domain sale

[essexboy]

Not sure i'm posting in the right section.

I know how to transfer a uk domain but how do you go about the process of paying/transferring.
Meaning if it's not in sedo and your buyin a domain how do you go about it?
I obviously don't want to pay a stranger and trust him to transfer the domain, and he won't want to transfer and wait for the money.

What are the options?

 

[smokin]

you could set up an escrow account, depends on the value of the name, might be better to use sedo for simplicity...

 

[ScottJ]

Sedo offer an escrow service which I have used.
http://www.sedo.com/services/s_escrow.php

Escrow.com offer an escrow service which I have also used a few times.

Moniker.com I believe also offer an Escrow service.

That way you pay a 3rd party, domain is transferred and then 3rd party release funds to seller.

 

[essexboy]

Anyone know the cheapest?
The domain is £700
Sedo is minimum £35 for escrow outside of sedo.

 

[ScottJ]

£35 for peace of mind, allowable business expense, sounds fair enough to me.

 

[keys]

Anyone know the cheapest?
The domain is £700
Sedo is minimum £35 for escrow outside of sedo.

Free of charge if you would like us to handle it, and your buyer agrees, as long as it is a .uk domain.

 

[retired_member3]

Who are you keys? could you pm details please. it's handy to know.

 

[retired_member3]

Scenario. Your negotiating to buy a domain and the seller isn't a domainer i.e. not clued up on market prices.
You offer x amount but when it comes to sealing the deal how do you pay?

I believe escrow.com is $$'s

Using sedo isn't ideal as the seller will no doubt check the site out and could think? hang on i'm selling too cheap!

other services? How can you/seller trust them?

Ebay? - if you get seller to stick on ebay as BIN and you pay via paypal is that covered??? I know paypal covers upto £500 for most stuff, but domains?
Also fees can be large.

You don't want to send them the money and trust them do you? even if what seems a legit company???

Would you pay their solicitor and trust them???

What else can/do you do?