Understanding Transactions on The Domain Name Aftermarket
Domain transactions begin with the domain auction. The seller lists a domain auction on The Domain Name Aftermarket (TDNAM), and then the buyer and seller negotiate the sale by submitting offers or counter offers. When the buyer and seller agree on a price, the seller accepts the offer. For more information about offers and counter offers, see Accepting Offers or Counter Offers to Sell Domains.
If the domain is priced at $499.99 or less, the transaction is processed through Transaction Assurance. Domains selling for $500 or more are processed through an escrow service, and the escrow service subtracts processing fees from the seller's proceeds.
- Transaction Assurance - The buyer returns to TDNAM to pay the amount. When the funds are verified, a domain transfer or change of account is initiated. You may receive email messages from TDNAM, the buyer, or seller during this process.
NOTE: TDNAM holds the buyer's funds for 30 days before releasing them to the seller, which provides time to move the domain to the buyer. If neither the buyer nor seller contact TDNAM within 30 days after the seller accepts the offer, the transaction is closed and the net proceeds are sent to the seller. If contested, funds may be withheld.
- Escrow.com - The buyer returns to TDNAM to start the purchase and submits funds to escrow.com. Escrow.com verifies the funds and then a domain transfer or change of account are initiated. Escrow.com verifies the domain was moved to the buyer's account and releases the net proceeds to the seller. You may receive email messages from TDNAM, Escrow.com, the buyer, or the seller during this process.
For more information about transferring or changing domain ownership, see Understanding the Difference Between Transferring Domains and Changing Domain Ownership.