- An escrow is an independent third party that ensures the safety of a transaction between a buyer and a seller on the forum.
- The escrow service fee depends on the deal amount:
- Up to $100: $10 (fixed fee) or refusal
- From $100: 10% of the deal amount
- Escrow fee is non-refundable in case of deal cancellation.
- Should a seller decline to utilize the services of the escrow agent, and if there exists forum correspondence
- with a direct reference to this refusal, the seller may face a ban as a potential scammer.
Guarantor
ESCROW SERVICE
- Escrow Working Principle:
- 1. The parties contact the escrow to conduct the deal.
- 2. The escrow adds the parties to a group (do not add the escrow yourself!).
- 3. The buyer transfers the funds to the escrow (including the escrow service fee).
- 4. The escrow verifies the item.
- 5. The escrow sends the item to the buyer and the funds to the seller.