In this week’s video, Kevan discusses how to sell on Craigslist and the dangers you need to avoid. There are fake buyers on Craigslist that try to exploit Craiglist and PayPal to get your money. Kevan walks us through the process of how these cons could go down and the red flags to watch out for such as buyers who say they’re stuck in Nigeria or ones that request private information such as your address and PayPal email. He also alerts us that some fake buyers even send you fake PayPal emails that say you’ve been paid. Kevan wraps things up with safety tips to keep in mind while using Craigslist to buy and sell used possessions.
Hardly anyone would argue the fact that most people are always looking to make some quick cash these days. Before the days of the Internet, getting rid of your old possessions often entailed putting up signs all around your neighborhood to promote a yard sale. Oh how times have changed. Now we turn to sites like Craigslist.
All anyone really needs these days are a computer and some type of digital camera to upload pictures. With a few clicks of a mouse and finger taps on a keyboard, you can post whatever you want to sell and even have a buyer or two within hours. However, sometimes these potential buyers are a bit too eager and expedient. Why is this a bad thing?
Because some of them are out to get you.
Whereas before, defrauders would usually pose as sellers trying to con people into paying for fake or non-existent items, the ruse has now spread to the opposite end of the spectrum. After posting something for sale on Craigslist, you may very well encounter someone who is posing as a possible buyer.
The individual will douse you with an elaborate story of how much they’re interested, why they can’t meet you in person and how they’d love to pay you immediately without even seeing the item but need some pieces of information that are rather private such as your full name, address and PayPal email. Some even construct fake PayPal payment confirmation emails!
To keep you safe from these bad seeds, here’s the list of tips mentioned in this week’s video:
Tip 1: Craigslist is meant for LOCAL sales
Be on high alert when a buyer or seller says that they can’t meet you in person. Buying and selling on Craigslist is meant to be done with local people in your area, not those who are supposedly stuck in Nigeria or on military leave.
Tip 2: Verify buyers on a third-party website like ebay
Be proactive and ask the buyer if they have an eBay account. Ebay has a great verification system that will give you a better idea of the kind of person you are dealing with.
Tip 3: Be wary of fake checks and money orders
Cash is not always better than PayPal. You have to be aware and careful of people who might try to use counterfeit bills when paying you.
Tip 4: Treat buyers like the strangers they are
Anyone you meet on Craigslist is a stranger so make sure you treat them that way. Do not give them any kind of private information. The only exception may be your phone number, which might be needed to coordinate the actual transaction. Pick a safe and public location to meet. Don’t ever agree to meet at your home or theirs. It also doesn’t hurt to bring a friend for added assurance.