Membership is FREE, giving all registered users unlimited access to every DNForum feature, resource, and tool! Optional membership upgrades unlock exclusive benefits like profile signatures with links, banner placements, appearances in the weekly newsletter, and much more - customized to your membership level!

Quite possibly a new domaining record

Status
Not open for further replies.

sanatana

Level 3
Legacy Platinum Member
Joined
Feb 1, 2007
Messages
95
Reaction score
0
Last night at 8:30 pm MST, I agreed to buy a domain from a fellow DNFer. The agreement involved the exchange of his domain for a domain of mine plus $x,xxx.

At about 3pm today, I went to the bank and wired the $ to escrow .com. By 5pm today, good funds had been acknowledged, his domain transfer was completed to me at one registrar, likewise mine to him at another registrar, and his funds were then disbursed.

All in all, 20.5 hrs from beginning to end. Is that a new record?

Imagine if I hadn't sat on my butt 'til 3pm!:lol:

S
 

WeBuyThe.Com

WE BUY DOMAINS
Legacy Exclusive Member
Joined
Dec 31, 2005
Messages
1,237
Reaction score
11
Most names that we buy close in hours or sooner...Don't most of yours?
 

JuniperPark

Level 9
Legacy Exclusive Member
Joined
Aug 3, 2003
Messages
2,909
Reaction score
91
Amateur :)

About 25% of my transactions complete in under 15 minutes.

This means they send me a reasonable offer (or buy a fixed price domain), PayPal me right away (my system provides them the link) using a credit card or prefunded account, and I create an eNom account for them, push the domain into it, and email the buyer the ID and password.

Actually I often get this done in under 10 minutes -- 15 minutes on a slow day.

This is also why I yell at Sedo for taking 3 WEEKS to complete the same process.
 

Rockefeller

Level 11
Legacy Exclusive Member
Joined
Apr 8, 2005
Messages
8,011
Reaction score
58
Sure, but I think that he is talking about the escrow part of the deal. I've had transactions take 2 minutes from start to finish, especially with "consumers" but I've never had a 20 hour transaction when Escrow is involved.
 

Theo

Account Terminated
Joined
Feb 28, 2004
Messages
30,306
Reaction score
2,216
This is also why I yell at Sedo for taking 3 WEEKS to complete the same process.

Sedo claims the buyer hasn't paid after 2 weeks thus far. They've been giving me the "will pay on Tuesday" response.
 

Focus

Making Everything Click
Legacy Exclusive Member
Joined
May 15, 2005
Messages
8,934
Reaction score
245
thats a VERY VERY fast escrow deal...cheers! :eek:k:
I think my record is 48 hours..and any delay was on banks/escrows end..
I thought 2 days was blindingly fast!

Chris
 

maroulis

Level 8
Legacy Exclusive Member
Joined
Nov 29, 2005
Messages
2,168
Reaction score
1
Amateur :)

About 25% of my transactions complete in under 15 minutes.

This means they send me a reasonable offer (or buy a fixed price domain), PayPal me right away (my system provides them the link) using a credit card or prefunded account, and I create an eNom account for them, push the domain into it, and email the buyer the ID and password.

Actually I often get this done in under 10 minutes -- 15 minutes on a slow day.

This is also why I yell at Sedo for taking 3 WEEKS to complete the same process.

I'm exactly like you, 15/20 minutes flat.. I also rarely use escrow and do bank-wires for both buying and selling which means same day processing if you send before 3pm..

Sedo?? what is that LOL
 

Gerry

Dances With Dogs
Legacy Exclusive Member
Joined
Dec 3, 2006
Messages
14,984
Reaction score
1,302
That is good for escrow.com. I like the fact that both parties must be satisfied before the money is released and the domain name is fully transferred to the buyer. A very good system for larger sales (even cars if you buy one on line...I have not but heard it is exceptionally good for that).

A typical escrow deal will usually be 3 days. But all of my escrow.com sales have involved transcontinental sales, different time zones to deal with, and of course the currency exchange matters.

But you know what? Still beats the hell out of Sedo's painfully slow domain and money transfers.
 

Focus

Making Everything Click
Legacy Exclusive Member
Joined
May 15, 2005
Messages
8,934
Reaction score
245
I complete deals in 5 minutes.

That long tekz? :uhoh:
...By the time my buyer pushes send in paypal, the name is pushed to them, and feedback is left on DNF..takes all of about 1.5 minutes! hehehehe, and that's if I stop to take a nap first!
 

B.King

Hard Ass™
Legacy Exclusive Member
Joined
Jun 21, 2004
Messages
811
Reaction score
34
My escrow.com record is around 15 hours , But i had an unfair advantage due to time zones
 

Onward

Level 9
Legacy Exclusive Member
Joined
Jul 5, 2006
Messages
2,937
Reaction score
47
My escrow.com transactions usually take about 2 days.
 

Tia Wood

Web Developer
Legacy Exclusive Member
Joined
Jan 11, 2006
Messages
3,372
Reaction score
349
Huh. I'm faster than all of you. My current deal is taking only 21 + days. Seriously....The buyer has been taking time to respond and isn't too sure on how to do things *sigh*.
 

smashfactory

Queen of Domainland
Legacy Platinum Member
Joined
Feb 6, 2006
Messages
1,850
Reaction score
0
i complete my transactions before - just completed another one- didja see it?

heehee :) if everone is online at the time, can be done asap-
 

Muhammad Mustafa

Level 5
Legacy Platinum Member
Joined
Oct 8, 2006
Messages
287
Reaction score
2
i think am the faster here :)
cross Sedo escrow service it takes 7 days at the best time, via Escrow.com the best time was 18 days :D
 
Status
Not open for further replies.

Who has viewed this thread (Total: 1) View details

Who has watched this thread (Total: 2) View details

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

☆ Premium Listings (Last 30 Days)

Premium Members

Upcoming events

Our Mods' Businesses

*the exceptional businesses of our esteemed moderators

Top Bottom