Escrow.com selected as best domain name escrow service.
Escrow.com is the best escrow service for domain names, according to a survey of over 500 domain name owners.
In the 5th Annual Domain Name Wire Survey, 55% of respondent picked Escrow.com as the top service. Sedo’s escrow service came in at number two with 24%, followed by Moniker at 13%. Afternic’s escrow service came in a distant fourth. EscrowDNS.com also received votes. EscrowDNS.com was recently sold and is in transition.
Domain name escrow services vary in process, but they all help domain buyers and sellers transact while a third party holds funds.
Escrow.com and Moniker offer advanced escrow services, such as purchases where payments are spread out over time.
Pricing depends on the complexity, but here is the standard pricing for a modest domain and an expensive one at each service:
Escrow.com does not escrow the domain so everyone can scam with changing whois and claiming the domain has ben transfered (or change whois back and claim it has not been transfered). The only REAL domain escrow is Moniker
Andrew Allemann says
@dfgdfg – I have yet to hear of anyone losing money with Escrow.com because of this.
I hear that all the time, but never seen 1 incident where Escrow.com failed.
I’ve used it for 6 figure transactions in the past many times without problems.
They are truly a good service. My favorite due to speed and pricing.
Sedo, Moniker, and most others are way too slow and require paper work and all that. You know, you can lose a lot of real interested buyers with paper work and lengthy processes. Think about it in terms of ROI – Escrow would be the best choice.
M. Menius says
Another vote here for Escrow.com. Good fee structure, step by step confirmations, timely in every way. Many satisfactory transactions since 2002.
Allen what would escrow.com do if what df said happened ? If you had a screenshot of the push would they pay you ? I keep hearing people say what df said but like you said no one says they lost anything with Escrow.com.
Domain Seller says
I have heard about that possible flaw but
do not know anyone that has lost a domain using Escrow.com . Maybe, only a newbie would fall victim to the flaw.
I have used Escrow.com many times.
Escrow’s customer service is excellent.
And, they are the quickest of the escrow companies. It can be down in days with Escrow.com. The other guys can take weeks.
Moniker, Sedo and Afternic/NameMedia are very slow.
Moniker because they are checking and double checking.
Sedo is slow because they handle too many transactions.
Afternic/NameMedia is slow because their system/procedure seems cumbersome/antiquated. And, you get the impression your transaction is a bother.
I have also used Stevan Lieberman when the transaction involved a contract. It went extremely smooth.
The problem I see is that people talkl about Escrow.com having only flaws but only by theory, but I’ve never heard or seen an incident. I had a friend once ask them and I remember them telling him they ALMOST made a mistake once long ago, but luckily haven’t, and haven’t had any issues since.
They must have a plan for what dfgdfg says, which they use only in extreme situations.
That’s my best guess.
But judging from the site and what I know, Escrow.com would have one of the best buyer conversions. It is one of the most trusted, cheapest, easiest, and also probably as secure as all the others.
I’ve heard more people burnt by Sedo using the Sedo system, so not sure how that possibly could’ve gotten such a high % of voters.
Moniker may have been good years ago but times have changed. Customer support on a whole sucks. The only one there that is worth anything is Bari. Escrow.com is licensed as an Escrow agent in every state in the US that requires a license. Escrow.com handles GoDaddys escrow services as well. Do you really think that Escrow.com can’t pick up a phone and call godaddy etc… and say what account is this in regardless of what they do with the whois considering they do all of their escrow transactions. I see these comments a lot about Escrow.com and it’s funny because the last company that trashed them had to shut down temporarily because they weren’t licensed. Escrow.com is superior end of story. Wires to the bank in days not weeks or months like others I have experienced.
The funny thing about escrow.com is that their success is in large part due to their domain name.
An escrow agaent has to inspire confidence and escrow.com does this by having the domain escrow.com.
I can’t think of another biz where it would be as important.
M. Menius says
@jeff – “An escrow agaent has to inspire confidence”
True. I might add that there is a world of difference between saying you offer good customer service … and then actually delivering it. Escrow.com actually deliver good customer service … whereas some of the others talk incessantly about how good they are, and then often fail to live up to their own hype.
As always, it comes down imo to giving credit where credit is due. Great customer service, honestly valuing customers, and a well-designed interface & process set Escrow.com apart from the others.
Agree that the name instills consumer confidence.
I used escrow.com for many years, they are fast and trusted
Hi, this is great feedback! TaskDomains is forging ahead with Moniker Escrow. Now I know what to expect – we’ll see what happens!
Stephen Douglas says
Man, do I have to say this again, or does Dub-A print loser anonymous negative comments to get SEO responses from smart domainers? (Dub-A, I’m a-calling you out, gunslinger!)
