Escrow: Help me out a bit with it please.

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  • Jack Sparrow
    Almost goners..
    • May 2008
    • 11420
    #1

    Escrow: Help me out a bit with it please.

    Time has come to sell one of my sites (not the one in my signature, thanks) and because both the buyer and me want to be on the safe side when transferring this kind of money (and vice versa the domain and site to him) i suggested to use escrow.

    BUT!

    I never used escrow before, so how safe is this.

    I registered, etc etc. But now what, why is this much safer, the big issue will be the transfer of the domain i guess. I want to make sure i get payment after it has been released to him. Ive been reading for it on escrow, but my lack of english leaves me confused.

    How does this work? How do i make sure payment is really send before escrow gives him the domain? And what is that inspection period? I mean, if he has the domain, he can inspect it and then what?! How does escrow do this?

    Thanks for your quick advice!
    Tags: None
    • pornguy
      Too lazy to set a custom title
      • Mar 2003
      • 62910
      #2
      Very I just did it. Even has a three day inspection period.
      PornGuy skype me pornguy_epic

      AmateurDough The Hottes Shemales online!
      TChicks.com | Angeles Cid | Mariana Cordoba | MAILERS WELCOME!

        Comment

        • webair
          Confirmed User
          • Feb 2002
          • 8531
          #3
          very safe use escros.com it's very quick and easy.. Moniker also offers escrow services so have a look there as well.


          ~ Webair Dedicated Cloud Servers™ ~ WEBAIR VSYS™ Virtual Hosting Platform ~ Superior CDN Network ~
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            Comment

            • CYF
              Coupon Guru
              • Mar 2009
              • 10973
              #4
              escrow.com
              Webmaster Coupons Coupons and discounts for hosting, domains, SSL Certs, and more!
              AmeriNOC Coupons | Certified Hosting Coupons | Hosting Coupons | Domain Name Coupons

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                • LiveDose
                  Show Yer Tits!
                  • Feb 2002
                  • 25792
                  #5
                  I have used escrow.com over 100 times with no problems.

                  Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

                    Comment

                    • Jack Sparrow
                      Almost goners..
                      • May 2008
                      • 11420
                      #6
                      Ok, but how does this work then?

                      Domain gets transferred to escrow first? Or how am I safe as a seller?

                        Comment

                        • DateDoc
                          Outside looking in.
                          • Feb 2005
                          • 14243
                          #7
                          Originally posted by mrfrisky
                          Ok, but how does this work then?

                          Domain gets transferred to escrow first? Or how am I safe as a seller?
                          Since the Buyer pays Escrow.com and not the Seller, Escrow.com can withhold payment until it's satisfied the domain name has been transferred by the Seller. One of the ways Escrow.com does this is by checking the WHOIS database of the appropriate Registrar* to make certain it properly reflects the new Buyer's name as the domain name Registrant. Once this has been verified, Escrow.com releases payment to the Seller.

                          https://escrow.com/solutions/domain_name/index.asp

                            Comment

                            • Special_K
                              Registered User
                              • Jan 2006
                              • 52
                              #8
                              Escrow rocks. It emails you each time an action is required by you or the seller. It's really easy to use.
                              malechat.COM - For sale.

                              Special_K

                                Comment

                                • Jack Sparrow
                                  Almost goners..
                                  • May 2008
                                  • 11420
                                  #9
                                  Thanks all, its clear to me now!!

                                    Comment

                                    • San
                                      So Fucking Banned
                                      • Jan 2004
                                      • 790
                                      #10
                                      - First, Escrow gets the money from the buyer and holds it.
                                      - You transfer the domain.
                                      - Escrow releases the money to you.

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