Selling domains using escrow.com ? help

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  • pr0
    rockin tha trailerpark
    • May 2001
    • 23088

    #1

    Selling domains using escrow.com ? help

    Just had a guy in another country offer to pick up a domain for a decent price, the problem is i don't trust doing business with people in turkey

    He suggested using escrow.com, but i'd like to find out whats up before i go any further, i'm not looking to have this domain jacked.

    Anyone with any experience with escrow.com, or anyone have any experience in dealing with people from turkey?
    __________
    Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)
  • s9ann0
    Confirmed User
    • Sep 2001
    • 4873

    #2
    yea escrow.com is the good best way to go if you're not gonna do a modify contacts then wire me type thing with someone u trust

    Comment

    • pr0
      rockin tha trailerpark
      • May 2001
      • 23088

      #3
      Originally posted by spanno
      yea escrow.com is the good best way to go if you're not gonna do a modify contacts then wire me type thing with someone u trust
      so its fairly safe to sell a domain to a guy in turkey you don't know using escrow.com ?
      __________
      Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

      Comment

      • RawAlex
        So Fucking Banned
        • Oct 2003
        • 9465

        #4
        Escorw is good, but before you set up the transaction, change the inspection time to the shortest period possible (the standard is like 5 days). I have had people jerk me around for almost the full period rather than accepting the transfer when it was done.

        If you are dealing with people in "other" countries, I would suggest letting their payment sit as long as you are allowed before making the transfer, giving escrow additional time to check for fraud (or time for their CC payment to dump).

        I am 100% so far selling domains via Escrow.

        Alex

        Comment

        • KRL
          Entrepreneur
          • Oct 2002
          • 31429

          #5
          Originally posted by RawAlex
          Escorw is good, but before you set up the transaction, change the inspection time to the shortest period possible (the standard is like 5 days). I have had people jerk me around for almost the full period rather than accepting the transfer when it was done.

          If you are dealing with people in "other" countries, I would suggest letting their payment sit as long as you are allowed before making the transfer, giving escrow additional time to check for fraud (or time for their CC payment to dump).

          I am 100% so far selling domains via Escrow.

          Alex
          What he said.
          If you would like to develop your domains, you can lease inexpensive foreign labor
          from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

          *** *** *** *** *** *** *** *** *** *** *** ***
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          • LiveDose
            Show Yer Tits!
            • Feb 2002
            • 25792

            #6
            Pr0, we have sold many domains through escrow.com with no incidents. Like RawAlex said make the inspection period 1 day.

            Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

            Comment

            • Wilbo
              Confirmed User
              • Feb 2001
              • 2082

              #7
              escrow.com is good. I've sold a few domains like that with no problems.

              Comment

              • pr0
                rockin tha trailerpark
                • May 2001
                • 23088

                #8
                Interesting, i will def think about it now...i just kind of shrugged it off when i traced his yahoo ip back to turkey.

                But i guess if i let the money sit for a month in escrow i might be alright.
                __________
                Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                Comment

                • pr0
                  rockin tha trailerpark
                  • May 2001
                  • 23088

                  #9
                  Originally posted by LiveDose
                  Pr0, we have sold many domains through escrow.com with no incidents. Like RawAlex said make the inspection period 1 day.
                  awesome thanks guys
                  __________
                  Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                  Comment

                  • StatsJunky
                    Confirmed User
                    • Aug 2005
                    • 639

                    #10
                    Originally posted by RawAlex
                    Escorw is good, but before you set up the transaction, change the inspection time to the shortest period possible (the standard is like 5 days). I have had people jerk me around for almost the full period rather than accepting the transfer when it was done.

                    If you are dealing with people in "other" countries, I would suggest letting their payment sit as long as you are allowed before making the transfer, giving escrow additional time to check for fraud (or time for their CC payment to dump).

                    I am 100% so far selling domains via Escrow.

