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Why 10% depsoit?

Lock in your purchase with the 10% deposit online.

Anthony Longo avatar
Written by Anthony Longo
Updated over a month ago

At Firesale, we know that many people still prefer paying in person — whether it’s with cash, Venmo, or another method they trust. But we also wanted to bring the speed and convenience of online checkout to the local selling experience.


That’s why we created a hybrid model: buyers pay a 10% deposit online to reserve the item, then pay the remaining 90% directly to the seller at pickup.


💡 Why 10%?

We chose 10% because it’s just enough to:

  • Guarantee the item is yours (no one else can buy it)

  • Notify the seller instantly that it’s sold

  • Reduce no-shows and serious time-wasting

  • Keep the process simple and flexible for both sides

You get the convenience of online buying — without forcing anyone into payment methods they’re not comfortable with.


🔒 You’re protected, no matter what

Every 10% deposit is covered by Firesale’s Purchase Protection. If you go to pick up the item and it’s:

  • Not as described

  • Damaged

  • Or you decide not to go through with the purchase

We’ll refund your deposit — no questions asked. You’re always safe shopping on Firesale.


🛍️ Full payment coming soon

We’re working on rolling out a 100% online payment option, so buyers who prefer paying upfront can complete the entire transaction through Firesale. But for now, the 10% deposit keeps things flexible, fast, and friction-free.


In short:
The 10% deposit reserves your item, keeps you protected, and gives you freedom to pay the rest however works best for you and the seller.

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