Sellers Beware!!!


Folks, 

I am wondering if anyone else here noticing the latest trend on Audiogon. I have been approached by buyers in Vietnam to buy my listings. I have gotten at least dozen offers in last month or so, they are pretending to be US based buyers, with US address and do not disclose their actual location until you have accepted the offer.  I have already declined two confirmed offers as soon as I figured out their true identity. The US address being provided on Audiogon is either a local business shop run by Vietnamese native or a 'friend' address. I googled the address and called the local address listed on Audiogon. It turns out to be small business shop and the owner had no idea about the sale or the product he is about to receive in next 2-3 days. 

The icing on the cake, the buyer gets bent of shape when you point out these last minute surprises and then try shift the blame on us that we are not very 'trusting'. Go figure! 

I am outlining some of the things that were common in my dealings, 

1. Broken English (sorry no offense)
2. 12-14 hour delay between communications
3. Start off with low ball offer and then agrees to pay within 10-15% off of your asking price
4. Unusual delay in receiving payments, they tend to apologize profusely and blame PayPal for delay
5. They will ask you to 'absorb' PayPal fee due higher percentage charged by PayPal on intl. transfers
6. Negative, neutral or no feedback
7. The address in their Audiogon profile will be either in west cost (CA) or east coast (NY). 

This thread is not intended to target a certain race or nationality, the sole purpose of this thread is to create awareness against the 'sneaky' buyers. I welcome all buyers, domestic or international and wish them a hassle free buying and selling experience on Audiogon. 

128x128lalitk

I am having a real problem with these posts and the issue. No one here is selling top secret equipment, so what difference does it make who you sell to? As long as their payments clear before you ship the item, where is the problem?

Paypal would be the best payment alternative for selling to someone overseas. That way the funds are in a escrow type account with paypal and there shouldn't be an issue.

Unless the real customer is from a country that we are legally forbidden to do business with, I don't see a problem.

Payments have to clear before I ship and If I was dealing with someone outside the USA, I would definitely use an escrow type of payment service.

Maybe I'm missing something here.

enjoy

I hate to say this but some people are just not business minded.   They can't separate where hobby ends and business starts.
I had an issue like this arise about a month ago in a sale from an International buyer, but he wasn't Vietnamese. 

The only thing I will add is that I learned to ask where the perspective buyer lives now. In negotiations, he sent me an USA address, so I assumed he was USA, and quoted the price accordingly. I was surprised to see a larger than expected bite taken by PayPal, only then did I realize that he was International buyer using a USA address. Had I known, I would have quoted a higher price to cover the higher International PayPal fees.
When you're talking thousands of dollars, that little extra 1+% adds up.

Lesson learned. When negotiating now, I ask the buyer more questions.
To give a proper quote, you can't make assumptions.
the BIGGEST concern about international sales -- RETURNS or REFUNDS.
Uninsured shipments would cost 3...4 times less than insured and registered, but if there’s any shipping damage, whatcha gonna do?
So there’s no difference. If I have product to sell, it won’t be shipped farther than Canada or Mexico.
It looks like seller should not care about shipping charges, but WRONG! eBay can make you pay for everything including shipping when it will come to the return.
Bear THAT in mind.


knghifi..... where is the problem?

The problem lies with people being not upfront and honest. How would you treat a 'business deal' where buyer is coming across as 'sneaky'.  This gentlemen i dealt with had different email addresses, negative feedback, 3rd party paypal account, the shipping addresse had no knowledge of the shipment. Not to mention the additional loss of 1% in PayPal international fees. 

1 + for jmcgrogan2. 

   
"Paypal would be the best payment alternative for selling to someone overseas. That way the funds are in a escrow type account with paypal and there shouldn't be an issue."

Read the horror stories from folks on this site and elsewhere about paypal. Buyer can make just about any outrageous claim and PP will not protect you as a seller.  Then there are chargebacks from your CC company.  A corollary to "if it sounds to good to be true..." is it smells fishy it probably is fishy".