Network Solutions Certified Offer Service

[DavidH]

Does anyone have any experience, either good or bad, of using the NS Certified Offer Service as a means of selling a domain name?

I have an agreement with an end user to sell a domain name (buyer in US with an account at NS and myself in the UK, never used NS before) and the buyer wants to use NS as a third party to handle the transaction by making the agreed sale price as an offer under the NS Certified Offer Service.

I am concerned how long NS would take to handle the transaction and particularly to pay me since I am in a different country from the buyer. I would prefer to use Escrow.com.

Before I go back to the buyer I would be very interested to hear from anyone who has used the service to get an impression of how good (or otherwise) an experience they had, what fees were charged and how long it took for payment to be received.

Many thanks in advance for any help anyone can give me.

DavidH

[URLtrader]

The best thing I like about this service is that NSI gets a pre authorization on the buyer,s creditcard/debitcard. So if his offer is accepted by the seller, he cannot change his mind or play games to delay the payment. Good luck.

URLtrader

[Yofie]

As a seller, it took me 30 days to get paid and I am in the US. So I would think it would be Longer for you to get paid.

The service in general.... sucks! IMO

As a buyer, I used it because the person I was buying from asked as well. We had a set price, I made the offer and the seller didn't get the email for nearly 10 days. After he got the email, in the mean time, the seller decided to get an Appraisal and wanted 4X's what we agreeded on. Waste of $19, and NetSol did NOTHING for my part on contacting the seller, besides sending the bouncing emails. If I wouldn't of sent NetSol an email about the seller not getting the emails, he never would of got any.

[Onward]

I have a lot of experience with this as a buyer....It is very safe for the buyer....and costs them 5%.

The transactions have been very quick for me as the sellers had their names with Netsol...I would say on average, from when the agreement is accepted, I have the domain in my account with in 3-4 days.

The seller chooses the method of getting paid and depending on that method and how long the domain takes to get to netsol - those are the determining factors on how long the transaction takes.

After the transactions I was apart of, the sellers got wire payments in 5 days....but keep in mind their names were at netsol.

[Yofie]

Originally Posted by Onward

I have a lot of experience with this as a buyer....It is very safe for the buyer....and costs them 5%.

$19.00 Plus the 5% of the sale amount.

[Onward]

Originally Posted by Yofie

I made the offer and the seller didn't get the email for nearly 10 days. Waste of $19, and NetSol did NOTHING for my part on contacting the seller, besides sending the bouncing emails.

You need to do some hand holding with the seller...lots of hand holding.... and the e-mails netsol sends always goes into their spam folder...

Originally Posted by Yofie

$19.00 Plus the 5% of the sale amount.

True the $19 is also a cost, my purchases have been pretty large and I forgot about the initial fee before it is actually a transaction.

[Banned: MainstreamDomains]

i just had an netsol certified offer completed 2 weeks ago and got check last week.

Domain had 60 day lock and they contacted GD to remove that for quick transfer - even when my request to do same was not granted...but now they took that 60 day hold away sooo - easier sales now

[HuntingMoon]

we accept it - slow payment but reliable.

[lordbyroniv]

i have used netsol certified offer

there are cheaper alternatives

but i liked netsol certified offer regardless

[scrsteven]

I got an anonymous offer this way for a name and sold it a year ago or so.. it took around 3-4 weeks after the domain transfer finished for my check to arrive I think.