Escrow service for domain names - Process overview
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STEP 1. Buyer and Seller agree to terms of transaction
Once you have decided to use our escrow service, we will send
both parties a copy of the transaction terms. The terms will include
the domain name, the sale price, as well as a full description of any
additional agreed terms. Both parties will need to agree and sign the
terms before the escrow process starts.
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STEP 2. Buyer pays DomainAvenue.com
The Buyer transfers payment to DomainAvenue.com via an available
payment option. We will then inform both parties when payment is verified.
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STEP 3. Seller transfers domain name to DomainAvenue.com
Upon verification of payment, the Seller transfers the domain name
to DomainAvenue.com. The domain name will remain with DomainAvenue.com
and will not be transferred to the Buyer before the Seller receives
the payment.
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STEP 4. DomainAvenue.com pays the Seller
DomainAvenue.com transfers the payment to the Seller by the
method selected by the Seller. Both parties will be notified when
the transfer of payment completes.
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STEP 5. DomainAvenue.com releases domain name to the Buyer
Once payment is duly received by the Seller, DomainAvenue.com
releases the domain name to the Buyer. The Buyer has the option
to choose to transfer the domain name to any available registrar
or have it hosted at DomainAvenue.com. The transaction is complete.
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Interested? Click here to contact us now
Frequently asked questions
- How much does it cost and who pays the fee?
The escrow fee is a percentage of the transaction value and
is generally between 10% to 15% of the sale value. Generally speaking,
the Buyer pays the fee but this can be negotiated on a case-by-case basis.
- What forms of payment does DomainAvenue.com accept?
We accept wire/telegraphic transfers, and in some cases credit card,
PayPal®, and cheque/money order. Please note that the length
of time to process various with the payment method.
- What if the Buyer doesn't accept the domain name?
Quite unlikely. Both parties are bound by the terms of transaction
they signed with us when they initiate the escrow service.
DomainAvenue.com makes sure that the transaction will go through
once payment is received from the Buyer and the domain name is
transferred from the Seller to DomainAvenue.com.
- How do I start an escrow?
Click here to contact us now
Simply looking for web hosting
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DomainAvenue.com was founded in 1996 with a lean business model,
"outsource all products and services whenever possible." DomainAvenue.com's
commitment to "the end result" has been proved by long established
partner programs with supporting service companies, including Register.com.
The company had served over 20,000 domain names before it was acquired by
the 1991-established Internet pioneer Wyith Incorporated in November 2000.
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