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Thanks to Undeveloped, I refunded draco.

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AgentE13

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He posted a thread about me, telling I scammed him. This is NOT true. This is what really happened:

I bought 2 domains from Undeveloped.com (82742.com and 28924.com) on September 20th.
I held them for a few time and then William Efron offered me 700$ for the domains so I sold it to him on October 17th.

I transferred the domains to William's GoDaddy account, William confirmed to me that he got the domains and the deal was successful.

On November 7th William got a message from GoDaddy that his domains are repossessed by GoDaddy and if he wants them back, he can purchase them from GoDaddy for 761$.

You can see the email William got from GoDaddy here (William sent me the copy):
https://www.dropbox.com/s/dmnrnkj2yx2u86i/GoDaddy's response to William's Email.png?dl=0

GoDaddy took the domains from his account and added them to his cart so if he wants he can purchase the domains for 761$.
William is saying that I bought the domains with a stolen credit card and this is why the domains were repossessed, but it's not true.

As I said I have paid for the domains via PayPal as you can see here:
https://www.dropbox.com/s/bw3m3l3n41ae1mu/Completed Payments I made for Undeveloped.png?dl=0

Also, these are the Invoices from Undeveloped.com:
Invoice for 82742.com:
https://undeveloped.com/invoices/asxw24br/buyer.pdf
Invoice for 28924.com:
https://undeveloped.com/invoices/kw0m4lp0/buyer.pdf

I did not cancel any payment, I just bought 2 domains from Undeveloped.com which is a well-known domains website, and sold them to William because he offered me 700$ for them.
William contacted ME. HE wanted to buy the domains from ME. I did not force him to pay for the domains.
William just offered me 700$ for them so I accepted it.

Now GoDaddy is telling William that something is wrong with his account, and instead of trying to solve it with GoDaddy, he looks for the easy (and the wrong) way to get his domains back which is getting a refund for 700$ from the seller (which has nothing to do with the fact that GoDaddy took his domains) and then purchase the domains from GoDaddy for 761$.

If I was responsible in any way, GoDaddy would have contacted ME, and added the domains to MY cart. but that is not the situation. They sent William an email and gave HIM the option to purchase the domains from them because HE is the owner and held them for more than 3 weeks in his account before GoDaddy contacted him.

*I* didn't take the domains from William's account. *I* didn't cancel any payment. I am 100% legit, you are more than welcome to check my payment history and you will see that I NEVER did a chargeback or my payment wasn't accepted.

I really don't understand why he opened this case instead of keep contacting GoDaddy and explain the situation to them until they give him his domains back. After all, if they are giving him the option to purchase them, they can also give them back to him.
I can't control GoDaddy's actions and as much as I want to help, I will not take the hit for GoDaddy's actions.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
I bought 2 domains from Undeveloped.com (82742.com and 28924.com) on September 20th.
I held them for a few time and then William Efron offered me 700$ for the domains so I sold it to him on October 17th.

I thought these domains were worth more??

I could be wrong.
 
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I don't invest in "Numeric domains". However, once I inquired on the price for a 5 digit domain and was quoted 100k lol. Now this may or may not be a reach(It was a zipcode).

Nevertheless, I can't fathom that you bought NNNNN.com's and sold them so easy afterwards for $700, without any counter offers .....


Something just doesn't add up???????

Arn't NNNNN's worth way more?

Especially if you bought them for resell?????

That's my way of work. I do quick flips.
Used to buy 4L for 100-110$ and sell for 130$-150$ and same with 5N.

150$ for a sale is a really nice profit imo.
I did some deals with known forum members here. Ask them how it was doing business with me.

And by they way if the 5N has '4' in it it makes it be worth much lower. 700$ was the best offer I have got for them.
 
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looks like previous owner who sold through undeveloped is the one who should be held responsible
 
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Hi,

Real question here is Who was Undeveloped seller??

Undeveloped is just a platform like Sedo and other platform where they are not responsible to verify if property is stolen or not. Its not their job to do that. They have verification system and anyone who hold the name in their account can verify those steps regardless of they are stolen or not.

Now can you please elaborate how the deal happened between you and Undeveloped seller?? Can you please share your deal communication history with Undeveloped seller here for anyone to understand the process to avoid this type of situation in future.

Thanks
 
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GoDaddy NEVER told me there was anything wrong with my account. This is just a false claim to make it look like I'm to blame. If they did, show some proof.
 
