IT.COM

Not cool.

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Was browsing Flippa last night and came across a domain I liked. Hit the BIN button and started an Escrow.com transaction.

Woke up this morning to a message from the seller:
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Googled his name only to find out that he’s a domainer, runs a website for domainers, has been a speaker at NamesCon, etc. Basically: should know better.

I get it. Sometimes you list a domain and forget to update its price. It’s happened to me. But that’s on the seller, not the buyer. And in these cases, I’ve always honoured the transaction without question and quietly given myself a talking-to after.

It would also be another thing if he had let the domain expire or no longer owned it — but he does.

Honest mistake or not, responses like this really paint our industry in a negative light. In this case, I hit BIN – that’s pretty cut and dry. But also, if you’re going to negotiate with someone (as a buyer or a seller), keep your word. If we want the industry to be respected in the mainstream, it’s our responsibility to make that happen.

Anyway, getting off my soapbox now. This was my reply:

Haven’t heard anything back yet but have no qualms about naming or shaming if the seller doesn’t follow through with this transaction.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
I don't think threatening to publicly shame someone to get a deal done is the right course of action

Yes, the person is in the wrong (see my previous post to know my feelings) but threatening to oust them unless they complete the deal is morally dubious in it's own right......
 
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I don't think threatening to publicly shame someone to get a deal done is the right course of action

Yes, the person is in the wrong (see my previous post to know my feelings) but threatening to oust them unless they complete the deal is morally dubious in it's own right......

Yes. Feels very Nathaniel Hawthorne-ish.
 
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And people being eager to see evil is even more disturbing..
 
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And by evil I dont mean OP's actions are evil.
I mean being very eager to see someone's name in the mud just because they forgot to update flippa.. you should try to take it easier.
 
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OP should have given a name in the opening post, & I would mask it. The idea is to make the domaining public (not the general public) aware of the incident.

Maybe I missed it, but what was the BIN & what was the domain name?

imo
 
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OP should have given a name in the opening post, & I would mask it. The idea is to make the domaining public (not the general public) aware of the incident.

Maybe I missed it, but what was the BIN & what was the domain name?

imo
On the Rick Schwartz thread next door, Rick pubicly asks people to post their names they are willing to sell now for $2500.
Guy pubicly posts his, Rick pubicly buys it, owner privately tries to back out. I see no problem with Rick pubicly letting us know that owner didn't honor the deal.

But here its a whole different situation, and its private. We don't know the domain or what it's worth, OP could just move on.

And although you might bother seller's reputation, it won't help with people trusting you either because your standings grounds are not as serious as they could be..
 
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But here its a whole different situation, and its private. We don't know the domain or what it's worth, OP could just move on.

Then no need for such a thread.

imo
 
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To the seller who should be reading this

Many people try and be honest in this business. If you cant do your job and price your products accordingly then its your loss.
Name and shame. People need to be held accountable for their actions
Most like the thrill of the kill, but honesty trumps. Dont dicker and do the deal
 
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Some people need a nudge to do the right thing sometimes.
 
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This scenario is common in domain investing. A deal is not done unless and until the domain or the cash comes in or goes out successfully.
 
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I don't think threatening to publicly shame someone to get a deal done is the right course of action

Yes, the person is in the wrong (see my previous post to know my feelings) but threatening to oust them unless they complete the deal is morally dubious in it's own right......

I'm not trying to "get a deal done". I hit the BIN. The deal is done. The seller is not holding up their side of the transaction.

If I didn't honour my BIN prices and I started reneging on deals, I'd expect my name to be thrown out there, too.

On the Rick Schwartz thread next door, Rick pubicly asks people to post their names they are willing to sell now for $2500.
Guy pubicly posts his, Rick pubicly buys it, owner privately tries to back out. I see no problem with Rick pubicly letting us know that owner didn't honor the deal.

But here its a whole different situation, and its private. We don't know the domain or what it's worth, OP could just move on.

And although you might bother seller's reputation, it won't help with people trusting you either because your standings grounds are not as serious as they could be..

Sure, technically this was a private sale but IMO hitting a BIN button on a public listing on a public marketplace is less a gentlemen's handshake and more a public transaction.
 
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I'm not trying to "get a deal done". I hit the BIN. The deal is done. The seller is not holding up their side of the transaction.

If I didn't honour my BIN prices and I started reneging on deals, I'd expect my name to be thrown out there, too.

Sure, technically this was a private sale but IMO hitting a BIN button on a public listing on a public marketplace is less a gentlemen's handshake and more a public transaction.

But you are threating to publicly shame someone for not honouring an agreement?

I agree it is not good business practice and a pretty despicable thing to do, but what are you trying to achieve with this?

You name and shame then what? This person is not going to go ahead with the transaction (looking likely atm) and you are still in the same position of not owning the domain..... but you are going to share private information on a public forum.....they have not agreed to you sharing their private information with anyone else.

