Ensuring Consumer Payments

Entrepreneurship
1

Hi,

Making a real estate website. We take a percentage from the final property sale price. (2%)

How can I ensure that my client will pay the 2% at the end of the deal? (while keeping it on the internet; no physical contracts, etc)

Is there a way via Stripe that guarantees it, etc.?
Would an online “yes” or “no” button work as proof of agreement?

I would do a 1% before, 1% after the sale, but I don’t want users to feel like their getting scammed. (If this is wrong/is something you would happily pay before your home was sold - please let me know)

Any other ideas…

2

Use escrow platforms. This way, you could keep all parties safe.

Here are some escrow platforms you could check out

3

does the stripe one work with the stripe plugin and integration on bubble?

4

Escrow has a precise legal definition and Stripe does not support escrow accounts. However, we do provide escrow-like behavior through manual transfers. This gives you control over transfer timing, with the ability to delay payouts to Custom accounts for up to 90 days.

Manual transfers can be used as an alternative to escrow when there may be a risk of a delayed delivery, or if there’s the possibility of a refund being needed.

2 Likes
5

Oh, okay. I should be good then. Thanks!