Popular Facebook Marketplace for car sales; Scammers like it too

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  • Whether you use Facebook Marketplace, eBay, or Craigslist, buying or selling a car has its benefits and risks. High on the list of things to watch out for is scams and privacy concerns.
  • Facebook, for example, has a billion people who use Marketplace, and it relies on automated anti-fraud software as well as around 400 contract workers to monitor these transactions, according to a new report from ProPublica.
  • eBay offers an escrow service and can issue refunds, and Craigslist now requires car sellers to pay for their listing, which has reduced fraud. But it still helps to educate yourself.

    It is not easy to get the rules to be followed by a billion people. That’s the problem with Facebook Marketplace, which now has so many people on the site buying and selling goods. But success is no excuse for putting users at risk, which brings us to ProPublica’s recent research on the social media giant and how Facebook allowed thousands of Marketplace ads that violate its own. company rules, endangering user safety.

    Obviously, thousands of people have sold their cars or trucks safely using sites like Marketplace, eBay, or Craigslist. And thousands more will. But not everyone, like a 2015 story of Atlanta Journal-Constitution shows. There, the thieves used Craigslist to post deals on vehicles including a 2011 Honda Accord and 2007 Dodge Caliber, but asked buyers to come forward with cash. Then when they did, the “sellers” instead robbed the interested buyers. Stories like these aren’t hard to come by and can help encourage sellers and buyers to know what safety measures are in place – and what actions it makes sense to take themselves – when selling cars. in line.

    Facebook market

    ProPublica notes that Facebook uses different methods to ensure the security and reliability of the Marketplace. First, there is anti-fraud software to detect scams, but because it is not the most accurate technology, Facebook also uses around 400 Accenture employees to “respond to user complaints and review reported lists. by software, ”said ProPublica. One of the issues here is that these employees got access to Facebook Messenger’s inboxes, which resulted in them spying on people. A Facebook spokesperson told ProPublica that this access has been changed. Another problem is that those 400 workers each have to deal with around 600 complaints or requests for help per day, leaving them less than a minute to deal with each one. ProPublica has published its own guide with tips on how to “avoid getting ripped off” on the worthy Marketplace.

    Craigslist and eBay, which have been in the classifieds game longer than Facebook, appear to have better security measures in place. eBay offers an escrow service and will offer refunds if the sale is found to be fraudulent. Craigslist now also charges people to put a car up for sale, which has reduced the number of frauds on the site, experts told ProPublica.

    We put together a list of 10 tips for successful car buying on Craigslist six years ago, and the safety things we mentioned, such as meeting in a public place if possible, and creating a paper trail in the event. problem, remain valuable. When it comes to buying a car or truck from Facebook Marketplace, Facebook itself says buyers should “take more time and attention” to better understand the deal and that the protection of personal information and yourself should be a “top priority”. There are similar tips on third party sites. Home security company ADT recommends seven steps for staying safe when selling items on Craigslist (but most of them would work well on other sites as well), including using an address email proxy, trust your gut when it comes to meeting potential buyers and making sure the deal is worth your time. Considering used car prices these days, the latter will likely be a resounding yes, but it’s still important to keep in mind.

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