- Impact
- 304
There have been several posts recommending Escrow.com and a number of others by people having problems with SEDO. Has anyone had any problems with Escrow.com, or would anyone like to share their experiences with them?
I'm curious how this is a negative? Inquiring mind would like to better understand.domainspade said:Negatives:
- Do not take possession of the domain name
scandiman said:I'm curious how this is a negative? Inquiring mind would like to better understand.
domainspade said:There have been problems with escrow, when a buyer will acquire the domain name, then quickly change the whois info back to the original owner. When escrow goes to confirm transfer, it still appears to be in the hands of the original owner.
scandiman said:Thanks for the explanation. That is one dirty trick.
I've hear Moniker's escrow works by taking possession of both the money and the name, is this true and are there others?domainspade said:Yes it is, and its one that scares me to be quite honest. I would hate to lose control of a domain name, and the buyer never releases the funds, claiming they never recieved the domain name.
scandiman said:I've hear Moniker's escrow works by taking possession of both the money and the name, is this true and are there others?
Are you located outside the US?domaindevelopers said:Have had very bad experience with escrow.com. I sold a domain name for USD 240. the transaction is over some 2 months back - even the buyer has accepted and ack the domain but am still awaiting the payment. (escrow doesnt have paypal disbursement - so only chq or wire transfer)
had good experience with sedo in terms of payment - recd USD 550 pretty soon via paypal but u need to keep pushing the representative. they are lazy assholes.
Sorry to hear that, but in fairness, if you knew that Escrow would only disburse funds in a certain way, that's not really their fault.domaindevelopers said:Have had very bad experience with escrow.com. I sold a domain name for USD 240. the transaction is over some 2 months back - even the buyer has accepted and ack the domain but am still awaiting the payment. (escrow doesnt have paypal disbursement - so only chq or wire transfer)
had good experience with sedo in terms of payment - recd USD 550 pretty soon via paypal but u need to keep pushing the representative. they are lazy assholes.