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-   -   how long will it take me to get to a point where i can sell more than 1k (https://www.aspkin.com/forums/paypal-talk/129395-how-long-will-take-me-get-point-where-i-can-sell-more-than-1k.html)

JamesVincent 09-02-2019 06:53 AM

how long will it take me to get to a point where i can sell more than 1k
 
I usually sell bike and bike parts that usually range from 1k upto 5k on ebay ,i ve also sold motorcycles a little bit higher than that

I just purchased stealth account with a 5/500 limit. Obviously i will sell a few low level items to get moving, but


my question is how long will it take me to get to a point where i can sell more than 1k ?

and does it make sense to start off with an business EIN to start off if you know that you are going to be selling items costing more than 1k eventually ?

phaz0rz 09-02-2019 07:56 AM

Re: how long will it take me to get to a point where i can sell more than 1k
 
Realistically, you need a good 6 months worth of smaller (<$100, probably even <$50) payments before you can start accepting payments over $1k without Paypal immediately limiting your account asking for invoices/supplier info/ID/etc.

With a 5/500 it's best to sell cheaper items anyway for the first few months to help boost your selling limits. If your usual items are over $1k then you're really going to need a secondary (much cheaper) niche to sell in while you mature this account you've bought. Find something cheaper to sell, then max out your selling limits every month and they'll start bumping you up.

It would not make sense to add your EIN to the account now, because there's a possibility of you losing the account. After you've been selling cheaper items on the account for a few months and you start mixing in your more expensive items is when you should think about adding the EIN. Even then though I'd wait until you sell a few of the expensive items. Wait until you're reasonably confident the account isn't going to be hit with a random limitation (which means at least waiting until the account is past 3 months old and out of it's "probationary period").. then make it official with your EIN.

JamesVincent 09-02-2019 12:10 PM

Re: how long will it take me to get to a point where i can sell more than 1k
 
so my question is

if i Purchase one of the higher limited accounts i see for sale in the stealth accounts section,

would i be able to start listing 1k+ items right away or i would still need to start off slow and wait a few months just like the 5/500 account ?

Thanks.

nickopedia 09-02-2019 01:03 PM

Re: how long will it take me to get to a point where i can sell more than 1k
 
It really depends on WHAT you are selling. There is no hard fast answer.

I have actually sold items of $1k+ on a BRAND NEW stealth PayPal before and didn't get limited. Of course this is NOT recommended, but it can be done.


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