Saturday Afternoon Thoughts and Updates

Today is the one year anniversary of Lonnie Borck’s passing. It is hard to believe it has been a year already. If you have a chance, you should try and do something kind for someone else this weekend. Lonnie was always helping others out when he could.

Here are some domain industry thoughts and updates:

The ICA website has some good information about UDRP filings and UDRP defense. For those who aren’t familiar with what to do after a UDRP was filed against a domain name they own, this is a good place to get information.

You probably noticed the NamesCon banners at the bottom of each article. NamesCon is offering readers two discounted ticket deals to January’s conference. NamesCon is coming up at the end of January.

For those people looking for a simple “for sale” landing page for their domain name, check out Carrd.CO. I used them to create the Revitalize.com landing page. This does not take the place of a more comprehensive offer management platform like Efty, but it is good for me for a few names I am looking to sell. Thanks to Peter Askew for sharing.

Payoneer Escrow has a special offer for new customers to save 50% off a transaction. This offer is valid through the end of 2017.

Speaking of escrow companies, I had very good experiences with both Payoneer Escrow and Escrow.com this past week. Both companies went above and beyond, and I appreciate it when they assist to make transactions easier.

Some people question why escrow is expensive. Just a few things that are within the scope of their work: preventing fraud, ensuring funds are delivered in the event fraud slips through, working with lawyers on both sides of a deal to ensure the escrow contract works for all parties, working with banking companies on OFAC reviews, intervening with buyers or sellers if a transaction stalls…etc. For most people, these issues aren’t very common, but they do happen and escrow companies help with these issues and more.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

2 COMMENTS

  1. To put escrow fees from Escrow.com and Payoneer in context, several years ago I shopped around for a US bank to handle escrow arrangements in a $120k CRM outsourcing project that I was brokering. The cheapest price quote was $80k, from Wells Fargo. Everyone else wanted $120k or more. We ended up not using an escrow service.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Candy.com Acquired by Hilco Digital

0
In 2021, the Candy.com domain name was sold for an undisclosed sum in a deal brokered by Andrew Miller of Hilco Digital and Amanda...

Darpan Munjal Doing AMA on X

1
I have always appreciated how Atom.com CEO Darpan Munjal has been willing to share data freely. It's helpful to see what types of domain...

Results from One Month with Afternic Boost

20
Afternic began charging for its upgraded "Boost" features on September 4th. Instead of paying 15% commission for selling a domain name via Afternic with...

Video: How Anime.com was Acquired

2
I heard the Anime.com domain name had been recently acquired, but I knew nothing about it. Anime is a a style of Japanese animation,...

Negotiating Like Double Down Video Poker

0
When I was 18, I went on a Royal Caribbean cruise with my family. It was the first time I was able to gamble...