Imo, using an escrow service is a very good idea when selling/buying a domain name.
Swerve > From: George Kirikos <[EMAIL PROTECTED]> > Date: Thu, 17 Oct 2002 09:18:46 -0700 (PDT) > To: Brian <[EMAIL PROTECTED]>, [EMAIL PROTECTED] > Subject: Re: Change of Account / Profile for sold domain ? > > Hello, > > --- Brian <[EMAIL PROTECTED]> wrote: >> I know I can change profiles and put it into its own profile, but >> what >> happens to billing in those circumstances ? surely it is still in my >> account, but just under another profile and therefore I am still >> responsible >> for its renewal payment? > > Yes, normally you'd simply create a new profile, and push the domain > into that profile. Or, alternatively you can change the WHOIS > information to that of the buyer, and keep it in your own existing > profile, BUT DO NOT SEND THEM THE PASSWORD (otherwise they'd have > access to all your domains). Then, once they've confirmed the sale and > you've received funds, they can transfer the name to their own > registrar of choice (you'd be responsible for any renewal fees, or > could invoice them). > > I'd recommend not giving them the admin username/password, and push the > name to a new profile with their WHOIS, but retaining control of the > name in case you don't receive payment. It requires trust on their > part, though. It depends if you've got a good enough reputation with > them that they'd give that trust. Keep the name under Domain Lock, too, > until you have secured funds, so that they can't initiate a transfer, > and renege on payment. > > I've suggested in the past that it might be a nice profit center for > Tucows/OpenSRS to do some escrow work on the side. Could conceivably > charge less than Escrow.com, and also be more assured about the > transfer, as they are the registrar for the domains (and could do > domain lock, etc. to protect buyers and sellers). They'd have a good > audit trail of changes to the domain records, in the event of a > dispute. > > Sincerely, > > George Kirikos > http://www.kirikos.com/ > > __________________________________________________ > Do you Yahoo!? > Faith Hill - Exclusive Performances, Videos & More > http://faith.yahoo.com
