That is why the best policy is to donate it to a neighbor kid who will appreciate it and go on to be an audiophile much like yourself.
Has anyone sold over $35k worth of equipment over the net? How do you protect yourself?
I currently own a Moon 861 amp. I am considering buying a Moon 891 preamp/streamer. Sometimes, I get a bit nervous owning this much in gear. If I ever wanted to sell it, we are talking about $35k payment through paypal or a like service. I read where a buyer could dispute the transaction with their bank even if they bought it through paypal (or zelle) and the seller would lose the money.
Has anyone else sold this much in gear before over the net? How do you handle this kind of risk?
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@dman777 I have sold several high end items over the internet. My rules are as follows: 1. Open communication with buyer and move to phone and video chat, where they can see me and the equipment. 2. Have the buyer check me out on Audio Mart. 100% satisfaction rating. There needs to be a level of trust 3. I only accept payment as a direct bank to bank wire transfer. By this time the buyer will have seen the item ready for pick-up and will have been provided the shipping quote and details. 4. Nothing leaves my hands before full payment is in my account. Once a transfer has been made and deposited, it can't be clawed back. I have never had an issue being paid and the buyer has never had an issue after purchase. Naturally I ship fully insured. Cheers. |
It’s common for audiophiles buy used gear Audio dealers sell online all the time We cannot control the behaviors of others including dishonest buyers. It’s the risk we all must bare. The alternative is to do nothing, then nothing will be accomplished. We accept the risk in order to move forward AND not live in fear. Maybe sell to a dealer or business like TMR which would lower your risk, but at a cost- nobody works for free. The OP seems overly fearful of getting burned when selling. The risk will always be there, but the fear is optional. |
I just sold a piece of gear through TMR and found it to be a very satisfactory process. The equipment sold quickly and this is one way to insulate yourself from having to deal with after the sale issues. It comes at a price, of course, because the TMR commission is pretty stiff. TMR provides a good service, however, and for me it’s worth it, for others maybe not. But it is a way to eliminate the buyer issues that OP is concerned about |
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