Today’s podcast interview is with Simon Lenton – the CEO and Founder of EscrowAngel.com.au.
Escrow Angel is Australia’s premier online escrow service. In simple terms, they can make the business of buying and selling domain names really easy – particularly with regards the money side of things. So should you have a buyer a little bit uncertain of parting with money before they get their domain name, then consider engaging Escrow Angel.
I have used Escrow Angel recently for a largish sale, and can vouch for how smooth the transaction was. Everything was done online – and I had my funds within 3 working days of commencing transaction.
Their fees are more than reasonable, and they can be paid by either buyer or seller – or split evenly. They also have a handy fee calculator.
Hope you enjoy the chat – and if you do have any questions; comments or suggestions, please post below. Simon would welcome them.
Good interview Ned 🙂
I’ve used Escrow Angel on one occasion for a domain sale and it was very straight forward – work well for both parties.
Simon, can you do payment plans over 6 or 12 months (like escrow.com)?
Hi Andrew
We have been considering offering a service of this kind for some time now. We are currently looking into how we can make it feasible and we expect to have a clearer idea by the end of next quarter. Feel free to checkin again then for an update.
Thanks for your interest.
Simon
the fee calulator, firstly its nice to have one available.
the form defaults to vehicle, i personally prefer to start with “select”, especially as when i chose internet domain the result shows on the right side but i look on the “type” and it reverts back to saying “vehicle” so honestly the first thing i did was redo the form, so i know that semantics but it didn’t work well for me.
i find the fee ” $5,000 to $24,999 $135 + 0.3% of amount over $5,000 ”
i read the $135 as a “flag-fall” thus found it misleading, as it changes with the true sale price, a simple “from…….” might explain it better ?
if i choose domain over the default “vehicle” and then decide a different price i have to go again and choose doman again otherwise it gives me vehicle price again, this is realy a user knowledge issue but even though you can’t cover all possible ways they use the form but i do see this leding to confusion and complaints.
tim
Hi Tim
Thanks for pointing this out. Our tech lead is currently working to rectify it.
Simon
I’m in the middle of an international transaction at the moment with Escrow Angel. Not the fastest transaction in the world (mostly due to seller and broker errors – me <blush>) but I am very happy with the ongoing support and hand-holding by Simon as we make progress.