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Old 07-07-2013, 11:05 PM  
sarettah
see you later, I'm gone
 
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Join Date: Oct 2002
Posts: 14,106
Quote:
Originally Posted by clickhappy View Post
the initial payment is 4 figures. We're not talking about a $200 job here.
I wasn't talking a $200 job either. Doesn't matter to me the size of the job. If you set a payment schedule that is based on milestones and you have the escrow set up to release on milestones, what is the difference other than without the escrow you keep your money in the bank.

If you are going to want someone dedicated to your project then there needs to be money up front (imho). If it is a big expensive project then you do less than a 1/4 down to get started. The developer still needs to be able to eat until the first milestone and if the only work he is doing is for you, well.

Anyway, all I was trying to convey was I don't see how the escrow helps you out if you are releasing at milestones anyway.

Hope your project turns out well

.
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