Guys, please i request you to help me SELL my site Successfully. I have a BIG website, that is worth alot. Well, i am selling the site to a buyer to a price, and i dont want to risk anything. I cannot do escrow as it doesnt send the money to Paypal, and for "some" reasons, i would want the money to be sent to Paypal only. But i cant deal with the buyer if hes going to charge back or something, so what can i do so the buyer cant do chargeback after the money is sent? Hold my site until he cant chargeback? I think its 45 days... (Which is alot) Share some methods i can use to sell this site successfully. He is willing to pay immidiatly, he doesnt look like a scammer, because we had long converstaions about the site, and hes satisfied for what hes buying. Help.
You're the one selling the site so you can dictate which method of payment is acceptable. If he's not willing to send money via Paypal, find another buyer. The Internet is loaded with millions of people. Why set yourself on this potential scammer?
No hes willing to send the money through Paypal. But i am worried that he might do charge back or something? How can i avoid that and still have the money in paypal?
Depending on what you mean by a lot of money, escrow will be your best bet. Otherwise, you need to just deal with reputable people who has a long history of good deals. Just remember, if the deal is too good, it is most likely a scam.
Tell him to send payment first, then transfer the money out of your paypal account and into your bank account. This way if he does file a dispute, the money made from the sale isn't locked in your account. Paypal will freeze both accounts involved in a dispute until the dispute is resolved. Believe me, having $700, or any sum of money, "frozen" because of some moron is extremely nerve wracking. So as a precaution, I immediately transfer the funds to my bank account. Just document the entire process. Write long, well informative emails to him when you send the site contents. Keep the records of the domain transfer. This way, if he does dispute the transaction, you can cover your ass. Good luck..
I agree - dealing with "shady" people just isn't worth the risk... research the guy via Google. You'll be amazed at how much you can learn about someone
It doesn't work,he will have a negative balance if don't win the dispute and there are 80% to loose because paypal don't cover these kind of transactions. If you sell thru paypal put your website on ebay and let the buyer buy it thru ebay and keep logs,screenshots everything,in this way you can't loose.
k3v, that doesn't mean my suggestion won't "work". What exactly do you mean, "it won't work?" And you're right, he will go into the negative if he doesn't win the dispute, but did I not say to keep detailed records of the transaction to ensure he's able to make his case in the event of a dispute?
Thanks for the answer. He doesnt look like a scammer to me, and he is not giving me a "very" good deal, but i am considering it. Someone told me to tell him to sign a contract that he wont do a charge back? I never made a contract, how can that be made?
What i meant to say is that paypal really don't give a shit about non ebay transactions and electronic delivered goods,I sold a domain for 2400$ buyer chargedback and i saw my account with negative balance after i provided all screenshots and logs,thank god i got my domain back. If you ask me paypal is not a solution in those kinds of deals,but if is a must i do it thru ebay for large amounts of money.
Or, can i tell him to send the money to Moneybookers? And then i convert the money to paypal with a reputable member here? I never used Moneybookers, how is it? Does it have any kind of charge back?
MoneyBookers they have a no chargeback policy but if MoneyBookers account was funded with credit card he can chargeback thru credit card company and moneybookers will reverse the payment. Anyway MB can't be chargedback easily as paypal can be.
I have asked him if he can pay via Moneybookers or Egold. Lets see how it goes. Will update this thread soon. Thanks for all your support.
They can ALWAYS do a chargeback if you use paypal. Fact. Theres a big risk in using PP for intangible items.
If this is such a "BIG" site and the money means that much to you, create a detailed contract and obtain as much information about the purchaser as you can. The 45-day hold wouldn't be a good idea since that's forbidden by the user agreement.
You think its a good idea to make them send the money to moneybookers or egold (havent used them before, and guessing they dont have chargeback) and then ill convert them here on DP?
Yes I was also thinking about it.. its the best idea so far. and you`ll even get more PP for your egold however, I wouldn`t exchange whole amount with 1 person anyway
You're still putting the money at risk. Exchange deals could go bad and they're also not allowed by PayPal, thus you could lose the money to an exchanger and/or get your PayPal account limited.