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03-10-2008, 09:52 PM #1
sportlots
i have a question for those that have sold on sportlots.. My question is for those that have sold cards that was under 25.00 a month and u have never made it to the 25.00 a month what do they do with the money that had in your account?
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03-11-2008, 08:10 AM #2
Initially..I was just going to assume it sat in your balance, which I think it does..only as a "site credit".
Here's their T.O.S in regards to sales & cashout options
Getting Paid
Early each month, Sportlots calculates seller payments based on orders filled the previous month. When calculation has been completed, Sportlots will send payment to each of the sellers. Sellers recevie 100% of the postage they charged and Sportlots deducts a fee based on a percentage of sales for the month. This percentage varies depending on the amount of sales generated that month. The higher the sales, the lower the percentage.
Sellers can get paid 3 ways:
1)Paypal payment: Regardless of amount, the seller will be paid each month
2)Check: If the sellers total amount is over $25, Sportlots will cut a check to the seller, otherwise the amount will be put in credit. Any amount in credit can be used immediately to purchase cards on the site, or can be cashed out once the total in credit is greater than $25.
3)Credit: If this is selected, the sellers total will go into credit. You can use this money at anytime to purchase cards, or once the total amount is over $25 in this credit, payment can be requested via check or Paypal.
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03-11-2008, 08:21 AM #3
You can cash out whenever you want to. Just go to the Profile link on their site.
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03-19-2008, 04:10 PM #4
I set mine as credit to buy more cards.
Mark
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03-24-2008, 10:13 PM #5
I do what he does ^^^
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