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If you are selling a domain name, your main goal is to get your money quickly and not hear from the purchaser again.

Due to the inability of exchanging money and a domain name simultaneously, parties often use an escrow service, such as www.escrow.com. Using an escrow service means that the purchase money is held by a neutral third party until the name transfer has occurred and then released to the Seller. Depending on the level of savvy and trust between the parties, this process can help greatly. Be wary of using parties for this process who are not truly disinterested or one untrustworthy, such one party's attorney or corporation, or the registrar. The procedures for picking, using and paying for the escrow process should be set forth in the agreement. If you are selling a name, you should state a time limit by which the money should be paid after transfer of the name.

In order to lessen any future litigation costs regarding the sale and increase all legal benefit to you, the Seller should designate the place where any disputes regarding the sale will be litigated (the venue), the state law which will apply and whether attorneys fees may be awarded to the winner.

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