ESCROW...when do YOU use it?

[GeoOwners]

Most of us buy and sell low priced domains on a handshake and paypal...at what amount do you decide to use an escrow service?


My personal amount is about $300 and above.

 

[Optinom]

Reputed member & $2500 = No escrow
Reputed member & $5000+ = Escrow
unKnown person & $300+ = Escrow

 

[Ronald Regging]

Escrow.. at least through Escrow.com, isnt really any more secure than Paypal. Theres ways to cheat it.. Personally I'd prefer to use Moniker Escrow every time, since they offer a true escrow service (they take physical possession of both money and domain), but they are rather expensive. I guess it just comes down to comfort level. If it's a reputable member from a forum, I'll pretty much trust them upto $500.. Maybe more, just depends. Generally speaking though, anything in the in $400-500+ range, I'd prefer to use an escrow service for. That would just be too big of a hit for me to take.

 

[GeoOwners]

Escrow.. at least through Escrow.com, isnt really any more secure than Paypal. Theres ways to cheat it.. Personally I'd prefer to use Moniker Escrow every time, since they offer a true escrow service (they take physical possession of both money and domain), but they are rather expensive. I guess it just comes down to comfort level. If it's a reputable member from a forum, I'll pretty much trust them upto $500.. Maybe more, just depends. Generally speaking though, anything in the in $400-500+ range, I'd prefer to use an escrow service for. That would just be too big of a hit for me to take.

I wasn't singling out any specific escrow service...but it brings a good point on what peeps favorite escrow service is.

I like afternic cause its easy to figure out and they seem fast on their end


.

 

[Keith]

Reputed member & $2500 = No escrow
Reputed member & $5000+ = Escrow
unKnown person & $300+ = Escrow

I agree. It varies depending on who you are dealing with.

 

[spikedo]

Escrow.com is pretty simple and straightforward. I used it for sales as low as $500.

 

[7721]

escrow.com is for 2 persons agreement before they proceed their business. Paypal more risky...

 

[Spade]

Honestly, it has a lot to do with trust. Many domainers who do constant business online, I will trust with a verified paypal account - others, I would accept escrow at 400+

I wont risk most of my transactions over $500, even with a trusted party, I will typically require escrow. Just not worth the risk in my opinion.

Justin