Guide to the Domain Transfer Process on DomainEasy

Created by Dennis Burch, Modified on Sun, 12 Jan at 4:24 PM by Dennis Burch

The domain transfer process ensures a smooth and secure transfer of ownership for all parties involved. Below, we’ve outlined the steps for both For Sale by Owner transactions and Broker-Managed transactions.


For Sale by Owner Transactions

In a For Sale by Owner (FSBO) process, the transfer involves only the buyer and the seller. DomainEasy facilitates the transaction to ensure a smooth and secure process.

Steps:

  1. Confirm Buyer Payment and Identity:
    • DomainEasy verifies the buyer’s payment and identity once the payment successfully reaches our account.
  2. Inform Seller of Transfer Instructions:
    • DomainEasy provides instructions to the seller on how and where to transfer the domain.
    • The seller must ensure the domain is prepared for transfer (e.g., unlocking the domain, obtaining an authorization code if necessary).
  3. Transfer Domain to DomainEasy:
    • The seller transfers the domain to DomainEasy.
    • Once the domain is received, DomainEasy confirms with the seller and prepares to release funds.
    • The seller’s preferred payment method is confirmed, and funds are sent after the domain transfer.
  4. Transfer Domain to Buyer:
    • DomainEasy transfers the domain to the buyer and notifies them once the transfer is complete.

Broker-Managed Transactions

For broker-managed transactions, DomainEasy works with both the broker and seller to facilitate the transfer. The process may vary depending on whether the seller has an account with DomainEasy or is solely represented by the broker.

Scenarios:

  1. Seller Has an Account:
    • DomainEasy communicates directly with both the seller and the broker during the transfer process.
    • Once the domain is transferred to DomainEasy, we distribute funds to both the seller and the broker net of fees outlined in the contract.
  2. Seller Does Not Have an Account:
    • The broker is responsible for handling all communications with the seller.
    • The broker facilitates the transfer of the domain to DomainEasy.
    • DomainEasy distributes funds directly to the broker net of fees outlined in the contract, and the broker is responsible for paying the seller.

Steps for Broker-Managed Transfers:

  1. Confirm Buyer Payment and Identity:
    • DomainEasy verifies the buyer’s payment and identity once the payment successfully reaches our account.
  2. Provide Transfer Instructions:
    • DomainEasy informs the broker (and the seller if applicable) of transfer steps, including how and where to transfer the domain.
  3. Transfer Domain to DomainEasy:
    • The broker or seller transfers the domain to DomainEasy.
    • Once received, DomainEasy confirms the transfer and prepares for fund distribution.
  4. Transfer Domain to Buyer:
    • DomainEasy transfers the domain to the buyer and notifies the broker and buyer upon completion.
  5. Distribute Funds:
    • DomainEasy distributes funds to the seller and broker based on the contract, deducting any applicable fees.

Key Notes:

  • All communications related to the transfer process are handled via DomainEasy Chat and email for transparency.
  • Payments to sellers and brokers are processed securely:
    • For FSBO, funds are sent directly to the seller after the domain transfer.
    • For broker-managed transactions, DomainEasy distributes funds to the seller and broker, net of any contractual fees.
  • DomainEasy ensures secure and efficient handling of all transactions to protect all parties.

If you have questions or need additional support during the transfer process, feel free to reach out to us at:

 Email: support@domaineasy.com

 Support Portal: Submit a Ticket

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