Legal contact, now what? - DNForum - Domain Sales, Domain Forum, Domain Appraisals, Domain Registrars

**jdk** · 01-08-2007, 06:37 PM

I law firm representing a known celebrity has contacted me regarding one of my domain names. They have agreed to purchase a name from me for an undisclosed amount. They have requested to transfer the name to them and they would send me out a check. I have done my research and this is a law firm and not some phishing scam.

My question is, should I push the name to them before payment or reply stating I must receive payment first?

**Zoobar** · 01-08-2007, 06:54 PM

I recommend telling them you will transfer the name once you have their check in hand.

**Rockefeller** · 01-08-2007, 08:23 PM

agreed

**petrosc** · 01-08-2007, 08:25 PM

why not use escrow for everybody's safety? If the amount is good, offer to pay the fees, at least you'll have a peace of mind

DNP · 01-08-2007, 08:34 PM

Agreed. Tell them about Escrow. Good luck!

**jdk** · 01-08-2007, 08:35 PM

Thanks all. I emailed suggesting escrow or send payment first. We'll see what they respond with.

**sdsinc** · 01-09-2007, 05:07 AM

Escrow is the way to go. A check is just paper until cleared.

**sellingonline** · 01-13-2007, 07:51 PM

and tell us how it went

**jdk** · 01-13-2007, 08:53 PM

Will do once the deal has closed.

**Doc Com** · 01-14-2007, 12:34 AM

Quote:

Originally Posted by petrosc

why not use escrow for everybody's safety? If the amount is good, offer to pay the fees, at least you'll have a peace of mind

Definitely the safest route. The money is deposited, you transfer the domain, once both parties are satisfied, the funds are released to you. Have used several times on large sales and have been very happy with results.

If we are talking about different currencies, there may be a delay in the currency exchange and approval. This might be a couple of days but other than that it was an excellent service and excellent communication each step of the way.

Good luck!

**actnow** · 01-14-2007, 11:16 AM

I assume the transaction has already started.

However, I wouldn't trust the lawyer.

I would have only used escrow.com. Or another lawyer like
Stevan Lieberman (or others.)

It wouldn't be the first time that someone stopped payment on a check.

**lawpal** · 01-16-2007, 09:37 PM

$$ first
then transfer

no alternative

anyone who asks you otherwise is ill intentioned

**Focus** · 01-16-2007, 09:40 PM

They are in a position to take your domain and you would have NO recourse other than a name dispute, which of course you would'nt win! Hope you went the escrow.com route! Or paypal on a company card always works too, that way if they charge it back and they got the domain it's cc fraud on their end.

**GoPC** · 01-16-2007, 11:05 PM

I would have replied that for THEIR protection, I have set up an Escrow transaction and transferred the domain there. That way, you seem professional and have their best interests in mind

GoPC

01-08-2007, 06:37 PM	#1 (permalink)
jdk DNF Addict Name: Doug Last Online: 11-19-2009 06:09 PM iTrader: (175) Join Date: Jul 2004 Posts: 6,886 DNF$: 68,548 Location: Florida Country:	Legal contact, now what? I law firm representing a known celebrity has contacted me regarding one of my domain names. They have agreed to purchase a name from me for an undisclosed amount. They have requested to transfer the name to them and they would send me out a check. I have done my research and this is a law firm and not some phishing scam. My question is, should I push the name to them before payment or reply stating I must receive payment first? __________________ Domain Research Tool - Save $125!! Discounted DNF$ For Sale - Pimp RPG Game Alphabetize.org

01-08-2007, 06:54 PM	#2 (permalink)
Zoobar DNF Addict Last Online: 11-20-2009 09:44 PM iTrader: (55) Join Date: Jul 2002 Posts: 2,723 DNF$: 1,152 Country:	Re: Legal contact, now what? I recommend telling them you will transfer the name once you have their check in hand.

