How to make a transaction without Escrow services

[tonecas]

hi,

i'm sorry if it this one has already been answered but i am with little time to dig more on this.

until now i have been buying and selling domains throw ebay, sedo and the likes.

now i got an opportunity to buy a domain from and end-user that i was interested in for a low $xxx figure.

because of the low buy value, using services like escrow.com or sedo.com escrow service, the minimum fees become in percentage relevant to the total amount. ok, i know that we could be talking about penauts here but i'm very controlled with my spendings and if i can spare a few bucks i will.

so, my question is: how do you make these kind of sales/buys? do you pay by paypal and then hope that the buyer/seller transfers the domain to you? how do you protect from the other party not respecting their part on the deal?

thanks in advance for your advices,

regards,
tonecas

 

[Spade]

The real question is who is the person you are buying from?

If they are US Based and not a Domainer - I dont have a problem sending money either via paypal, check, or wire - as long as I have their contact information which can be verified (Phone, Email, ect).

I would only use escrow if the owner is out of the US or unverifiable - I wont risk my money on a "too good to be true" deal.

 

[tonecas]

Thank you Spade

Yes, it is an end-user from US and i have the phone and email right.

However, i'm not from US
Maybe the seller should be with more caution than i :lol:

Anyway, having the phone/email helps in asking for a refund in case of the seller does not transfer the domain to me. Is that it?

Because then Paypal or whatever means i use can contact the other party and verify what happen. Looking from another angle, if i were dishonest i could pay, receive the domain and then ask for a refund stating that i didn't receive the product - domain - that i bought... So, it makes sense that both parties have real contacts from each other.

regards,
tonecas

 

[Spade]

Its more of a situation when you know who the buyer is - there is a substantial lessening of risk. Not that it covers you - but frankly if a Seller didnt follow through - I would simply call constantly until they did - lol.