No sooner than a person is introduced to domain investing, affectionately known as “domaining” by domain investors as known as “domainers”, that they soon encounter the ramifications of legally transacting payment and agreement of domains.
Most new investors, a few old ones too, blindly play the payment roulette game when using PayPal or a non-secure payment method when transacting payment and agreement of domains.
Individuals soon come to find out they robbed themselves blind from receiving payment as well as losing their domain in the most horrific cases due to payment clawback, chargeback or disputed credit card payment by purchaser.
Although there are many escrow services available to transact digital goods such as domains, I recently attended MERGE! and had the opportunity to interview one of the persons behind Escrow.Domains in my latest podcast: Stevan Lieberman, IP Attorney at Greenberg and Lieberman.
So, press play and listen as Stevan shares how to securely and legally transact domain agreements that protect the buyer and seller. Thanks and that’s all for now!