IT.COM

People trying to sell domains before buying?

Spaceship Spaceship
Watch

wormfood

----Top Member
Impact
1,930
I was selling a domain here (fixed price) and wanted to receive payment through paypal. Someone told me they don't have paypal and wanted to use undeveloped. I didn't really mind and agreed..But thn they were rather pushy about getting the domain into their own undeveloped account, which can't happen until the transaction is complete. I happened to check their old posts and noticed that they do have listings here where they receive payment through paypal, so no paypal was a lie? Less than 24 hours after the transaction closed at undeveloped, they report the domain sold by "outbound" and through undeveloped.
the transaction at undeveloped started on Friday evening est and officially completed yesterday.
So I was suspicious that they had already emailed people and sold it before buying. It seems unlikely that someone would be so eager to get the domain and keep asking to get it into their undeveloped account if they hadn't already sold it.
have you ever found out that someone was doing this?
 
19
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
1
•••
What?? Why cheating?
I dont see any problem if somebody made a few outbound and got g buyer I couldnt get, and then bought my domain for resale.
He makes it on his own risk because the potential already ready buyer can contact the actual owner and made a deal without "broker".
It's your risk too because he can do negative marketing to your domain, by sending spam emails, maybe even using your name while at it. It's like negative seo,
 
0
•••
You can certainly do so for your own names but not someone else's.
If I see a potential name I could sell, why not to make a few outbound and then buy the domain?
You can outbound my domains behind my back..so what?
I handreged 2 months ago expired domain and contacted the .net owner, he told me he alreadya cepted my offer 2 days ago. So somebody made him outbound without reg the domain. Do I have problem with that? no...
It was my domain, so I sold it..
 
0
•••
It's your risk too because he can do negative marketing to your domain, by sending spam emails, maybe even using your name while at it. It's like negative seo,
Really?
And when you handreg expired domain you dont think somebody already did a lot of outbound and finally dropped it and now you reg it and began to outbound again...
 
0
•••
Lol...
That is bad practice...and you are okay with it doesn't mean it's the way..you are willing to do that...you are okay if someone did that to you...that shows your beliefs not a wise and legit way of doing...

If I see a potential name I could sell, why not to make a few outbound and then buy the domain?
You can outbound my domains behind my back..so what?
I handreged 2 months ago expired domain and contacted the .net owner, he told me he alreadya cepted my offer 2 days ago. So somebody made him outbound without reg the domain. Do I have problem with that? no...
It was my domain, so I sold it..

Lol...

Do you really think everyone will do outbound and then drop the domain if didn't get any results?! Do you think all the expired domains went through this process...

I am surprised...

Really?
And when you handreg expired domain you dont think somebody already did a lot of outbound and finally dropped it and now you reg it and began to outbound again...
 
0
•••
Do you really think everyone will do outbound and then drop the domain if didn't get any results?! Do you think all the expired domains went through this process...
I am surprised...
lol... people dropped domains because they cant sell them and when come renewals they drop a lot of domains..
I also had to drop a few ones when I had no money, evey 1 euro I didnt have and I tried to sold here those domain for just 5-10$ and nobody wanted... Finally I dropped domains and in 3 months handreged one of them again... A few months ago I sold it for 100..
Yed, dropped domains mostly are domains which didnt sell
 
0
•••
lol... people dropped domains because they cant sell them and when come renewals they drop a lot of domains..
I also had to drop a few ones when I had no money, evey 1 euro I didnt have and I tried to sold here those domain for just 5-10$ and nobody wanted... Finally I dropped domains and in 3 months handreged one of them again... A few months ago I sold it for 100..
Yed, dropped domains mostly are domains which didnt sell

It's surprising you think all the expired domains were once market to get a sale and they failed to get one...
I am not saying they don't... I am saying there are numerous other reasons that might played a role in dropping the domains ...

You are saying all expired domains are dropped because of not selling...

May be it's your optimistic approach to filter out millions of domains..
 
1
•••
It's surprising you think all the expired domains were once market to get a sale and they failed to get one...
I am not saying they don't... I am saying there are numerous other reasons that might played a role in dropping the domains ...

You are saying all expired domains are dropped because of not selling...

