"for seller to transfer the domain to broker/escrow agent/middle-man"
Well to start domains aren't transferred to these parties these parties merely facilitate the transfer by way of others that have a stake for one reason or another.
Perhaps it's best to state how this typically works.
a) A person owns a domain
b) A person may be acting as a broker or middleman for some reason on that domain.
c) There is the current "old" registrar of the domain.
d) There is the new registrar that the new owner wants to transfer to.
e) c&d may or may not be the same company.
f) There may be an escrow service, say escrow.com in between. Purpose to make sure the right thing happens and the ownership is actually transferred.
If Dave is the buyer, Joe is the broker, and Jane is the seller, Godaddy is the existing registrar and namecheap is the registrar that Dave (buyer) wants to use, here is what should happen.
1) Joe gets the auth code from Jane or Dave gets the auth code from Jane etc.
2) Joe or Dave gives the auth code to Namecheap.
3) Namecheap gets the name transferred over from Godaddy (I'll skip the exact details on that part for simplicity). Much happens here obviously to make this actually happen.
4) Both buyer and seller agree the transaction is "ok" and the escrow company releases the money to the seller.
Comments
"for seller to transfer the domain to broker/escrow agent/middle-man"
Well to start domains aren't transferred to these parties these parties merely facilitate the transfer by way of others that have a stake for one reason or another.
Perhaps it's best to state how this typically works.
a) A person owns a domain b) A person may be acting as a broker or middleman for some reason on that domain. c) There is the current "old" registrar of the domain. d) There is the new registrar that the new owner wants to transfer to. e) c&d may or may not be the same company. f) There may be an escrow service, say escrow.com in between. Purpose to make sure the right thing happens and the ownership is actually transferred.
If Dave is the buyer, Joe is the broker, and Jane is the seller, Godaddy is the existing registrar and namecheap is the registrar that Dave (buyer) wants to use, here is what should happen.
1) Joe gets the auth code from Jane or Dave gets the auth code from Jane etc. 2) Joe or Dave gives the auth code to Namecheap. 3) Namecheap gets the name transferred over from Godaddy (I'll skip the exact details on that part for simplicity). Much happens here obviously to make this actually happen. 4) Both buyer and seller agree the transaction is "ok" and the escrow company releases the money to the seller.