Warning to Dan and Sedo

topdom · Feb 11, 2020

Don't show sellers' info to buyer before payment PERIOD !

It is extremely unfair , invites fake offers, is against privacy and gdpr.

Whoever cheats, should "lose information", cheaters should be punished, not victims!

Buyer can say, people from that country can't take legal action against me, and I don't that like that country, or I learned name of the seller and this was my real purpose; and not pay.

Any dirty games before payment shouldn't be allowed. Payment is proof of sincereness

I blame sedo and dan, but maybe afternic is the same, if so I blame them as well.

...........
And what I don't like about afternic: We don't know if price requests are real or fake. I believe most are fake. If not, I suspect, when an offer is made it is not transferred to seller in real time, and appears as a lower offer elsewhere. Otherwise, why completely hide price requesters.

lock · Feb 11, 2020

What makes you post this have you been sent an email if someone has access to whois history they will see your name before you opted for privacy.

topdom · Feb 11, 2020

We make a deal, and then buyer just doesn't pay. Then our info is given to fake buyer. disgusting.

MarkedMarket · Feb 11, 2020

I have to agree with you. If you for example accept an offer on DAN, immediately an invoice is created with all the (complete) details of the seller, but it often only includes the first name of the (potential) buyer without any other information. If the buyer doesn't pay (which happens quite often), the buyer has all the information about the seller of the domain while they are actually violating the Terms & Conditions.

They should only make the invoice with all details visible to the buyer after the payment has been secured (or even the domain has been transferred).

Another issue with DAN is that the buyer can pretend to be from another country than he/she is actually from. That is mainly relevant for VAT purposes, but it is possible that you receive an offer from a person from country A (and you think you don't have to pay VAT), while the person is actually from country B and only provides this information after the offer has been agreed. That is another reason why the invoice with all details should only be visible to the buyer after payment has been received/the domain has been transferred.

Jurgen Wolf · Feb 11, 2020

@Sedo was asked about "Country" MANY times for years...
And as you see - no changes.

You may try Uniregistry Market - they don't leak your country...

Jurgen Wolf · Feb 11, 2020

Or sell via Epik...
I didn't notice such problem there.

topdom · Feb 11, 2020

Uniregistry and Epik seem to be only reasonable ones in this case, but not sure if they work. They don't report sales. Others can correct themselves, but they just don't.

Jurgen Wolf · Feb 11, 2020

Uniregistry reports sales...
Tons of sales there...

lock · Feb 11, 2020

I give up on privacy as there is just as much going for it as against it. End of day your not going to drop price and they can contact directly doesn't mean you have to sell it to them. Often I will just forward people back to sales page and say will no longer communicate or negotiate outside of the marketplace.

Kai W. · Feb 11, 2020

Use Escrow. because Escrow's default would cost buyers more than tens of thousands of dollars.

DAN.COM · Feb 11, 2020

topdom said:
Don't show sellers' info to buyer before payment PERIOD !

It is extremely unfair , invites fake offers, is against privacy and gdpr.

Whoever cheats, should "lose information", cheaters should be punished, not victims!

Buyer can say, people from that country can't take legal action against me, and I don't that like that country, or I learned name of the seller and this was my real purpose; and not pay.

Any dirty games before payment shouldn't be allowed. Payment is proof of sincereness

I blame sedo and dan, but maybe afternic is the same, if so I blame them as well.

...........
And what I don't like about afternic: We don't know if price requests are real or fake. I believe most are fake. If not, I suspect, when an offer is made it is not transferred to seller in real time, and appears as a lower offer elsewhere. Otherwise, why completely hide price requesters.

Hi TopDom,

The reason why we provide buyers with an invoice is because we legally are obliged to do so. Also, about 23% of all domain buyers at DAN won't be able to purchase a domain if they do not get an invoice upfront.

The finance departments of medium-sized businesses and enterprises all require an invoice upfront before they can send a bank wire. Without an invoice, they will not are cannot purchase your domains.

If you're a domain seller that's in the market to sell domains and want to make it easier for buyers to pay instead of harder then you shouldn't want to change this process.

If you want to enjoy greater privacy, simply set up a company and sell as a business instead of an individual.

Kind regards,

Dan

lock · Feb 11, 2020

You will need to pro rata invoice to deal with companies to sell them anything let alone domains.

Sutruk · Feb 11, 2020

DAN.COM said:
Hi TopDom,

The reason why we provide buyers with an invoice is because we legally are obliged to do so. Also, about 23% of all domain buyers at DAN won't be able to purchase a domain if they do not get an invoice upfront.

The finance departments of medium-sized businesses and enterprises all require an invoice upfront before they can send a bank wire. Without an invoice, they will not are cannot purchase your domains.

