Has anyone used escrow.com for transactions? - GoFuckYourself.com

snatch1 · 05-19-2006, 07:34 AM

Hey all,

I was just wondering has anyone here used Escrow for large transactions over say $10k. I am about to use it for the first time for a massive transaction and are to recieve the money but how does it all work?

Also how do i get the money, i have a Visa debit card as im based in the UK would the money go straight into that account. Also is there options of a bank transfer wire or something?

Thanks

$5 submissions · 05-19-2006, 07:42 AM

Bump. I need to know as well. I'm thinking of using it for a fairly expensive (for me at least) domain purchase.

BT · 05-19-2006, 07:45 AM

It works great because the money stays in escrow until both parties are happy

StuartD · 05-19-2006, 07:49 AM

yeah, the buyer pays escrow, and escrow sits on that money until all terms of the transaction are satisified by both parties and then escrow pays the seller. It has worked well for me... really streamlines the process and leaves less room for errors/problems.

As for how you get paid by escrow, there are quite a few options... paying directly into a visa debit card, I don't know about though.

LBBV · 05-19-2006, 07:50 AM

I've used it before for a couple of large domain sales and it's worked great. You can see updates on their site as the transaction status changes, which is nice when you want to track the status of the domain.

No surprises and everything always went as expected

snatch1 · 05-19-2006, 08:26 AM

How do you recieve the money? Like what method do you decide to choose?

Cheers

JD · 05-19-2006, 08:27 AM

I recieve a check, by choice though. I believe you can do wire/direct deposit/ and check.

KRL · 05-19-2006, 08:28 AM

Lots of my clients use them for major domain transactions. They do a great job.

Haven't had a single problem yet.

GoNe · 05-19-2006, 08:30 AM

Escrow.com is legit I am currently doing a large sale and have done a very large sale in the past with escrow with no problems at all.

Always use escrow when you are selling something that is worth a lot of money.

Matiz · 05-19-2006, 08:32 AM

Quote:

Originally Posted by snatch1

How do you recieve the money? Like what method do you decide to choose?

Cheers

by check or wire

snatch1 · 05-19-2006, 09:15 AM

If i do by wire, what details do they ask for like bank details? I was just checking it out and they were asking for some ATP code but i dont even have a cheque book :D

thricer · 05-19-2006, 09:18 AM

not me... but I heard it's great

snatch1 · 05-19-2006, 09:31 AM

Thanks, any ideas how the wire transfer works for UK citiziens? What details are required for that?

Screaming · 05-19-2006, 10:09 AM

pricey but worth it. solid stuff. great for large amounts.

Trixxxia · 05-19-2006, 10:15 AM

Quote:

Originally Posted by snatch1

Thanks, any ideas how the wire transfer works for UK citiziens? What details are required for that?

All banking details - contact your bank to ask for a copy of their wire details if wire is coming from US.

I've used Escrow.com and money was sitting in my account after 1 day of them updating that the payout was done.

madawgz · 05-19-2006, 11:01 AM

i bought a domain name over escrow, worked out perfectly

05-19-2006, 07:34 AM	#1
snatch1 Registered User Join Date: May 2006 Posts: 60	Has anyone used escrow.com for transactions? Hey all, I was just wondering has anyone here used Escrow for large transactions over say $10k. I am about to use it for the first time for a massive transaction and are to recieve the money but how does it all work? Also how do i get the money, i have a Visa debit card as im based in the UK would the money go straight into that account. Also is there options of a bank transfer wire or something? Thanks

05-19-2006, 07:42 AM	#2
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Bump. I need to know as well. I'm thinking of using it for a fairly expensive (for me at least) domain purchase. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

05-19-2006, 07:45 AM	#3
BT Confirmed User Join Date: Apr 2002 Location: Ft liquordale FL Posts: 6,481	It works great because the money stays in escrow until both parties are happy __________________ IS Prime Hosting Bald Head Shine "BT" The American Dream, baby! " THE HOST WITH THE MOST!" My ICQ 122994792

05-19-2006, 07:49 AM	#4
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	yeah, the buyer pays escrow, and escrow sits on that money until all terms of the transaction are satisified by both parties and then escrow pays the seller. It has worked well for me... really streamlines the process and leaves less room for errors/problems. As for how you get paid by escrow, there are quite a few options... paying directly into a visa debit card, I don't know about though. __________________ This is me on facebook This is me on twitter

05-19-2006, 07:50 AM	#5
LBBV Confirmed User Join Date: Aug 2002 Location: Atlanta Posts: 936	I've used it before for a couple of large domain sales and it's worked great. You can see updates on their site as the transaction status changes, which is nice when you want to track the status of the domain. No surprises and everything always went as expected __________________ National Net Hosting. Handled. See our new line of inexpensive Dedicated Servers \| Cabinets starting at $795 \| CDN [email protected] \| 888-4-NATNET \| www.nationalnet.com

05-19-2006, 08:26 AM	#6
snatch1 Registered User Join Date: May 2006 Posts: 60	How do you recieve the money? Like what method do you decide to choose? Cheers

05-19-2006, 08:27 AM	#7
JD Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Posts: 22,651	I recieve a check, by choice though. I believe you can do wire/direct deposit/ and check.

05-19-2006, 08:28 AM	#8
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Lots of my clients use them for major domain transactions. They do a great job. Haven't had a single problem yet. __________________ 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

05-19-2006, 08:30 AM	#9
GoNe Confirmed User Join Date: Jan 2003 Location: unknown Posts: 2,892	Escrow.com is legit I am currently doing a large sale and have done a very large sale in the past with escrow with no problems at all. Always use escrow when you are selling something that is worth a lot of money. __________________ buying domains 1 year or more in age. Adult related only. Email me at webmaster @ crazyvids.com

05-19-2006, 09:15 AM	#11
snatch1 Registered User Join Date: May 2006 Posts: 60	If i do by wire, what details do they ask for like bank details? I was just checking it out and they were asking for some ATP code but i dont even have a cheque book :D

05-19-2006, 09:18 AM	#12
thricer Confirmed User Join Date: Dec 2005 Posts: 5,324	not me... but I heard it's great __________________ None So

05-19-2006, 09:31 AM	#13
snatch1 Registered User Join Date: May 2006 Posts: 60	Thanks, any ideas how the wire transfer works for UK citiziens? What details are required for that?

05-19-2006, 10:09 AM	#14
Screaming I can change this!!!!! Join Date: Feb 2004 Posts: 18,972	pricey but worth it. solid stuff. great for large amounts. __________________

05-19-2006, 11:01 AM	#16
madawgz 8.8.8.8 Industry Role: Join Date: Mar 2006 Location: Noordermarkt Posts: 30,509	i bought a domain name over escrow, worked out perfectly __________________ TAEMDLRMSKRJIXMRLSMRJ.