Netlox.com replacing escrow.com?

[adoptabledomains]

For sales exceeding $500, if either the buyer or seller requests to use escrow, Netlox.com will be used and the fee will be split.

I noticed the above change to the auction rules. I'm not sure when escrow.com was replaced, but has anyone ever heard of or used netlox.com?

They must be brand new, since their "about" link says:

The Company

NetLox, a product of EpicMedia.net, has been serving domain name sellers and buyers online since early 2003.

Is this also owned by the new owner of dnforum?

 

[Edwin]

From the news page...

Friday, April 25, 2003
The complete NetLox.com website and business is for sale this week, please contact EpicMedia.net for details and to make an offer.

Hardly the sign of a stable business planning to be around for the long haul, IMO!

 

[Edwin]

Originally posted by adoptabledomains
Is this also owned by the new owner of dnforum?

The Whois are the same, so I'd have to say "yes". Presumably that's why it's being made the mandatory escrow partner for all high-value transactions.

Hate to say it, but I'm getting more cynical about DNForum with every change and every passing day. Such a shame

 

[iBizStart]

DotComGod just purchased netlox but I wouldnt recommend it. The whole site is basically an idea in a bubble. Continue to use escrow

 

[CoolHost.com]

Originally posted by Edwin
Hate to say it, but I'm getting more cynical about DNForum with every change and every passing day. Such a shame

Join the club, Edwin! Surely, recent happenings around here weren't in the $49.95 "Platinum" brochure.
PS. I would NEVER use this NetLox thing.

 

[Edwin]

Yeah, couple the failing auctions with the very dubious software that is STILL being pushed at http://www.dnforum.com/dnsoftware.htm despite many voices in opposition (i.e. the spamming IP blaster thing) and now, it seems, even a comment from the original author asking to be paid for it (!) http://www.dnforum.com/showthread.php?s=&threadid=29585 and you have a really messy situation developing.

I'm very much in two minds - on the one hand, I can certainly recoup many times my $49 "investment" in becoming Platinum via the sales I can close on DNF... on the other hand, the direction (spiralling ever downwards) this site is taking means I don't want to get too closely tied up with it, leaving a gap that's hard to fill if it fails or collapses.

 

[CoolHost.com]

From one Gemini to another ... BINGO!
I enjoy reading your "Edwinian theories", Edwin.
Take care.

 

[Edwin]

Except that I'm not a Gemini...

 

[CoolHost.com]

Originally posted by Edwin
Except that I'm not a Gemini...

Me either ... I was just referring to the "of two minds" comment.
LOL.
We're

 

[adoptabledomains]

The part if have trouble with is the "will be used" part, seemingly making it mandatory.

An escrow service is supposed to provide confidence that it's a neutral and safe third party. a buyer might not feel safe using either a site that's only established in "early 2003", especially it's for sale or under new ownership as stated in another post.

On other parts of this conversation, does it seem the total posting traffic itself has been dwindling? It seems that way to me.

 

[ajiabs]

This site was auctioned off at ebay few days back. Take a look at http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2526692447&category=11763&rd=1

I was following the auction. But didn't think a brand new site site was worth more than a thousand dollars. Seems like DotComGod is the new owner of the site and want to promote it here. That's all.

 

[iBizStart]

ajiabs is correct. I was also following the auction which was being auctioned of by epicmedia.net

 

[NameGuy]

Hope he bought plenty of liability insurance too.

 

[timechange.com]

There is no way to enforce the use of a 3rd party escrow service with zero reputation. This is just blatant promotion of one's own business. We can choose not to use it - no way to enforce it in a private transaction.

I just finished my 5th large transaction with Escrow.com - this time as a buyer (well over $1,000) and I would fully recommend it.

 

[NameCaster]

Originally posted by Edwin
Yeah, couple the failing auctions with the very dubious software that is STILL being pushed at http://www.dnforum.com/dnsoftware.htm despite many voices in opposition (i.e. the spamming IP blaster thing) and now, it seems, even a comment from the original author asking to be paid for it (!) http://www.dnforum.com/showthread.php?s=&threadid=29585 and you have a really messy situation developing.

I'm very much in two minds - on the one hand, I can certainly recoup many times my $49 "investment" in becoming Platinum via the sales I can close on DNF... on the other hand, the direction (spiralling ever downwards) this site is taking means I don't want to get too closely tied up with it, leaving a gap that's hard to fill if it fails or collapses.

Very well spoken Edwin. I couldn't agree with you more.
Cheers!