Committed Offers allow buyers to signal stronger purchase intent by placing a refundable deposit after submitting an offer. The deposit is applied toward the purchase price if the offer is accepted and the transaction completes.
These terms apply to both buyers and sellers participating in transactions involving Committed Offers.
1. Overview
When a buyer upgrades an offer to a Committed Offer, a deposit may be placed with Atom to demonstrate serious intent to purchase the domain name.
The deposit is held by Atom and handled according to the terms described on this page.
In general:
• If the seller does not accept the offer, the deposit is released to the buyer.
• If the seller accepts the offer and the transaction completes, the deposit becomes non-refundable is applied toward the purchase price.
• If the seller accepts the offer but the buyer does not complete the transaction, the deposit may be forfeited as described below.
2. Deposits for Committed Offers
When a buyer upgrades an offer to a Committed Offer, a deposit is typically placed as a credit card authorization hold on the buyer’s payment method.
This means the buyer’s card is authorized for the deposit amount, but the buyer is not charged at that time.
If the seller accepts the offer and the transaction moves forward, the deposit is automatically captured and applied toward the purchase price.
If the offer is not accepted, the authorization hold is released.
The timing of the release depends on the buyer’s payment provider and financial institution.
3. If the Offer Is Not Accepted
If the seller declines the offer or does not accept it within the applicable timeframe, the deposit will be released to the buyer.
The timing of the release may depend on the payment processor and the buyer’s financial institution.
4. If the Offer Is Accepted and the Transaction Completes
If the seller accepts the Committed Offer and the buyer completes the purchase, the deposit will be applied toward the final purchase price of the domain name.
The deposit will be credited as part of the buyer’s payment for the transaction.
5. If the Buyer Does Not Complete the Purchase
If the seller accepts a Committed Offer and the buyer fails to complete payment within the required timeframe, the deposit will be forfeited.
In such cases:
• 75% of the deposit will be paid to the seller, and
• 25% will be retained by Atom to cover platform administration, payment processing fees, and transaction costs.
Atom may delay or adjust this distribution if required to address payment disputes, chargebacks, fraud investigations, or other transaction issues.
6. Deposit Holding Period
Deposits subject to forfeiture may be held by Atom for up to 30 days before any distribution is made.
This holding period allows time for:
• payment settlement
• fraud screening
• chargeback risk evaluation
• payment disputes or other transaction issues
After this period, Atom may distribute the applicable portion of the deposit to the seller.
7. Refunds, Disputes, and Payment Issues
Atom reserves the right, at its sole discretion, to refund a deposit to the buyer in situations including, but not limited to:
• payment processing errors
• unauthorized or fraudulent transactions
• payment disputes or chargebacks
• technical errors affecting the offer process
• situations where completing the transaction becomes impractical or impossible
• circumstances where Atom determines that refunding the deposit is appropriate
In such cases, the deposit may be returned to the buyer and no distribution will be made to the seller.
8. Seller Deposit Requests
In certain negotiations (such as self-negotiated Standard Listings), sellers may request that a buyer add a deposit during negotiation in order to convert an offer into a Committed Offer.
The buyer is not required to accept such requests.
If the buyer chooses to add the deposit, the offer becomes a Committed Offer and these deposit terms apply.
9. Payment Processing and Authorization Holds
Deposits may be processed as authorization holds or captured funds depending on payment processor requirements.
Authorization holds may expire automatically if not captured within the timeframe permitted by the payment processor. In such cases, Atom may request that the buyer reauthorize the deposit if the negotiation is still active.
Atom is not responsible for delays caused by payment processors or financial institutions.
10. Platform Discretion
Atom retains sole discretion in determining how deposits are handled in cases involving disputes, fraud prevention, payment processor requirements, or other exceptional circumstances.
Atom may modify, delay, or cancel deposit distributions when necessary to comply with legal, financial, or platform integrity requirements.
11. Relationship to Marketplace Terms
These Committed Offer Deposit Terms are part of and subject to the broader Atom Marketplace Terms and Conditions.
In the event of any conflict between these terms and the Marketplace Terms, Atom may determine the appropriate resolution in its discretion.
12. Changes to These Terms
Atom may update these Committed Offer Deposit Terms from time to time. Updated terms will apply to deposits placed after the effective date of the update.