                    Alex
                    Right on the money.
                    erik AT suthnet.com

                    Comment

                    • polish_aristocrat
                      Too lazy to set a custom title
                      • Jul 2002
                      • 40377

                      #11
                      Originally posted by pr0
                      Interesting, i will def think about it now...i just kind of shrugged it off when i traced his yahoo ip back to turkey.

                      But i guess if i let the money sit for a month in escrow i might be alright.
                      wtf? a month?

                      seriously thats impossible, i guess they have a week max, and the buyer wouldnt agree to a month anyway

                      btw country isnt a problem, i bought a domain name from a person who posted in this thread for $17k if i remember right, we didnt know each other, and i was buying form a polish adress, obviously there were no problems for any of us

                      if anything, ask escrow if the guy had been already using them to buy domains in the past, if they confirm it, then he is most likely legit
                      I don't use ICQ anymore.

                      Comment

                      • pr0
                        rockin tha trailerpark
                        • May 2001
                        • 23088

                        #12
                        well he is the one that suggested escrow in all actuality....

                        i just wanted to be on top of it if it was a scam

                        & i would have no problem doing business with someone in poland....but turkeys another story, i will do my research 4 sure

                        thanx gentlemen
                        __________
                        Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                        Comment

                        • samsam
                          So Fucking Banned
                          • Jun 2002
                          • 682

                          #13
                          Escrow.com is one mainstream company that i do trust.... if you have any issues, just ask for Andee Hill - she is the best one to deal with.

                          Comment

                          • sextoyking
                            Confirmed User
                            • Dec 2001
                            • 6034

                            #14
                            Pro,

                            have bought and sold tons of domains using escrow.com, never a problem once.

                            Sold 1 domain to Turkey once, tr.net - didn't use escrow, just signed a paper, faxed, waited for wire, then transfered.

                            Good Luck

                            Todd
                            ICQ: 52344098
                            --------------------------------------
                            50% Commissions on all Product Sales. http://www.wishing.com/money

                            Comment

                            • arg
                              Confirmed User
                              • Feb 2003
                              • 1164

                              #15
                              I've bought and sold several domains through escrow.com, also no problems, and never heard of any problems. However, I do sometimes wonder about loopholes, if either seller or buyer were trying to pull a scam. For example, suppose the buyer pays escrow.com, requests a transfer, but then transfers the domain to a different identity than their own, and says to escrow.com they never got the domain. Or similarly, what if the seller authorized a transfer to another of their own identities, and lied and said the transfer was made to the buyer. Maybe it would get sorted out, but it would be a messy situation.

                              One time with a nervous seller, I asked escrow.com to send a record of a few my previous escrow.com transactions to the seller. That added to their confidence that I wasn't a flake or a scammer. Pr0, since the person buying the domain suggested escrow.com, they've probably used escrow.com in the past, so if you're still nervous, perhaps you could ask if the seller would authorize escrow.com to release info on some previous transactions?

                              Comment

                              • pr0
                                rockin tha trailerpark
                                • May 2001
                                • 23088

                                #16
                                Originally posted by arg
                                I've bought and sold several domains through escrow.com, also no problems, and never heard of any problems. However, I do sometimes wonder about loopholes, if either seller or buyer were trying to pull a scam. For example, suppose the buyer pays escrow.com, requests a transfer, but then transfers the domain to a different identity than their own, and says to escrow.com they never got the domain. Or similarly, what if the seller authorized a transfer to another of their own identities, and lied and said the transfer was made to the buyer. Maybe it would get sorted out, but it would be a messy situation.

                                One time with a nervous seller, I asked escrow.com to send a record of a few my previous escrow.com transactions to the seller. That added to their confidence that I wasn't a flake or a scammer. Pr0, since the person buying the domain suggested escrow.com, they've probably used escrow.com in the past, so if you're still nervous, perhaps you could ask if the seller would authorize escrow.com to release info on some previous transactions?
                                damn good idea
                                __________
                                Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                Comment

                                • Daruma
                                  Confirmed User
                                  • Nov 2002
                                  • 3494

                                  #17
                                  escrow.com is safe even if you dont trust them - you cannot loose your $

                                  RIP TD

                                  Comment

                                  • pr0
                                    rockin tha trailerpark
                                    • May 2001
                                    • 23088

                                    #18
                                    Ok well i went ahead with the sale, we agreed on a price.

