This tutorial takes you step-by-step through the Escrow.com domain name escrow service. You will walk away with an understanding of how the service works and every aspect of the transaction it monitors.
Also covered are the five areas of an escrow that you need to understand to avoid making a costly mistake
May 11, 2015
You are probably like today’s guest: You learned about the Internet and domain names in 1995 or 1996, but domain names were expensive and “the good ones” were taken. Although Shane Cultra dabbled in domaining, he mainly considers his fruitless investment during that time to be part of his learning curve.
By 2007, Cultra had figured out what makes domain names “liquid” such that they can be sold more readily in domain name aftermarkets and auction sites. By doing so, Cultra earned six figures in 2012 from domain name investing – in addition to his full-time job running Country Arbors Nursery in Urbana, Illinois.
In this show, Cultra shares his methodology for determining and valuing “liquid domains,” as well as his sweet spots for buying and selling, and how he finds and sells through his favorite marketplace platforms.
April 22, 2013
Large corporations have deep pockets and large intellectual property staffs with which to protect their interests, including trademarks. The result of such financial power can often be lobbyist-influenced legislation that does not favor domain name investing.
What you probably didn’t realize is that the Internet Commerce Association is a domain name trade association that since 2006 has been representing the financial interests of domain name entrepreneurs.
February 4, 2013
Whether you are buying a domain name that is $20,000 or $200, using an escrow service to eliminate the risk of fraud and guarantee that you receive the domain name can be money well spent. An escrow account also can be used to spread payments over time – such as with the recent $4.2 million purchase of Marijuana.com, currently being transacted through 69 payments of about $61,000 each at Escrow.com.
These topics and more are discussed with Brandon Abbey, president of Escrow.com. Learn what domain names Abbey owns, and what car he purchased through an escrow account at Escrow.com.
February 6, 2012
When you purchase a television or a car, you perform due diligence by comparing prices, looking at third-party ratings and searching for recalls. Buying a domain name should be approached in the same way, conducting appropriate research to ensure a sound acquisition.
In this show, Steve Jones walks us through the 11 steps of his process for domain name due diligence, which will keep you from buying a domain name that infringes on someone else’s trademarks, that is stolen, or that was previously used for an unscrupulous purpose and might be on blacklists.
January 9, 2012
What can a teenager teach you about domaining? In this case, a heck of a lot — don’t equate a low age with with a lack of experience.
Instead of buying and flipping domains, or buying and doing nothing with domain names, you can build significant value into your domain name portfolio by developing the domain names into mini-sites. Brian Diener has not only done it, but he’s done it successfully for himself and his clients.
In his relatively short domaining career, Brian has accomplished a number of great feats. He has developed a successful mini-site model for his business. He has had a $1,000 day through affiliate marketing. And he not only continued to study in school while domaining but was accepted into Emory University this coming fall.
March 15, 2011
Escrow.com is now offering a Domain Holding Service, where the buyer and seller agree to hold the domain(s) in escrow while the buyer makes scheduled payments. This service is designed for higher dollar domain name transactions totaling $75,000.00 and over. It appears that the buyer may not be able to make use of the domain name during this process, however, it does lock-up the domain name from being sold to someone else.
February 25, 2011
In a domain name escrow, an independent, trusted company acts as a third-party agent in the selling-buying process. The escrow agent connects the buyer to the seller, and ensures that both parties receive exactly what was agreed to before the purchase. In other words, the buyer will only receive the domain name once the seller has paid the escrow. And the seller will only receive the compensation for the domain name once it has been transferred to the buyer.
February 16, 2011