| Senior Member Location: Canada Join Date: Apr 2005
Posts: 1,015
NP$: 3443.00 ( Donate)
| Monte, I'm really surprised at how you have handled the remarks that have been made in this thread. Yes, I DO recognize Moniker paved the way for domain auctions. However, at the same time if Moniker hadn't done it, someone else would have.
At the same time, I think it would be more appropriate to start to pay attention to what complaints are and see the legitimacy of them. You have admitted it yourself - there are now competitors. You are an exceptionally smart business man but I really think you are missing the boat here where instead of taking your founding position in this arena and improving upon it for everyone else, you are firming up your own advantage without providing anything additional to those that do business with you.
Look, I posted before 2 problems I had - ones I think are serious. I've forwarded actual BUYERS to Moniker for domains I've had in auction and there was NO follow-through. Do you not see this as at least a slight issue? Especially since the domain went unsold in the auction because of the lack of follow-through? The other was from a buyers side where it takes literally WEEKS after payment has been received by Moniker to have a domain pushed from Moniker's escrow account. I think it took 3 weeks after the last Traffic auction to have domains pushed after payment+agreement were received (and the domains were in Moniker's escrow account). It shouldn't take this long for a simple push to happen.
I'm sure that many of us - myself included -would have fewer problems with the commissions and the terms of the agreement if they were fair all around. However, they truly are not.
As others have pointed out, an agreement would consider to be flawed and otherwise unenforceable if the terms are seen to be mutually one way. Is it that hard on the seller's side to include at least SOME responsibility on Moniker's part to follow up with potential buyers? On the sellers side, is it that hard to put in that domain transfers will be done within a reasonable period of time once they are in Moniker's possession? Here's another case - my business partner bought a domain @ CAC last spring and it took half a year to get the money back from the purchase and several emails. The seller had sold the domain to someone else. Why no responsibilities on the part of Moniker to return funds on uncompleted transaction or that pushes happen within a reasonable period of time?
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