After much consideration, some guidelines have been established for the buyers and sellers using the Marketplace. The existing rules concerning the Marketplace, vendors, and advertisements have not changed.
Marketplace Guidelines
1. Each for sale ad must have a price listed.
2. If the item is cross-listed in another sale site, this must be included in the ad.
3. Accepted payment type must be included in the ad, ie, No PayPal, USPS MO, Cash, check, etc.
4. Payment restrictions must also be included in the ad, such as, item will not be shipped until check clears the bank.
5. Shipping fees (including insurance) must be included in the ad. However, the ad may state that the buyer will pay actual shipping fees to be determined. In this case, the buyer should give an example - shipping to zip code 62959 will be $XXXX. Expected shipping date should also be included - "shipped in 5 working days". Tracking numbers are the responsibility of the seller but are not required.
6. I'll Take It is the accepted way of stating the desire to purchase an item. "I'll take it if..." or adding other contingencies is not acceptable as closing the deal.
7. Seller must post a description of the item. However, the buyer must understand that all transactions will be considered "AS IS". All sales should be considered final unless specified in the ad.
8. Sale of an item through another site must be noted in an update to the ad.
9. The ad must be updated with a notation similar to "SOLD Pending Payment" once a deal has been made.
10. It is the responsibility of the buyer and seller to conduct the transaction in a manner that is open and above board.
11. (added 3/13/2019 by W.E.G. - FAL Files Administrator)
DEADLINE FOR RECEIPT OF FUNDS: Seller should specify deadline for receipt of funds by buyer. The default deadline if not specified is seven calendar days.
12. (added 3/13/2019 by W.E.G. - FAL Files Administrator)
INSURANCE: It is understood that the seller will provide no insurance for the shipment unless the buyer specifically requests insurance, and the buyer also pays all added fees for such insurance.
13. (added 3/13/2019 by W.E.G. - FAL Files Administrator)
RESPONSIBILITY FOR LOSSES DURING SHIPPING:
In today's internet-commerce society, many buyers assume that the seller is resposible for any losses prior to the item actually arriving at the buyer's destination. This creates particular peril for hobbyist sellers shipping valuable items through common carriers. For this reason, the seller should specify which party will bear financial responsibility for any loss during shipping. This principle is known in commercial shipping as "F.O.B. - Free On Board" - see generally https://en.wikipedia.org/wiki/FOB_(shipping).
Example: "F.O.B. at time of delivery to USPS" means if the thing goes missing after seller delivers the thing to USPS, the loss falls on the BUYER. Frankly, I use the term "Responsibility for losses during shipping" as the sub-caption, as I think it causes laypersons way too much confusion to expect them to grasp the jargon of "F.O.B."
Here is a boilerplate term I use in my auctions:
Responsibility for Losses During Shipping: <br>
Buyer accepts responsibility for any loss, damage, or seizure, commencing at the<br>
time seller places the package in custody of the carrier.<br>
Seller will cooperate in every reasonable manner in the event of any incident<br>
that may require submission of an insurance claim associated with shipping.<br>
<br>
Marketplace Guidelines
1. Each for sale ad must have a price listed.
2. If the item is cross-listed in another sale site, this must be included in the ad.
3. Accepted payment type must be included in the ad, ie, No PayPal, USPS MO, Cash, check, etc.
4. Payment restrictions must also be included in the ad, such as, item will not be shipped until check clears the bank.
5. Shipping fees (including insurance) must be included in the ad. However, the ad may state that the buyer will pay actual shipping fees to be determined. In this case, the buyer should give an example - shipping to zip code 62959 will be $XXXX. Expected shipping date should also be included - "shipped in 5 working days". Tracking numbers are the responsibility of the seller but are not required.
6. I'll Take It is the accepted way of stating the desire to purchase an item. "I'll take it if..." or adding other contingencies is not acceptable as closing the deal.
7. Seller must post a description of the item. However, the buyer must understand that all transactions will be considered "AS IS". All sales should be considered final unless specified in the ad.
8. Sale of an item through another site must be noted in an update to the ad.
9. The ad must be updated with a notation similar to "SOLD Pending Payment" once a deal has been made.
10. It is the responsibility of the buyer and seller to conduct the transaction in a manner that is open and above board.
11. (added 3/13/2019 by W.E.G. - FAL Files Administrator)
DEADLINE FOR RECEIPT OF FUNDS: Seller should specify deadline for receipt of funds by buyer. The default deadline if not specified is seven calendar days.
12. (added 3/13/2019 by W.E.G. - FAL Files Administrator)
INSURANCE: It is understood that the seller will provide no insurance for the shipment unless the buyer specifically requests insurance, and the buyer also pays all added fees for such insurance.
13. (added 3/13/2019 by W.E.G. - FAL Files Administrator)
RESPONSIBILITY FOR LOSSES DURING SHIPPING:
In today's internet-commerce society, many buyers assume that the seller is resposible for any losses prior to the item actually arriving at the buyer's destination. This creates particular peril for hobbyist sellers shipping valuable items through common carriers. For this reason, the seller should specify which party will bear financial responsibility for any loss during shipping. This principle is known in commercial shipping as "F.O.B. - Free On Board" - see generally https://en.wikipedia.org/wiki/FOB_(shipping).
Example: "F.O.B. at time of delivery to USPS" means if the thing goes missing after seller delivers the thing to USPS, the loss falls on the BUYER. Frankly, I use the term "Responsibility for losses during shipping" as the sub-caption, as I think it causes laypersons way too much confusion to expect them to grasp the jargon of "F.O.B."
Here is a boilerplate term I use in my auctions:
Responsibility for Losses During Shipping: <br>
Buyer accepts responsibility for any loss, damage, or seizure, commencing at the<br>
time seller places the package in custody of the carrier.<br>
Seller will cooperate in every reasonable manner in the event of any incident<br>
that may require submission of an insurance claim associated with shipping.<br>
<br>
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