Does anyone use Poshmark?

[OogleAtLuxury]

It's true for every selling site so if you want to sell, you'll have to report on your taxes for every site you sell on if you go over $600 on that site. You can deduct your costs when you file your taxes so it doesn't mean you'll have to pay any extra tax.

Of course, but accounting for costs to exactly outweigh sales is a great way to get audited at higher income levels. Even if everything I account for is above board (which it would be) the cost of the accountant and/or lawyer to deal with the audit will exceed $600.

My current strategy is simply to sell below the $600 limit (although Poshmark counts canceled orders to that limit, so may have already exceeded it) and then switch to a different platform (e.g. Mercari).

Of course, I don't sell Chanel bags. I'm talking Coach or Kate Spade.

 

[GemsBerry]

Now I'm worried about Poshmark too. It was just sold to a Korean big tech company and will turn private and will be delisted from the stock market.

 

[nicole0612]

Now I'm worried about Poshmark too. It was just sold to a Korean big tech company and will turn private and will be delisted from the stock market.

I saw this posted on IG, but I’m surprised no one is talking about it. I would like to know more about the implications.

 

[whateve]

Now I'm worried about Poshmark too. It was just sold to a Korean big tech company and will turn private and will be delisted from the stock market.

I hope it doesn't change much. That is my most successful platform. I sell all kinds of things on there, not just fashion. I just sold some dolls. Not a ton of money but it makes me feel better than donating everything.

 

[coloradolvr]

Has anyone used this seller:

@vtgimage​

I purchased an Hermes Maxi twilly 6 days ago and have not received a shipping notification. I messaged three times with no response. I know I have 7 days to contact Poshmark to hopefully get my payment returned. I am sad as it is a twilly that I really wanted. What's odd is that is shows she was active on October 31st so should have seen my purchase and messages. I am taking into account that there was a weekend and Halloween.

Just looking for a positive experience with seller to remain hopeful!!

 

[atlcoach]

Has anyone used this seller:

@vtgimage​

I purchased an Hermes Maxi twilly 6 days ago and have not received a shipping notification. I messaged three times with no response. I know I have 7 days to contact Poshmark to hopefully get my payment returned. I am sad as it is a twilly that I really wanted. What's odd is that is shows she was active on October 31st so should have seen my purchase and messages. I am taking into account that there was a weekend and Halloween.

Just looking for a positive experience with seller to remain hopeful!!

No, but I just looked at her closet. Read the comments on the Golden Goose sneakers showing as sold. There are several people commenting about not receiving their purchases and having to cancel to get their money back.

 

[coloradolvr]

No, but I just looked at her closet. Read the comments on the Golden Goose sneakers showing as sold. There are several people commenting about not receiving their purchases and having to cancel to get their money back.

Thank you for responding. I didn't see a way to check feedback, but now I see that you have to click on comments. I have submitted my request to cancel order. Thank goodness it is within the timeframe I can hopefully get my refund! Thank you so much for your help!

 

[GemsBerry]

Thank you for responding. I didn't see a way to check feedback, but now I see that you have to click on comments. I have submitted my request to cancel order. Thank goodness it is within the timeframe I can hopefully get my refund! Thank you so much for your help!

After 7 days if the item is not shipped you can cancel the order and get the refund yourself from the order page.

 

[coloradolvr]

Has anyone used this seller:

@vtgimage​

I purchased an Hermes Maxi twilly 6 days ago and have not received a shipping notification. I messaged three times with no response. I know I have 7 days to contact Poshmark to hopefully get my payment returned. I am sad as it is a twilly that I really wanted. What's odd is that is shows she was active on October 31st so should have seen my purchase and messages. I am taking into account that there was a weekend and Halloween.

Just looking for a positive experience with seller to remain hopeful!!

I just wanted to update my post to say that I did receive my order from @vtgimage. Unfortunately there was a death in the family so understandably they were dealing with that, rather than paying attention to their Poshmark sales. I tried to be understanding in my communication with them thinking that given they were in Florida perhaps it was weather related. They received some pretty unkind comments. I wish people would stop and take a deep breath before jumping to conclusions. The world is difficult enough right now! I am so happy with my new to me Hermes twilly!

 

[youngster]

I sold an item and shipped it the next day. It arrived Monday but the buyer has gone silent, hasn't accepted it, and so the money has not been released to me.

Poshmark says that if a buyer does not take any action, they will release funds automatically after 72 hours. Well, it's been 72+ hours and no funds are in my account. They still show as pending.

Anybody have similar experience? Does it take more than 72 hours? I've reached out to customer support but I don't expect to hear back for at least 24 hours.

 

[PikaboICU]

I sold an item and shipped it the next day. It arrived Monday but the buyer has gone silent, hasn't accepted it, and so the money has not been released to me.

Poshmark says that if a buyer does not take any action, they will release funds automatically after 72 hours. Well, it's been 72+ hours and no funds are in my account. They still show as pending.

Anybody have similar experience? Does it take more than 72 hours? I've reached out to customer support but I don't expect to hear back for at least 24 hours.

My guess is it will release tomorrow. If they count; Tues, Wed & Thur that's 72 hours so it will likely release on Friday.

 

[atlcoach]

I sold an item and shipped it the next day. It arrived Monday but the buyer has gone silent, hasn't accepted it, and so the money has not been released to me.

Poshmark says that if a buyer does not take any action, they will release funds automatically after 72 hours. Well, it's been 72+ hours and no funds are in my account. They still show as pending.

Anybody have similar experience? Does it take more than 72 hours? I've reached out to customer support but I don't expect to hear back for at least 24 hours.

I've noticed it is typically 72+ hours from the time Poshmark's system shows it as delivered to the buyer.

 

[GemsBerry]

I sold an item and shipped it the next day. It arrived Monday but the buyer has gone silent, hasn't accepted it, and so the money has not been released to me.

Poshmark says that if a buyer does not take any action, they will release funds automatically after 72 hours. Well, it's been 72+ hours and no funds are in my account. They still show as pending.

Anybody have similar experience? Does it take more than 72 hours? I've reached out to customer support but I don't expect to hear back for at least 24 hours.

It's 72 hrs since delivery time PT. if it's delivered ET, it'll take additional 3 hrs because they don't adjust time zones and all events are automatically counted as PT because the company is in CA.

 

[chowlover2]

I have only bought, but have had good luck there.

 

[FlairBear]

I sold an item and shipped it the next day. It arrived Monday but the buyer has gone silent, hasn't accepted it, and so the money has not been released to me.

Poshmark says that if a buyer does not take any action, they will release funds automatically after 72 hours. Well, it's been 72+ hours and no funds are in my account. They still show as pending.

Anybody have similar experience? Does it take more than 72 hours? I've reached out to customer support but I don't expect to hear back for at least 24 hours.

It will be released unless the buyer files a return claim and poshmark agrees with their claim. I have run into this situation many times. I have always gotten my money.