I haven't said anything to my bloggy public, but I'm selling a domain name I registered about eight months ago. Someone wants to buy it and the likelihood of having the time to put up my own site with it is slim, so hey, free money, right? So we're most of the way through the escrow process and last night, when I checked my email? There was a message from someone ELSE who wants to buy it. I told the johnny-come-lately no, because I'm already deep in the escrow process and that's just not how I roll. But I'm pretty happy that my creativity is going to equal free money and has already earned me a cult following. 🙂
Dude, what is escrow, and why is it preventing a bidding war over your domain name??
Escrow — provided by escrow.com in this instance — is where a third party holds the money until the domain transfer is made, so that nobody gets screwed out of money or property. It's pretty cool, actually. Especially because the buyer is paying the escrow fees. In any case, I've been emailing with the buyer for more than a month, and it would be lame of me to back out now.