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orangetelevision
Joined: Jun 04, 2008
# Posts: 2
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Posted: 06/04/2008 01:26 am
Hey everyone,
Someone offered to buy my website off me earlier today, I have no idea how to go about getting the money and not being ripped off.
The payment will be >$5000, and the potential buyer seems to really want to use PayPal. I have had a bad experience with PayPal before (account limited+money held) so don't really want to go that route.
Does anyone have any advice for how I can sell my site without being ripped off? (I have head of people having payments & cheques reversed after a week)
Thanks guys
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JQ
Staff
Joined: Mar 11, 2001
# Posts: 2723
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Posted: 06/04/2008 12:17 pm
Where are you located and where is the buyer? If you are in different countries, that may affect your options. I'm guessing you're not in the US because of how you spelled "cheques".
I would be leery of using Paypal for that kind of sum as well.
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Dinkar
Staff
Joined: Aug 12, 2001
# Posts: 4361
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Posted: 06/05/2008 08:15 pm
Go with escrow. It's a safer option to both of you.
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Curt
Joined: Eons Ago
# Posts: 3718
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Posted: 06/08/2008 09:44 pm
www.escrow.com is one of the most popular if not the most popular and trusted services.
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Quadrille
Joined: Nov 15, 2000
# Posts: 1064
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Posted: 06/08/2008 10:36 pm
Escrow isn't cheap - but once you are dealing with a stranger in the thousands, it's the only way to be sure.
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Dinkar
Staff
Joined: Aug 12, 2001
# Posts: 4361
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Posted: 06/09/2008 12:57 am
Else use MoneyBookers.com to accept payment. There is no chargeback.
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orangetelevision
Joined: Jun 04, 2008
# Posts: 2
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Posted: 06/09/2008 02:45 am
Thanks for your advice guys. Still trying to figure out a payment method (but it looks like some sort of escrow service is going to be involved)
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wallstreeterww
Joined: May 31, 2005
# Posts: 34
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Posted: 06/17/2008 03:08 am
Escrow should be the only choice, paypal has limited protection for selling ,especially when selling a website.
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SportsGuy
Staff
Joined: Aug 30, 2002
# Posts: 3597
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Posted: 06/17/2008 03:30 am
Escrow.com is the choice of many top domainers as well - they routinely handle 5 & 6 figure transactions.
For that kind of payment, don't look for shortcuts to save a few hundred bucks. 
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