I lost my iPhone 13 yesterday and I was able to use the Find My app to track it to a specific address. I used Find My to put it in Lost mode.
Is the phone now basically a brick to whoever has this in their posession? I entered my number in the hopes they might contact me (doubtful as they should have turned it in to lost and found), but I would be happy in the knowledge they can’t profit off their theft.
When buying used Apple devices there are two things everyone should check for before paying.
Activation lock has been removed. This just requires that the device is not logged in to an Apple ID.
The device is not managed by a Mobile Management Profile. Schools and companies use these to manage the devices of students and/or employees to restrict what they can do with the devices.
I’ve never heard of anyone using activation lock as a sort of escrow to keep the device locked until they confirm payment.
Personally, I would never buy an Apple device from someone unless it is in person so I could verify the two things I pointed out above have been removed.