Tag Archives: online escrow

5 key decisions to make before buying a used car sight unseen

Buying sight unseen is scary, look for these tools to help you

What exactly is escrow?

If you’ve ever purchased a home – or even looked into the process behind purchasing a home – you’ve probably seen the term ‘escrow’ quite a bit. In the most basic layman’s terms, an escrow account is simply a bank account overseen by a neutral third party; usually associated with high-value purchases. But escrow accounts […]

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Online Transactions: Two Important Steps

Consumers can buy and sell pretty much anything online. Cars, firearms, jewelry, electronics, fine art – all of these items can be found with a simple Google search that will yield results on any number of auction and classified ad sites. Anymore, finding what you want to buy is the easy part – it’s protecting […]

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The Surprising Payoff Behind Online Scams

In recent years phishing schemes, ransomware, and outright hacking have become extremely profitable for scammers. Because of the prevalence of online transactions both large and small, and the interconnectivity of both mobile and desktop devices, online thieves have been making a good living off of those who are unprepared. The infographic below, put together by […]

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Online Escrow – Take the Stress Out of Buying & Selling Cars Online

The Internet has made it easy to buy and sell titled vehicles, regardless of what city, state, and even country you live in. However, with the increased convenience and opportunity, there’s also an increase in risk. Scams and fraud are very real concerns when it comes to making any purchase on the web. This risk […]

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Identifying Fine Art Flaws and Repairs: UV Light Inspection

The number one fear of any fine art collector is to be stuck with a fake or fraudulent piece. With more and more fine art transactions taking place over the web and across the globe, buyers and sellers are both at greater risk of becoming victims of fraud. In addition to using a third party […]

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Protecting Against Financial Fraud Online

Buying and selling online has become one of the most common ways for consumers to secure the items they’re looking for. From cars to firearms, fine art to snowmobiles, online classified websites and auction platforms are no longer the purview of only the most tech savvy users. However, as more and more consumers have moved […]

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Alibaba’s IPO – What It Means for Escrow

On Thursday of last week the Alibaba group, a collection of Chinese-owned online marketplaces, opened its initial public offering on the New York Stock Exchange and quickly set records as the largest IPO in the exchange’s history. While there has been much discussion over the last 12 months or so regarding what Alibaba’s IPO would […]

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Using Escrow to Buy and Sell Machinery Through Sites like MachineTools.com

As businesses have come out of the Great Recession the demand for quality used equipment and used machinery has grown significantly. Websites like MachineTools.com have become a go-to resource for business owners who are looking to buy and sell machinery to a wider audience beyond their local auction houses. These online machinery auction sites bring […]

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Using Escrow to Promote Your Broker Business

Brokering the sale of any high priced item is never easy. Not only do you have to find either a willing party to sell their possession, or one who is interested in buying, you then have to juggle all of the negotiations and final agreements between the two. To make things easier, an online escrow […]