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<p>[QUOTE="princeofwaldo, post: 837998, member: 24091"]eBay's insistence that sellers use PayPal has nothing to do with enforcing refund policy, though they will claim otherwise. </p><p> </p><p>Forcing sellers to use PayPal is actually all about clipping sellers for an additional 3.5% on each transaction, even if the seller would prefer to not accept electronic payments. </p><p> </p><p>The feedback system is more than adaquate for enforcing refunds, --the vast majority of sellers try to insure the transaction is acceptable to the buyer in order to keep his feedback profile at or near 100%. </p><p> </p><p>There once were plenty of us, --myself included-- who sold on eBay without accepting PayPal or any other electronic payment. The margins on many items, especially bullion related items, is so small to begin with, that the extra 3.5% commission makes it pointless to sell on eBay. </p><p> </p><p>On the more exotic and truely rare items, the absence of an electronic payment option was hardly a deterent to most serious collectors. If they really wanted the coin, they were going to bid on it regardless of payment option provided the seller feedback profile looked good. </p><p> </p><p>While I understand there have been plenty of abuses of buyers on eBay (most notably the complete absence of any concern on eBay's part to ban counterfeit items) --the truth is eBay has only one real concern, and that is the bottom-line of their profit and loss statement. They don't care a hoot about the sellers even though they are the source of all --ALL-- of their income. </p><p> </p><p>The last straw for me came last summer when a buyer left me negative feedback, then demanded a partial refund before removing the feedback. I complained to eBay that the buyer was using feedback extortion. eBays reply? It's only extortion if the demand for a partial refund is made before the feedback is left. Upon closer inspection of the feedback this buyer had left to other sellers, there were DOZENS of negative feedback left for other sellers, no doubt under similar circumstances, and eBay chose to do nothing about it. When 20% of feedback left by a buyer is negative, clearly there is abuse of the feedback system, yet eBay ignores it as if their amended feedback system is flawless.</p><p> </p><p>What might be a nice solution to the problem, would be a clearing house (perhaps here on this site) where other sellers on eBay can share their blocked bidder lists. I am convinced that 99.9% of the negative feedback left for sellers on eBay is the result of neurotic buyers who have buyers remorse. If anyone else is interested in trading blocked bidder lists, please let me know.</p><p> </p><p>eBay used to be a very friendly way to do business with other collectors, a place for vest coin dealers to sell, or for collectors to sell duplicates from their collection. Not any more, --it appears to me that eBay is determined to continue raising fees and auction rates and otherwise alienating their sellers until an alternative venue is spawned that levels them like a hovel in an 8.8 earthquake. I for one cheerfully look forward to that day!</p><p>Bruce in KC[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 837998, member: 24091"]eBay's insistence that sellers use PayPal has nothing to do with enforcing refund policy, though they will claim otherwise. Forcing sellers to use PayPal is actually all about clipping sellers for an additional 3.5% on each transaction, even if the seller would prefer to not accept electronic payments. The feedback system is more than adaquate for enforcing refunds, --the vast majority of sellers try to insure the transaction is acceptable to the buyer in order to keep his feedback profile at or near 100%. There once were plenty of us, --myself included-- who sold on eBay without accepting PayPal or any other electronic payment. The margins on many items, especially bullion related items, is so small to begin with, that the extra 3.5% commission makes it pointless to sell on eBay. On the more exotic and truely rare items, the absence of an electronic payment option was hardly a deterent to most serious collectors. If they really wanted the coin, they were going to bid on it regardless of payment option provided the seller feedback profile looked good. While I understand there have been plenty of abuses of buyers on eBay (most notably the complete absence of any concern on eBay's part to ban counterfeit items) --the truth is eBay has only one real concern, and that is the bottom-line of their profit and loss statement. They don't care a hoot about the sellers even though they are the source of all --ALL-- of their income. The last straw for me came last summer when a buyer left me negative feedback, then demanded a partial refund before removing the feedback. I complained to eBay that the buyer was using feedback extortion. eBays reply? It's only extortion if the demand for a partial refund is made before the feedback is left. Upon closer inspection of the feedback this buyer had left to other sellers, there were DOZENS of negative feedback left for other sellers, no doubt under similar circumstances, and eBay chose to do nothing about it. When 20% of feedback left by a buyer is negative, clearly there is abuse of the feedback system, yet eBay ignores it as if their amended feedback system is flawless. What might be a nice solution to the problem, would be a clearing house (perhaps here on this site) where other sellers on eBay can share their blocked bidder lists. I am convinced that 99.9% of the negative feedback left for sellers on eBay is the result of neurotic buyers who have buyers remorse. If anyone else is interested in trading blocked bidder lists, please let me know. eBay used to be a very friendly way to do business with other collectors, a place for vest coin dealers to sell, or for collectors to sell duplicates from their collection. Not any more, --it appears to me that eBay is determined to continue raising fees and auction rates and otherwise alienating their sellers until an alternative venue is spawned that levels them like a hovel in an 8.8 earthquake. I for one cheerfully look forward to that day! Bruce in KC[/QUOTE]
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