Stock FAQs

how to refund on stock x

by Assunta Weber Published 3 years ago Updated 2 years ago
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StockX Refunds Since StockX is an intermediary between the selling and buying party there is no way they can assure their seller a refund or an exchange or a swap of any kind. However, there is one way one could go for a “refund” and that is by selling your faulty product back at StockX to another buyer.

Full Answer

Can I get a refund from StockX?

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How to withdraw money from StockX?

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What is StockX’s return policy for counterfeit items?

Selling on StockX. Asks, Sell Now, shipping, verification and payment info

How long does it take to return a StockX item?

Mar 23, 2022 · If StockX cannot reasonably confirm the authenticity of the item or determines it is not authentic or does not meet our condition standards, then we will notify the buyer and the seller that the item has not passed authentication and will issue a refund to the buyer.

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How to buy stock x?

There are thousands of items available to choose on StockX. Now, there are two ways to buy a particular product: immediate purchase and engaging in a bidding war. If you want the item immediately and bad enough, you can purchase it straight away for the lowest asking price. If you want to try to get away with paying much less, there’s an option to submit a bid and simply engage in a bidding war.

What happens after you purchase an item on StockX?

But what happens after you’ve successfully purchased an item? Well, StockX obligates the seller to ship the item within two business days, meaning that they’re held accountable if they delay the sendoff. This is a fantastic benefit that StockX offers, as sellers do tend to be late in this regard.

What is StockX website?

StockX was founded in 2015 and its tagline is “the stock market of things”. What this website does is makes purchasing streetwear, watches, designer handbags, but mostly sneakers safe and secure. The service doesn’t sell anything but rather acts as a middleman for you and the seller in question.

How long does it take to ship a stockx?

From that moment, you have exactly two business days to send out the package. If you don’t, StockX will hold you accountable and charge you a fee.

Does StockX have a green tag?

Your item then arrives at StockX and is thoroughly checked for authenticity. This is the bread butter of this company – they make sure that the product you’ve paid for is in great condition and absolutely authentic. When an item gets a green tag that spells “verified authentic”, StockX ships out the order to you. Of course, you also get to track the order’s status online.

Does StockX work like the stock market?

In that sense, StockX, in a way, works like the stock market.

Can you return stock x?

StockX, as the company explains, operates on a live market and, due to its anonymous nature, they can’t offer exchanges, refunds, or swaps. Yes, that’s right – if you ordered the wrong size, you won’t be able to swap it ...

What does StockX monitor?

StockX may monitor the integrity of the StockX marketplace and may take steps to protect the marketplace as determined by StockX in its sole discretion (e.g., if StockX believes a seller or buyer is engaging in market manipulation or fraud, including creating false or “dummy” accounts). If StockX believes that a seller or buyer attempts to interfere with the free and fair operation of the StockX marketplace, or creates artificial, false or misleading information, or information appearing to mislead with respect to pricing or demand for a product on the StockX marketplace (all of the foregoing in StockX’s sole discretion), then, without limiting any other rights of StockX, StockX reserves the right to do any or all of the following, in its sole discretion: (i) remove any or all of the user’s listings from the Services; (ii) cancel any or all of the user’s orders pending through the Services; (iii) withhold any payments due to the user; (iv) place limits on a user’s buying and selling privileges; (v) notify law enforcement of the fraudulent activity; (vi) temporarily or permanently suspend the user’s account, and (vii) charge the user’s credit card an additional service fee of up to $1,000 to cover StockX’s investigation fees and other related costs and expenses.

What is StockX marketplace?

StockX allows third party sellers to list and sell their products in a live marketplace on the Site and Services. Sellers' products will be made available for sale on all of our Sites and mobile applications. Buyers and sellers must create an account to purchase or sell items on the StockX platform (see Section 3).

How does StockX resolve disputes?

You and StockX each agree that any and all disputes or claims that have arisen or may arise between you and StockX relating in any way to or arising out of the Terms or your use of or access to the Services, shall be resolved exclusively through final and binding arbitration, rather than in court. Alternatively, you may assert your claims in small claims court, if your claims qualify and so long as the matters remains in such court and advances only on an individual (non-class, non-representative) basis. The FAA governs the interpretation and enforcement of this Agreement to Arbitrate.

What does "use our services" mean?

use our Services to solicit sales outside of StockX or to contact any user of the Services;

How long does it take for a stock to abandon a package?

If a buyer or seller refuses to accept delivery of a package sent to his/her address on file, StockX will consider the property abandoned after thirty (30) days and may charge the buyer or seller StockX’s reasonable expenses incurred due to such refusal to accept delivery.

Where is StockX located?

