I love KEH and when I need to buy always look there first. I have tried to sell to them but their prices are lower than what one could get on an auction site - so much lower that it is worth the time and effort to sell that way.
Sorry to bump an old post, but I didn't want to make a new one since this one was already here. I took advantage of the Paypal quick-pay feature and I'm wondering how long they take to send the money through that system. I ask because I sent out my SX-70 and it arrived there today, but I'd like to know when to expect payment if they like the condition of the item. I have the chance to buy some film for a nice price and I'd like to do that asap.
3 days after the buyer gets the item
Okay, so I'll get the money three days from today? It was sent out to Smyrna, Georgia and arrived there today, and I even got a quote prior to sending the item out because it was something they already had.
Last time I sold to them, which was probably about a year ago, I received a call from the buyer first. Once I accepted the offer, which was pretty much in line with the initial quote, I received a payment in mail about a week later.
I was told, speed depends on what they have on queue at the time. Someone will have to inspect your goods first, then the buyer will have to make you a formal offer first. Then a payment is made to you.
I don't get the whole buyer thing. That makes it sound like I won't have anything until someone visiting the website buys it, but the way it looks on their whole quote system makes it sound like KEH is the one buying the goods themselves. Now I'm a little confused. Anyhow, the "quick pay" feature is relatively new supposedly. It enables the company to send me the money straight to my Paypal without being contacted about it unless the company wants to pay me a different amount from their "quick quote".
Oh, okay. So since it arrived, I have to wait 2-3 days for my money? That's not too long at all. I just hope that film is still there when I get the money, haha.
What will happen is, when the item arrives at KEH, it will be reviewed by someone, possibly more than one person. Then, someone will call you, and say "we offer you X amount of dollars - do you accept this offer?" Once you say YES, then it will go to someone else who will process this, and make the payment. It may take more than 2 to 3 days or possibly less. If they have a lot to review, it may take much longer. My past experience has been, about a week to receive the call of offer. Then few more days to get the actual money.