Vendor Fees/Bonds
What commission do you guys charge and do you require a vendor fee or bond?
Thanks.
What commission do you guys charge and do you require a vendor fee or bond?
Thanks.
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 3% and, for escrow transactions, an "Alpaca mediation" escrow fee of 2%.
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.
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