Originally Posted by
raqball
They hold the funds for new sellers to protect the buyer. There are a lot of scammers on eBay so they hold the funds for xx number of days to make sure the buyer receives the item and it's as described. Once you are an established seller they no longer hold your funds..
I've been on eBay about twenty years and have sold dozens of items, if not very recently (within the last year or so), including about ten bicycles and multiple automobiles. I'm using the same account with the same feedback and transaction history. No idea why I would have to put up with this but it screwed me over on this one.