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#127281 - 20/11/2002 21:09 escrow
FireFox31
pooh-bah

Registered: 19/09/2002
Posts: 2494
Loc: East Coast, USA
I just had another of my crazy thoughts. I am looking for a backup empeg unit but I am nervous of getting screwed.

What if we set up some kind of escorow / validation service on the BBS? A buyer and seller could complete a transaction. Then, the seller could forward the item to a person who is trusted by both the seller and buyer. That person would verify that the unit was in the condition as advertised. If so, it would be held in limbo until the buyer paid the seller. At that point, the verifyer would send the item to the buyer.

Ok, so getting a single person who is trusted by the buyer is easy because the buyers would be from this board (and I'm sure we trust some of the people here). But to get the seller to buy in would be tough.

I don't know, but I'd sure feel good if someone who knew empegs would look over the unit I bought (before I paid for it) to make sure that it's not a rock in a box or a stolen unit or something. Thoughts?

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FireFox31
110gig MKIIa (30+80), Eutronix lights, 32 meg stacked RAM, Filener orange gel lens, Greenlights Lit Buttons green set

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#127282 - 20/11/2002 21:20 Re: escrow [Re: FireFox31]
wfaulk
carpal tunnel

Registered: 25/12/2000
Posts: 16706
Loc: Raleigh, NC US
I doubt that any of us would want to get in the middle of a potentially nasty potential dispute. Third party services already exist to do this, anyway, and it's not like anyone here is going to do it for free, or even for much less than the commercial services will.
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Bitt Faulk

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#127283 - 21/11/2002 01:21 Re: escrow [Re: wfaulk]
f_devocht
member

Registered: 28/12/2001
Posts: 159
Loc: Belgium
Agreed. Nobody is getting his little grubby fingers all over my empeg without him having payed for it, dammit!

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#127284 - 21/11/2002 07:35 Re: escrow [Re: wfaulk]
genixia
Carpal Tunnel

Registered: 08/02/2002
Posts: 3411
It's a shame that you're right though...there's a lot of trustworthy and knowledgable people here.
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#127285 - 21/11/2002 22:32 Re: escrow [Re: genixia]
FireFox31
pooh-bah

Registered: 19/09/2002
Posts: 2494
Loc: East Coast, USA
I would gladly pay someone to work as an intermediary for my sale. Pay for shipping of the unit to me and pay for inspection. I just don't know how the money would work out. Unless the seller could trust the third party somehow.

Sure, a escrow business could do it, but can they verify that the unit is working and that the package is complete as per the sales description?

I'm about to purchase a second unit and I'm scared to death of getting jacked. I left myself wide open on my first empeg purchase but luckily I bought from a trustworthy seller. This time... I don't know... I have to make the call.
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FireFox31
110gig MKIIa (30+80), Eutronix lights, 32 meg stacked RAM, Filener orange gel lens, Greenlights Lit Buttons green set

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#127286 - 21/11/2002 22:39 Re: escrow [Re: FireFox31]
wfaulk
carpal tunnel

Registered: 25/12/2000
Posts: 16706
Loc: Raleigh, NC US
Check the rules at www.escrow.com.
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Bitt Faulk

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#127287 - 21/11/2002 22:50 Re: escrow [Re: wfaulk]
FireFox31
pooh-bah

Registered: 19/09/2002
Posts: 2494
Loc: East Coast, USA
<poking fun at myself> Haha, is asking a seller to use an escrow service like asking your fiancee for a prenuptual agreement? Don't both end with a smack in the face?

Thanks for the link.
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FireFox31
110gig MKIIa (30+80), Eutronix lights, 32 meg stacked RAM, Filener orange gel lens, Greenlights Lit Buttons green set

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