01-08-2007, 08:23 PM	#3 (permalink)
Rockefeller Name: Justin Godfrey Last Online: Yesterday 11:34 AM iTrader: (361) Join Date: Apr 2005 Posts: 7,446 DNF$: 3,025 Location: Sheboygan, WI Country:	Re: Legal contact, now what? agreed __________________ Domain name newsletter

01-08-2007, 08:25 PM	#4 (permalink)
petrosc Name: Petros Last Online: Today 12:59 AM iTrader: (84) Join Date: Jan 2005 Posts: 3,638 DNF$: 2,134 Location: Czech Republic Country:	Re: Legal contact, now what? why not use escrow for everybody's safety? If the amount is good, offer to pay the fees, at least you'll have a peace of mind __________________ FREE SEO Course From The Guys Who Practically Invented SEO. Click Here Follow Me On Twitter: Click Here

01-08-2007, 08:34 PM	#5 (permalink)
DNP Exclusive Senior Member Last Online: 11-21-2009 02:56 AM iTrader: (244) Join Date: Nov 2006 Posts: 7,269 DNF$: 351 Location: Canada Country:	Re: Legal contact, now what? Agreed. Tell them about Escrow. Good luck! __________________ * List of Top 1 Million U.S. Web Sites (September 2009) * Exclusive offer for DNForum members is back!

01-08-2007, 08:35 PM	#6 (permalink)
jdk DNF Addict Name: Doug Last Online: 11-19-2009 06:09 PM iTrader: (175) Join Date: Jul 2004 Posts: 6,886 DNF$: 68,548 Location: Florida Country:	Re: Legal contact, now what? Thanks all. I emailed suggesting escrow or send payment first. We'll see what they respond with. __________________ Domain Research Tool - Save $125!! Discounted DNF$ For Sale - Pimp RPG Game Alphabetize.org

01-09-2007, 05:07 AM	#7 (permalink)
sdsinc Missing in action Name: Kate Last Online: Today 05:46 AM iTrader: (41) Join Date: Jul 2005 Posts: 4,670 DNF$: 28,101 Location: .cz Country:	Re: Legal contact, now what? Escrow is the way to go. A check is just paper until cleared. __________________ VeryOldNames.com

01-13-2007, 07:51 PM	#8 (permalink)
sellingonline Platinum Lifetime Member Last Online: 07-18-2009 10:20 PM iTrader: (3) Join Date: Oct 2006 Posts: 266 DNF$: 1,239 Location: n/a Country:	Re: Legal contact, now what? and tell us how it went __________________ enjoy your day - ICQ 417649206 German Articles/Websites (native writer) written per your Specifications +++

01-13-2007, 08:53 PM	#9 (permalink)
jdk DNF Addict Name: Doug Last Online: 11-19-2009 06:09 PM iTrader: (175) Join Date: Jul 2004 Posts: 6,886 DNF$: 68,548 Location: Florida Country:	Re: Legal contact, now what? Will do once the deal has closed. __________________ Domain Research Tool - Save $125!! Discounted DNF$ For Sale - Pimp RPG Game Alphabetize.org

01-14-2007, 11:16 AM	#11 (permalink)
actnow Last Online: Yesterday 08:56 PM iTrader: (87) Join Date: Mar 2003 Posts: 4,413 DNF$: 6,593 Location: Washington,DC	Re: Legal contact, now what? I assume the transaction has already started. However, I wouldn't trust the lawyer. I would have only used escrow.com. Or another lawyer like Stevan Lieberman (or others.) It wouldn't be the first time that someone stopped payment on a check. __________________ Act Now Twitter - dotcomgroup

01-16-2007, 09:37 PM	#12 (permalink)
lawpal Platinum Lifetime Member Last Online: 10-21-2009 01:20 PM iTrader: (1) Join Date: Oct 2002 Posts: 520 DNF$: 3 Location: miami Country:	Re: Legal contact, now what? $$ first then transfer no alternative anyone who asks you otherwise is ill intentioned __________________ Don't waste my time & I won't waste yours.

01-16-2007, 09:40 PM	#13 (permalink)
Focus Making Everything Click Name: Chris Last Online: Today 12:05 AM iTrader: (111) Join Date: May 2005 Posts: 9,406 DNF$: 15,346 Location: Dirty South Country:	Re: Legal contact, now what? They are in a position to take your domain and you would have NO recourse other than a name dispute, which of course you would'nt win! Hope you went the escrow.com route! Or paypal on a company card always works too, that way if they charge it back and they got the domain it's cc fraud on their end. __________________ Selling the tremendous domain name : FLUS dot com must see unbelievable price & opportunity! Hurry!

01-16-2007, 11:05 PM	#14 (permalink)
GoPC DNF Addict Name: Scott Last Online: 10-08-2009 07:27 PM iTrader: (24) Join Date: Jan 2006 Posts: 1,815 DNF$: 6,607 Location: Pacific North West Country:	Re: Legal contact, now what? I would have replied that for THEIR protection, I have set up an Escrow transaction and transferred the domain there. That way, you seem professional and have their best interests in mind GoPC

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