PayPal Friends & Family listings. Why is this becoming so common?


I think most sellers now realize they are not going to have a taxable profit. 

The F&F listings at market price don't seem to sell. 

It seems like buyers demand around a 20% discount to take on the added risk of F&F. 

I'm really just curious to hear what buyers & sellers think of this practice.  

seanheis1

Showing 1 response by audphile1

When I buy using F&F I have a phone conversation with the seller, ask for additional pictures to be texted to my cell, check feedback and research the seller including what they do for a living, their LinkedIn profile etc. I also do not sell to buyers with 0 feedback using G&S due to possibility of fraud and chargebacks. And I do not buy from sellers with 0 feedback. I never had a problem. If I do not trust the sellers I either request to use PayPal G&S or don’t buy from them.
 

I have bought and sold a ton on AG and USAM using F&F without issues.