Need Help From Someone Experienced

[Melly]

Hello need the advice from an experienced domainer.

I approached a company about a domain that I have. They are a huge company and they said they would talk to their client about the domain name.

Well about 3 hours later they sent me an offer and its a small profit from what I paid for it so I accepted.

But heres the problem.

They want me to push the domain and then said they would put the money in escrow.

Shouldn't I wait til they put the money in escrow and its confirmed?

Never really heard of pushing a domain first even if they are a big company.

Advice would be appreciated.

 

[Marketing Guru]

Don't underestimate the ability of a big company to shaft a little vendor. Happens all the time. Politely get the money first or put it in escrow.

- MG

 

[Focus]

Use escrow.com for the transaction...really simple & make them pay the fees.

 

[copper]

Why would pushing the domain first necessary when using escrow.com?

Standard/Official Escrow.com process work like...
1. Start escrow process by either party.
2. Buyer submit fund to escrow.com
3. Escrow.com secure the fund
4. Seller push/transfer the domain
5. Buyer approve inspection
6. Escrow.com release the fund

So, why push the domain first?

Just because they are big doesn't mean they can be trusted 100%

 

[south]

Yup. Or just list it at sedo, let them pay through there.

 

[DN BROKER]

Do not use Escrow for this deal, I suggest you use EscrowDNS

 

[Melly]

thanks guys