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Selling on Agon question

Hi, I have an ad out, and someone with no feedback, from Mexico City, has expressed interest.

I am slightly wary, are there precautions I could take to ensure I don't get burned?

I was thinking:

-Insist on bank check/money order, wait for funds to clear before shipping.

-Ship UPS and choose the option to have the buyer have to sign for the item

Does that cover me?

I am wary of accepting paypal for this transaction as disputes usually go to the buyer, and this person could claim the item was damaged and ask for money back or something like that.

Any thoughts based on your experience would be much appreciated.

-Stephen
sandman012
elizabeth
6,726 posts
 
Forrget ANY check or money order. use only a bank transfer.
The seller sends the money directly to your account. NO possible grab back for him.
If he really wants the item, he will go for a bank transfer.
If he is a crook trying to steal your item, he will never allow a bank transfer. he will want a check, or some other form he can get back later on.

My first bank transfer was from a fellow in Germany, who wanted my item. I was: 'no way', but his offer to use a bank transfer gave me the confidence to follow through.
marakanetz's avatar
marakanetz
5,473 posts
 
Do not reveal account information. Ask your bank to give a token or control number for wire transfer.
pbnaudio's avatar
pbnaudio
1,534 posts
 
Marakanetz - by submitting your account information required for a wire transfer you do not really reveal anything that is not already printed on checks you presumably hand out to a lot of folks anyway - its the safest way to conduct business as a seller.

Best of Luck

Peter
jaxwired
229 posts
 
Also, money orders can bounce weeks after they "clear" your bank. Then the bank comes after you for the money. Money orders (and cashiers checks) cannot be trusted unless you want to wait like 90 days. You are not protected by a "cleared" money order or cashiers check.
polk432
1,116 posts
 
You don't cash MO's aat your bank. Go to a post office.
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