If the buyer and you don't know each other, why should the buyer trust you by wiring the money directly?
I think escrow or sedo is the fairest way to transact between 2 strangers
If you are new to domains and looking to buy, sell and learn about domains then you have come to the right place. DNForum is the largest domain name community on the internet and continues to grow every day. There are over 105,000 domainers on DNForum doing everything from buying domains, selling domains, learning about domains and discussing domains. Take a minute and Register.Register Today on DNForum IT'S FREE!
You sold the name. What type of payment should you take: Paypal, Wire, etc.....
Scammers are everywhere so be beware.
- If you have not dealt with the buyer before - don't use Paypal - Wire only
- You can take PP if the amount is small - You need to set the limit as how much you will take a risk?
- Remember Paypal makes their own rules so not much you can do in most cases if you lose your money
- Last but not least - Do not leave a large amount of money in your PP account - Once they (PP) decided to freeze your account, your money will be there for a while. You can always pay someone by drawing from credit cards or checking/saving.
To sum it up - Be careful when buying/selling using Paypal.