Hello and Assalamo Alaikum everyone,
It was my first and last domain sold through GoDaddy Buy Service. The domain was sold once again in four figures and comes under books niche. Interesting thing about this domain was the previous owner somehow dropped the domain and I grabbed it. I knew they would need back and somehow they contacted me once the domain was under my possession. As they were quite hesitant dealing with any escrow service so they opted GoDaddy Buy Service and I listed there for a fixed price which was agreed through email communication.
As this was my first domain sold through GoDaddy Buy Service I selected wire transfer but it was not accepting my bank account number. It was asking me to enter routing number which is not used in Pakistan. I called them but the support guy wasn’t much educated to help me so I emailed them and got no response either. As I had already entered my PayPal ID so they sent me money on my PayPal even though my first choice was to receive funds through wire. The only positive thing using this Domain Buy Service was to receive exactly the same amount with no deduction under my PayPal account.
I re-send the email to their support but again no response. I would never use this particular service again of GoDaddy again in future and will ask my domain buyers to either chose Escrow.com which is first choice of handling domain sales or send me the payment through wire first before I transfer the domain.
In future I will never use GoDaddy Buy Service ever. I know many of you won’t agree with me because there are no issues in your country, you get routing number easily but in my country there is no routing number as far as I know which I confirmed with several other banks as well once the payment was received by GoDaddy. Although I had entered correct account number they still sent the payment through PayPal. I wonder why there is no field of entering my bank name?
Care to share your experience with GoDaddy Buy Service? No matter it was good or bad but would be nice to let others know.
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Hi AbdulBasit,
As far as I know, usually for international wires (I’m from Italy) you just need to provide your Account number, Beneficial owner name, Bank name and SWIFT code.
I know that routing number is used internally in the US (as you can also see here: http://en.wikipedia.org/wiki/Routing_transit_number), but not for foreign wires, where you have to use your bank SWIFT code.
I’ve always used the SWIFT code and it has always worked like a charm.
It’s really weird that GoDaddy asked you for a routing number.
Here you can find some of the main Pakistani banks SWIFT codes: http://www.theswiftcodes.com/pakistan/
Thanks Andrea for your feedback. I appreciate that 🙂 Yeah, normally for wire transfers all those requirements you mentioned are necessary but with GoDaddy I was surprised to see there was no field to enter my bank name! Simply needed to enter account number and routing number. I thought to enter IBAN after which no other field is that much important but it wasn’t accepting that. I must enter routing number and not swift code as well. I have swift code for each of my different bank accounts but GD wasn’t accepting any of those. I confirmed with several banks… Read more »
I checked a bit and I think GoDaddy should introduce the option for foreign customers to get paid by wire, cause it seems now this is only available to US clients, which is really astonishing for a big organization like GD.
Hopefully this issue doesn’t affect me, cause I don’t sell through their platform.
Luckily you had PayPal which saved your deal … and your day ;)!
Btw, congrats for the sale! 🙂
Thanks Andrea 🙂
Yeah, right. They must show somewhere on that page about the facility of wire transfer is available to U.S customers only. Until it’s open for all they can at least display this info which will help us to understand the restrictions applied for now…
One of my domains was listed in their Premium listing service with a 30% brokers fee.
How do you set up a domain to be sold via Godaddy without such high fees?
Congrats on your sale!
To be more specific, my domain did sale but 30% of the domain name sale price was deducted for some sort of broker’s fee under their Premium Listing Service.
Do you mind sharing where you set up your domain for sale within Godaddy’s system whereby you received the full price for your domain name?
Thanks!
WS,
Mabrouk for the sale, thanks for sharing and highlighting this issue.
Thanks Arif 🙂 Always love to experience something new and share with others.
Thanks Jen 🙂 Actually we had exchanged several emails and they were hesitant to go with any escrow service and chose to use GoDaddy Buy Service because it was with the same registrar. As the price was agreed in email conversation so I asked them to place the offer and I accepted. I think it they had used GoDaddy auction membership to buy this domain I would be charged 30% but they used GoDaddy Buy Service where they needed to pay the $69.99 fee but commission. As you see http://www.godaddy.com/domains/domain-broker.aspx?ci=8995 where it clearly states that “Just $69.99 per domain, plus… Read more »
thanks!
Hi,
Hope you are aware of PayPal Charge Back Scams, where the Buyer once receive the Domain charge back on PayPal and PayPal in turn take the amount back, if you have already withdrawn the amount, your balance goes into negative
Do You know anything needed to be done to be on safe side when dealing with PayPal ?
I am aware of it but never deal for domains through PayPal because they don’t help you much for domain deals.
I would suggest to use ECOP.com for smaller transactions of up to $500 and they offer free escrow service. If bigger amount you may use Escrow.com. It’s safe for both parties and whoever wants to complete through PayPal only I just stay away from those people. Why do I need to get into trouble when there are plenty of better alternatives.
Dear All, no one from godaddy team respond me in this case, below some details are fyi, they are not replying against my e-mails, please advise what action i have to take in this regard??? Dear Concerns, godaddy Auction Team, I am still waiting for your feedback in this regard, Kindly advise ASAP. Thanks & Regards CEO Dear Concern, Ref to my earlier e-mail and in the light of below quote kindly advise as bidder cannot cancel the bid, —Quote— Can I Cancel my Bid on Go Daddy Auctions? No, bids cannot be canceled. We take the integrity of domain… Read more »