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Homework’s Business Model comprises three basic types of work.
A buyer (client) will post a project to get it done by a
seller (freelancer). He/she will include the brief of work
along with the budget and delivery time frame.
The buyer must have the amount of money in his/her
ESCROW account, posted as a budget for the project.
Sellers will be able to bid on that project with respect
to his/her cost and delivery time.
Buyer will select the seller’s bid to get the Job done.
After that, the freelancer is bound to deliver the work
within the decided time frame.
Hence after submission of work a buyer may accept or
reject the work depending upon the description given
and revisions required.
After completion of the project, the amount is
transferred to the seller’s ESCROW account.
A seller will be able to post an offer of services given
by him/her with the time frame and cost.
A buyer will be able to browse those offers by different
categories and may select an offer to buy for his/her
self.
The buyer must have the amount of money in his/her
ESCROW account, required to buy an offer.
Once the buyer has purchased the offer, the freelancer
is bound to deliver the work within the decided time
frame.
Hence after submission of work a buyer may accept or
reject the work depending upon the description given
and revisions required.
Hence after submission of work a buyer may accept or
reject the work depending upon the description given
and revisions required.
A seller will be able to post a finished product along
with the description and cost offered by him/her.
A buyer will be able to browse those products by
different categories and may select the product to buy
for his/her self.
The buyer must have the amount of money in his/her
ESCROW account, required to buy a product.
Once the buyer selects “buy the product” option and
confirm it, he/ she will be able to download the
product.
After that, the amount of product will be transferred to
the seller’s ESCROW account.
Homework will charge a 5% service fee on every No fee will be charged to buyers ESCROW transaction done in seller’s account.
No fee will be charged to buyers.
During the work time frame of a project or an offer, buyers and sellers both are able to cancel the project/offer by submitting the cancellation form along with the reason to our support team.
In the case of completion of the time frame, if the seller does not deliver the work, the buyer has the option to cancel the project anytime.
In case of completion of time frame, if the seller does not deliver the work, the seller has the option to submit the request to cancel the project which will be accepted by the buyer to cancel it or extend it for a specific period of time.
In case of project or offer cancellation, the amount deducted from the ESCROW account of buyer will be refunded to him/ her without any deductions.
A seller is able to withdraw cash from his/her ESCROW account with the available options below:
Bank
EasyPaisa
Rider
Homework Office
Note: Multiple project/offer cancellations from both buyers and sellers without any valid reasons may lead to low ratings and account termination as well.
