- Impact
- 595
After a two year period amounting to about four short bouts of negotiation I finally agreed a deal on a name with a seemingly nice domainer. The negotiations were friendly and good and we met half way to each others price expectations.
We sorted price, payment - everything - finally - and both seemed very happy. Not a massive amount, just a couple of thousand.
On the day when payment is due, a few days after the agreement, everything goes cold and turns into a non-payment.
Obviously they can't afford the name or no longer want it.
Naturally, I'm annoyed at the time wasted on the deal and the non-payment, but then I start thinking of the many reasons, good and bad, why the buyer would have been so keen, for so long, to buy the name and then delay the payment before finally disappearing altogether.
One possible reason is they could have had a possible buyer lined up and that deal fell through.
Can anyone suggest other possible reasons why a deal the buyer really wanted might fall through at the last minute?
We sorted price, payment - everything - finally - and both seemed very happy. Not a massive amount, just a couple of thousand.
On the day when payment is due, a few days after the agreement, everything goes cold and turns into a non-payment.
Obviously they can't afford the name or no longer want it.
Naturally, I'm annoyed at the time wasted on the deal and the non-payment, but then I start thinking of the many reasons, good and bad, why the buyer would have been so keen, for so long, to buy the name and then delay the payment before finally disappearing altogether.
One possible reason is they could have had a possible buyer lined up and that deal fell through.
Can anyone suggest other possible reasons why a deal the buyer really wanted might fall through at the last minute?