Escrow.com comes out top in survey once again.
Escrow.com is the best domain name escrow service, according Domain Name Wire’s survey of 400 domain name owners.
Escrow.com took nearly half of the vote.
1. Escrow.com 46%
2. Sedo 34%
3. Moniker 11%
4. EscrowDNS 5%
5. Afternic 4%
Escrow.com is fully licensed in all 50 United States to perform escrow transactions. The company was founded in 1999 by Fidelity National Financial, but has been privately held since May 2004. You can read Domain Name Wire’s interview with Escrow.com President Brandon Abbey here.
Relative newcomer EscrowDNS.com managed to debut at #4 with 5% of the vote. Moniker, which manages escrow for both its live auctions and numerous private party sales, was added to the list this year as well.
Escrow services operate in slightly different ways, but all help domain buyers and sellers protect the financial side of domain name transactions. Some escrow services take control of the domain names during the transaction while others manage only the funds. Once a domain is securely transferred, the funds are released to the seller.
Escrow fees typically run a few percentage points of the overall transaction value.