Sedo charge back question

[Takwa]

Just wondering how safe is it to deal on Sedo, couple of months back I had a deal cancelled because of a buyer charge back on his payment, I was thinking what if the domain was transferred and he did a charge back, would I lose the domain and the money?

 

[sedo]

Hi Takwa,

Although chargebacks by buyers do occasionally occur (not all of them deliberate), they are immediately flagged by our Accounts department and the transfer is put on hold.

I can honestly say I've never seen it happen that a buyer has managed to charge back and get hold of the domain as well, but if it were to happen, we would never let a seller be out of pocket. If we couldn't get the domain back, you would still get your money.

As I say though, luckily that scenario has never happened as far as I'm aware.

Regards,

Shaun

[email protected]

 

[Takwa]

Thanks for the assurance Shaun, btw when's Sedo Christmas/New Year opening time, as I have a few offers in progress.

Merry Christmas!