Several years ago I bought a piece of equipment for about $13,000. I used the shit out of it and kept it in good condition but I dont see myself getting back into it. I’m expecting to get about $6000 for it but since it was delivered on a pallet, shipping it is out of the question.
Feels like a bad idea to accept a check/QuickPay/venmo/anything that can be canceled afterward so am I stuck with cash?
And are there better sites for this than Craigslist? I don’t have Facebook.
It sounds like an escrow service might be right for you. Escrow is a neutral third-party who manages funds and assets on behalf of two parties performing a transaction, to make sure both parties adhere to the agreed-upon terms. They’re most commonly used in real estate transactions, but they can be used for just about anything.
Any idea what kind of fees those services have? I’ll admit I never paid attention since it gets wrapped up in the closing costs
No clue. I’ve only heard people with way more money than me talk about them; I’ve never used one.
It could be a percentage of how much the item is worth, like realtors do.
We used them for public IP address block transfers.