It’s official – hobbyDB Buyers and Sellers can now interact directly with each other, similar to Facebook and other peer-to-peer marketplaces. Less time spent on us being the middleman and handling marketplace requests means more time spent helping our members have the collector’s experience they want and need.

To learn more about how the Token system works, check out our Token FAQ here.

What this means for our Sellers 

• No more waiting for seller paydays – you will be paid directly by the buyer.
• You can offer more competitive pricing – by doing this, your buyers will not be required to pay sales taxes of up to 13.5% as they would on Amazon, eBay, Etsy, and other marketplaces.
• Sell Anywhere – As you’ve already paid upfront to list items, there are no further costs. You can then offer your items on a Forum, Facebook or elsewhere. Once you agree on a transaction, you can then ask the buyer to check out via hobbyDB. The idea is to make sales admin much easier (while also enabling the buyer to see more of your sale items).

What this means for our Buyers – 

With the PayPal Purchase Protection Guarantee, PayPal has become a solid tool that buyers can rely on when it comes to disputes. We loved to be able to give you this confidence as well, but with the PayPal Protection, we feel confident that we won’t need to be in the middle any longer.

• More ways to pay – with the new secure PayPal checkout, you soon will be able to pay for items using Venmo, Bank Transfers (big in Europe) and can already use PayPal credit.
• Streamlined transactions – since sellers pay for listings upfront, there is a much better chance that they will have your item in stock
• More control over your full experience – No need to wait for us to help resolve any order issues.
• Better prices on items – No sales tax if buying from another collector along with cheaper listing fees mean sellers can offer better prices to their customers.

Next Steps

As with any big technology release, there may be a couple small glitches that don’t work exactly how we would like. We are on call and ready to answer your questions and fix any issues that arise. Just click the green contact hobbyDB button located on every page and let us know.

All orders that are placed before Feb. 9 will be handled the same as before. Sellers will continue to receive weekly payments for all orders that were purchased before Feb. 9 as they are fulfilled.

To learn more about how the Token system works, check out our Token FAQ here.