TDNAM question

[vip-ip]

I sold a domain on TDNAM and I received an e-mail saying that, quote,

We are pleased to inform you that The Domain Name Aftermarket is in receipt of the proceeds from the sale of the following domain name

Does that mean that TDNAM already has my funds in the escrow, or does that mean that the fnds are on their way, like in the mail, if it is a check?

It also says:

FOR DOMAINS CURRENTLY REGISTERED WITH GO DADDY:
You are now authorized to perform a change of registrant/account for ***.***. First, please contact the buyer, ***** ******, using the "Email Buyer" link
located in the "Domains I've Sold" section of TDNAM.COM, to obtain their desired registrant contact information for this domain. Then you may perform the
change of registrant. If you are unfamiliar with this process, please go to
https://www.godaddy.com/gdshop/faq/faq.asp?prog_id=GoDaddy&faq_id=62&topic_id=4&topic=Domains for detailed instructions.

FOR DOMAINS CURRENTLY REGISTERED ELSEWHERE:
You are now authorized to accept the transfer request of ***.*** from ***** ********.


Should you wish to contact the buyer yourself, just go to your "My Account" page on TDNAM.com. Once there, simply select "Sold" under "All Selling" on the
lefthand side of the page. From the "Email Buyer" link, you'll be able to email the purchaser of ***.***.

I have never sold a name at TDNAM, so I need some help... thanks!

 

[IAmAllanShore]

"We are pleased to inform you that The Domain Name Aftermarket is in receipt of the proceeds from the sale of the following domain name "

Means that they have the money (In "escrow") and will release it after you push the name, if I remember correctly.
I am sure, however, that the above means that they have the money, not necessarily that they are sending it to you.
-Allan

 

[vip-ip]

Just to make sure, I sent them an e-mail to make sure everything is done correctly I, quote, "should expect a response from us within 24 hours". :tu: Their HELP section states that only transactions over $500 go to escrow.com, all others are not.

If the name sells for $500 or more and neither buyer nor seller reside in Arizona, the transaction will be protected by Escrow.com. Escrow.com will notify
you within two business days on how to proceed. If the name sells for less than $500 or either the buyer or seller resides in Arizona, the transaction will
be protected by Transaction Assurance. While Transaction Assurance is not an escrow service, it is designed to protect the buyer and seller by withholding
proceeds from the sale long enough for a typical transfer to occur. Proceeds from a Transaction Assurance transaction are deposited in your PayPal account.

:hehe: