Familiar face at domain name conferences is starting her own domain name escrow company.
Andee Hill has left Escrow.com to start her own domain name escrow service called EscrowHill.com.
Hill has been at Escrow.com, the leading escrow service when it comes to domain names, since 1999.
Gregg McNair is backing the new venture, and will be Chairman of the new company. This is the second domain name company McNair has backed and been named the chair of in as many weeks. Last week it was Co.com.
Marco Rinaudo, Founder and CEO of Internet.bs, has been appointed CTO of EscrowHill.com.
The new company has not launched yet, but prospective customers can sign up for launch information on the company’s website.
Along with Thought Convergence’s soon-to-launch Agreed, Escrow.com will have two new competitors in the escrow market.
excitemental says
The competition no doubt will lower fee’s so this could be helpful for domain buyers and sellers 🙂
Domain Buyer Broker says
Huh? Why? No non-compete clause AND running on similar domain as EscrowHill.com?
What does Greg McNair have against escrow.com?
Escrow.com is allowing this?
Andee Hill is great but I have no reason to even try any escrow service other than escrow.com
Very strange.
Larry says
I wish Andee luck but as someone who both buys and sells domain names it will be hard to get people to use anything but escrow.com
Not only that but the idea of closing a sale and using a new company will potentially raise questions in the eyes of (certain) buyers and sellers (that I help as a consultant separate from my own domains.)
In order for this to work, escrowhill has to affiliate or be backed by a larger trusted entity that all parties will rely on as being legitimate.
For example (wild example) if escrowhill was affiliated with GE Capital or “Some big bank” that would put a good level of trust in new customers.
Steve says
This is a terrible mistake by all involved … and one destined to fail.
Yes; Andee and her other “escapees” are great folks (as is Gregg); but like others are saying … why would leave a great, trusted, proven company like Escrow.com?
If I recall correctly, Escrow.com is properly licensed by every state in the U.S. … and good luck if anyone ever has reason to adjudicate against a company in NZ.
Why NZ? Gregg and Andee need to answer this important question.
Hope Andee’s plane ticket wasn’t one-way.
John Berryhill says
Putting “hill” at the end is a sure sign of quality.
Larry says
Not to mention trust.