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Old 03-30-2008, 02:17 AM   · #67
verbster
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Quote:
I think you should keep the comments to yourself.

He is a successful entrepreneur and I support him.



Forums are by definition a place specifically for comments of all persuasions. Asking someone to withhold comments because you may not agree with them, and while you express yours, is a bit narrow.

Many successful entrepreneurs are good people, many aren't so good. Success doesn't necessarily define character.

The real issue seems to be some auction contract terms deemed unfair or unreasonable, mainly because they bear little relation to the auction.

Is it fair of Moniker or any domain auction sponsor to retain two months (let alone, two years) of financial control over domains that didn't sell in the auction? In a word, no. Moniker is being paid a commission for the service of listing and selling 3rd party domains in their auctions. Should the domains not sell, that service is complete. To hold the domains hostage for two more months of financial exclusivity is not only unfair, it's unjust. I'm willing to pay a percentage of my sales profits for Moniker's auction expertise, but I'm not willing to give up two months (or more) of my rights as a domain owner simply because they want an extended period of time to cash in on my unsuccessfully auctioned domains.

Why not a five day pre-auction and a 10 day period post-auction to protect against private sales to circumvent paying moniker's fees...auction sales should be wrapped up by then, anyway...but more than that is just trying to get a free bite of the pie.


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