Anyone Ever Buy and/or Sell on Tradesy?

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Has anyone purchased from coco-luxury on Tradesy? I searched this thread and saw people discuss “luxury coco” but I believe they are different sellers.

I have, the item was authentic but came with more wear than noted and the snap button closure had a crack in that was not even noted. There were pictures of the snap closure but it was taken at a angle where you could not see the crack, and unless you know there was a crack there you wouldn’t have never noticed it. I will be sure to look at pictures closely and ask questions if you need to before you purchase. Just a notation this was for Chanel Bag.
 
I have, the item was authentic but came with more wear than noted and the snap button closure had a crack in that was not even noted. There were pictures of the snap closure but it was taken at a angle where you could not see the crack, and unless you know there was a crack there you wouldn’t have never noticed it. Be sure to look at pictures closely and ask questions if you need to before you purchase. Just a notation this was for Chanel Bag.
 
Just sold my first item on Tradesy it was Valentino Sandals. I listed it back in August and got a message asking if I would lower the price. I said sure and the lady purchased it. I already shipped it. Hopefully it doesn't take forever to be payed.
 
I wouldn't dare give Tradesy my bank info. They can come back a year after a sale and withdraw funds from your bank account without your knowledge if there is an authenticity complaint

JFC that is scary!! They don't even give you an opportunity to defend yourself against the complaint? Couldn't they do that with your paypal account, as well? Another reason for me to stop selling on tradesy.
 
Has anyone experienced unusually long wait times for funds to hit your bank account after initiating a bank transfer with tradesy? I withdrew funds on 10/29 and they still have not hit my bank account as of today, 11/14. I know they have the correct bank info because I did a few transfers earlier in October and they showed up in my bank account in 11 days (which is already crazy long). I'm on day 16 for this particular transfer, so I'm starting to worry. I have been calling tradesy all day and haven't been able to get through. I also emailed them over 24 hours ago and haven't received a response. Has this happened to anyone else?
Yes, that is why this thread is so active now after being so quiet in the past. My payout times have increased about 3-fold, it used to take less than one week for me to get my funds, now it takes 15 days *at the absolute minimum* (7 days to release funds and another 7 days for funds to show up in Paypal)- any small kink, such as an international sale or transfer to debit card (which takes longer) and you are looking at a month.....
 
JFC that is scary!! They don't even give you an opportunity to defend yourself against the complaint? Couldn't they do that with your paypal account, as well? Another reason for me to stop selling on tradesy.

On another topic, it looks like Thredup isn't sending out any more bags until Jan 18.

hmm- is that also true of paypal, do you happen to know?
With paypal, I think you would have a chance to fight it. When it transfers into your paypal account, it isn't like a sale, it is more like someone just giving you money, so I don't know what kind of protection Tradesy has to snatch it back at sometime in the future.
 
JFC that is scary!! They don't even give you an opportunity to defend yourself against the complaint? Couldn't they do that with your paypal account, as well? Another reason for me to stop selling on tradesy.
My problem is I can't easily find an alternative to Tradesy. I already sell on ebay and even though I am a careful seller, there are lots of scammers- and ebay/paypal's "seller protection" is a JOKE. Lots of people like Poshmark but Posh also has 20% commissions and TONS of lowball offers- and when I say lowball, I mean people offering 20% of my asking price. Seems like a lot of teenagers on Poshmark. Sigh.
 
I wouldn't dare give Tradesy my bank info. They can come back a year after a sale and withdraw funds from your bank account without your knowledge if there is an authenticity complaint
Where did you hear that? Is there something in writing or is it hearsay?

With paypal, I think you would have a chance to fight it. When it transfers into your paypal account, it isn't like a sale, it is more like someone just giving you money, so I don't know what kind of protection Tradesy has to snatch it back at sometime in the future.
I don't think that would be successful.

I'd guess that IF a buyer filed a complaint after a year, paypal might put a hold on the funds (or give the account a neg balance) but that's an automated action AFAIK.

I don't think any site can legally come back after a year and take a withdrawal from your bank account. I know my bank wouldn't release the money without at least checking with me first.
 
Where did you hear that? Is there something in writing or is it hearsay?


I don't think that would be successful.

I'd guess that IF a buyer filed a complaint after a year, paypal might put a hold on the funds (or give the account a neg balance) but that's an automated action AFAIK.

I don't think any site can legally come back after a year and take a withdrawal from your bank account. I know my bank wouldn't release the money without at least checking with me first.

yeah- come to think of it, the payout feature in Tradesy is not tied ot a single transaction- so I don't think it would work for them to withdraw anything.
 
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Where did you hear that? Is there something in writing or is it hearsay?


I don't think that would be successful.

I'd guess that IF a buyer filed a complaint after a year, paypal might put a hold on the funds (or give the account a neg balance) but that's an automated action AFAIK.

I don't think any site can legally come back after a year and take a withdrawal from your bank account. I know my bank wouldn't release the money without at least checking with me first.
I agree, not even that long. the time to dispute transaction is 180 days for PayPal and 120 days for most of the banks. AND they need a proof, they can't just reverse payment.
Someone posted at the beginning of this thread how Tradesy pulled out some stunts taking all the funds for all the sales from the seller's store credit because they claimed she sold fake and therefore all her previous sales were fakes. they could do only for the site credit, she never withdrew her funds.
 
I recently sold a coat on Tradesy and received the funds in 6 days (still waiting for the paypal transfer). But I just discovered, from looking at the "sold" items in my closet, that the buyer returned it. Tradesy is selling it for the exact price I sold it for. Every time I see a return that Tradesy handles, it makes me thankful for Tradesy - because this on ebay would have been a nightmare. I usually sell with no returns, after being scammed too many times, but then those that want to return anyway will make up a NAD claim, and sometimes even damage the item in the process.
 
The paypal transfers are a complete joke, ive been waiting forever for some of my money. their automatic email response used to be 24hrs and now its 48. that's ON TOP of the phones not being answered. Sales have been super slow but my prices are so high I wouldn't buy it either lol so much for the perks of the commission increase!
I had no sales for about two weeks, then 3 sales in one day and back to nothing. weird.
 
The paypal transfers are a complete joke, ive been waiting forever for some of my money. their automatic email response used to be 24hrs and now its 48. that's ON TOP of the phones not being answered. Sales have been super slow but my prices are so high I wouldn't buy it either lol so much for the perks of the commission increase!
I had no sales for about two weeks, then 3 sales in one day and back to nothing. weird.
I did really well in October compared to ebay. My last sale was November 5. It's been slow for me on all sites. I still have one sale that hasn't been released - it's day 14. Absolutely no reason other than foreign; they can't return it. I suspect it won't be released until the last day.
 
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