Sold Domain - Escrow question - GoFuckYourself.com

MyCamProfile · 02-10-2011, 08:16 AM

Well I just sold my domain for $4200 through Godaddy. Then it sent me through some escrow bullshit. She's made the payment and they are waiting for it to clear.

How long does it generally take for the money to come to your bank account after a sale?

It's a personal friend that is buying it.. She doesn't even want the domain actually.. but she lives in India and it seems the only way we figured out that she could send me money because of all the restrictions (No WU, paypal, moneygram, etc.).

Anyone here from India?

Because she will have to apparently wire the money too Escrow. I am not sure if they will allow her to do that because of their restrictions? Anyone got info on that?

Thanks

Naughtyname · 02-10-2011, 08:41 AM

I am not 100% sure but I think godaddy pay all money on set dates! So regardless of when the domain was sold you will not get the payment until the time they process all their outgoing payments.

I may be wrong but I think I read this somewhere before on some domaining forum, can't remember which one though.

u-Bob · 02-10-2011, 08:44 AM

and she couldn't WIRE it directly to your account?

closer · 02-10-2011, 08:56 AM

it takes up to 4 weeks before you get your cash with godaddy domainsales

02-10-2011, 09:12 AM

I think GoDaddy takes a % also, that's going to be one expensive money transfer.
Why didn't you sell it direct to her through escrow dot com.

~Ray · 02-10-2011, 09:12 AM

newbies and their "grey area" questions trying to outwit the system.

I love gfy

Domain Diva · 02-10-2011, 09:19 AM

Godaddy takes a commission of up to 30 percent on domain sales (ususally the seller sets the commission, if they dont 30 is default) and it can take a while for the payment , they will send you a check it can be up to 90 days later.

Hope that helps.

Naughtyname · 02-10-2011, 10:17 AM

Quote:

Originally Posted by Domain Diva

Godaddy takes a commission of up to 30 percent on domain sales (ususally the seller sets the commission, if they dont 30 is default) and it can take a while for the payment , they will send you a check it can be up to 90 days later.

Hope that helps.

much worse than what I was expecting. Sorry to hear that MyCamProfile, I take it's too late to back out?

bloggerz · 02-10-2011, 11:34 AM

lol funny post OP .... dont know what to say? good luck?

BlackCrayon · 02-10-2011, 11:59 AM

Quote:

Originally Posted by closer

it takes up to 4 weeks before you get your cash with godaddy domainsales

when its over 2000 dollars godaddy uses escrow.com and you can get paid as soon as the transaction is closed.

Domain Diva · 02-10-2011, 01:19 PM

Quote:

Originally Posted by BlackCrayon

when its over 2000 dollars godaddy uses escrow.com and you can get paid as soon as the transaction is closed.

When escrow is used do Godaddy still pay you by check ? the reason I ask is they told me all transactions are paid out via check and godaddy checks can take quite a while to arrive in my experience.

fatfoo · 02-10-2011, 01:20 PM

$4200 is a great price. Congratulations.

DateDoc · 02-10-2011, 01:27 PM

Quote:

Originally Posted by Domain Diva

Godaddy takes a commission of up to 30 percent on domain sales (ususally the seller sets the commission, if they dont 30 is default) and it can take a while for the payment , they will send you a check it can be up to 90 days later.

Hope that helps.

GoDaddy does not take 30%! The GoDaddy Auction Fees are 5% (if sales price is under $1000) and 7% (sales price of $1000+).

czarina · 02-10-2011, 01:28 PM

she should've wired it to your bank directly

BlackCrayon · 02-10-2011, 01:32 PM

Quote:

Originally Posted by Domain Diva

When escrow is used do Godaddy still pay you by check ? the reason I ask is they told me all transactions are paid out via check and godaddy checks can take quite a while to arrive in my experience.

when godaddy uses escrow.com, its escrow.com who will pay you. they can pay via check or bank wire. but its not true that godaddy will only pay by check. i get paid to my paypal.

lazycash · 02-10-2011, 01:35 PM

Why would you pay godaddy a %, I'm sure she is able to do a wire from an Indian bank to yours.

harvey · 02-10-2011, 01:43 PM

this thread has teh lulz all written over it.

someone that lives in India (a country that LIVES OFF ONLINE BUSINESS AND OUTSOURCING and where Moneygram and WU not only are accepted, but are the MAIN WAY OF PAYMENT) will pay $4200 for a domain she doesn't want, the seller decides to sell it via Godaddy because she's a friend (???) and he didn't even read Godaddy's TOS and/or FAQ, so he doesn't know fees, times... absolutely anything!

Then someone who sells domains tells some ridiculous story about 30% fees when even the most retarded person can go to https://auctions.godaddy.com/trpPricing.aspx?ci=12719 and see it's between 5 and 7%

why can't I ever find this kind of people when I make business?

note: I've a bridge for sale, mint condition, selling cheap. And yes, I can take moneygram and WU!

Markul · 02-10-2011, 01:45 PM

I've sold domains through escrow. Never had a problem, but it usually takes a few days for everything to get cleared.

But really... it's explained pretty clear on their website and you can follow the process step for step.

And if you do it via GoDaddy, they pay via escrow and not to you directly - at least that's how the escrow system is setup.

Domain Diva · 02-10-2011, 02:20 PM

Quote:

Originally Posted by harvey

t Then someone who sells domains tells some ridiculous story about 30% fees when even the most retarded person can go to https://auctions.godaddy.com/trpPricing.aspx?ci=12719 and see it's between 5 and 7%

why can't I ever find this kind of people when I make business?

note: I've a bridge for sale, mint condition, selling cheap. And yes, I can take moneygram and WU!

Look at my post ! did I mention AUCTION ?????? I didnt see the OP mention AUCTION you idiot....learn to read and not assume !

I was referring to when they do a private sale for you via Premium Listings etc...

Godaddy Terms :

1.Premium Listings for non-trademarked names only. Trademarked names and trademark misspellings will not be accepted.

2.Upper limit is $99,999

3. GoDaddy.com mails the proceeds** of Premium Listing sales in the form of a check, within 45 days after the end of the month in which the domain is sold.

4. ** Minus a commission fee of 30% of the sales price

This is why I always recommend people use a broker for buying/selling domains it seems a lot of people think they are instant experts on the subject.

SomeCreep · 02-10-2011, 02:34 PM

Quote:

Originally Posted by MyCamProfile

Well I just sold my domain for $4200 through Godaddy. Then it sent me through some escrow bullshit. She's made the payment and they are waiting for it to clear.

How long does it generally take for the money to come to your bank account after a sale?

It's a personal friend that is buying it.. She doesn't even want the domain actually.. but she lives in India and it seems the only way we figured out that she could send me money because of all the restrictions (No WU, paypal, moneygram, etc.).

Anyone here from India?

Because she will have to apparently wire the money too Escrow. I am not sure if they will allow her to do that because of their restrictions? Anyone got info on that?

Thanks

what was the domain?

Brujah · 02-10-2011, 02:39 PM

I will handle this for you. Tell her to get $4200 in cash and meet me at the airport. I will fly there and pick it up.

{Psycho} · 02-10-2011, 05:41 PM

Ask her to directly wire it to ur a/c and then u can do the transfer

DaddyHalbucks · 02-10-2011, 07:28 PM

Be careful. If you are going through the motions of a sale just to send money, it could be construed as money laundering.

Be careful, very very careful.

http://en.wikipedia.org/wiki/Money_laundering

MyCamProfile · 02-11-2011, 08:08 AM

Actually people in India cannot SEND Western Union they can only RECEIVE for the person that posted that idiotic comment, unless we are family members and we are not. I cannot receive a wire because I just have a netspend account and they do not accept bank wires.

We done it through Escrow, not godaddy. I did actually read up on the fee's after I posted this and done it that way.

02-10-2011, 08:16 AM	#1
MyCamProfile Confirmed User Industry Role: Join Date: Jan 2011 Posts: 354	Sold Domain - Escrow question Well I just sold my domain for $4200 through Godaddy. Then it sent me through some escrow bullshit. She's made the payment and they are waiting for it to clear. How long does it generally take for the money to come to your bank account after a sale? It's a personal friend that is buying it.. She doesn't even want the domain actually.. but she lives in India and it seems the only way we figured out that she could send me money because of all the restrictions (No WU, paypal, moneygram, etc.). Anyone here from India? Because she will have to apparently wire the money too Escrow. I am not sure if they will allow her to do that because of their restrictions? Anyone got info on that? Thanks __________________

02-10-2011, 08:41 AM	#2
Naughtyname Confirmed User Industry Role: Join Date: Nov 2010 Posts: 1,878	I am not 100% sure but I think godaddy pay all money on set dates! So regardless of when the domain was sold you will not get the payment until the time they process all their outgoing payments. I may be wrong but I think I read this somewhere before on some domaining forum, can't remember which one though. __________________ Email: [email protected]

02-10-2011, 08:56 AM	#4
closer Confirmed User Industry Role: Join Date: Sep 2005 Location: ICQ :: 34739932 :: Les Pays-Bas Posts: 1,707	it takes up to 4 weeks before you get your cash with godaddy domainsales __________________ HOT DOMAIN NAMES FOR SALE: EUROPEAN: MACHO.FR ⌘ KINKY.ES ⌘ SEXTOONS.CO.UK ⌘ DOT COMS: DJSEX.COM ⌘ FAQBOX.COM ⌘ WEBCAMSTV.COM ⌘ SEXTWEET.COM ⌘ PORNVOUCHER.COM ⌘ GAYBF.COM \| GAYBFF.COM ⌘ GAYSEXDATE.COM \| GAYSEXDATING.COM

02-10-2011, 09:12 AM	#6
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	newbies and their "grey area" questions trying to outwit the system. I love gfy __________________ Adult Backlinks for Adult Websites - Testimonials Available

02-10-2011, 09:19 AM	#7
Domain Diva Too lazy to set a custom title Industry Role: Join Date: Oct 2007 Location: UK/USA/Canada ICQ : 494318698 Email:[email protected] Posts: 10,180	Godaddy takes a commission of up to 30 percent on domain sales (ususally the seller sets the commission, if they dont 30 is default) and it can take a while for the payment , they will send you a check it can be up to 90 days later. Hope that helps. __________________ Cams-Tube-Dating Domains Available At Trade Prices ! Domains For Sale ICQ:494318698

02-10-2011, 08:44 AM	#3
u-Bob there's no $$$ in porn Industry Role: Join Date: Jul 2005 Location: icq: 195./568.-230 (btw: not getting offline msgs) Posts: 33,063	and she couldn't WIRE it directly to your account?

02-10-2011, 09:12 AM	#5
Bold Venture Guest Posts: n/a	I think GoDaddy takes a % also, that's going to be one expensive money transfer. Why didn't you sell it direct to her through escrow dot com.

02-10-2011, 11:34 AM	#9
bloggerz Too lazy to set a custom title Industry Role: Join Date: Dec 2006 Posts: 16,256	lol funny post OP .... dont know what to say? good luck? __________________ I SELL ADULT BACKLINKS! Email: eroticweb>gmail SKYPE: gfybloggerz $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

02-10-2011, 01:20 PM	#12
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	$4200 is a great price. Congratulations. __________________ Send me an email: [email protected]

02-10-2011, 01:28 PM	#14
czarina Webmaster Extraordinaire Industry Role: Join Date: Jul 2002 Location: A beautiful beach... Posts: 10,748	she should've wired it to your bank directly

02-10-2011, 01:35 PM	#16
lazycash Troll Patrol Industry Role: Join Date: Aug 2002 Location: Local Socal Posts: 15,214	Why would you pay godaddy a %, I'm sure she is able to do a wire from an Indian bank to yours. __________________ "WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams.. Its crazy..." VenusBlogger

02-10-2011, 01:43 PM	#17
harvey Confirmed User Industry Role: Join Date: Jul 2001 Location: 127.0.0.1 Posts: 9,266	this thread has teh lulz all written over it. someone that lives in India (a country that LIVES OFF ONLINE BUSINESS AND OUTSOURCING and where Moneygram and WU not only are accepted, but are the MAIN WAY OF PAYMENT) will pay $4200 for a domain she doesn't want, the seller decides to sell it via Godaddy because she's a friend (???) and he didn't even read Godaddy's TOS and/or FAQ, so he doesn't know fees, times... absolutely anything! Then someone who sells domains tells some ridiculous story about 30% fees when even the most retarded person can go to https://auctions.godaddy.com/trpPricing.aspx?ci=12719 and see it's between 5 and 7% why can't I ever find this kind of people when I make business? note: I've a bridge for sale, mint condition, selling cheap. And yes, I can take moneygram and WU! __________________ This post is endorsed by CIA, KGB, MI6, the Mafia, Illuminati, Kim Jong Il, Worldwide Ninjas Association, Klingon Empire and lolcats. Don't mess around with it, just accept it and embrace the truth

02-10-2011, 01:45 PM	#18
Markul Likes Pie Industry Role: Join Date: Dec 2007 Location: The land that liberated porn Posts: 12,401	I've sold domains through escrow. Never had a problem, but it usually takes a few days for everything to get cleared. But really... it's explained pretty clear on their website and you can follow the process step for step. And if you do it via GoDaddy, they pay via escrow and not to you directly - at least that's how the escrow system is setup.

02-10-2011, 02:39 PM	#21
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	I will handle this for you. Tell her to get $4200 in cash and meet me at the airport. I will fly there and pick it up. __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

02-10-2011, 05:41 PM	#22
{Psycho} Confirmed User Industry Role: Join Date: Oct 2010 Location: Money Posts: 612	Ask her to directly wire it to ur a/c and then u can do the transfer __________________ Quality Offshore VPS & Dedicated Servers Earn 65$ per Signups

02-10-2011, 07:28 PM	#23
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	Be careful. If you are going through the motions of a sale just to send money, it could be construed as money laundering. Be careful, very very careful. http://en.wikipedia.org/wiki/Money_laundering __________________ Boner Money

02-11-2011, 08:08 AM	#24
MyCamProfile Confirmed User Industry Role: Join Date: Jan 2011 Posts: 354	Actually people in India cannot SEND Western Union they can only RECEIVE for the person that posted that idiotic comment, unless we are family members and we are not. I cannot receive a wire because I just have a netspend account and they do not accept bank wires. We done it through Escrow, not godaddy. I did actually read up on the fee's after I posted this and done it that way. __________________