Best way to be paid

Besides for cash, what is the preferred way to be paid when selling a hull to someone across the country? I'm worried about shipping the hull and then the buyer canceling the check/money order

Thanks


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Tyrant1919

Site Supporter
Location
Washington, DC
Check or USPS money order. Wait for that check to clear. Paypal is great for the buyer, because there's no risk for them. Paypal is horrible for the seller. I'd only sell something high dollar via cash or check/money order.
 
When my wife sold her car we met at the bank so that we could take the buyers cashiers check and pay off her loan. The bank would even accept it because of the high amount of fraudulent ones being produced these days. Since then I refuse to accept them on anything unless i wait for them to clear.
 

CRJ

Hibernating
Location
Toronto
well, with paypal your pretty secure. When im selling something i want the transfer up front. paypal works great till you need to make a claim to someone who has emptied their account and linked bank account. Without a credit card paypal has nowhere to pull money from to refund you.
 

Vumad

Super Hero, with a cape!
Location
St. Pete, FL
I understand the concerns with buyer protection, but i personally would never wire a large sum of money to anyone, even those who i have known here for years. A smat forum troll would know to hack a well known account that is on hiatus and start sending pms (i can think of a few right off the top of my head, but you can see number of posts, number of likes and last post on the forum stats). Its not like this is a secure server with multiple password layers. Our password here can be 2 lower case letters and that is it. Some a hole in another country with nothing better to do could easily phish a password and set up an american bank account. People are stealing whole houses using fradualant paperwork then liquidating the equity via fraudulant bank loans, and they do that in person (see adverse domain). Scamming you out of a wire transfer is pretty simple.

Personally, i cant afford a loss of a sale gone south. That is why i refuse to ship my sxr to even repitable buyers (dont take it personally guys, we have a big market here, im not motivated to ship). But, if i did cave and ship a hull or ski, id feel safe using paypal. Pictures are your friend. Take pictures of everything, videos of it running or floating if applicable, pictures of crate construction a d the item in the crate as it is sealed, and tracking numbers including shipping receipts with weights.

Thee are paypal horror stories, and i personally have not experienced one, but ive never heard of a seller with all their ducks in a row getting the shaft.
 

Kohldanielzimmer

Sierra Nevada Runoff Rider
Site Supporter
Location
Ahwahnee, CA
Paypal seems to protect the seller more than the buyer (just an observation, I'm not certain of this) and I wouldn't want to make that gamble with 6K+. Every wire transfer that I have made was done directly with the seller by direct contact, not PMs on the X. The bank can confirm the identity of the account as well. However, I understand your concern; exercising caution with electronic communications and transfers of money is becoming ever more important and thieves are getting more sophisticated/savvy by the day.
 
I do this quite often, do a bank to bank transfer and wait for it to clear, doesn't take long and can go international too. If you are worried about security talk to the buyer by phone, get the phone# and you be the judge if it seems fishy. Only problem I have had was a seller not sending my cart with my ski, so once I got screwed, otherwise I have never had a problem.
 

DAG

Yes, my balls tickled from that landing
Location
Charlotte, NC
Western Union Money Order
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