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Ultimate Guide of Selling on Facebook Marketplace

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Ultimate Guide to Selling on Facebook Marketplace 2019

Selling items can be a painful task. It may take days, weeks,s, or even months to sell something.

In 2016, Selling on Facebook became easier, as the company developed a new product “marketplace” to help users list stuff, connect with nearby buyers, and get more offers and sell quickly.

In this article, we will answer some frequently asked questions on Selling on Facebook Marketplace:

  • What items are allowed to sell on Facebook Marketplace?
  • How selling on Facebook Marketplace work?
  • How to sell safely on Marketplace?
  • Is it possible to sell and promote used vehicles listing on Facebook Marketplace? For car dealerships.
  • Is it possible to list a house for rent? For property managers or agents.
  • How can I become a Facebook Marketplace Partner?
  • What are the support channels if Facebook Marketplace isn’t working?

Selling on Facebook Marketplace: what’s allowed and prohibited?

You can sell new or used products and services on Facebook Marketplace; however, you need to comply with commerce and community standards policies.

First, to sell any item, you need to:

Take your own photos.

Use photos that represent the item in its current condition so buyers can see what they are getting.

Write a full, honest description.

Let buyers know the item’s condition and why you are selling it. If you have certificates, original packaging, or receipts, they can help buyers feel confident purchasing from you.

Make sure the price is right.

When you post your sale, Facebook will let you know what similar items are selling near you. You can also search for similar items to compare.

Mark your item as sold

When the buyer has received the item, mark it as sold to get additional offers.

Tips for Buying and Selling Safely on Marketplace

View the person’s profile

Learn more about the person you are buying from or selling to. You can tap a person’s profile on the product listing page to see the friends you have in common, their Marketplace activity, and any ratings they may have received.

Report listings that look suspicious

Be sure to check seller profiles. See what else they’ve sold and read listing descriptions carefully. If something doesn’t seem right, you can report it.

Meet in a safe location

Consider meeting in a public place where there are plenty of people, such as a coffee shop, grocery store, shopping mall, or police station. Bring a friend and let others know where you’re headed. For high-value items, consider meeting at a police station.

Inspect the item

  • If possible, inspect or test the item thoroughly before buying it.
  • Use cash or person-to-person payment methods. It’s recommended to use PayPal or cash.
  • When selling an item, consider asking for full payment instead of installments.
  • If you choose to use PayPal, protect yourself against common PayPal scams.

Protect your personal information

Never share personal information, such as your payment login, password details, or bank account info. Don’t share your personal financial information to make or accept a purchase. If you’re selling electronics, ensure you’ve cleared any personal information from the device.

Is it possible to sell and promote used vehicles listing on Facebook Marketplace? For car dealerships.

1- Research what it’s worth

Check trusted sites to help price a car. Research local property prices to come up with a fair price.

2- Request a protected payment method

Choose a payment method that will protect you from bounced or counterfeit checks.

3- Check buyer and renter information carefully

You can use services to verify employment, credit scores, and other information.

4- Make things presentable and ready for sale

Get cars and property ready for inspection, a test drive, or a home tour. Make sure that all documents are in order.

Reach even more car buyers – Sell used vehicles on Facebook Marketplace.

Millions of people shop for vehicles on Facebook Marketplace every day. Now car dealerships can publish used vehicle listings on Marketplace to reach buyers where they’re already searching for vehicles – and stay ahead of the competition.

Benefits of Marketplace For Car Dealerships 

  • Grow your potential vehicle-buyer base.
  • Answer buyers in real time with Messenger.
  • Deliver helpful info such as price, model, and mileage.
  • Target buyers on the go with mobile-friendly listings.

This is a limited introductory program in Australia, Brazil, Canada, France, Germany, Indonesia, Mexico, the UK, and the US designed for car dealerships that work with partners who can list inventory on Marketplace; it is not for individual car owners.

Dealerships that work with a listing partner can get started straight away. If not, sign up to get started and to list used vehicles on the Marketplace.

Are you a property manager or an agent?

Here’s everything you need to know about listing homes for rent on Marketplace.

Property managers can list a broad selection of housing inventory for rent on Marketplace. People can browse these listings on Marketplace and use filters such as housing type, price range, bedrooms, bathrooms, square footage, and pet-friendliness to find what they want. When someone finds a listing they like, they can fill in a short form with their contact information, which the property manager or agent will contact.

