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Paypal vs Escrow?

by zxboss
4 replies
What would be the best option for selling a domain? Ive never used escrow, always paypal and havent really had a problem.
Would just like peoples opinions on which would be best specifically for selling a domain.
Also what are the differences in fees? I heard escrow charges more

Thanks : )
#escrow #paypal
  • Profile picture of the author mchelle
    Escrow is a little bit more expensive, but if you do not know the seller or are selling a high end site, then it is well worth the money and the hassle. A reputable buyer will not give you any "attitude" about using escrow, as they know it will protect them as well. I am very wary of buyers who insist on PayPal as the only method they will use.

    That being said, if you are not selling it for a large sum, then PayPal might be okay. You have to think about how much risk you are willing to take.
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  • Profile picture of the author gpwilson
    Paypal would be best option for you.
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  • Profile picture of the author john-7665
    I would vote for paypal, because it is the most known and many buyers prefer to work with it.
    Escrow is better for bigger amounts of money. If you are " playing with huge amounts make sure to be fully verified by paypal, or get a business account.
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    Free stuff the guide
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  • Profile picture of the author zxboss
    It will be a 10k+ Sale.. Im thinking escrow may be a better option.
    But has anyone used the service and knows how it works?
    For example if the buyer deposits the amount to escrow, how does escrow send the money to me? Do i provide them with a mastercard and then the payment is sent. Or do i need to have my bank details already on file prior to the transaction?
    Thank you all
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