                                    The only issue i have is that he is using a gmail acct & is from out of country.

                                    But we will see what happens.....

                                    My question is, once he sends in the funds....its saying i will need to switch the whois info to his, so he can review it?

                                    How all does that work out, so that he can't gank it to another registrar during the 1 day review period? And what can i do to protect myself?

                                    Does a live person work with the transaction, or is it all computer done? lol
                                    __________
                                    Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                    Comment

                                    • pr0
                                      rockin tha trailerpark
                                      • May 2001
                                      • 23088

                                      #19
                                      bump bump bump
                                      __________
                                      Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                      Comment

                                      • pr0
                                        rockin tha trailerpark
                                        • May 2001
                                        • 23088

                                        #20
                                        little help here guys
                                        __________
                                        Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                        Comment

                                        • sextoyking
                                          Confirmed User
                                          • Dec 2001
                                          • 6034

                                          #21
                                          Pro,

                                          Escrow.com will or does have the buyers funds, so if anything did go wierd which I doubt but you are protected.... If paid by wire - well if they play trickery with your domain you will get paid..
                                          ICQ: 52344098
                                          --------------------------------------
                                          50% Commissions on all Product Sales. http://www.wishing.com/money

                                          Comment

                                          • pr0
                                            rockin tha trailerpark
                                            • May 2001
                                            • 23088

                                            #22
                                            Originally posted by sextoyking
                                            Pro,

                                            Escrow.com will or does have the buyers funds, so if anything did go wierd which I doubt but you are protected.... If paid by wire - well if they play trickery with your domain you will get paid..
                                            i setup to recieve funds by ach, not wire....or were you talking about the buyer?
                                            __________
                                            Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                            Comment

                                            • luv$
                                              !$!$!$!$!$!$!$!$!$!$
                                              • Dec 2004
                                              • 6158

                                              #23
                                              Hey pr0, where did you place the domain for sale?
                                              Domain Auction - now till 12:01AM on the 2nd...

                                              Paper Streeeeeeeeeeeeeeeeeeeeeeeeeeeeeeet Cash


                                              The Real Workout - Innocent High - Oye Loca - Her Freshman Year - Solo Interviews - This Girl Sucks. ** HQ Fresh ORIGINAL sites.

                                              Comment

                                              • sextoyking
                                                Confirmed User
                                                • Dec 2001
                                                • 6034

                                                #24
                                                Originally posted by pr0
                                                i setup to recieve funds by ach, not wire....or were you talking about the buyer?

                                                Pro,

                                                Has the buyer sent / has escrow recieved funds for the domain sale yet?

                                                Once escrow recieves the funds - you are pretty darn safe.
                                                ICQ: 52344098
                                                --------------------------------------
                                                50% Commissions on all Product Sales. http://www.wishing.com/money

                                                Comment

                                                • pr0
                                                  rockin tha trailerpark
                                                  • May 2001
                                                  • 23088

                                                  #25
                                                  Originally posted by luv$
                                                  Hey pr0, where did you place the domain for sale?
                                                  I didn't someone contacted me for it.
                                                  __________
                                                  Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                                  Comment

                                                  • pr0
                                                    rockin tha trailerpark
                                                    • May 2001
                                                    • 23088

                                                    #26
                                                    Originally posted by sextoyking
                                                    Pro,

                                                    Has the buyer sent / has escrow recieved funds for the domain sale yet?

                                                    Once escrow recieves the funds - you are pretty darn safe.
                                                    not yet, i just signed up for the account today, & i guess he's getting the e-mail now that its setup

                                                    i'll let everyone know how it goes....if i get beat, i'm flying to turkey & buying an AK
                                                    __________
                                                    Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                                    Comment

                                                    • luv$
                                                      !$!$!$!$!$!$!$!$!$!$
                                                      • Dec 2004
                                                      • 6158

                                                      #27
                                                      Originally posted by pr0
                                                      I didn't someone contacted me for it.
                                                      Ah, thanks
                                                      Domain Auction - now till 12:01AM on the 2nd...

