My high value domain purchases and sales that aren’t completed in private are finalized using Escrow.com. In January, the company announced that it had completed over $1 BILLION in transactions, and I would imagine a large percentage of those transactions have been domain names.
I just watched a Mixergy interview with Escrow.com CEO Brandon Abbey, and I think you’ll enjoy it. I couldn’t embed the interview below for some reason, so I highly recommend checking it out when you have a chance (it’s fairly long).
I also recommend checking out Mixergy for a wide range of executive interviews from a wide variety of people and companies.
My high value domain purchases and sales that aren’t completed in private are finalized using Escrow.com.
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Just wondering, from the above quote, sounds like your private sales are completed outside of escrow.com.
What other forms of payment do you use?
If this is too private, feel free to ignore and/or delete
@ AB
Many of my sales are to people with whom I’ve done deals and trust. All of those are typically done by verbal/email handshake followed by a wire transfer. Buyers know I am not going anywhere and if I didn’t trust them, I would use Escrow.com.
I will sometimes use Paypal on private deals under $5k, but my bank doesn’t charge me much for wires, and I’d rather not pay the Paypal fee when a wire is usually just as easy.