How to get started on escrowing?

[Csmiami]

After being around the forums for about a year, I find the escrow service a really interesting one, and would like to be able to be one myself when I rank up a little bit more. I guess that there are still some key points I'd need to know on how to becoming a good escrow (basically not getting a shiny red trust from day 0). So there goes my question, any tips on how to be an escrow?

[DarkStar_]

Get trusted basically. If you haven't traded with anyone who risked funds with you, you haven't shown that you can handle XBTC without scamming. By the time you are trusted enough to be an escrow, you'll probably have people go up to you asking to escrow their trade even if you don't have a thread. Simply being on the forums for a year is not enough trust to be an escrow, as there are hundreds of thousands of accounts that are over that age that most people wouldn't trust.

[SM23031997]

Become at least a hero member here which means you successfully spent around 480 days on the forum.
He must be Involved into 100s of trades(Not small even big and huge ones) before starting and have a good standing on the forum.
Must have proper security setup to handle coins(So, his wallet won't get hacked while giving service to customers) and should have a backup to cover loses due to his fault.
Must have knowledge about nearly all type of things that are being escrowed by him.
and...

The list has much more things to cover that can be added but for now, it's enough.

[Csmiami]

 

Get trusted basically. If you haven't traded with anyone who risked funds with you, you haven't shown that you can handle XBTC without scamming. By the time you are trusted enough to be an escrow, you'll probably have people go up to you asking to escrow their trade even if you don't have a thread. Simply being on the forums for a year is not enough trust to be an escrow, as there are hundreds of thousands of accounts that are over that age that most people wouldn't trust.

Yeah, i thought so. The problem is that if you need people to trust you in order to gain trust, how can you make the first deal (i don't know if the point is quite clear here).

Become at least a hero member here which means you successfully spent around 480 days on the forum.
He must be Involved into 100s of trades(Not small even big and huge ones) before starting and have a good standing on the forum.
Must have proper security setup to handle coins(So, his wallet won't get hacked while giving service to customers) and should have a backup to cover loses due to his fault.
Must have knowledge about nearly all type of things that are being escrowed by him.
and...

The list has much more things to cover that can be added but for now, it's enough.

Quite as much as above... At first I thought about trying to enter through steam trades, as my steam account is quite "leveled", but the the real question came into my mind: do people really need that type of service?

[gentlemand]

May I ask why you're interested in doing it out of pure curiosity?

It seems like a potential universe of ball ache for not a great deal of gain. This forum is infested with slugs who'll go all out to rape each other and I assume escrows get regularly caught in the middle.

I'd say if you'd earned enough trust to be escrowing you could probably find a way to capitalise on it better with straightforward trading of some sort.

One way to learn how it's done would be to check the profiles of this forum's highest profile escrows and read all their posts. You'll be able to follow the arc of how they go to where they are. It might take bloody ages but it'll all be on the page to be picked up.

This guy has now possibly the worst trust rating on the forum, but he was very active trading and escrowing until it all went wrong -

https://bitcointalk.org/index.php?action=profile;u=358020

https://bitcointalk.org/index.php?action=profile;u=358020;sa=showPosts;start=11400

[Csmiami]

May I ask why you're interested in doing it out of pure curiosity?

It seems like a potential universe of ball ache for not a great deal of gain. This forum is infested with slugs who'll go all out to rape each other and I assume escrows get regularly caught in the middle.

I'd say if you'd earned enough trust to be escrowing you could probably find a way to capitalise on it better with straightforward trading of some sort.

One way to learn how it's done would be to check the profiles of this forum's highest profile escrows and read all their posts. You'll be able to follow the arc of how they go to where they are. It might take bloody ages but it'll all be on the page to be picked up.

This guy has now possibly the worst trust rating on the forum, but he was very active trading and escrowing until it all went wrong -

https://bitcointalk.org/index.php?action=profile;u=358020

https://bitcointalk.org/index.php?action=profile;u=358020;sa=showPosts;start=11400

Well, I happen to find the position of the escrow as something really interesting in the whole people work with bitcoin, and it seems like something, i don't know... enjoyable? I feel it has similarities like being a moderator in forums, doing it just because even if no one tells you to do so, it is quite of a crutial part of the whole system

[blockman]

Become at least a hero member here which means you successfully spent around 480 days on the forum.

