What is Pending Pickup?
We are a peer-to-peer payment system that allows buyers in digital marketplaces like Facebook and Craigslist to lay claim to items they are interested in for a small fee. These fees accrue to an escrow account and count toward the final purchase price of the item if the buyer opts to buy, or, are paid out to the seller as a service fee if the buyer passes on the item.
Is Pending Pickup right for you?
Power sellers
Individuals or small businesses that sell on digital marketplaces for a profit or to have a self-funding hobby. You are usually managing multiple listings simultaneously and coordinating many buyers at once.
Patient Sellers
Individuals that casually post to these marketplaces. You’re in no real rush to sell and often price listings higher and are happy to wait for the right buyer. While you are not managing the same volume of listings as a power seller, you value the ability to sort out who is serious and who is just casually interested in your listing.
Need it Gone Now Sellers
For one reason or another, you need to move a high volume of listings rather quickly (e.g. moving). You generally price competitively and don’t have the luxury of time to sort through and schedule the massive inflow of buyers.
Busy Professionals
You are a working professional with multiple professional and personal demands on your time and attention. You value optimization and don’t have a lot of time or patience for no shows.
Security Minded Sellers
You are rightly so concerned about personal privacy and sharing your location or other details with an unconfirmed buyer. Having a down payment on a listing, knowing that there is confirmed interest should calm these concerns that they are truly coming to buy your listing.
Busy Professionals Buyers
You are a working professional with multiple professional and personal demands on your time and attention. You value optimization and are willing to pay for the convenience of a smoother transaction and the flexibility to schedule a viewing when it works for them.
Collaboration Buyers
You and at least one other are making a joint decision about a listing and need additional flexibility. They are willing to pay a small fee to hold items they’re interested in to allow them more time to discuss and decide among their holds
Logistically Limited Buyers
You found the item of your dreams, but do not have ready access to a car, truck, or the extra hands needed to move larger items. You are looking for a flexible way to hold the item for a few days while you sort out the logistics.
Security Minded Buyers
You are rightly so concerned about personal privacy and sharing your email or other details with a seller until you have confirmed the sale. Also by putting a down payment on a listing, you can be confident that your item will be there and not sold to another party.
What does Pending Pickup cost?
Our business model is simple: we get paid when the seller does.
No membership required. No hidden fees. No bullshit.
Sellers
There is a 5% PROCESSING FEE that is taken out of the final sale price (2% for us, 3% for credit card processing).
If a buyer holds your listing and does not ultimately buy the item, you will be credited 3% of the listing price for every day they held the item. Credit will then be transferred to your bank account.
Buyers
You will be charged a HOLD FEE equal to 5% the listing price daily for each day you hold the listing. If you ultimately buy the listing, your HOLD FEES will be applied to the final total cost.