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Paying time frame

What do you guys feel is a reasonable time frame to expect someone to pay for a purchase? I know audiogon says contact should be made within 72 hours and payment within 5 days but this seems extreme to me. I generally pay within 24 hours of making a deal. It just seems crazy to me to keep a seller waiting... For what, you already agree'd to buy now pay. What's your thoughts?
harri009
roxy54's avatar
roxy54
8,146 posts
 
It should be within 24-48 hours unless there is a good reason for a delay.
poets
9 posts
 
Harri009,
My thoughts are like yours, but sometimes a person may be in a situation that delays their being able to make immediate payment and that is were the grace period comes in to play.
I usually pay immediately if it is a purchase now, if bidding on a listing I pay shortly after the bidding has closed.
mitch2
4,202 posts
 
Agree with Poets. I try and pay immediately and cannot think of an occasion where I took longer than 24 hours.

Probably the longest I have ever taken was this past weekend when I made an offer on Saturday afternoon, which was accepted, but delayed payment until Sunday afternoon because I was out of town and didn't want my info going through the hotel internet.
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