What is the best process for buying a domain privately?
The seller has no experience selling names and is asking me the process. What would you recommend?
I'm thinking:
1 - He unlocks his domain at goDaddy
2 - He gets the EPP key from GoDaddy
3 - We jump on a call
4 - I pay him via PayPal
5 - He provides me with the EPP code
6 - I initiate the transfer on my side to my enom account
7 - Once I get it I change owners
While i don't want to be scammed, I'm not particularly worried, as I reached out to him and initiated the whole thing.
Do I have this right? Is there a better way? Should I use an escrow, even for something this size?
added: Actually, I just checked. Escrow.com is $25 for this size deal. Maybe it is worth it & makes the seller comfortable...
Thanks
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