advice Influx of Chinese Buyers to NP's

[wot]

Now that NP's is the number 1 domain forum by far expect to see it inundated with Chinese buyers looking for bargains.

DON't sell cheap.

I have been around a while and chances are they will be consortiums with English speaking front men buying for a group so money will not be an object. This is not a bad thing but be aware it would not take too much for them to control the NP's secondary reseller market.

Just be aware and simply my opinion.

 

[Acroplex]

As long as they pay, I've no problem selling. It's the spamming scammers I've a problem with.

 

[wot]

As long as they pay, I've no problem selling. It's the spamming scammers I've a problem with.

True.

Although already had one complete waste of time with a Chinese "buyer" here although I did note there was a couple of positive feed backs which stopped me from posting a negative so gave the benefit of the doubt.

 

[80-20]

Before you guys begin dreaming about Chinese parting withe their fortune here on NP, try to work out about how you're going to be paid.
PayPal? Don't think so...

 

[Acroplex]

There is definitely an issue with that, 80-20. I've only dealt with buyers from Hong Kong on forums, and via Domain Name Sales & Escrow.com for mainland China buyers.

 

[silentg]

You can always use DN.com escrow.

 

[Jackson Elsegood]

@80-20, great point - we launched Mandarin speaking support and translated our site to help with exactly that issue

 

[bobbarato]

@80-20, great point - we launched Mandarin speaking support and translated our site to help with exactly that issue

Is the CN translated version of escrow.com available now? If so, link please - I'm not seeing it on the home page. Thanks!

 

[wot]

Is the CN translated version of escrow.com available now? If so, link please - I'm not seeing it on the home page. Thanks!

https://www.escrow.com/cn/?utm_expid=89371209-10.bQGrck_zRNywnCeN4I53AA.0

 

[bobbarato]

Thanks wot.

@Escrow.com I would humbly suggest that Escrow do the typical "flag" icons in the upper right hand corner of the home page rather than a drop down box toward the bottom of a long home page.

 

[GravityEleven]

I am using DN.com successfully for almost a year already for deals with chineses, problem solved..
some other deals done via 4.cn escrow, also no headaches.. both services are known to 90% of chineses who deal with domain names..

so there really is no problem at all getting paid by them..

 

[wot]

I am using DN.com successfully for almost a year already for deals with chineses, problem solved..
some other deals done via 4.cn escrow, also no headaches.. both services are known to 90% of chineses who deal with domain names..

so there really is no problem at all getting paid by them..

But of course most non Chinese sellers do not know DN.com & 4 cn so now that Escrow.com offers a "Chinese" service it is likely to dominate.

 

[mvl]

I have mixed experiences. I had a few occasions where buyers just did not send money, although they themselves initiated escrow. I suspect they unsuccesfully tried to make a quick flip by reselling the domains within the escrow timeframe.

I had one case where we agreed on a two domain deal, but the buyer tried to convince the escrow service that the deal included two other domains as well. I had to send in our pre-sale conversations and then the deal was cancelled by the escrow service.

On the other side I had a nice sale where the money arrived in escrow almost at the same time I got the notification that the domain was actually sold.

 

[kemjika11]

but is it wise to use DN.com and escrow for "small" sales? such as $100 and below? just sayin...

 

[Jackson Elsegood]

Is the CN translated version of escrow.com available now? If so, link please - I'm not seeing it on the home page. Thanks!

Hi Bobbarato,
If a user visits from a Chinese browser (or with global language selection set to Chinese) Escrow.com automatically detect this and appear for them in Chinese. Alternatively you can select language manually using the flag-style selector down at the bottom of each page.

Cheers,
Jackson

 

[Josh888]

Has anyone had experience using DN.com how do you get your $ out? can they submit it to you via PayPal?

 

[TheWatcher]

@Josh I received it via bank wire.

 

[Josh888]

@Josh I received it via bank wire.

Is there a wire fee associated with withdrawing $ from them?

 

[TheWatcher]

Always, check with your bank.

 

[Josh888]

Do they have any other withdraw method besides bank wire?