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26 August 2022, 12:24 AM | #1 |
"TRF" Member
Join Date: Aug 2022
Location: Vermont
Posts: 8
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Private Escrow Service?
I received a reply for my listing on Chrono24 for a higher end watch where the inquirer wants to see the watch before buying, which I understand. As a private seller, Chrono24 doesn't require me to accept returns, so I didn't indicate one, although I am set up to use their Escrow Service. The potential buyer was wondering what part of the country I live in (the Northeast). He lives in California, but is traveling to NYC soon, but I'll be out of the country.
Any suggestions for how to address his comfort level without meeting someone in person that I don't know with a very expensive watch? I've written to Chrono24 to see if they can accommodate a return period within their Escrow Service where I could send it to him in CA for inspection after he posts Escrow, but what happens if he "loses" it or damages the watch? I was also thinking of seeing if there is an independent escrow agent in NYC that could act as the intermediary. Thanks for any help. This is a one time sale for me of a watch I inherited but don't use, so I'm very new to this. |
26 August 2022, 12:46 AM | #2 |
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Join Date: Jun 2020
Real Name: Goat
Location: Southwest Florida
Watch: 16613
Posts: 5,488
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Private Escrow Service?
I’d contact my attorney and see if I could get them to facilitate the sale at their office and just bill me the hourly rate. If the watch is that valuable $500-750 an hour shouldn’t be a big cut to ensure everything goes smoothly.
Shouldn’t be a big deal to write up a contract, verify identity and ensure funds are wired then once the attorney has funds they can wire them directly to your account even though you’re out of the country. Sent from my Apple privacy invasion product |
26 August 2022, 12:48 AM | #3 |
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Join Date: Aug 2022
Location: Vermont
Posts: 8
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Thanks for the reply. However, I live 5 hours away from NYC where the potential buyer will be visiting, so I need to find something in NYC.
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26 August 2022, 12:52 AM | #4 | |
2024 SubLV41 Pledge Member
Join Date: Jun 2020
Real Name: Goat
Location: Southwest Florida
Watch: 16613
Posts: 5,488
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Quote:
I’m sure there is attorneys in NYC that would take some easy money. Take a Friday off to meet with a lawyer then hang in the city for the weekend. Sent from my Apple privacy invasion product |
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26 August 2022, 10:05 AM | #5 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Jul 2010
Location: Denver
Posts: 4,284
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My buddy uses a private escrow service all the time and the girls are hot.
__________________
Jason 116610 LN DateJust Pelagos FXD |
26 August 2022, 11:15 AM | #6 |
Banned
Join Date: Dec 2020
Location: US of A
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26 August 2022, 11:18 AM | #7 |
2024 SubLV41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 78,136
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You could meet at a secure location like a Police station.
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