ricknolan
Well-Known Member
Guys don't take my question wrong but I have always kind of been a student of people behavior and was just wanting to get some insight.
From time to time someone will have an item for sale ranging in price from say $25 to maybe $100 or maybe more as an example. The payment instructions indicate a couple of payment methods like PayPal, or Postal Money Order, etc. The other option is send me your check, but they are going to hold shipping until the check clears. So my question is;
If the buyer is trusting the seller to send the item after they get the money, why is the seller not willing to trust the buyer that his check is good?
It seems to me there is an equal amount of risk from both parties. But in the above example the seller completely eliminates his risk by waiting and puts 100% of the risk on the buyer. The buyer also assumes the risk that the seller has properly described the item, etc.
I am just curious if there are that many bad checks written or if there is just no trust left.
Your input is appreciated.
Rick
From time to time someone will have an item for sale ranging in price from say $25 to maybe $100 or maybe more as an example. The payment instructions indicate a couple of payment methods like PayPal, or Postal Money Order, etc. The other option is send me your check, but they are going to hold shipping until the check clears. So my question is;
If the buyer is trusting the seller to send the item after they get the money, why is the seller not willing to trust the buyer that his check is good?
It seems to me there is an equal amount of risk from both parties. But in the above example the seller completely eliminates his risk by waiting and puts 100% of the risk on the buyer. The buyer also assumes the risk that the seller has properly described the item, etc.
I am just curious if there are that many bad checks written or if there is just no trust left.
Your input is appreciated.
Rick