Agreed to buy a domain; what to do now?

[WhiteWebServices]

I recently made an offer for a domain by e-mailing the owner directly, and he's accepted. The sale price will be around $200. For this kind of sum, what's the normal way to proceed?

 

[Flubber]

Escrow if you're feeling un-easy.

If not, Paypal. Get MSN/AIM address if possible to discuss etc. (Be sure to check background info on seller throughly.)

Its normal for you to pay, then domain to be pushed (Like a sales assistant and customer) but if you're not comfortable with that, ask for 1/2 first 1/2 after.

But beware, going for paypal; support is terrible!

Ta-ra.

Flubber

 

[WhiteWebServices]

Thanks Flubber.

The $50 escrow fee from Sedo seems a little high for this level of transaction; are there any reputable but cheaper alternatives?

 

[fonzie_007]

Paypal is your cheapest bet. It not, I think escrow.com fees should be less than Sedo's. It just depends how trustworthy the other party is. Is the seller a member of DNOA or NamePros? If so, paypal probably will be fine for the transaction.

 

[monRa]

I would use Paypal, just check the seller!

 

[WhiteWebServices]

Is the seller a member of DNOA or NamePros?

Not as far as I know.

Have paid all up front. Seems okay so far. Nameservers and whois have been updated. Just waiting for the transfer...

 

[mrfike]

I've never had any problems with PayPal customer service, though their scripts sometimes go apes*it and mess things up in any number of different ways. Their customer service reps have always been friendly and as helpful as they're allowed to be, in my case anyways. :D

 

[WhiteWebServices]

Transfer completed without any problems. I was just starting to think that I must be paranoid to have any concerns at all, but then I found a thread elsewhere about someone getting ripped off. For a larger sum of money (anything >$400), I think I'll use an escrow service in future.

 

[Morph]

Great to hear about a good transaction!
Good advice people