By: Raymond Hackney
Go Daddy has now raised the price threshold for handling sales on their Go Daddy Auctions platform.
Previously any sale $1000 or more would be handled by Escrow.com. I had read a post about someone saying it had been upped to $5,000 but the Go Daddy support page still said $1000. I just got off the phone with Paul Nicks who said that it was now raised to $5,000 for Escrow.com. This makes the process easier as it requires less steps for sales up to $4,999.
Transaction Assurance — The buyer pays for the domain
name at Go Daddy Auctions, and then Transaction Assurance verifies the
funds within five days. The seller can contact Go Daddy Auctions at
(480) 505-8892 to verify the buyer has made payment.
verification, it's time to move the domain name via an account change
(from one Go Daddy account to another) or domain name transfer (between
accounts at different registrars). See the following table for details:
Paul did move fast and have the support page updated to reflect the change. http://support.godaddy.com/help/article/909/understanding-go-daddy-auctions-payment-transactions