Before selling domain names................?

Before selling domain names, what things are important to know for seller ?

Thanks in advance

 

the biggest thing to know is the reputation of the buyer. if you are using escrow.com, then a lot of risk is minimized. paypal is more risky- is the buyer verified? are they using funds already in their account or are they adding funds with a credit card? if they are adding with a credit card, they can charge back 60 days later and leave you without a domain and without money.

 

Yup reputation is key. If you have good iTrader (or something like that) then people will be more eager to deal with you.

As for the info they need. They need to know the domain (obviously) where it is registered (GoDaddy, Namecheap, etc.), the date of expiration, and if it receives any traffic (need to show stats etc).

Skinny

 

Depends where you're selling. If it's a forum like DP, then I usually look at their iTrader, rep on the forum, how many posts they've made & how long they've been here.

 

Be sure to get the payment before you make the domain transfer

 

read the buyer's posts,make a research,and if you dont feel confident,sell by escrow or egold,only sell by paypal to trustable people ( to prevent chargeback)

 

Use escrow service, it can protect you against possible fraud.

 

I think it's also important to know what is your reserve - what price are you looking for..

 

Selling the domain via Sedo for protect the payment charge back later.

 

...and don't get the payment at all in about 30% of the sales!

 

Thanks for all the valuable info friends

what about sending invoice to buyer before transferring ? can sending invoice prevent scam / or can invoice even be sent ?

 

I'm not sure why or how sending an invoice would prevent a scam.
(Am I missing something?)

The scam already mentioned in this thread occurs AFTER payment has already been made and domain pushed.
Just when it seems the transaction is over, you get hit with a chargeback or a dispute of a different sort.

Sellers using PayPal in conjunction with Godaddy are particularly affected by this scam, as Godaddy tends not to get involved and PayPal does not offer seller protection to domain (or other digital media) sellers.





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I have heard here that sending invoice is good option.

 

I'd like to add on to the tips you have already received:

1)Always search your buyers username (and other variations of the name)to see if there are any red flags in threads associated with the user.
2) Take screen-shots of various stages of the transaction, with headers and time(date stamps) for your records...and also to help you prove your case, should they end up scamming you.
I recommend screen-shots of your account showing you had possesion of the domain. Screen-shots showing you transferred it and to whom it was transferred, Shots of the Payment details, Shots of the WHOIS records 12-48 hours after transfer showing they took possession.

3) On a similar note, keep good records of all the e-mails you receive from the registrar documenting the changes.
4) For amounts you cannot afford to risk, do NOT use PayPal...PERIOD.
There are options that offer you some measure of protection as a domain seller and PayPal is simply not one of them.


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I'd like to add on to the tips you have already received:

1)Always search your buyers username (and other variations of the name)to see if there are any red flags in threads associated with the user.
2) Take screen-shots of various stages of the transaction, with headers and time(date stamps) for your records...and also to help you prove your case, should they end up scamming you.
I recommend screen-shots of your account showing you had possesion of the domain. Screen-shots showing you transferred it and to whom it was transferred, Shots of the Payment details, Shots of the WHOIS records 12-48 hours after transfer showing they took possession.

3) On a similar note, keep good records of all the e-mails you receive from the registrar documenting the changes.
4) For amounts you cannot afford to risk, do NOT use PayPal...PERIOD.
There are options that offer you some measure of protection as a domain seller and PayPal is simply not one of them.


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Thanks friend for your help. It appears you have been scammed before

 

Sorry for the double-post.
I didn't catch it until just now...when it was too late to edit or delete.

Well, I haven't actually been scammed yet...but I am a firm believer in being proactive rather than reactive.
Plus I read threads about scams all the time.
Started when I was writing a research article a few years ago...and I've been glued to such threads since!
It's interesting to see the subtle ways in which these scams evolve.

Anyway, anyone...even the most careful of persons can get scammed.
It's up to each one of us to minimize those odds.
It may take some work, but it is certainly well worth it if in the end you've saved yourself some heartache and headaches.

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Don't go by the post count as people can increase the post count doing nothing special.