Here are 12 comments on an IDIOT’s post who isn’t identified, doesn’t present recognizable credentials, yet people actually took the time to respond?
Really? I think DNW shouldn’t sucker such experts as M-Men and at least somewhat “recognizable” domainers as “Domain Seller,” and at least a company/domain brand, Everything.TV, to write something promoting the integrity of Escrow.com.
Let’s get it clear… most domainers already know that escrow.com is best for any domain sold for over $5,000.
Now someone could say I was suckered into responding to this keyboard spasm name “dfgdfg”‘s dumb*ss comment, but not true… my comment is directed at Dub-A for printing a negative comment, clearly biased and most likely untrue, from an ANONYMOUS poster as the first response.
How many of you would have posted a comment if you didn’t first see the keyboard spasm handle loser post his comment first? You don’t even know who he/she/it is, yet you took the time to explain how great escrow.com is.
Wait… okay, I see the benefit of posting an anonymous negative comment that obviously goes WAY against common knowledge… but in the future, people, why bother answering asinine comments by someone who’s too afraid to reveal who they are?
Can’t we all start conforming to a “this is me, you know me, if not, here’s my site” format of comments and response?
Come on Dub-A, call these guys out when they don’t ID themselves. Don’t use them to create a content magnet for your site.
First of all most domainers prefer to remain anonymous. Ever heard of Private whois.
Secondly, dfgdfg’s comment is right on the money. Truth be known moniker, is the only company offering real domain escrow. That is, they secure the domain at their own registrar and secure the money and than do the switch.
At escrow.com, It is theoretically possible that I transfer a domain to a buyer and he immediately changes the whois (prehpas to my own name with a different email) and says he didn’t get it.
This can not happen at moniker.
Also if the buyer doesn’t login to say he got the domain at escrow.com, then there is a long delay for the payout. (This has happened to me)
Whos is this choleric weirdo “Stephen Douglas” ?
Domain Investor says
“Whos is this choleric weirdo “Stephen Douglas” ?”
He is my twin but we were separated at birth.
He is the good looking and smart one of us.
I used Escrow.com years ago to sell a name to a French company. After the transfer the French company changed the whois to a Disney character and address. I was in a holding pattern at Escrow.com trying to get paid. Fortunately I got Enom to push the name back to my account. I made the French company get Escrow.com to release the funds before I did the transfer for the second time.
I now have solid connections at Escrow.com and use them exclusively. I’ve proven I’m not a scammer and they should quickly side with me if someone tries to scam me again.
I’ve been meaning to tell them to eliminate the option for an inspection period for domain names. Invariably if the buyer sets up the escrow they select a long inspection period. There is nothing to inspect.
Andrew Allemann says
@ Domainer – I think the inspection period makes sense. If you’re the buyer, then technically the seller could change the whois to show you but not transfer the domain. This gives you time to confirm it before the money is released.
I wish there was a way to turn off seeing posts from certain users then I would not need to see another Stephen Douglass rant about everyone needing to be identified.
Also, he could turn of dfgdfg’s comments if he is really that upset by anonymity. He must go to be angry about this b/c he’s been at this months and months with the same dang post.
maqui berry says
escrow.com is always best
Stephen Douglas says
@ Domain Investor
Dang, don’t reveal all along that you’re MY anonymous name! I need to use it so people will read my comments! Like poor Belmassio said perfectly “I would not need to see another Stephen Douglass rant about everyone needing to be identified.”
I know I know… but domaining is important to me, and I hate trying to “guess” whether the person who just posted anonymously has the experience and credentials to make their comment “stick”.
No, never heard of “private whois”. What is that? And I’ll bet you that most domainers that are making at least a living at it aren’t “anonymous”. Otherwise, there wouldn’t be 10 domain conferences a year, would there?
Hey! I had my first domain sale – yay! You can read my blog entry here. It took all of 3 1/2 hours for a $500.00 sale – the customer said of Moniker Escrow, “quick and painless,” so I’m good to go on future sales!
Stephen Douglas says
Good focus, CONGRATS! What a rush, huh!
Keep it up!
Thank you, Stephen! Thanx also for your insightful review of entrees of recent acquisitions on Elliot’s blog! Now to get to unloading them, about 100 – I’ll get you for this, Andrew! [Andrew is my inspiration to get in this business!]
I have a domain that could sell for seven figures.
Should I use Moniker or Sedo, or some other entity.
Stephen Douglas says
Contact a powerful, honest, and capable domain consultant to handle the sale for you. I’d start first by *clicking my name at the top of this comment.
Moniker have a strange practice holding some days the domain seller Escrow money – They call it “processing”.
Here is a mail I got from them explaining this Issue (After 6 days) :
“Your payment is in the queue to be processed by our accounts payable team and the payment should go out to you today. Please keep in mind that standard time frame to process your payment is 1-7 business days.