Holds on funds getting ridiculous.

treasur75
Community Member

Anyone know what this means?

 

"Funds available within 24 hours of order delivery Estimated release on Aug 1"

 

The buyer received it on July 3 and left me glowing feedback. She already sent it to someone on the other side of the country as a gift and I'm still awaiting my funds. I can't run a business like this.  Why is Ebay acting as though the product hasn't been delivered when the tracking says Delivered July 3 and she left me great feedback?

 

Message 1 of 23
latest reply
22 REPLIES 22

Holds on funds getting ridiculous.

Your customer payments will be Held until you have a track record.

Until you've been selling for 90 days and sold 25 items your payments will be held until tracking shows delivered, or in 21 days if there's no tracking. They can hold the payment for the full 21 days if you're selling in a high risk category. 

So far you have only sold five items.

And precious metals /jewelry is a high value/high risk category.

And that policy is from dotCOM, we non-US sellers are often hit with a 30 day Hold.

You can ask eBay to change the restrictions on listing and on payments every 30days. It's best to do this with a Chat not on the phone, because the phone reps don't actually work for eBay but for a sub-contractor.

 

 

 

Message 2 of 23
latest reply

Holds on funds getting ridiculous.

You are a New seller to eBay and there are rules, policies,restrictions on all new sellers.

"I can't run a business like this." ...barely 4 months into selling on eBay doesn't make you a business; 5 items sold doesn't make you a business, and with 0 items currently listed does not make you a business...

However, with time, effort and P-A-T-I-E-N-C-E, you might become a business...

Good luck going forward!

Message 3 of 23
latest reply

Holds on funds getting ridiculous.

I recognize your user name, you are the one who asked about invoicing in US funds. If you are a new seller this is the reason for the extended hold. You can't take it personally, it's just the protocol, it's done to everyone new at selling. 12 years ago when I started selling here and PayPal did all the payment, they held my funds for several weeks too, that's just the way it goes. Your seller may have left glowing feedback and be very happy but there is nothing in place that tells eBay that. They just continue with their rules based on dates alone until you are deemed a regular seller. There is still a good chance if there is proof of delivery you could get your funds before that day (Aug. 1), much of what shows is done automatically (for everyone new).

This is set up because of the many times new sellers disappear suddenly (take the money and run), they are just trying to protect the platform. As reallynicestamps has suggested you could contact them to see if they will make the changem based on feedback and proof of delivery.  It might not be tomorrow but there is a good chance it could be before August 1 but get the ball rolling and reach out to them. 

Message 4 of 23
latest reply

Holds on funds getting ridiculous.

treasur75
Community Member

I understand the holds as stated and it doesn't bother me. I can plan around them. I went through it on my first sale.  The problem is that on my second two sales the more expensive one that just got delivered says it'll be released on the 16th. They didn't even leave feedback yet.  The other one, which was delivered and feedback left a week ago, says it'll be available  "within 24 hours of order delivery, Estimated release on Aug 1"

24 hours after order delivery was  a week ago.  August 1 is several weeks away. 

 

 

 

 

Message 5 of 23
latest reply

Holds on funds getting ridiculous.


@treasur75 wrote:

I understand the holds as stated and it doesn't bother me. I can plan around them. I went through it on my first sale.  The problem is that on my second two sales the more expensive one that just got delivered says it'll be released on the 16th. They didn't even leave feedback yet.  The other one, which was delivered and feedback left a week ago, says it'll be available  "within 24 hours of order delivery, Estimated release on Aug 1"

24 hours after order delivery was  a week ago.  August 1 is several weeks away. 

 


Many buyers don't leave feedback at all. Don't be disappointed if they don't.  Once you get a number of sales under your belt, the payouts become much quicker until eventually you'll get them about 2 days after the sale (before the item is delivered). It's a little rougher at first, but don't be frustrated by it.

Message 6 of 23
latest reply

Holds on funds getting ridiculous.

I recognize the username as the person who asked a question about shipping label QR code, and didn't even return to the thread to reply to all the useful advices posted in that thread. 

Message 7 of 23
latest reply

Holds on funds getting ridiculous.

ibccshop
Community Member

If it has been delivered and the buyer left positive feedback you can call eBay and ask them to release the hold, that's what I had to dol the first few sales and customer service will go in and review the tracking and customer feedback and they should release the funds within 24 hours.

Message 8 of 23
latest reply

Holds on funds getting ridiculous.

