Selling a domain direct to customer...help

[Tractor]

Ive sold a couple of domains through Sedo at auction and all went well, obv they take a comission etc.
Well, i have someone contact me direct and have offered a good price on a domain i have.
They want to send me the money direct to save costs etc.
Is there any way i can make this legit before i transfer the domain across?
Any other options that anyone knows of?

Cheers

[kinboshi]

You have a number of options.

If you don't know or trust each other, you can have the money held in escrow to protect both parties.  There's obviously a cost for this service.

Otherwise, they could transfer the money to you and then you transfer the domain over.  That way they have to trust you - but they at least have an idea of who you are.  Depends how much the domain's worth obviously.

[Tractor]

You have a number of options.

If you don't know or trust each other, you can have the money held in escrow to protect both parties.  There's obviously a cost for this service.

Otherwise, they could transfer the money to you and then you transfer the domain over.  That way they have to trust you - but they at least have an idea of who you are.  Depends how much the domain's worth obviously.

If i use an escrow then i may aswell use Sedo.
He has offered £750, not a great deal but an amount im happy to sell for.
Say he Paypal, Moneybooker  me the money, then i transfer the domain, can they then dispute easily and get there money back?
Any ideas on the safety of the money transfer would be much apprecitaed.

Also worth noting, this isnt a person i know and have just had contact via email so far.

Cheers

[kinboshi]

For that amount, I'd get them to transfer the money to you first, and then once you've received it you transfer the domain.  They'll have to trust you, but otherwise you'll have to use a third party.  What sort of commission to Sedo charge?

[david3103]

Watch out for dodgy Paypal emails.

I sold a phone on ebay some while ago and had a 'paid' email just before I was asked to post the phone to Nigeria.....