If you're looking for holiday-gift bargains, or perhaps considering selling some of your old stuff to fund a shopping spree, the Facebook Marketplace is an appealing alternative to yard sales and flea markets. Show
Like any other online exchange (and those in the real world as well), the Marketplace attracts its share of swindlers and scammers. So here are some guidelines for making Facebook's Marketplace a source of cheer, not cheats. What is Facebook Marketplace?Facebook introduced the Marketplace in October 2016, and by May 2017, more than 18 million items were listed for sale in the U.S. alone. The service has since expanded to other countries, and Facebook reports that search volume in the Marketplace tab has grown three times globally since the start of 2017, with more than 550 million people active in buy and sell groups on a monthly basis. The concept is fairly simple: Using information from your profile to determine your location, Facebook shows you an array of items for sale in your area—and lets you list your own goods for sale as well. When a buyer spots an item they want to purchase, they contact the seller via Facebook Messenger and arrange to close the deal. Use of Messenger means traders can do business without exchanging addresses or phone numbers, and Facebook charges no fees for the service. Using Marketplace is easy. Click the Marketplace button at the bottom of the Facebook smartphone app or in the left column of your Facebook homepage. You'll see an array of photos of items for sale, with prices attached. Browse away, or use the filters to narrow the search by item category, price, etc. If you have an item to sell, click the blue "Sell Something" button and fill in the form. Selling via the smartphone app can save you time by letting you snap a photo of your item and attach it to the listing without having to save and upload photos. Be Smart in the MarketplaceHere are five suggestions for ensuring your Facebook Marketplace experience is a good and secure one:
When something's not rightWhen you do business over Facebook Marketplace, you're no more (or less) likely to run into shady characters than you are in the real world, or when you buy and sell items over services such as eBay and Craigslist. Stay vigilant, and walk away if something doesn't feel right. Should you nevertheless find yourself the victim of a scam, you can and should take action:
Facebook Marketplace can be a fun, vibrant source of deals. If you're as vigilant for potential fraud as you are for bargains, you're likely to have a good Marketplace experience. Happy shopping! What is the safest way to get paid on Facebook Marketplace?Don't transfer money directly into a seller's bank account. Instead, offer to use a secure person-to-person payment site, such as PayPal or sending and receiving money in Messenger.
When you ship something on Facebook Marketplace when do you get paid?When do I get paid for something I sold with shipping on Marketplace? Your payout will be initiated 15 days after you mark the item as shipped, or 5 days after the item is delivered upon receiving delivery confirmation. Once your payout is initiated, it may take up to 5 days to reach your account.
How does payment work on FB Marketplace?Facebook leaves the payment details up to you as a seller. Facebook Marketplace payment options can include any payment service you or your buyer wants, but Facebook recommends cash or payment through Facebook Messenger or PayPal. You can also use third-party delivery options, such as DeliverEnd.
Why am I not getting paid from Facebook Marketplace?Check with your bank to confirm the status of your payment. Confirm that your bank account is able to receive payments in USD. Review your payout account information to confirm it's still accurate. Verify that you have accumulated the minimum payment amount for your product.
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