Rolex Forums - Rolex Watch Forum - View Single Post

techflux · 23 February 2020, 12:38 PM

I'm new to TRF and would like to get guidance on what is the best method to conduct transaction with another seller, so both parties are confident with process and outcome. As a buyer, its challenging to assume the risk of wiring someone you don't know $10K, $20K, $30K+ and expect them will send you the merchandise. I believe trust is earned through time, and its hard for accept a seller saying "i have done lots of transactions in the forums, so you are 100% safe with me." I don't mind loosing $500 to $1K, when you are conducting transaction of a large size, what is the most reasonable method? I proposed using an escrow, buyers transfer the funds to escrow, merchandise is delivered and verified for authenticity, and fund is released to seller. Is this the normal method TFE buyers tend to go with?

23 February 2020, 12:38 PM	#1
techflux "TRF" Member Join Date: Feb 2020 Location: san francisco Posts: 1	Buying Process I'm new to TRF and would like to get guidance on what is the best method to conduct transaction with another seller, so both parties are confident with process and outcome. As a buyer, its challenging to assume the risk of wiring someone you don't know $10K, $20K, $30K+ and expect them will send you the merchandise. I believe trust is earned through time, and its hard for accept a seller saying "i have done lots of transactions in the forums, so you are 100% safe with me." I don't mind loosing $500 to $1K, when you are conducting transaction of a large size, what is the most reasonable method? I proposed using an escrow, buyers transfer the funds to escrow, merchandise is delivered and verified for authenticity, and fund is released to seller. Is this the normal method TFE buyers tend to go with?