Some of the benefits to listing inventory on Marketplace include:

  • Reaching renters on Facebook where they’re already looking for homes for rent.
  • Receiving contact information through a simple contact form
  • Delivering useful information such as the number of bedrooms, square footage, and pet-friendliness
  • Showcasing multi-unit listings when multiple units are available in the same building

Keep the following information in mind when listing home rental inventory on Marketplace:

  • Facebook doesn’t directly use broker, lease, or sublease property and isn’t a party to any transaction between renters and landlords (including property management companies and property managers).
  • Listings that discriminate against a protected class can be reported and will be removed from Facebook.
  • Rental agencies can’t list properties for sale but can list housing for rent. This includes rooms, apartments, townhomes, and houses for rent.
  • Rental listings will appear only on Marketplace, not on a Facebook Page (unless deliberately shared to a Page).
  • Marketplace automatically shows listings within 40 miles of a person’s location, but this setting can be changed.

List Home Rental Inventory on Marketplace

Use this list of Facebook Marketplace listing partners and contact them to arrange for your inventory on Marketplace.

United States

  • Apartment List: Contact [email protected]. Remember that Apartment List only works with communities with 50+ units.
  • Zumper: For landlords with over 25 units, please go to https://www.zumper.com/multifamily. For landlords with under 25 units, post them at www.zumper.com/pro.
  • ABODO: Contact [email protected] or visit www.abodo.com/advertise.
  • Rental Beast: Go to www.rentalbeast.com/landlords/post_listing and list your property.
  • If you have multiple properties, email [email protected] or call 888-244-6696.

Canada

  • RentBoard: Contact [email protected] or go to www.RentBoard.ca.
  • RentSeeker: Contact [email protected] or go to www.RentSeeker.ca.
  • Zumper: For landlords with over 25 units, go to https://www.zumper.com/multifamily.
  • For landlords with under 25 units, post them at www.zumper.com/pro.

France

United Kingdom

Thailand

  • Hipflat: Go to https://www.hipflat.sg/login.
  • Dot Property: Go to https://www.dotproperty.co.th/en/upload-your-property.
  • Property Flow: Go to https://app.property-flow.com/en/account/login.

Partner With Facebook Marketplace

Partner with Facebook Marketplace and give your customers new ways to reach people through features like free, unlimited listings and real-time messaging.

  • Reach buyers on Facebook who are already shopping
  • Provide fast answers with real-time messaging
  • Target buyers on the go with mobile-friendly listings
  • Deliver useful information to help people decide on a purchase

Types of Partnerships

Facebook is looking for partners in the following industries.

Automotive:

  • Auto shopping sites, website providers, live chat providers, or similar businesses
  • Are you a car dealership? Sign up

Housing Rentals

  • House or apartment shopping sites, live chat providers, or similar businesses.

What are the support channels if Facebook Marketplace isn’t loading/working?

If you have fallen victim to Facebook Marketplace policies and a recent technical glitch that locked out thousands of users, Facebook has addressed the issue and released a form to help lock out users. The fix comes in less than 24 hours after submitting the form.

how to access the Facebook marketplace on desktop

On the desktop, open the browser, login into your Facebook account, and click the red and white storefront symbol in the left margin.

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Saudi Fintech Lendo Signs MOU with J.P. Morgan

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Saudi Startup Lendo Joins Forces with J.P. Morgan to Enhance SME Financing

Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) today with J.P. Morgan to improve access to financing for small and medium-sized enterprises (SMEs) across the country.

The MOU was signed during 24 Fintech, a premier fintech event that brings together industry leaders, innovators, and investors in Riyadh.

J.P. Morgan and Lendo are working together on potential opportunities to support the SME sector in Saudi Arabia in growing and sustaining the remarkable demand in this market.

“This strategic collaboration with J.P. Morgan, a pioneer in the financial industry, marks a significant milestone for Lendo,” said Osama Alraee, CEO and co-founder of Lendo. “By combining our strengths, we’ll deliver cutting-edge financial solutions to SMEs, supporting their growth and contributing directly to the realization of Saudi Arabia’s Vision 2030.”

The SME financing landscape in MENA presents a substantial market opportunity as limited financial access continues to restrict the growth of the region’s businesses, with commercial banks hesitant to issue loans to SMEs at scale, resulting in a high percentage of declined financing requests annually.

The total SME financing gap in developing countries is estimated to be approximately $5.2 trillion, according to the International Finance Corporation (IFC).

Lendo’s debt crowdfunding platform aims to bridge the financing gap for SMEs, aligning with Saudi Vision 2030’s goal to significantly expand SME lending from 4% in 2018 to 20% by 2030.

According to the latest available report from the Saudi Central Bank (SAMA), the total value of debt crowdfunding in Saudi Arabia surged from SAR 1.4 million in 2019 to SAR 771 million in 2022, marking a remarkable growth.

