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.

seanheis110-25-2024 4:38am

cleeds Details Discussions Posts This discussion Message User 5,951 posts 10-25-2024 at 12:54pm Copy Comment URL Report Comment Edit Delete I don't take seriously any seller who insists on F&F.
testpilot Details Discussions Posts This discussion Message User 938 posts 10-25-2024 at 01:00pm Copy Comment URL Report Comment Edit Delete Some sellers don"t trust PayPal's buyer's protection policy where they always (reportedly) side with the buyer regardless of circumstances. PayPal's "Friends and Family" does not afford the buyer with any protection.
abnerjack Details Discussions Posts This discussion Message User 207 posts 10-25-2024 at 02:47pm Copy Comment URL Report Comment Edit Delete Many are afraid of the IRS 1099 reporting requirements.
lak Details Discussions Posts This discussion Message User 4,640 posts 10-25-2024 at 03:35pm Copy Comment URL Report Comment Edit Delete Many buyers and/or sellers don't want to pay the additional cost involved with a regular PayPal transaction.
dayglow Details Discussions Posts This discussion Message User 1,907 posts 10-25-2024 at 04:36pm Copy Comment URL Report Comment Edit Delete @cleeds +1