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PayPal withholding fees from eBay sales


  • Posts: 4
  • Joined: 09 Nov 13
  • Karma:
9 Nov 13 08:50:34 pm
Hello All,
I am new to selling on Ebay. Read the 'Starting an Ebay Business for Dummies' to get a full command of Ebay. Then starting selling items from around my household (i.e.DVD's, books, clothing, etc.). I have sold 20 items since my first sale on Sept. 30th, 2013. My funds are stay on hold from Paypal usually about 7-9 days (not the full 21 days). I ship fast and have been selling about 5-6 weeks. How long does it take for Paypal/Ebay to lift the hold on funds? 90 days? Is there a minimum about to be sold w/good feedback until its lifted or does it depend on more factors?(i.e. types of items sold, cost of items).
Any feed back would be greatly appreciated. I heard it takes you to sell 25 items. I wanted to start drop shipping and need to receive funds immediately. In the meantime, I am researching niches and products to list and get rolling with listing an inventory.

Thanks.


fudjj
Site Admin
  • Posts: 6356
  • Joined: 27 Jul 07
  • Karma:
9 Nov 13 10:18:32 pm
Hi Andrew,

I think you might find this interesting.

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Mark (fudjj)

Community Manager
SaleHoo.com

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  • Posts: 4
  • Joined: 09 Nov 13
  • Karma:
9 Nov 13 10:47:47 pm
Thanks Marc. Much appreciated. I am hoping I can plug away and keep selling, and maybe after 90 days or so I can have all holds lifted. I do use the paypal shipping label option which uploads the tracking by default. I don't mind waiting, as the policy makes sense to protect buyers. My concern was 'how long'? I think patience is key here and educate myself on all elements of my business and within 6 months I will be where I need to be.


  • Posts: 4
  • Joined: 09 Nov 13
  • Karma:
9 Nov 13 11:00:59 pm
Found a link in PayPal stating that the thresholds for taking off the funds being held are:

"You have a limited selling history on eBay, which means that any of the following are true:

It’s been 90 days or less since your first successful sale on eBay, or
You’ve made 25 or fewer sales transactions on eBay, or
You’ve sold $250 or less on eBay "


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fudjj
Site Admin
  • Posts: 6356
  • Joined: 27 Jul 07
  • Karma:
10 Nov 13 12:55:15 am
Hang in there Andrew. It's a real pain for new sellers to have to go through, but it gets better on the other side : )


Mark (fudjj)

Community Manager
SaleHoo.com

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  • Posts: 4
  • Joined: 09 Nov 13
  • Karma:
10 Nov 13 01:22:40 am
Thanks Marc. I appreciate the support.


 

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