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Thread: Question about buy/sell escrow services

  1. #1
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    Question about buy/sell escrow services

    I do not know if this belongs here, but does anyone is aware of or have used an escrow service to buy/sell camera equipments? I have an opportunity to buy a collector's item, but would like to have an escrow arrangement due to not be able to inspect the item personally.

    Any suggestions will be greatly appreciated.

  2. #2
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    Re: Question about buy/sell escrow services

    Yes i have, but quite sometime back. (2005?)

    www.escrow.com was the site i used, and was for an Contax RTS III purchased via ebay.

    Quite pricey from what i remembered, (3% from each side - 6% of selling price.. but prices may have changed.) but they ensured that the money stayed with them till i received and approved of the camera body.

    more details: https://www.escrow.com/solutions/escrow/process.asp

    Oh yes, do be careful of non-legit escrow sites too.

    Hope this helps.

  3. #3
    Superflyguy
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    Re: Question about buy/sell escrow services

    Paypal itself is also an escrow service.

    They arent ideal since you dont get the chance to properly inspect the goods before buying.
    Little scary if your buying items of 4 figures value!

    But better than nothing I suppose.

  4. #4
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    Re: Question about buy/sell escrow services

    Beware of Craigslist scams.

    There are quite a bit of them with too-good-to-be-true prices and the required use of an obscure escrow service, because the seller happens to be out of town.

    Matt

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    Re: Question about buy/sell escrow services

    You might see if some kind of private party escrow arrangement would work. A friend of mine recently sold a large amount of gear to an overseas buyer who was reluctant to part with his funds without knowing he'd get the gear. My buddy brought the gear to a well known and respected camera dealer who inspected it and agreed to ship it out upon receipt of payment. Bottom line... deal got done and might have fallen apart without the third party escrow agent.

  6. #6
    Member t.s.k.'s Avatar
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    Re: Question about buy/sell escrow services

    ^^ Now that's a creative idea.

    I would have never thought of that.

  7. #7
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    Re: Question about buy/sell escrow services

    Thank you all for the advise

    Andrew

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