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Old 03-31-2008, 12:05 PM   · #91
pixelpadre
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Originally Posted by mcahn
Just a reminder folks - if any of you have ever auctioned anything through Christie's or Sotheby's, then you would fall off your chair if you think our agreement is that bad. The agreement is pretty standard and covers and protects your interests as well as ours. think of this as a real-estate sale and then this agreement will not look so bad. Exclusivity is common and accepted if we are going to draw thousands of live and online bidders at each of these events. Non Circumvent agreements are also standard so that no buyer goes directly to a seller when we introduced those parties through our efforts - again standard protection...and if you get a sale as a result of our efforts either this year or next, what is the real issue here if we were responsible in any way for that transaction. Auto renewal is also standard on just about anything you sign these days, but we do allow you to strike that clause if you do not want us to keep marketing and selling your domains.

now with more ways to market and sell your domains than any other organization - live, silent, extended, online, snapnames, marketplace, private, and direct corporate domain sales efforts, i would say your best bet is to work with the process. Obviously names have to be good, desirable and reserves set properly to get best results so please work with your Sr. Account Execs here and you should be good to go.




I started this post monte after I got a take it or leave it response from one of your guys. And you know who he is since he told you about this thread. I knew that sooner or later you would have to make an appearance here to defend yourself.

As far as 2 years protections goes.....that a deal killer.. I am a realtor and we are lucky to get 90 days. And its rarely enforced.

If someone were to see my domain name and didnt want to pay the reserve today, but 1 year from now, for whatever reason, better cash flow, more necessity, decides hes gonna call me on the phone.....you think you should get a cut? I dont think so dearie. One or two years later would hardly qualify as deal circumvention. Give our pea brains a little more credit than that.

A very small minority may try to beat the system, as they do in real estate, but we are talking a number in the 1-3 percent range, by my best guess. Is your profit margin that fine? I doubt it.

And how about you pay out of your pocket for air time or trade magazines like I do as a REALTOR? Its only fair if you are seeking 15-20% commission. I do it and my commission is only 3% to 6%.

BTW thats very humble of you to compare yourself to Southeby (est. 1744) or Christies (est. 1766). I think I see where you are coming from now.

Steve

P.S. I question weather Florida Statutes would even allow for a 2 year protection after the close of an auction.


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