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large $ sales...escrow or paypal

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bluesticker

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how do you guys handle large dollar sales over lets say $400
do you use escrow? paypal?
do you have any dollar system for payments over.$xxx
thanks
daryl
 
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austinandrew

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Funny, I'm asking that exact question. So far PayPal is winning, but I didn't define what a "large transaction" was. Someone might do PayPal for a $1,000 deal, but use something like escrow.com for $10k transactions. Personally, I think it depends on who you're dealing with. Do they have a good trader rating on DNforum? Have you dealt with them previously?
 

nts

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Depending on the person, I do sales $1000 or less with paypal, larger sales with escrow.
 

britishbulldog

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$500 or less with paypal,anything higher escrow but depending on how much you can afford to lose is probably the right answer as 1k might be a lot to me but nothing to someone else !
 

Beachie

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depends entirely on who i'm dealing with. if it's someone i know well, i'd do any size transaction on paypal, otherwise i use escrow over $1000.

escrow.com isn't exactly 100% safe either.. if you're nervous, use the escrow services of a registered law firm.
 

GT Web

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If I know the buyer, I use Paypal up to $2000

Otherwise, Escrow for anything over $1000
 

SouthernTn

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for some reason im not too easy on the idea of doing a transaction over $1,000 through paypal.. Highest ive done through paypal was $800
 

Biggie

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like others have said, it depends on whom your dealing with!

for those who i have established positive business relationships with, there is no limit via paypal!
 
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