poll What is the best escrow service: Escrow.com, Sedo, Uniregistry, Flippa, Payoneer, or Afternic?

[Platinums]

please vote
thanks

 

[Kuffy]

please vote
thanks

Name Silo

 

[bobbarato]

If buyer is using credit card and I am paying fees then escrow.com.

 

[hwgriffi]

Escrow is great for any USA exchanges.

When dealing with a buyer or seller that is outside of the USA Escrow can be clumsy and take a very long time. Still, I would prefer that they do their due diligence and vet a buyer or seller before I send any money.

With Escrow I can 100% trust that I get my money, or I will get my domain.

 

[UXela]

For me clearly Epik and NameSilo are the best.
From my $1000+ deals finalised this year:
5 went with Epik
3 went with NameSilo (one with payment plan)
1 went with undeveloped - also kind of a good option to consider but I kind of like to use the registrar for finalising the deal. It's cheaper and safer in my opinion.

 

[FairTrial]

please vote
thanks

Dear Platinums,

I believe you somehow forgot Transpact.com, which transacts many domain and website transactions every day
(possibly many more than some others on your list).

The reason Transpact.com handles so many domain transactions is because it is extremely low cost (just €3.49 per transaction if in the EU, slightly more elsewhere) and very quick and efficient.

[Disclosure: I work for Transpact.com - but it is a great company]
[Pricing above is for a normal transactions up to €15,000 - higher fees apply above this level]

 

[Name Trader]

Their are other options too. Escrow.Domains comes right off the top of my head. There are probably others.

 

[Jurgen Wolf]

I use Payoneer and Sedo escrow...

p.s. GD/Afternic is the worst definitely.

 

[creataweb]

Cash money in hand.

 

[Domains - Wanted]

Transferring to Epik and private listing sale in Epik's Marketplace (not Escrow). Instantenous and free. They do charge 5% to withdraw proceeds to PayPal, though.

 

[Name Trader]

How to use payoneer as a escrow service?

https://www.payoneer.com/escrow/

 

[accent]

Will try very hard to never deal with Escrow.com.

After being their customer, at the same address, for ten years they suddenly decided that I need more vetting - when I had a $$$$$ sale waiting payment. It took four failures and 24 very stressful hours. Holding back a payment is the mortal sin of escrow. Still really angry at them.

 

[Kuffy]

Does it work as pure 3rd party escrow? I thought they only deal with domains listed at their marketplace.

That is true, but they are a trusted third party, and they have control of the name. An organisation like Sedo or Escrow is really a fifth party. The other four parties are - seller, his registrar, buyer, and his registrar. Operating as escrow agent and both registrars, they have complete control over the transaction, and this reduces the possibility of chargebacks and transfer issues. If the buyer issues a chargeback, then they can reverse the transfer, as they still have control of the name. I find it difficult to understand why people pay to use the riskier external escrow services.

 

[DNGear]

Undeveloped.

 

[Name Trader]

Just to update this thread. Payoneer are out of the escrow business.Have been for almost a year already.

 

[Name Trader]

I use Payoneer and Sedo escrow...

p.s. GD/Afternic is the worst definitely.

GoDaddy use Escrow.com for transactions over $5K. I would presume Afternic are the same. I agree about the quality of service. GoDaddy completely wash their hands with the transaction and pass you over to Escrow.com. On 1 transaction, I had 2 Escrow.com tranasactions numbers. All my messages to the buyer fell on deaf ears. It's only after a month that they contacted me, and I noticed they had a different transaction number to me. Escrow.com couldn't find these 2 transaction numbers for the same domain. Amazing!

Since then I try to make all sales around the $5K mark under $5K.

 

[Haris]

DN.com is also an escrow service. Never used them though, yet

 

[Haris]

AfterNic and Flippa can't be considered escrow services imo.

 

[Name Trader]

Has anyone added an escrow service to their website besides, Escrow.com.

Personally I find Payoneer Escrow way too restrictive, when buyers outside US can ONLY use CC up to $2k. And there are no other payment options for them. Not even wire transfers. I've taken this up with Brandon, but he's saying it's going to be 3-4 months before we see any changes.

 

[Joshua Harding]

Undeveloped.

+1. I've been particularly pleased with their escrow services. Plus, they offer payouts in Bitcoin, which is unique.

 

[FairTrial]

@FairTrial - What do you accept as proof the domain has been delivered, so payment can be released?

@stub - Apologies for the delayed answer - I missed your question.

Transpact.com works in a different way to other escrow services - for each escrow transaction, you set the triggers before you start which will determine whether payment goes on to the seller or back to the buyer.

We believe this is a more secure method - as you decide what has to occur for your payment to be protected - not the escrow firm.

So you yourself determine and specify what proof is required that the domain has been delivered.

We don't automatically push payment to the seller - the buyer does that.
And handling many domain transactions every day, the process works very smoothly.

Very occasionally, if a buyer receives a domain but does not instruct us to push payment to the seller, then the seller will need to go through our arbitration process, but the arbitration process ensures the correct party receives the payment (according to the escrow conditions set and agreed by the parties themselves) and in the vast majority of such cases (which are themselves infrequent) no cost to that party and efficient and quick.

 

[simran.net]

DN.com

 

[indiegrind]

Payoneer is my choice.

 

[rickypham]

How to use payoneer as a escrow service?

 

[Haris]

Dear Platinums,

I believe you somehow forgot Transpact.com, which transacts many domain and website transactions every day
(possibly many more than some others on your list).

The reason Transpact.com handles so many domain transactions is because it is extremely low cost (just €3.49 per transaction if in the EU, slightly more elsewhere) and very quick and efficient.

[Disclosure: I work for Transpact.com - but it is a great company]
[Pricing above is for a normal transactions up to €15,000 - higher fees apply above this level]

Thanks for this post, will try Transpact escrow service in future.