RUDE comment. Who are you to tell someone they are not a business? Rather it is five days or five years, as soon you start making money you are a business. Waiting 30 days for a payment IS a long time and it's not fair to the seller. The item was delivered yet she is still waiting for HER payment. What is benefit to HER of using ebay if that's the case?
Message 9 of 23
latest reply

Holds on funds getting ridiculous.

"What is benefit to HER of using ebay if that's the case?"

same can be said of most any selling site these days as there are very few reputable, and/or worth the time, effort and $ invested selling sites, that do not have such a policy in place now...This is the new "Normal"= this same withholding payment policy for New Sellers has been implented on most large selling sites; with some of these selling venues withholding a portion of the funds for up to 90 days....

Sellers need to be informed of all the rules and policies BEFORE they list anything on any selling site....

and if starting out without sufficient funds onhand for expenses, equates to a forthcoming hardship before the selling site releases any funds to the seller, then that seller should not be "in business"....

Message 10 of 23
latest reply

Holds on funds getting ridiculous.

ZOMBIE THREAD FROM JULY 2024

 

The problem with zombie threads isthat the information and advice may be out of date and no longer useful.

 

And that new readers may not notice the date of the original post.

Message 11 of 23
latest reply

Holds on funds getting ridiculous.

The blame is with the scammers.  The funds hold on new sellers is because of abuse from people registering, taking a quick hit on funds and shipping junk or not shipping at all.  The 30 days is to provide time too ensure the transaction has gone smoothly and is legit. 

 

When I registered I was aware of the hold, though I can't recall if it was when registering, reading about it up front or when it happened.   I do agree that the payment hold information should be more up front and clear.  As far as I have seen, it seems to always be 30 days.

 

I support the policy.  eBay has had its share, and still does, of slippery operators and this helps weed them out and give buyers a chance at recourse.  It is a barrier to entry for sellers and they should be aware up front so they can plan for it.   But it should be more transparency. 

Message 12 of 23
latest reply

Holds on funds getting ridiculous.

I don't think 3 months neccessarily warrants the zombie tag.  The situation is still relevant. 

Message 13 of 23
latest reply

Holds on funds getting ridiculous.

So when we signed up we all agreed to the terms and conditions of the site on which we are becoming a "Member".

 

Part of those terms is "How do you get paid"

 

eBay is not Kijiji or Marketplace, it has different reach and global markets and has to operate taking into account local laws of the Buyers Country/Location.

 

The following are the basics and the links take members to other more detailed information, anyone selling should take the time to read about "Timeframes" to avoid this kind of self-inflicted drama & frustration.

 

3 min article

Payments on hold

 

https://www.ebay.ca/help/selling/getting-paid/getting-paid-items-youve-sold/payments-hold?id=4816&st...

 

We know it's important that you receive your money as quickly as possible. However, we may sometimes need to put a hold on your funds due to your selling history or performance, or to address disputes.

 

This helps us keep eBay a safe marketplace for buyers and sellers.

 

In most cases, holds are lifted when a buyer confirms they’ve received their item or when a case is resolved.

 

To check the date when a payment is expected to be available, select the button below:

 

Check payment holds

 

To help ensure eBay remains a safe place to buy and sell, and to meet our legal and compliance obligations, we sometimes place a hold on funds, for example, if there's an open case or dispute on a transaction, if your buyer reports a problem with the order, if your account is restricted or suspended, if you owe eBay money, or if you're a new or infrequent seller.

 

If we placed a hold on your funds, we'll notify you by email and, depending on the reason, may request additional information from you to help resolve the issue.

 

Types of holds

There are various reasons why we may place a hold on your funds.

Transaction holds

Transaction holds are when we place a hold on funds related to a particular buyer transaction. The funds on hold may be used to refund the buyer for the same transaction.

 

While proceeds from your sales typically become available within 1 day of confirming the buyer’s payment, we may place a transaction hold on funds while we ensure a successful transaction.

 

To reduce the likelihood of a transaction hold, we recommend posting an item the same day your buyer pays for it and following good postage practices, such as adding tracking information to your order.

 

Tip


If we place a hold on your funds, it will usually be resolved within 30 days, but in rare circumstances it may take longer.

 

For most orders, adding tracking information can help you receive your funds faster.

