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| Platinum Lifetime Member Last Online: Yesterday 02:05 PM iTrader: (6) Join Date: Jan 2009
Posts: 330
DNF$: 10 Location: England | How does Escrow protect you if seller doesnt hand over the domain Hi all. I have never used escrow before and was wondering what protection if offered if the seller does not hand over the domain which you paid for? Also it says on the escrow site that the service is for domains without content however I am buying a website. Is this ok with escrow...anyone have any experience of this? Are there any other alternatives to escrow that offer protection other than paypal? Thanks, Nick.
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| | #2 (permalink) |
| Platinum Lifetime Member Last Online: 10-27-2009 05:47 AM iTrader: (0) Join Date: Aug 2007
Posts: 477
DNF$: 600 Location: Spain
Country: | If they don't hand over the domain you don't authorize escrow release the money to them. Simple as that. A domain or a domain with website, it really doesn't matter.
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| | #3 (permalink) | |
| Last Online: Yesterday 08:54 PM iTrader: (15) Join Date: May 2005
Posts: 1,094
DNF$: 3,663 Location: USA
Country: | Quote:
moniker escrow will protect both parties, because the domain is transferred via them sedo escrow will protect both parties in most cases (some TLDs incl. gTLDs) | |
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| | #4 (permalink) |
| Bloody lovely Last Online: Yesterday 11:19 PM iTrader: (393) Join Date: Feb 2004
Posts: 23,758
DNF$: 3,507 Location: USA
Country: | As the seller, always notify Escrow.com about the transfer status e.g. copy them when pushing the domain or when sending the account into to the buyer. Never had a problem with them.
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| | #6 (permalink) |
| Alleged Cybersquatter Last Online: Yesterday 06:59 PM iTrader: (15) Join Date: May 2002
Posts: 4,775
DNF$: 2,359 Location: Toronto, ON
Country: | Escrow.com does check whois for ownership.
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| | #8 (permalink) |
| Last Online: Yesterday 11:51 PM iTrader: (45) Join Date: Jul 2006
Posts: 3,034
DNF$: 15,658 Location: Washington DC
Country: | Escrow treats the seller pretty poorly IMO. Basically...the buyer can back out anytime before the 'inspection' period is over...and they will not be a part any legal dispute and just refund the cash...I had a deal where I already transferred the name and the ffing fortune 500 company decided on a different name after the fact...the name was in their account - the cash was in escrow waiting to be release - three days into it..they changed their minds - escrow rolled over. - pissed me off enough to use escrowdns or my own wire from now on as I don't like BS. |
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| | #9 (permalink) | |
| Last Online: 11-07-2009 07:14 PM iTrader: (106) Join Date: Sep 2004
Posts: 3,654
DNF$: 12,034 Location: USA
Country: | Quote:
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| | #10 (permalink) |
| Exclusive Lifetime Member Name: J Last Online: 11-05-2009 03:56 AM iTrader: (0) Join Date: Jan 2007
Posts: 263
DNF$: 3,742 Location: Europe
Country: | So what r u going to do ? Thanks
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| | #11 (permalink) |
| Platinum Lifetime Member Last Online: Yesterday 02:05 PM iTrader: (6) Join Date: Jan 2009
Posts: 330
DNF$: 10 Location: England | well I was considering using escrow.com as the fee or $190 seems fair however I am slightly concerned about what was mentioned above. Mainly that escrow doesnt protect the seller. I will be checking out sedo escrow and their fees before going ahead
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| | #13 (permalink) |
| Platinum Lifetime Member Last Online: Yesterday 02:05 PM iTrader: (6) Join Date: Jan 2009
Posts: 330
DNF$: 10 Location: England | well that is what I thought. The name is not listed. Does anyone know what percentage or charges they charge at sedo for both domains listed with them and not?
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