Money Makers: AllHay.com Escrow

AllHay.com has begun to offer escrow accounts to buyers and sellers of hay on its website. Given the considerable cost associated with these purchases and varying quality of the hay upon receipt, having funds in escrow could prevent unhappy customers from - at worst - having to take legal action against each other.

Even outsiders can recognize the fact that farming is a large-scale operation. Sprawling across hundreds of acres and growing the food we consume daily, modern farms quite simply make American life possible. To ensure that this progress is maintained, AllHay.com has recently implemented a financial option that makes transactions safer.

AllHay’s newest service is its innovative escrow program, which will surely come in handy when buyers and sellers are exchanging hundreds of bales at prices commanding nearly $100 per bale. Since this is the going rate of hay – and since hay is a critical component of all farms – AllHay decided that it needed to implement a service that would help end-users.  This offering is the first of its kind in the hay buying/selling sector and it gives farms one more reason to find the listing that’s right for them via AllHay.com.

What are the benefits of using a secure escrow account when buying or selling hay on AllHay.com?

·                                 Safe Keeping: Any escrow account, including those used by AllHay, involves the use of a neutral third party that holds on to funds while a transaction is completed. When a buyer identifies the listing they’d like to purchase, this person can place the total price in escrow. Once the hay has been picked up or delivered and the quality is as advertised, the funds are released.

·                                 Eliminating Risk: When perfect strangers come together to swap large amounts of money for large numbers of goods, there’s always the chance that something won’t going as expected. The financial advantage here is that risk is eliminated due to the asking price safely held in escrow until both parties are in agreement on all aspects of the transaction.

·                                 Hefty Hay: A look at listings on AllHay.com gives visitors a good idea of costs associated with hay for sale. For example, a New York listing of 100 bales of large round alfalfa has an asking price of $40 per bale. Some shopper could agree that this is the perfect price for low-moisture fertilized hay and be willing to spend the full $4,000 on it.

An escrow account would provide supreme peace of mind when someone is paying thousands of dollars in a single purchase. AllHay recognizes this risk and hopes that website users will appreciate the foresight that now allows them to buy and sell with as little risk as possible.

About AllHay:

AllHay.com offers an easy and convenient platform for buying and selling high-quality hay and other crops. AllHay.com will connect users with reputable sellers and producers to get the best deals. The website has hundreds of ongoing listings and even allows buyers to establish ongoing relationships with providers.