To ensure that both you and Redshirt Networks are financially protected in the transfer of your domain name, every transaction will take place through Escrow.com. Escrow.com is an independent, third-party escrow service that acts as the middleman to the transaction. Conducting the transaction through Escrow.com is simple and safe:
Step 1: Buyer and Seller Agree to Terms
Both parties agree to terms of the transaction, which includes a description of the merchandise, sale price, number of days for the Buyer’s inspection, and any shipping information.
Step 2: Buyer Pays Escrow.com
The Buyer submits a payment, selecting check, money order, wire transfer, or credit card online. Escrow.com verifies the payment. Processing time varies by payment method.
Step 3: Seller Ships Merchandise
Upon payment verification, the Seller is authorized to ship merchandise and submit tracking information. Escrow.com verifies that the Buyer receives the shipment.
Step 4: Buyer Accepts the Merchandise
The Buyer has a set number of days for an inspection and the option to accept or reject the merchandise.
Step 5: Escrow.com Pays the Seller
Escrow.com pays the Seller by check or wire transfer. The transaction is complete.
*Note: In all Redshirt Networks transactions, the Buyer is responsible for paying the escrow service fees.