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Okay, i saw his post and you explanation on this post.

It looks like you have experience in domain trading, but why your account at NP registered 6 months ago?
 
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(I do understand your need for justice), Sorry, this brings up some very old, tired memories:
(Not being sarcastic) If both of you could put out a ~4 minute YouTube video, then maybe all of this would be easier to understand the most important details?
 
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Okay, i saw his post and you explanation on this post.

It looks like you have experience in domain trading, but why your account at NP registered 6 months ago?

I was watching threads and read here for a while because I like to know the area I enter to.

After getting some helpful knowledge from you guys I felt ready and decided I want to get in this business and start bid on auctions.

I have made buainess here with a lot of known members. Ask them how fast I paid for their domains and how fast I transferred my domains to them.
 
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I'm not on any side of this case.
But, there is a common psychology of anyone, no one wants to lose money unjustly.

Hope both of you will settle this case and bring your money back.
 
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@Omer Doron - still waiting for the proof of your claim that GoDaddy said there is something wrong with my account.
 
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Hi,

Seems like my question was overlooked. So let me ask again. My question is only to learn how to avoid this situation in future which will be useful info for any other friends on NP as well. I will really appreciate if you find time and chance to respond it.

Now can you please elaborate how the deal happened between you and Undeveloped seller?? Can you please share your communication history with Undeveloped seller here for anyone to understand the process to avoid this type of situation in future???

Thanks
 
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Hi,

Real question here is Who was Undeveloped seller??

Undeveloped is just a platform like Sedo and other platform where they are not responsible to verify if property is stolen or not. Its not their job to do that. They have verification system and anyone who hold the name in their account can verify those steps regardless of they are stolen or not.

Now can you please elaborate how the deal happened between you and Undeveloped seller?? Can you please share your deal communication history with Undeveloped seller here for anyone to understand the process to avoid this type of situation in future.

Thanks
Hi,

Seems like my question was overlooked. So let me ask again. My question is only to learn how to avoid this situation in future which will be useful info for any other friends on NP as well. I will really appreciate if you find time and chance to respond it.

Now can you please elaborate how the deal happened between you and Undeveloped seller?? Can you please share your communication history with Undeveloped seller here for anyone to understand the process to avoid this type of situation in future???

Thanks

Sorry, didn't see your comment. Sure I will share what happened. I contacted Undeveloped and they sent me their conversation with the buyer.
I don't know if I can post it publicly so I am sending
Hi,

Seems like my question was overlooked. So let me ask again. My question is only to learn how to avoid this situation in future which will be useful info for any other friends on NP as well. I will really appreciate if you find time and chance to respond it.

Now can you please elaborate how the deal happened between you and Undeveloped seller?? Can you please share your communication history with Undeveloped seller here for anyone to understand the process to avoid this type of situation in future???

Thanks

Sorry pal, didn't see your comment there.
Sure I have no problem sharing what happened. Undeveloped sent me the conversation with the person who sold me the domains.
I don't know if I can poat it here on public so I am sending it to you as private message.
 
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Sorry, didn't see your comment. Sure I will share what happened. I contacted Undeveloped and they sent me their conversation with the buyer.
I don't know if I can post it publicly so I am sending


Sorry pal, didn't see your comment there.
Sure I have no problem sharing what happened. Undeveloped sent me the conversation with the person who sold me the domains.
I don't know if I can poat it here on public so I am sending it to you as private message.

Thanks. I really appreciate it. This is education for me as well as others.

Thanks for sending screenshot in PM. I really appreciate it.

  • How did you found that seller??
  • How did you found those names for sale??
  • How did you negotiated with seller??
I will really appreciate your response.

Thanks
 
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Sorry, didn't see your comment. Sure I will share what happened. I contacted Undeveloped and they sent me their conversation with the buyer.
I don't know if I can post it publicly so I am sending


Sorry pal, didn't see your comment there.
Sure I have no problem sharing what happened. Undeveloped sent me the conversation with the person who sold me the domains.
I don't know if I can poat it here on public so I am sending it to you as private message.

You can certainly post it in public, so that way everyone can figure this out.
 
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Hi,

Seems like my question was overlooked. So let me ask again. My question is only to learn how to avoid this situation in future which will be useful info for any other friends on NP as well. I will really appreciate if you find time and chance to respond it.

