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Ebay purchase

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Author	Topic: Ebay purchase
chris209 TUG Member Posts: 27 From: canada Registered: Apr 2005	posted 05-12-2005 12:31 Hello- I just bit the bullet and bid on, and won, a timeshare week on e-bay. I got a pretty good deal, I think, and it is a week we will use mostly ourselves. However, I am new to the e-bay experience and wonder if others have had good experiences. I am supposed to send the money to the seller via Paypal and then the deed will be transferred to my name in 30-90 days. Does this seem about right? There was no mention of a specific closing company name so I have asked the seller for this before I send the money. Is there anything else I need to do to protect myself? I do find it hard to just send off money with no guarantees to someone I do not know (although they do seem to be regular sellers with 94% positive feedback)Any advice/ warnings?Thanks Chris ------------------ Trying to figure it all out! IP: Logged
markel TUG Member Posts: 79 From: USA Registered: Aug 2003	posted 05-12-2005 12:49 Chris, First of all, I personally don't feel that 94% feedback rating is the best. With that said, I wouldn't pay the entire amount via PayPay, or any other means. I would definately request using a closing company that provides an escrow service. Even if you have to pay a nominal fee for this service, I think it would be money well spent. If the seller is indeed reputable, they should understand and agree . Mark IP: Logged
aliikai2 TUG Member Posts: 1629 From: Bellingham WA Registered: Aug 2001	posted 05-12-2005 12:51 What the seller listed in their auction for terms is what you agreed to when you placed your bid. If you didn't agree or wanted to change something, you should have asked in advance of bidding. Unlike the regular world, on ebay the seller sets their price and terms, and once the auction closes, you need to follow through. Not knowing which seller, or company, I can't answer as to their reliablity, but if they have a lot of feedback, with 94% positive, and they sell timeshares, you are probably going to be just fine. fwiw, Greg My Website quote: Originally posted by chris209: Hello- I just bit the bullet and bid on, and won, a timeshare week on e-bay. I got a pretty good deal, I think, and it is a week we will use mostly ourselves. However, I am new to the e-bay experience and wonder if others have had good experiences. I am supposed to send the money to the seller via Paypal and then the deed will be transferred to my name in 30-90 days. Does this seem about right? There was no mention of a specific closing company name so I have asked the seller for this before I send the money. Is there anything else I need to do to protect myself? I do find it hard to just send off money with no guarantees to someone I do not know (although they do seem to be regular sellers with 94% positive feedback)Any advice/ warnings?Thanks Chris ------------------ We will be at the Kona Hawaiian Village from October 15th till November 6th, Mahalo IP: Logged
sfwilshire TUG Member Posts: 2323 From: Clinton TN Registered: Jan 2003	posted 05-12-2005 13:32 I'd also be a bit nervous about 94% feedback, but as mentioned above, you should have resolved any doubts before the auction end. Now, you're sort of stuck with whatever terms they listed unless they are willing to negotiate. Have you checked the negative feedback. Exactly what it is might give you a clue as to how concerned you should be. If they sold timeshares and didn't perform, resulting in negative feedback, then you're at risk. If they bought a small item and had a dispute with the seller that resulted in negative feedback, then it might not be a big deal. Paying by credit card, if an option, will give you at least some protection. Sheila IP: Logged
chris209 TUG Member Posts: 27 From: canada Registered: Apr 2005	posted 05-12-2005 14:53 I don't really have a problem with the terms of the sale- I did ask questions and got acceptable feedback. The negative feedback on e-bay did concern me :it came from a couple of people who feel that they did not get exactly what they thought they had purchased or who felt at 60 days that the closing should have been completed.However, I actually checked all the information directly with the resort before bidding and it seemed accurate and also the seller did tell me the closing could take up to 90 days. I guess my main issue is with the e-bay and paypal process because I have never done this before and am used to receiving goods and then paying- was just hoping someone could let me know whether there is anything else I could do to protect myself and my money. I am going to use a credit card through Paypal and I have asked the seller for information about the closing company- I guess that's all I can do - at least I got a good deal! ------------------ Trying to figure it all out! IP: Logged
jkjsless TUG Member Posts: 31 From: Port Hope, Ontario Registered: Mar 2005	posted 05-12-2005 15:10 I've ebay fairly regularily and haven't had any problems, even bought a timeshare that way. You can always complain to your credit card company if you don't get exactly what was advertised they will pursue the matter for you, or atleast that is what I understand. Fortunately, I've never had to go that route. IP: Logged
