Afternic Escrow Service has just opened up its service for sales that take place out outside of Afternic.com
For transactions taking place outside the Platform the fee is 3% of the transaction with a $60 minimum.
“”
- Afternic Escrow Service is available for any domain transaction, and it’s free for any domain purchased through the Afternic platform.*
- Our experienced escrow managers oversee every transaction, ensuring that each detail is reviewed.
- With Afternic as the intermediary, the exchange of a domain and funds are safe and secure.
* Afternic Escrow Service is included with all domain purchases made on the Afternic platform. If the purchase originated outside of Afternic, a 3% fee ($60 minimum) is charged.””
The fee is more than 3X higher than Escrow.com.
@ Domainer Extraordinaire
Not true. Of the two, the escrow service offering the lowest fee* changes depending on transaction amount:
Escrow: $5,456
*Based on stated ‘escrow service fee’ and ‘minimum charges’. Exclusive of additional fees related to buyer-selected ‘payment method’; notably:
~~ Wire transfer fee ~~
Afternic: $15 (US) or $25 (non-US)
Escrow: $25 (non-US)
~~ PayPal fee ~~
Afternic: +4%
RE-POST (part of 1st post missing due to use of ‘less than’ and ‘greater than’ symbols)
@ Domainer Extraordinaire
Not true. Of the two, the escrow service offering the lowest fee** changes depending on transaction amount:
Escrow: under $1,847
Afternic: $1,847 – $5,456
Escrow: $5,456 +
**Based on stated ‘escrow service fee’ and ‘minimum charges’. Exclusive of additional fees related to buyers selected payment method; notably:
~~ Wire transfer fee ~~
Afternic: $15 (US) or $25 (non-US)
Escrow: $25 (non-US)
~~ PayPal fee ~~
Afternic: +4%
Ok more than 3x for amounts $25k or more. In the $25K example $214.50 verses $750 with Afternic. Not hard to decide which one to use.