Premium Listing Sold on GoDaddy for $99,999.00, My list Price, GoDaddy Nonresponsive

I too would like to know what the domain actually sold for, and what the original listing price was.

I don't think you can set a floor price on Godaddy Premium listings, at least according to these instructions, which may be out of date:
https://uk.godaddy.com/help/adding-domains-to-premium-listings-3492
Can anyone access that and confirm?
I can't seem to access that interface in my GD account, just the new interface for listing domains on Afternic from within a Godaddy account.

If on the other hand you are using the new Afternic (and through them Godaddy) listing service within the Godaddy website, there is a field to enter a floor price. So I too would like to know if this name was listed with a floor price.

It is just possible some discussions are taking place between Godaddy and the seller, or Godaddy and the buyer, or all three, or between Godaddy staff.

farouk20 said:

Thread should be locked till Op is ready to be truthful

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You can say that again!

Oh...looks like you did.

I updated a price on Afternic today and the displayed price on Godaddy updated in real time, or within five minutes - it was less than five minutes before I checked and the change had appeared at GD.

dande said:

@Ategy.com I think all these crazy conspiracy theories (mine inclusive) are coming in because the OP has refused to follow up with his thread. It's time we quit this thread for good. You can't create such massive discussion with so much information at the beginning, only to disappear when it starts heating up, leaving room for all sorts of imaginations.

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heartsforhemp said:

Unfortunately as much as it hurts me to discuss the outcome, it was a malfunction on GDaddys software, and was sold at an undisclosed previously listed price , not $99,999.00 . I have decided to let it go at it's previously listed price...

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heartsforhemp said:

No was less than 5 figure, was a low price ...

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I don't understand why all of you are concerning yourself with the exact price the domain was sold at? That really is completely irrelevant. @heartsforhemp already told us it was for significantly less .. and more importantly, he already mentioned the one EXTREMELY IMPORTANT fact that actually DOES matter to us in judging what's at fault here .. which is that it was sold for what was set as the previous price (the exact amount is really irrelevant here), which gives a very large indication that the problem is the usual .. bad GoDaddy platform logic.

VERY IMPORTANT:
The other question that really must be asked is WHERE the domain actually sold?
*IF* it was at another 3rd party registrar, and the price update had propagated at Afternic, GoDaddy, and some (but not all) of their registrar aftermarket sales network, then we have a HUGE potential problem. Effectively someone can scan large catalogues of aftermarket domains and search for price changes. In most cases domainers change pricing for arbitrary reasons, but in some cases they could want to drastically increase a price because of an event or news headline. In such a case the person scanning for price increases can look at each domain and judge for themselves if the domain's value has justifiably increased. If the answer is yes, AND if they know which partner registrars are the slowest to update, then they would actually now have 24(+?) hours in which to cheat the system and get the domain at a huge discount!

Example:
Let's say there's a very rare virus called Xyzira, and you own Xyzira.com and XyziraVaccine.com .. then suddenly there is a huge Xyzira outbreak infecting hundreds of millions of people. You rush to your computer to adjust your prices from $2000 to $200k thinking there's obviously some pharma company who will pay for it. But then the person who is tracking domain price changes gets an alert that your domains increased in price (at GoDaddy). Based on the domains and the news, the person immediately recognises the value and goes to a slow-updating partner registrar 23 hours later and buys the domains for the old $2000 price!

That is what you should all be worried about .. ACTUAL loopholes and bad logic that could cost us big money if someone was positioned to take advantage of the sloppy and lazy logic.

So in this case, the delay certainly is an issue .. but also the delta in time between when the price changes at GoDaddy and when it actually changes at the slowest updating registrar is also a potentially serious issue.

This isn't the situation because of evilness at GoDaddy .. it's a problem because platform logic and algorithm design has time and time again proven to be an extreme problem at GoDaddy.

Again though .. you could most certainly make claims that at some point all these errors add up to an obvious negligence on their part that they very well could or should be responsible for. But they are not deliberately creating these loop-holes to be actively exploited. They are good people working in a huge machine that is obviously lacking at the very critical heart of their platform .. which is logic verification and auditing of how each part and element of the network are related to and affected by each other (automated emails included).

