How Does Domain Name Escrow Work
Escrow is legal enforceable agreement in which a escrow company receives and holds money or documents on behalf of two or more parties till their transaction is completed according to their contractual obligations.
Escrow has been instrumental in creating trust between buyers and sellers for seamless internet commerce.
Internet escrow works same as conventional escrow where money is placed with licensed escrow agent or company to protect both buyer and seller of products or services in a give contract.
As an example, a domainer has a domain on auction, and an international buyer bids on the domain and is the winner of that domain.
To make sure that the domain seller gets paid for that transaction and protect the domain, he goes through an escrow agent.
The buyer can now transfer the money to the escrow agent with instructions to release the funds to the seller once the domain is pushed to his or her account.
In some cases if the buyer has some financial problems and is not able to fund the escrow the domain will not be pushed out of sellers account.
Using escrow this way, keeps both buyer and seller safe, and the transaction can either proceed or get cancelled.
There are two popular licensed escrow companies in the United States, Escrow.com and Payoneer Escrow.
Here are today’s expiring names.
Expired Domain Picks For August 26, 2017
Click the Domain link for current price. These are not affiliate links.
Namejet Pending Delete Domain Names
| 75601.com |
| 78710.com |
| EPDD.com |
| ICWF.com |
| KZWM.com |
| Observing.com |
| SuperFinance.com |
| VVOI.com |
I post these lists for informational purposes only. Please don’t interpret the lists as a recommendation to buy. Do your research, including trademark searches before buying.