Need a new web host or having a problem with a script? Tips and advice on the best way to design, build and maintain your most valuable asset - your website!

Selling a website - how to handle financial transaction?

anitaliz
 
Posts: 3
Joined: 24 Jun 09
Location: United States
Trust:

21 Jul 11 3:12 am

Selling a website - how to handle financial transaction?

I have a few bids to buy one of my websites - in the $20,000 range. How do I handle the financial transaction? Do we have the money go into an escrow account? If I transfer the domain and files first and do not receive full payment I'm stuck. The buyer may not want to pay first for the same reason.

Is there a standard procedure for this?
 

  • 0
Anita Edge
Internet Marketing and Consulting
303-316-8002
 
Moderator
wollowra
 
Posts: 1283
Joined: 14 Mar 08
Location: Australia
Trust:

21 Jul 11 6:31 am

I would use escrow.com or a similar service.
The buyer puts the money in and once you confirm it is there... you can transfer the domain over.
https://www.escrow.com/solutions/escrow/process.asp
 

  • 0

Enjoy the little things, for one day you may look back and realize
they were the big things.

-- Robert Brault
 
christodaniel122
 
Posts: 7
Joined: 21 Jul 11
Location: United States
Trust:

22 Jul 11 3:14 pm

Yes. escrow is the best method for all safe online transaction.

They will charge a minimum for it.

but its safe
 

  • 0
Best cpa offers and weekly payouts -> http://www.cpapath.com