There are some nut jobs out there and you divulging a name and possibly by proxy their business interests could cause more damage than you missing out on a good deal........

Looks like we can agree to disagree on this......
 
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Well the marketplace has some blame, but they can't force someone to sell. There have been cases back in the day here where a member not caring about their rep said "I ain't selling they can close my account, I will be with a new one the next day." Or like someone once told me, "Raymond I only care about money, I don't care about anyone in the domain industry, take my account, you will never take my money!!!"

Look at people here who do not honor the sale. Some just don't care about a reputation.




Wow.

"The love of money is the root of all evil."


For those who love money more than integrity - may their next reincarnation fruit more progress towards building the Rainbow Body.
 
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But you are threating to publicly shame someone for not honouring an agreement?

I agree it is not good business practice and a pretty despicable thing to do, but what are you trying to achieve with this?

You name and shame then what? This person is not going to go ahead with the transaction (looking likely atm) and you are still in the same position of not owning the domain..... but you are going to share private information on a public forum.....they have not agreed to you sharing their private information with anyone else.

There are some nut jobs out there and you divulging a name and possibly by proxy their business interests could cause more damage than you missing out on a good deal........

Looks like we can agree to disagree on this......

The seller in this situation a) has his name publicly listed on this & other Flippa listings b) runs a website for domainers c) has been a speaker at NamesCon d) choose to publicly list this domain for sale and chose not to honour the deal.

What do I want out of this? Obviously the domain. But also if he doesn't complete the transaction, to warn other's not to do business with him.

I don't understand why you're worried about his business interests right now. I'm certainly not.

Being outed would never be a problem for the seller, you, or anyone else if they honoured their transactions.
 
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The seller in this situation a) has his name publicly listed on this & other Flippa listings b) runs a website for domainers c) has been a speaker at NamesCon d) choose to publicly list this domain for sale and chose not to honour the deal.

What do I want out of this? Obviously the domain. But also if he doesn't complete the transaction, to warn other's not to do business with him.

I don't understand why you're worried about his business interests right now. I'm certainly not.

Being outed would never be a problem for the seller, you, or anyone else if they honoured their transactions.



May as well publicly flog him once you don't get the name.

It's one thing for us to disagree about non domain topics.


It is another thing to be a flaky shady businessman
 
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It's ok to shame if the seller is trying to pretend publicly that they are a reputable person and it turns out they are just another dick.. I could share some of my scumbags who cheated me on sedo, but they aren't as well-known as this guy most likely...
 
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The name was not given and that would help to know might have happened. If an LLL.com was priced at $6,000, someone made an error. A brandable name that many would consider the price fair, might see the seller pulling a shady move.

On the Sedo transaction I mentioned it was definitely not oh crap that CVCV.com is priced at $200 instead of $20,000. It was brandable where some might not have paid what I paid at the buy it now.
 
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It's ok to shame if the seller is trying to pretend publicly that they are a reputable person and it turns out they are just another dick.. I could share some of my scumbags who cheated me on sedo, but they aren't as well-known as this guy most likely...

Exactly, I've had my fair share of people reneging on deals but they're not known or trying to prop themselves up in the industry. Those who are should be held accountable.
 
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The name was not given and that would help to know might have happened. If an LLL.com was priced at $6,000, someone made an error. A brandable name that many would consider the price fair, might see the seller pulling a shady move.

On the Sedo transaction I mentioned it was definitely not oh crap that CVCV.com is priced at $200 instead of $20,000. It was brandable where some might not have paid what I paid at the buy it now.

It was definitely the latter scenario. I'm going to keep the domain under wraps for the time being but it was a LLLL.co priced at $1k. Nothing absurd. And I'd argue a decent wholesale price at that.
 
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Exactly, I've had my fair share of people reneging on deals but they're not known or trying to prop themselves up in the industry. Those who are should be held accountable.

Yes that's a key element here. If someone forgot to update a price where it's obvious it's a mistake and they are new or don't put themselves out there that's one thing.

If someone is out talking at and to other domainers at NamesCon and then reneging on a sale that's another thing.
 
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it was a LLLL.co priced at $1k

Not only is the seller dishonest, he's an idiot.. what 4-letter .co name is too good to sell for $1k? I bought one here for $99 and it's a damn good one
 
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You can never do that, if they speak at NamesCon definitely people should know their behavior and honor.

Definitely!!!! Otherwise another 'dicker' may be amongst us!

The seller in this situation a) has his name publicly listed on this & other Flippa listings b) runs a website for domainers c) has been a speaker at NamesCon d) choose to publicly list this domain for sale and chose not to honour the deal.

There's a lot of scum even among those domaining celebrities as I'm sure you all know. Being a NamesCon speaker or running a domaining website doesn't make you a better person.
 
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My $28.99 purchase of Pinc.co feels all the more better if people are saying $1,000 is old bad price for a random LLLL.co.
 
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In this case, it is a pretty common dictionary word as well :)
 
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