If you're a domain seller that's in the market to sell domains and want to make it easier for buyers to pay instead of harder then you shouldn't want to change this process.

If you want to enjoy greater privacy, simply set up a company and sell as a business instead of an individual.

Kind regards,

Dan

Godaddy do not provide any invoice prior the domain purchase, and they sell domains by tons.

karmaco · Feb 11, 2020

I am going to have to agree that no personal details should be shared before payment. It can’t be required by law because if so every single platform would do so.

There are too many fake offers to cavalierly give out personal info. Best way to avoid this is buy it nows only or list where privacy is ensured til after the purchase.

BrandCollectors.com · Feb 11, 2020

this issue is only with offers or for bin too?

topdom · Feb 11, 2020

Since no shipping or returns are involved in this process, things should be easier in domain sales. For example a temporary seller can be "Dan.com Escrow department on behalf of the actual owner for the domain keyword.tld". And the buyer can be informed that they can get a more detailed invoice after payment.
...
At Sedo invoices are created after payment is made. If there is an invoice request before payment, I ignore it. It is like nigerian scam, they say, I will give you one million, but you need to pay me $5 first for stamps.

Jurgen Wolf · Feb 11, 2020

@DAN.COM
They pay to YOUR bank account... NOT to the seller's bank...
So YOUR details must be in this invoice...

Jurgen Wolf · Feb 11, 2020

Seller's country has impact on your results during negotiations...
It was already discussed many times on NamePros and via direct feedbacks to @Sedo
But no changes, as you see...

frank-germany · Feb 11, 2020

DAN.COM said:
Hi TopDom,

The reason why we provide buyers with an invoice is because we legally are obliged to do so. Also, about 23% of all domain buyers at DAN won't be able to purchase a domain if they do not get an invoice upfront.

The finance departments of medium-sized businesses and enterprises all require an invoice upfront before they can send a bank wire. Without an invoice, they will not are cannot purchase your domains.

If you're a domain seller that's in the market to sell domains and want to make it easier for buyers to pay instead of harder then you shouldn't want to change this process.

If you want to enjoy greater privacy, simply set up a company and sell as a business instead of an individual.

Kind regards,

Dan

@DAN.COM

I don't say that I support the request
but the reasons you give here
why you have to proceed the way you do
are not good enough.

your legal obligation to write an invoice
may not mean it's mandatory to do so before payment

a "pro forma" invoice will do the job of
satisfying the needs of a larger company

GoodKindName · May 30, 2020

Are there any changes?
Is DAN still showing all the Seller details before payment has been made?

FolioTeam · May 30, 2020

MarkedMarket said:
I have to agree with you. If you for example accept an offer on DAN, immediately an invoice is created with all the (complete) details of the seller, but it often only includes the first name of the (potential) buyer without any other information. If the buyer doesn't pay (which happens quite often), the buyer has all the information about the seller of the domain while they are actually violating the Terms & Conditions.

They should only make the invoice with all details visible to the buyer after the payment has been secured (or even the domain has been transferred).

Another issue with DAN is that the buyer can pretend to be from another country than he/she is actually from. That is mainly relevant for VAT purposes, but it is possible that you receive an offer from a person from country A (and you think you don't have to pay VAT), while the person is actually from country B and only provides this information after the offer has been agreed. That is another reason why the invoice with all details should only be visible to the buyer after payment has been received/the domain has been transferred.

@LaszloSchenk Any updates yet?

I agree with @frank-germany , a proforma invoice with Dan's details will solve this

tldboss · May 30, 2020

Dan still generates an invoice. I accepted an offer yesterday, invoice was generated, but still no payment, buyer can either pay or not pay.

I agree with others, share seller and buyer information after domain is delivered and paid for.

FolioTeam · May 30, 2020

Jurgen Wolf said:
@DAN.COM
They pay to YOUR bank account... NOT to the seller's bank...
So YOUR details must be in this invoice...

I agree with this. Dan is the one who gets paid. Then we get paid by Dan. So, the invoices should reflect that

Samer · May 30, 2020

Jurgen Wolf said:
Uniregistry reports sales...
Tons of sales there...

Ceased after Godaddy acquired them.

More reasons to hate Godaddy

krishmk · May 30, 2020

The Sales Agreement happens between the Domain Seller/Owner and Buyer.
DAN merely holds the funds into an escrow account and releases the fund (after brokerage deduction) once the transaction is completed.

So the invoice should include Domain Seller's Name & Address (not of DAN).

By the way - Buyers not paying an invoice is not just limited to Domain marketplaces.. can happen to any type of Business. Domain Sellers should take this hard truth into consideration and hold your horses until the fund gets credited to their Bank account. Domain selling requires lot of patience. I can understand your frustration though..

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