Official Luthiers Forum!

Owned and operated by Lance Kragenbrink
It is currently Tue Nov 26, 2024 3:29 am


All times are UTC - 5 hours


Forum rules


Be nice, no cussin and enjoy!




Post new topic Reply to topic  [ 11 posts ] 
Author Message
PostPosted: Wed Apr 02, 2008 7:21 am 
Offline
Brazilian Rosewood
Brazilian Rosewood
User avatar

Joined: Thu Mar 01, 2007 3:15 pm
Posts: 2302
Location: Florida
You can call me the one that doesnt trust anyone, but I have a question about selling guitars at shows.

This may have been covered before, but how do you assure that you are actually paid for the guitars? With so many people writing bad checks, having credit cards that have been stolen, etc, do any of you have good advice on the money transactions for sales at guitar shows?

Is paypal the only acceptable method for payment (besides cash)?

_________________
Reguards,

Ken H


Top
 Profile  
 
PostPosted: Wed Apr 02, 2008 7:24 am 
Offline
Brazilian Rosewood
Brazilian Rosewood

Joined: Mon Jan 28, 2008 5:21 am
Posts: 4903
Location: Central PA
First name: john
Last Name: hall
City: Hegins
State: pa
Zip/Postal Code: 17938
Country: usa
Focus: Build
Status: Professional
I have been lucky and never had a problem. So very highend guitars went out and all went well. paypal is one of the best methods next to cards. cash is always great
john hall
blues creek

_________________
John Hall
blues creek guitars
Authorized CF Martin Repair
Co President of ASIA
You Don't know what you don't know until you know it


Top
 Profile  
 
PostPosted: Wed Apr 02, 2008 9:53 am 
Offline
Koa
Koa

Joined: Sat Jun 17, 2006 8:29 am
Posts: 960
Location: Northern Ireland
First name: Martin
Last Name: Edwards
Focus: Build
Status: Amateur
I remember a discussion about this, and I THINK it was here.......

long time ago though......

cash or paypal was the suggestion then ASFAIR

_________________
My soundclick xx luthier blog xx luthier soundclick


Top
 Profile  
 
PostPosted: Wed Apr 02, 2008 10:03 am 
Offline
Site Admin
User avatar

Joined: Mon Dec 27, 2004 5:02 am
Posts: 8551
Location: United States
First name: Lance
Last Name: Kragenbrink
City: Vandercook Lake
State: Michigan
Zip/Postal Code: 49203
Country: USA
Focus: Build
Status: Semi-pro
At the Healdsburg show, LMI handles the sales.
Im sure youcould do it your self too, but for me it worked out great to have LMI take the customers VISA card payment. Then LMI issued me a check for the same amount.

_________________
Support the OLF! Bookmark our STEWMAC link Today!
Lance@LuthiersForum.com


Top
 Profile  
 
PostPosted: Wed Apr 02, 2008 10:09 am 
Offline
Cocobolo
Cocobolo
User avatar

Joined: Wed Nov 08, 2006 6:12 am
Posts: 216
Location: United States
I asked Claudia about this a while back. She said that they will be able to process credit cards for us at the show.

_________________
Don Sharp
Got Brazilian?
http://www.sharpguitars.com


Top
 Profile  
 
PostPosted: Wed Apr 02, 2008 10:11 am 
Offline
Old Growth Brazilian Rosewood
Old Growth Brazilian Rosewood
User avatar

Joined: Mon Dec 27, 2004 1:20 pm
Posts: 5915
Location: United States
Lance Kragenbrink wrote:
At the Healdsburg show, LMI handles the sales.
Im sure youcould do it your self too, but for me it worked out great to have LMI take the customers VISA card payment. Then LMI issued me a check for the same amount.


That is a good point. Is this show going to do anything like that?

If not, are any of the luthiers running a cc machine? Maybe we could pay them a fee to run the transaction for us.

