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What's the best escrow service?
- Thread starter greggish
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escrow.com use them all time for past 2 years,very happy..last sale after buyer released funds I had check in 2 days..fastest yet ..
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The only thing I wonder about with using escrow for domains is that the contact info can be changed instantly. What if after I transfer the domain the buyer puts in phony contact info and tells escrow.com that he never received the domain and they should not release the funds?
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Both parties protected.
For example, you sell www.24up.net domain. The buyer agreed to pay you $5000.
Escrow will ask the buyer to deposit the funds.
Once Escrow received funds from buyer, Escrow will notify seller to transfer ownership.
The seller will initiate transfer.
Escrow will notify buyer that seller tranfered ownership.
The buyer will check ownership.
If the buyer don't response, Esrow will notify both party and will give update.
If the buyer is satisfied, Escrow will release funds to seller.
For any dispute, Escrow will do the negotiation and make sure that both party satisfied to the deal.
This process is actually explained in detailed when you're starting to sell a items.
Hope this help.
tw.
For example, you sell www.24up.net domain. The buyer agreed to pay you $5000.
Escrow will ask the buyer to deposit the funds.
Once Escrow received funds from buyer, Escrow will notify seller to transfer ownership.
The seller will initiate transfer.
Escrow will notify buyer that seller tranfered ownership.
The buyer will check ownership.
If the buyer don't response, Esrow will notify both party and will give update.
If the buyer is satisfied, Escrow will release funds to seller.
For any dispute, Escrow will do the negotiation and make sure that both party satisfied to the deal.
This process is actually explained in detailed when you're starting to sell a items.
Hope this help.
tw.
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Escrow.com is priced reasonably and works well. I haven't found anyone better, quicker, or as easy to use. The only other one Ive used was Afternic's DNescrow, which they shut down and now use Escrow.com themselves. Although another more expensive choice at a $100 minumum escrow fee is sedo.co.uk.
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