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Old 03-10-2007, 11:05 AM
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Experience: Buy Domain from stranger

any one here have buy domain from stranger before? I get some nice domain and good offer in some other forum, and I have no experience with this kind of deal...

any thing need to worry? any step need to take? such as the ownership of the domain, how to transfer it?
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Old 03-10-2007, 01:51 PM
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Quote:
Originally Posted by calvynlee View Post
any one here have buy domain from stranger before? I get some nice domain and good offer in some other forum, and I have no experience with this kind of deal...

any thing need to worry? any step need to take? such as the ownership of the domain, how to transfer it?
bro, dont give him money first. After transfer everything to your ownership, you change password, then you pay him. Make sure the domain transfer to you!
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Old 03-10-2007, 04:01 PM
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i guest buyer must pay 1st rite?
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Old 04-10-2007, 07:30 PM
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this will become a dead lock situation lioa...one said paid first and the other say transfer first?? which one go first?

i think there should have some reputable escrow service that deal with this kind of issue....
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Old 14-10-2007, 01:27 PM
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iamfreelancer surely point out the dead lock situation...

2 parties engaging in this kind of transaction is very risky... wonder if anyone out there provide escrow service...It's niche if someone establish one especially for domain name :P off course with small amount of SO(service charge)

-Don't pay for something you haven't receive
-Don't give something if your'e not paid for it yet

If your location is near to the buyer, then the transaction should be easier cause you can deal face-to-face and on the spot with the person..

Maybe the registrar of the domain can play some minor role in the process of transaction. You can contact them and express the situation and the need for the registrar as 3rd party to make sure the confirmation of money transaction and domain transfer is running smoothly(although I haven't done such stuff)...
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Old 15-10-2007, 01:20 AM
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godaddy have this kinda escrow service called Domain Buying Service... but the charges are quite expensive though...

From godaddy site...
Quote:
Domain Buy Service
Just $59.99 per domain name + commission*

Our Professional Domain Buy Service provides personal Domain Agents who will:

- Complete a Certified Appraisal within 2 business days of service purchase.
- Attempt to contact current domain owner, to determine interest in selling their domain.
- Negotiate the sales price of your desired domain (if the owner is willing to sell their domain)
- Help facilitate the sales transaction (if a sales agreement is reached).

* 10% commission or $10.00 fee will be charged (whichever is greater) if the name is successfully purchased. Fee is non-refundable.
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Old 05-11-2007, 10:22 AM
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Cool

kalau small amount, can do private transaction.

kalau RM1,000 or more, use escrow -- they usually take 10% or lower, but with a certain minimum around $50 as a fee.

or just use trusted party. anybody know if Malaysia has local escrow service for lower cost. $50 mahal ma. RM50 xpe larr.
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Old 05-11-2007, 10:24 AM
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Wink

or bayar pakai Paypal, credit card etc. -- make sure, your transaction is guaranteed as well by this payment mediation. at least boleh komplen later on. avoid cash.
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Old 05-11-2007, 10:40 AM
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for local, every bank have provide "bank guarantee" service...

some thing like bank be the middle person who hold the money, once the receiver receive the sender stock and satisfy, receiver will inform bank to release money to sender

Sender=seller
receiver=buyer

there are some fees there, but i dono how much is that.
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Old 06-11-2007, 01:16 AM
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Selling domains to strangers

Escrow service, bank guarantee,etc are costly. Not economical unless big bucks are involved.

I didn't encounter any difficulties when selling about 5 domains to strangers (between USD100 to USD500 each) the past two years. The last one was SEOgeek.com.

There was a bit of a problem when trying to sell 1stGirl.com because some big bucks were involved. I prefer to sell it locally.

Anybody interested in 1stGirl.com and AdsenseForDummies.com?

AdsenseForDummies.com is going to be a hot property because a book entitled "Adsense For Dummies" by Wiley will be out soon. Google had expressly indicated via an email that Adsense ads were not allowed at that site.

Last edited by Ainuddin; 06-11-2007 at 01:23 AM.
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