NameSilo

Buyer pays but doesn't get the domain

Located in Domain Marketplace Reviews started by topdom, Oct 13, 2019.

Replies:
16
Views:
316

  1. topdom

    topdom Established Member

    Posts:
    565
    Likes Received:
    348
    Buyer pays.
    Doesn't make any effort to get the domain they "bought".
    Wait wait wait, nothing happnes.
    And marketplaces don't pay us, because buyer didn't get the domain.

    Both Sedo and Afternic does this.

    In such a case the marketplace should take the domain.
    I'm ready to push it.
    Sometimes domains can't be transferred to another registrar.
    Then what will happen: cancel the transaction?

    Very annoying.
    Sedo and Afternic need a serious competitor.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    I don't understand this thread...
    No any problems to push the domain into Sedo hands, they have accounts with all major registrars.
     
  3. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    So send this message to your transfer manager on Sedo (open transaction and post your comment there).
     
  4. topdom

    topdom Established Member

    Posts:
    565
    Likes Received:
    348
    Main problem with these two is that buyers don't pay, and we are not given useful stats, and we can't know if offers are real, but I mention another problem here. I think Sedo is slightly better in this sense, I mean handling the part after the payment is made. I was assuming once payment is made all the rest will go smoothly, but no , we may have to wait for 60 days, because domain is fresh , or marketplace doesn't want push.
     
  5. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    Buyer or any other factors - don't matter at all.
    If Sedo has account at your registrar - you can push it... They are always ready to get it.
     
    Last edited: Oct 13, 2019
  6. topdom

    topdom Established Member

    Posts:
    565
    Likes Received:
    348
    There must be a rule like this:
    ..
    Your money will be sent within 7 days after the buyer makes the payment, if you do your best; even if the buyer dies, or ignores everything.
    .....
    I feel having to wait for 60 days, and cancelling transactions are among possible scenarios.

    Sedo doesn't take push if they don't want to.

    As I understand, the same is the case with Afternic. Afternic says, we take push if the buyer accepts it. But do they ask the buyer: they dont answer this question (or they are just slow). Even if the buyer doesn't respond, they whould take the domain, and do authcode transfer later from their own account (which is not possible in the first 60 days, but they should take domain via push anyway). What is their plan: The buyer will get the domain at Godaddy, so they will renew it at Godaddy, so why accept push! This plan doesn't make sense at all. But all alternatives also don't make any sense either. Get the domain via push, and then do whatever, it is your problem. I do my part correctly and very fast, and you have the money. Why am I waiting. When I wait it is not to your advantage either, you don't work less or make more money because I wait more.

    But if possible, and if the buyer is not ignorant, then domain transfer can be done from seller to buyer directly using authcode (and in this case, we have to wait for verification from buyer, that they got the domain).

    ..............

    And for this reason I consider Escrow.com transactions very risky.
     
    Last edited: Oct 13, 2019
  7. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    What TLD?
    .com?
    Verisign doesn't set "60 days" lock a few years already.
    Only internal policy of your registrar can block the transfer-out.
     
    Last edited: Oct 13, 2019
  8. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    Really???
    For 11+ years I never had any denial from Sedo, when push was technically possible.
     
  9. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    This thread has nothing to do with reality, at least for Sedo.

    Regarding GD/Afternic - I don't use them.
    So I don't know.
     
  10. topdom

    topdom Established Member

    Posts:
    565
    Likes Received:
    348
    They say, we don't have an account.. Then create one, as if it is a difficult thing..
    But looks like, they will require authcode transfer to their own account elsewhere at the end.
     
  11. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    No, if transfer - it goes directly to the buyer.
    Except rare scenario when Sedo acts on behalf of the buyer.
     
  12. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    What registrar exactly?
     
  13. topdom

    topdom Established Member

    Posts:
    565
    Likes Received:
    348
    Interesting. Yes at Afternic 60 days was the problem when transferring a .com domain. Authcode transfer didn't work. And AN suspected that domain was locked, but this was not the case. Now considering push option (I consider it, but not sure if they also really do).
     
  14. topdom

    topdom Established Member

    Posts:
    565
    Likes Received:
    348
    Porkbun (Sedo case), Epik (AN case).
     
  15. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504
    @Sedo
    Create your escrow account at Porkbun.com
    This US registrar is from category "MUST HAVE"... Many domainers use it, especially for nTLDs.
    Thanks.
     
  16. topdom

    topdom Established Member

    Posts:
    565
    Likes Received:
    348
    Strangely they prefer transfer first push later , to, push first transfer later, this time.
     
  17. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

    Posts:
    9,452
    Likes Received:
    7,504

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
Topics / Tags:
NameWorth
  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...