There is a "no flipping" rule on the preloved forum?

[Dancing Fire]

what does that mean?.. I must list the item for less than what I paid?..

 

[minousbijoux]

The 3rd condition in the policy reads (in part): "Items purchased with the intent of reselling for a profit (known as flipping) is not allowed on the PS preloved forum" Self-explanatory, don't you think?

 

[movie zombie]

one would think so, minousbijoux........

 

[VRBeauty]

what does that mean?.. I must list the item for less than what I paid?..

Just that you aren't using the forum to advertise things you bought to re-sell, rather than things you bought for personal use. Of course none of us can read your mind and intent (thank goodness, huh?) so people look for other indicators, re-selling something they know you just bought at a higher price than they think you paid for it being one such indicator.

That's all.

 

[arkieb1]

I think there is a difference between adding heaps and heaps and adding what you paid, sometimes when you live in other countries for example when you add on the costs of postage plus the tax (like here in Australia - its huge btw) then the cost of the item can actually be a lot more than the price was on ebay or wherever by the time it gets to the buyer.

Also if you buy a well know stone to pricescopers and reset it or get a new setting and the setting costs a ridiculous amount you must allow for that as well. There has to be some leeway for all of these things.....

 

[VRBeauty]

I think there is a difference between adding heaps and heaps and adding what you paid, sometimes when you live in other countries for example when you add on the costs of postage plus the tax (like here in Australia - its huge btw) then the cost of the item can actually be a lot more than the price was on ebay or wherever by the time it gets to the buyer.

Also if you buy a well know stone to pricescopers and reset it or get a new setting and the setting costs a ridiculous amount you must allow for that as well. There has to be some leeway for all of these things.....

Let me rephrase my earlier statement - "people look for other indicators, re-selling something they know you just bought at a higher price than they think you paid for it could be seen as one such indicator.

DF - if you search on the words - flipping pre-owned - you'll find lots of discussions on this topic. Just be sure to put on your hob-nails first - it's slippery slopes all the way!

 

[Loves Vintage]

Frankly, it seems that the key indicator for whether someone is flipping is whether someone complains about the post linked to the listing.

 

[jmarshall]

I think the rule is to prevent you from buying something from someone who has it listed for less than it is worth and then immediately turning around and re-selling for a profit.

If you buy a piece, and have it for a month and decide you do not like it, I don't think the rule would apply. JMO from how I read the rules.... I have no clue as to the actual intent of the rules.

 

[diamondseeker2006]

The price of the item shouldn't have anything to do with it. If I buy something 3 years ago before diamond prices increased, I can certainly ask more than I paid. But that is not flipping. Flipping is if I buy something with the purpose of reselling at a profit, and the item was not bought for personal use. The thing is, people sometimes buy something they decide not to keep and then resell relatively soon. Someone might suspect flipping when it isn't true, but sometimes it may be hard to tell. The seller should always have the right to ask whatever they want and the market will determine what the actual selling price is.

 

[movie zombie]

its a slippery slope into vendor status....and there are specific rules re how and what vendors can comment on.......

 

[kenny]

"Nothing so needs reforming as other people's habits. - Mark Twain

I've never bought or sold on the PLF but it seems like a great service.
The more admin has to listen to people gossip, pontificate, whine and cry about what others do the more likely PLF will go away.

 

[ruby59]

IMO, the Preloved rules are open to interpretation and misunderstanding. That is why there should be a limit as to how many listings you can have in any given time because it seems to be the same people over and over selling there. And what is interesting is that same few only use that board but never post anywhere else. So again imo there should be some relationship between number of sales and the facr that you actually participate on Pricescope.

 

[minousbijoux]

I do agree that there are several folks who frequently have items listed - whether they are actually "professional" sellers, or someone refining an extensive collection is anyone's guess.

I agree wholeheartedly with Diamondseeker and believe the intention of Preloved was never to prevent someone from profiting from something they've had in their collection for a while - for example, an heirloom stone that they decide to part with, or a piece of jewelry or gemstone they have in their collection that they no longer want. But the reality is that it is exceedingly hard for the moderators, who are not detectives, to have proof of those who buy items with the immediate intent of selling for profit. Unless its really egregious, its hard to prove and I'm sure the moderators have better, more pressing, things to do with their time.

I love Preloved because its people I "know" and trust. Occasionally, there are newcomers selling things, from whom I would generally be much less inclined to buy.

 

[Ella]

Flipping is like pornography. Hard to define, but you know it when you see it.

If you see it and have proof, please report it. We take it seriously and immediately remove listings of items that are being flipped. Users who flip will also not be allowed to post on Preloved again. We generally give one warning, but if someone is blatantly abusing our rules we may not issue a warning first. We have removed three flipping listings just this week and if it becomes more prevalent we may need to consider removing preloved. We do not want to do that, so please do not abuse the forum.

If you have personally owned it for a long time, it isn't flipping.
If you have owned it for a short time and are selling for more than you paid, it is flipping.
If you buy it with the intent to resell for a profit, it is flipping.
If you are a reseller, you aren't allowed to post it on preloved.

If you are not sure, better to ask for permission from us rather than forgiveness in this situation.

 

[SB621]

Gosh I use the pre-loved forum all the time to buy and sell but I never notice any of these things people have pointed out. Weird.

Ella don't shut it down!!!! I love the pre-loved forum and have found so many wonderful things there....yes it hurts my bank account but it would hurt alot more if I had to buy new!

 

[TravelingGal]

Flipping is like pornography. Hard to define, but you know it when you see it.

If you see it and have proof, please report it. We take it seriously and immediately remove listings of items that are being flipped. Users who flip will also not be allowed to post on Preloved again. We generally give one warning, but if someone is blatantly abusing our rules we may not issue a warning first. We have removed three flipping listings just this week and if it becomes more prevalent we may need to consider removing preloved. We do not want to do that, so please do not abuse the forum.

If you have personally owned it for a long time, it isn't flipping.
If you have owned it for a short time and are selling for more than you paid, it is flipping.
If you buy it with the intent to resell for a profit, it is flipping.
If you are a reseller, you aren't allowed to post it on preloved.

If you are not sure, better to ask for permission from us rather than forgiveness in this situation.

Bahaha! And yes, you know it when you see it, but many people won't touch **** with a 10 foot pole. Likewise, I generally keep my opinions to myself re:flippers, and don't report anything.