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RE: Need some advice please

Thanks for the advice everybody.
The funds are listed as pending and it says I am "eligible" for seller 
protection (whatever that means) 
There seem to be mixed opinions here. About half of you say go for it and 
the other say no way. I guess my concern is what happens if there is a 
chargeback during the 21 days. If that should happen am I out the EDP and 
the money?
If I don't ship though, I'll end up with negative feedback, it's a catch 
I got the guys contact info from ebay and will try to call him on the 
phone today, does that sound reasonable?

-----Original Message-----
From: Sylvain Poitras [mailto:sylvain.trombone@gmail.com] 
Sent: Saturday, April 17, 2010 8:53 AM
To: Loopers-Delight@loopers-delight.com
Subject: Re: Need some advice please

Hi Ace,
This is normal now.  Paypal has received the funds from the buyer but
waits a while (21 days in my case) before releasing the money to your
account.  This is only to ensure the transaction goes smoothly and no
one gets screwed over.  You definitely ship ASAP as that can speed up
the release of the funds.  Just confirm first in your paypal account
that the funds are listed as 'pending'.

On Sat, Apr 17, 2010 at 4:28 AM, George Ludwig
<georgeludwigmusic@gmail.com> wrote:
> I've done a lot of buying and selling via eBay. Recently, I had a seller 
> me to leave positive feedback in order to release the funds through 
> It must be a newish rule.
> It might only apply to newer sellers. I wouldn't freak out about it, but 
> your research and don't just sit around waiting for the funds to "clear".
> That will get you in to other kinds of trouble,
> On Fri, Apr 16, 2010 at 11:22 PM, Toby G <carpet8@mac.com> wrote:
>> I've sold a lot of stuff on eBay.
>> It's normal if you haven't sold much stuff to get a hold put on.
>> However....if PayPal is telling you to ship, DO NOT SHIP until you know 
>> have been paid and you can deposit the money.  If it was a 10 dollar 
>> I'd ship it anyway.  But not with a 760 dollar item.
>> toby
>> ----- Original Message ----- From: "d.nix" <d.nix@comcast.net>
>> To: <Loopers-Delight@loopers-delight.com>
>> Sent: Friday, April 16, 2010 10:02 PM
>> Subject: Re: Need some advice please
>>> Seems sketchy to me. No response? No shipment... Most Paypal 
>>> are virtually instantaneous. Are you even certain the notice was really
>>> from
>>> Paypal?
>>> Maybe advise him nothing is changing hands until the funds are in your
>>> control, see if that doesnt generate a response.
>>> ----- Original Message ----- From: "Ace Ovil" <aovil@wfubmc.edu>
>>> To: <Loopers-Delight@loopers-delight.com>
>>> Sent: Friday, April 16, 2010 8:36 PM
>>> Subject: Need some advice please
>>> I'm sorry to bother you all,  but I figured some of you had bought and
>>> sold some expensive toys over the years and might know about this.
>>> Let me start by saying I am a broke medical student with almost no
>>> online trading experience.
>>> After putting my EDP on craigslist and here on the list for some time, 
>>> finally decided to sell it on ebay. I had never really sold anything on
>>> the bay before.
>>> Anyway, yesterday it closed for what I think is a great sale price
>>> ($760). I was pretty happy.
>>> The winning bidder has 0% feedback  though and the account was started
>>> in January. (Sketchy?) I sent him a message before and after the sale,
>>> but got no response which made me even more nervous. Today I received a
>>> notice from paypal that the payment is pending in my account but won't
>>> be released for 21 days.
>>> Is this normal? Should I ship the Echoplex? Anyone have any advice to
>>> calm my nerves or tell me what to look out for?
>>> Thank you,
>>> Ace
> --
> -George
> http://www.myspace.com/georgeludwigmusic