Log In  Lost Password?
Home | Register | Sell | My Account | Help | Fee Schedule | Glossary of Terms | Note Investing 101 | Sample amortization schedules | Create your own amortization schedule
 
              IE Users: Click here to add this site to your favorites!

 
 Search FinancialPaper2Cash
Search title & description
Advanced Search
 Browse Categories
1031 MONEY TO INVEST
NOTE AND DEED OF TRUST, MORTGAGE
AGREEMENT FOR DEED
CONTRACT FOR DEED
LAND CONTRACT
JUDGMENT
ACCOUNTS RECEIVABLES
AIR CRAFT LEASE
ANNUITIES
AUTOMOBILE PAPER
BANKRUPTCY RECEIVABLES
BG Bank Guarantees
BUSINESS NOTES
CASINO WINNINGS
CM Chattel Mortgage
COMMERCIAL JUDGMENTS
COMMERCIAL LEASES
COMMISSIONS
CDO'S
CMO's
CONSTRUCTION RECEIVABLES
CONSUMER COLLECTIBLE
CONSUMER JUDGMENTS
CREDIT CARD CHARGE-OFFS
DELINQUENT COMMERCIAL DEBT
DIVORCE NOTES
EQUIPMENT LEASES
FRACTIONAL OWNERSHIP INTERESTS
FLOOR PLAN PAPER
INHERITANCE
INVETORY FINANCING
LAW SUIT SETTLEMENTS
LOANS for SALE
LOTTERY WINNINGS
Manufactured Home
MEDICAL DEBT PAPER
MTN Medium Term Note
PARTNERSHIP INTERESTS
PROBATE SETTLEMENTS
ROYALTY PAYMENTS
RV PAPER
RETAIL INSTALLMENT AGREEMENTS
SPORTS CONTRACTS
SBLC Stand by Letter of Credit
STRUCTURED SETTLEMENTS
TAX LIEN CERTIFICATES
TIMESHARE / VACATION CLUBS
TRAILER LEASES
VENTURE CAPITAL
VIATICAL SETTLEMENTS
OTHER
See All Categories
 Suggest a Category
Can't find it? Click Here to suggest a new category!
 Tell a Friend
Do you know someone who might enjoy our site
Click Here and we will send them an email.
FinancialPaper2Cash's Help Center Our Goal
Search Help
Back to Help Center
After The Auction - Seller
 

The end of your listing may be a busy time for you as a seller.

As auctions close, the system will email notifications to the sellers of individual auctions. This notification will include all information necessary to close the sale. It will also indicate whether or not a reserve was met.

If your item sells successfully, there's a lot to do, from contacting your buyer to accepting payment. Please make every effort to make contact as soon as possible after the close of the auction, preferably within 3 days.

If you don't receive any successful bids or something goes wrong with your high bidder, you can use the many tools and options available to solve problems and keep trying to sell your item.

Contacting your buyer
When your listing is over, it's time to get in touch with your winning bidder or Buy It Now buyer. You'll need to email your buyer to exchange information. The buyer's email address will be provided in the email announcing the end of your listing.

Ask the buyer for:

  • The escrow, title company, or attorney

Tell the buyer:

  • How you will close the asset
  • When to expect it
  • Which payment options you accept
  • The total price

What if my high bidder won't pay?
Non-Paying bidders face the following consequences through this program:
? First offense: warning
? Second offense: Suspension of Auction Privileges

What to do if you're a seller with a non-paying bidder

Step Explanation Time Frame
1. Contact each other Contact each other after your listing has ended. Like you, buyers can have emergencies or computer problems. Your high bidder may not be able to respond to you right away for legitimate reasons. Generally within 5 business days is a good idea.
2. Payment Reminder Send a payment reminder email to your winning bidder. You can customize the email. After 5 days but not past 30 days of your listing's close.

What if I can't reach my winning buyer? Like you, Buyers can have emergencies, illnesses, or computer problems. Check your Buyer's Feedback to see what other users have said. If there is mostly Positive Feedback with little or no mention of problems, be patient. Your buyer may not be able to respond to you right away for legitimate reasons.

Back to Help Center
 
Still have questions? Contact Us FinancialPaper2Cash's Home | Print | Add to favorites
Home | Register | Sell | Announcements | Help | SiteMapContact Us
 

Credit Card Merchant

Use of this Web site constitutes acceptance of the FinancialPaper2Cash User Agreement and Privacy Statement.

Designated trademarks, logos and brands are the property of their respective owners.

Copyright © 2002-2005 FinancialPaper2Cash. All rights reserved.