Selling a site?

Hey,

Well I am looking at selling one of my sites. Which would be the best payment option to take payment of large amounts of money and what would be the do’s and donts?

Thanks

-Dan

 

I would go with a payment option that protects you...such as Paypal. I personally do not except personal checks or cash. Just my $.02.

 

Paypal....

Maybe you should read http://forums.digitalpoint.com/showthread.php?t=221762

 

i'm in the same position as you are, and i'm going to use paypal

 

I would prefer bank wire transfer.

There is no way that the buyer get the transaction reverted once that you sold your site, but I have read at DP that people doing large business transactions via Paypal got fell into such situation.

 

I am lookign at Escrow

 

What is the risk of taking cash? That seems to be the surest way to guarantee no problems. I will always accept U.S. currency for a sale.

 

Escrow.com is the absolute way to go if you are selling it for a very high amount. ($X,XXX - $X,XXX) Anything below should be handled with paypal though. I am not a fan of bank wire transfers because it offers no protection that I know of.

 

i agree that with high amounts,you should use escrow..paypal protects transactions up to $1000 i think

 

Recomanded Escrow.com i think the best solution .....

 

Don't think so, escrow is slow and services such as Sedo.com have quick them off a while back.

 

Yeah, cash is the sweetest. Not much cash to be found online though.
Sedo can handle it for you, not exactly the cheapest option, however. So I would either do Paypal, Western Union, or Wire transfer.

 

you can always use sedo which is trusted

 

Escrow.com has worked well for me as a seller. Transaction go smoothly and they did a good job of protecting me as a seller once when the buyer tried to delay payment after taking control of the site.

 

https://www.escrow.com/index.asp is the best one I've ever seen.