I have a king of the world idea for NamePros.

[theSun]

I just checked out a members thread about escrow service below:
https://www.namepros.com/threads/namepros-escrow-services.894079/

I think it is a very good idea. I further want to suggest namepros should start their own registrar. Just name it namepros.com, then move forum into namepros.com/forum/, then start escrow service to namepros.com/escrow, then marketplace to namepros.com/marketplace, etc

Then implement the account PUSH function. This function is well-known in the Chinese Registrars. It is the best function in which NO US registrars have it! For example:

A negotiates with B in Namepros Forum and comes with a conclusion to sell hi.com to B for $10.
A pushes hi.com along with the amount request of $10.
B accepts the push, then $10 will automatically be deducted from B's account balance.
Then B receives hi.com
A receives +$9.7 to his account balance.
Namepros receives +$0.3 for "transaction push fee".

Voila. King. This way, NamePros will kick all registrars butt, and become the king registrar of the West side. You must believe me. This way it collects payment automatically, so we all just forget third parties payment services. We only use third party payment services to ADD FUNDS. But all transactions happen with the registrar NamePros. Indeed, I am still very shocked and both disappointed that no registrars outside of China has this awesome feature.

 

[theSun]

More idea, then in this way, we can REALLY and ACTUALLY make GOOD uses of our statuses. e.g. VIP gets less fees deducted on receiving domains (-$0.27 for example). Namepros supporter gets less fees deducted in escrow services. etc.

The sky is the limit this way.

Maybe namepros dollars can also be used to purchase services like backordering services! So HOW AWECOME IS THAT!

 

[nomen]

Good idea.

 

[DNGear]

Good idea.

 

[arjun29]

That seems a logical idea for a platform with so many domainers. But the fact that registrars outside of China have this awesome feature as you say might have a big reason which if researched/analysed and included in the idea would make it more complete.

 

[Asfas1000]

Further idea, when an auction starts, domain is pushed to NP account, when it ends, it goes to winner's account (push again).

 

[Paul]

There are a lot of problems that need to be overcome when acting as an escrow provider in the US. For example, a user who deposits funds with a credit card can easily file a chargeback to reverse the transaction. Working around these issues is a costly process, which means higher transaction fees. At $0.30, we'd lose money.

 

[theSun]

Well the general idea is there, is it up to namepros to think and develop this idea now.

 

[domainbartender]

This could work with a 10% fee. Anything lower wouldn't be profitable for NP.