Anyone Ever Buy and/or Sell on Tradesy?

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Heading into the last few weeks of the year, I’ve been pleasantly surprised that funds have been released within the 7 day timeframe, didn’t even have to email cs to nudge them.

here’s to health and prosperity in 2020 for everyone!
 
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Heading into the last few weeks of the year, I’ve been pleasantly surprised that funds have been released within the 7 day timeframe, didn’t even have to email cs to nudge them.

here’s to health and prosperity in 2020 for everyone!
I think my last two releases took 10 days, and my two last two transfers took 9 days. I'm on day 4 of my most recent sale.
 
Heading into the last few weeks of the year, I’ve been pleasantly surprised that funds have been released within the 7 day timeframe, didn’t even have to email cs to nudge them.

here’s to health and prosperity in 2020 for everyone!
Consider yourself lucky. The last release took 16 days and I'm on day 15 and waiting for the next one. I don't think there's any rhyme or reason how these get released.
 
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I have been selling on and off for a year or so, never really had an issue other than the fact they hold on to your $$ forever. Decided to list a bunch fo stuff that Was about to just give to goodwill. Anyway sold Prada boots for $150 (they retail for $1000 and they had a lot of wear in them) and got an email saying it was being returned to me since they could not determine a fair market value. Called said it was fine as long as I wasn't out of the $20 I payed for shipping. First they offered store credit which I said no then I was told they couldn't do anything since I was sent a shipping kit, I was NOT sent a shipping kit they didn't have any tracking for this kit they said they sent or anything. They said since they sent me a kit they hat no tracking off they counldn't refund me at all. I'm DONE
 
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I have been selling on and off for a year or so, never really had an issue other than the fact they hold on to your $$ forever. Decided to list a bunch fo stuff that Was about to just give to goodwill. Anyway sold Prada boots for $150 (they retail for $1000 and they had a lot of wear in them) and got an email saying it was being returned to me since they could not determine a fair market value. Called said it was fine as long as I wasn't out of the $20 I payed for shipping. First they offered store credit which I said no then I was told they couldn't do anything since I was sent a shipping kit, I was NOT sent a shipping kit they didn't have any tracking for this kit they said they sent or anything. They said since they sent me a kit they hat no tracking off they counldn't refund me at all. I'm DONE
You spent your own money for shipping? Why? If you use the label or shipping kit, they pay for it, and it is only $10.50. Then they pay shipping both ways and you aren't out anything. The only time I ship on my own is when I can ship first class. I wonder if I'll lose that if I get a return.
 
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I had a flurry of Tradesy sales in the last week. I'm not as active of a seller than I used to be, so 5+ sales in a week on Tradesy is unusual.

Then I got their email that they are now charging tax. I figure people got their orders in before this change. Too bad, I think the sales tax issue brought a lot of traffic for individual resellers. CA sales tax is 10%, so buying off Tradesy was a 10% discount on tax alone last year.
 
I made several large purchases before Tradesy started to charge the appropriate "tax"
& to be rather candid I would have thought twice about the purchase. i might have even asked the
seller for an incentive to make the purchase explaining how the tax adds an additional %, but I didn't have to
The addition of tax can make one think twice, IYKWIM
 
*Poshmark rant*
Whatever people complain about Tradesy, I think of Poshmark.
To me, Poshmark is the worst platform for a reseller- with high fees, extreme shipping costs (which PM makes money on) and a user base that thinks $25 is a lot of money.

I listed a used excellent condition Vince cashmere sweater on Posh for $68. Retail $275.

This posh buyer bids less than half of asking and continually ups her offer by ONE DOLLAR- I don't have time to barter for $5, so I ignore her and she msgs me on the item to please reply with a counter offer.
WASTE.OF.TIME

you listed item at $68
xxx offered $33
you counteroffered $55
xxx counteroffered $38
xxx offered $39

Expired Jan 13 08:25AM
xxx offered $40
Expired Jan 26 09:21AM
xxx offered $45
Expired 6 hours ago
xxx offered $45
Expires in 20 hours | Earnings $36
xxx can you make a counteroffer?
4 hours ago
 
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I had a flurry of Tradesy sales in the last week. I'm not as active of a seller than I used to be, so 5+ sales in a week on Tradesy is unusual.

