Buyer protection question


I notice that many Audiogon sellers do not accept payment via Paypal; they request a money order or personal check. When paying this way, how does a buyer protect himself from the seller simply cashing the check and not shipping the product? I know there are escrow services, but almost no one on Audiogon seems to use them. Thanks.
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Showing 1 response by kevziek

I agree with Swampwalker. Getting a verifiable phone number, esp. work number, and name & address. Talk to the person and get a feel and go with your gut. Obviously feedback is important. I would never prepay if there is only little or no feedback. It's just too big a risk, unless it's a small amount. I broke my rule by prepaying $60 cable, but I spoke to the guy first and felt comfortable. The cable was exactly as he described it. COD is probably best, but there is the risk of the buyer rejecting the package. I had this happen a number of years ago from a Stereophile ad I placed. But that was the only time.

I agree, that as a Seller, I much prefer prepayment. But there are many buyers afraid of this, even when you have great feedback. I think most 'Gners with lots of good feedback are a pretty good risk, though.