Domain Empire

status-resolved Who pays the fees?

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Confusing question I see forum rules say only escrow fees are payable by buyer.

Many sellers are asking for buyers to pay PayPal fees, mods need to flag such listings, as really people are unaware of such a vague rule here.

Most don't even state it, only after you pay, do they shake you down for a couple more bucks, I would just like a clear answer how the mass pay, PayPal fee structure is for buyers?



Updated rule: https://www.namepros.com/threads/sellers-are-responsible-for-paying-all-transaction-fees.909883/
 
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You don't really need to use escrow on small sales. In fact you can't when there's a $25 charge as you end up losing money.
 
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James,

Thanks for your feedback.

I use escrow.com for any transaction in which I am weary about the buyer doing a charge back via PayPal as they clearly told me there's nothing they can do if the buyer does a charge back. I've been cheated both ways as a seller and a buyer so I don't like to take unnecessary chances.

Perhaps, there could be a criteria such as seller pays fees up to a maximum amount or that the buyer will pay the extra $25 international fee when using escrow.com?

"Transactions with a Buyer outside the United States will be charged an additional $25.00 to cover any intermediary bank fees. This will be added to the escrow fee, regardless of who is paying the fee, when the Buyer selects to pay by wire transfer."


Most of the time, I will not be affected as buyers negotiate with my asking price, but sometimes I sell domains at cost (or even below) and don't want to take a loss (or greater loss if less than cost) because I overlooked something.

These points are to make NamePros an even better place in which buyers and sellers don't run into an extra fee once a deal is reached.

Best,

NinjaDomain

You don't really need to use escrow on small sales. In fact you can't when there's a $25 charge as you end up losing money.
 
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