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Old 12-11-2006, 10:45 AM   #1
maxidrom11
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Did you ever buy or sell a website???

What is common procedure if you buy or sell a website??? What do you do first??? when do you acctually pay??? best way to work around cheaters???
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Old 12-11-2006, 10:48 AM   #2
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What kind of site ?? What price range ? What age is the site ?
There is loads of questions ... and You have to have an idea of what your Ideal price is... For high proced sites I always use escrow
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Old 12-11-2006, 10:48 AM   #3
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i want to sell stonerstop.com but dont know how to
good thread
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Old 12-11-2006, 11:22 AM   #4
maxidrom11
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ok let's start from examples ...
there are 3 blogs for sale at 50 USD each ... both parties agreed on selling and purchase!
what would you do first to buy them???
it would be great if you explain in details with 1. 2. 3. and so on steps
thanks,
MAX

PS - extraordinary ideas are welcome in this thred!
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Old 12-11-2006, 11:24 AM   #5
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I wouldn't...I can create a blog worth 50 bucks in the time it takes to dick around with DNS transfers, changing over servers and someone that might rip me off lol
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Old 12-11-2006, 11:26 AM   #6
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use an escrow - sedo offers an escrow for external sales (5% of price, or maybe it's a fixed $50 fee - not sure)
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Old 12-11-2006, 11:27 AM   #7
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Sedo escrow sucks ( expensive ), try Escrow.com for a more convenient service
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Old 12-11-2006, 11:31 AM   #8
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small purchases <500 take cash first anything else use escrow

When I sold a site, it was cash loaded into escrow, domain/content transfered, check received from escrow.
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Old 12-11-2006, 11:33 AM   #9
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Quote:
Originally Posted by polish_aristocrat View Post
Sedo escrow sucks ( expensive ), try Escrow.com for a more convenient service
That depends - I just checked and SEDO's fee is 3%. Escrow.coms is:
3.25% upto 5k (standard or 6.3% premier)
$162.50 + 0.26% for 5-25k
0.89% for 25k+

So it depends on the purchase fee.

I've never sold anything more than 3k and I've only ever used sedo (total of 16 sales) and never had a problem with them, so I wouldn't say they suck/...
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Old 12-11-2006, 11:37 AM   #10
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huh? sedo fee was always 10%
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Old 12-11-2006, 12:15 PM   #11
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So what is the best SEDO or ESCROW??? to buy, let's say 50 USD worth blog???
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Old 12-11-2006, 12:38 PM   #12
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Quote:
Originally Posted by polish_aristocrat View Post
huh? sedo fee was always 10%
no no - that's for sales made through sedo (ie if because of sedo, you found a buyer). You can use sedo to simply handle the transaction if you negotiated the sale outside of sedo in which case it's 3%.

I've had domains listed on sedo, but was contacted directly by the buyer. As long as the buyer doesn't make a bid through sedo, you can use sedo's escrow services at 3%.

As far as the guy asking what to use for a $50 sale - damn, just ask for the cash up front... escrow for 50 bucks????
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Old 12-11-2006, 02:13 PM   #13
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done both yes
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Old 12-11-2006, 05:51 PM   #14
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I've used escrow.com in the past; no problems and their system is straight forward.

But, I wouldn't bother for a $50 sale; not worth it.
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Old 12-11-2006, 05:55 PM   #15
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if the price is low and the seller is reasonably trustworthy just pay for it, and have the buyer transfer the domain soon after... if it's expensive, or seller seems shady, use escrow...
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Old 12-11-2006, 05:56 PM   #16
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Nope,never ever....
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Old 12-11-2006, 05:58 PM   #17
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make the procedure through escrow.com...it works
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Old 12-11-2006, 10:36 PM   #18
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Before, but not lately.
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Old 12-11-2006, 10:41 PM   #19
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just entered to see what they will gonna say ...
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Old 12-12-2006, 02:59 AM   #20
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are there any others bisides those two services? did you ever buy or sell with no mediator.
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Old 12-12-2006, 04:18 AM   #21
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never and never again
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Old 12-12-2006, 05:24 AM   #22
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great thread, just bookmarked
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Old 12-12-2006, 05:57 AM   #23
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never never!
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Old 12-12-2006, 06:04 AM   #24
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Yeah, I used Escrow.com for the sale of my site... everything went smoothly.
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Old 12-12-2006, 06:06 AM   #25
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escrow.com is the best, they hold the money and once everything is transfered over then you release the money to them
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Old 12-12-2006, 11:37 AM   #26
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looks like escrow.com is the best ...
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Old 12-12-2006, 11:42 AM   #27
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escrow.com my man
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Old 12-12-2006, 11:48 AM   #28
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I sold my first two sites for a substantial amount of cash. It was a private deal and I signed a non-compete contract preventing me from working in that market in the future. As part of the deal, I worked with the new owner to transition the operation and bring him up to speed on everything.
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Old 12-12-2006, 12:39 PM   #29
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it would be great to hear some success and failure stories regarding selling or buying websites on internet to gain more experience from different people in the industry... anyone???
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