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is escrow safe for domain trading?
I want to sell a domain name, some guy advised me the escrow, but don't have the experience with them before, any guy have succeed trading domain on escrow?
Should I send the code to the buyer directly or the escrow?
if the buyer pay by paypal and dispute after domain transferred, will I get the money?
Comments
"It depends", find out from the escrow you're using.
escrow site is quite safe, first he will need to wire money and cannot be disputed usually
https://www.escrow.com/what-is-escrow
you have to wait until you get an email from escrow that the money are in you wallet.
when you generete the auth code record your screen including the email you send to the buyer.
usually how long it takes to receive the money after send the auth code?
and how much fee it will take for withdraw?
I'm new with escrow, and found a limit
PAY AS A BUYER:$5000.00
RECEIVE AS A SELLER:$20000.00
does that mean I can't sell a domain price over $20000.00 ? or I can get the money in two times if the price is over $28000?
Yes you can sell even $100. here are the fees https://www.escrow.com/fee-calculator
Once the money was in my wallet within 48h and once within 5 days.
I'm it show a limitation Based on your recent transactions, you can only pay/receive as much for either Credit Card and PayPal payments:
PAY AS A BUYER:$5000.00 RECEIVE AS A SELLER: $20000, while if I want to sell the domain at $30000, and the buyer also new in escrow, can he only pay $5000 for the trade or he can pay 6 times of $5000? and I can withdraw it two times, $20000 and $10000?
yes I did that in part transactions before . But you must mention terms properly for each transactions
Use Payoneer escrow or escrow.com as as mentioned by others,. Or list it on any of these undeveloped.com/sedo.com etc, you'll have to pay commissions though. 9%-20%.
Safest is probably Bitcoins if buyer can pay.
9-20% is escrow charge so much ? I checked seems only 2-3%
Tons of fees, better use a crypto currency.
buyer will also need some kind of satisfaction . None is going to pay 30k crypto without security . Going through 3rd party is the best bet
For payments up to $5,000 there is 1.5% fees for Payoneer escrow. That 9-20% is for marketplaces. You should've no issues with Payoneer escrow or Escrow.com
Better and safest options is if you use Domain Concierge Service of escrow.com, you'll pay $100 extra which includes domain transfer handling. https://www.escrow.com/domains/domain-concierge
Edit: Escrow.com do ID verification from both parties so there are less chances of any fraud etc.
Never ever use an escrow service that the buyer recommends you to use, without extensive research.
There is a type of fraud, where a buyer contacts you to purchase your domain, but they say you need to use a domain appraisal or escrow service, and they direct you to a specific escrow service. That service is actually operated by the buyer, and you need to pay to open an account or get your domain reviewed. When you make that payment, they take your money and disappear.
Make sure you use well-known escrow services, like the ones recommended here. Don't use the one that your buyer tries to force you to use.
Steps to take.
I hope this helps you understand escrow.