I despise 5/500 accounts with a passion. I usually disregard them and move on to another account. They are next to useless in my opinion. Does anyone here actually build those accounts? If so, have you seen any selling limit increases and how long before you saw an increase?
The complete step-by-step guide to get back to selling today!
I take it that you are US based and use VCC and VBA? If so, do you just create accounts and discard VCC's and VBA's as you go along?
In US it seems to be slightly easier to "pick and choose" but in UK the bank accounts one can have is limited, so I think people here build them up. Across the bond , it's other way around.
I actually dont mind 5/500 accounts, believe it or not all accounts that started out as 5/500 now have higher limits than the 10/1000 accounts. Not sure why does they get regular increases. Just max them out and on to the next one (no Swiss Beats lol)...
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Just tried listing on one of the 5/500 accounts and got a restriction 20 minutes later. Had to call in and they asked me nothing...told me the account restriction would be removed and i could list again. Hmmm, ok....ill go back to my 1000/25000s now.
There are ways around this....to be able to sell over 5 items and 500 bucks even though that is the limit. Will that give you a limit bump though? Not sure. Most of my stuff is buy it now with best offer...in order to sell over your limit, you need to run auction-style.
I get raises within 30 days usually......and by the 90 day hold period, if there have not been any problems, I'm at least up to 100/5k.......which is more than I'll ever use on one account for the way I operate.....
I finally figured out how to get the 100/5000 and 1000/25000 but I do not want to step on sellers tows. Also it is hard work but you can get 1000/25000 in one phone call