Anyone Ever Buy and/or Sell on Tradesy?
- Thread starter iluvmybags
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I think there is a good chance they will resell it themselves. Are you saying the buyer never picked it up and the post office is returning it?
Yes, after 2 weeks. I always inform buyers when I confirm sale that signature is required for items over $500. then I emailed her after attempted delivery, then Tradesy also emailed her. Tracking says they are shipping the package back after 2 weeks which is on Sat.
Congrats on being a VIP seller -- let us know what that means. I have been tracking the amount of time it takes from asking for a transfer to bank account to actually receiving it since the beginning of this year --- the shortest for me has been 10 days with the average taking 12 days!!! Even had some with 14. There have been 11 such transfers since January and the timeframe is not getting any shorter as they have been leading us to believe.
yes that is my experience. Transfers are taking longer for me in 2018 vs 2017. The funds release seems about the same for me, but the time it takes to get to paypal is taking FOREVER for me. 7 business days minimum now which is 9 days minimum and sometimes up to 12. At the end of the day it is taking one month minimum for me to get my money from tradesy when I make a sale.
At this point, if I sell something on tradesy that has some interest on ebay, I always regret selling it on tradesy a little because of the high commissions and huge wait time to get cash. there are some advantages to selling on tradesy, yes but the downside is compelling also.
The funds release is what is taking longer for me. I'm on day 10 now for an item that was under $50 so can't be returned.
you were right, Tradesy released my funds. I emailed them and asked to mark it as delivered on the date of delivery attempt. now fingers crossed they won't reverse payment and return the bag to me when they receive it.
I’m on day nine, called this morning and still no answer as to when my funds will be released. So frustrating with their scripted response. “ our policy is it takes up to 21 days to have your funds released. We have security measurements in place and the funds automatically release” and when I requested to have the funds released today they said that’s not possible, funny I’ve had them do it before. I also got the scripted response “ we’re working on trying to get funds released faster.” Yeah right I’ve been hearing that for six months now. [emoji849]
The bag I sold was delivered 3/5 and by the end of the Paypal transfer it was 4/3. So, 2 days short of a month. The PP transfer took 9 full days. The only reason I like Tradesy is because there is no visible feedback... one of the things I dislike about ebay is how hard you can/do work to get 100% and the buyers can leave whatever feedback they want and affect your rating.
I don't worry about feedback much on ebay. I have 100%. I worry more about being forced to take a return. Most unhappy buyers would prefer to force you to give a refund rather than just give bad feedback. With every ebay sale I have to worry until my buyers have had their items awhile and I haven't heard anything, before I can relax. Of course, on Tradesy I have to worry about Tradesy deciding to return an item to me.
By the way, the item that Tradesy returned to me - I resold it on ebay with the same description and measurements (which Tradesy said were wrong), and the buyer loves it.
Actually - it looks like WE PAY for this useless styling service because the coupon is for $50 off the first appointment - It is ridiculous. Are you supposed to pack your stuff and cart it all over to a "stylist" who will then pick and choose what they want? I just don't understand what this "service" is supposed to be.
So we pay for them to select our items for sale, then they sell it from Tradesy closets and take some huge consignment commission. I wonder how much that would be 60% or so?
Yeah - I can't see how this is of any benefit to anyone except Tradesy & the stylists I guess they pay a salary or maybe a % of what they sell. It is kind of like Thredup I guess - and I never saw how THAT worked out well for anyone except them or the "donation site" they claimed to donate rejected items too.
yep, this business model is so messed up. unlike thredup it's economically feasible if sellers have to offer some expensive items, not just worn out tees. then why do I need help with luxury brands that I can sell/consign myself? it works only for people who get free stuff like celebs in LA, but competition among stylists there is HUGE. This acquisition was a good exit strategy for Fitz founder Alexandra Wilkis Wilson (she was also behind Gilt, sold it to Saks and it went downhill since). I can see how it's smart move for her, not for Tradesy.