Anyone have any experience with a potential buyer threatening a UDRP filing procedure?
I picked up a dropped domain 14 months ago and I searched at that time for any business by that name and there were none in my google search. And, there is no trademark filed with the USPTO either.
I offered a waaaay too reasonable price for the domain. $2,500. I should have asked for much more. It is an absolutely terrific name and probably worth $25,000 to the right end user one day in the future.
This bully has refused to come in higher than $1,600.
His last email asked if I was familiar with UDRP hearings and procedures which cost $1,500 to initiate, he says.
So, his reasoning... Sell to him for $1,600 to avoid a hearing.
Am I at risk of losing my domain?? Will I need to hire an attorney to protect my interests?
Is he bluffing?
I picked up this expiring domain 14 months ago on pure innocent speculation, similar to a real estate investment.
Am I protected from bullies? Do I have rights? Is he bluffing?
Any experience , wisdom, stories to share would be so greatly appreciated.
Thank you in advance.
I picked up a dropped domain 14 months ago and I searched at that time for any business by that name and there were none in my google search. And, there is no trademark filed with the USPTO either.
I offered a waaaay too reasonable price for the domain. $2,500. I should have asked for much more. It is an absolutely terrific name and probably worth $25,000 to the right end user one day in the future.
This bully has refused to come in higher than $1,600.
His last email asked if I was familiar with UDRP hearings and procedures which cost $1,500 to initiate, he says.
So, his reasoning... Sell to him for $1,600 to avoid a hearing.
Am I at risk of losing my domain?? Will I need to hire an attorney to protect my interests?
Is he bluffing?
I picked up this expiring domain 14 months ago on pure innocent speculation, similar to a real estate investment.
Am I protected from bullies? Do I have rights? Is he bluffing?
Any experience , wisdom, stories to share would be so greatly appreciated.
Thank you in advance.
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