23 Jun '11, 5pm

New Service Hopes to Make Seller-Financed Domain Transactions Easier

Service manages seller financed domain sales. A new service called Zenscrow hopes to bring more liquidity to the domain name market by making seller financed domain sales easier. Companies such as Escrow.com and Moniker already offer payment plan escrow services, but Zenscrow takes it a step further. There are two benefits I see to Zenscrow compared to typical payment plan services. First, Zenscrow provides a domain sale or lease agreement. Second, the company monitors the use of the domain name during the financing period. This second feature is important. You might sell a domain to someone on a payment plan, only to find out they are using the domain name in a way that hurts its value. If they later stop making payments you get the domain name back but it’s damaged goods. For example, the buyer might try search engine tricks that get the domain banned from Google, post i...

Full article: http://domainnamewire.com/2011/06/23/new-service-hopes-to...

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