How youtube transaction works

1. Agreement and Initial Payment by the Buyer: Before proceeding with any payments, LETSOC provides both the buyer and the seller with a formal agreement outlining the terms and conditions of the transaction. Once both parties review and sign the agreement, which ensures the safety and security of both sides, the buyer makes the full payment to LETSOC via the LETSOC marketplace. This payment is securely processed, confirming the buyer's commitment to the transaction.

2. Seller Invites LETSOC: Upon receipt of the payment, the seller invites the LETSOC team to act as the official brand account owner. LETSOC assumes responsibility for managing the account, ensuring all aspects of the transaction are handled professionally and efficiently.

3. Buyer is Invited as Account Manager: After the seller's invitation, LETSOC extends an invitation to the buyer to become the brand account manager. A mandatory seven-day waiting period begins at this stage, giving both parties time to verify and confirm the transaction details. This waiting period ensures that all necessary checks are completed and the process moves forward smoothly.

4. Ownership Transfer and Payment Release: Following the completion of the seven-day waiting period, LETSOC transfers the primary ownership rights to the buyer, officially making them the primary account holder. Once the ownership transfer is confirmed, LETSOC releases the payment to the seller, finalizing the transaction and ensuring both parties' interests are safeguarded.