Anyone Ever Buy and/or Sell on Tradesy?

[LVmyotherbaby]

No they didn't take it out of my bank account, I don't believe that's possible. They reversed it, meaning they put a negative on my Tradsey balance.

I guess that's what they will have to do with me because they cleared my funds long ago & it's been in my personal bank account for a while now & I was wondering how they were going to get the money from me since it is already deposited in my account as they cleared my funds after their 4 day return window. Craziness I tell you!

 

[GemsBerry]

No they didn't take it out of my bank account, I don't believe that's possible. They reversed it, meaning they put a negative on my Tradsey balance.

but they did it to me, saying oh, we are sorry we "reversed" your payment on Mon, but funds were not actually deposited until Friday. they took $1K from my account even before I got email about return.

You have got to be kidding me! MONTHS after??? How is that fair to those of us honest sellers with authentic items? This person has now had my bag for 2 weeks now & it was in Like new condition, and they are giving them 10 days before they need to ship it back to them, so this person can be using & abusing my bag this whole time, get to return it after & I have had no bag for weeks, and possibility of having the money withdrawn in top of it all. After this experience I am done with selling there! This website does not conduct themselves as an honest, or professional company! I better get my same bag back in the exact condition I sold it, like new! I am pretty

as far as I remember the customer said that went to boutique and claimed the bag was fake months later. Tradesy allowed her to return it and pulled back the funds from seller. they have it in their TOU. what's scary it can be not the same bag. it's not fair to sellers, but so far it's the best place to sell so we just suck it up.

 

[NANI1972]

but they did it to me, saying oh, we are sorry we "reversed" your payment on Mon, but funds were not actually deposited until Friday. they took $1K from my account even before I got email about return.

as far as I remember the customer said that went to boutique and claimed the bag was fake months later. Tradesy allowed her to return it and pulled back the funds from seller. they have it in their TOU. what's scary it can be not the same bag. it's not fair to sellers, but so far it's the best place to sell so we just suck it up.

It was already in your bank account?

 

[GemsBerry]

It was already in your bank account?

nope, I transferred funds on Fri (when they were released on 4th day as usual). on Mon my personal funds were taken, Tradesy hasn't processed the transfer until the next Thu. I know the timeline because I was sending them emails every day and finally they explained what happened and said it wouldn't happen again. now I also know why it takes so ridiculously long for transfers, they just hold funds for several days after you click "transfer".

 

[NANI1972]

nope, I transferred funds on Fri (when they were released on 4th day as usual). on Mon my personal funds were taken, Tradesy hasn't processed the transfer until the next Thu. I know the timeline because I was sending them emails every day and finally they explained what happened and said it wouldn't happen again. now I also know why it takes so ridiculously long for transfers, they just hold funds for several days after you click "transfer".

Yes, that's exactly what I was saying they reversed the payment on me too. The way you responded to my quote I thought you meant they actually took it out of your bank account.

 

[nicole0612]

Yes, that's exactly what I was saying they reversed the payment on me too. The way you responded to my quote I thought you meant they actually took it out of your bank account.

I think that is what she is saying.

She started the process to deposit the funds to her bank account, but it took days for Tradesy to complete the transfer.
In the meantime, Tradesy withdrew the same amount out of her bank account.
Later, the deposit from Tradesy cleared and was deposited into her bank account.

 

[NANI1972]

I think that is what she is saying.

She started the process to deposit the funds to her bank account, but it took days for Tradesy to complete the transfer.
In the meantime, Tradesy withdrew the same amount out of her bank account.
Later, the deposit from Tradesy cleared and was deposited into her bank account.

Yep I fully understand what she's saying....

 

[GemsBerry]

I think that is what she is saying.

She started the process to deposit the funds to her bank account, but it took days for Tradesy to complete the transfer.
In the meantime, Tradesy withdrew the same amount out of her bank account.
Later, the deposit from Tradesy cleared and was deposited into her bank account.

Yep I fully understand what she's saying....

Right, so Tradesy actually has power to "reverse" payment and take funds directly from your bank account not just Tradesy balance. for that reason it's good to keep an empty account associated with Tradesy and disable overdraft there.

 

[HandbagDiva354]

Sigh...

I just sold my most expensive handbag. 10 minutes after I confirmed the sale the buyer asks me what shade of grey the handbag is. The bag is not grey. The color is clearly shown in the item title. I tell her it is not grey now she wants to cancel the sale.

 

[alwayscoffee89]

Sigh...

I just sold my most expensive handbag. 10 minutes after I confirmed the sale the buyer asks me what shade of grey the handbag is. The bag is not grey. The color is clearly shown in the item title. I tell her it is not grey now she wants to cancel the sale.

I think it's an excuse, I would still ship. She needs to ask these questions before.

 

[NANI1972]

Right, so Tradesy actually has power to "reverse" payment and take funds directly from your bank account not just Tradesy balance. for that reason it's good to keep an empty account associated with Tradesy and disable overdraft there.

But it's not really from your bank account, if it hasn't actually been deposited into your account. It's still in virtual limbo so they can reverse the payment before it actually gets deposited into your bank account.

 

[Catbird9]

Sigh...

I just sold my most expensive handbag. 10 minutes after I confirmed the sale the buyer asks me what shade of grey the handbag is. The bag is not grey. The color is clearly shown in the item title. I tell her it is not grey now she wants to cancel the sale.

How aggravating!

I think it's an excuse, I would still ship. She needs to ask these questions before.

Even though you're probably right, why force the sale? Buyer will probably just return it, seller will have to wait for her to return it, hopefully in the same condition sent, within a reasonable amount of time, all of which is totally in the buyer's control. Not worth it. I'd cancel the sale.

 

[HandbagDiva354]

I don't mind canceling the sale but something like this happens at least once a week and if Tradesy is going to penalize me for it I'd rather not do it.

Do you think Tradesy would return the bag to me? I described it accurately so why wouldn't they take the return?

 

[alwayscoffee89]

I don't mind canceling the sale but something like this happens at least once a week and if Tradesy is going to penalize me for it I'd rather not do it.

Do you think Tradesy would return the bag to me? I described it accurately so why wouldn't they take the return?

I would not cancel it. I would send it, take video, put a security tag on it and have the buyer return it for a credit and she can get what she wants with it. Tell Tradesy the situation so they mark it in your account.

 

[HandbagDiva354]

I think it's an excuse, I would still ship. She needs to ask these questions before.

I think so too. I told her she should've asked questions before purchasing. If she had asked before I confirmed the sale then I wouldn't mind but I think she is just going to have to return it to Tradesy. This happens too often.