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06-16-2005, 07:20 PM | #1 |
BANNED! Join Date: Mar 2005
Posts: 8,246
| Puppy Escrows I was just curious if any of our members have used an escrow when purchasing their puppy from a distance or otherwise? There seem to be a lot of peope getting scammed on both sides of the transaction and I wondered if these helped preent that. As an attorney it seems like a grea tidea to me. I pasted the "5 Step" Process from puppyescrow.com so you can read how it works for yourself: Step 1: Buyer and Seller Agree to TermsBuyer and Seller must initially register with PuppyEscrow.com. This registration process is free. Either the Buyer or the Seller can create the initial transaction with PuppyEscrow.com. Both the Buyer and Seller must come to an agreement with the terms of this transaction. Information will need to be provided about the Buyer and Seller as well as the price the Buyer will pay for the Pet, shipping and insurance costs, party responsible for PuppyEscrow fee, and normal or extended vet inspection time period. After the party creating the initial contract confirms the information the other party will be notified by e-mail to sign in, verify and confirm the contract. After both Buyer and Seller have agreed to the terms of the contract, the buyer will need to submit the payment to PuppyEscrow.com. Step 2: Buyer Pays PuppyEscrow.comBuyer will send their payment of the agreed upon amount to PuppyEscrow.com as well as a small non-refundable escrow fee. When this payment is received both the Buyer and Seller will be notified that the payment has been received. These funds will be held in an escrow account. The Buyer and Seller will receive another notice when the funds have been verified and the Seller will be notified by PuppyEscrow.com to ship the Pet to the Buyer. Step 3: Seller Ships Pet to BuyerThe Seller will ship the Pet to the Buyer using approved shipping methods. The Seller will then sign in to PuppyEscrow.com and provide the shipment details for tracking. The Buyer will be notified by e-mail with this information. Once the confirmed delivery of the Pet has taken place the agreed upon normal or extended inspection time period will begin. Step 4: Buyer Accepts the Pet Once the Buyer receives the Pet, the Buyer accepts and notifies PuppyEscrow.com of the delivery of the Pet within the normal inspection or extended inspection time period. The Seller is then sent the payment. Step 5: PuppyEscrow.com Pays the SellerWhen the Buyer accepts the Pet, the Seller will be paid. If the Buyer does not reply within the normal or extended inspection time period the Seller will be paid. PuppyEscrow.com will release these funds to the Seller in the chosen payment method. |
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06-16-2005, 07:34 PM | #2 |
Donating YT 1000 Club Member Join Date: May 2005 Location: Asheville, NC
Posts: 1,181
| I purchased my puppy from a YTCA breeder that was highly recommended and did not feel the need for "puppy escrow" as I had complete trust in her breeding practices as well as her business practices. I personally would not adopt a puppy from a breeder that I felt it necessary to utilize an escrow account. JMO...
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06-16-2005, 07:38 PM | #3 |
Proud of my Sully! Donating Member Join Date: Mar 2005 Location: beautiful CHARLESTON, S.C.
Posts: 5,454
| I think it depends on that third party. (I know this isn't completely exact to what you were talking about, but similar, I thought.) When we 1st started looking for yorkies, we responded to an ad in the paper. I called the woman, and she stated that she was only selling for another woman. Hmm.... So I asked her if the puppies were registered with the AKC. I asked her the weights of the parents and a few other questions. SHE DIDN'T KNOW! She said that she would call the breeder and then call me back. She also was telling me that there was a $100 deposit and how I could get the money to her. Well, she never called me back, so I called HER back. She stated that she wasn't able to get in touch with the breeder! WHAT? Um, okay. So I asked her if I could call the breeder! Because, umm, paying THAT much I'd like to see the conditions that my puppy was born and raised in, right? ESPECIALLY if I'm going to put a deposit down...I want to make sure it wasn't a scam! The lady would NOT give me the breeder's number! She said the reason that the breeder was using her as the seller was a privacy issue! The whole thing STANK LIKE FISH to me so I gave up on that and wouldn't touch them with a 10ft pole! Luckily we found Sully soon after, and bought him directly from a breeder who was open and honest about her breeding practices, facilities, etc. Whew! That was my 1st experience EVER buying a puppy at all and boy was it a strange one. But I am sure there can be a use of a 3rd party that isn't as "shady" as this lady and the breeder seemed to be!
