Bid procedure and Escrow way for products and commision.
1. Buyer list their requirements in bid711.com for seller to make offer
Buyer can list their requirements in bid711.com, and then bid711.com will look for some sellers for buyer to make offer for buyer's requirements online.Seller can see all the offers that was given to buyer and revise self offer.
2. Buyer reply seller's offer.
After buyer read seller's offer, buyer can reply seller's offer and select best suitable seller.
3. Buyer make Escrow order for suitable seller and then pay the escrow order.
If buyer found suitable seller offer, and both buyer and seller agree Escrow order's policy and withdraw time finally,
buyer can make the Escrow order and pay for it .
4.After buyer paid Escrow order, seller begin ship goods.
5.Seller withdraw when escrow time finished.
6.Buyer open a case for refund before escrow time finish.
7.Both side give feedback each other
Seller and broker can free set up a shop in Bid711.com,they can write their shop details and real address in their shop page, they also can list products in their shop, so when they make offer to buyer, buyer can visit their shop .We also set up seller verify and payment escrow policy, so buyer can do deal with real seller and pay by safe payment way in our website.
1.Seller verify policy.
All buyers want to confirm seller is real first before the deal. We set up following way to verify seller for buyer.
A.Verify seller's real address for buyer.
THE SALES MARKET HAS BEEN FLOODED BY FAKE SELLERS WHO CLONE WEBSITES, EMAILS, FALSIFY SHIPPING DOCUMENTS AND EVEN BANK ACCOUNTS. FAKE INTERMEDIARIES AND EXPORTERS MAKE BUYER COMPANY WASTE TIME AND MONEY WITH UNSUSTAINABLE SUPPLY PROPOSALS.
So if a real seller want to get more reply from buyer, he had better finish real address verify first in our website.We will post the paper shop owner certification to seller address and then after seller send back the photo of paper certificaiton by email,we will update seller's shop address to seller's real shipping address and mark shop address was verified for seller,so all buyers can see it.
If you are broker, after broker set up a shop in our website,broker can list real seller's product in broker's shop, and then ask us to ship the product owner certification to real seller's address, broker can write real receiver's name with broker's phone or email in shipping address. So when the package arrived to real seller's address,the shipping company will contact with broker,and then broker can ask real seller to make photo for broker, after that,broker can send photo to us for verify, we will update product's real seller address for broker's list after get it.
For this veirify work,Seller or broker should buy this certificaion,shop set up work and buyer finding service by Paypal from our website https://www.bid711.com/forsale/detail.do?come=en&messageid=220 or from our ebay store https://www.ebay.com/itm/186356644055.
Seller also can pay it by Bank transfer to usBank name:
Metropolitan Commercial Bank
Bank address:99 Park Avenue 4th Floor New York, NY 10016SWIFT code:MCBEUS33Fedwire ABA number026013356Account number:8799023944Beneficiary name:Beijing chaoliu xinxi zixun zhongxin
Seller also can buy some products from our website to verify seller's real address or ask us to list something in our website that he wanted from China and then buy it for real address verify.
B.Verify seller's products stock.
Buyer can ask seller to make some product videos in order to verify seller really have enough stock to sell. One paper with some random words which was given by buyer must be shown in the video,so buyer can confirm this video was record for buyerself only.
C. Verify seller's past record
Buyer can see seller's buying or selling record in our website or ask seller to give his past shipping record.
2.Escrow policy and DLC.
A. We set up Payal Payment method and Money Escrow policy for each order,So buyer can buy something by Paypal or Escrow way easy,buyer also can set up escrow time for their part or full payment , after the escrow time finished , bid711 will give the escrow payment to seller and increase seller's turnover volume for seller's shop.Buyer also can use DLC for some big quantity deal.
B. If there are some broker between buyer and seller, each broker can list his commision in bid711.com, and then seller buy them by Escrow way in bid711.com and set up the withdraw date for commision.When the withdraw date come and the deal is successful, bid711.com will release the commsion to broker,broker don't need worry about his commision again.