auctions Whiskey.com [was] at $2,000,000 on Flippa [fake bid removed]

[JudgeMind]

Whiskey.com

Auction on Flippa currently has 10bids and is at $2,000,000

 

[DU]

http://www.cnn.com/2003/WORLD/europe/12/11/offbeat.van.gogh.reut/

I made a very small but huge error.... you don't SELL Van Goghs at a flea market.....you sure as hell buy them!

But you don't put top tier domains at a Flippa and expect top $$ imho (without a top dollar reserve in which case the intent to sell is questionable, imho)

 

[The Group]

But you don't put top tier domains at a Flippa and expect top $$ imho (without a top dollar reserve in which case the intent to sell is questionable, imho)

First of all, thank you for your opinion. No matter which platform is used(because that's what they are, platforms)....heavy marketing, outbound and PR campaigns will and must be held to bring endusers into the bidding. I will always choose Flippa. I have had 100% success with them. You may have had a different experience, but that's your experience. I am not responsible for your positive or negative experiences, use whichever platform your heart desires. This is what we've chosen. Thanks.

 

[The Group]

There is an inherent problem with that strategy. Sometimes new people sign up specifically to bid on the name. That does not necessarily mean that they do not have the funds.

Valid point. I have sold many domains to users who signed up just to bid on my auction.

 

[DU]

First of all, thank you for your opinion. No matter which platform is used(because that's what they are, platforms)....heavy marketing, outbound and PR campaigns will and must be held to bring endusers into the bidding. I will always choose Flippa.

Firstly, you are welcome for my opinion. It goes without saying that it's my opinion when I post it. I'm not likely to post your opinion. I even qualified it with IMHO in the off chance someone thought I may be expressing someone else's opinion. I appreciate the further qualification.

They are all just platforms? No, Flippa is a platform.
Some venues are run by professional, licensed and bonded auction houses that protect buyers from fraudulent activity. Many are registered in a state that requires licensing but most are bonded.

Look at what Flippa offers:

1. Flippa is not an auctioneer;
2. Flippa does not conduct Auctions on behalf of Sellers. All Auctions are conducted by Sellers on their own behalf;
3. Flippa does not facilitate payments between Buyers and Sellers;
4. Flippa and its Associates are not responsible in any way for the compliance by each Buyer or Seller with the Sale Agreement. Flippa do not guarantee and cannot ensure that a Buyer or Seller will actually complete a sale of a Digital Asset or act lawfully in their use of Flippa.com; and
5. Flippa merely provides the software and website (being Flippa.com) by which Seller's may conduct their own Auctions and Private Sales.

I presume as you were contracted as the broker by Flippa that they are the seller?

Anyway, as I buyer, I'd be very comfortable with "The fake bidding doesn't happen as often as you think, and I am personally the biggest fan of Flippa"...sounds like every sellers wet dream right there.

Whatever.

 

[The Group]

Whatever.

My thoughts exactly I have work to do, I do not have time to feed the trolls. Good luck.

 

[DU]

My thoughts exactly I have work to do, I do not have time to feed the trolls. Good luck.

Hopefully it involves some of that PR, marketing and other stuff you mentioned.

 

[FlippaDomains]

Ya think?




Are Flippa employees bidding against clueless customers in this auction? I believe that Flippa allows its employees to bid against customers, as long as the SELLER is in on it. Is that what's happening here?

No. Read further for a longer response.

 

[FlippaDomains]

Firstly, you are welcome for my opinion. It goes without saying that it's my opinion when I post it. I'm not likely to post your opinion. I even qualified it with IMHO in the off chance someone thought I may be expressing someone else's opinion. I appreciate the further qualification.

They are all just platforms? No, Flippa is a platform.
Some venues are run by professional, licensed and bonded auction houses that protect buyers from fraudulent activity. Many are registered in a state that requires licensing but most are bonded.

Look at what Flippa offers:

1. Flippa is not an auctioneer;
2. Flippa does not conduct Auctions on behalf of Sellers. All Auctions are conducted by Sellers on their own behalf;
3. Flippa does not facilitate payments between Buyers and Sellers;
4. Flippa and its Associates are not responsible in any way for the compliance by each Buyer or Seller with the Sale Agreement. Flippa do not guarantee and cannot ensure that a Buyer or Seller will actually complete a sale of a Digital Asset or act lawfully in their use of Flippa.com; and
5. Flippa merely provides the software and website (being Flippa.com) by which Seller's may conduct their own Auctions and Private Sales.

I presume as you were contracted as the broker by Flippa that they are the seller?

Anyway, as I buyer, I'd be very comfortable with "The fake bidding doesn't happen as often as you think, and I am personally the biggest fan of Flippa"...sounds like every sellers wet dream right there.

Whatever.

Thanks for your feedback.

We'll soon be rolling out revised and sturdier bidder-verification processes. In the meantime, KC Group is correct -- while the entire domain auction industry is plagued by such activity, it's happening a lot less than it used to on our platform. This does not make it "OK" when it happens at all, but we have transformed our marketplace to a new level this past year and will continue to ensure that these erroneous accounts are discovered and deleted.

Regarding "Flippa does not facilitate payments between Buyers and Sellers"
-- keep an eye out for our in-house Escrow service, which is rolling out site-wide soon;

"I presume as you were contracted as the broker by Flippa that they are the seller?"
-- KC Group is now an authorized Flippa Domains broker. Any questions about that, you can bring them to me.

 

[HeyNow]

No. Read further for a longer response.

Read where "further?"

 

[FlippaDomains]

Read where "further?"

Above your comment here.

 

[DU]

Above your comment here.

You answered him before he asked? Where?

