20i Reseller Hosting

Using Transpact for sale of .co.uk domain

Discussion in 'Nominet General Information' started by Crom, Apr 13, 2018.

  1. Crom United Kingdom

    Crom New Member

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    Hi,
    I have never sold a domain before. I am trying to put together some conditions that will allow myself and the purchaser to agree terms using the escrow services transpact. However, I don't understand enough about the process to work out what conditions to stipulate to Transpact that will give both the vendor and the purchaser peace of mind.

    For instance, the obvious thing to do is to say that the deal has concluded when the registrant entry on the whois has been changed from it's current (as I'm not sure what the purchaser will choose to enter there). But this triggers the following questions:

    - How long does the WHOIS take to update?
    - If I click transfer registrant on the nominet website I am asked for the email address of the new registrant. Will this email address be used as the registrant

    How else would a third party (ie Transpact) be able to confirm that the deal has concluded and that it is OK to release the money.

    As you can see, I'm floundering somewhat. Any help is more than appreciated!
    Crom
     
  2. Domain Forum

    Acorn Domains Elite Member

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  3. signature United Kingdom

    signature Active Member

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    - Usually Immediate.

    - The buyer can complete with any email address but most of the time, the same email address is used.

    - Your buyer will have to instruct Transpact to release the funds to you