Platinums
Established Member
- Impact
- 233
please vote
thanks
thanks
Name Silo
namesilo
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.Does it work as pure 3rd party escrow? I thought they only deal with domains listed at their marketplace.
+1. I've been particularly pleased with their escrow services. Plus, they offer payouts in Bitcoin, which is unique.Undeveloped.
@FairTrial - What do you accept as proof the domain has been delivered, so payment can be released?