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  #11  
Old 09-08-2017, 12:58 PM
chalupacollects chalupacollects is offline
Tim H.
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Not being a frequent big AH buyer, but an occasional buyer, all the payment forms mentioned above typically are clearing funds back to the AH in 2-3 days max.. e-checks, credit cards, ACH, Paypal, regular checks etc. In fact regular checks are typically cleared same day now through the Fed...

AHs giving terms for larger, big spending clients where large purchase are concerned is between AH and buyers and sure if 30 day terms are given with payment via wire can take longer though the wire will clear quickly also once submitted.

This coming from someone who sold such services to many merchants for about 20 years...

Would be nice customer service if AHs were able to ship smaller items that are under payment limits established above much quicker and then remit payment back to smaller consigners the same... might even get the "little guy" to consign more.
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  #12  
Old 09-09-2017, 08:45 AM
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thecatspajamas thecatspajamas is offline
L@nce Fit.tro
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Quote:
Originally Posted by Shoeless Moe View Post
and...........2 months may not sound like a lot to some, but you need to take in account first the consignor sends their item in 2 months (give or take) before the auction starts, then the auction could run for almost a month. Then another 2 months before paid.

You could be talking almost 1/2 of a year (6 months), the whole process.

Thus, the back-end thus needs to be shortened.
Besides your math being terrible, it sounds like selling via auction house may not be the best route for you with turnaround time from acquisition to cash-out being such a high priority for your flipping endeavors. Or at least you need to read the fine print on the front end rather than publicly griping on the back end when you get exactly what you signed up for. Any negotiation of terms should be done on the front end, whether with Heritage or any other auction house or reseller. By you agreeing to a specific time to payout on the front end, and then complaining about it and trying to get it changed after-the-fact, I have a hard time finding sympathy for anyone other than the Heritage rep in this case.
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  #13  
Old 09-09-2017, 09:14 AM
Shoeless Moe Shoeless Moe is offline
Paul Gruszka
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Quote:
Originally Posted by thecatspajamas View Post
Besides your math being terrible, it sounds like selling via auction house may not be the best route for you with turnaround time from acquisition to cash-out being such a high priority for your flipping endeavors. Or at least you need to read the fine print on the front end rather than publicly griping on the back end when you get exactly what you signed up for. Any negotiation of terms should be done on the front end, whether with Heritage or any other auction house or reseller. By you agreeing to a specific time to payout on the front end, and then complaining about it and trying to get it changed after-the-fact, I have a hard time finding sympathy for anyone other than the Heritage rep in this case.
Dude get your panties out of a bunch. I was just estimating on the time, sorry I wasn't precise enough for you, a thousand pardons. And I'll gripe about anything I want, who the hell are you the thread police.

45 days is asinine, when you say pay within 7. Glad you feel sorry for the Heritage rep., Heritage appreciates your sympathy I'm sure. Sure didn't start the thread looking for sympathy, but if you could let us know what threads are ok to give an opinion that will really help us all in the future, don't want you upset.
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  #14  
Old 09-09-2017, 09:45 AM
RedsFan1941 RedsFan1941 is offline
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Quote:
Originally Posted by thecatspajamas View Post
Besides your math being terrible, it sounds like selling via auction house may not be the best route for you with turnaround time from acquisition to cash-out being such a high priority for your flipping endeavors. Or at least you need to read the fine print on the front end rather than publicly griping on the back end when you get exactly what you signed up for. Any negotiation of terms should be done on the front end, whether with Heritage or any other auction house or reseller. By you agreeing to a specific time to payout on the front end, and then complaining about it and trying to get it changed after-the-fact, I have a hard time finding sympathy for anyone other than the Heritage rep in this case.
extremely well said
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  #15  
Old 09-09-2017, 09:58 AM
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Snapolit1 Snapolit1 is offline
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Agree, if it's disclosed in advance you can't bitch about it. Don't like it, keep walking.
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  #16  
Old 09-09-2017, 10:08 AM
Shoeless Moe Shoeless Moe is offline
Paul Gruszka
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Actually you can bitch about it, that's whats great about America.

You stay quiet and things never get changed.

And you can drop the Heritage or any House in particular if you want. Let's just say auction houses in general if they ask for payment within a short period, why then don't they pay out in a fairly short period?

I don't like it. So yes I will bitch about it. And I've consigned to at least 8-10 auction houses and most you learn how quick they pay after they in fact do so, and you've gone through the process, so now I know which ones I prefer and don't prefer.

and Lance you bitch about pretty much anything I post so hard to take you seriously, but keep bringing it, love that you love me so much.
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  #17  
Old 09-09-2017, 10:17 AM
Shoeless Moe Shoeless Moe is offline
Paul Gruszka
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Originally Posted by Shoeless Moe View Post
Actually you can bitch about it, that's whats great about America.

You stay quiet and things never get changed.

And you can drop the Heritage or any House in particular if you want. Let's just say auction houses in general if they ask for payment within a short period, why then don't they pay out in a fairly short period?

I don't like it. So yes I will bitch about it. And I've consigned to at least 8-10 auction houses and most you learn how quick they pay after they in fact do so, and you've gone through the process, so now I know which ones I prefer and don't prefer.

and Lance you bitch about pretty much anything I post so hard to take you seriously, but keep bringing it, love that you love me so much.
Extremely well said!
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  #18  
Old 09-09-2017, 10:22 AM
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bnorth bnorth is offline
Ben North
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Originally Posted by Shoeless Moe View Post
Extremely well said!
LOL, that has got to be the post of the day, well played sir.
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  #19  
Old 09-09-2017, 10:30 AM
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Snapolit1 Snapolit1 is offline
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Originally Posted by Shoeless Moe View Post
Extremely well said!
OK. Good strategy. I'm going to go out now and buy a 12 inch sub at Subway and bitch up a storm that its not a foot and half long.
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  #20  
Old 09-09-2017, 10:58 AM
RedsFan1941 RedsFan1941 is offline
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Quote:
Originally Posted by Shoeless Moe View Post
Extremely well said!
Finally, someone who agrees with you.
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Last edited by RedsFan1941; 09-09-2017 at 11:06 AM.
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