No Sellers willing to do COD anymore???


I first got into this hobby about 4 years ago (at least in terms of owning "high end" equipment).......one of the main ways I was able to do that was by buying almost everything used. My speakers (B&W M802's) I found used at a local audio dealer, & after that, bought most of the rest of my system from private sellers thru Audiogon, always doing COD, which seemed almost SOP at that time.

Now, most sellers INSIST on Cashier's Check upfront, end of discussion. And I admit, when I'm selling items long distance, it would be nice to be able to impose that, but the last time I tried that when listing something FS, no one was willing to do that. Am I missing something? Would anyone ship their expensive audio stuff to someone just relying on their word that they'd then send them the $$$?? It seems too one-sided now......even with all the potential pitfalls of COD; at least it's sort of equal for both parties. Thanks for any input!
steveaudio

Showing 2 responses by ucmgr

I would think that anyone would prefer to ship something COD, specifically FedEx. Yes, it's more costly, but the stuff usually gets there more quickly and is handled more safely too! Additionally, the seller gets his certified funds the next day after the buyer has received his equipment. I prefer to both buy and sell on COD. I've always requested speaking with the individual in person first and required a fax copy of the certified funds prior to shipment. I've offered to do the same when purchasing and so far it has worked quite successfully. As others have said, there's usually a factor of trust that's involved in any transaction, whether it be in person or here on the web. If you don't feel comfortable doing business with someone, then don't. Consistent positive
feedback will give some degree of comfort to buyers and sellers, but you can possibly still get burned if you don't follow good business sense. Remember, most of us are doing this for the love of music and the pursuit of buying equipment that allows us to enjoy it more. Be kind, be professional, be courteous, and above all, be honest.
Just a question... To all of you who seem to be so adverse to selling COD, what makes you sellers think that you can be trusted to send the item(s)that we might have paid for in advance? If you take my money, what are you giving me in return? Maybe a promise that you'll ship my goods? I've been fortunate. Most every transaction I've been involved with has gone very smoothly. I can't ever remember someone telling me that they wouldn't do COD, nor have I refused when asked or better yet, preferred it be done COD. I guess we all have a preferred way of doing business and that's the way it should be. If you don't want to let me buy your equipment COD, then I guess we're both out of luck. I just might be the best customer you chose not to do business with!!!