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which escrow service do you use?
- Thread starter Glamorama
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i use sedo's service
why?
because i prefer a service that takes control of the domain during the transaction process.
i have used namedrive rep's as brokers in the past though, but the payment process went thru escrow.com
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Escrow.com
My first domain sale was for 15K. Yeppers, 15K - - not "the fish was this big" kinda 15K . Even more crazy is that it was a year old hand reg with a sorry little site on it. The sale story can be summed up by saying I capitalized on corporate carelessness; they HAD to have the exact domain. (I had nor ever had any relationship whatsoever to the corporation -- just got lucky post extensive research in a very tedious needle in a haystack method of name searches I came up with). The domain story may spark interest and I do plan on telling it. Just give me a little time as I am still sitting on the .net and .info and I know they will come calling down the road with lesser offers for the other 2 extensions. (it is a weird situation I promise I will expound on it after the info and net are gone)
Anyway I was mystified about the sale/transfer process, it was my first kiss and I was clueless times a gazillion. My 3 concerns were
1) I would make a mistake that would lead me to losing the domain
2) I would transfer the domain and not get paid
3) Everyone involved would realize I was/am an idiot, LOL
The buyer suggested escrow.com.
Escrow made the sale so easy. At the time, as I can only describe myself as ignorant/naive, I recall being so thankful for escrow's complete instructions/explanations. I also liked the way I could log in (truth be told, every five minutes or so. Now give me a break on the every 5 min login -- I was soooo excited), check on the status of the sale, and convince myself that yes, I was getting 15K for something that I had bought for 10 bucks the year before.
I can not comment on any of the other services -- my first experience has made me an escrow customer forever.
If someone is new to selling and they find themselves with a nice size sale, I would suggest escrow all the way.
Dang -- after reading that back, maybe I should hit them up for a job :idea:
My first domain sale was for 15K. Yeppers, 15K - - not "the fish was this big" kinda 15K . Even more crazy is that it was a year old hand reg with a sorry little site on it. The sale story can be summed up by saying I capitalized on corporate carelessness; they HAD to have the exact domain. (I had nor ever had any relationship whatsoever to the corporation -- just got lucky post extensive research in a very tedious needle in a haystack method of name searches I came up with). The domain story may spark interest and I do plan on telling it. Just give me a little time as I am still sitting on the .net and .info and I know they will come calling down the road with lesser offers for the other 2 extensions. (it is a weird situation I promise I will expound on it after the info and net are gone)
Anyway I was mystified about the sale/transfer process, it was my first kiss and I was clueless times a gazillion. My 3 concerns were
1) I would make a mistake that would lead me to losing the domain
2) I would transfer the domain and not get paid
3) Everyone involved would realize I was/am an idiot, LOL
The buyer suggested escrow.com.
Escrow made the sale so easy. At the time, as I can only describe myself as ignorant/naive, I recall being so thankful for escrow's complete instructions/explanations. I also liked the way I could log in (truth be told, every five minutes or so. Now give me a break on the every 5 min login -- I was soooo excited), check on the status of the sale, and convince myself that yes, I was getting 15K for something that I had bought for 10 bucks the year before.
I can not comment on any of the other services -- my first experience has made me an escrow customer forever.
If someone is new to selling and they find themselves with a nice size sale, I would suggest escrow all the way.
Dang -- after reading that back, maybe I should hit them up for a job :idea:
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Sedo.com / escrow.com / lawyer
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