1. Welcome to DNTrade. If you want to find out about the latest domain name industry news or talk, share, learn, buy, sell, trade or develop domain names - then you've come to the right place. It's a diverse and active community, with domain investors, web developers and online marketers - and it's free! Click here to join now.
    Dismiss Notice

Sell an AU domain - an agreement template

Discussion in 'Newbies' started by asantha, Sep 16, 2011.

  1. findtim

    findtim Membership: VIP

    Joined:
    Dec 13, 2011
    Messages:
    7,402
    Likes Received:
    1,572
    auDA Member:
    Yes
    dntrade use to have a trade statis which i liked, not sure where it is now?
    i've not had nightmare trades, just be honest and it all works fine, use an escrow for big deals, but it works both ways, and both peoples reputation.
    tim
     
  2. Horshack

    Horshack Membership: Community

    Joined:
    Nov 18, 2013
    Messages:
    326
    Likes Received:
    91
    What about escrowangel.com.au ?
     
    TrafficSauce likes this.
  3. TrafficSauce

    TrafficSauce Membership: Trader

    Joined:
    Nov 3, 2010
    Messages:
    55
    Likes Received:
    26
    Trouble during sales seems to be usually due to confusion/misunderstanding. If you let the purchaser know, ahead of time, what is involved (i.e. payment terms, COR, etc), it can be a straight forward process - online COR processing has been a great help.
    The Netfleet platform, EscrowAngel.com.au or CheckVault.com.au are all handy options, if you feel a transaction is going to prove troublesome without some kind of intermediary.
     
    findtim likes this.
  4. findtim

    findtim Membership: VIP

    Joined:
    Dec 13, 2011
    Messages:
    7,402
    Likes Received:
    1,572
    auDA Member:
    Yes
    communication, thats it, be in control and STATE how its going to proceed ( whatever way you choose )
    tim
     
  5. Andrew Wright

    Andrew Wright Membership: VIP

    Joined:
    Feb 24, 2012
    Messages:
    318
    Likes Received:
    273
    auDA Member:
    Yes
    I've used use EscrowAngel for most transactions - there's no resistance from buyers. Here's my sample template -

    "I would propose using a third party, EscrowAngel.com.au to protect both parties in this transaction - they will not release funds to us until you have the domain. You can find out more information about them at www.EscrowAngel.com.au.

    The process works as follows:
    - You provide us with your company details - We will then supply you with an invoice.
    - Following invoicing we will initiate a transaction at EscrowAngel.com.au
    - Payment will be made to Escrow Angel - Buyer to pay escrow fees ($XX for this transaction and an additional $XX if you want to use a credit card).
    - Upon their confirmation of receipt of funds I will initiate a change of registrant (COR) at our account at WHATEVERDOMAINREGISTRAR.COM.AU - we will pay COR fees.
    - Once the COR has been completed, and you have transferred the domain to your registrar (this is free of charge) you will need to approve release of funds at EscrowAngel.com.au

    We’ll provide instructions if required at each stage.

    At the end of the process the domain will be in an account that you control, renewed for a full two years, at a registrar of your choice and the whois will reflect your registration details.

    Please let me know if you have any questions about the above process.

    Kind regards,"
     
    Oz., Rhythm and findtim like this.
  6. vr101

    vr101 Membership: Trader

    Joined:
    Aug 27, 2015
    Messages:
    44
    Likes Received:
    1
    I was hoping to choose netfleet as the brokering system for domain name sales etc, it seems that they take care of the money part .. but i just found out they can''t do the automatic money transfers to an account over seas .. strange.

    Maybe some sort of escrow service might be the answer .. thanks guys .. so much to learn.
     
  7. findtim

    findtim Membership: VIP

    Joined:
    Dec 13, 2011
    Messages:
    7,402
    Likes Received:
    1,572
    auDA Member:
    Yes
    just check the % you pay and also the exchange rate they use.
    tim