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Wacarry
Site Supporter
Location: Olympia Joined: Sun Oct 16, 2011 Posts: 3696
Real Name: Kelley
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I’m planning on selling a pistol soon. My question is-
For a private sale, how does the process work now?
I assume I meet the buyer at an FFL, but here’s where I get confused. Do we do the paperwork then buyer pays the money to me for pistol then the FFL holds said pistol until the buyer passes the check? What happens if the buyer doesn’t pass?
Thanks in advance.
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Mon Sep 09, 2019 8:11 pm |
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WaJim
In Memoriam
Location: Tacoma Wa Joined: Tue Oct 8, 2013 Posts: 16607
Real Name: George Bailey
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Yeah....
If it doesnt transfer do you get your gun back by having it transfered from FFL back to you? Pay for that transfer? .....And you have a mandatory minimum ten day wait to get it back?
When you sell does the buyer pay you then wait for his ten days or do you have to meet @ the FFL the day of the transfer then get payed.
If the buyer fails the BGC how does he get his money back..they call you?
Glad they got this all ironed out..........
_________________ "Remove one freedom per generation and soon you will have no freedom and no one would have noticed."......Carl Marx
"Let us Cross the river and sit in the shade of the trees" .....Stonewall Jackson
T. Jefferson "....the tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. it is it's natural manure"
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Mon Sep 09, 2019 10:13 pm |
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Guns4Liberty
Site Supporter
Location: Lynnwood/Bothell Joined: Thu Jul 31, 2014 Posts: 8562
Real Name: Curtis
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Some of it will be up to the FFL, and some will be up to you and the buyer. The FFL sets the fee(s) and dictates whether they will hold the gun during the wait period or whether the seller holds onto it (nearly all will hold it). They will also dictate whether, in the event the transfer to the buyer can't be completed, you as the seller will have to go through a BGC to get your own pistol back. You and the buyer get to work out amongst yourselves whether payment takes place at the time the transfer is initiated or at the end once the transfer is approved. If I was the buyer, I'm not handing over cash until I know (and at which time) I can take it home.
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Tue Sep 10, 2019 5:34 am |
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Massivedesign
Site Admin
Location: Olympia, WA Joined: Fri Mar 11, 2011 Posts: 38307
Real Name: Dan
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With the new law, the dealer has to hold the gun until the completion of an approved FTA, from what I was told.
Also, you are selling your son a gun. Under the law, you can GIFT it to him free from BGC.
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Tue Sep 10, 2019 5:53 am |
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Wacarry
Site Supporter
Location: Olympia Joined: Sun Oct 16, 2011 Posts: 3696
Real Name: Kelley
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Massivedesign wrote: With the new law, the dealer has to hold the gun until the completion of an approved FTA, from what I was told.
Also, you are selling your son a gun. Under the law, you can GIFT it to him free from BGC. Selling it soon, not to my son :)
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Tue Sep 10, 2019 6:12 am |
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SporkBoy
Site Supporter
Location: Deckerville Joined: Wed Jan 13, 2016 Posts: 2944
Real Name: Rob
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Never sell!
_________________ “The Democrats are playing you for a political chump and if you vote for them, not only are you a chump, you are a traitor to your race.”-Malcolm X
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Tue Sep 10, 2019 6:30 am |
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MyNameIs940
Site Supporter
Location: Kirkland Joined: Wed May 30, 2018 Posts: 820
Real Name: Shawn
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Massivedesign wrote: With the new law, the dealer has to hold the gun until the completion of an approved FTA, from what I was told.
Also, you are selling your son a gun. Under the law, you can GIFT it to him free from BGC. Some ffls are requiring the seller to hold onto the firearm Sent from my iPhone using Tapatalk
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Tue Sep 10, 2019 6:37 am |
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Guns4Liberty
Site Supporter
Location: Lynnwood/Bothell Joined: Thu Jul 31, 2014 Posts: 8562
Real Name: Curtis
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MyNameIs940 wrote: Some ffls are requiring the seller to hold onto the firearm I've heard of a couple FFLs allowing the seller to hold onto the firearm, but never heard of any requiring it. Do you know which ones? Most FFLs seem to require that they hold onto it.
