For safety, security and protection for all site members, we now offer free escrow services for buyers with every domain name purchase here at TheHotDomains.com
Escrow services basically act as an agent, The domain name buyer will transfer the sale amount to the escrow service provider, and inform the domain seller when the funds are received. The seller will then begin the domain name transfer process. After the buyer has confirmed full ownership and control of the domain, the escrow is then transferring the funds to the seller less the final sales fee of 7% Max plus cost of escrow to seller.
We use the services of Escrow.com, a company that we now come to respect as a reliable provider of escrow services online. TheHotdomains.com is not affiliated with Escrow.com. Using escrow services is mandatory on name purchases over $5000 and cost nothing for members.
The buyer simply pays for the selected domain name(s), while the seller will be responsible for paying for final sale fees which cover charges relating to the escrow service.
If a buyer wishes to use another escrow service, then the buyer would be responsible for the cost of the escrow for that provider plus the seller must agree to use their platform.
Our escrow service is only guaranteed to be free for buyers using Escrow.com