How long does it takes for a free escrow service to be settled? The third party will hold the funds and account, payment of method will be paypal.
paypal is an easily reversible payment method, so unless you agree to have the trade take 180 days such that the paypal funds no longer become reversible, you should find another form of payment. generally though, a simple deal for a digital item can take minutes if good communication is practiced by all 3 parties:
Escrow service can be settled quickly if both the parties are fluent and stay in touch with escrow. SebastianJu is the best escrow here btw.
I would say "best" is subjective, but to each their own.
im going to assume that you are purchasing an account of some sort (likely a forum account) using paypal; i would suggest somehow turning that paypal money into bitcoin first to ensure the funds are safefor the other party, but that may be hard to do as people will not deal with newbies and paypal. the fees are high but virwox may be a possibility.