Then I got their email that they are now charging tax. I figure people got their orders in before this change. Too bad, I think the sales tax issue brought a lot of traffic for individual resellers. CA sales tax is 10%, so buying off Tradesy was a 10% discount on tax alone last year.
Actually it isn't 10% for all of California. State sales tax is 7.25%. Some, but not all, individual municipalities add local tax to that. I think the highest tax rate in California is 10.25%. Since I don't live in LA, I hate it when someone charges me the LA tax rate instead of the proper rate for my address.
 
*Poshmark rant*
Whatever people complain about Tradesy, I think of Poshmark.
To me, Poshmark is the worst platform for a reseller- with high fees, extreme shipping costs (which PM makes money on) and a user base that thinks $25 is a lot of money.

I listed a used excellent condition Vince cashmere sweater on Posh for $68. Retail $275.

This posh buyer bids less than half of asking and continually ups her offer by ONE DOLLAR- I don't have time to barter for $5, so I ignore her and she msgs me on the item to please reply with a counter offer.
WASTE.OF.TIME

you listed item at $68
xxx offered $33
you counteroffered $55
xxx counteroffered $38
xxx offered $39

Expired Jan 13 08:25AM
xxx offered $40
Expired Jan 26 09:21AM
xxx offered $45
Expired 6 hours ago
xxx offered $45
Expires in 20 hours | Earnings $36
xxx can you make a counteroffer?
4 hours ago
Tell her that for her, the price is $68.
PM shipping costs are the cheapest of any of the sites that offer shipping that I can think of, as long as you are selling heavier items such as purses. For lightweight items, it is a shame they don't have a cheaper first class option. I agree that their fees are too high and the buyers are extreme bargain hunters. That's one thing I like about Tradesy. I rarely get anyone asking for me to lower the price.
 
I had a flurry of Tradesy sales in the last week. I'm not as active of a seller than I used to be, so 5+ sales in a week on Tradesy is unusual.

Then I got their email that they are now charging tax. I figure people got their orders in before this change. Too bad, I think the sales tax issue brought a lot of traffic for individual resellers. CA sales tax is 10%, so buying off Tradesy was a 10% discount on tax alone last year.
Taxes have been implemented on Tradesy since Sept/Oct. the email tax reminder is at least the second or third time since then. buyers have gotten used to the idea by now, it is what it is and no way to avoid it nowadays.
 
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I used to sell LV bags on Tradesy. At first they were GREAT,(approx 2-3 years ago). Commission was 9%+2.9% to PayPal and the payout time was within 72 hours from bag delivery and the transfer time to my PayPal account was within 60 minutes once I initiated it. A few months after I was selling I got an email saying commission was being raised to 13.9%. Not great but I was still ok. It was at that point that payout started lagging. At first it was a week before funds were released, then 2 weeks. Then another email raising the tradesy commission all the way up to 19.8%+2.9% to PayPal. It was unbelievable how they could increase so rapidly in such a short span of time. Even though commission was so high their email pointed out that they would not penalize the seller if a buyer returned the merchandise. Rather Tradesy would re-sell it and the seller got to keep the funds. That was huge for us sellers and I think many continued to sell even w the exorbitant commission for that reason alone. Now they never keep the merchandise. instead they use a bogus excuse that they couldn't find "fair market price" for the item no matter what the item is or condition.
My reason for severing ties was Tradesy's shady payout scheme. The last LV bag I sold with them was approx a year ago. My funds were not released for 23 days. Are you kidding me? 23 days!! They only allow a buyer 3 days return policy so they know the buyer is keeping it after 72 hours. Why on earth would they keep my funds for an add'l 20 days? Also, I had to wait another week for the PayPal transaction to process. All in all it was almost a month before I got paid. At that point I was done. I have to believe that something very shady is going on to hold sellers funds for 30 days. Either collecting interest on it or using it to cashflow the dying business. In any event, be very careful. If Tradesy files bankruptcy while your funds are being withheld, you are not seeing your money ever again. This company is corrupt. Say what you will about Ebay but at least they are fair with their commission scale and payout is immediate.

I don't think Tradesy's commissions were 9% two or 3 years ago. That must have been more like 6 years ago. I've been selling on Tradesy since 2015- they had higher commissions than ebay's 15% the entire time that I have sold on Tradesy.
But as you say, back then - Tradesy handled returns which was HUGE. And commissions have gone up.
 
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