May be it's your optimistic approach to filter out millions of domains..
I didnt say all expired domains were dropped. I said mainly.
You can write and think here whatever you want, but how it will stop tomorrow somebody from starting to make outbound on your domains?
If somebody wants to damage you he will not email you before.
So all your threads here serve nothing.
Dont take it personal, but this is business and here or you pass over somebody or they will pass over you.
Remember GD domain issue when they just took away the domain name without refund. Meanwhile you are playing here knight and gentelman the big company just say you fuckoff and continue making money.. this is business..
 
0
•••
I didnt say all expired domains were dropped. I said mainly.
You can write and think here whatever you want, but how it will stop tomorrow somebody from starting to make outbound on your domains?
If somebody wants to damage you he will not email you before.
So all your threads here serve nothing.
Dont take it personal, but this is business and here or you pass over somebody or they will pass over you.
Remember GD domain issue when they just took away the domain name without refund. Meanwhile you are playing here knight and gentelman the big company just say you f*ckoff and continue making money.. this is business..

If it happens that is whole another issue...

But saying it is right way and encouraging that is not a decent one...

All I see is you are totally okay with it and you are saying you will do it...and you are using
"all in business" as an excuse...

Well I am having different thoughts...my words and my actions build up my reputation...either in business or in real life..

Nothing personal..
Those are your beliefs.
Good luck
 
2
•••
You are funny, I said this is business and in business somebody will look your eyes telling you one thing but doing another one.
You can here explain again and again, but those who agree with you now, tomorrow will make outbound on your domains because all you just gave them great idea - sell without have the domain.
 
0
•••
I was selling a domain here (fixed price) and wanted to receive payment through paypal. Someone told me they don't have paypal and wanted to use undeveloped. I didn't really mind and agreed..But thn they were rather pushy about getting the domain into their own undeveloped account, which can't happen until the transaction is complete. I happened to check their old posts and noticed that they do have listings here where they receive payment through paypal, so no paypal was a lie? Less than 24 hours after the transaction closed at undeveloped, they report the domain sold by "outbound" and through undeveloped.
the transaction at undeveloped started on Friday evening est and officially completed yesterda
So I was suspicious that they had already emailed people and sold it before buying. It seems unlikely that someone would be so eager to get the domain and keep asking to get it into their undeveloped account if they hadn't already sold it.
have you ever found out that someone was doing this?
Its called arbitrage,when this happens with stocks or commodities it comes down to price ,but with this it comes down to fill or kill, the guy already was paid ,so it came down to you giving up the domain,this happens all day long at afternic sedo and so on ,when we buy and sell domains and most of the time now its all BS,so it is what it is ,if both sides agree the guy is a middle man ,this is what makes the world go round,The middle man has no risk and makes the most money.
 
0
•••
Its called arbitrage,when this happens with stocks or commodities it comes down to price ,but with this it comes down to fill or kill, the guy already was paid ,so it came down to you giving up the domain,this happens all day long at afternic sedo and so on ,when we buy and sell domains and most of the time now its all BS,so it is what it is ,if both sides agree the guy is a middle man ,this is what makes the world go round,The middle man has no risk and makes the most money.

yes, but we are talking about the parties not knowing and not agreeing upfront.
 
1
•••
I don’t mean to be disparaging - but the sides to this debate are perhaps divided between people who have been involved in real world business, and those who are just dabbling in it.

In the real world whether it’s commodities or a business or a product or even something unique like real estate or a domain or a work of art or literature, people are constantly trying to offer it for sale for more than they think they may acquire it for before they have it in their hands. There are many different ways to do this and involving the owner with an options contract or divisible draft or letter of credit or exclusive right to sell or other brokerage agreement or non-circumvention agreement or some such are ways to do it but another is to offer something for sale before you even have it or have even spoken to the owner or alerted him to what is going on. This is all accepted practice in business and has been going on for tens of thousands of years.
 
Last edited:
0
•••
People trying to sell domains before buying?
Interesting insight into the community's relative mentality... reading through the posts here, seems most people are very critical of such practices on ethical grounds. It would be interesting to see how many of them partake in GoDaddy's and others' equally unethical expired domains auctions, which represent the same "business model" writ large: auctioning of domains owned (registered) by third parties unaware their domains are being auctioned off! :sneaky:

For the record: I agree it's unethical. Then again, exploiting employees to do work for you for a fraction of your profits is equally unethical, but people most successful at this are revered as captains of industry. Go figure! :ROFL:

Anyways, would I do it? Nope! For a number of practical reasons, ethics not figuring in it in the least! Speculation, one of the core foundations of capitalism, is unethical by definition. So what? Should we revisit communism because of that? :xf.wink:
 
Last edited:
3
•••
You are funny, I said this is business and in business somebody will look your eyes telling you one thing but doing another one.
You can here explain again and again, but those who agree with you now, tomorrow will make outbound on your domains because all you just gave them great idea - sell without have the domain.