In all fairness, the scope of their multi-segment platform is truly immense and significantly more complex and inter-related than almost anything else out there. It's unthinkable to assume everything would always be perfect and glitch-free right from the start. But again .. a multi-billion dollar company really should be doing a better job at this point.

Ategy.com said:

I don't understand why all of you are concerning yourself with the exact price the domain was sold at? That really is completely irrelevant. @heartsforhemp already told us it was for significantly less .. and more importantly, he already mentioned the one EXTREMELY IMPORTANT fact that actually DOES matter to us in judging what's at fault here .. which is that it was sold for what was set as the previous price (the exact amount is really irrelevant here), which gives a very large indication that the problem is the usual .. bad GoDaddy platform logic.

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I'm a bit confused on this point because earlier in the thread at https://www.namepros.com/threads/pr...ddy-nonresponsive.1135170/page-5#post-7221857 I asked if the amount received, or to be received, matched either the original listing price or the new listing price. OP replied that they did not match. I asked because OP themself expressed doubt about just what price the domain sold at.

carob said:

I'm a bit confused on this point because earlier in the thread [..] I asked if the amount received, or to be received, matched either the original listing price or the new listing price. OP replied that they did not match. I asked because OP themself expressed doubt about just what price the domain sold at.

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Admittedly @heartsforhemp could have been clearer and more detailed (and used a bit more punctuation).

But what I understood from it all is as follows.

- OP set original low price some time ago.
- OP increases his price.
- Buyer buys domain (at unknown registrar) APPARENTLY at the old price.
- OP gets receipt with new price.
- OP tries in vain to get more info from GD.
- OP initially gets conflicting info from rep (saying it sold for more, although he too likely assumed $99k)
- OP gets informed of glitch in GoDaddy platform.
- OP decides to sell domain at original price.
- OP realises that just because he's getting paid the original amount, does not mean that's what the buyer actually paid.

As such .. Given all the issues .. OP is suspicious because there is no way to actually prove what the domain actually sold for. In theory it is possible the domain sold at a 3rd party registrar for $99k, but the OP is only being given the original price .. with either GoDaddy or the 3rd party registrar pocketing the difference because they knew how to exploit the system.

NOTE: While that was most certainly possible, and I'm sure fairly most GoDaddy employees are honest people .. it's also likely not 100% of GoDaddy employees are 100% honest and 100% truthful .. but I personally don't think there is any foul play involved here (other than the foul stench of a horribly developed GD platform .. lol)!

I also want to reiterate that despite all my (MANY) complaints about GoDaddy's platform and GoDaddy's lack of action and feedback on an unacceptably large number of issues; I'm sick and tired of all the conspiracy theories and insinuations of GoDaddy being this evil corporation deliberately being evil and actively creating all sorts of loop-holes in their platform for them to exploit and steal our hard-earned money. The much simpler and likely scenario is simply that they have not applied enough priority and resources into the ROOT of the problem .. which is as I explained in my above post ... a fundamental lacking of proper logic verification and platform auditing!

The biggest reason I'm pretty sure of that in this instance even more is that I really can't imagine anyone ever buying the domain in question for $99,000 .. and not even $9,900 for that matter (ironically proving my point is that I can't even remember the domain .. lol .. but seem to recall low $xxxx would have been a good sale).

But again .. while I feel EXTREMELY bad for the seller in this case (I myself have a suspicious non-sale via GoDaddy that dampened my spirits last year in an actual case where a staff was not transparent and likely lied to me .. but that's a different topic) .. I think there are much more serious and important issues going on here (again .. as mentioned above)

Ategy.com said:

The biggest reason I'm pretty sure of that in this instance even more is that I really can't imagine anyone ever buying the domain in question for $99,000 .. and not even $9,900 for that matter (ironically proving my point is that I can't even remember the domain .. lol .. but seem to recall low $xxxx would have been a good sale).

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Any amount would have been ok on a normal sell. Here, OP has celebrated 99,999, took day out from work perhaps without the employer's permission, paid off some debits, and probably planned how to start afresh with good money. Suddenly there's no money. Event like this could lead to trauma for some people.

Sedo have taught me not to celebrate any potential sell until the money is in my account. I feel so bad for OP that he is learning same the hard way.

