- How does OfferUp make money?
- Does 5 miles charge a fee?
- Is buying through OfferUp shipping safe?
- How long does it take to get a refund from OfferUp?
- Can you get your money back on OfferUp?
- How do I get paid on OfferUp?
- Is there a fee for selling on OfferUp?
- How do I purchase on OfferUp?
- How does shipping work on OfferUp?
- How much does OfferUp charge to ship?
- Can I cancel a purchase on OfferUp?
- Why is offer up asking for Social Security?
- Is OfferUp a good place to sell?
- Should I give my address on OfferUp?
- Does offer up pay for shipping?
- Can you get scammed on OfferUp?
How does OfferUp make money?
OfferUp is a mobile-first C2C marketplace on which users can buy and sell items.
The business model of OfferUp is based on charging sellers a fee for every sale made and shipped through its platform.
The company furthermore makes money through promotional listings and a dedicated program for car dealerships..
Does 5 miles charge a fee?
5miles is free to use for both buyers and sellers. When users compare us to Craigslist and see how simple it is to list an item, how easy it is to contact sellers, and how safe it is to make a deal, they never look back to other platforms.
Is buying through OfferUp shipping safe?
Shipped Items and Buyer Protection Claims When an item is paid for and shipped through OfferUp, the buyer may be protected if certain problems occur, but only if the transaction and payment were completed through OfferUp. Sellers are responsible for selling the item that was purchased as described in the post.
How long does it take to get a refund from OfferUp?
Typically, if an item isn’t shipped within six days of payment, OfferUp will refund the buyer’s payment automatically and cancel the order. It may take between three and five business days for the funds to be available in your account.
Can you get your money back on OfferUp?
Purchases from Pro Sellers Using the app, buyers have the option to request a refund. Once a refund is requested, Pro Sellers will need to accept the refund in order for it to be approved. If a refund is not accepted, the buyer can submit a claim to OfferUp Support for assistance.
How do I get paid on OfferUp?
To get paid on OfferUp, sellers collect cash in person or get paid through the app for shipping transactions.Selling locally. Usually, a seller and buyer make a tentative agreement about the price before they meet. … Selling shipped items. When shipping, sellers get paid through the OfferUp app. … After you sell.
Is there a fee for selling on OfferUp?
Posting and browsing items on OfferUp is free, and buying items with cash is free for both sellers and buyers. Certain transactions, like shipped items, may include service fees or shipping costs when the item is sold. … Starting with the fourth post each month, the seller pays a fee to list each vehicle.
How do I purchase on OfferUp?
How to buy on OfferUpMeet in-person to purchase an item. Make offer.Purchase a shippable item. Make offer. Buy Now.Buying from Pro Sellers: Buy Now.
How does shipping work on OfferUp?
OfferUp will generate the shipping label for the seller, and they’ll package and mail the item to you. Packages are sent via the U.S. Postal Service. For Pro Seller purchases, sellers are responsible for shipping labels and their choice of shipping carrier.
How much does OfferUp charge to ship?
Buyers will pay for shipping costs; sellers can list for free, but will pay OfferUp a 7.9 percent fee if the item is sold. OfferUp provides buyer and seller protections; you can read more details about the shipping rules here. The shipping feature does not affect local transactions, which do not include fees.
Can I cancel a purchase on OfferUp?
Make sure you’re in the Messages tab. Find and tap the Messages conversation to find the item you want to cancel. Tap View offer. Tap Cancel offer, then Cancel offer again to confirm.
Why is offer up asking for Social Security?
If you have 200 or more transactions and sell over $20,000 worth of items in a calendar year using OfferUp Payments, you’ll be prompted in the OfferUp app to provide your full Social Security number for tax reporting purposes. You will also receive a 1099-K produced by Stripe.
Is OfferUp a good place to sell?
Although the site is totally outdated, it’s still a decent place to sell things locally, especially furniture, but I prefer OfferUp for the speed and ease of posting ads. I can post an ad in less than one minute, and I can also see buyer ratings to help avoid doing business with shady people.
Should I give my address on OfferUp?
Please don’t give away personal information such as email, phone number, or address. Use in-app messaging to communicate securely. Pay with cash or use OfferUp Payments available in some markets.
Does offer up pay for shipping?
OfferUp lets you sell items anywhere in the continental U.S. We send you a prepaid shipping label, and you get paid through the app directly into your bank account.
Can you get scammed on OfferUp?
OfferUp car scams abound. Scammers often pose as trustworthy buyers or sellers of big price items like cars. And too often, people fall for their tricks. There are red flags to be on the lookout for when using sites like OfferUp and ways to avoid the stress of recovering and/or of coping with losing money.