Topic: When is it OK to offer escrow service? (Just a question) (Read 412 times)
It doesn't really matter about what rank you are. You just have to make a name for yourself in the community.(In a good way) And you need to have some good trust.
It is all about reputation, but account age does factor in. I was offering escrow services for a while and it pretty much sucks pay wise. I was just offering my services to help others not get scammed. If you want to escrow to make extra funds I can tell you that it is not worth it. You will spend a lot of time for tiny amounts of pay.
How much did you charge? I thought that escrows earn a lot.
I was in the "Big 5" and was doing probably 2-5 escrows per day at the time. I never charged a fee and just took tips. Most people never tipped and others it depends on how large of a deal. Maybe .005 - .01 per trade for the ones who tipped. I escrowed some larger deals and got tipped .1+ a few times here and there.
Uh, So that's the real truth about escrow. Thanks man, you helped me a lot. I'm locking this topic.
It is all about reputation, but account age does factor in. I was offering escrow services for a while and it pretty much sucks pay wise. I was just offering my services to help others not get scammed. If you want to escrow to make extra funds I can tell you that it is not worth it. You will spend a lot of time for tiny amounts of pay.
How much did you charge? I thought that escrows earn a lot.
I was in the "Big 5" and was doing probably 2-5 escrows per day at the time. I never charged a fee and just took tips. Most people never tipped and others it depends on how large of a deal. Maybe .005 - .01 per trade for the ones who tipped. I escrowed some larger deals and got tipped .1+ a few times here and there.
It is all about reputation, but account age does factor in. I was offering escrow services for a while and it pretty much sucks pay wise. I was just offering my services to help others not get scammed. If you want to escrow to make extra funds I can tell you that it is not worth it. You will spend a lot of time for tiny amounts of pay.
How much did you charge? I thought that escrows earn a lot.
It is all about reputation, but account age does factor in. I was offering escrow services for a while and it pretty much sucks pay wise. I was just offering my services to help others not get scammed. If you want to escrow to make extra funds I can tell you that it is not worth it. You will spend a lot of time for tiny amounts of pay.
There are no ranks involved. It's entirely off the trust and reputation you earn. You'll have to build it with successful transactions. And you probably won't be getting rich any time soon. Some escrows do it for tips only, others for nothing.
Okey so senior members can also do it but you have to have good trust? Are escrow members approved from the admin of the forum or they just do it depending on the trust ratings? Tips are okey, if you have a lot of escrow business I think that you can earn a bit.
So basically this is just a trust thing. I hoped that I could get a job for escrow or something like that but I see that this is a "gray zone".
Okey so senior members can also do it but you have to have good trust? Are escrow members approved from the admin of the forum or they just do it depending on the trust ratings? Tips are okey, if you have a lot of escrow business I think that you can earn a bit.
Yes. No one's going to go with you if you don't have any trust. Why would you hand over money to someone with no track record?
The forum admins don't get involved in any way with any business that goes on here. It's all between you and your customers.
There are no ranks involved. It's entirely off the trust and reputation you earn. You'll have to build it with successful transactions. And you probably won't be getting rich any time soon. Some escrows do it for tips only, others for nothing.
Okey so senior members can also do it but you have to have good trust? Are escrow members approved from the admin of the forum or they just do it depending on the trust ratings? Tips are okey, if you have a lot of escrow business I think that you can earn a bit.
There are no ranks involved. It's entirely off the trust and reputation you earn. You'll have to build it with successful transactions. And you probably won't be getting rich any time soon. Some escrows do it for tips only, others for nothing.
Okey so senior members can also do it but you have to have good trust? Are escrow members approved from the admin of the forum or they just do it depending on the trust ratings? Tips are okey, if you have a lot of escrow business I think that you can earn a bit.
ranks doesn't really matter, trust does. tho the higher rank you are the more trust you can gain here in the forum. before you offer escrow service be sure you already engaged in several trades and deals and got plenty of positive feedback in your profile
There are no ranks involved. It's entirely off the trust and reputation you earn. You'll have to build it with successful transactions. And you probably won't be getting rich any time soon. Some escrows do it for tips only, others for nothing.
Hello to all members,
I saw a few people offering escrow service and earning from that so I just wanted to ask how to qualify for that? Which rank you have to be to become an escrow and what else is needed? Thanks!
Angell
I saw a few people offering escrow service and earning from that so I just wanted to ask how to qualify for that? Which rank you have to be to become an escrow and what else is needed? Thanks!
Angell
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