I have a domain I am selling to a buyer. He really wants to buy it and tells me his is saving up the money to pay for it ($350). As a way to be nice, I'm thinking of making him an offer: He pays for what he can for the domain up front, and then I will change the name servers on the name to his host. That way he can start developing the site and pay me back when he gets the rest of the money. If he doesn't pay me the rest, I can change the name servers back to my host. Does this sound like a safe plan do you guys? I just thought I'd make sure before going ahead with the offer.
Yes its an ok plan. Though i rather go professional and safe by letting him make the full amount of money. Its very hard to trust people on the internet. It your call overall though.. Good Luck!
don't go with any down payments... if you want you could accept a deposit.. (10% of the total price -- $35) and hold the domain for the peep for a set amount of time.. also, if you want to you can set it up so the peep can develop and host the site until they have the rest of the money to pay (in full).. once the payment of $315 is received and cleared.. thats when you transfer the domain over. Or use a domain transfer intermediary.. *safer for both sides... otherwise, if you want you can risk doing it your way... just don't allow the peep to have access to editing the registration data or any major admin functions beyond allowable hosting access... make a contract stating the time the option period will expire if the peep fails to pay the balance and you should be in the clear.. they're not taking any rights to the domain.. only revocable webmaster privileges.. ^_^
Full price. If he can't pay the full price, forget it. What if he gets the domain banned by Google and no longer wants the domain? What if he tries to use AdSense and gets the domain banned...? Too many issues that can come up with you allowing him use of the domain name before he pays. If he gives you a price that you're comfortable with up front, I'd say go for it... but if what you get wouldn't justify anything happening to the domain, NOPE!
I have done exactly what you have planned. Worked out well and since you get a solid down payment and still own the domain you get some time to make sure the payment doesn't chargeback. Your plan is safe..worse case he stops paying and you change back the nameservers to your own. Not sure why anyone here doesn't like the idea. I would rent out ALL my domains if I could.
It would be a risk, but might turn out good in the end. I think the guy buying it is risking more IMO
I would go money upfront. A new owner that hasn't paid yet could get the site banned from adsense or de-indexed by google and then the domain may be devalued. The tough reality is you have no idea if you can trust this person.