Undeveloped.com Experience

@Undeveloped found a small bug: After deleting domain description there is still empty "Seller's notes about this domain" section on the landing page, because wysiwyg editor leaves empty paragraph tag - <p></p>. Cheers.

alcy said:

whois shows dns.undeveloped for it already.. so I think it should just show 2015.co in address bar.
is this odd?

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Have a look at >Settings and see if this box is ticked:

https://undeveloped.com/users/settings/for_sale

Host your for sales page on Undeveloped.com
Redirect your buyers to your internal marketplace for sales pages

By enabling this feature all traffic on your domains will be forwarded to for sales pages hosted on Undeveloped.com, including live support. When you don't opt-in for this feature, your buyers won't see our live support widget on your for sale pages.

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@Undeveloped

suggestion:

any chance you can add a quick link somehwere that shows either one or both: buyers activity levels in terms of purchases... same for seller... in the past few months or say a year.. as well as buyers location country (not just the ip address)... and since when member is on undeveloped?

I am not talking about an entire feedback system thats hard to implemnet. and imo not useful... but what I just said above.. activity level, year joined you, and country.. would be extrmeely helpful for buyer and seller to have a rough idea about buyer status.. and thus payment potential etc..

something along the lines of what sedo does.. I attach foto below.. with explanation for activity levels.. the window on left basically shows up after we click on a single link caled "information on buyer"

what do you think? its such simple few pieces of info placed into one link, that they probably take little time to code..

thanks!!!

Nice with the new rental feature. But as mentioned, there should be an option to buy also.

I wonder what it is a reasonable monthly rent? One percent of the BIN? Or less or more? I guess there is no standard for this.

Also not sure if Undeveloped has a minimum amount. Maybe their administration cannot support sending just a few dollars per month with bank fees and everything.

I am starting to get fed up of no payers and jokers on undeveloped it seems to happen far to often and something else needs to be put in place.

If this carrys on i will move thousands of domains away as i feel we dont get enough info about buyer and lots of people are getting away with not paying and i cant do much with fake email address and number .....

Really annoying

@wizard may I ask for your portfolio size?
I've never recieved any fake order/purchase with around 150 names (sold few this year) but I see many people are complaining about that. Thanks

talking.domains said:

@wizard may I ask for your portfolio size?
I've never recieved any fake order/purchase with around 150 names (sold few this year) but I see many people are complaining about that. Thanks

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I have 4,000 on undeveloped and thousands more on other platfroms at the moment but normally adding a few each day with only 150 names you wont notice this...

carob said:

I read somewhere on Undeveloped.com that sales are not published - can anyone find that exact text? Because it wasn't clear if that is a policy and whether that means sellers or buyers should not publish sales. When Undeveloped.com publish sales, as above, do they seek consent of buyer and seller?

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I can't find the exact post but I am pretty sure that although Undeveloped do not publish sales data they are not opposed to the seller and/or buyer choosing to do so. The Undeveloped sales you see reported on NameBio, DNJournal, and here on NPs come about that way. The situation is the same with Afternic, that are not reported except by buyer and/or seller.

carob said:

By comparison, as I recall on Sedo all sales by default are public unless you tell them to not publish your sales

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My understanding (I have not personally tried to sell on Sedo, so hopefully this is still correct) is that Sedo normally publish unless the buyer or seller pay an extra fee to keep the transaction private.

talking.domains said:

@wizard may I ask for your portfolio size?
I've never recieved any fake order/purchase with around 150 names (sold few this year) but I see many people are complaining about that. Thanks

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u mean u never had a buyer who did not pay? on how many sales roughly? cause 100% pay ratio is almost impossibke...on any market...but i do agree it seems to happen more on undev...vs say sedo or gd

wizard said:

I am starting to get fed up of no payers and jokers on undeveloped it seems to happen far to often and something else needs to be put in place.

If this carrys on i will move thousands of domains away as i feel we dont get enough info about buyer and lots of people are getting away with not paying and i cant do much with fake email address and number .....

Really annoying

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Unfortunately i'm seeing the same thing, had 2 fake buyers in around a week and i'm now at the point where I simply don't believe anymore if payment will go through or not (today agreed a sale, payment not gone through yet, no idea if legit or not). It's getting worse lately, getting beyond a joke now. I'm also talking about people negotiating with me and still refusing to pay when payment is accepted.

Something has to change here or else i'm going to consider my options as well.

joro001 said:

Unfortunately i'm seeing the same thing, had 2 fake buyers in around a week and i'm now at the point where I simply don't believe anymore if payment will go through or not (today agreed a sale, payment not gone through yet, no idea if legit or not). It's getting worse lately, getting beyond a joke now. I'm also talking about people negotiating with me and still refusing to pay when payment is accepted.

Something has to change here or else i'm going to consider my options as well.

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Yes @Undeveloped something needs to be put into place far too many happening now...

joro001 said:

Unfortunately i'm seeing the same thing, had 2 fake buyers in around a week and i'm now at the point where I simply don't believe anymore if payment will go through or not (today agreed a sale, payment not gone through yet, no idea if legit or not). It's getting worse lately, getting beyond a joke now. I'm also talking about people negotiating with me and still refusing to pay when payment is accepted.

