How to receive paymente for sold domain

Discussion in 'Domain Names & Parking' started by funkymozi, Jan 30, 2013.

  1. funkymozi

    funkymozi Regular Member

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    Hey guys, I just received an offer for one of my domains. This is my first domain i would be selling and have to idea on what the proper procedures for receiving payments are. I had my domain lsited on sedo and the guy wanting to purchase contacted me directly, I gave him a price and he agreed. No negotiating or anything which to me makes it seem a little fishy. What procedures should I take in order to avoid getting scammed.
     
  2. ahiddenman

    ahiddenman Elite Member

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    Escrow would be your best bet :) (Safest for both parties) or even Western Union!
     
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  3. funkymozi

    funkymozi Regular Member

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    Is there any risk on taking the direct bank deposit route? Once the payment is made can the buyer pull out and request a deposit cancellation?
     
  4. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Use Escrow.com. Sedo also have an Escrow system but it's a bit more expensive.

    Do NOT accept any other form of payment (wire, western union etc.) unless they pay BEFORE you send the domain. Whatever you do - don't send the domain before getting paid. You will get scammed and you will come back here complaining...
     
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  5. funkymozi

    funkymozi Regular Member

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    Thanks for the help guys. :)
     
  6. Fartmaster

    Fartmaster Registered Member

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    I would go the route of escrow.com also, been there done that, it is secure.
     
  7. funkymozi

    funkymozi Regular Member

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    It looks like this guy is a scammer. Now he wants me to 'order' a professional appraisal.
     
  8. dragonno

    dragonno Newbie

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    Tell him he can do that at Sedo himself.
     
  9. funkymozi

    funkymozi Regular Member

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    Thats what i did, just told him to place a bet on sedo if he was interested. Bastard
     
  10. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Definitely a scam :)
     
  11. funkymozi

    funkymozi Regular Member

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    just so that others dont waste this are the personal details in the email: David Rapoport

    CEO

    Total Hosting Solutions Inc.
     
  12. izkech

    izkech Power Member

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    And he own the professionnal apraisal service he is going to suggest you to use..and pay him the fees..scamer !!