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Do I need to worry about Escrow service by Namedrive.com?

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yesonline

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I was reached by a person who is using a namedrive email to purchase one of my domain name, and we have a deal at 5K. He told me the buyer's money has been in his escrow account and asked me to push the domain name to the buyer's enom account which I have done immediately, then he said he will confirm with the buyer and initiate the transaction. But after then I have not any response from this person for one day though I have emailed him twice to ask him paypal me money as we have agreement before I pushed the domain. I think just confirm with the buyer is the most simple part of this deal and wonder why it takes him so long?

I have never done business with namedrive.com so should I be worry about this deal?

Thanks for advice.
 
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I've had that happen to me with other escrow services before -- usually it's just the person forgetting. I had one person go on vacation once forgetting to confirm receipt of the domains, not a big deal though as it's not like they're going to release the funds back to the buyer. I would contact Namedrive and explain the situation. I haven't used Namedrive for escrow yet however other escrow services I have used will eventually just release payment to you if the buyer is unresponsive and it's clear that the domains have been delivered.
 
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thanks, REECE. Yes, I do think so as you said.

I also understand that it might be the case that there is no confirmation from the buyer, however, I think the broker part, in this case is the person from namedrive, should reply me to explain what is going on to make me more comfortable.

thanks.
 
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The domain name has been pushed to the buyer's account 6 days ago, I asked namedrive.com just Paypal me, but money still not come in, is this normal for namedrive?
 
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Send them a link to this thread and mention to them that their marketplace is new and that they don't want to earn an early reputation for being slower than Sedo -- should do the trick :)

The domain name has been pushed to the buyer's account 6 days ago, I asked namedrive.com just Paypal me, but money still not come in, is this normal for namedrive?
 
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