                                                      Paper Streeeeeeeeeeeeeeeeeeeeeeeeeeeeeeet Cash


                                                      The Real Workout - Innocent High - Oye Loca - Her Freshman Year - Solo Interviews - This Girl Sucks. ** HQ Fresh ORIGINAL sites.

                                                      Comment

                                                      • sextoyking
                                                        Confirmed User
                                                        • Dec 2001
                                                        • 6034

                                                        #28
                                                        Originally posted by pr0
                                                        not yet, i just signed up for the account today, & i guess he's getting the e-mail now that its setup

                                                        i'll let everyone know how it goes....if i get beat, i'm flying to turkey & buying an AK

                                                        you will be ok Pro

                                                        with us, 95% of the time - we never use escrow whether were buying or selling. usually fax over a contract, check the buyer or seller out, give them wire info, all is good.

                                                        When we sold tr.net to that turkish univ / company they were a bit worried but I said look, am I going to screw someone over? and not for 40k LOL

                                                        it was all good, got the wire, did the transfer - everyone was happy. but for safety - escrow is best.
                                                        ICQ: 52344098
                                                        --------------------------------------
                                                        50% Commissions on all Product Sales. http://www.wishing.com/money

                                                        Comment

                                                        • webair
                                                          Confirmed User
                                                          • Feb 2002
                                                          • 8531

                                                          #29
                                                          escrow.com is fine easy easy step by step process

                                                          used them many times


                                                          ~ Webair Dedicated Cloud Serversâ„¢ ~ WEBAIR VSYSâ„¢ Virtual Hosting Platform ~ Superior CDN Network ~
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                                                          Comment

                                                          • Matiz
                                                            Confirmed User
                                                            • Mar 2004
                                                            • 1740

                                                            #30
                                                            Originally posted by pr0
                                                            Ok well i went ahead with the sale, we agreed on a price.

                                                            The only issue i have is that he is using a gmail acct & is from out of country.

                                                            But we will see what happens.....

                                                            My question is, once he sends in the funds....its saying i will need to switch the whois info to his, so he can review it?

                                                            How all does that work out, so that he can't gank it to another registrar during the 1 day review period? And what can i do to protect myself?

                                                            Does a live person work with the transaction, or is it all computer done? lol
                                                            Just for clarification: Once Escrow.com got the money you have to transfer/push the domain to the buyer. It doesn't mean that you could only change the whois information and still have the domain in your account at your registrar. The buyer needs to get control over the domain or he will never instruct Escrow.com to release the funds to you.
                                                            ...

                                                            Comment

                                                            • ThumbLord

                                                              #31
                                                              I just sold a domain through escrow, the moment they domain is transferred and you sen proof they take an 48 hour delay for the buyer to give his info, if not ............. they will transfer funds to you, as in I sold loads of domains through afternic and escrow no problems ever

                                                              Comment

                                                              • pr0
                                                                rockin tha trailerpark
                                                                • May 2001
                                                                • 23088

                                                                #32
                                                                Originally posted by Matiz
                                                                Just for clarification: Once Escrow.com got the money you have to transfer/push the domain to the buyer. It doesn't mean that you could only change the whois information and still have the domain in your account at your registrar. The buyer needs to get control over the domain or he will never instruct Escrow.com to release the funds to you.
                                                                so what if i transfer it over & he never instructs escrow to send the funds?

                                                                i suppose i could make a case on that to get the money anyways?
                                                                __________
                                                                Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                                                Comment

                                                                • DaddyHalbucks
                                                                  A freakin' legend!
                                                                  • Feb 2004
                                                                  • 18975

                                                                  #33
                                                                  Escrow.com is OK. I have used it without problems.

