Buying domain for USD 280,000 ... - GoFuckYourself.com

Terenzo · 02-22-2005, 03:40 AM

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.

chaze · 02-22-2005, 03:42 AM

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.

ssp · 02-22-2005, 03:42 AM

What name?

MGPspots · 02-22-2005, 03:44 AM

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.

emthree · 02-22-2005, 03:57 AM

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

KRL · 02-22-2005, 03:58 AM

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

[email protected]

quiet · 02-22-2005, 03:59 AM

use an escrow service. don't trust any of the idiots here.

polish_aristocrat · 02-22-2005, 04:07 AM

Quote:

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]

Quote:

Originally Posted by quiet

use an escrow service. don't trust any of the idiots here.

XPays · 02-22-2005, 04:09 AM

Quote:

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

Ron Bennett · 02-22-2005, 04:10 AM

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

XPays · 02-22-2005, 04:15 AM

Quote:

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--

Theo · 02-22-2005, 04:22 AM

Quote:

Originally Posted by polish_aristocrat

sacX · 02-22-2005, 04:27 AM

reiterate Escrow.com

Ron Bennett · 02-22-2005, 04:32 AM

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

samsam · 02-22-2005, 04:56 AM

Escrow.com

All the way.

Dirty F · 02-22-2005, 04:59 AM

Quote:

Originally Posted by polish_aristocrat

Ahahaha nice catch!

adonthenet · 02-22-2005, 05:47 AM

use escrow.com

DomBuyer · 02-22-2005, 05:55 AM

And again:

Escrow.com

DomBuyer · 02-22-2005, 05:55 AM

Quote:

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.

emthree · 02-22-2005, 06:03 AM

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

Nicky · 02-22-2005, 06:09 AM

Quote:

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]

KRL · 02-22-2005, 06:30 AM

Quote:

Originally Posted by DomBuyer

Now that is very funny.

Funny how?

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

Terenzo · 02-22-2005, 07:25 AM

thanx to everyone.

brand0n · 02-22-2005, 07:38 AM

what they said

escrow.com they have worked like a charm for me on everything we have done with them.

DomBuyer · 02-22-2005, 09:01 AM

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.

Terenzo · 03-23-2005, 03:05 AM

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.

02-22-2005, 03:40 AM	#1
Terenzo Confirmed User Join Date: Jan 2002 Posts: 971	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.

02-22-2005, 03:44 AM	#4
MGPspots Confirmed User Join Date: Jan 2005 Posts: 422	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.

02-22-2005, 03:57 AM	#5
emthree Dialer Kingpin Join Date: Jun 2003 Location: New York Posts: 10,816	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 •

02-22-2005, 03:58 AM	#6
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	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 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

02-22-2005, 03:59 AM	#7
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	use an escrow service. don't trust any of the idiots here. __________________ we'll miss you our friend. RIP

02-22-2005, 03:42 AM	#2
chaze Confirmed User Industry Role: Join Date: Aug 2002 Posts: 9,752	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.

02-22-2005, 03:42 AM	#3
ssp Confirmed User Join Date: Jan 2005 Location: United Kingdom Posts: 7,990	What name?

02-22-2005, 04:10 AM	#10
Ron Bennett Confirmed User Join Date: Oct 2003 Posts: 1,653	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

02-22-2005, 04:27 AM	#13
sacX Confirmed User Join Date: Dec 2002 Location: New Zealand Posts: 2,998	reiterate Escrow.com __________________ Have Asian Language Traffic?

02-22-2005, 04:32 AM	#14
Ron Bennett Confirmed User Join Date: Oct 2003 Posts: 1,653	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

02-22-2005, 04:56 AM	#15
samsam So Fucking Banned Join Date: Jun 2002 Location: Fla Posts: 682	Escrow.com All the way.

02-22-2005, 05:47 AM	#17
adonthenet Too lazy to set a custom title Join Date: Feb 2005 Posts: 16,753	use escrow.com

02-22-2005, 05:55 AM	#18
DomBuyer Confirmed User Join Date: Sep 2002 Location: Amalfi Coast Posts: 2,595	And again: Escrow.com

02-22-2005, 06:03 AM	#20
emthree Dialer Kingpin Join Date: Jun 2003 Location: New York Posts: 10,816	k I'm running on half hour of sleep, what's the big joke? __________________ • Sell Patches & Pills •

02-22-2005, 07:25 AM	#23
Terenzo Confirmed User Join Date: Jan 2002 Posts: 971	thanx to everyone.

02-22-2005, 07:38 AM	#24
brand0n been very busy Join Date: Nov 2002 Location: the queen city Posts: 26,983	what they said escrow.com they have worked like a charm for me on everything we have done with them.

02-22-2005, 09:01 AM	#25
DomBuyer Confirmed User Join Date: Sep 2002 Location: Amalfi Coast Posts: 2,595	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.

03-23-2005, 03:05 AM	#26
Terenzo Confirmed User Join Date: Jan 2002 Posts: 971	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.