the normal procedure if you do kind of trust each other somewhat and the domain value is not too extreme, the buyer generally pays first and then the domain is transferred..... I've done it that way and never had any problems so far, but there are scammers out there so be careful
godaddy will act as a gobetween too, but they delay the transfer for around a month and they don't offer guarantees unless an escrow is involved too (which is mandatory with them at $500 and up I believe)
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