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Expiring Domains Sedo

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Quite possibly a new domaining record

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S

sanatana

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Last night at 8:30 pm MST, I agreed to buy a domain from a fellow DNFer. The agreement involved the exchange of his domain for a domain of mine plus $x,xxx.

At about 3pm today, I went to the bank and wired the $ to escrow .com. By 5pm today, good funds had been acknowledged, his domain transfer was completed to me at one registrar, likewise mine to him at another registrar, and his funds were then disbursed.

All in all, 20.5 hrs from beginning to end. Is that a new record?

Imagine if I hadn't sat on my butt 'til 3pm!:lol:

S
 
Domain Summit Africa 2027
Most names that we buy close in hours or sooner...Don't most of yours?
 
Amateur :)

About 25% of my transactions complete in under 15 minutes.

This means they send me a reasonable offer (or buy a fixed price domain), PayPal me right away (my system provides them the link) using a credit card or prefunded account, and I create an eNom account for them, push the domain into it, and email the buyer the ID and password.

Actually I often get this done in under 10 minutes -- 15 minutes on a slow day.

This is also why I yell at Sedo for taking 3 WEEKS to complete the same process.
 
Sure, but I think that he is talking about the escrow part of the deal. I've had transactions take 2 minutes from start to finish, especially with "consumers" but I've never had a 20 hour transaction when Escrow is involved.
 
JuniperPark said:
This is also why I yell at Sedo for taking 3 WEEKS to complete the same process.
Click to expand...

Sedo claims the buyer hasn't paid after 2 weeks thus far. They've been giving me the "will pay on Tuesday" response.
 
thats a VERY VERY fast escrow deal...cheers! :ok:
I think my record is 48 hours..and any delay was on banks/escrows end..
I thought 2 days was blindingly fast!

Chris
 
JuniperPark said:
Amateur :)

About 25% of my transactions complete in under 15 minutes.

This means they send me a reasonable offer (or buy a fixed price domain), PayPal me right away (my system provides them the link) using a credit card or prefunded account, and I create an eNom account for them, push the domain into it, and email the buyer the ID and password.

Actually I often get this done in under 10 minutes -- 15 minutes on a slow day.

This is also why I yell at Sedo for taking 3 WEEKS to complete the same process.
Click to expand...

I'm exactly like you, 15/20 minutes flat.. I also rarely use escrow and do bank-wires for both buying and selling which means same day processing if you send before 3pm..

Sedo?? what is that LOL
 
That is good for escrow.com. I like the fact that both parties must be satisfied before the money is released and the domain name is fully transferred to the buyer. A very good system for larger sales (even cars if you buy one on line...I have not but heard it is exceptionally good for that).

A typical escrow deal will usually be 3 days. But all of my escrow.com sales have involved transcontinental sales, different time zones to deal with, and of course the currency exchange matters.

But you know what? Still beats the hell out of Sedo's painfully slow domain and money transfers.
 
tekz999 said:
I complete deals in 5 minutes.
Click to expand...

That long tekz? :uhoh:
...By the time my buyer pushes send in paypal, the name is pushed to them, and feedback is left on DNF..takes all of about 1.5 minutes! hehehehe, and that's if I stop to take a nap first!
 
My escrow.com record is around 15 hours , But i had an unfair advantage due to time zones
 
My escrow.com transactions usually take about 2 days.
 
Huh. I'm faster than all of you. My current deal is taking only 21 + days. Seriously....The buyer has been taking time to respond and isn't too sure on how to do things *sigh*.
 
i complete my transactions before - just completed another one- didja see it?

heehee :-) if everone is online at the time, can be done asap-
 
i think am the faster here :)
cross Sedo escrow service it takes 7 days at the best time, via Escrow.com the best time was 18 days :D
 
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