2. misc-audio
  3. 157284-40705

Why did I get bounced to escrow when seller doesn't seem to have an account?

I have never seen escrow before. I tried to purchase an item with "Buy it now" and was asked for a credit card and then sent to escrow.com.  What happened to using PayPal?  My seller doesn't seem to have an escrow.com account, or at least the purchase was initially linked to the item, but then all the details, including price, disappeared.  I didn't know I would have to memorize all the fees, etc., before I moved on to the next screen in escrow.com.  What the heck is going on?  What time length am I supposed to use? Audiogon gave a time, I think, but that has disappeared, too.

Confused and not super thrilled with my latest experience...
bashkin001

Showing 2 responses by oldhvymec

oldhvymec
5,101 posts
 
Your money, and their product, are held in common?
Escrow agents are responsible for the transfer of goods and or moneys between the two parties, for a fee. 
I wonder if it cost the seller more? No way for Agon to get paid, if the seller doesn't have a current way to bill a card, I'm thinking.

Gotta get their cut...Can't get it from you.. unless they get to handle the money in escrow. Wonder if it's above the 10% or whatever, they already charge?  I'm wondering because, I have about 10-12 pieces or vintage Mac, and Marantz I'm gonna list.. 

Good credit pays, ay?

Regards
oldhvymec
5,101 posts
 
Interesting, thanks for the information. I'm the same way, pretty picky.

Time to thin the herd here though.. 40 + years of stuff...

Good to see Agon has options and resolved it pretty quick.. 

Any additional fees.. it would be on the seller.. If they want to sell, to me that is.

Happy hunting..

Regards
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