Lol...

You are saying you will do it...and you are okay with it...

I am saying it is not a good way and I am not using those practices..

About others we can't control and if say something and do something...that shows their standards..

Well... No hard feelings..

You said your opinions I stated mine.

Good luck.
 
0
•••
After 149 (+) positive transactions, i'm removing all of my names from here if this is an accepted practice.
 
6
•••
You don't think your trade in is being shopped around with wholesalers when your buying your new car. I have seen it happen before and it has been discussed on this forum.
 
0
•••
I don't part with my money until the whois shows. If it showed up in your name you get an email from me.
 
1
•••
Interesting thread. I liked both "parties" ))

As for me, i find absolutely nothing "unethical" in this practice; however the examples of what harm might be done by this to many parties involved, ensure me that the practice is bad.
 
0
•••
Another thing to consider is that even if your domain name is for sale at least passively, unauthorized 'brokering' of your domain can depreciate its value in the eyes of interested parties.

For example, some domainers like me don't do outbound, only act on inbound offers. Because if you contact the end users, then you lose the upper hand.
Imagine you are contacted out of the blue by an end user, you show reluctance to sell, and they tell you "but 'you' contacted us recently with a view to selling the domain".

Your bargaining position is now weakened because somebody not authorized by you expressed willingness (even eagerness) to sell your domain, thus undermining your ability to extract the very best price from a motivated end user.

We are talking about unique assets here, that's why the comparison with cars or dropshipping is not valid.
 
11
•••
Lol - i did not even know that someone created this useless thread -

I bought domain on friday and sold today . What is wrong ?

I can feel your pain :-P But there is nothing wrong we are buying domains for selling purpose .

Anyway - i am buyer and seller .

I noticed that you didn't pay the full price of $35.

that's the only thing i see wrong.

u should give the other $5 anyway.

otherwise negative feedback from seller.
 
1
•••
If I see a potential name I could sell, why not to make a few outbound and then buy the domain?
You can outbound my domains behind my back..so what?
I handreged 2 months ago expired domain and contacted the .net owner, he told me he alreadya cepted my offer 2 days ago. So somebody made him outbound without reg the domain. Do I have problem with that? no...
It was my domain, so I sold it..

It's illegal to outbound domains that are not owned by you. Outbounding unregistered domains is considered spam and scam.
 
1
•••
I noticed that you didn't pay the full price of $35.

that's the only thing i see wrong.

u should give the other $5 anyway.

otherwise negative feedback from seller.
What are you saying ? I said that i can do $30 he agreed - why should i pay $5 more ? Only because i sold that domain after buying ? Lol
Another story : i bought another domain here for $35 and sold after month for $1000 - he was selling for $60 , i offered him that i can pay $35 he agreed . Out of sense you guys are amazing - anyway we agreed at deal -
 
1
•••
What are you saying ? I said that i can do $30 he agreed - why should i pay $5 more ? Only because i sold that domain after buying ? Lol
Another story : i bought another domain here for $35 and sold after month for $1000 - he was selling for $60 , i offered him that i can pay $35 he agreed . Out of sense you guys are amazing - anyway we agreed at deal -

You first agreed to $35, then tried to renegotiate a false price under false terms because you said "you can't pay more than that with Undeveloped invoice." which is a lie. if it's a lie, then the agreement to $30 is null because it's misrepresentation.

just because the seller is desperate for $30 doesn't mean you should give him $30 when you agreed to $35.
 
0
•••
You first agreed to $35, then tried to renegotiate a false price under false terms because you said "you can't pay more than that with Undeveloped invoice." which is a lie. if it's a lie, then the agreement to $30 is null because it's misrepresentation.

just because the seller is desperate for $30 doesn't mean you should give him $30 when you agreed to $35.
Lol - who said i agreed at $35 ? Did i post sold in thread ? Did i offer anything - i just said i can pay via undeveloped he said okey fine - i said i can $30 via undeveloped.com - okey from his side he agreed - problem is not $5 , problem is why i sold name which he could not :xf.wink: . I did not took domain we both agreed at deal . He got a deal $30 because he was bumping his thread and reducing price daily -
 
3
•••
Back