Something has to change here or else i'm going to consider my options as well.

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but how can this be platforms fault? or why do u think they would pay elsewere? other platforms do not have any special measures in place like charging buyer right away etc..so why should we think it would work better elsewhere? thoughts?

I think a probable solution of addressing buyers not paying and sellers being in control could be to allow sellers to be able to send messages to buyer through chat box until to the point transaction closes. Obviously Undeveloped could still oversee the process but I think it'll enable us to remind buyer through use of chatbox regarding payment and would give us sellers more control.

Does anyone have a feeling for what drives the nonpaying customers? Is it people who are deliberately messing with the system for nefarious purposes, or are most people who intended to buy the domain name but then had second thoughts right after, or possibly people who legitimately want to buy but have problems with a payment method? How to deal with situation depends on which most are.

-Bob

UmerK said:

I think a probable solution of addressing buyers not paying and sellers being in control could be to allow sellers to be able to send messages to buyer through chat box until to the point transaction closes. Obviously Undeveloped could still oversee the process but I think it'll enable us to remind buyer through use of chatbox regarding payment and would give us sellers more control.

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Yes true the issue is you dont have much control and dont see anything like the others show ie email etc so we all rely 100% on undeveloped following this up with the buyer i find if they dont pay in the first few days they never do pay.

UmerK said:

I think a probable solution of addressing buyers not paying and sellers being in control could be to allow sellers to be able to send messages to buyer through chat box until to the point transaction closes. Obviously Undeveloped could still oversee the process but I think it'll enable us to remind buyer through use of chatbox regarding payment and would give us sellers more control.

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thats great idea
why @Undeveloped isnt doing it?
u can now ask undev to remibd buyer but its not same as u having control..its almost like undev doesnt trust enuf sellers they have skill to finalize sale.. while currently opposite is true and many sales now fail while under undev control

wizard said:

Yes true the issue is you dont have much control and dont see anything like the others show ie email etc so we all rely 100% on undeveloped following this up with the buyer i find if they dont pay in the first few days they never do pay.

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I also believe we as sellers underuse chat box, before agreeing on a price provided its negotiated agreement, we can explain to buyers that there is time constraint, we could also set BIN and ask buyer to hit that as that'll require them to go through checkout their won't be non payers. I totally understand what you're saying and I believing an option for buyer and seller to communicate through chatbox could help us sellers be in a lot more control than we are right now.

alcy said:

thats great idea
why @Undeveloped isnt doing it?
u can now ask undev to remibd buyer but its not same as u having control..its almost like undev doesnt trust enuf sellers they have skill to finalize sale.. while currently opposite is true and many sales now fail while under undev control

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It also would mean that there won't be snitchers, quite sure a platform that solely relies on a minimal %age of commission is perhaps scared to give away control because there's many people out there who'd go around them and close deals privately should they get the lead themselves.

Bob Hawkes said:

My understanding (I have not personally tried to sell on Sedo, so hopefully this is still correct) is that Sedo normally publish unless the buyer or seller pay an extra fee to keep the transaction private.

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I think that may only apply to the use of Sedo Escrow services. I do know as a seller you can keep all sales private at no cost as a global setting. Not sure what options are currently presented to a buyer. Last time I bought a domain there (ie via the marketplace, not escrow only) sale remained private, and there was no box to tick to make it private or public.

It would help to clarify what the public/private publishing options/consents/defaults are on Undeveloped.

alcy said:

but how can this be platforms fault? or why do u think they would pay elsewere? other platforms do not have any special measures in place like charging buyer right away etc..so why should we think it would work better elsewhere? thoughts?

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From my experience it's worse at undeveloped than elsewhere as of this moment in time.
The legally biding contract is ignored by buyers they simply don't care about it and just ignore threats etc. knowing nothing to fear at the 3/4 figure level if they default. If buyers don't care about it then remove it entirely and just accept a ton of time wasters, will probably get more sales without it.
At SEDO for example barely had a fake buyer, same with afternic, there's something wrong here.

The binding contract is just not even worth putting on undeveloped as all the non payers get away with it never had so many on sedo or afternic just seems a mass of fake bids now or buyers...

Are domains taken off the marketplace when a price is agreed?

If so, fake buyers can have motives to tie up a domain - to remove competition, to freeze it at that price while they sell it on to someone else, to hold it while they try to gather funds. Or they are just gathering data about what price it would really sell at.

Is there no way to put an advance charge/deposit on offers?

UmerK said:

It also would mean that there won't be snitchers, quite sure a platform that solely relies on a minimal %age of commission is perhaps scared to give away control because there's many people out there who'd go around them and close deals privately should they get the lead themselves.

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well imo if soneobe wants go round undev they can try so it before sale closes..ni need wait aftr

carob said:

Are domains taken off the marketplace when a price is agreed?

If so, fake buyers can have motives to tie up a domain - to remove competition, to freeze it at that price while they sell it on to someone else, to hold it while they try to gather funds. Or they are just gathering data about what price it would really sell at.

Is there no way to put an advance charge/deposit on offers?

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Its taken off while the sale is agreed but if you have no joy getting funds its easy to get it back listed.

Maybe the only way is for them to place a small deposit to remove fake buyers..