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Selling domains or whatever else can be challenging if you do not know what you are doing. You can get into some pretty shady things, and that is not something you want. This is why I decided to review Escrow, one of the most secure ways of selling/buying business, domains, etc. I am pretty sure you understand why the fuck this is very important. If you’d like to know more, keep on reading.
Secure method of payment
In simple words, Escrow.com is a financial arrangement where a third party will hold and regulate the payment of the funds needed for the two parties involved to make a transaction. This will make your transaction a lot more secure as it keeps the payment in a secure account, and it will only be released when all of the terms of the agreement have come into play.
If you are making a deal and a large sum of money is involved, wouldn’t it be easier for you to know for sure that you will get what you want? For example, if you are selling stuff, you want the person to give you the money before you sell your shit, right? But, they also want to get your product before they give the money. This is where the conflict starts.
With Escrow.com, they will handle the money for you. Basically, Escrow.com will hold all the money in an account until all the terms agreed upon beforehand have come into play. If that does not happen, then both parties will get what is rightfully theirs, and that’s that. This way, you do not have to worry whether you will receive the product or money; Escrow.com does all the worrying for you.
How does Escrow.com work?
This all sounds lovely, but how does Escrow work? Well, it all depends on what the fuck you need Escrow for. Let me give you a rundown of how it all comes to be. First, a buyer and a seller have to come to the same terms of the agreement. You agree on stuff before the money even comes into play, and that is something that Escrow will have access to.
After that, the buyer will pay Escrow the requested amount, and the money is kept within their secure account, so you do not have to worry about that shit. Once Escrow.com verifies the payment, the two of you can start discussing the details. The seller will ship the product or provide the services to the buyer, depending on what the fuck you offer.
If the buyer accepts the merchandise and sees that it is what they purchased, they have an option to accept or reject it. If the merchandise is rejected, it is returned to the seller. If the merchandise is accepted, then the seller will get the money sent to them by Escrow.com. That’s that. It is straightforward to understand if you ask me, but if you need more info, there is a nice explanation video you can check out.
This all works smoothly because Escrow has it figured out. They are familiar with all the necessary steps. Every time you decide to log onto the website, the status will be updated as well. You will be informed exactly when the transaction is in process and what you need to do next for everything to be approved. So, it does not matter if you are a buyer or a seller; you will get a step-by-step explanation of what you should do to make your life so much easier.
Once you have made a transaction through Escrow.com, the money will be held in a secured account. When the transaction is completed, the funds will be sent to the seller, and this is the easiest way to make sure that you are protected against chargebacks, wrongly described goods, or fraud. You can learn more about the Escrow accounts on their website.
Great support service
If you run into any issues or have some questions overall, Escrow.com has great customer support. All you need to do is write to them, as they offer personal service behind every transaction. Their services are licensed, regulated, and backed by their experience and knowledge. The team that works on Escrow.com is pretty darn knowledgeable when it comes to this shit.
If you still have additional questions, you can call them on the phone during workdays from 8 am to 11 pm. If the time zone does not work for you, there is always an option to send them an email instead. This also depends on where you are from. However, Escrow.com always tries to reach out and solve your problems from what I have seen. They also respond very quickly, and while you can send them a message explaining your situation, you can also send them a question instead. They will respond to every email.
Selling domains!
As soon as you open Escrow.com, you have an option to sell whatever the fuck you want. There is a box for you to check what you are selling and for how much. Once you do that, you can proceed to find a buyer. Now, for you to do this, you will first have to register. The registration to Escrow.com is simple and free.
Once you register, you will get to access all the goodies on the website. Of course, Escrow will take a % of the payments for providing the service, but that makes good sense. Anyway, the money can be sent through wire transfer, money order, credit card, and PayPal.
You are also given a free calculator to see how much all of this will cost you. In case you would like to sell your domain, Escrow.com has all the necessities for you to do that. I mean, that is what makes the website so darn good if you ask me. It does all the work for you. Hence, just input whatever you want to sell and enjoy the rest.
The calculator will tell you exactly how much they are taking and what for. You also get to see the distribution of payments with the brokers or whatever the fuck. I mean, all that information is listed within that page, so check that shit out.
Whether you are selling or buying domains, Escrow has your back. They will protect you from fraud and all that kinds of crap. Escrow.com will hold the payments until all the terms are met. When the terms are met (in this case, when the domain has been transferred), Escrow.com will send the money to the seller. If that does not happen, the funds will be returned to the buyer. It is as simple as that.
With the help of Escrow.com, you will not have to worry about the payments. Plus, the fees for money holding and transferring are pretty darn low. Again, you get to see the costs and all that on the website. They have a nice table of all the fees, and what you are paying for exactly. Not to mention, there is an FAQ section dedicated just to the domain transfers and transactions.
Conclusion
Even if you don’t know much about selling or buying domains, Escrow.com does all the work for you. Of course, you are still the one who has to transfer the domain to the buyer; otherwise, you will not receive the money. Escrow.com will check the WHOIS database and see if the Buyer’s name will appear in the Register as the said domain owner.
This way, the buyer can rest assured that they will not waste money on flukes. The funds will be returned to the buyer if there are any issues with the merchandise. In case you run into any problems, you are more than welcome to contact customer support for more help. I already mentioned how you could do that. All of this applies to sellers, too; you get peace of mind and security knowing that you will receive money for the shit you are selling.
In case you do not know how to transfer domain names, Escrow.com has a tutorial written about that. You get to learn more about the transfer, how it is done, how you can do it, and so on. Selling your domain has never been so fucking easy. Now you can know that you will receive the money you deserve as long as you hold up your end of the deal.
PornDude likes Escrow's
- Sell your domain securely
- Safe for both the seller and buyer
- Low fees
- Free signup
PornDude hates Escrow's
- Nothing