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Escrow Service: We protect both the Seller and the Buyer

While using other classified ads websites, many buyers run into difficulties with sellers not honoring a full or portions of their purchase agreement, especially after the money has been paid! This occurs when the buyer pays for a product and the seller fails to deliver it, or it is delivered and it is not in the condition as stated. A second scenario occurs when a seller sends a product to the buyer hoping to receive funds on deliverance and ends up not receiving the money, whereas the buyer already has the product. Payments across states and international borders can cause many problems, and sorting this out can be a major and a costly headache for the buyers across the globe. Thus Limus Classified uses the widespread network of branches to resolve all of these issues.

What is an Escrow Service with Limus Classified?

Escrow is a defined process whereby a buyer puts money into the custody of a trusted third party (Limus Classified) with a guarantee that funds are available for payment to the seller after a specified set of conditions are met (purchased product delivered to the buyer).

How does our Escrow Service Work?

Easy! The buyer or seller requests the Limus Classified escrow service in their account. When the seller delivers the product to Limus Classified as agreed, the buyer is notified. The buyer is then expected to transfer an amount equivalent to the agreed sum to Limus Classified. Limus Classified arranges the delivery of the purchased product to the buyer, and when the product is delivered, the seller receives the full payment as agreed.

Selling made Easy

Notify Limus Classified

You can notify Limus Classified by phone or email to schedule a pickup of the item from your home or office.

Register the Package for Delivery

Once your item is received by Limus Classified, it is registered and prepared for delivery to the buyer. We will confirm your terms of agreement with the buyer, as well as the buyer’s full address.

Receive Alerts

You will receive email and phone alerts to stay updated regarding the status of your account and orders.

Confirm payment Transactions

Both buyers and sellers are contacted by our agents. Once the payment transaction is confirmed with the seller, the products are processed for delivery.

Escrow Payment

The amount transferred from the buyer to the seller is totally dependent on the agreement between them. Depending on the agreement terms with the seller, the buyer could be charged for the shipping expenses, otherwise the seller takes care of it.

Delivery

Once the buyer pays for the product, a tracking number will be provided, so the package can be monitored in transit. Once the buyer receives the product and confirms its in good state as agreed with the seller, notifies Limus Classified, the funds are then released to the seller as intended.