Has anyone used escrow.com for transactions?

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  • snatch1
    Registered User
    • May 2006
    • 60
    #1

    Has anyone used escrow.com for transactions?

    Hey all,

    I was just wondering has anyone here used Escrow for large transactions over say $10k. I am about to use it for the first time for a massive transaction and are to recieve the money but how does it all work?

    Also how do i get the money, i have a Visa debit card as im based in the UK would the money go straight into that account. Also is there options of a bank transfer wire or something?

    Thanks
    Tags: None
    • $5 submissions
      I help you SUCCEED
      • Nov 2003
      • 32189
      #2
      Bump. I need to know as well. I'm thinking of using it for a fairly expensive (for me at least) domain purchase.

        Comment

        • BT
          Confirmed User
          • Apr 2002
          • 6481
          #3
          It works great because the money stays in escrow until both parties are happy

          IS Prime Hosting Bald Head Shine "BT" The American Dream, baby!
          " THE HOST WITH THE MOST!"



          My ICQ 122994792

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            • StuartD
              Sofa King Band
              • Jul 2002
              • 29903
              #4
              yeah, the buyer pays escrow, and escrow sits on that money until all terms of the transaction are satisified by both parties and then escrow pays the seller. It has worked well for me... really streamlines the process and leaves less room for errors/problems.

              As for how you get paid by escrow, there are quite a few options... paying directly into a visa debit card, I don't know about though.
              This is me on facebook
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                Comment

                • LBBV
                  Confirmed User
                  • Aug 2002
                  • 936
                  #5
                  I've used it before for a couple of large domain sales and it's worked great. You can see updates on their site as the transaction status changes, which is nice when you want to track the status of the domain.

                  No surprises and everything always went as expected
                  National Net Hosting. Handled.
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                    Comment

                    • snatch1
                      Registered User
                      • May 2006
                      • 60
                      #6
                      How do you recieve the money? Like what method do you decide to choose?

                      Cheers

                        Comment

                        • JD
                          Too lazy to set a custom title
                          • Sep 2003
                          • 22651
                          #7
                          I recieve a check, by choice though. I believe you can do wire/direct deposit/ and check.

                            Comment

                            • KRL
                              Entrepreneur
                              • Oct 2002
                              • 31429
                              #8
                              Lots of my clients use them for major domain transactions. They do a great job.

                              Haven't had a single problem yet.

                              If you would like to develop your domains, you can lease inexpensive foreign labor
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                                • GoNe
                                  Confirmed User
                                  • Jan 2003
                                  • 2892
                                  #9
                                  Escrow.com is legit I am currently doing a large sale and have done a very large sale in the past with escrow with no problems at all.


                                  Always use escrow when you are selling something that is worth a lot of money.
                                  buying domains 1 year or more in age. Adult related only. Email me at webmaster @ crazyvids.com

                                    Comment

                                    • Matiz
                                      Confirmed User
                                      • Mar 2004
                                      • 1740
                                      #10
                                      Originally posted by snatch1
                                      How do you recieve the money? Like what method do you decide to choose?

                                      Cheers
                                      by check or wire
                                      ...

                                        Comment

                                        • snatch1
                                          Registered User
                                          • May 2006
                                          • 60
                                          #11
                                          If i do by wire, what details do they ask for like bank details? I was just checking it out and they were asking for some ATP code but i dont even have a cheque book :D

                                            Comment

                                            • thricer
                                              Confirmed User
                                              • Dec 2005
                                              • 5324
                                              #12
                                              not me... but I heard it's great
                                              None So

                                                Comment

                                                • snatch1
                                                  Registered User
                                                  • May 2006
                                                  • 60
                                                  #13
                                                  Thanks, any ideas how the wire transfer works for UK citiziens? What details are required for that?

                                                    Comment

                                                    • Screaming
                                                      I can change this!!!!!
                                                      • Feb 2004
                                                      • 18972
                                                      #14
                                                      pricey but worth it. solid stuff. great for large amounts.

                                                        Comment

                                                        • Trixxxia
                                                          Confirmed User
                                                          • Aug 2004
                                                          • 5600
                                                          #15
                                                          Originally posted by snatch1
                                                          Thanks, any ideas how the wire transfer works for UK citiziens? What details are required for that?
                                                          All banking details - contact your bank to ask for a copy of their wire details if wire is coming from US.

                                                          I've used Escrow.com and money was sitting in my account after 1 day of them updating that the payout was done.

                                                            Comment

                                                            • madawgz
                                                              8.8.8.8
                                                              • Mar 2006
                                                              • 30509
                                                              #16
                                                              i bought a domain name over escrow, worked out perfectly
                                                              TAEMDLRMSKRJIXMRLSMRJ.

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