Ategy.com said:

After seeing and reporting soooooo many bugs and issues at GoDaddy I'm fairly confident the erroneous "receipt" was simply due to EXTREMELY sloppy email logic.

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That and, IMHO, combined with someone who was aware that they could "update the price" immediately upon the domain name selling somewhere in order to generate the error.

The notion that this name was worth, or sold for that amount, is absurd. So, you have to ask yourself why did the OP raise the price to the maximum amount just as it was being purchased for the original BIN price? That's quite a coincidence, don't you think?

The stories that get told and believed here at Namepros are sometimes pretty amazing.

jberryhill said:

That and, IMHO, combined with someone who was aware that they could "update the price" immediately upon the domain name selling somewhere in order to generate the error.

The notion that this name was worth, or sold for that amount, is absurd. So, you have to ask yourself why did the OP raise the price to the maximum amount just as it was being purchased for the original BIN price?

The stories that get told and believed here at Namepros are sometimes pretty amazing.

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The OP is a friend of mine and I’ll tell you exactly what happened -

He had prices set for his domains at godaddy only and initially they were very low. On Monday he text me and said he had updated pricing to $100k each and was just going to sit and wait. On Tuesday or Wednesday the domain in question was purchased at the bin price and he got a receipt from godaddy saying it sold at $99,999, which was the set price.

Now, godaddy can hide behind the fact that their system doesn’t update in real time. They can also refer us to the tos. Both are bullshit excuses in this day and age!

And btw, what you think it’s worth isn’t relevant. Oh the OP should know better, my ass. GoDaddy, being a billion dollar company should have their platform in working order.

The OP knew you could update the price at the moment it was selling to generate an error? I respect your knowledge of domain law but that statement you just made is absolutely ridiculous. As if he was aware it was selling number 1. And if it in fact sold, there is no going back to update pricing. I’m shocked you of all people would say something like that.

xynames said:

I’m sympathetic to the OP but here again we’ve got a two day old thread where someone starts a thread and won’t even give us key info - the key info of what the old BIN price on the domain was and how long that old price was in place. As if none of that matters and all that matters is the absurd 99999.99

At least OP gave us the domain name which is useful to provide context. Some of these threads don’t even give us that. I think here - withholding the domain name actually would be more understandable than withholding the old price.

Obviously what happened here is the domain sold for the old price and the system cached the new price in the automated notifications.

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I was thinking same too.

Keith said:

I’m shocked

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MSN-Domains said:

Every story on this forum is turning into how can we be outraged, Quite pathetic

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The reason the OP is not posting any further is because he knows it was a simple system error (and by error I just mean that the auto-notifications were based on the updated price) and there is nothing more to be done about it. Also, he knows that the price 99999.99 was just an "out to lunch" indicator, not a serious asking price for a domain like this, and that he should have known better than to assume that a domain like this could possibly have sold for that.

I am no longer asking the OP to post what the domain sold for and whether he received exactly that minus commission, because his silence makes it obvious that the domain sold for exactly the old price and that he received exactly that old price minus commission.

xynames said:

The simple explanation of that the system hadn’t yet propagated the updated price is in fact the truth.

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When we update websites or change nameservers we have to wait for this to propagate why would we assume that a change in price could propagate instantly through multiple marketplaces, some not even related by ownership.

Let's get real here, and back to business.

Really the MAIN point of interest here is whether it was simply a coincidence that the domain sold soon after he raised the price, i.e. did it sell because its price was set relatively low (a few hundred dollars I imagine) against the backdrop of recent renewed interest in hemp (which is nothing new, I have a friend who was pushing this hemp one or two decades ago, hell George Washington used to grow hemp 250 years ago).
----OR, did maybe some buyer notice the higher price at one platform, and then find it for much less at another, and decide to jump on it? In which case, OP should be thankful for how it went down that he sold a low end domain name just like that that had been sitting there unsold for a while.

