Domain Sales Process
DomainThread is committed to providing simple, safe and secure online domain name purchases. For all online purchases, DomainThread uses PayPal and Escrow.com for buyers protection and peace of mind. Using these services reduces the risk of online fraud for both the buyer and seller.
Escrow.com is a trusted third party, which collects, holds and releases funds online, according to transaction terms agreed upon by the Buyer and Seller. Escrow.com is a US government regulated and licensed escrow company that is compliant with Escrow Law. DomainThread only receives payment when you have received your domain name.
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.
Purchasing a domain name from DomainThread is a simple 10-step process as follows:
- The prospective buyer finds a domain name within DomainThreads marketplace.
- The prospective buyer completes the inquiry contact form available for the domain name.
- DomainThread contacts the prospective buyer and correspondence between both parties begins.
- Buyer and Seller agree to price and terms for the domain name.
- A Domain Name Sales Agreement and/or a Non Disclosure Agreement is created, if required.
- Buyer makes payment utitizing PayPal or Escrow.com services.
- Once payment is verified, DomainThread will arrange the transfer of the domain name.
- Create a GoDaddy.com account and provide customer number or login name and email address.
- The domain name transfer process is iniated and the domain name will be moved to buyers account within 7 days or earlier, usually within hours.
- If Escrow.com, upon the successful transfer of the domain name, the payment funds are released to DomainThread.