Step 1 – You first browse around our website and try to find a willing buyer/seller.
Step 2 – Once you find a willing person, you start a checkout ticket. Both parties join a checkout ticket and confirm the details of the transaction, such as:
- Property/service in question
- Price
- Method of payment
Step 3 – SWAPD team confirms everything, including fees (we charge a small fee + money transfer fees) and set terms that all parties must agree to. To find out how much sellers get charged during transactions, please use our fee calculator.
Step 4 – Upon reaching a deal, both parties agree to forfeit the payment and the property to SWAPD directly.
Step 5 – We confirm the payment and secure the property.
Step 6 – Upon inspection and confirmation from all parties that everything is OK, and our mandatory grace period, we release the property and payment (minus our fee) to the rightful owners.
This is what an escrow (middleman) service looks like. Our team is here to ensure you don’t get cheated and that the properties and services sold within our network are clean and free of any wrongdoings.
Note: The same process applies to our SWAPD Auctions.