Another point of interest would be - where exactly did the domain sell? And where exactly did the OP update the price? If he'd updated it at Afternic and then it sold at the old price at Afternic, that would be not good at all. If he updated it at Afternic and it sold at the old price at GoDaddy, that also might be a tad sketchy as they are the same company, but not quite as unfathomable as an update not happening quickly on the same platform. However, if he updated it at Afternic or GoDaddy and it sold at the old price at some partner site not owned by Afternic or GoDaddy that would seem more reasonable.

xynames said:

The reason the OP is not posting any further is because he knows it was a simple system error and there is nothing more to be done about it. Also, he knows that the price 99999.99 was just an "out to lunch" indicator, not a serious asking price for a domain like this, and that he should have known better than to assume that a domain like this could possibly have sold for that.

I am no longer asking the OP to post what the domain sold for and whether he received exactly that minus commission, because his silence makes it obvious that the domain sold for exactly the old price and that he received exactly that old price minus commission.

When we update websites or change nameservers we have to wait for this to propagate why would we assume that a change in price could propagate instantly through multiple marketplaces, some not even related by ownership.

Let's get real here, and back to business.

Really the MAIN point of interest here is whether it was simply a coincidence that the domain sold soon after he raised the price, i.e. did it sell because its price was set relatively low (a few hundred dollars I imagine) against the backdrop of recent renewed interest in hemp (which is nothing new, I have a friend who was pushing this hemp one or two decades ago, hell George Washington used to grow hemp 250 years ago).

Another point of interest would be - where exactly did the domain sell? And where exactly did the OP update the price? If he'd updated it at Afternic and then it sold at the old price at Afternic, that would be not good at all. If he updated it at Afternic and it sold at the old price at GoDaddy, that also might be a tad sketchy as they are the same company, but not quite as unfathomable as an update not happening quickly on the same platform. However, if he updated it at Afternic or GoDaddy and it sold at the old price at some partner site not owned by Afternic or GoDaddy that would seem more reasonable.

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The only error is with the lag that godaddy has in updating prices. It’s amazing that I can do an internal account change there in seconds. Can also change dns and it updates in seconds. I can place a bid on auctions there and it’s recognized immediately.

What it sold for and the 10 previous listed bin prices are irrelevant. The domain sold well after the list price was changed to $99,999. Why are all other features at godaddy instantaneous when updated, but wait...it’s not instantaneous if I increase my price and it sells a day later?! Now godaddy wants me to accept a lower price than list because their system is slow. Absolute bullshit.

Keith, no offense, but you're still taking outrage at how the cache works - so obviously things do NOT update instantly, you lost that auction at GoDaddy because you were looking at cached versus real time results, and you still think you won the GD auction and that bids were taken in real time after the close (Not! the case).
And, NameServers do NOT update instantly all across the internet, nor does WhoIs, or anything else. The problem is that there is Your world, and then there is the Real world. Sure some THC isn't making it into that hemp you might be smokin'?

xynames said:

where exactly did the domain sell? And where exactly did the OP update the price? If he'd updated it at Afternic and then it sold at the old price at Afternic, that would be not good at all. If he updated it at Afternic and it sold at the old price at GoDaddy, that also might be a tad sketchy as they are the same company, but not quite as unfathomable as an update not happening quickly on the same platform. However, if he updated it at Afternic or GoDaddy and it sold at the old price at some partner site not owned by Afternic or GoDaddy that would seem more reasonable.

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Really it would be good to know where exactly the OP updated the price and where exactly the domain sold. If sold on a partner site not owned by the place where he updated the site, would make more sense.

xynames said:

Keith, no offense, but you're still taking outrage at how the cache works - so obviously things do NOT update instantly, you lost that auction at GoDaddy because you were looking at cached versus real time results, and you still think you won the GD auction and that bids were taken in real time after the close (Not! the case).
And, NameServers do NOT update instantly. The problem is that there is Your world, and then there is the Real world.

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The issue is, you don’t pay attention. Bids at godaddy are recognized immediately. There app doesn’t process right away but that’s a separate issue. Try changing dns on one of your domains, it will update immediately. Go bid on any listed domain, it will accept your bid immediately.

The op took money that I would’ve rejected. These companies try to bully people and it works with folks like you, but it doesn’t fly with me. Ask escrow how it worked out when they tried to make me cancel CBDcity sale.

The customer is in the drivers seat because they are the owners of all inventory. Godaddy is just a facilitator and not a dictator.

