Safe audiogon transactions; lowering the bar.


It appears to me that a large number of people send bank
checks / money orders to pay for used equipment sight
unseen. Most private sellers insist upon this form of
payment. The culture appears to require buyers to take
significant risk in order to benefit from lower prices.

Although this is not surprising in itself, it seems to me
that Audiogon could preserve the long term health of this
website, and its priviledges with more proactive policies.

e.g. providing guidelines on how to conduct a proper
transaction; a list of important questions to ask,
what the seller / buyer should have in writing before
a transaction should proceed, and perhaps provide a
summary of the most common problems which develop between
sellers and buyers.

There are nagging questions: Who owns the equipment once
it has been shipped? Who should be insured?

Perhaps some experienced sellers and buyers would share
their own approach to transactions on this site and how
they get people to put their best foot forward despite
themselves.
hindemith

Showing 1 response by phild

I've gone with the Money Order route since I read (here somewhere) that using a USPS money order and sending it via USPS allows you the protection of the USPS and their mail fraud laws. I don't think this would cover a unit rated a 10 when it should have been an 8, but it should protect the buyer when they receive no merchandise at all. The last time I used PayPal they had very little protection for anyone, but that was awhile ago...maybe things have changed??