I want to purchase a domain and be protected.
July 16, 2008 1:19 PM Subscribe
I want to buy a domain, I have agreed on the price with the seller. What's next?
The mechanics are easy enough, domain transfer request on my end, acceptance on the sellers etc. - but what about the money? We don't know each other at all. Is a site like escrow.com worthwhile to protect both of us? Any advice on what has worked for you in the past?
The mechanics are easy enough, domain transfer request on my end, acceptance on the sellers etc. - but what about the money? We don't know each other at all. Is a site like escrow.com worthwhile to protect both of us? Any advice on what has worked for you in the past?
Businesses sign a contract for sale prior to transferring assets. That way, if anyone welches you can sue them more easily.
posted by caddis at 1:34 PM on July 16, 2008
posted by caddis at 1:34 PM on July 16, 2008
Response by poster: Hmm, worthwhile might be a bad choice of words. If you used the service, was it acceptable? Obviously these services exist, I just wanted to know the legitimacy of the offerings since I've never used one.
posted by dhacker at 2:13 PM on July 16, 2008
posted by dhacker at 2:13 PM on July 16, 2008
FWIW, our company used Escrow.com when purchasing a domain name this year from an individual, and the service worked exactly as promised with no hitches.
posted by rooftop secrets at 4:08 PM on July 16, 2008
posted by rooftop secrets at 4:08 PM on July 16, 2008
Seconding the contract first. Whether you also use escrow.com or some other service comes after that.
posted by rokusan at 4:18 PM on July 16, 2008
posted by rokusan at 4:18 PM on July 16, 2008
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Obviously whether escrow.com is "worthwhile" depends on the dollar amount involved...
posted by jckll at 1:34 PM on July 16, 2008