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Escrow.com launches Escrow Offer

Labeled as news in Domain Industry News started by Matt Barrie, Oct 22, 2018.

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  1. Matt Barrie

    Matt Barrie Member Escrow.com Freemarket Gold Account VIP

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    Hello everyone

    We released today a feature that many of you have been after for a long time- Escrow Offer. Now you can integrate a "Make an Offer" button on for example a domain landing page, and solicit offers which you can accept, reject or make an counteroffer to. We welcome any feedback or questions!

    Regards
    Matt

    Introducing Escrow Offer: sellers can negotiate a price online through an Escrow.com Pay Now button.

    San Francisco, October 22nd 2018

    Escrow.com, the world’s most secure online payment system from a counterparty risk perspective, today announced the launch of Escrow Offer™, which allows sellers to negotiate a price for cars, boats, aircraft, domain names, jewelry, fine art and more through a Pay Now button.

    [​IMG]

    Escrow Offer is a tool that can be easily integrated into the checkout payment system of websites, online stores, mobile apps, classifieds sites, or just about any online business that handles financial transactions over the Internet. It is the easiest way to introduce the power of price negotiation into online platforms.

    With Escrow Offer, online sellers can review offers, and either accept, reject or counter them. Negotiations proceed until a deal is reached and the secure escrow process begins.

    "The ability to negotiate on price has been at the centre of business interactions for big-ticket items for generations," said Jackson Elsegood, General Manager of Escrow.com. "Now, we're bringing that capability into the world of online transactions, giving businesses and individuals the power of negotiation in a safe and secure environment."

    "Escrow Offer allows businesses to handle multiple offers and improve online conversion rates, while finding the best price at which to sell or buy an item," Mr Elsegood said.

    Escrow Offer comes on the heels of the launch of Escrow Pay, which lets businesses integrate the protection provided by the powerful Escrow.com API directly into their websites, mobile apps, online marketplaces, classifieds sites in one line of code.

    With no minimum fee, and priced as low as 0.89%, the Escrow.com Platform API is cheaper than credit cards and many other payment methods, while providing the protection of an escrow service. Escrow Offer can be integrated via the Escrow.com API or through individual Make Offer buttons.

    Escrow.com can be used for transactions involving anything of value, including domain names, vehicles, machinery, aircraft or any other item of value that a business or an individual might want to buy or sell safely and securely online. Escrow.com is ideal for transaction sizes from $100 to $10,000,000 or more.

    Find out more about Escrow Offer here.

    [​IMG]
     
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  2. TERADOMAIN

    TERADOMAIN Active Member VIP

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  3. Cristi Marin

    Cristi Marin Established Member

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    Glad to see it's finally here, Matt. Thanks for sharing the update! :)
     
  4. eurorealtor

    eurorealtor Active Member VIP

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    Just received the email today. Will works for my website. Thanks Matt!
     
  5. eurorealtor

    eurorealtor Active Member VIP

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    Would be possible to create the "Make an Offer" button without "Buy it Now" price? Thanks.

    Tomas
     
  6. Jackson Elsegood

    Jackson Elsegood Escrow.com Escrow.com ICA Member VIP

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    I like the suggestion - will see if I can work it into the roadmap.

    Jackson
     
  7. Soofi

    Soofi DomainX™ PRO Gold Account VIP ★★★★★★★★★★

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    Great addition Matt!!

    Will help in customised templates!!
     
  8. nydomain

    nydomain Upgraded Member Gold Account

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  9. Domainstore

    Domainstore Top Member VIP ★★★★★★★★★★

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    I didn't get an email.
     
  10. Sinh

    Sinh Active Member VIP

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    @Jackson Elsegood When I created button "Buy Now Button" / "Make Offer Button", the "Buy Now Button" is working well but the "Make Offer Button" has an issue below:

    "
    Internal Server Error
    The server encountered an internal error and was unable to complete your request. Either the server is overloaded or there is an error in the application.
    "
     
  11. Jackson Elsegood

    Jackson Elsegood Escrow.com Escrow.com ICA Member VIP

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    Hi Sinh,
    Send me over a PM with your email and I'll get one of our engineers to reach out to you directly.

    Cheers,
    Jackson
     
  12. eurorealtor

    eurorealtor Active Member VIP

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    @Jackson Elsegood It may be just a detail, but would be possible to make clear what is customer making an offer for after redirecting to escrow.com? Someone may want to be sure before entering an email address and submitting an offer if the domain / item is correct, and right now there is not enough space for the item description. Thanks. Please, see attached screenshot.
     

    Attached Files:

  13. Jackson Elsegood

    Jackson Elsegood Escrow.com Escrow.com ICA Member VIP

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    Hi @eurorealtor
    Good spot - passing this one over to the design team.

    Jackson
     
  14. Jackson Elsegood

    Jackson Elsegood Escrow.com Escrow.com ICA Member VIP

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    @eurorealtor Thanks again! This design change is now in production.
     
  15. rhakim

    rhakim Established Member

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    Great addition Matt!!
     
  16. frank-germany

    frank-germany F1lter.com xpired domain search engine Gold Account VIP

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    it would be great if you could supply a sample code
    to be put on a webpage

    that is just missing the domain name and the BIN price
    ( and of course the user/pw credentials )

    but nothing else

    thanks
    Frank
     
  17. eurorealtor

    eurorealtor Active Member VIP

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    Seems to have issues, tested @ Safari and Chrome. Screenshot attached.
     

    Attached Files:

  18. eurorealtor

    eurorealtor Active Member VIP

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    Found the issue, works fine now. Thank you!
     
  19. Katie12303

    Katie12303 New Member

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    Just like the person above,

    We at Brandadelic are having problems with the new make offer buttons. They give this error message when I click on them (If you go to the domains page and then go to one of the separate pages for the domains, you will notice a button) When the button is clicked it gives this message now. Before it didn't. Now it does.

    500 Internal Server Error

    Internal Server Error
    The server encountered an internal error and was unable to complete your request. Either the server is overloaded or there is an error in the application.
     
  20. namemarket

    namemarket Established Member ★★★★★★★★★★

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    That's exactly what I was thinking too, also with make offer. The current way to do is is too cumbersome and code is very long and cannot be edited, requiring new online coding (which code can not be copied and pasted and does not work if copied and hand edited) for every name to be made from scratch, it needs to be simple and easy.
     
    Last edited: Nov 9, 2018

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