• HonestCocaine [35]

    Vendor Fees/Bonds

    What commission do you guys charge and do you require a vendor fee or bond?

    Thanks.

  • Rigr [103]
    View

    Posted on 4 June 2014 by HonestCocaine [30] :

    What commission do you guys charge

    Until we're sure that everything is working correctly, and that people are 100% satisfied with the marketplace, all transactions will have free dispute mediation (i.e. zero fees).

    There will be a "marketplace fee" of 2% and, for escrow transactions, an "Alpaca mediation" escrow fee of 3%.

    At a later stage, we plan to implement third party dispute mediation. Buyers will be able to select from a list of dispute mediators, each with their own terms, prices and rankings.

    View

    Posted on 4 June 2014 by HonestCocaine [30] :

    do you require a vendor fee or bond?

    On Alpaca, anyone can buy and sell on the marketplace.

    However, by default, only listings from verified vendors (i.e. reputation 30+) will be visible to buyers. You can view all listings by un-checking "verified vendors only" in the search filters.

    We are still working out the details of a "probationary verification" process, which would allow new vendors to have their listings displayed alongside the listings of verified vendors.

    Rigr