Is Escrow getting worse? (2.Viewing)

I don't tend to have a problem with them. Yes, they are strict about KYC rules, and yes, that can slow things down. If it is your first transaction with them, it feels extra annoying.

But if you go into it knowing it will be slow, then you can rest easy and know your money is coming and that you're not accidentally taking part in a crime with a stolen credit card or hacked bank account. So it takes a week, big deal. You've been sitting on the average domain for a decade or more - you can certainly wait a few more days for the payment.

I'm not saying Escrow couldn't be improved - it certainly can - and should be. But I just warn buyers about the KYC rules and that it'll take a few days after you send payment for it to clear and then transfer the domain. So as long as the buyer isn't in a hurry and doesn't mind the identity checks, then its a very secure service, and I trust them. Its entirely foolish to say that you'd pass on a sale rather than use them - unless of course you're trying to hide something.

I've got a buyer that wired funds to Escrow on Thursday - we'll see how long it takes from there.
 

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