aliikai2 TUG Member Posts: 1629 From: Bellingham WA Registered: Aug 2001	posted 05-12-2005 16:21 Again, since you didn't tell us who you are buying from I can't give you a concrete answer, so, many sellers do their own deed work, it's simple in many cases and they don't use a 3rd party escrow company. I used to do it this way, but it just seems to work out better letting the buyer pay the escrow and closing fees. Most escrows however don't accept Paypal or any credit cards, so you would need to get a cashiers check and use snail mail. fwiw, Greg quote: Originally posted by chris209: I don't really have a problem with the terms of the sale- I did ask questions and got acceptable feedback. The negative feedback on e-bay did concern me :it came from a couple of people who feel that they did not get exactly what they thought they had purchased or who felt at 60 days that the closing should have been completed.However, I actually checked all the information directly with the resort before bidding and it seemed accurate and also the seller did tell me the closing could take up to 90 days. I guess my main issue is with the e-bay and paypal process because I have never done this before and am used to receiving goods and then paying- was just hoping someone could let me know whether there is anything else I could do to protect myself and my money. I am going to use a credit card through Paypal and I have asked the seller for information about the closing company- I guess that's all I can do - at least I got a good deal! ------------------ We will be at the Kona Hawaiian Village from October 15th till November 6th, Mahalo IP: Logged
chris209 TUG Member Posts: 27 From: canada Registered: Apr 2005	posted 05-12-2005 16:23 Thanks for all the help- I just heard back and the seller is using WB marketing Company in Panama City Florida and gave me a contact there so I will call tomorrow. So far the seller seems to promptly answer all my questions so I am feeling a little more at ease about this. ------------------ Trying to figure it all out! IP: Logged
ml855 TUG Member Posts: 392 From: Eldersburg, MD USA Marriott Ocean Watch (platinum), Marriott Harbour Point (week 25), Foxrun (week 25) Registered: Mar 2003	posted 05-12-2005 21:05 If you haven't done so already, ask for them to fax you a copy of the deed so you can confirm what is on the deed is the same as what was listed on ebay. Sometimes mistakes are made (both accidently and sometimes intentionally). If they do this without any complaints, and it checks out ok, and the communication has been good with the seller, then it's probably safe to stay with the terms you accepted when you purchased the week. -Matt IP: Logged
JosephP TUG Member Posts: 234 From: Princeton Jct., NJ Registered: Oct 2002	posted 05-13-2005 07:02 If you just post the auction # others could look at the details of the closed auction. The timeshare is not for sale, so that should be OK. Also, for a high volume seller - i.e. hundreds of sales, a feedback rating of 94% is terrible. Powersellers must have a 98% rating (this is calculated on their total sales rather than sales to different persons). My rating is 99.9% and I work hard to keep it there. IP: Logged
IAMTHEWALRUS TUG Member Posts: 74 From: MILWAUKEE, WI. Registered: Apr 2005	posted 05-13-2005 08:27 He took the words right out of my mouth. Look at his feedback carefully. If this guy only has a few transactions under his belt, and maybe one negative feedback in his total, then you're probably fine. Just take note of what the reason for the negative feedback was. But if this guy has been around a long time, and has a high feedback number, then 94% is terrible! If that's the case, I'm a bit surprised that EBAY wouldn't have suspended him. ------------------ ON A QUEST TO VISIT ALL 50 STATES. 7 TO GO... IP: Logged
Present TUG Member Posts: 122 From: Florida, Charter Club of Marco Island Registered: Dec 2004	posted 05-13-2005 10:52 Don't know if this is the same exact auction that I was watching for the Jupiter Beach Resort Floating week 1-52, but I emailed them asking if any week had been booked for 2005 (my mistake since I failed to read that part) since with "floating" weeks most reservations are probably made 12 -14 months out. Anyway, I got a very snotty reply which basically said that 1. I should learn to read and 2. no reservations for 2006 were made and if I wanted to know what weeks were left for 2006 I should call the resort and reserve a week (????) Of course, this led me to their feedback...which wasn't all that great so I decided to wait. Hopefully you will have a better experience. ------------------ Helen IP: Logged
chris209 TUG Member Posts: 27 From: canada Registered: Apr 2005	posted 05-13-2005 12:09 That is the one!Item # 4379836190 on e-bay. I have checked with the resort and the info is correct. I have the name of the closing co. but they will fax me the deed once it is signed to me. I guess, being unfamiliar with e-bay, I thought 94% was pretty good. Also, I did read all the negative comments and they did not seem relevant to my purchase. Any way, I guess I will take a chance and hope for the best. ------------------ Trying to figure it all out! IP: Logged
aliikai2 TUG Member Posts: 1629 From: Bellingham WA Registered: Aug 2001	posted 05-13-2005 12:28 The negative feedback appears to be from uneducated Ebayers that didn't read the terms of the listing. This is one of the bad things about ebay, even someone that is in the wrong can post a negative feedback. I have purchased from them before and they are good, you have nothing to worry about. fwiw, Greg My Website quote: Originally posted by chris209: That is the one!Item # 4379836190 on e-bay. I have checked with the resort and the info is correct. I have the name of the closing co. but they will fax me the deed once it is signed to me. I guess, being unfamiliar with e-bay, I thought 94% was pretty good. Also, I did read all the negative comments and they did not seem relevant to my purchase. Any way, I guess I will take a chance and hope for the best. ------------------ We will be at the Kona Hawaiian Village from October 15th till November 6th, Mahalo IP: Logged
chris209 TUG Member Posts: 27 From: canada Registered: Apr 2005	posted 05-13-2005 12:46 Thank you- that was my take on it as well but your positive experience sts my mind at ease! ------------------ Trying to figure it all out! IP: Logged

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