NameSilo

Bidding on your own names at NameJet...?

Located in Domain Marketplace Reviews, started by webquest, Jul 18, 2017

Replies:
1,681
Views:
171,269

  1. SpareDomains

    SpareDomains Jay VIP ★★★★★★★★★★

    Posts:
    3,467
    Likes Received:
    2,458
    Always a risk. If your willing to take that risk go no reserve. If ya think not a good idea then add a reserve. At the end of the day a loss isn't a waste as long as ya learn from it and having good ethics is a good business model. (y)
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. NameJetGM

    NameJetGM General Manager NameJet Staff PRO VIP ★★★★★★★★★★

    Posts:
    27
    Likes Received:
    116
    As an official statement from NameJet – our policy is clear that sellers cannot bid on their own domains, period. The integrity of our platform is of utmost importance to us and we do not condone shill bidding of any kind. From an ethical standpoint, it is unfair to the other participants, and from a practical standpoint, a few extra dollars on a few sales is simply not worth the potential damage to our reputation and business. Again, our stance is clear and we take immediate action whenever we have any reason to believe that there is inappropriate activity occurring on the platform. Bottom line – we take these matters very seriously!

    With that said, it is my understanding that Andy and James Booth are not the sellers or current owners of the domains at issue. Andy did own them recently, but per him (both to me privately and in this thread) the domains are no longer his to sell, and he was interested in reacquiring them at what he felt were good prices. However, the WHOIS still reflects Andy as the registrant and that has made this whole thing confusing and problematic.

    And while I have no reason to dispute Andy’s claims, we will cancel the remaining auctions involving these domains. To put things in perspective, there are not many domains involved, so it is not some large coordinated campaign to improperly inflate auction values. And it looks like they won nearly all of those domains auctioned, which further speaks to their legitimate interest in them – and for anyone negatively impacted we will look to address that.

    Moreover, we will take steps to further outline and clarify our rules around this over the next few weeks to help eliminate any ongoing confusion. In the meantime, we will continue to investigate and monitor this issue (as well as any others brought to our attention) to determine if any further action is necessary.

    Thanks everyone and have a good evening.

    -Jonathan
    GM, NameJet
     
  3. alcy

    alcy Top Contributor VIP

    Posts:
    17,986
    Likes Received:
    30,376
    true
    if he wasn't domainer
    he'd have the best drama tv show of all time
    better than the simpsons
    that's how good he is
     
  4. tonyk2000

    tonyk2000 Top Contributor VIP ★★★★★★★★★★

    Posts:
    2,097
    Likes Received:
    3,422
    I wanted to say something (share my findings on whois/ips/dns and generic opinion) a few pages ago, but elected not to - as it would be better to wait until NameJet, who should be the only "judge" here, returns back to this thread and posts their findings.

    Indeed, without their findings, we the forum members are all in specific postion of Cassandra trying to make too many predictions. Just imagine for a moment, what if the statement of both brothers are correct and they indeed do not own domains in question, nor they asked somebody to list the domains on their behalf?

    Many members (myself included) already decided for themselves what really happened and how, but isn't it too early to make our findings public before we hear from NameJet, who is also participating in this thread?

    For for the sake of clarity, I have never met or dealt with either brother, and I did not bid @ NameJet on any domains in question. I am simply trying to be as fair as possible....

    A suggestion to NameJet: IF you find that bidding activity in auctions in question included one or more bids that should have never appeared in the first place, please do not restart auctions and please do not withdraw domains from your lists. YOU allowed this bad thing to happen. YOU have to fix. The only way to fix it - still saving face and everything else - would be to stop auctions right now and award domains in question to the latest highest legitimate bidders, those highest bidders who made their bid before illegitimate bid appeared. Yes, it may even be below expected market value. Fine. And this would also be a perfect lesson to any customer who may be planning to try to abuse the system in future.

    EDIT: I noticed that NameJet posted their response in about the same time I made my post. I'd say that NameJets investigation is not yet completed. One would expect much more facts and analysis, up to IPs/Logins/Docs/Sellers payee account/Sellers w9 tax form, or at least an outcome of such an analysis.
     
    Last edited: Jul 19, 2017
  5. offthehandle

    offthehandle . VIP

    Posts:
    5,129
    Likes Received:
    8,510
    "It is my understanding", isn't very convincing.

