1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Selling website

Discussion in 'Domain Names & Parking' started by J0kerz, Feb 5, 2010.

  1. J0kerz

    J0kerz Supreme Member

    Joined:
    Nov 2, 2009
    Messages:
    1,413
    Likes Received:
    435
    Occupation:
    IM
    Location:
    There
    Hey guys,

    I just found out someone that is ready to buy one of my website. I was wondering how can I do the transfer and stuff? Should I use an escrow?

    Wich tool can I use to make sure I do get the money and I am not getting scammed?

    I thought of doing something like this:

    1. Client pay half the price ($) via paypal
    2. I transfer domain name
    3. Client pay the rest ($)
    4. I send him all html/php pages and stuff

    How can I deal with selling a website on my own?

    J0kerz,
    ;)
     
  2. rickstar

    rickstar Elite Member

    Joined:
    Dec 9, 2009
    Messages:
    1,979
    Likes Received:
    871
    Home Page:
    It really depends on how much he is paying you for the website. If it is anything above $1,500 I'd suggest you use Escrow. Otherwise just make teh transaction through Paypal.


    What you thought of works just fine, so you can stick to that unless of course he is fine with just doing a downright payment first. :)
     
  3. Codythebest

    Codythebest Senior Member

    Joined:
    May 29, 2009
    Messages:
    1,138
    Likes Received:
    880
    Location:
    Fuerteventura
    Home Page:
    One word: escrow.com...You have been warned...
     
  4. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

    Joined:
    Sep 24, 2008
    Messages:
    3,816
    Likes Received:
    13,920
    Use escrow for anything over $500, use Paypal at your own risk.

    May cost a bit more but trust me it pays to use it
     
  5. J0kerz

    J0kerz Supreme Member

    Joined:
    Nov 2, 2009
    Messages:
    1,413
    Likes Received:
    435
    Occupation:
    IM
    Location:
    There
    How are the escrow's fees?
     
  6. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

    Joined:
    Sep 24, 2008
    Messages:
    3,816
    Likes Received:
    13,920
    It's about $50 I believe and then you might have to pay extra to get the money wired to you.

    Get buyer to cover fees anyway
     
  7. Spud Jr

    Spud Jr BANNED BANNED Premium Member

    Joined:
    Sep 16, 2009
    Messages:
    326
    Likes Received:
    118
    ESCROW ESCROW ESCROW.. Did I scream that loud enough..

    You are safe, sound and covered. Also right up a contract of the sale. Give allotted time frames, etc.

    Good Luck!
     
  8. GreenGoblin

    GreenGoblin BANNED BANNED

    Joined:
    Jul 17, 2008
    Messages:
    1,493
    Likes Received:
    2,564
    Escrow all day, paypal will bend u over no homo
     
  9. famtaro

    famtaro Registered Member

    Joined:
    Nov 8, 2009
    Messages:
    79
    Likes Received:
    10
    escrow is the one answer for that
    but if your transaction under 500 $
    paypal maybe can help u :D
     
  10. dizz

    dizz Elite Member

    Joined:
    May 19, 2009
    Messages:
    2,068
    Likes Received:
    1,774
    Occupation:
    This... AND MORE!! :D
    Location:
    Texas
    yes escrow all the way...i know about this the hard way.
     
  11. J0kerz

    J0kerz Supreme Member

    Joined:
    Nov 2, 2009
    Messages:
    1,413
    Likes Received:
    435
    Occupation:
    IM
    Location:
    There
    Argg I dont know what to do. I am selling a website for 650$. If I use an escrow (50$ fee), it's gonna hurt..

    If I sell my website using Flippa, do they include an escrow service?
     
  12. TheUploader

    TheUploader Registered Member

    Joined:
    Dec 30, 2009
    Messages:
    53
    Likes Received:
    26
    Actually, I have sold many sites and used paypal. I am pretty sure if you send the money as a personal payment you cannot open a dispute. Also, I called paypal about this. If you use the Request Money feature. In the note or description, if you put that this is for the sale of the website blahblah.com they will not refund the money. Paypal does not handle ANY digital transactions. Just my 2 cents. If it's over $2000 in my mind tho, escrow is a small price to pay.
     
  13. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

    Joined:
    Sep 24, 2008
    Messages:
    3,816
    Likes Received:
    13,920
    No, Flippa don't take any part in the transaction aside from listing site for you.

    Depends who you are selling it too and how much that $50 means to you. If you have a contract, know the buyer well/good rep and you have a Paypal business account you could risk it.

    Or just do a direct wire if buyer is happy with that - just make sure you have contracts all signed beforehand.

    Escrow is the better safe than sorry method though...

     
  14. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

    Joined:
    Sep 24, 2008
    Messages:
    3,816
    Likes Received:
    13,920
    That's not a sustainable way to use Paypal - buyers won't always pay using "personal payment" it just screams scam.

    Paypal are a joke anyway, they lie on the phone etc and will happily limit your account without notice. I had a guy buy a site for $2k off me, chargeback, they banned my account even though I eventually won the dispute. Lesson learnt.

    Proceed at your own risk...

     
  15. J0kerz

    J0kerz Supreme Member

    Joined:
    Nov 2, 2009
    Messages:
    1,413
    Likes Received:
    435
    Occupation:
    IM
    Location:
    There
    Are you telling me not to use Paypal at all? I mean if I use Escrow.com and the payment is done to my paypal account. Would that be safe?
     
  16. Bel fiore

    Bel fiore Newbie

    Joined:
    May 24, 2009
    Messages:
    43
    Likes Received:
    6
    Location:
    Outlaw
    Inform the buyer of the situation and have him cover 50-100% of the fees
     
  17. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

    Joined:
    Sep 24, 2008
    Messages:
    3,816
    Likes Received:
    13,920
    Yeah that's fine, or you have to pay to get it wired to your account as well. Adds up pretty quick.

    I just wouldnt recommend using for the whole transaction :)
     
  18. J0kerz

    J0kerz Supreme Member

    Joined:
    Nov 2, 2009
    Messages:
    1,413
    Likes Received:
    435
    Occupation:
    IM
    Location:
    There
    Allright I think Ill do it. Wire transfer.

    I will check what are Escrow.com fees. I hope they are not THAT big.

    Thanks buddy!

    Does anyone know a good Escrow company? (smallest fees)
     
  19. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

    Joined:
    Sep 24, 2008
    Messages:
    3,816
    Likes Received:
    13,920
    I use escrow.com - you get what you pay for
     
  20. J0kerz

    J0kerz Supreme Member

    Joined:
    Nov 2, 2009
    Messages:
    1,413
    Likes Received:
    435
    Occupation:
    IM
    Location:
    There
    Hmm, heres the answer of my client after I talked about Escrow.com


    Is paypal safe if I get the money first? I mean, once the money will be in my paypal account, everything will be fine right? There is no way he can sue me or anything?
     
    Last edited: Feb 6, 2010