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Tue Sep 10, 2019 6:51 am |
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MyNameIs940
Site Supporter
Location: Kirkland Joined: Wed May 30, 2018 Posts: 820
Real Name: Shawn
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Guns4Liberty wrote: MyNameIs940 wrote: Some ffls are requiring the seller to hold onto the firearm I've heard of a couple FFLs allowing the seller to hold onto the firearm, but never heard of any requiring it. Do you know which ones? Precise is requiring it. Something about they don’t have the license for holding onto them. Apparently they can’t do consignments either for the same reason. I’ve never heard of that before but that’s what they told me. Sent from my iPhone using Tapatalk
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Tue Sep 10, 2019 6:53 am |
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Guns4Liberty
Site Supporter
Location: Lynnwood/Bothell Joined: Thu Jul 31, 2014 Posts: 8562
Real Name: Curtis
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MyNameIs940 wrote: Guns4Liberty wrote: MyNameIs940 wrote: Some ffls are requiring the seller to hold onto the firearm I've heard of a couple FFLs allowing the seller to hold onto the firearm, but never heard of any requiring it. Do you know which ones? Precise is requiring it. Something about they don’t have the license for holding onto them. Apparently they can’t do consignments either for the same reason. I’ve never heard of that before but that’s what they told me. Well, that shop doesn't deserve any of our money anyway. The net profits likely end up as Democrat campaign contributions, which then lead to further erosion of our gun rights. However, as a seller, this type of policy would be my preference over the FFL holding onto my gun.
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Tue Sep 10, 2019 7:01 am |
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MyNameIs940
Site Supporter
Location: Kirkland Joined: Wed May 30, 2018 Posts: 820
Real Name: Shawn
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Guns4Liberty wrote: MyNameIs940 wrote: Guns4Liberty wrote: MyNameIs940 wrote: Some ffls are requiring the seller to hold onto the firearm I've heard of a couple FFLs allowing the seller to hold onto the firearm, but never heard of any requiring it. Do you know which ones? Precise is requiring it. Something about they don’t have the license for holding onto them. Apparently they can’t do consignments either for the same reason. I’ve never heard of that before but that’s what they told me. Well, that shop doesn't deserve any of our money anyway. The net profits likely end up as Democrat campaign contributions, which then lead to further erosion of our gun rights. However, as a seller, this type of policy would be my preference over the FFL holding onto my gun. So this is my problem. I live in Kirkland and all the ffls around me either won’t release until they hear back or charge outrageous fees for transfers. Precise is the only one that actually follows the law and charges $25 transfer fee.... Bona nox wont release at 10 days, thinks lowers are covered under 1639. Mccallen and pantel won’t release until they hear back. I may start driving up to sound loan In Everett but that’s a shitty drive after work to pick up guns or do paperwork. Sent from my iPhone using Tapatalk
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Tue Sep 10, 2019 7:08 am |
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Guns4Liberty
Site Supporter
Location: Lynnwood/Bothell Joined: Thu Jul 31, 2014 Posts: 8562
Real Name: Curtis
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I hear you, Shawn...we have basically the same problem. Precise is 10-15 minutes from me, and Sound Loan is 25-30 minutes. I suck it up and make the trek to Everett because Jeff deserves the business. But I've also stopped buying anything that doesn't transfer instantly, so it's less complicated.
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Tue Sep 10, 2019 7:22 am |
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MyNameIs940
Site Supporter
Location: Kirkland Joined: Wed May 30, 2018 Posts: 820
Real Name: Shawn
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Guns4Liberty wrote: I hear you, Shawn...we have basically the same problem. Precise is 10-15 minutes from me, and Sound Loan is 25-30 minutes. I suck it up and make the trek to Everett because Jeff deserves the business. But I've also stopped buying anything that doesn't transfer instantly, so it's less complicated. That’s my other problem. There’s nothing I can buy that transfers instantly since I’m not a citizen Sent from my iPhone using Tapatalk
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Tue Sep 10, 2019 7:47 am |
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surevaliance
Site Supporter
Location: AZ Joined: Fri Aug 17, 2018 Posts: 6793
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SporkBoy wrote: Never sell! This. With all current 594/1639 PITA I keep my guns.
_________________ FPC member GOA member Corruptissima re publica plurimae leges.
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Tue Sep 10, 2019 8:05 am |
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dimwit13
Site Supporter
Location: Western Wa. Joined: Sat Jul 5, 2014 Posts: 486
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Guns4Liberty wrote: Well, that shop doesn't deserve any of our money anyway. The net profits likely end up as Democrat campaign contributions, which then lead to further erosion of our gun rights.
However, as a seller, this type of policy would be my preference over the FFL holding onto my gun. I haven't heard about Precise Shooter...What is the problem? I have only bought a box of ammo and used them once for a transfer. -Jason-
_________________ So much to do and So little help...
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Tue Sep 10, 2019 11:38 am |
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