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How do I SAFELY buy a website from this seller?

Discussion in 'General Chat' started by arkueckelhan, Jul 21, 2011.

  1. #1
    I initiated contact with the seller. I know 100% that they are the rightful owners of the domain and its content. But, I still don't want to take the chance that they just won't deliver. The purchase price is $2,000 for the domain, site, forum, all content, etc. so this isn't a small chunk of change for me to be risking.

    note:this is not via digitalpoint so there is no itrader. I came here be you guys are experts and I have had many successful purchases here.

    How do I properly use escrow to purchase the site? the seller said we would do it and then I release the money and he releases the domain. But to me it seems like he should release the domain and then I release the money considering he can force the release of my money if I tried to run off with the domain.

    Also, I heard from the forum that SEDO is a good service for domain names. How would I properly use that service?


    Is there a third party service that will literally take the domain from the person, take my money, and conduct the transaction simultaneously?


    I figure the safest bet would be to try and transfer the domain for like $500 and then a secondary transaction for all the content, once I know it is safe. Because it wouldn't make sense for either of us to not front the money or content at that point.
     
    arkueckelhan, Jul 21, 2011 IP
  2. abhijit

    abhijit Notable Member

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    #2
    you just need to use escrow and release payment once you transferred the domain, i can suggest you that use a new domain registrar instead of free push the domain , you just transfer the domain to new domain registrar, once you get the domain to new registrar then release the payment.
     
    abhijit, Jul 21, 2011 IP
  3. shareservices

    shareservices Peon

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    #3
    Make sure it's escrow.com, that's the most trusted escrow service as well as the most widely known and used.
     
    shareservices, Jul 21, 2011 IP
  4. rubeljoy

    rubeljoy Peon

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    #4
    How much money they take for escrow service?
     
    rubeljoy, Jul 24, 2011 IP
  5. ЄxDeus™

    ЄxDeus™ Well-Known Member

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    #5
    use escrow and also look up his information, people are less likely to scam you if you have a telephone number and photo of them.
     
    ЄxDeus™, Jul 25, 2011 IP
    DomainMagnate likes this.
  6. DomainMagnate

    DomainMagnate Illustrious Member

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    #6
    DomainMagnate, Jul 26, 2011 IP
  7. Sharpener

    Sharpener Peon

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    #7
    escrow is the best and safely payment processor
     
    Sharpener, Jul 27, 2011 IP
  8. tarakesh.rao

    tarakesh.rao Peon

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    #8
    You can use a escrow

    Or to lower the fees of escrow you can post a project in any frelaancer service and ask the seller to bid their, and award the project and make milestone escrow payment - its cheap 

    Then on complete verification, you can release the payment.

    Best way i guess
     
    tarakesh.rao, Aug 1, 2011 IP
  9. wptheme

    wptheme Well-Known Member

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    #9
    There are other alternative if you don't want to use Escrow. but you will need to trust each other.
    Google "transfer website safely"
     
    wptheme, Aug 2, 2011 IP
    Ausdrez likes this.
  10. 88dbsakthi

    88dbsakthi Peon

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    #10
    Rather than taking a risk for whole amount , a portion of service fees for escrow service is nominal.
     
    88dbsakthi, Aug 8, 2011 IP
  11. arkueckelhan

    arkueckelhan Active Member

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    #11
    Just wanted to make a note that the sale went through without an issue... just used paypal but mostly safe due to diligence in authenticating actual ownership of the domain
     
    arkueckelhan, Aug 9, 2011 IP
  12. optimus777

    optimus777 Peon

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    #12
    make an escrow payment by stages and release funds once stages is complete
     
    optimus777, Aug 11, 2011 IP
  13. richlifenews

    richlifenews Peon

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    #13
    this should be the least of your problems. congrats on the buy.
     
    richlifenews, Aug 13, 2011 IP
  14. speakerphooone

    speakerphooone Peon

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    #14
    I would NOT recommend using a partitioned escrow payment, because I have been duped before in a large purchase where they just scammed me of the first chunk and took off with it. For what its worth, I guess I'm a cynic because of my one experience. Plus, $2000 is a fair price so it's not one of those, too good to be true purchases. Either way, I'd caution you ot be careful so that you don't make the same mistake as me, $1k down from that mistake.
     
    speakerphooone, Aug 24, 2011 IP
  15. icey7

    icey7 Well-Known Member

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    #15
    Hey you may want to consider paypal, they have some of the best Buyer protection around
     
    icey7, Sep 3, 2011 IP
  16. averyz

    averyz Well-Known Member

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    #16
    this is not true, if you get the domain and don't pay him he is screwed. If you pay him with Paypal or a credit card and do not get the domain you can do a charge back or look for recourse through your credit card company.
     
    averyz, Sep 3, 2011 IP
  17. gigabeam13

    gigabeam13 Peon

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    #17
    congratulations on your success, it's good to know there are still honest ppl in the digital world
     
    gigabeam13, Sep 4, 2011 IP
  18. phyodor

    phyodor Greenhorn

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    #18
    just use a guarantor, agreed by both sides
     
    phyodor, Sep 13, 2011 IP
  19. catmma

    catmma Greenhorn

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    #19
    Offer a fraction of the money upfron and then wait for him to deliver then pay the rest
     
    catmma, Sep 13, 2011 IP
  20. onge

    onge Member

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    #20
    I would just use paypal if i was you and if he doesn't send you the site then you can just do a charge back and get your money back
     
    onge, Sep 14, 2011 IP