Private Escrow Service?

[djborden1957]

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.

[MrGoat]

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.
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[djborden1957]

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.

[MrGoat]

Originally Posted by djborden1957

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.

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.


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[JasoninDenver]

My buddy uses a private escrow service all the time and the girls are hot.

[Fashionwatch]

Originally Posted by JasoninDenver

My buddy uses a private escrow service all the time and the girls are hot.

[brandrea]

You could meet at a secure location like a Police station.