Would you sell for cash?


I just got an offer for my amp from a buyer on US Audio Mart and he wants to pay cash. He lives five hours away but has an employee in my town, which is a suburb of a larger metro area. He offered to have his employee pick up the amp and pay cash. The buyer has been on US Audio Mart for 8 months and has no feedback, which is not unusual. 

I guess the cash part makes me uncomfortable but maybe this is not so uncommon? So wondering if many accept cash with local pickups and has anyone had a problem.  Seems like PayPal or Venmo would be preferable. I guess I can see someone with a business drawing petty cash out for personal use. Just not sure about the whole story. Thoughts?

treebeard1

Showing 1 response by whart

One way might be to:

Do the transaction during the business day at a bank-- yours if possible, and see if the bank will verify the legitimacy of the currency being used before you hand over the amp. (You can have that done discretely by having the buyer’s employee hand the cash to a bank employee for counting, without necessarily mentioning the verification part). I would talk with your bank before you suggest that though, to make sure they can do this.