Selling corner
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  1. #1
    Member johnMcKlane's Avatar
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    Selling corner

    What does people mean when they say 600 net to me or just NET .
    Seiko Bulova Tissot Eterna

  2. #2
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    Quote Originally Posted by johnMcKlane View Post
    What does people mean when they say 600 net to me or just NET .
    Net is after fees to the seller. For instance PayPal charges 3% domestically. So If the buyer opted to use PP, they should add that 3% onto the price.

  3. #3
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    Re: Selling corner

    It means that the buyer wants you to pay for his use of Paypal.
    Drewdoog, kyfra, rfortson and 3 others like this.

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  5. #4
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    Re: Selling corner

    It means the buyer wants you to figure out the sale price of the watch...

    That approach is turn off for me.
    I do not have a watch collection - I have an accumulation of watches

  6. #5
    Member johnMcKlane's Avatar
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    Re: Selling corner

    Thanks
    Seiko Bulova Tissot Eterna

  7. #6
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    Re: Selling corner

    Yep, should be against forum rules. The seller is just trying to make the watch look cheaper than it actually costs. False advertising.

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  8. #7
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    Re: Selling corner

    I always calculate what I want to make into the watch so the buyer doesn't have to guess. I always feel NET price is an unnecessary advertisement price unless there are multiple options to pay. For example if PayPal takes the biggest bite out of the profit, but the buyer prefers PayPal, it should be on the buyer to cover that cost if they don't feel comfortable doing a wire transfer. In that case the seller shouldn't have to eat the added cost of PayPal for the seller's piece of mind if they offered cheaper payment options.
    Pallet Spoon likes this.

  9. #8
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    Re: Selling corner

    All they can say $600 to him, if you use PayPal you pay 3% more.


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  10. #9
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    Re: Selling corner

    Quote Originally Posted by Itubij View Post
    It means the buyer wants you to figure out the sale price of the watch...

    That approach is turn off for me.
    Agree, it would make much more sense to give the actual price per option.
    Transparency is important, and also helps avoid future misunderstandings.

  11. #10
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    Re: Selling corner

    Net means end profit. So the seller is saying that they want to pocket $600 after all is said and done despite method used. Net would technically mean buyer covers shipping/insurance/any fees.

    I usually say sale price with a 3% discount if buyer use gift or similar method.

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