safe internet transactions for both buyer and seller
What is an Escrow
service: An escrow service acts as an
intermediary between buyer and seller. Our
goal is to eliminate internet fraud by
collecting and holding the funds from a classified ad
sale until the buyer
receives the items purchased. We also guarantee the
seller will be paid after the buyer receives the item purchased..
How it works:
After the sale is negotiated,
the seller contacts DJ Town using the form below. This will
initiate the transaction. At that time we
invoice the buyer and have the payment sent to us. Upon confirming
the funds, we notify the seller to ship the item using one of our
approved shipping companies (FedEx, UPS, Priority Mail) and provide us with the tracking
number. The item must be insured for the full sale price. We will inform the buyer that the item has been
shipped and pass on the tracking number to the buyer. Once the
buyer receives the item, he/she has 24 hours to inspect the
item to be sure it matches the description represented by the
buyer. If the buyer is satisfied, he will notify us and in turn
the seller will will be paid the balance due (less 3.5%). If the
buyer does not contact us within the 24 hour inspection period, we
will assume they are satisfied and send the payment to the seller.
If during the 24 hour inspection period the buyer is not satisfied
with the item, he/she may choose to return it. If so DJ Town must
be notified within the 24 hour period. The buyer will ship the
item back to the seller within 72 hours. Shipping method will be
the same as above at the buyers expense. Insurance in the amount
of the sale price will be purchased by the buyer. The tracking
number will be reported to DJ Town the day the item is shipped. We
will notify the seller the item has been shipped and provide the
tracking number. Once the seller receives the item and notifies DJ
Town it has been received, we will return the funds to the buyer (less
3.5% escrow fee).
It's that simple!
No worry of bounced checks,
failure to ship, or anything else that goes wrong with
private online sales. A simple, safe transaction every time.