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Should I transfer the sites first then receive money later?

Discussion in 'Site Flipping' started by hotpassion, Jun 9, 2011.

  1. hotpassion

    hotpassion Junior Member

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    Hi all,
    I need your advices about my fliiping sites.

    I have just sold a site in flippa for 6k. Since this is my first time selling in Flippa so I don't have any positive feedback, the buyer don't agree to transfer the money to me first. He asked me to transfer everything to him first, when transfer completed, he will send the money via wire transfer.
    About the buyer: he has been a member for 4 years with good feedbacks and +14 Trust point.

    Should I do this?

    Thanks for your advices.
     
  2. Pepper Jr.

    Pepper Jr. Jr. VIP Jr. VIP

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    I guess it was okay in that instance but Its not a good idea in general. I just got scammed for a site that way
     
  3. Jonny Quick

    Jonny Quick BANNED BANNED

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    For 6K, I think you could spend a minimum for an escrow service to make certain everything goes well.
     
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  4. bryanon

    bryanon Executive VIP Premium Member

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    As Jonny Quick said above, go with Escrow mate.

    I do a lot of direct wires both when buying and selling, and sometimes wire funds before getting the site but doing this requires both parties to be comfortable with the deal, trust each other and have proper contracts signed etc.

    If there's any doubt then an escrow service is the way to go.
     
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  5. Codythebest

    Codythebest Senior Member

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    You send me your files, he send me the money, then I do the exchange...
     
  6. bryanon

    bryanon Executive VIP Premium Member

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    Got your one way ticket to the Bahamas booked already?
     
  7. super11

    super11 Jr. VIP Jr. VIP

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  8. Codythebest

    Codythebest Senior Member

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    Yep, a nice hotel. Just need 6 grands and something that makes money on a regular basis away from home ;)
     
  9. fmycampus

    fmycampus Registered Member

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    Yes, but don't transfer domain until after