Afternic Sale Binding?

[tomcarl]

I sold a domain via Afternic (and I know who to, it was someone I've already been negotiating with for weeks about the name when they contacted me a few months ago via direct whois/email, I can tell by their username (same firstname initial plus their last name was the username of buyer)) Negotiations fell through weeks ago then I guess they had a change of heart and decided to come along and click BIN

I see this notice:
In order to start the escrow process to complete the sale, we first need you to confirm that you have agreed to this sale and are able to transfer the domain when we authorize the transfer after receiving the funds from ***

Then it shows:
Unfortunately, no payments can be processed until we receive the original signed form.

Then it shows I have to download, fill out, scan, email,, snailmail or fax w9 forms (I'm in the US)

I've never dealt with Afternic before, In this stage can I just cancel or is it binding? The buyer hasn't paid yet (they're waiting for my confirmation)

Had this been Sedo the sale would've been completed already.

 

[Hypersot]

do they require the same paperwork for paypal as well? (in case you have no problem getting paid via paypal)

I'm only saying that since, when they asked me for the paperwork, I went and selected paypal as a payment method and the transaction was completed *before* they accepted the paperwork (I sent it at the same time I selected the payment method)

 

[tomcarl]

Yeah, it gives a link to w9 forms with the options to choose from (bank transfer, check, paypal)

 

[iwon24]

im from the uk and am new to afternic will i need to fill one of these in order for transfer to go through ? or not as im from uk ? anyone know

 

[tomcarl]

They have links to downloads for sellers in US and outside of US, so I assume you'd have to do the same.

 

[iwon24]

ah ok thanks for letting me know i can do it before a sale happens.

 

[tomcarl]

Will probably go ahead but wish I would've known these steps were mandatory ahead of time so It could've been done and over with by now.

 

[iwon24]

yeah i tried doing it all online fill it out but they aint a box for signature so guess i gota print it out etc .. and fill in scan and then send

 

[iwon24]

plus reference numbers ? whats that

 

[Manik]

There was a listing that I forgot to remove. I had already sold that domain name privately but someone selected BIN on the Afternic listing. Since I did not have the domain name, they suspended my account.

So I just made a new one. No problems yet.