My Ford F-250 was on an auction website and I was anxious to sell. Finally, the auction closed and I received this email from the highest bidder:
“Dear Sir, as the high bidder on your Ford F-250, I’m satisfied that I am getting it at the best possible price. Please go to the rmctrader.com website, and read how they will help us complete this transaction. When you are satisfied with the services provided by the escrow company, please access the account I’ve set up with them for this sale. My user is name is FFordFan. Please provide me with your user name, by return email. I believe you will agree that this is the best way to proceed on a high-dollar value purchase.
The truck can be transported to my location by a towing service I know in your town. The fee charged by the towing service should be split 50/50 between the two of us. I would like a three-day trial period, once the truck has arrived at my location. After confirming that the F-250 is exactly as advertised and will meet my needs, I will contact rmctrader.com to complete the transaction. The escrow service will also be checking title and repair records, if any, for this truck.
If you have any questions, please reply to this email or contact rmctrader.com for more information about their escrow services. I look forward to doing business with you through the escrow website.”
The first reaction I had to his email was that he didn’t trust me. I’m honest and I advertised the Ford in a forthright manner, even listing its flaws. He should be able to take me at my word.
The second thought I had was, “Well, why should he trust me? Or anyone else, for that matter. Or, why should I trust him?”
I did as he had requested and checked out rmctrader.com. I was impressed with their website, the services offered, but mostly the fees. I was worried that they might be charging way too much for their ‘protection.’ I also called them. The service representative was pleasant, knew her job, and assured me that the escrow company was legitimate. She also thanked me for calling to make sure I wasn’t doing business with a fraudulent escrow company.
I was more than satisfied with rmctrader.com’s responses to my questions. I went ahead and set up my side of the account. That was easily done on their website. It only took me a few minutes to provide details.
Within a matter of hours of receiving the buyer’s first email, I contacted him and let him know that I agreed to use the escrow service. I also thanked him for introducing me to escrow companies. A few days later, my Ford F-250 was on its way to him. And, as soon as he told rmctrader.com to complete the transaction, I’d have my money.
The transaction was completed and everyone was pleased with the final results.