Now can you please elaborate how the deal happened between you and Undeveloped seller?? Can you please share your communication history with Undeveloped seller here for anyone to understand the process to avoid this type of situation in future???

Thanks

You bring up a good question and it's something that shows how inefficient the domain industry is, and how it's nowhere comparable to the regulated industries of real estate and stock markets.

Most people when they buy from an exchange don't realize that aftermarket site like @Undeveloped @GoDaddy @Sedo or @NameJet are protecting them from buying stolen names, and just give a boilerplate answer with aw shucks we are sorry and you are screwed.
 
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So these names first sold at auction on @GoDaddy for $761 https://namebio.com/blog/daily-market-report-for-september-11th-2018/

Then that buyer sells them through @Undeveloped for $550 because he likes losing $211 and the buyer there Mr.Doron sold them for $700 a quick $150 flip to Draco. GoDaddy now says the first guy who lost $211 supposedly won those auctions with bogus credit card. They took the domains back from the guy that didn't even buy them at GoDaddy.
 
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Thanks. I really appreciate it. This is education for me as well as others.

Thanks for sending screenshot in PM. I really appreciate it.

  • How did you found that seller??
  • How did you found those names for sale??
  • How did you negotiated with seller??
I will really appreciate your response.

Thanks

I saw a post on facebook on
So these names first sold at auction on @GoDaddy for $761 https://namebio.com/blog/daily-market-report-for-september-11th-2018/

Then that buyer sells them through @Undeveloped for $550 because he likes losing $211 and the buyer there Mr.Doron sold them for $700 a quick $150 flip to Draco. GoDaddy now says the first guy who lost $211 supposedly won those auctions with bogus credit card. They took the domains back from the guy that didn't even buy them at GoDaddy.

Exactly. It's such a shame that a company that makes $700M a quarter does that.
 
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I saw a post on facebook on


Exactly. It's such a shame that a company that makes $700M a quarter does that.

Thanks for the response.

Can you please share Seller's Facebook page here?? I mean I am very much interested in who the seller was.

Can you please explain in little detail how the negotiation happened between you and seller.

Yes I completely understand that so many company has lots of loopholes in them. But I really like to know who is the seller and how you negotiated the deal with him??

Thanks
 
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It seems a very complicated issue. Hopefully Godaddy will give us an answer soon.
 
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It seems as if the domains are being treated like real property.

If someone 'a' steals a guitar from 'owner' and sells it to a friend 'b' and this person then sells it to another person 'c'. Then 'c' needs some fast cash, so he sells it to random unknown person 'd' and shortly thereafter, 'd' is stopped in a traffic situation and the police find the guitar that was reported stolen by 'owner'. The police will take the guitar and will eventually clear 'd' of any wrongdoing and return the guitar to 'owner'. It is up to 'd' to find 'c' and try to get his/her money back...if they can not find 'c', then they have lost both their money and the guitar.

(disclaimer-I am not an attorney, just played one on tv once)
 
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Please share the whole process so that we can avoid this kind of situation.
 
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We can stand by Omer and verify that Omer didn't engage in any scamming activities. I understand people have lost money and might have gotten emotional about it but considering all facts Omer is definitely not the person to blame and his reputation should be safeguarded also by this forum in case false information is being spread about him.
 
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Hi,

Seems like my question was overlooked. So let me ask again. My question is only to learn how to avoid this situation in future which will be useful info for any other friends on NP as well. I will really appreciate if you find time and chance to respond it.

Now can you please elaborate how the deal happened between you and Undeveloped seller?? Can you please share your communication history with Undeveloped seller here for anyone to understand the process to avoid this type of situation in future???

Thanks

Hi,

Here's the full scope of the situation for context:

1: The original Godaddy auctions user had bought the two domains using a credit card

2: The original Godaddy user receives the domains and sells them via Undeveloped to another person (Omer)

3: Omer receives the domain from us in his Godaddy account (transaction closed at Undeveloped)

4: Draco then acquired the domain directly from Omer

5: Godaddy shortly after puts a block on the domains and tries to recover a chargeback initiated by the first auction user from the new owner of the domain (Draco)

If the original auction buyer had bought the domain at Undeveloped and performed a chargeback with us, we would have never even notified the seller of it and handled it ourselves. All Undeveloped users are protected from chargebacks and what not performed at Undeveloped but not on other platforms.

So for context, all payments that are processed by Undeveloped are insured. Payments outside of Undeveloped aren't.

Kind regards,

Reza
 
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