Escrow Services for eBay

If you buy big ticket items on eBay , you shouldIn general, there is a small fee for the service, usually
definitely take time to learn about escrow servicesbased on a fixed percentage of the sale price. There
and the protection they can offer you. An escrowis no standard system for choosing who pays these
service is designed to protect buyers (and sellers)fees, it is something that buyer and seller must
from being ripped off, by using this simplemutually agree, but in many cases, the fees are split
methodology:between the buyer and seller. For some ticket sales,
- The funds for the sale go to the escrow service,the seller may offer the use of an escrow service as
and then the seller ships the item to the buyer. Onlystandard, but if they do not and you as the buyer
when the item has been received, the funds arewish to use one, you should ask the seller if this is
released from the escrow service to the seller.okay before bidding, and consider offering to take
- Sometimes it may also be desirable for both thecare of the service's fees.
item and the funds go through the escrow service. InOf course, the protection that these services offer is
this case, the service not only makes sure that theentirely dependant on these services themselves
buyer gets the item, but also ensures that the sellerbeing trustworthy. For this reason, you absolutely
gets the money.must choose a reliable and reputable escrow service.