.This tutorial takes you step-by-step through the .You will walk away with an understanding of how the service works and every aspect of the transaction it monitors.Also covered are the five areas of an escrow that you need to understand to avoid making a costly mistake.This interview is promoted through a media partnership with .(Don’tor .)Or, , or .Michael Cyger is an entrepreneur, businessman, investor, speaker and author.Information: | ] (/escrowcom-escrow/In this DomainSherpa tutorial, I walk you through exactly how to set-up a safe and secure escrow transaction when selling you domain name to make sure both the buyer and seller are financially protected.Stay tuned.I have three sponsor messages before we get into today’s show.First, if you have a great domain name and nothing to show when people visit, you’re missing out on potential advertising revenue, leads and partnership opportunities. can build you a site quickly with a price option to suit any need — but as their tagline says, they don’t just build websites, they build businesses.

. is the place to go. provides key information about the most important statistics so you can make an informed decision based on data.Finally, whether you are buying, selling, brokering or financing a domain name you need an escrow company that is properly licensed, bonded, insured and audited.bitcoin supply wiki and they have been doing it since 1999.aula bitcoin – – the website where you can learn how to become a successful domain name investor or entrepreneur directly from the experts.Today’s show is a tutorial.litecoin virtual miningI’m going to walk you through how to perform a safe and secure escrow transaction to make sure both the buyer and seller are financially protected.litecoin rss feed

So whether you’re the buyer or seller, watch this tutorial to learn how to protect yourself.This is a basic topic for many domain name investors, but if you’re an entrepreneur buying a great domain name as your company brand and spending $2,000, $50,000 or $50,000 — or you’re a domain name investor selling your first domain name, you may want to see how it’s done before starting the transaction.There are five main elements of any escrow transaction:1.en iyi bitcoin kazanmaAgreement Between Buyer and Seller After registering with an escrow company, both parties should agree to the terms of transaction which basically involves price, domain name, and any other included assets such as secondary names, trademarks or content.2.aktienkurse bitcoinPayment to Escrow Company The buyer transfers the money to the escrow company using an approved payment method.bitcoin kredit

Once the payment is confirmed, the company will notify the seller to transfer the domain name.3.Domain Name Transfer The escrow company will prompt the seller to work with the buyer to change the domain name ownership.Different procedures apply to different registrars.We’ll go into a little bit of detail during this tutorial.4.ethereal plane wikiConfirmation of Domain Name Ownership by Buyer Once the buyer confirms possession of the domain name, the escrow company will inspect whether WHOIS information reflects the buyer’s profile.5.bitcoin litecoin usbDisbursement of the Payment to the Seller ..If you want to see how much an escrow service will cost, you can click the “Fee Calculator” link, enter in the sales price and look at both the standard and premier service fees.The standard fee pricing is charged if a buyer funds a transaction with a wire, check or money order.

The Premier fee pricing is charged if the buyer funds the transaction with a credit card or PayPal.Details about paying by different methods are detailed on that page, as well as required hold times that may apply to your transaction.So, sign into your account.Or, create an account if you don’t have one yet.Your main dashboard is your “My Transactions” page. telling you an escrow has been created and you need to sign in to agree to the terms and continue the process.Back to the process if you’re selling your own domain name, the first step is to select the type of transaction.You can select domain name, general merchandise, motor vehicle or milestone transaction.You might want to use general merchandise for an antique or memorabilia, for instance, and if you’re paying a developer over time as work is completed, a milestone transaction would be appropriate.Then select if you’re the buyer or seller; either role can initiate the escrow transaction.Since I’m the seller, I’m leaving it as is.

Note: if you’re a broker, you would select Broker from the Your Role pull-down box.When you press the continue button, you’ll be asked for details of the transaction including the transaction title, email address of the buyer, who will pay the escrow fee, what else is included, if anything, and how long the buyer will have to inspect the domain name once it’s in their possession.When you press the continue button, you’ll list the actual domain name.You may be wondering, what’s the difference between the the Transaction Title and the Domain Name, and the answer is that it may be the same.In most of my transactions, it’s the same.However, you may want to title the transaction something like “Repair Domains” and then on this page add more than one domain name to this transaction.When you press the continue button, you’ll review the terms of the escrow agreement and then press the Agree button if you’re in agreement.A couple of questions you may be thinking about: 1.

Who pays the escrow fee?I think the buyer should as they’re the one purchasing the domain name.You should make sure you’re in agreement before initiating the transaction.I’ve often seen the escrow fee split, or included by the seller to help close a deal.How long of an inspection period? will ask you how you want to be paid.You can select ACH or Wire.A wire is faster, but costs you both to send and likely to receive at your bank.You’ll need to think about those options. you just click a button.At this step, you’re done for the time being. tells you it’s the buyer’s turn to sign in and agree to the terms. soon, just so they know to keep an eye out for it.A confirmation email from the seller also helps move the process along.When we come back from this short sponsor message, I’ll walk you through the remainder of the process.Quick break from three sponsors of today’s show:First, are you tired of being up-sold and cross-sold when you buy or renew a domain?Then try the newest registrar being built from the ground-up with a beautiful interface, competitive pricing and 24/7 support.

will surprise and delight you..Second, need a broker who’s eager to do whatever is required to sell your domain names regardless of price?Then you need to contact Houghton Richards.They specialize in exact match, keyword-rich, geo and new gTLD domain names, and they sell more than 1,000 a month. is the tool you should be using.View their entire portfolio, filter by Estibot value and be a better investor.$49.95 for 250 queries per month./ , will tell you exactly what you need to do. has received the payment from the buyer. receiving the funds, and approving it.When you click the continue button, it will ask you if you want to provide a username/password to the buyer, the authorization code for the domain name, or push the domain between accounts at the current registrar.If the domain name is in an account that is being transferred, then that’s the appropriate option.Most likely, though, you’ll want to transfer a single domain name.The authorization code or “auth code” is the traditional transfer process, but within a registrar — such as GoDaddy or Enom — you can push a domain name from one account to another.

A domain push is faster and easier, if that suits both buyer and seller.If you go the traditional authorization code route, sign into your registrar and request your code.Sometimes a registrar will provide the auth code on screen.In GoDaddy’s case, you click on the domain name, then scroll to the bottom of the page and request your authorization code be emailed to you.I normally push the domain through GoDaddy but I need the buyer’s account details to start the push, so I email the buyer asking for the email address and account number associated with their GoDaddy registrar account.Once I get that information, I sign into my GoDaddy account, find the domain name that’s being sold, check the box next to it, then go to the More dropdown, and select “Begin Account Change”.GoDaddy will then ask me for the receiving party’s email address and account number.The account number is is optional but I always fill in as a precaution.You’ll then see a confirmation on screen that the domain is being pushed.I’ll usually then email the buyer to let them know the domain name is on the way, and give them specific instructions on how to accept the pushed domain.