This is my first trade on here, so how much does it cost to have a escrow on here? My price asking for no more than -8% , equivalent around $259.xx . thanks for leading to the right direction.
There are no rules, but generally the buyer pays escrow and 1% seems reasonable. Most legit people here will not do business without escrow because there is zero security without it. If I were you I would pay 7% and apply the last 1% to escrow. The seller gets less, but payment is all but assured.