>>Escrow services are regulated by law, so it's not just as simple as >>being able to "do it yourself."
There are also several issues with international payments etc. The choice of operating location may make a difference too - outside the US (or Canada) will change legal requirements too! Len Thomson Auckland New Zealand ----- Original Message ----- From: "William X Walsh" <[EMAIL PROTECTED]> To: "George Kirikos" <[EMAIL PROTECTED]> Cc: <[EMAIL PROTECTED]> Sent: Friday, November 02, 2001 11:25 AM Subject: Re: Domain Transfer Escrow as an OpenSRS Offering -- Interest? Thursday, Thursday, November 01, 2001, 1:32:25 PM, George Kirikos wrote: > The advantages of an OpenSRS solution (I don't work for them, just > tossing out the idea) would be: > 1) offer lower fees than GreatDomains > 2) more timely/reliable payment than Afternic > 3) ability to LOCK the domain, and verify that ownership has truly I've actually investigated what it would take to start an escrow service, and I can tell you it is not as simple as it looks. The legal requirements alone are quite extensive, and could be quite costly to comply with. Escrow services are regulated by law, so it's not just as simple as being able to "do it yourself." -- Best regards, William X Walsh <[EMAIL PROTECTED]> Userfriendly.com Domains -- EFF SLAMS MAPS and similar services: http://www.eff.org/effector/HTML/effect14.31.html#II SafeSurf Warns Public about MAPS Censorship http://www.safesurf.com/press/press27.htm --
