A Website I sold

Discussion in 'Legal Issues' started by Mike.LA, Feb 13, 2008.

  1. #1
    Hi,

    I recently had a deal with a person who bought my website, submitted payment in my paypal account. I was wondering, what should I need to be safe on my side.. I mean just to be sure, I'm transferring everything to him. the domain, hosting etc etc...

    Are there any other bits that are necessary to keep in mind?

    Thanks
    Mike
     
    Mike.LA, Feb 13, 2008 IP
  2. addaminsane

    addaminsane Well-Known Member

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    #2
    I'm confused, if he already paid you in paypal, it seems your the one with the current edge and he should be worried.
     
    addaminsane, Feb 13, 2008 IP
  3. jimmybloggs91

    jimmybloggs91 Peon

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    #3
    make sure the payment is cleared and in your bank account before you give him anything.
     
    jimmybloggs91, Feb 13, 2008 IP
  4. WhatsTheRent

    WhatsTheRent Peon

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    #4
    how did he pay on paypal? did he use a credit card? I had a person buy something from me with a stolen credit card on paypal (of course I had no idea at the time). When the person who actually owned the card saw the charged, it was reversed. Not only did they suck the money right out of my account, but they slapped me with a fee for accepting a stolen credit card.

    total shaft.

    That said, I'm dont know what you can do to make sure that payment does not get reversed. Paypal seems to be safer for person doing the buying than the selling.
     
    WhatsTheRent, Feb 13, 2008 IP
  5. Paul1011

    Paul1011 Active Member

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    #5
    Stay away from the paypal echecks they take over a week to go through and can go NSF a week after the money is in your paypal account.

    paul
     
    Paul1011, Feb 13, 2008 IP
  6. zeldaze

    zeldaze Active Member

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    #6

    Not only that, they can cancel the echecks whenever they feel like. They are dodgy as hell.
     
    zeldaze, Feb 13, 2008 IP
  7. Chancey

    Chancey Well-Known Member

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    #7
    He has already paid you. Why are you thinking like that?
     
    Chancey, Feb 14, 2008 IP
  8. koahost

    koahost Active Member

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    #8
    Don't use paypal if your selling a site for big money.. The buyer could of used a stolen paypal, our he could use a dispute and get his money back.

    Selling sites is always a risk try to get some information about the buyer before you sent things over.

    Our make a deal that you keep the domain until the payment is cleared.

    Paypal has these little failures that make it alot harder for the seller then the buyer. There is no way to get your goods,service back but there is always a way to get the money back
     
    koahost, Feb 14, 2008 IP
  9. -jay-

    -jay- Well-Known Member

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    #9
    heres a few tips for paypal.

    dont let a buyer use a credit card ever. You can tell if he did, it will show in payment details.
    Never accept an Echeck (a buyer cannot cancel an echeck in there acct, but they can simply empty there bank account, after a certain amount of days the echeck automatically cancells)
    When selling a domain/site make sure the buyer checks the *service* option so they they cannot say they purchased a physical item from you and never received it.

    if they check service...... and file a claim on you after you transfer domain/site to try and scam you for money back.........dont do anything. dont answer the complaint. dont respond at all. paypal does not refund payments for services and the dispute will automatically be closed.
     
    -jay-, Feb 14, 2008 IP
  10. jimmybloggs91

    jimmybloggs91 Peon

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    #10
    i thought you just had to say nontangible good. not replying doesnt help
     
    jimmybloggs91, Feb 14, 2008 IP
  11. -jay-

    -jay- Well-Known Member

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    #11
    Ive done this when people have tried to scam me after a sale. Just dont respond. The claim will be dismissed after 2 weeks or so.
     
    -jay-, Feb 14, 2008 IP
  12. tinner666

    tinner666 Peon

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    #12
    In the case of a theft, don't forget to report it here: wwwdotic3.gov/
     
    tinner666, Feb 14, 2008 IP
  13. shugz

    shugz Guest

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    #13
    Transfer the money from paypal into your bank first
     
    shugz, Feb 14, 2008 IP
  14. georgezzz

    georgezzz Guest

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    #14
    I sold a site I created that did phenomenally well for, let's say, a rather large sum. It was paid via PayPal. Here's what happened.(it wasn't fun, to say the least)

    First, the person approached me and we negotiated a deal and settled on a dollar amount. He only had a credit card to pay.

    He used PayPal to pay me. I withdrew the money from PayPal to my bank. I then gave him all pertinent details and as far as I was concerned, the deal was done.

    A few weeks later I get an e-mail from PayPal saying the owner of the account was disputing the charge. Naturally, I immediately tried to get a hold of the buyer to find out what the hell was going on. I e-mailed, no word. Called the number I had for him, no word. Looked up the new domain registration info, sent e-mail to the registered e-mail, a letter to the physical address and called the numbers listed. Nothing.

    I went back and forth with the legitimate owner of the account for about 2-3 weeks while trying to stall long enough to get in touch with the buyer. Although I knew at this point I'd been fucked, I still had to try.

    Weeks go by. Then PayPal decides to go with the owner of the account, and suddenly sucks my PayPal account several thousand dollars in to the red. Then they try several times to pull a debit from my bank account for the amount. Luckily, I'd already withdrawn it and moved it to a safe location after the initial report of possible fraud.

    Long story short: I owe PayPal a shitload of money for a deal I got fucked on. Their answer? Too bad. I feel like I shouldn't have to pay them anything, so thus far I haven't. They definitely red-marked my credit report though. :mad:


    Word of advice: Refund his PayPal payment and ask that he send you either a certified bank check or a money order. It's just not worth the bullshit to put yourself through that ordeal. Trust me. Plus, their fees sucked a big chunk out of the cash that I DID get. You're better off at a bank. Seriously.
     
    georgezzz, Feb 14, 2008 IP