Selling:
When adding items to TAG66
The Sales Transaction
Be particularly wary of any sale where the ‘buyer' appears to want to remain distant from you (such as not wishing to meet you or see the goods prior to purchase or by their using a third party as an intermediary or ‘shipping agent'). Would YOU buy a horse without seeing it?
Do not transact with someone if you receive a cheque or banker's draft in payment that is for more money than your asking price. You may receive a request to send all or some of this difference to the ‘buyer', a third party or a ‘shipping agent' by way of money transfer (irrespective of whether their cheque or banker's draft has already entered your account). This is most likely an attempt at FRAUD with you as the intended victim. A fraudulent cheque or bankers draft can be recalled by the bank even after the funds have gone through the clearing cycle and are showing on your account. Any money transfered by you cannot be recalled once sent.
You will not be reimbursed by the bank for your loss
If you do become concerned during a sale:
- Do ask questions of your ‘buyer'
- Don't be hurried along by your ‘buyer' - This is often a tactic used by a fraudster to get you to make a mistake
- Check the details of any payment received- Do they correspond with what you know of your ‘buyer'? If payment is by way of a company cheque or banker's draft try to contact the company directly to verify its legitimacy
- Talk to your bank – They will be able to give you guidance and clarify the status of any payments received
- Ultimately, don't be afraid to turn down a suspect ‘buyer'