Woke up this morning and received this email from PayPal–
A review ofyour PayPal Account has determinedthat you are in violation of PayPal's Acceptable Use Policy as it pertains to the sale of real property. It is prohibited to use PayPal for the sale of real property, which includes the direct sale of property, timeshares, or variations on this model such as raffles/lotteries and reverse auctions. Because we realize it takes time to find another payment processor, you can continue operating with PayPal for the next 90 days. After 90 days(Friday, June 24, 2011) your account will be closed.
This is not a decision we make lightly, and we deeply regret any inconvenience or frustration this matter may cause you. This matter has been reviewed at length, and this decision is final.
I know of several other land sellers that received the same message. Something must have happened that triggered this, but what a way to start the day…
We do accept other forms of payment like credit cards and checks etc., but so many people have PayPal accounts and are comfortable using it that it just irks me to have my business affected so quickly and without any warning.
