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Not sure it this ever happened to you but if you are dealing with an end user and not a domainer there is always this "problem" of who will pay for the transaction fees for the entire transaction from start to finish. In a perfect world you really want to walk away from a deal with the exact amount agreed upon and not have to pay the transaction fee or split it.
Here's how you word it. Seems to work.
Assuming the final agreed upon price is $2000 and the Escrow.com fee total is either $130 or $191.
Here's what you say.
"Congratulations on your purchase! You've made a great buy! I will process this order immediately and create an invoice. Escrow.com will process this transaction. To make sure this transaction is safe and no one gets cheated Escrow.com charges an unavoidable processing fee like Paypal would. Depending on your form of payment the fees will vary. If you choose to use Wire Transfer the fee will be $130. If you choose to use your credit card the fee will be $191. Unfortunately, these fees are unavoidable but are typical for such large transactions. You should be getting your invoice in your inbox in a bit. Please take your time and inspect it. If you have any questions please do not hesitate to contact me and ask."
Of course you guys can pick and choose what to say.
Pay close attention to the wording. In no way shape or form do you give the buyer the idea that you guys can split the cost or that there is an option for the seller to shoulder the cost of the transaction fee.
Depending on the price of your domain sale you might be losing a big chunk of profit.
Chances are also your buyer had you on the ropes when they negotiated the price with you and you did not exactly get what you wanted price wise.
So why should you also pay for the Escrow transaction fees?
Of course you could always just not tell them about the fees and hope they won't complain.
SECRET!!!! THEY ALWAYS COMPLAIN!! lol
So it's best to walk them thru it so it's not a surprise.
You can even word it like.....
"Escrow.com charges the BUYER an unavoidable $130-$191 transaction fee like Paypal. It's pretty standard."
Most people are digital savvy already these days and know these fees are standard for payments. These people are pre-conditioned already to accept these fees are on them. This is why you need to be clear from the start.
The "Surprise" really just triggers them to wonder or ask questions and say "hey! What's this?! why am I paying this fee? Then they ask. Can you pay this fee?
What the buyer Doesn't KNOW is that the Seller can offer to pay these fees or the buyer can request the seller to shoulder this cost.
or that they can split it.
Again it's best to tell them about these fees in advance. So they won't get startled or surprised which almost always pisses them off or gets them annoyed and THEN they will ask YOU to either split the cost or shoulder the entire cost of the transaction.
I'll leave it up to you to come up with your own way.
and of course all the above only applies if you are dealing with someone who is not a domainer.
Here's how you word it. Seems to work.
Assuming the final agreed upon price is $2000 and the Escrow.com fee total is either $130 or $191.
Here's what you say.
"Congratulations on your purchase! You've made a great buy! I will process this order immediately and create an invoice. Escrow.com will process this transaction. To make sure this transaction is safe and no one gets cheated Escrow.com charges an unavoidable processing fee like Paypal would. Depending on your form of payment the fees will vary. If you choose to use Wire Transfer the fee will be $130. If you choose to use your credit card the fee will be $191. Unfortunately, these fees are unavoidable but are typical for such large transactions. You should be getting your invoice in your inbox in a bit. Please take your time and inspect it. If you have any questions please do not hesitate to contact me and ask."
Of course you guys can pick and choose what to say.
Pay close attention to the wording. In no way shape or form do you give the buyer the idea that you guys can split the cost or that there is an option for the seller to shoulder the cost of the transaction fee.
Depending on the price of your domain sale you might be losing a big chunk of profit.
Chances are also your buyer had you on the ropes when they negotiated the price with you and you did not exactly get what you wanted price wise.
So why should you also pay for the Escrow transaction fees?
Of course you could always just not tell them about the fees and hope they won't complain.
SECRET!!!! THEY ALWAYS COMPLAIN!! lol
So it's best to walk them thru it so it's not a surprise.
You can even word it like.....
"Escrow.com charges the BUYER an unavoidable $130-$191 transaction fee like Paypal. It's pretty standard."
Most people are digital savvy already these days and know these fees are standard for payments. These people are pre-conditioned already to accept these fees are on them. This is why you need to be clear from the start.
The "Surprise" really just triggers them to wonder or ask questions and say "hey! What's this?! why am I paying this fee? Then they ask. Can you pay this fee?
What the buyer Doesn't KNOW is that the Seller can offer to pay these fees or the buyer can request the seller to shoulder this cost.
or that they can split it.
Again it's best to tell them about these fees in advance. So they won't get startled or surprised which almost always pisses them off or gets them annoyed and THEN they will ask YOU to either split the cost or shoulder the entire cost of the transaction.
I'll leave it up to you to come up with your own way.
and of course all the above only applies if you are dealing with someone who is not a domainer.