Lendo raised SAR 132 million ($35.2 million) in total funding from leading investors, including the most recent Series B led by Sanabil Investments, a wholly-owned company by the Public Investment Fund (PIF).

Since its inception in December 2019, Saudi fintech Lendo has processed over 5,000 financing transactions on its platform, providing over SAR 2 billion ($600 million) in financing to SMEs and generating SAR 280 million ($74 million) in returns for investors.

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TA Telecom Introduces AnteThink: A New AI Decision Support Tool

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**TA Telecom Introduces AnteThink: A New AI Decision Support Tool for Enhanced Decision-Making**

TA Telecom, a prominent player in the Middle East’s tech sector, has unveiled AnteThink, an AI-driven tool designed to enhance decision-making processes for individuals and businesses alike.

With a history of influencing the tech landscape through various initiatives, including advanced mobile solutions, high-volume payment platforms, and ventures in e-commerce, fintech, and analytics, TA Telecom has carved a niche for itself. Serving a vast user base of 40 million and processing an impressive 15 billion transactions across its platforms, TA Telecom has cemented its position as a tech industry leader, with some of its ventures achieving the status of Y Combinator companies.

Established in 2000, TA Telecom has emerged as a prominent player in the technology sector. With over 40 million users and processing 15 billion transactions annually, TA Telecom has made a notable impact. Recognized for its contributions by the Financial Times and featured on Deloitte’s list of fastest-growing tech companies in EMEA, TA Telecom is known for its adaptability and forward-thinking approach in the ever-evolving global tech landscape.

Sameh Ibrahim, CEO of TA Telecom, highlights the potential of AnteThink: “AnteThink reflects our commitment to leverage technology for practical impact. It aims to provide clarity and confidence in decision-making, whether in the professional or personal sphere. AnteThink is a tool that can empower startup founders, executives, and individuals to make more informed choices, alleviating the stress and uncertainty often associated with critical decision-making.”

Mostafa Ashour, CEO of Y Combinator-backed startup NowPay, shared his perspective on AnteThink: “AnteThink transformed our strategic planning, allowing us to explore various scenarios and prepare for different outcomes. It has strengthened our decision-making process, helping us navigate the complexities of the business landscape.”

AnteThink embodies TA Telecom’s commitment to innovation, focusing on supporting the startup ecosystem. The tool is tailored to help leaders and executives navigate the complexities of business management and strategic development by providing a clear picture of potential outcomes.

Key Features of AnteThink include:

1. Second Order Mode: Offering a comprehensive analysis of broader impacts, fostering a strategic mindset for long-term success.

2. Optionality Mode: Enabling detailed evaluation and comparison of different choices to ensure decisions align with strategic objectives and values.

3. Inversion Mode: Focusing on identifying and mitigating potential risks, thereby strengthening risk management strategies.

TA Telecom Introduces AnteThink: A New AI Decision Support Tool for Enhanced Decision-Making

Credit: Antethink

AnteThink’s advanced AI technology aims to assist decision-makers with insightful analytics, offering guidance through the decision-making process.

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GoDaddy’s Global Markets VP Predicts Egypt’s E-commerce to Hit $9.88 Billion by 2028

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GoDaddy's Global Markets VP Predicts Egypt's E-commerce to Hit $9.88 Billion by 2028

Selina Bieber, the Senior Director of Global Markets at GoDaddy, has predicted a significant increase in Egypt’s e-commerce revenue. By 2028, it could reach $9.88 billion.

Godaddy is forming strategic partnerships and launching initiatives to help local entrepreneurs. These efforts align with Egypt’s digital transformation goals and its Vision 2030.

In an interview with the Arabic financial news “Amwal Al Ghad,” Bieber spoke about GoDaddy’s plans and how they match Egypt’s 2023 strategy. She highlighted the company’s aim to provide effective, easy-to-use digital tools and services. By 2024, GoDaddy wants to serve more customers in Egypt by making its digital tools more widespread.

The company is working closely with the Egyptian government, especially the Ministry of Planning. They are offering training programs to improve the digital skills of startups and existing businesses. GoDaddy’s services in Egypt include domain registration, web hosting, e-commerce solutions, and digital marketing tools.

Recent surveys support Bieber’s positive outlook for e-commerce in Egypt. They show a clear trend towards digital strategies among small businesses. Many are realizing the importance of having an online presence for their growth and success.

As GoDaddy continues its partnerships and supports government digital initiatives, its influence on Egypt’s digital landscape is growing. The company is committed to sustainability and reducing its carbon footprint. It aims not just for business growth but also to contribute to a sustainable and thriving digital economy in Egypt.

The 2028 projection indicates a vast potential for e-commerce, with GoDaddy playing a key role in this digital evolution.

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