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Jessica_APLegal

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Escrow.Domains
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Hello, my name is Jessica and I work for Escrow.Domains and I would like to answer any questions that people have about our services.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
I don't have any questions but maybe you can post some things about your service, i.e. costs etc.
 
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Hello, my name is Jessica and I work for Escrow.Domains and I would like to answer any questions that people have about our services.

hi Jessica

Is your service legal in all 50 states? i Heard that payonere went out of buziness because they weren't licensed? Not askin gyou to comment on payonere.
 
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hi Jessica

Is your service legal in all 50 states? i Heard that payonere went out of buziness because they weren't licensed? Not askin gyou to comment on payonere.
Payoneer has not gone out of business!
 
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Why should we use your service instead of undeveloped ?
 
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hi Jessica

Is your service legal in all 50 states? i Heard that payonere went out of buziness because they weren't licensed? Not askin gyou to comment on payonere.

Hello,

We provide our services to all 50 states and to countries around the world. We are backed by the Law Offices of Greenberg & Lieberman, LLC which is an intellectual property law firm.
 
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Why should we use your service instead of undeveloped ?

Uhh...’cause maybe they charge less than 9% which makes Undeveloped the most expensive payment processor on the planet.
 
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https://www.namepros.com/threads/pa...-the-alternatives.1090289/page-3#post-6865087

I looked into https://escrow.domains/fees
and for example for a 5000 domain sale they say basic fees 162.50
which are exactly the same as at
https://www.escrow.com/fee-calculator
I compared their prices for a 1000 sale - identical, 32.50 For a 10000 sale, also identical, 175.50
I wouldn't be surprised if escrow.domains uses escrow.com in some sort of white label arrangement to do the escrows for them, lol.

Disbursements:
There is an additional $5. fee at escrow.domains to receive the incoming ACH, so actually they are $5. more than escrow.com for ACH transactions, $10. more for domestic wire and $20. more for foreign wire.

Also there seems to be no way for a buyer to pay with credit card at escrow.domains

escrow.domains does accept BTC, that's a definite plus, but at a $250. disbursement charge plus who knows at what rate of conversion.

escrow.domains are basically IP lawyers who offer escrows as a service to their clients. If you navigate their website it is a little hard to figure out exactly what methods are acceptable for incoming receipts, indicating to me that their escrow services were added as an afterthought. I'd suggest that they revamp their website to make it more clear exactly how their escrow services work - they should hire me to redo their verbiage for their website.

As a lawyer and expert on IP law myself, I can see where escrow.domains might be useful in some circumstances. But if you're just doing a straight escrow sale with no IP issues, might as well just stick with escrow.com as the price is exactly the same, escrow.com is much better known, and escrow.com accepts credit cards which many buyers especially in the 1000 - 5000 range love to use credit cards. Also, as a member of the legal profession, I know that unfortunately many civilians are mistrustful of lawyers and if you're selling a domain to the average Joe and then you direct him to a lawyer's website to pay you, he may balk.
 
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