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4 Easy Steps To Get Started

  1. The seller posts a listing and defines a price for the wholesale lot.
  2. The buyer opens the listing page and clicks on "Buy". On the following page, the buyer reviews the details of the purchase and clicks "Checkout with PayPal". They are taken to PayPal to complete the payment.Once the payment is done, the buyer is taken to a page that displays the transaction details. They are told that the seller needs to accept the transaction before the money is transferred.
  3. The seller gets an email notification of a new transaction that needs to be accepted. If the transaction is not accepted within 3 days, the transaction is canceled and no money is transferred. Once accepted, the money (minus PayPal's payment processing fee) is transferred to the seller's PayPal account. Both parties get a receipt of the transaction via email.
  4. A second transaction is made automatically which deducts the commission for the sale. The transaction fee is moved from the seller's PayPal account to payments@simplelots.com
*Commission For Successful Sale: 25% or $25 whichever is greater of the selling price.