Yes it will give others an assurance because he's a hero member but still it is not the total basis of becoming an escrow. I agree with Darkstar, get the trust normally and you'll gain the trust of the community. Most of the escrow too came from aspiring escrow up until they've made and gain the trust of the community and was able to make a lot of trades here in the forum.

Yeah, i thought so. The problem is that if you need people to trust you in order to gain trust, how can you make the first deal (i don't know if the point is quite clear here).

I'll remind you that don't ever try to buy trust or do trust farming, it's not the right way. Just deal the usual way as if you need some funds or you want to sell stuffs to other people just like a normal business.

Well, I happen to find the position of the escrow as something really interesting in the whole people work with bitcoin, and it seems like something, i don't know... enjoyable? I feel it has similarities like being a moderator in forums, doing it just because even if no one tells you to do so, it is quite of a crutial part of the whole system

It's interesting but it's the most important person in a deal, you have a big responsibility to make every deal successful. And if something goes wrong, you have to be fair of the both sides to make them both satisfied. But there's a lot of people already who are already offering escrow service and I guess that's enough to help every transactors with their deal.

[Csmiami]

Become at least a hero member here which means you successfully spent around 480 days on the forum.

Yes it will give others an assurance because he's a hero member but still it is not the total basis of becoming an escrow. I agree with Darkstar, get the trust normally and you'll gain the trust of the community. Most of the escrow too came from aspiring escrow up until they've made and gain the trust of the community and was able to make a lot of trades here in the forum.

Yeah, i thought so. The problem is that if you need people to trust you in order to gain trust, how can you make the first deal (i don't know if the point is quite clear here).

I'll remind you that don't ever try to buy trust or do trust farming, it's not the right way. Just deal the usual way as if you need some funds or you want to sell stuffs to other people just like a normal business.

Well, I happen to find the position of the escrow as something really interesting in the whole people work with bitcoin, and it seems like something, i don't know... enjoyable? I feel it has similarities like being a moderator in forums, doing it just because even if no one tells you to do so, it is quite of a crutial part of the whole system

It's interesting but it's the most important person in a deal, you have a big responsibility to make every deal successful. And if something goes wrong, you have to be fair of the both sides to make them both satisfied. But there's a lot of people already who are already offering escrow service and I guess that's enough to help every transactors with their deal.

Well, thanks for the advice, this is mainly why I created the thread: to know how things are at the moment, and to make a kind of a "future plan".

PS: trust farming is like the most stupid thing I've ever heard, I mean, paying unneccesary interests for a green number?

[blockman]

Become at least a hero member here which means you successfully spent around 480 days on the forum.

Yes it will give others an assurance because he's a hero member but still it is not the total basis of becoming an escrow. I agree with Darkstar, get the trust normally and you'll gain the trust of the community. Most of the escrow too came from aspiring escrow up until they've made and gain the trust of the community and was able to make a lot of trades here in the forum.

Yeah, i thought so. The problem is that if you need people to trust you in order to gain trust, how can you make the first deal (i don't know if the point is quite clear here).

I'll remind you that don't ever try to buy trust or do trust farming, it's not the right way. Just deal the usual way as if you need some funds or you want to sell stuffs to other people just like a normal business.

Well, I happen to find the position of the escrow as something really interesting in the whole people work with bitcoin, and it seems like something, i don't know... enjoyable? I feel it has similarities like being a moderator in forums, doing it just because even if no one tells you to do so, it is quite of a crutial part of the whole system

It's interesting but it's the most important person in a deal, you have a big responsibility to make every deal successful. And if something goes wrong, you have to be fair of the both sides to make them both satisfied. But there's a lot of people already who are already offering escrow service and I guess that's enough to help every transactors with their deal.

Well, thanks for the advice, this is mainly why I created the thread: to know how things are at the moment, and to make a kind of a "future plan".

PS: trust farming is like the most stupid thing I've ever heard, I mean, paying unneccesary interests for a green number?

