Transferring Funds

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As discussed in our article on selling a domain private party, unless you really know and trust the buyer of your domain name, you would be wise to use a trusted third party, also known as an escrow service, to complete the transaction.

There will be an intermediate period as your domain name is transferred to the registrar of the buyer. The last thing you would want is your domain name to be transferred to the buyer and you to be waiting for the check the buyer promises is "in the mail." To protect yourself from being swindled out of a domain name after your domain name is transferred, use an escrow service.

Escrow services charge a fee, which you could include in the price of the domain. So it would be no loss to you to use a trusted third party for monetary transactions.

Related Article: Spelling Your Domain >>