| Senior Member Location: Canada Join Date: Apr 2005
Posts: 1,014
NP$: 3444.00 ( Donate)
| The problem is that there is nothing at all reciprocal in their agreements - either on the buying or selling side.
Here are some personal experiences:
1. At the last traffic auction, I purchased 2 domains with someone else. It took 3 1/2 weeks after payment was made for them to just push the domains to us. They had been sitting in their escrow account all that time. It took MULTIPLE emails to get the domains pushed.
2. At the fall Traffic, I had a 2 word generic domain in silent. At Traffic itself, I asked my rep to please add the traffic information and other details which had been submitted along with the domain. No go. I had had 2 prospective end user buyers contact me prior to the auction with interest in buying the domain. I introduced them to a Moniker contact since I was under contract. One did not receive any word back and just commented to me that it was unprofessional and they'd find an alternate domain name. The other had been told he'd need to pay in order to place a bid at silent. The domain went unsold - thankfully because the reserve was well under market value for the domain and a fraction of what either end user would have paid.
It's a shame because they are in such a great position but unless their communication system is improved upon and they actually start to work ON sellers' behalfs, they are going to have problems ahead IMHO.
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