                                                                  However, you will probably get better customer service from the escrow services at Moniker.com/ DomainSystems.com. They offer escrow services also.
                                                                  Boner Money

                                                                  Comment

                                                                  • TheJimmy
                                                                    ICQ- five seven 0 2 5 5 0
                                                                    • Jan 2001
                                                                    • 10747

                                                                    #34
                                                                    Originally posted by DaddyHalbucks
                                                                    Escrow.com is OK. I have used it without problems.

                                                                    However, you will probably get better customer service from the escrow services at Moniker.com/ DomainSystems.com. They offer escrow services also.
                                                                    going to check out the rates on there versus escrow, I've always heard awesome things about both of those other companies as well...


                                                                    monte monte monte... moniker's rates look very nice
                                                                    Last edited by TheJimmy; 02-24-2006, 02:33 PM.
                                                                    Investor with 5m - 15m USD to invest. Do you have a site or network of sites earning 50k - 200k a month income? Email your contact and preliminary data to: domain.cashventures (at) gmail.com....Please...no tire kickers...serious offers and inquiries only.

                                                                    Comment

                                                                    • sextoyking
                                                                      Confirmed User
                                                                      • Dec 2001
                                                                      • 6034

                                                                      #35
                                                                      Originally posted by DaddyHalbucks
                                                                      Escrow.com is OK. I have used it without problems.

                                                                      However, you will probably get better customer service from the escrow services at Moniker.com/ DomainSystems.com. They offer escrow services also.
                                                                      Your correct, Moniker runs a tight ship and has been doing some biz lately as shown on Dnjournal
                                                                      ICQ: 52344098
                                                                      --------------------------------------
                                                                      50% Commissions on all Product Sales. http://www.wishing.com/money

                                                                      Comment

                                                                      • Matiz
                                                                        Confirmed User
                                                                        • Mar 2004
                                                                        • 1740

                                                                        #36
                                                                        Originally posted by pr0
                                                                        so what if i transfer it over & he never instructs escrow to send the funds?

                                                                        i suppose i could make a case on that to get the money anyways?
                                                                        That's why there is an inspection period (and that's why you should make the inspection period not to long). If the buyer does nothing, Escrow.com will release the funds after the inspection period.

                                                                        Personally, I had never any problems with Escrow.com and I think it's pretty safe, but in my opinion Moniker offers the best protection for buyers and sellers.
                                                                        ...

                                                                        Comment

                                                                        • pr0
                                                                          rockin tha trailerpark
                                                                          • May 2001
                                                                          • 23088

                                                                          #37
                                                                          Originally posted by Matiz
                                                                          That's why there is an inspection period (and that's why you should make the inspection period not to long). If the buyer does nothing, Escrow.com will release the funds after the inspection period.

                                                                          Personally, I had never any problems with Escrow.com and I think it's pretty safe, but in my opinion Moniker offers the best protection for buyers and sellers.
                                                                          I set it to one day as people indicated in this thread.
                                                                          __________
                                                                          Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                                                                          Comment

                                                                          • Moniker Man
                                                                            Confirmed User
                                                                            • Feb 2004
                                                                            • 102

                                                                            #38
                                                                            pr0 - we have been doing domain escrow transactions since the late 90's...we were the first company to create a domain escrow transaction. we are also the only ones that put both the domain and the funds into escrow and complete the transaction as an escrow agent with customized legal agreements or payment plans, etc.

                                                                            Let me know if I can help you or anyone else with this.
                                                                            Monte Cahn
                                                                            Founder / CEO
                                                                            [email protected], ICQ: 292961812

                                                                            Comment

                                                                            • pr0
                                                                              rockin tha trailerpark
                                                                              • May 2001
                                                                              • 23088

                                                                              #39
                                                                              Originally posted by Moniker Man
                                                                              pr0 - we have been doing domain escrow transactions since the late 90's...we were the first company to create a domain escrow transaction. we are also the only ones that put both the domain and the funds into escrow and complete the transaction as an escrow agent with customized legal agreements or payment plans, etc.

                                                                              Let me know if I can help you or anyone else with this.
                                                                              excellent i will keep that in mind next time i sell a domain
                                                                              __________
                                                                              Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

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