07-05-2020 3:51 PM
My problem: I need to sell an expensive item from my personal collection to make rent this month, but people on Facebook have told me to not use royal mail as they won't compensate me for the loss even if I buy their insurance which is up to a certain amount. I was told the same thing about DPD and Hermes, and UPS and 'especially parcel force.' So I don't know what to do?? Should I try and sell anyway and risk loosing both my item and the money or what???
New at this selling (usually I buy stuff) Looking for some guidance.
What are you thinking of listing and what is the value?
Royal Mail Special Delivery should be adequate, you can add extra insurance.
I must point out though that there are clever scammers out there and that there are ways to part you from your item and your money.
I would only list what I can afford to lose.
You really need to do your own research as a lot depends on more than just the value of your item.
The list of items that some carriers will not carry or offer compensation for if damaged in transit can be extensive, especially with low cost carriers such a Yodel and Hermes. Price is usually a good indication of level of service.
If you use the incorrect standard of postage insurance for the value of your item and it is lost or damaged you may get no compensation at all, not even the value you have insured your item for.
For expensive items you must use a fully tracked and insured service.
https://www.royalmail.com/price-finder
Royal Mail accepts parcels up to 30Kg.
http://www.interparcel.com
http://www.shiply.com
http://www.parcel2go.com
https://shutl.com/uk
Shuttle is no longer used by eBay but seems to still be operating independently.
You don't give much information bur RoyalMail Special Delivery allows for up to £2500 of cover, but you must conform to all their requirements. They do have a booklet detailing restrictions and prohibited items, but all details can be found on their website.
Most Couriers offer very little compensation and also have a very long list of what they DO NO compensate for. It is up to you to read all T & C whoever you end up using, as Couriers are quite happy to take your money whether or not they provide any protection.
Your other main problem is lack of experience in selling and scammers are quick to pick up on this, and many can be very plausible, but they are just after something for nothing.
I would consider using a GOOD auction house, fees would be high but you would be likely to get paid sooner, although good auctions do not happen overnight, they are planned and catalogues printed and may only be once a fortnight or month.
As a returning seller you will also be subject to paypal 21 day hold on funds, although if you add tracking money released earlier.
So no guarantee that you will be able use money quickly.
I know you are trying to raise money, but as it is expensive item, may be risky.