extension fee or title upfront for TTO #144
Thank you for your comment.
You touch the real issues in deal. This offer TTO with 2 procedures it requires extension fee or title upfront, 3 days extension or title are similar amount, just matter it pays to seller tank or direct to seller.
You buyer has no TANK, so you cant take it TTT, right?
Why buyer dont have TANK, if buyer is taking oil, no reason buyer has no tank or TSA, right?
you can image this, how the seller can trust this buyer and release POP ? so that the offer TTO, all offer procedure almost similar, it requires kind of fee before release POP that makes sense.
If you do TTT with TSA, the offer will be no upfront to seller or seller tank, but it still endorsement on UDTA or access terminal permit or something similar, that will also cost to buyer, that will pay to buyer tank or logistic company.
We would say this way, there is no offer procedure that is really free to get POP or dip test. IF any buyer see it free, 100% that buyer is not fully understand the procedure.
My advice, buyer should not expect everything is free, but just consider if the fee it makes sense to buyer or consider if the seller is good one.. if the seller is well known, no upfront direct to seller, but just reasonable fee pay to buyer tank or logistic company, why not ? for example, SGS cost buyer pay it, why you dont argue ? because it make sense, right.
Here is another offer cif ESCROW, you may review it.
Export EN590 CIF ESCROW
https://fugohk.com/pos-1700/Export-EN590-CIF-ESCROW