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Selling a domain via PayPal?

  • 01-11-2011 3:33am
    #1
    iMax
    Closed Accounts Posts: 3,489 ✭✭✭


    Have had an unsolicited offer for a domain I own & the offer is for over $1000.

    Would I be ok taking payment via PayPal & what are the fees likely to be?


Comments

  • #2
    mneylon
    Registered Users, Registered Users 2 Posts: 7,740 ✭✭✭mneylon


    I'd be more concerned about the overall transaction ie. at what point is the money going to be sent to you?

    Blog | Tweets



  • #3
    iMax
    Closed Accounts Posts: 3,489 ✭✭✭iMax


    In advance.


  • #4
    business bloomer
    Registered Users, Registered Users 2 Posts: 106 ✭✭business bloomer


    iMax wrote: »
    Have had an unsolicited offer for a domain I own & the offer is for over $1000.

    Would I be ok taking payment via PayPal & what are the fees likely to be?

    PayPal will get 35cents + 3.4% - that is 34.35euro in total.


  • #5
    iMax
    Closed Accounts Posts: 3,489 ✭✭✭iMax


    Guess I'll be asking for PayPal gift then :)


  • #6
    The Apprentice
    Registered Users, Registered Users 2 Posts: 1,130 ✭✭✭The Apprentice


    Dont do it..

    Escrow or nothing, i have friends who were ripped off doing this.. Getting a chargeback then for goods not delivered is where i see you getting ripped off :(

    U can complain all you want but once the transfer goes through theres nothing you can do from your end either Unless its via escrow.. escrow is around the 50 quid anyway.

    Its Technically electronic goods, u have no proof of delivery.. remember this.


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  • #7
    Shzm
    Registered Users, Registered Users 2 Posts: 947 ✭✭✭Shzm


    Do NOT do this with Paypal. Escrow all the way.


  • #8
    Dimaer
    Registered Users, Registered Users 2 Posts: 34 ✭Dimaer


    If it is not going from person you know, use escrow.com or sedo.com for domain sales.
    If he is willing to pay this price it should not be a problem to use on of those for buyer.
    Otherwise you are dealing with high chance of chargeback after domain transfer is done.


  • #9
    condra
    Registered Users, Registered Users 2 Posts: 3,849 ✭✭✭condra


    Another vote for escrow. Don't be a sucker!


  • #10
    iMax
    Closed Accounts Posts: 3,489 ✭✭✭iMax


    Update: Went a little slower than I thought it would due to the buyer taking his tie, but escrow cheque arrived this morning. Very happy :)


  • #11
    The Apprentice
    Registered Users, Registered Users 2 Posts: 1,130 ✭✭✭The Apprentice


    Great stuff !!!!


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  • #12
    Compton
    Registered Users, Registered Users 2 Posts: 3,157 ✭✭✭Compton


    great. you could have also taken bank transfer. easiest, and safest.


  • #13
    condra
    Registered Users, Registered Users 2 Posts: 3,849 ✭✭✭condra


    can you tell us the domain name now? :D


  • #14
    The Apprentice
    Registered Users, Registered Users 2 Posts: 1,130 ✭✭✭The Apprentice


    shblob wrote: »
    great. you could have also taken bank transfer. easiest, and safest.


    For him not the buyer..

    As a buyer yourself would u send money and then wait for a website ??


  • #15
    Compton
    Registered Users, Registered Users 2 Posts: 3,157 ✭✭✭Compton


    No. Tbh I wouldn't ever buy a domain like that. Neither would I buy one with paypal or escrow.


  • #16
    The Apprentice
    Registered Users, Registered Users 2 Posts: 1,130 ✭✭✭The Apprentice


    Well thats fair but take the advice from people that do own and sell domains ..

    Escrow is the ONLY way to go that gives both buyer and seller protection .. If your either and pick and choose you run the risk of getting ripped off..

    Your choice


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