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I lately faced a couple of issues where I suspect one of the reasons to be, asking the buyer to pay first.
While the deals were mostly $175, $199 and so on (outbound), I think if asking the buyer to pay first is the reason they are backing out, thinking if this could be a scam (even after sharing my contact number, LinkedIn id in the signature), then there might be a solution to this that someone may have figured out already. Or is there?
I mean Escrow is out of choice. PayPal has the refund policy given the scenario, in case the domain name investor does not end up transferring the domain name to the buyer's account.
But is there some kind of policy for domain name investors, such that, if they transfer the domain first (to make the buyer comfortable about the payment), and if the buyer defaults, can the domain transfer be reversed?
If yes, please share the same with me or any experience that you may have had, where you transferred the domain name to the buyer's account first, but they did not end up sending the payment to your account. Was it your loss or could you do something about it?
If no, how do we do this for small transactions? I saw a couple of buyers recently left after asking how do we do this? To which I generally reply, transfer the amount to my account and I will transfer the domain.
A couple of them left!
Maybe, I am biased in some way or the other here, and maybe, deal always falls out this way. But there has got to be some way.
While the deals were mostly $175, $199 and so on (outbound), I think if asking the buyer to pay first is the reason they are backing out, thinking if this could be a scam (even after sharing my contact number, LinkedIn id in the signature), then there might be a solution to this that someone may have figured out already. Or is there?
I mean Escrow is out of choice. PayPal has the refund policy given the scenario, in case the domain name investor does not end up transferring the domain name to the buyer's account.
But is there some kind of policy for domain name investors, such that, if they transfer the domain first (to make the buyer comfortable about the payment), and if the buyer defaults, can the domain transfer be reversed?
If yes, please share the same with me or any experience that you may have had, where you transferred the domain name to the buyer's account first, but they did not end up sending the payment to your account. Was it your loss or could you do something about it?
If no, how do we do this for small transactions? I saw a couple of buyers recently left after asking how do we do this? To which I generally reply, transfer the amount to my account and I will transfer the domain.
A couple of them left!
Maybe, I am biased in some way or the other here, and maybe, deal always falls out this way. But there has got to be some way.