How to Use eBay Escrow Services

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How To Use EBay Escrow Services

Page Length For SE'sIf you buy or sell big ticket items on eBay, you need to know about the available escrow services. An escrow service is designed to protect buyers and sellers from being ripped off.

How to Use eBay Escrow Services

The funds for the sale go to the escrow service, and then the seller ships the item to the buyer.

How to Use eBay Escrow Services

Once the item has been received, the funds are released from the escrow service to the  seller.In some instances, both the item and the funds go through the escrow service, and the service makes sure that the buyer gets the item, and the seller gets the money.

How to Use eBay Escrow Services

There is a small fee for the service, and it is usually a fixed percentage of the sale price. It is up to the buyer and seller to decide who will pay the fees. Often, the fees are split between the buyer and seller.If you want to use an escrow service, there is only one service that eBay  recommends, and they back that service up.

How to Use eBay Escrow Services

This service is Escrow.com. Over the years, there have been many ‘look-alike’ escrow services, using variations of the escrow.com domain name, but they have shown to be less than reputable companies. Make sure you How to Use eBay Escrow Services of escrow.com for the greatest protection.

How To Use EBay Escrow Services

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1 Comment

  1. If you buy or sell big ticket items on eBay, you need to know about the available escrow services. An escrow service is designed to protect buyers and sellers from being ripped off. The funds for the sale go to the escrow service, and then the seller ships the item to the buyer.

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