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Thread: Escrow - advice needed?
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03-30-2009 09:11 PM #1
Escrow - advice needed?
I'm on the verge of a decent website sale and I was wondering what the pros and cons of using escrow were?
I know they take pretty heavy commission but it's a decent sale and I don't want any problems.
Any advice would be very useful!
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03-31-2009 06:59 PM #2unlimited Guest
Well if it is a descent sale
I guess you can go on for escrow feature
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03-31-2009 08:32 PM #3
A better review (a little more information) would be appreciated :)
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04-01-2009 09:18 AM #4
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If I were you, unless I know the person personally, escrow is definitely advised.
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04-01-2009 12:33 PM #5
Okay, thanks. What kind of charge do they give? (presuming it's % of sale)
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04-01-2009 12:42 PM #6
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It really depends on the escrow service you choose. You can check this two out:
Escrow.com
Sedo
I think the escrow service payment is negligible, you can also pass it on to the seller if the seller is very keep to acquire the site.
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05-28-2009 11:29 AM #7
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Well my advice would be to share the escrow fee , that way u both have the comfort zone for business.
Dont be mean with your buyer.
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06-24-2009 04:39 PM #8
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I've used Escrow before and one of the cons is of course the fees. The pRO part is the buyer is very much protected
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