Quote:
Originally Posted by Deertick
Many years ago I sold an item for about $10K and used an escrow service. I think it cost around $150 at the time. Agent (small Law firm) called when money had cleared and I shipped to him overnight, signature required. Package was opened with the buyer in office, then money was released and letter confirming transaction was issued. No claims that it never arrived, or fake money order, etc. I would imagine that it would cost more than that now, but it was seamless and reassuring for both parties.
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While I am not sure of the current costs, if we're getting to the point where the fees get steep, then one of the two parties might as well just hop on a plane and the transaction can be made in person with a nice stack of cash (provided it's a domestic flight for the sake of the airfare cost). Of course, not everyone has the time...