CreylitiHosting

What is the Escrow process ?

This process has been developed to protect both buyer and seller, during a transaction of an article (which can be material goods, electronic goods, etc...). The process is overseen and managed by a trusted "3rd party". This service is independend fro Creylitihosting.com. We are using the escrow service This is how it works :

1. When an agreement is established between buyer and seller, a sales contract will be drawn up (depending on the needs of buyer & seller, this can be anything from a very simple electronic letter or agreement, to a detailed custom contract)
2. We inform the Escrow service.
3. The buyer places the agreed/negotiated sales price (including processing fee IF applicable) for the domain into an Escrow account.
4. The escrow service will notify us, requesting that we transfer the domain to the buyer
5. The escrow service will await confirmation from the buyer,that the transfer has been executed
6. Once the buyer is confirmed to be the new owner, the escrow service will release the funds to the selle
7. This concludes the transaction.

1 These services do not provide a guaranteed success! When we try to sell your domain, there will be no cost until your domain is actually sold. Upon a successfull transaction, we will charge a commission. (please contact us for detail, so we can provide you with more details depending on your needs) While we try to acquire a domain for you, in some cases there may be a brokerage fee, however, you will be informed upfront during the process if that is the case.