 

[Steven McEvoy]

Its showing that the auction is at $60,000 for me...

 

[FlippaDomains]

You answered him before he asked? Where?

I addressed the erroneous bidding above; and as for the employee bidding statement ...my "No" answered that.

 

[HeyNow]

I addressed the erroneous bidding above; and as for the employee bidding statement ...my "No" answered that.

Oh, you're talking about your disclaimers above my original comment. Sure, okay, whatever.

If Flippa is not an auctioneer, what is Flippa? Sounds like your parsing words to me. Flippa controls certain aspects of the auction, right? Then guess what?

Also, by your answer "No," we can assume you know when Flippa employees are bidding against clueless customers and when they are not, right? Obviously, if you're sure Flippa employees are not participating in this particular auction, you must have access to that information, right? So when Flippa employees are participating in an auction bidding against clueless customers, you're aware of it, right?

 

[McDuke]

i think whiskey and whisky are synonymous if whisky + a site was 3mill i think whiskey should fetch 1 mill +, the article regarding whisky vs whskey was interesting as were the comments below it regarding the spelling.

http://www.thekitchn.com/whiskey-vs-whisky-whats-the-di-100476

i would like to own both if i had the $ and a distillery. The difference in price from when whisky sold for 3.1 and now with whiskey is more are aware of gtlds now.

 

[mad409]

It should bring a nice price but don't think it will hit the 2 million reserve that was on it. If that's the case it won't sell but who knows, not me.

I agree that ccTLD's and gTLD's will drive down pricing, even I have a Whisky gTLD and a Whiskey ccTID...

 

[McDuke]

i think 2 mill is strech considering whisky.com was an actual site which i assume generated revenue.

 

[mad409]

i think 2 mill is strech considering whisky.com was an actual site which i assume generated revenue.

I agree..

 

[S-B]

Oh, you're talking about your disclaimers above my original comment. Sure, okay, whatever.

If Flippa is not an auctioneer, what is Flippa? Sounds like your parsing words to me. Flippa controls certain aspects of the auction, right? Then guess what?

Also, by your answer "No," we can assume you know when Flippa employees are bidding against clueless customers and when they are not, right? Obviously, if you're sure Flippa employees are not participating in this particular auction, you must have access to that information, right? So when Flippa employees are participating in an auction bidding against clueless customers, you're aware of it, right?

He already answered those questions.

Why speculate?

 

[HeyNow]

He already answered those questions.

Why speculate?

Whenever employees of the auctioneer, auction host, auction venue, etc. have the option of participating in those auctions as bidders, without full disclosure to other bidders/customers, then any intelligent participant must, as you say, "speculate" that they could be bidding against an employee who is merely driving up prices.

I won't speculate any further. Neither will I participate at Flippa, and I suggest buyers beware there.

 

[HeyNow]

.

 

[Edward Smeu]

Well I see it's at 60k now, do you have a 6 figures reserve or 7?

Also, I would redirect the domain ( blank page right now ) to the auction page, a lot of type ins, right?

Did you email all the companies listed in your description for the auction?

Should I ask anything else?

PS I would buy this below 100k

 

[FlippaDomains]

Oh, you're talking about your disclaimers above my original comment. Sure, okay, whatever.

If Flippa is not an auctioneer, what is Flippa? Sounds like your parsing words to me. Flippa controls certain aspects of the auction, right? Then guess what?

Also, by your answer "No," we can assume you know when Flippa employees are bidding against clueless customers and when they are not, right? Obviously, if you're sure Flippa employees are not participating in this particular auction, you must have access to that information, right? So when Flippa employees are participating in an auction bidding against clueless customers, you're aware of it, right?

Already danced this dance with you here >> https://www.namepros.com/threads/fl...-any-tips-to-share-lets-discuss.829517/page-4 <<

 

[DU]

Also, I would redirect the domain ( blank page right now ) to the auction page, a lot of type ins, right?
Did you email all the companies listed in your description for the auction?
Should I ask anything else?

See earlier...

"...heavy marketing, outbound and PR campaigns will and must be held to bring end users into the bidding."

And now that he isn't busy with trolls he can certainly focus on that aspect more.

You can make an offer on Sedo.com if you want - apparently they are not under the impression that it's being brokered exclusively on Flippa. Or at least no-one has taken the simple step of telling the owner of that yet. Same for many of the other names.

This violates the ToS of Flippa (double selling) but why would they notice on one of the more meaningless names they are selling ??

[Correction: I meant providing software and platform for... it's the busy guy's job to not be in violation of their terms]

i think whiskey and whisky are synonymous if whisky

How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.

He already answered those questions.
Why speculate?

Because the information provided doesn't fully add up.

Flippa is not an auctioneer, nor does it conduct auctions.... then why would they be responsible for financial vetting of the users allowed to bid (unless they have rules built into their platform - must register, must have liquid assets of X). How do they ensure that their employees are not bidding? Are they audited in any way? Why would they be - they aren't an auctioneer or an auction.... so it's all built on what, the word some user with a "Flippa Staff" banner on a free forum?

Of course, if they are audited by a professional company then they could just state that and everything is copacetic and we can all wish them luck. PwC, KPMG,DeLoitte, EY... plenty of companies out there....some smaller ones.

There's nothing to indicate that the actual "Auctioneer" is any way bonded to protect buyer from fraud. I wouldn't risk $5,000 on this site let alone anything close to the current "legitimate" bid of $62,000.

Buyer beware, imho

 

[The Group]

Already danced this dance with you here >> https://www.namepros.com/threads/fl...-any-tips-to-share-lets-discuss.829517/page-4 <<

Some people like dancing for the attention.