Space cowboy's Journal: Domains, cashflow and escrow

Some of you may have noticed (hah!) that I no longer have a link to http://hostip.info in my signature. This is because I've just sold the domain :-) BTW the purchaser tells me he'll be operating it pretty much the same as it was before...

Moving to the US (even to a well-paid job, and being used to a high-costs city like London) has proven to be relatively expensive. Houses in Silicon Valley start at about $600k and mortgages are bare-minimum 10% down - most are 20%, and then there's the car to buy (I wanted a convertible, so that's another $30k). It all adds up.

So, out of the blue, I get a request to purchase hostip.info - it looks like a typical spam email, but it mentioned escrow, so I reply from a never-before-used mail alias, and we start to talk. We strike a deal, everything happening via www.escrow.com, and all is sweetness and light. The purchaser puts the money in, I transfer the domain, and escrow.com are in the process of paying me the money.

All this is in stark contrast to selling on ebay, where (if you read my previous journal entry) sellers are completely vulnerable to being screwed over by A.Nybody.

There's not much more to this, except that maybe, just maybe, it means I can get a house with a pool, rather than without - a dream of mine for a long time :-)

Simon