Your welcome and I'm glad that you've extracted what I said. And when it comes to trust farming, it's happening here in forum especially for those people that are trying to do  something fishy and it's on their plan. I just knew it when I keep on checking some negative trust people whenever I see on a thread that I posted and it's for real. Yes, they are paying for it and it tends that they are not actually for it but if you'll try to analyze their purpose it goes there.

[nejibens]

You need to rank up a bit, become at least Senior or Hero member, and start your thread showing the community your escrowing service. You need a secured wallet and you need to start some transactions to earning trust and experience. It is a responsability and not an easy mission. But if it is your enthusiasm, you can start.

[Hexah]

Basically rank is the key point to be a good and a reputable escrow since that is the one that determines around in this forum, on your current rank I think is not that high enough but it's eligible to be one, but I suggest that you should spend more time here around here. You should be aware also that this kind of job is vulnerable and risky so better to have some safe and secured wallet to have to. Good luck for you and be that enthusiasm lead to success.

[pinky]

First start with low budget projects or try to escrow for low priced transaction deals. Your rank is also important factor and judgement as escrow shouldnt be biased.Both party need to trust you and your past deals as escrow can accumulate your trust for this result. All the best in this way!

[mmmmyah]

Start small. I suggest just doing regular trades (buy/sell) with others so they can "trust" you. Once you have built up trust and rank, you can proceed to escrow.. just my 2c. Are you planning to make a business out of this service? Just curious.. if so, then it might help to get licensed as a money transmitter etc then you can do much more than escrow..

[Ararbermas]

If you want to be a escrow i suggest to create a free service first to start atleast 5 service to gain green paint to your profile so you will become a trusted person .cause  trustworthy escrow is the must to gain more clients. But i think need atleast Sr. Member or hero cuase sometimes clients had doubt if the escrow person is low rank maybe they run the money for the transaction.

[Yuhee]

If you want to be a escrow i suggest to create a free service first to start atleast 5 service to gain green paint to your profile so you will become a trusted person .cause  trustworthy escrow is the must to gain more clients. But i think need atleast Sr. Member or hero cuase sometimes clients had doubt if the escrow person is low rank maybe they run the money for the transaction.

That could be good also but it is better to show your work and services if ever you had outside the forum. Because just mere statements in this forum is not really believable. Like for example if you know how to make signatures then post it even if you have no previous deals from bounties. As a guy looking for secured services, i would select veterans rather than hopeful beginner with no proof of work.

[deadsilent]

It's hard to get into that job. You have to be trustworthy member. As you see from other trusted members here. They have green or positive reviews about you before you get into that business. That is the indicator that you are a trusted member. You have to earn those in able to qualify from being an escrow. Of course its to earn them. I suggest you to do small trades or offer service for free to gain some trust or positive trust from the members that you successful traded.

Sad to say, but some members are abusing the trust system. Some are trust farming. They are paying members in exchange of positive reviews or trust. Just to make them a trusted member. Good thing there are some concern members who reporting those activities.

[ultrloa]

After being around the forums for about a year, I find the escrow service a really interesting one, and would like to be able to be one myself when I rank up a little bit more. I guess that there are still some key points I'd need to know on how to becoming a good escrow (basically not getting a shiny red trust from day 0). So there goes my question, any tips on how to be an escrow?

Doing an Escrow service is awesome job but the question is can you stand to hold some big deals here? and becoming an escrow agent is not as easy as you think since it need a huge trust before people trust you to hand there deals. And maybe just try to find another source of income and since I think escrow job is not suit for you and to any random dudes around.

[ripplehd1]

I wanted to become one but did not realise you need so many positive feedbacks

[Cactushrt]

If im right you must be aleast sr.member to become escrow there are some members here offering a free escrow so they will gain a positive feedback. Escrow is not an easy thing you must be a very trustworthy here in the forum

[ripplehd1]

If im right you must be aleast sr.member to become escrow there are some members here offering a free escrow so they will gain a positive feedback. Escrow is not an easy thing you must be a very trustworthy here in the forum

If there are members offering free escrow to get positive feedback this means that they're trust farming which is not allowed.