How to Sell Your Domain with Escrow.com

Hi guys welcome back to the Channel in today's video we are discussing how to buy and sell domains with escrow.com 00:00 Intro 00:40 I transferred my domain using Escrow.com 00:49 Disclaimer 01:03 What is Escrow.com? 01:46 How I sold my domain 01:48 Letter of Intent and Contract 01:54 LOI Definition 02:10 RocketLawyer 02:29 What is 'Escrow'? 02:43 Process of Using Escrow.com 04:21 Stripe! 04:53 Google Analytics 05:00 Client Manager 05:14 BAD REVIEWS of ESCROW! 06:02 Your contract 06:27 Domain assets to transfer 06:35 14 Day Inspection Period 06:47 Confirmation 06:57 Escrow Disburses funds 07:04 CELEBRATE 07:10 Handover 07:19 SCAM alerts 08:05 Fake escrows Recently I used this intermediary payment platform to sell my domain (Itreallyworksvitamins.com) and I had a positive experience. It's not the fastest platform in the world because the emphasis is on security and not speed! How to Sell Your Domain with Escrow.com The buyer and the seller both sign.up.to escrow.com when you sign-up be asked to verify your identity with your driver's licence passport Also if you are a company then you'll be us to upload the relevant documentation. You will also be assigned an escrow clients manager will be your point of contact at Escrow. you can contact them directly ask questions. Do you know that escrow is based in the US and it's in the PST time zone which means that they won't actually reply outside of working hours in the PST time zone. So if like me you're based in the UK your escrow client manager is not actually going to reply until about 5 or 6 p.m. Once escrow verifies both the identities of the seller and the buyer they will then ask to see a contract. I will review the terms of the contract and if it doesn't look fishy then the buyer is asked to deposit the sale amount into the escrow account The seller is also asked to adding their bank details so you can receive payments. Do be aware that because escrow is based in the US example the buyer is transferring money from the British bank account to the US escrow bank account it can take it can take 2 to 3 or 4 working days The money has been transferred to escrow.com play Take a little bit of extra time to verify that they have actually received it. It happens send it kickstarts the seller transferring the assets to the buyer. So for example if you're selling your car or your business you'll be transferring all of the individual assets to the buyer for example the website the domain all of you the marketing information and stock. Once all assets have been transferred then you click that you have transferred everything And now a 14-day inspection period begins for the buyer this is where buyer is checking and has received everything and it's all in good working order. Once they are happy with everything that they've received, then they mark the assets as received. Escrow then transfer the proceeds of the sale to the sellers bank account. this could take a couple of days depending on your bank and where you are based in the world Also takes a small fee. Overall I've not had a negative experience the emphasis is on safety and security rather than Speed. And so if you're making any large purchases its a great, safe platform to use. escrow.com domain transfer process,escrow account explained,how to use escrow.com,online escrow,escrow.com reviews,escrow process,escrow account,escrow company,buying and selling using escrow.com,buying a car using escrow,is escrow safe to use,is escrow a good idea,escrow process wholesaling,escrow.com review,sell domain using escrow.com,sell domain using escrow,is escrow.com legit,transfer your domain escrow,sell domain esccrow,what is escrow