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06-16-2005, 08:11 PM | #4 |
BANNED! Join Date: Mar 2005
Posts: 8,246
| Since a large majority of members who own yorkies here got them from someplace other than a YTCA breeder according to our Yorkie Talk poll, I would think that this a possible solution to some of the scams that I keep reading about. These scams come from both the breeder and the buyer side. What would be the harm in trying this as an option? I would think if someone didn't want to do it, then you would know they were not reputable because I cannot see a downside. It is a win win situation and it is not possible for either side to be taken advantage of. Last edited by SoCalyorkiLvr; 06-16-2005 at 08:13 PM. |
06-16-2005, 08:15 PM | #5 |
YT 500 Club Member Join Date: Jul 2004 Location: tx
Posts: 624
| You know after really thinking on this I have decided a puppy escrow could be a good thing. If someone felt that maybe the breeder might not be totally trustworthy it might be in their best intrest to use an escrow. I personaly trusted my breeder, checked references and had no fear of being duped. But had I felt there was a posiblity of her not being on the up and up I wouldn't have trusted her enough to buy from her. Sometimes people don't have the options I had and people get into bad internet deals on a daily basis. To protect the consumer against some of these type situations an escrow might help. Always do your research and check references (before you pay any money) and I say it all the time..trust your gut feelings! If you don't feel good about it, if you feel uneasy or sense "problems" stay away from them.
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06-16-2005, 08:16 PM | #6 |
Double Trouble Donating Member Join Date: Apr 2005 Location: FLORIDA
Posts: 4,658
| I think it is a great idea!
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06-16-2005, 08:22 PM | #7 |
Donating YT 500 Club Member Join Date: Feb 2005 Location: Here, there
Posts: 2,693
| what happens if you get the puppy and you don't find it acceptable? Who would pay to ship the puppy back? And that would be awful for the poor pup flying one way and then turning right around and flying back. overall a good idea, just not so sure how it would work out. |
06-16-2005, 08:38 PM | #8 |
Linus - Master & Commander Donating Member Join Date: May 2005 Location: Norman, OK
Posts: 917
| I think it sounds like a pretty good idea. I think it provides some needed protection to both the buyer and seller in guaranteeing the monetary transactions. I also think that it's good because there is a 3rd party to make sure that the contracts are enforced, which helps with people who get sick dogs and the breeder doesn't want to be responsible or things like that. Great con artists can seem very trustworthy (not that there aren't trustworthy people who aren't cons). It just seems like good protection to me.
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06-16-2005, 11:03 PM | #9 | |
BANNED! Join Date: Mar 2005
Posts: 8,246
| Quote:
The beauty of the escrow is you aren't the money if you decide to return the puppy under the terms of the contract. It is all of that is spelled out in the contract so there is no question and everyone's expectation is the same. | |
06-16-2005, 11:51 PM | #10 | |
Senior Yorkie Talker Join Date: Apr 2005 Location: Hilo,HI
Posts: 225
| Quote:
If there was a third party maybe we wouldn't hear about how terrible and miserable it is to buy a puppy over the interenet. It they want to scam you this will definitely make them think twice.
__________________ NIKKI | |
07-23-2005, 11:29 PM | #11 |
Mom loves Gucci Donating Member Join Date: Oct 2004 Location: New York City
Posts: 6,427
| Thank you so much for this info. After reading about so many scams I think this is a great option. |
07-24-2005, 10:43 AM | #12 |
YT 1000 Club Member Join Date: May 2005 Location: Missouri
Posts: 1,562
| Does the puppy escrow company have contracts or are the contracts the ones the seller has? I know I'm honest, I'm worried about getting any money that's due to me. I don't plan on taking advantage of anyone and don't want to be taken advantage of. I want to be as safe as I can. I love my babies and when they have babies I want them to go to good homes that will love them as much as I do. That brings up another question. How do you enforce the part of the contract that says if they can't keep the dog FOR ANY REASON to let me have first chance to take it back? |
07-24-2005, 11:37 AM | #13 |
Senior Yorkie Talker Join Date: Apr 2005 Location: Hazleton, PA
Posts: 186
| I think they would be a great idea as my husband would never let me buy a puppy over the internet with a money order or cashiers check because I would have no protection if I never received the promised puppy! He says paypal is safe and so are credit cards. |
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