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How to safely buy a domain from 3rd party?

     
1:53 pm on Mar 24, 2009 (gmt 0)

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HI

I recently approached the owner of a domain via email about buying the domain.

We have agreed a price but now I am wondering how to go forward as there is a pretty obvious risk of getting ripped off.

As I've never bought a domain from somebody who has already registered it, is there any advice anybody can give?

Thanks!

3:15 am on Mar 25, 2009 (gmt 0)

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Hi crabster2, welcome to WebmasterWorld.

I would suggest using an escrow service, such as escrow.com

8:59 pm on Apr 9, 2009 (gmt 0)

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Yes escrow is highly recommended. I have used escrow for several high value exchanges. Basically this is the process:

Buyer pays escrow the agreed fee
Seller sends domain to buyer
Buyer inspects the domain and has 2 days or more
Buyer instructs escrow to pay the seller if the buyer is happy.

Escrow does charge a fee but this is worth the piece of mind.

8:00 am on Apr 27, 2009 (gmt 0)

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Explore sedo.com or moniker.com; they seem to provide services for a commission