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My first Flippa sale need advice

Discussion in 'Site Flipping' started by jon_xx_x, Jan 29, 2012.

  1. jon_xx_x

    jon_xx_x Jr. VIP Jr. VIP

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    Okay, I'm doing my first Flippa sale.
    I have a BIN price of 23,500, and someone wants to buy it.
    He is willing to bank wire the money to me.
    But I'm still skeptical.
    Am I 100% safe doing bank wire?
     
  2. huykun

    huykun Regular Member

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    Anyone can reverse bank wires. I would definitely not recommend bank wires unless you're doing it through escrow. Escrow fees are a pain in the butt though!

    Check their history. if they've been buying for a while, you should be fine!
     
  3. jon_xx_x

    jon_xx_x Jr. VIP Jr. VIP

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    No, they haven't. How long can until a bank wire can't be reversed? :/
     
  4. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

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    I would recommend escrow if you can afford their fees. Why are you looking for bank wire only?