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Old 01-28-12, 10:41 AM   #1
BlueDevil63 
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escrow services

I am buying a bike from someone I have never met or seen before and I haven't seen the bike except in pictures (an original '72 Cinelli SC). The guy seems completely straight forward and has sent me tons of pics, including specific requests from me so I am pretty sure the bike exists and he has access to it. Anyway the amount changing hands is significant enough that I am uncomfortable sending the money before I get the bike and he has the opposite issue. So I investigated escrow services and escrow.com came up and I am wondering if anyone has used them or anyone else? escrow.com will charge 3.25% which is alright (about the same as Paypal fees I think).
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Old 01-28-12, 11:06 AM   #2
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If the amount is significant enough that you are uncomfortable paying ahead of time, I'd try to figure out a way to go see it in person.
If that is feasable.
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Old 01-28-12, 11:12 AM   #3
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Look in "The Facilitator's" sticky. If the bike is near one of them, you may ask them to go take a look for you. If the bike is in Anchorage, I am sure it is a fake, but give me the conact info anyway
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Old 01-28-12, 01:35 PM   #4
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I bought a high wheel sight unseen from across the country on CL, mailed the check, and everything worked out well in the end. There are still real & good people out there!
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Old 01-28-12, 01:39 PM   #5
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Originally Posted by balindamood View Post
Look in "The Facilitator's" sticky. If the bike is near one of them, you may ask them to go take a look for you. If the bike is in Anchorage, I am sure it is a fake, but give me the conact info anyway
+1 to a facilitator. Best way to get the bike packed the right way too.

-Kurt
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Old 01-28-12, 02:44 PM   #6
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Thanks guys. I'll check the facilitator thread. Guy is completely willing to pack to my specifications so I don't anticipate any problems there. I already sent him the "how to pack a bike 101" thread.
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Old 01-28-12, 03:49 PM   #7
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I've heard bad things about online escrow service scams. That was a few years ago, though. Things may have changed.
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Old 01-28-12, 04:40 PM   #8
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Other than a crank poking through the bottom of a box, thank godd it was only a 600, I have had little issues in dealing with strangers. but I do agree if your nervous use a facilitator. is there a bike shop nearby he can take it to? if he drops it at the shop they can pack and ship it.
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Old 01-28-12, 05:05 PM   #9
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Have done it many times. Always feel better with a facilitator and they are pretty easy to find but I have done it without and had great luck. I was always in a position that, although i would be bummed, I would be able to accept losing the amount I was paying for the bike. I would probably not do it if I thought I could not afford to lose that amount.
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Old 01-28-12, 05:31 PM   #10
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Why not use PayPal. Doesn't it offer the same buyer protection for non Ebay and Ebay transaction.
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Old 01-28-12, 06:29 PM   #11
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Originally Posted by BlueDevil63 View Post
Thanks guys. I'll check the facilitator thread. Guy is completely willing to pack to my specifications so I don't anticipate any problems there. I already sent him the "how to pack a bike 101" thread.
I can't over emphasize how important proper packing is to the entire transaction. I have sent that same thread to sellers, and they agreed to use it, then didn't. So far, I am 50/50 on bikes being damaged on shipment (all due to poor packaging). Anymore, I will drive pretty far to avoid the entire bike shipping process, particularly on something really special.
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Old 01-28-12, 07:11 PM   #12
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https://escrow.com/index.asp
I know a lot of instrument buyers/sellers use this company but I have no personal experience and they are expensive.
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