Sorry, my mistake, I think others in this forum know this brand better than I do and can recommend a service for you.
Anyone Ever Buy and/or Sell on Tradesy?
- Thread starter iluvmybags
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Sorry, my mistake, I think others in this forum know this brand better than I do and can recommend a service for you.
Also random for me, 8 days, 7 days, 9 days. I called and was told it’s bc of security reasons, ya ok. Now I’ll probably be waiting weeks for the funds to actually hit my bank account.
Reporting on my last transactions:
2 days for buyer to receive item
7 days before funds are available
7 days to transfer from T to PP
Total: 16 days (weekends included)
Before:
2 days for delivery
4 days before funds become available
2-3 days for deposit to hit PP from T
Total: 9 days (weekends included)
So basically it’s almost double the wait time. They’re really trying to keep your money for as long as they can. I’m only short 5 days before I reach that 21 day fund release duration. I can definitely see my wait time continue to push towards that 21 day wait period with the way Tradesy has been handling things.
2 days for buyer to receive item
7 days before funds are available
7 days to transfer from T to PP
Total: 16 days (weekends included)
Before:
2 days for delivery
4 days before funds become available
2-3 days for deposit to hit PP from T
Total: 9 days (weekends included)
So basically it’s almost double the wait time. They’re really trying to keep your money for as long as they can. I’m only short 5 days before I reach that 21 day fund release duration. I can definitely see my wait time continue to push towards that 21 day wait period with the way Tradesy has been handling things.
I'm on days 7 and 8 for two of my sales and the money still hasn't been released.
Let us know if they get released soon. Otherwise, do you think they're being returned, hence the longer than usual wait time?
do you know if it's forbidden to create bundles / set of things in one listing? one buyer wants to buy 2 pairs of shoes and I want to use Tradesy label but that would be cheaper and easier to get one label and ship both things in one box. but from the other side what if my bayer wants to return 1 pair and keep the other? do you girls do sets?
For exactly the reason you mentioned (buyer possibly wanting to return one) I’d do separate orders.
I'm getting tired of tradesy. Just recently sold an item last week and the buyer received it on Saturday and my funds are still "PENDING". It's a little ridiculous how I may have to wait 21 days for me to receive my funds. It's strange because I've never waited this long and it usually takes 4 days at most from delivery date.
I read a post somewhere on FB where someone was complaining about the long wait period to receive their payouts. Tradesy responded, saying "you may receive payments within 5 days of delivery and it may take up to 21 days to receive your payout. However, if you are a verified user it can take 36 hours for you to receive your funds" somewhere along those lines.
If my memory serves me correctly, I believe I am a verified user. Yet, I still have not received my funds. I'm just really tired of tradesy at the moment and the fact that they increased their fee percentages AND you still have to pay an additional "fee" to transfer the money.
I hate to admit it, but I think i'd rather stick with poshmark. It's more convenient for me and I can deal with all of the lowballers and sharing parties. Plus, I usually get my money next business day.
I read a post somewhere on FB where someone was complaining about the long wait period to receive their payouts. Tradesy responded, saying "you may receive payments within 5 days of delivery and it may take up to 21 days to receive your payout. However, if you are a verified user it can take 36 hours for you to receive your funds" somewhere along those lines.
If my memory serves me correctly, I believe I am a verified user. Yet, I still have not received my funds. I'm just really tired of tradesy at the moment and the fact that they increased their fee percentages AND you still have to pay an additional "fee" to transfer the money.
I hate to admit it, but I think i'd rather stick with poshmark. It's more convenient for me and I can deal with all of the lowballers and sharing parties. Plus, I usually get my money next business day.
I've bundled, but if the buyer wants to return they have to return everything.
The 8 day one is a pair of shoes, so they could be returned but there is no indication that they are, and the 7 day one is a foreign sale - I kind of expected that one to take longer. I have another that was delivered on the 6th and one that was delivered today. I'm curious to see if these get released on time.
Yeah- I am *definitely* a verified seller and I've never gotten anything in 36 hours.
I think Tradesy is going to regret these changes. If they have cash flow issues at Tradesy, it is not because they are paying sellers too early- it is Tradesy's RETURN policy that is probably killing them. Every online retail platform has the same problem with returns, you can't provide returns and remain in business easily. I remember when Shop-hers used to do returns and then one day, everything was "final sale".
On Poshmark, since you all also sell there- can somebody tell me what I am supposed to do when somebody adds an item to a bundle, but it is the only item they add? What am I supposed to do.... thanks
Right? I don't understand what the point of the 21 day hold period is.. I guess I can understand if it was an international order for it to take that long but even so, 21 days is a very long time. who knows what (some) shady customers do during that time period with the item. I'm always afraid they'll wear out the item and attempt to return it for being faulty.
But as for the Poshmark single bundle, I believe you can send them a private offer without having them send one first. Not sure if there is another use other than that.