Dunno why you quote the post that is directly above what you are responding to. Just clutters up the forum, and is unnecessary. Some forums have a rule against that.

Anyway, there is again, Your world, and the Real world. It makes perfect sense that someone who thought that bids were taken after an auction closed, would think how you think though.


I accept some of the things you say, just not all of them. For example, that this is not a happy situation. I agree! But, WHY it happened - no conspiracy, just the way the internet works.

xynames said:

Dunno why you quote the post that is directly above what you are responding to. Just clutters up the forum, and is unnecessary. Some forums have a rule against that.

Anyway, there is again, Your world, and the Real world. It makes perfect sense that someone who thought that bids were taken after an auction closed, would think how you think though.

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I quote you because usually when you post here it’s bad info. Leave sales to people that know what their talking about.

Why is it that we’ve never heard of this happening at Sedo or any other godaddy competitor? It’s because everywhere else updates changes to pricing in real time. Godaddy is not up to speed and opts to hide behind tos instead of making necessary updates.

xynames said:

I accept some of the things you say, just not all of them. For example, that this is not a happy situation. I agree! But, WHY it happened - no conspiracy, just the way the internet works.

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That's not how the internet works friend. Quit trying so hard to be all knowing about how Godaddy operates and how internet should be. Your world isn't really the real world as you think.

Update domain prices on Sedo, it will reflect instantly on Dynadot and elsewhere. Bid on Sedo Auction, it will reflect in real time, as long as you're connected to the internet. I mean you don't have to refresh page to see live auction results and time at Sedo That's how live market works and that's how live market should be.

Why can't Godaddy of all people be at least like Sedo? And you're trying so hard to make them right and make everyone else seem wrong.

I am no fan of GoDaddy. AVOID GoDaddy hosting company they will shut down all your sites if even one Trademark claim is made but unlike some of you, I don't get outraged over situations like this where it was a simple matter of the old price not propagating across the system. (Which still, we don't even know from the OP, which system? Partner? Affiliate?) Live with it, or just keep getting outraged with no resolution.

The function of whether a price propagates instantly across multiple unrelated platforms is as much up to the receiving party than the sender.

Just because you say that an update at Sedo updates instantly at DynaDot doesn't make it so...indeed, what are you talking about? DynaDot marketplace is independent and no price change anywhere else affects the price at the DynaDot marketplace for my domains that are registered at DynaDot.

Keith, you're a conspiracy theorist. Not nearly on the level of say, the Monster, but not entirely grounded in reality either. Other than maybe one or two other conspiracy theorists here no one agrees with you, and more than a few of your posts or threads that you create are long ones complaining woe is me about how you were wronged. So coming in here and saying that anyone, let alone me, is giving bad selling advice, is ludicrous and just makes you look bad. I won't bother to elaborate on the obvious, that whatever you are doing is not selling much if any domains lately.

First of all, congrats to OP for a sale and thanks for the mind expanding post about possible niche 'handles' in the cannabis industry.

Just for fun, I went to my Epik marketplace and altered the pricing on a few dozen names back and forth a few times...pretty much updated immediately. This 'accepted' delay to update pricing by daddy of a couple of days is ludicrous...a couple of hours should be the max in light of the technology available.

Funsky, is this update all across Epik happening immediately just across Epik, or all across many different platforms, such as partner sites that are not owned by Epik and have nothing to do with Epik. THAT should be the question.

xynames said:

Funsky, is this update all across Epik happening immediately just across Epik, or all across many different platforms, such as partner sites. THAT should be the question.

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That is kinda my point in a way...daddy, with all its 'partner' sites should have a system advanced enough to initiate changes in a reasonable amount of time across them all.

It is a matter of programming and hardware...they have deep enough pockets to pull both off at any time they wish. If they have a 'partner' site that can't keep up, well, that site should not be a partner.

Well as I mentioned, it's as much up to the receiving end as the sending, the speed of update. Partners and Affiliates are not the same thing as wholly owned subsidiaries.

I can say I just conducted a real test from Sedo, I changed the price on a domain name, it was instantly changed at Dynadot, Epik and Name.com it still has not updated in 33 minutes.