Unfortunately, people do get cold feet sometimes and back out of deals at the last second, but Awesome Joe Auctions has you covered.
If you participate in our patent-pending Buy Confident ProcessSM then the buyer will be required to deposit $500.00 (or less*) into an escrow account of your choosing. If a buyer backs out of the deal after you’ve paid for the condition validation report, and the conditions are accurate, you’ll keep the deposit they’ve made, which should cover all time and money spent on the deal up to that point.
If the conditions are not accurate and the buyer backs out, the deposit will be returned to the buyer.
*If your vehicle sells for under $5000.00, the buyers required deposit will be 10% of whatever the final sale price is.