Ask HN: How to handle escrow for $1200 domain+source code transfer?

1 points by throwaway13000 ↗ HN
I am buying a website for $1200 (Domain plus source code) in analytics Saas space.Any ideas how I should handle the transfer? I have not met the guy before, its all over the internet. (Fingers crossed!)

4 comments

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top Google result for "escrow" looks like what you want

or convince the seller to sell it on the darkwebs /s

I did this once, when I sold a domain for $1K. I had the guy paypal me $500, I transferred the domain, then he paypal'd me the other $500. I didn't really feel like dealing with any third parties and the guy seemed honest. Obviously, YMMV.
I would escrow it, split the escrow fee.
Do you have enough detail on the seller's personal identity? Usually long time account on linkedin, github and a reputable job would be enough.