    Either it is known who owned the names or you do not know and we would hope you will provide that info when you figure it out later. They could have quickly played a game and transferred them to their nextdoor neighbor for all we know.
     
  6. xn--v4h.com

    xn--v4h.com Emoji domains at Punycode.com

    Posts:
    523
    Likes Received:
    691
    The above just doesn't smell right at all. Seems to me you verified the truthfulness of him not owning the domain based on his words. What are the facts? When exactly did those domains change hands, and WHO owns them now -- and this who MUST be the one who is auctioning those domains right now.

    I cannot auction my domain without changing my registrant AND prove I own it by either changing the registrant's email or changing the records in the domain's records themselves. So how in the world could the current owner(s) able to put their domains in auction without even changing the registrant's info?
     
    Last edited: Jul 19, 2017
  7. LarryDomain

    LarryDomain Top Contributor VIP

    Posts:
    911
    Likes Received:
    1,414
    Let me be the first. I call BULLSH*T. Like it if you feel the same! We're not that gullible.

    Namejet is about to topple Flippa as Shill Kings Platform.

    If you really want to investigate, you'd look at all the auctions they have bids on before also. What's the odds of transferring domain names on several domains and not having the Whois updated. If they used Escrow it's one criteria for a fund release.


     
  8. DNWon

    DNWon eCommerce Branding Specialist VIP

    Posts:
    2,039
    Likes Received:
    6,922
    @NameJetGM

    As the GM of NameJet I would like to think that you have access to the information of who the actual seller of these domains is! Why is it an "understanding" and "per him" the domains are not his. If they aren't his and were listed by someone else, I would like to think that you as the GM would be able to verify that? Please do!

    What am I missing here?
     
  9. RWD

    RWD Established Member

    Posts:
    530
    Likes Received:
    1,151
    NJ
    You replied way too early...
    A couple email exchanges isn't enough...
    Go Investigate this thoroughly...PLEASE.
     
  10. NameJetGM

    NameJetGM General Manager NameJet Staff PRO VIP ★★★★★★★★★★

    Posts:
    27
    Likes Received:
    116
    Hi all,

    Sorry if I wasn't clear - they are definitely not the seller of the domains. It is 100% a different seller.

    Thanks,

    -Jonathan
     
  11. zurc.net

    zurc.net Top Contributor VIP ★★★★★★★★★★

    Posts:
    1,612
    Likes Received:
    545
    Did they provide proof of an actual sale or are you just accepting them at their word? @NameJetGM

    My account was suspended 6 years ago, due to the fact that I won a domain name, failed to pay (from being in the hospital for almost a month). I tried to provide documents proving what I was saying was fact, considering you didn't accept my word, which went ignored.

    Fast tracking to present day, I wanted to have my account re-instated, you guys requested $2,500 in order to do so, a non-refundable deposit, fast forward again 6 months later and you all allowed me to re-open it for $250 non-refundable deposit.

    I wish my word was taken at face value. And seeing how you are handling this only at their word, I kind of wish I didn't fund my account knowing that some people are going to be able to get away with whatever they want, all depending on their profile in the industry. Ridiculous.
     
  12. xn--v4h.com

    xn--v4h.com Emoji domains at Punycode.com

    Posts:
    523
    Likes Received:
    691
    Disappointed in your statement, NameJet. You said nothing substantially new here. You should be able to check in your system on what account is indeed selling those domains. By how you explained it to us here, you are merely asking people and not verifying the records. If you did so, then explain better and elaborate more.
     
  13. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

    Posts:
    9,998
    Likes Received:
    14,621
    I have spend hundreds of thousands of dollars @ NJ. This response does not sit right with me. It calls into question the integrity of the auction process itself.

    I am sorry but the facts are that the whois shows Andy Booth. Why are both Booth brothers bidding on domains that are still in their WHOIS info?

    Were you provided any records to show the domains were actually sold? Why was the WHOIS never updated?

    I think you need to come up with a better answer than that.

    Brad
     
  14. RWD

    RWD Established Member

    Posts:
    530
    Likes Received:
    1,151
    Who is the seller then?

    Can you connect the seller to the Brothers?

