Results 1 to 5 of 5

Thread: Flipping

  1. #1
    Join Date
    May 2006
    Location
    Balga Perth West Aust
    Posts
    8,129

    Default Flipping

    Anyone caught "flipping" on Aquariumlife will be dealt with harshly.
    Flipping is a term used to describe purchasing a revenue-generating asset and quickly reselling (or "flipping") it for profit.

    This forum is about sharing , not about profiteering from members
    If you think an item you have sold or given away has been "flipped" please report it to Aquariumlife mods.

    Graeme
    Read this very helpful thread on BSS .
    No pictures on your BSS advert? Then be prepared for it to be deleted ( read the rules )

  2. #2
    Join Date
    Aug 2008
    Location
    Melbourne Victoria
    Posts
    398

    Default Question

    I just want to understand this a bit better. Not that I have ever done either, but I just want to understand one point, so if you buy a product from a member, then realise you don't want it or actually don't need it or its not suitable for your needs, you are suggesting you cannot resell it on the same forum you purchased it from? Or are you suggesting you cannot sell it for more than you purchased it for in the first instance?

    I would support the fact of someone giving you something then you selling it for a clear profit, but some clarity on the above is required.

    Byrnesy

    Quote Originally Posted by Graeme View Post
    Anyone caught "flipping" on Aquariumlife will be dealt with harshly.
    Flipping is a term used to describe purchasing a revenue-generating asset and quickly reselling (or "flipping") it for profit.

    This forum is about sharing , not about profiteering from members
    If you think an item you have sold or given away has been "flipped" please report it to Aquariumlife mods.

    Graeme

  3. #3
    Join Date
    May 2006
    Location
    Balga Perth West Aust
    Posts
    8,129

    Default

    Flipping is a term used to describe purchasing a revenue-generating asset and quickly reselling (or "flipping") it for profit.

    So buying it and "not actually needing it" or "not finding it unsuitable " and selling it quickly on for profit would probably count as flipping.

    In cases where it has happened the original seller normally complains very quickly and we deal with it ( and doesn't happen often that we know of )


    Hope that helps clear things up
    Read this very helpful thread on BSS .
    No pictures on your BSS advert? Then be prepared for it to be deleted ( read the rules )

  4. #4
    Join Date
    Jun 2010
    Location
    QLD, Brisbane
    Posts
    1,678

    Default

    Yeah quickly selling it on for profit meaning more than you bought it for. Can be equipment, livestock, excess plants etc.
    some people in the past have bought for eg plants packs and get plants not needed. And have transparently forwarded them on either for free or same price and normally mention who they bought it off or with a link to the original sale.

  5. #5
    Join Date
    Sep 2009
    Location
    Oakleigh, Victoria
    Posts
    792

    Default

    In some cases the purchaser claims to be down on their luck and after getting a discount or freebie they post it up for sale. No one minds if you find you no longer want an item and sell it fir what you paid....its profiteering that is the issue.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •