Buying domain for USD 280,000 ...

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  • Terenzo
    Confirmed User
    • Jan 2002
    • 971

    #1

    Buying domain for USD 280,000 ...

    I know some people here have experience with buying or selling expensive domain names. I have purchased/sold many names, but in an area of 100-10,000 dollars. Which is the best way to do it? I mean, I do not want to send this guy the money and then he keeps the name,... and he probably will not transfer the name without money. I am in Europe and he is in North America. Is there something like locked bank accounts or something that the experienced domain merchants operate with?

    thanx.
    Signature Spot - USD 5000 / month
  • chaze
    Confirmed User
    • Aug 2002
    • 9774

    #2
    sedo.com is great I have got three $1000 plus domains and all went well. I have a heard of $100,000 plus roll through there as well.
    Like the desert needs the rain
    We do fully manged WordPress, VPS, and Servers. Adult Host Pro https://adulthostpro.com/ Since 2001

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    • ssp
      Confirmed User
      • Jan 2005
      • 7990

      #3
      What name?

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      • MGPspots
        Confirmed User
        • Jan 2005
        • 422

        #4
        I've done about $250k in total through Escrow.com and never had a problem. They are pretty experienced in dealing with big domain transfers.
        SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

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        • emthree
          Dialer Kingpin
          • Jun 2003
          • 10816

          #5
          escrow.com or other escrow services
          Just be careful, there are a few fakes out there.

          note: doesnt hurt to have a few legal docs either

          • Sell Patches & Pills •

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          • KRL
            Entrepreneur
            • Oct 2002
            • 31429

            #6
            I can handle the transaction for you at my law firm. Same guys that handled the transfer of Men.com.

            [email protected]
            If you would like to develop your domains, you can lease inexpensive foreign labor
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            • quiet
              we'll miss you our friend. RIP
              • Sep 2001
              • 25115

              #7
              use an escrow service. don't trust any of the idiots here.
              we'll miss you our friend. RIP

              Comment

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

                #8
                Originally posted by KRL
                I can handle the transaction for you at my law firm. Same guys that handled the transfer of Men.com.

                [email protected]

                Originally posted by quiet
                use an escrow service. don't trust any of the idiots here.

                I don't use ICQ anymore.

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                • XPays
                  Team Player
                  • May 2004
                  • 13002

                  #9
                  Originally posted by KRL
                  I can handle the transaction for you at my law firm. Same guys that handled the transfer of Men.com.

                  [email protected]
                  priceless
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                  • Ron Bennett
                    Confirmed User
                    • Oct 2003
                    • 1653

                    #10
                    https://www.escrow.com/

                    Don't sweat the amount - it's no biggie for them - I've personally done numerous deals via escrow.com from hundreds to 6-figures with zero problems.

                    1. Ask the seller to establish a free account at escrow.com; you'll need their account name for opening the escrow.

                    2. Agree on terms - obviously you've done most of that already, but you'll need to determine who pays the escrow fee - you, seller, or split before-hand.

                    3. Open the transaction at escrow.com and follow the simple instructions.

                    As with any deal, make sure you have researched the seller, at least to some extent - hopefully you have/will talk *voice* on a real phone (*not* instant messager, netphone etc), research the domain (check archive.org, check past history, TM issues, etc), etc.

                    KRL's offer of help is definitely worth considering, since a law firm can often also perform a similar function - may be more cost effective ... compare and see what works best for your needs *and* that of the seller - escrow.com is well known, trusted, and fast - the seller could have their money Thursday, if the escrow is started and domain transferred today.

                    Ron
                    Domagon - Website Management and Domain Name Sales

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                    • XPays
                      Team Player
                      • May 2004
                      • 13002

                      #11
                      Originally posted by Ron Bennett
                      https://www.escrow.com/

                      Don't sweat the amount - it's no biggie for them - I've personally done numerous deals via escrow.com from hundreds to 6-figures with zero problems.

                      1. Ask the seller to establish a free account at escrow.com; you'll need their account name for opening the escrow.

                      2. Agree on terms - obviously you've done most of that already, but you'll need to determine who pays the escrow fee - you, seller, or split before-hand.

                      3. Open the transaction at escrow.com and follow the simple instructions.

                      As with any deal, make sure you have researched the seller, at least to some extent - hopefully you have/will talk *voice* on a real phone (*not* instant messager, netphone etc), research the domain (check archive.org, check past history, TM issues, etc), etc.

                      KRL's offer of help is definitely worth considering, since a law firm can often also perform a similar function - may be more cost effective ... compare and see what works best for your needs *and* that of the seller - escrow.com is well known, trusted, and fast - the seller could have their money Thursday, if the escrow is started and domain transferred today.

                      Ron
                      sending to krl's law firm would be funny.

                      who do you recommend for appraisal's? we have spend.com on sedo and have a buyer and need an independent appraisal fyi--
                      InterNext Expo Domain Auction Live Now thru Feb 5
                      HuntingMoon GFY Domains Marketplace is LIVE
                      XPays always pays! Top Site: * RealJasmine.com * + HotelHeiress® with The Paris Hilton Sex Video
                      Insert the HotelHeiress® HD FEED into your members areas
                      XPin.com Opening for Pin Partners Soonish
                      Mainstream Offers For Emailers and DomainersNONADULT.COM


                      Like Us!

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                      • Theo
                        HAL 9000
                        • May 2001
                        • 34515

                        #12
                        Originally posted by polish_aristocrat


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                        • sacX
                          Confirmed User
                          • Dec 2002
                          • 2998

                          #13
                          reiterate Escrow.com
                          Have Asian Language Traffic?

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                          • Ron Bennett
                            Confirmed User
                            • Oct 2003
                            • 1653

                            #14
                            A domain is worth what the highest bidder so to speak is willing to pay for it.

                            Domain appraisals for are generally a waste unless there's an underlying business associated with the domain; appraising only a domain is basically a shot in the dark.

                            In regards to value of spend.com - doesn't appear to have ever been developed, it's not clear what it could be used for, and type-ins appears to be very minimal.

                            With that said, it comes back to what I started my reply with ... look at the offers you've received to date and then work the pricing from that ... feel free to contact me via email (see my sig) with more details about the domain, etc if you'd like.

                            Ron
                            Domagon - Website Management and Domain Name Sales

                            Comment

                            • samsam
                              So Fucking Banned
                              • Jun 2002
                              • 682

                              #15
                              Escrow.com

                              All the way.

                              Comment

                              • Dirty F
                                Too lazy to set a custom title
                                • Jul 2001
                                • 59204

                                #16
                                Originally posted by polish_aristocrat
                                Ahahaha nice catch!

                                Comment

                                • adonthenet
                                  Too lazy to set a custom title
                                  • Feb 2005
                                  • 16753

                                  #17
                                  use escrow.com

                                  Comment

                                  • DomBuyer
                                    Confirmed User
                                    • Sep 2002
                                    • 2595

                                    #18
                                    And again:

                                    Escrow.com

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                                    • DomBuyer
                                      Confirmed User
                                      • Sep 2002
                                      • 2595

                                      #19
                                      Originally posted by KRL
                                      I can handle the transaction for you at my law firm. Same guys that handled the transfer of Men.com.

                                      [email protected]
                                      Now that is very funny.

                                      Comment

                                      • emthree
                                        Dialer Kingpin
                                        • Jun 2003
                                        • 10816

                                        #20
                                        k I'm running on half hour of sleep, what's the big joke?

                                        • Sell Patches & Pills •

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                                        • Nicky
                                          Too lazy to set a custom title
                                          • Mar 2003
                                          • 30071

                                          #21
                                          Originally posted by KRL
                                          I can handle the transaction for you at my law firm. Same guys that handled the transfer of Men.com.

                                          [email protected]

                                          gfynicky @ gmail.com

                                          Comment

                                          • KRL
                                            Entrepreneur
                                            • Oct 2002
                                            • 31429

                                            #22
                                            Originally posted by DomBuyer
                                            Now that is very funny.
                                            Funny how?

                                            http://henancius.martin-scorsese.net...as/fullfun.wav

                                            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!

                                            *** *** *** *** *** *** *** *** *** *** *** ***
                                            Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

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                                            • Terenzo
                                              Confirmed User
                                              • Jan 2002
                                              • 971

                                              #23
                                              thanx to everyone.
                                              Signature Spot - USD 5000 / month

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                                              • brand0n
                                                been very busy
                                                • Nov 2002
                                                • 26983

                                                #24
                                                what they said

                                                escrow.com they have worked like a charm for me on everything we have done with them.
                                                want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.

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                                                • DomBuyer
                                                  Confirmed User
                                                  • Sep 2002
                                                  • 2595

                                                  #25
                                                  One point here: Dana Wathen, who was the VP of escrow.com, resigned last Friday. She handled all my transactions--more than $1.5 million worth without a single problem. A real shame. She was fantastic.

                                                  My suggestion to you is to email or call Mickie Dances, who is now filling Dana's shoes for the moment.

                                                  If you need the contact, send me a note.

                                                  Comment

                                                  • Terenzo
                                                    Confirmed User
                                                    • Jan 2002
                                                    • 971

                                                    #26
                                                    this thread just came back to my mind:

                                                    I have used escrow.com and it worked without any problem. Thanks again to everyone who spent his/her precious time replying to this thread.
                                                    Signature Spot - USD 5000 / month

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