

[teleromeo]

I'm no expert, but haven't there been cases where the buyer pays you the money via eBay, you see that the money has transferred, you send the buyer the item, and then he claims you didn't send it, so they take the money back from your account?

That way, the buyer gets the item and keeps the money.

Again, I'm far from an expert on eBay, but I thought I read that scenario here at MacRumours before.

That was in this thread

 

[Draddy]

awesome...

I got the paypal notification on my iPhone and just read "paid" with no details....

then when I got to my computer I awesomely noticed that the paypal e-mail was fake...

then I got this e-mail.

....awesome.

(Hello seller, i was lucky to win your item on eBay and i will like to purchase it from you but am not the one to use it i will like to get it get it shipped directly to My cousin is currently in West Africa (Nigeria) .working with (BRITISH AMERICAN TOBACCO) company in Nigeria, though the item states not to be shipped overseas but i like the description of the item and i really want to get it for my cousin by all means, moreso, am presently not in the country because am on an
official assignment in London, so i want the item to be directly shipped to my cousin's address. So immediate payment has been made to your paypal account, never mind about the shipping being International i have already added an extra shipping cost and insurance to the payment and i think the amount i added will be completely ok for the shipping and handling down to my cousin's address in Nigeria via Global Mail Express Service (EMS) 3-5 days First Class . Below is my cousin's address where the item will be shipped to...

Name: Adeyemi Bolarinwa
Address:No 12 Dikat House
Ring Road,Ibadan
State:Oyo State
Country:Nigeria
Zipcode:23402
Tel: +2348072911822

You will be contacted by PayPal as soon as the payment i sent has been confirmed and approved, so i want you to get the item shipped immediately as soon as you receive the payment confirmation mail from PayPal, so that we can get this transaction completed on time because the money has been deducted from my account, so that i can also contact my cousin that i have purchased him his desired item Do get back to me asap. probably you might want you talk to my cousin about the shipment and delivery of the item kindly call +2348072911822
Hope to hear from you soon
Much Regard

 

[Eraserhead]

You'd have thought they'd pick another country to be in to make it slightly less obvious .

 

[Draddy]

You'd have thought they'd pick another country to be in to make it slightly less obvious .

I know right?

It seems like the once brilliant nigerian scammers are now retards.


ugh, I hate that.. I never clicked on any links or anything... but I still have to change my passwords and everything just because I feel dirty.


It's kind of scary how real the paypal e-mail looks... It's not so blatantly obvious anymore.

 

[juanster]

yeah that does look pretty real...

 

[question fear]

Ouch! That sucks! Make sure you report it to Ebay and Paypal right away.

And when you re-post your iPod, make sure the auction indicates US-only. It helps put another layer between you and scams. I had to do that after trying to sell a palm on ebay and getting an email asking if I could ship to a foreign country for some ridiculously low amount of money.

 

[Draddy]

Ouch! That sucks! Make sure you report it to Ebay and Paypal right away.

And when you re-post your iPod, make sure the auction indicates US-only. It helps put another layer between you and scams. I had to do that after trying to sell a palm on ebay and getting an email asking if I could ship to a foreign country for some ridiculously low amount of money.

eBay makes it incredibly hard to report.... especially with 30 day time restrictions.

Thanks for the tips! I did have it listed as US only.

I didn't even read the last paragraph of the paypal e-mail, I was just noticing it... I think it's pretty brilliant.

This PayPal® payment has been deducted from the buyer's account and has been " APPROVED" but will not be credited to your account until the shipment confirmation number is sent to us for shipment verification so as to secure both the buyer and the seller.

 

[notjustjay]

Wow, that sucks.

Report it to PayPal's "phishing" email address (whatever it is, I forget).

Scammers like that hurt us all, not just the seller. It makes you as a seller want to take steps like limiting your auctions to US only buyers... and that in turn hurts us in, say, Canada, who would love to take advantage of a great deal from a US buyer (due to the sheer number of American sellers and the conversion rate).

I don't even use eBay anymore. It's just not worth it.

 

[CanadaRAM]

One thing you have to do is to proactively check your auction while it is running, and disqualify bidders from out of your stated sales area and bidders with zero or negative feedback, so they don't *&^% your auction for real bidders by entering high scam bids.

State on the auction that you will ship to Confirmed Paypal Addresses only and stick to it. You aren't protected if you don't ship to a confirmed address.

Insist on insurance and signature on delivery for any shipment.

Never clickthrough a PayPal email -- you can always log into your PayPal account by hand and check that the payment is received.

PayPal does NOT offer an escrow service where funds will be released when shipment is confirmed... so that's another scam marker.

 

[Galapp]

if the money is on paypal, it is secured... but you should still be carefull... if he has a low profile, you should be 100% sure that he transfers the money before you send it...

 

[Draddy]

....the second chance buyer also turned out to be crap. I think I'm done with ebay. re-listed into the marketplace here.

 

[CanadaRAM]

if the money is on paypal, it is secured...

Err, no -- if the buyer uses a stolen charge card number to fund the purchase PayPal WILL take the money back from you. If you ship to a non-confirmed address and the buyer fraudulently claims he never received it, PayPal WILL take the money back from you. If the PayPal account was hijacked, you will lose the money.