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Old 07-22-2009, 11:43 AM  
Jack Sparrow
Almost goners..
 
Industry Role:
Join Date: May 2008
Location: Netherlands
Posts: 11,420
Escrow: Help me out a bit with it please.

Time has come to sell one of my sites (not the one in my signature, thanks) and because both the buyer and me want to be on the safe side when transferring this kind of money (and vice versa the domain and site to him) i suggested to use escrow.

BUT!

I never used escrow before, so how safe is this.

I registered, etc etc. But now what, why is this much safer, the big issue will be the transfer of the domain i guess. I want to make sure i get payment after it has been released to him. Ive been reading for it on escrow, but my lack of english leaves me confused.

How does this work? How do i make sure payment is really send before escrow gives him the domain? And what is that inspection period? I mean, if he has the domain, he can inspect it and then what?! How does escrow do this?

Thanks for your quick advice!
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