    Does the seller say he indeed purchased these names in question from them?
     
  15. zurc.net

    zurc.net Top Contributor VIP ★★★★★★★★★★

    Posts:
    1,612
    Likes Received:
    545
    #boothgate or #namejetgate or #broothbrothersnamejetgate ? Or just simply, #domaingate ?
     
  16. NameJetGM

    NameJetGM General Manager NameJet Staff PRO VIP ★★★★★★★★★★

    Posts:
    27
    Likes Received:
    116
    I followed up with another comment. Sorry if I wasn't clear initially - they are definitely not the seller of the domains.
     
  17. DomainVP

    DomainVP Domain Expert VIP

    Posts:
    3,521
    Likes Received:
    12,744
    Can I Bid on my Own Auction? – Flippa Help Center
    No. This is called shill bidding and is grounds for permanent suspension.
    The seller may not bid on his or her own auction. This includes bids placed using a second user account.

    Shill bidding policy - eBay
    Shill bidding happens when anyone—including family, friends, roommates, employees, or online connections—bids on an item with the intent to artificially increase its price or desirability.

    Shill bidders - not welcome at Trade Me | Trade Me
    Shill bidding is where sellers use memberships of people they know, or fake memberships they have created, to put false bids on auctions in an attempt to bid up the price of goods they are selling.

     
  18. DomainVP

    DomainVP Domain Expert VIP

    Posts:
    3,521
    Likes Received:
    12,744
    Have the domain owners come forward to clear this up, it's that simple.

    If there actually is someone who bought these domains then they should speak up and provide proof of transaction / transfer.
     
    Last edited: Jul 19, 2017
  19. zurc.net

    zurc.net Top Contributor VIP ★★★★★★★★★★

    Posts:
    1,612
    Likes Received:
    545
    Are you being serious with this post? We all know they weren't the seller on NameJet, what we are all concerned about is the obvious... Did they transfer the domain to another account in order to be auctioned, so they themselves can shill bid on the auction or do you have verifiable information to assure us all that they did in fact sell the domains to another party and are now trying to take advantage of the fact that its at a no reserve auction and trying to get them back cheap?

    Also, the fact that you cancelled the auctions shows some type of admission of guilt.... why take them down if nothing is wrong? If they verified they actually sold the domains?

    Can you go into more detail on how you verified, well... anything here?
     
  20. xn--v4h.com

    xn--v4h.com Emoji domains at Punycode.com

    Posts:
    523
    Likes Received:
    691
    Then tell us how in the world could this seller of the domains able to auction on your site without changing the registrant info, which is the ultimate indicator of the one who can indeed sell the domains? Don't you do proof of ownership?
     
  21. NameJetGM

    NameJetGM General Manager NameJet Staff PRO VIP ★★★★★★★★★★

    Posts:
    27
    Likes Received:
    116
    Hi Brad,

    First of all, thank you for your business.

    And we are continuing to look at this in order to verify the facts and cancelling any ongoing auctions in the meantime to make sure no one is negatively impacted. We do not tolerate any kind of shill bidding at all, so you can rest assured that our auction processes in general are not compromised.

    Thanks again,

    -Jonathan
     
  22. LarryDomain

    LarryDomain Top Contributor VIP

    Posts:
    911
    Likes Received:
    1,414
    Boy you sure are contradicting yourself... Either you're done investigating this or you're not. Seems to me your first statement earlier said you already finished and accessed the penalties.

    This is going to turn out bad for NameJet. And I am almost certain, you will end up without a job.
    For your sake..get this right before it's too late. And don't base it on the words of the perpetrators.

     
    Last edited: Jul 19, 2017
  23. zurc.net

    zurc.net Top Contributor VIP ★★★★★★★★★★

    Posts:
    1,612
    Likes Received:
    545
  24. tld_org

    tld_org Established Member

    Posts:
    107
    Likes Received:
    235
    Isn't it Namejet's policy to ensure a domain is owned by the person listing it via Whois?
     
  25. Beezy

    Beezy Top Contributor VIP

    Posts:
    5,802
    Likes Received:
    2,066
    If anyone has any more info and you aren't sure if you should come forward, PLEASE share - for the sake of the industry there needs to be transparency.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
biix
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...