SettlePlace — Buy & Sell with Confidence

Seller Protection Program

Sell with confidence. Every transaction is protected by secure payment protection, verified buyers, and comprehensive fraud prevention.

Guaranteed Payment

Receive payment only after funds are verified and held securely. No risk of bounced checks or payment fraud.

  • Funds verified before release
  • Automated payment on completion
  • Protected from payment default
Verified Buyers Only

All buyers must complete ID verification and profile checks before making offers on your assets.

  • Full ID verification required
  • Buyer ratings and reviews visible
  • Transaction history available
Legal Protection

Binding contracts with clear terms protect you from disputes and ensure buyers meet their obligations.

  • Legally binding digital contracts
  • Clear payment terms enforced
  • Dispute mediation available
How Our Payment Protection Works for Sellers
1

Offer Accepted

Accept verified buyer's offer and sign contract

2

Deposit Secured

Buyer's deposit held securely immediately

3

Due Diligence

Buyer completes inspections, you maintain asset

4

Confirmed Payment

Full payment verified and held securely

Get Paid

Receive funds immediately after possession transfer

Your Payment is Guaranteed

Once buyer confirms possession, funds are automatically released to you. No waiting for checks to clear or dealing with payment disputes. Your money is safe and delivered on time.

Your Rights as a Seller

During Negotiation

  • Right to Refuse

    Accept, reject, or counter any offer at your discretion

  • Right to Set Terms

    Define your own payment terms, settlement dates, and conditions

  • Right to Buyer Information

    View buyer's verification status and transaction history

  • Right to Withdraw

    Cancel listing at any time before contract signing

After Agreement

  • Right to Payment

    Guaranteed payment once all conditions are fulfilled

  • Right to Keep Deposit

    Retain deposit if buyer breaches contract without valid reason

  • Right to Compensation

    Recover costs if buyer fails to complete transaction

  • Right to Dispute

    File disputes if buyer breaches terms or acts in bad faith

Buyer Responsibilities That Protect You

All buyers are contractually obligated to meet these responsibilities, protecting you throughout the sale:

Verified Identity

Complete ID and face verification before making offers

Secured Funds

Deposit and full payment verified and held securely

Timely Inspections

Complete inspections within agreed timeframes without delay

Contract Compliance

Honor all agreed terms, conditions, and settlement deadlines

Good Faith

Act in good faith and cannot withdraw without valid reasons

Clear Communication

Maintain clear communication throughout the transaction

Fraud Prevention Measures

We protect sellers from common fraud schemes with multiple layers of security:

Payment Verification

All payments verified before acceptance - no fake checks or scam payments

Identity Checks

Mandatory ID and face verification prevent identity fraud and impersonation

Payment Protection

Funds held securely - buyers cannot claim non-delivery after payment

Platform Monitoring

AI monitoring detects suspicious behavior and flags potential fraud attempts

Stay Safe: Red Flags to Watch

  • • Buyers requesting to move transactions off-platform
  • • Requests for personal banking details before contract
  • • Overpayment schemes or unusual payment requests
  • • Pressure to skip verification or payment protection processes

Always report suspicious activity to our support team immediately.

Cost Recovery & Deductions

We protect you from bearing costs that are part of the transaction process:

Automatic Cost Deduction

Security checks, inspections, and documentation costs are automatically deducted from the final payment, so you don't pay upfront expenses.

Transparent Fee Structure

Platform fee is clearly stated at 0.7% of sale price - no hidden charges or surprise deductions.

Failed Sale Protection

If buyer breaches contract, you keep the deposit to cover your costs and time invested.

Enhanced Protection for High-Value Sales

For sales over $50,000, you receive additional protection measures:

Verified Buyers Only

Only fully verified buyers with complete ID and face verification can make offers

Larger Deposits Required

Higher deposit requirements ensure buyer commitment and protect against withdrawal

Enhanced Documentation

Comprehensive contracts with detailed terms and conditions to prevent disputes

Priority Support

Dedicated support team and fast-tracked dispute resolution if needed

Ready to Sell with Confidence?

List your assets knowing you're protected by guaranteed payment, verified buyers, comprehensive fraud prevention, and fair dispute resolution.