How Long Do You Give a Buyer to Pay for a Domain Name? (1.Viewing)

Over the weekend, I received a $1,000 offer for a $1,997-priced domain name via Afternic. After a bit of negotiating, I agreed to sell the domain name for $1,500 on Sunday and the buyer agreed but has not yet paid. Yesterday afternoon, I agreed to sell a different domain name via Afternic for $2,500, and the buyer immediately paid and that deal is done and dusted.

I am curious to know how long other people tend to give buyers to pay for a domain name once a deal has been reached.

There can be mitigating factors revolving around the length of time a buyer has to pay. With larger companies, the payment process can take quite some time. There may be red tape and various parties involved that will require extra time for payment. On deals involving Escrow.com, it might take additional time for the buyer to be KYC verified.

Read more: How Long Do You Give a Buyer to Pay for a Domain Name? | DomainInvesting.com

I thought that was automatic for everyone, if I negotiate a price I ALWAYS add a 48 hour clause. That goes for when I am buying or selling and there are back and forth offers.

I make offers to purchase that sometimes take years to come to fruition but that is different than a back and forth negotiation. Then it is prudent to put an expected time frame regardless of if you are buying or selling.