Domain name sale questions

Discussion in 'Domain Names' started by ricks, Sep 28, 2008.

  1. #1
    Which is the safest way to sell a domain name?
    How about Western Union to accept the payment?
    Thanks.
     
    ricks, Sep 28, 2008 IP
  2. glendowney

    glendowney Notable Member

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    #2
    I'd say Moneybookers, WU or EScrow would be safer than paypal, but a lot of people use paypal, so maybe put off if you insist on using WU, MB etc.

    However if your domain name is going to sell for a lot of money then definately look at Escrow or something different to PayPal.

    PayPal is risky as the buyer can do a chargeback and then get the domain and their money back, leaving you with nothing.
     
    glendowney, Sep 28, 2008 IP
  3. bogobogo

    bogobogo Peon

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    #3
    If you have credit card - Why do you need pay pal? What is the difference?
     
    bogobogo, Sep 28, 2008 IP
  4. SoftMantra

    SoftMantra Peon

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    #4
    Hi,

    I would say credit Card or Moneybookers.

    Don't use paypal for domain business.
    Once they pay you for domain very next day they may open dispute for non authorized payment.
    My friend had a same story.

    SoftMantra
     
    SoftMantra, Sep 28, 2008 IP
  5. ricks

    ricks Peon

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    #5
    Thanks for the responses.
    When we talk about WU,how does the buyer make sure that the seller will transfer the domain (or give the transfer key) after the seller has got his payment?
     
    ricks, Sep 28, 2008 IP
  6. Vic_mackey

    Vic_mackey Banned

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    #6
    WU is great for the seller as there is absolutely no way to charge it back once its transferred. For the buyer though its not worth using as the same is true - no way to get your money back when it goes wrong!
     
    Vic_mackey, Sep 29, 2008 IP