Tell Me How Escrow.com Works

sashas · 09-05-2007, 09:29 AM

I've never used Escrow before. I've always had smaller sales that were taken care of by Paypal

However, I'm closing a deal soon that is a larger amount and I will need to use Escrow.

Can anybody explain how their system works for domains?

Thanks in advance guys. Rep added to all helpful responses

jungle · 09-05-2007, 09:55 AM

Sasha...this is what i know hope it will be helpfull.
Both parties agree to terms of the transaction, which includes the domain name(s) and sale price.

The Buyer submits a payment, selecting wire transfer or in some cases PayPal, credit card (American Express, Discover, MasterCard and Visa) or check/money order. Escrow.com verifies good funds and updates the website to prompt the seller to transfer the domain.

When Escrow.com can verify the domain has been transferred to the Buyer and the inspection period has ended, the Seller is paid. The transaction is complete.

Goodluck....

andema · 09-05-2007, 10:07 AM

I want to know too.

Krossat · 09-05-2007, 10:26 AM

Hi Sasha,

you can also check the following

https://www.escrow.com/support/faq/index.asp?sid=9

Its the FAQ section for domain related queries.

hth

sashas · 09-05-2007, 12:15 PM

Thanks guys. Rep added to all.

Do you guys know how long it takes to actually get the money?

Also, what would you prefer? Wire Transfer, or Escrow?

09-05-2007, 09:29 AM	THREAD STARTER #1 (permalink)
sashas Senior Member Join Date: Jul 2007 Location: Jaipur, India Posts: 3,119	Tell Me How Escrow.com Works I've never used Escrow before. I've always had smaller sales that were taken care of by Paypal However, I'm closing a deal soon that is a larger amount and I will need to use Escrow. Can anybody explain how their system works for domains? Thanks in advance guys. Rep added to all helpful responses

09-05-2007, 10:26 AM	#4 (permalink)
Krossat krossat.com Join Date: Jul 2007 Location: New Zealand Posts: 3,790	Hi Sasha, you can also check the following https://www.escrow.com/support/faq/index.asp?sid=9 Its the FAQ section for domain related queries. hth __________________ <<< Krossat's Blog : Cloud! Really? >>> <<< Techtorium Computer Training >>>

09-05-2007, 09:55 AM	#2 (permalink)
jungle New Member Join Date: Sep 2007 Location: Texas Posts: 9	Sasha...this is what i know hope it will be helpfull. Both parties agree to terms of the transaction, which includes the domain name(s) and sale price. The Buyer submits a payment, selecting wire transfer or in some cases PayPal, credit card (American Express, Discover, MasterCard and Visa) or check/money order. Escrow.com verifies good funds and updates the website to prompt the seller to transfer the domain. When Escrow.com can verify the domain has been transferred to the Buyer and the inspection period has ended, the Seller is paid. The transaction is complete. Goodluck....

09-05-2007, 10:07 AM	#3 (permalink)
andema New Member Join Date: Aug 2007 Posts: 23	I want to know too.

09-05-2007, 12:15 PM	THREAD STARTER #5 (permalink)
sashas Senior Member Join Date: Jul 2007 Location: Jaipur, India Posts: 3,119	Thanks guys. Rep added to all. Do you guys know how long it takes to actually get the money? Also, what would you prefer? Wire Transfer, or Escrow?

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)