 

Additionally, we may place a transaction hold on funds depending on your seller status, changes to your account status, or other factors we use to help ensure a safe marketplace in all categories, regardless of whether the transaction is covered by our eBay Money Back Guarantee or not:

  • New or infrequent sellers will experience transaction holds while learning best selling practices. This helps sellers become established and build a strong selling history on eBay. New sellers typically experience holds for up to 14 days, although sometimes it may be longer

 

  • Previously restricted or suspended sellers will experience transaction holds for 30 days after the restriction or suspension is lifted, while we confirm that the items have been successfully delivered

 

  • High priced items or unusual selling patterns may lead to transaction holds for up to 30 days to help us ensure that buyers don't have any issues with the order

 

  • The authentication process may lead to transaction holds for up to 30 days until the authenticity of items sold with eBay’s Authenticity Guarantee can be confirmed

Payment dispute holds

Payment dispute holds are when we place a hold on funds related to a problem reported by a buyer, regardless of whether the transaction is covered by our eBay Money Back Guarantee or not.

 

For example, if a buyer reports that an item hasn't arrived, or the item they received is significantly different from the listing description, we hold funds until the case is resolved and closed. For more information see our article on best practices for avoiding and handling issues with buyers.

 

The funds on hold may be used to refund the buyer for the same transaction.

Payout holds

Payout holds are when we hold funds payable to a particular seller, and usually require further seller action on the account.

  • Registration holds: We may hold payouts if we identify a discrepancy with the information you provided at registration. If your account is restricted, we'll notify you by email with a request for additional information. For more information on how to verify your identity, see our article on registering as a seller

 

  • Compliance holds: eBay maintains policies and procedures to protect buyers and sellers while complying with applicable laws. If your account has a payout hold or restriction for compliance reasons, we'll notify you by email and may request additional information from you

 

  • Performance holds: We hold your payouts if we identify unusual activity associated with your account, such as increased customer claims, a sudden change in your selling activity, late deliveries, or negative buyer feedback

 

  • Invalid payment method: We may put your payouts on hold if we can't deduct your selling fees and other costs from any of your on-file payment methods. In this case, you’ll need to add another payment method

 

Message 14 of 23
latest reply

Holds on funds getting ridiculous.

August 1 is several weeks away.

 

Posted on July 10. Four weeks or 30 days earlier than transfer date.

 

 

Message 15 of 23
latest reply

Holds on funds getting ridiculous.

Personally, the "infrequent seller" tag is kinda BS. I've been selling 3 years, 62 all positive reviews, prompt shipping, 0 complaints. My last 3 sales are on hold until delivery, I was told it was a random hold, because I was an infrequent seller. To me, to hold funds from a good customer with 0 issues, seems to be nothing more than an excuse to hold money.
Message 16 of 23
latest reply

Holds on funds getting ridiculous.

**bleep** are you talking about? Businesses are founded or are registered, would you believe, NOT ON EBAY! Ebay have appointed themselves as an escrow service that no seller ever agreed to. Their advertising breaches advertising standards. In reality they should tell sellers the truth. "Put your stuff up for sale, send it into the abyss, to a total stranger and we MIGHT pay you for it, some day, but if we do, it will certainly be in the distant future."

Message 17 of 23
latest reply

Holds on funds getting ridiculous.

When sellers sign up to list and sell on eBay, they agree to ALL the rules and policies of the site and that includes any and all additions,deletions, ammendments,updates,etc,etc,etc. to those rules and policies.

If what eBay offers its sellers,  is not agreeable to you ...why are you here? Don't like it here? move on and go elsewhere...

It is a known fact that any of the large selling sites have similar payment holds/reserves=this is NOT unique to eBay.

If sellers don't like the way eBay runs its business, they can choose to stay or go...they can go elsewhere...

Message 18 of 23
latest reply

Holds on funds getting ridiculous.

Not unique to eBay, and what is not unique to eBay is a ton of bad actors who would just love to register, collect a a bunch of cash from sales they don't fulfill then dissapear..... until the next week when they do it under another name.   

 

Folks have to step back from their situation a second and ask why it is being done.  As a seller I had to go through the holds as well when I started, but I still appreciate why they are there as the site would degrade into a complete scammer's paradise without it.  Of course there are still scammer issues but steps like the holds help reduce it.  

Message 19 of 23
latest reply

Holds on funds getting ridiculous.

Yes indeed! And although a longtime seller here on eBay, I too experienced the holds on funds due to a 6+month absence from listing/selling during 2021...

But my patience and knowledge of the workings of this site paid off and it was only a matter of weeks before that payout hold got lifted.This is a world of Must Have Now/Instant/Yesterday, but the lack of patience is detrimental to any seller...No seller is going to be a successful seller without Patience!

Message 20 of 23
latest reply