_________________
Brock Poling
Columbus, Ohio
http://www.polingguitars.com


Top
 Profile  
 
PostPosted: Wed Apr 02, 2008 10:16 am 
Offline
Old Growth Brazilian Rosewood
Old Growth Brazilian Rosewood
User avatar

Joined: Mon Dec 27, 2004 1:20 pm
Posts: 5915
Location: United States
Ken, to your question.

If there is no way to run a cc transaction there, I would do something like this.

If they can pay via cash or pay pal immediately great, if not....

Take a $400 - $500 NON-REFUNDABLE deposit as cash (most banks only let people take out $400 at any one time via ATM) to hold the guitar and mark it as sold. Then give the buyer a few days to either give you a check or send you certified payment. You can deposit it, verify the funds, and ship the guitar. I might even throw in free shipping.

This way you can seal the deal yet cover your butt for bad checks etc.

Once you take a deposit, I might even mark it NOT FOR SALE - RESERVED and create a "waiting list" if the first buyer tanks.

_________________
Brock Poling
Columbus, Ohio
http://www.polingguitars.com


Top
 Profile  
 
PostPosted: Wed Apr 02, 2008 10:37 am 
Offline
Koa
Koa
User avatar

Joined: Wed Jun 08, 2005 1:00 pm
Posts: 1644
Location: United States
City: Duluth
State: MN
Country: USA
Focus: Build
Status: Amateur
I wonder if this would help: Hand the buyer their new guitar, and pull out your digital pocket camera. Say, "Can I get a picture of you with your new guitar?", and snap a couple. I would think that folks who write bad checks or do fraudulent credit card transactions would be reluctant to have their photo taken (evidence.) If you get a bad feeling at that moment, follow your gut instinct.

Dennis

_________________
Dennis Leahy
Duluth, MN, USA
7th Sense Multimedia


Top
 Profile  
 
PostPosted: Wed Apr 02, 2008 10:22 pm 
Offline
Koa
Koa
User avatar

Joined: Mon Feb 18, 2008 10:01 pm
Posts: 1655
Location: Jacksonville Florida
First name: Chris
City: Jacksonville
State: Florida
Focus: Build
Status: Amateur
Ken ol buddy...I can weigh in on this. My company takes all forms of payment and I have had the least amount of trouble with cash and Paypal.

Problem with credit cards is if the customer gets home, after driving home and dinging the guitar him/herself, the customer can call the credit card company and dispute the payment. 3 times I have had to submit signed contracts and scopes of work to Visa for this very issue. Customer screwed something up and tried to screw me in the process. Eliminate this by making the customer have the dispute directly with you.

Problem with cashiers check's is validity...not to mention the fact that you should be wary of someone presenting you with a cashier's check on the weekend...especially for an amount that has never been discussed before...by and with a complete stranger.

Personal checks - no way - so many are on the moon right now.

If you take a large sum of cash you need to be prepared to mark each one with one of those ink test pens. I have turned over several hundred FAKE dollar bills to the bank.

The cool thing about Paypal is that if you have a laptop on hand...and a way to access the internet (like I do with my phone tethered to the laptop)...you can do the transfer right in front of the concerned parties. Done. I do this often also.

Hope this helps.....and I hope you cross the next hill.... 8-)

_________________
There is no difference between the man that thinks he can....and the man that thinks he cannot.


Top
 Profile  
 
PostPosted: Thu Apr 03, 2008 7:22 am 
Offline
Cocobolo
Cocobolo
User avatar

Joined: Thu Jan 24, 2008 7:59 am
Posts: 314
Location: Southwick,MA
City: Southwick, MA
ToddStock wrote:
The cool thing about Paypal is that if you have a laptop on hand...and a way to access the internet (like I do with my phone tethered to the laptop)...you can do the transfer right in front of the concerned parties. Done. I do this often also.


Also, most hotels these days have WIFI (wireless internet) available that you can access via your laptop - check to see if the site of the show has wireless access, and if so, you can easily use a laptop computer to do the Paypal transaction...

_________________
Mitch


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 11 posts ] 

All times are UTC - 5 hours


Who is online

Users browsing this forum: No registered users and 53 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to:  
Powered by phpBB® Forum Software © phpBB Group
phpBB customization services by 2by2host.com