1.1 These are the terms and conditions of use for https://stockx.com/ ("Site"). The Site is operated by StockX LLC of 1046 Woodward Ave, Detroit, MI 48226 USA (“StockX,” “we,” “us”, or “our”) and is a live marketplace that allows users to research, buy and sell certain consumer goods. These Terms and Conditions of Use, our Marketplace FAQs (the “FAQS”), and all other requirements posted on our websites, all of which are incorporated into these Terms and Conditions of Use by reference and as amended from time to time (collectively, “Terms”) describe the terms and conditions on which we provide our websites (the “Sites”), services, data, software, applications (including mobile applications) and tools (collectively “Services”) to you, whether as a guest or a registered user. Not all FAQs may be applicable to the German market.

What is an in-app purchase?

Through our mobile applications, you may purchase (“In-App Purchase”) certain goods or features designed to enhance the performance of the Services. When you make an In-App Purchase, you are doing so through either the Apple iTunes service or the Google Play service and you are agreeing to their respective Terms and Conditions, available at http://www.apple.com/legal/internet-services/itunes/us/terms.html and http://play.google.com/intl/en_us/about/play-terms.html ). StockX is not a party to any In-App Purchase.

What happens if you overpay on StockX?

Retailers like StockX place their brand identity and reputation above everything else. If you mistakenly overpay or buy an unnecessary thing, you’ll probably have to pay for it. On the other hand, you can always try to reason with their customer support.

What is StockX retail?

StockX is a retailer with a renowned reputation. They have a specific modus operandi that requires all sides of the deal to respect it.

Why is StockX so popular?

A part of StockX’s popularity is due to its “honor the trade” motto. If you opt to buy something, you have to respect that decision.

What happens if a seller doesn't send an item?

On the other hand, if a seller doesn’t send an item in time, you’ll get your money back and they’ll get a penalty.

Does StockX automate bids?

To prevent this type of manipulation, StockX automated the entire order process. As soon as your bid is accepted, the money goes out of your account.

Can you resell items on eBay?

Think about it; you’re trading on one of the biggest online retailers of its type. So there’s no need to worry, you can just resell the items. There’s a big chance that you’ll get your money back.

Does StockX have a website?

The entire StockX website is optimized to sell quickly. So there’s no need to post extensive descriptions and images. You just have to choose the item from the catalog, and the platform does the rest for you.

What Is the Return Policy at StockX?

StockX returns operate on a case-by-case basis. If there is an issue with your order you need to contact customer service in writing within 3 days of the receipt of the item.

How Strict Is the StockX Return Policy?

The StockX return policy is considered to be very strict. You have a small window to start the process for the return, and the product must be in the exact condition it was sent in to even start to qualify for a return.

Can I Return My StockX Products After 30 Days?

You cannot return any StockX products after 30 days. The return window sits firmly at 3 days after the receipt of your item.

Are There Return Exceptions?

Exceptions on returns are made on a case-by-case basis. There is no way for StockX to guarantee results because each shopping situation is unique.

Does StockX Have Free Returns?

If StockX authorizes your return then you can ship the item back to the company for free as long as you are sending it back from the country indicated on the return label.

How Long Do StockX Refunds Take?

Because there is no specific return policy, there is no hard-set way to determine how long a refund will take if you are granted one.

Does StockX Send Fakes Back?

According to Section 6 of the StockX Terms and Conditions, StockX will refund all fees and costs paid by the buyer for a counterfeit item, including shipping and handling fees.

What to do if you can't afford stock x?

If you’re sure that you can’t afford an item, or you’ve just made a mistake, rush over to the StockX Twitter pager or email their support. And then just sit tight and hope for the best.

What happens when you bid on StockX?

When your Bid or Ask on StockX is accepted, the process of creating your order is automatic. When you created your StockX account, you entered all your information, including payment method and billing info. So, at the same time, the seller was notified about the purchase, you’ll receive a confirmation of your order.

What happens if a stock doesn't send?

However, if the seller doesn’t send it, you can reach out to StockX support and ask them to cancel your order. The odds are that they will agree to do so. The seller will then have to pay a penalty fee or even have his StockX account suspended.

Why did StockX create the system?

StockX has created this system to preserve the integrity of the marketplace. The company has to do this if they want customers and sellers to buy into their ethos. If someone can cancel a bid because they’ve changed their mind or because they’re chasing for a higher price, that disturbs the way StockX does business.

What is the StockX rule?

The StockX rule about no cancelations ensures that every party entering the bidding process has clear intent of following through. But is there something to be done in case of accidental purchases?

How long does it take to ship stockx?

According to StockX guidelines, the sellers need to ship an item within two business days. And then, it’s up to StockX to do an authentication process.

Can you cancel an order on StockX?

But with that guarantee comes a lot of rules on how you sell and buy via StockX. This also means that once you order an item on StockX, you can’t cancel it.

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