NameSilo

Buyers remorse and not paying for auction wins

Located in General Domain Discussion, started by domainsoup, Feb 20, 2016

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  1. domainsoup

    domainsoup Established Member

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    I feel really bad about it. I want the domain but the price I bid at auction is so high I can't go through with it.

    I'm not saying I'm cheap. I'm happy to pay most times. But the odd occasion you get one guy pushing it to above enduser prices where it's no longer profitable even in 10 years.

    It's frustrating. It's devastating.

    Was hoping to hear from some people that have felt this way.
     
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  2. JB Lions

    JB Lions Top Contributor VIP ★★★★★★★★★★

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    It's probably more frustrating for the person's auction you screwed up. There should be no pity for non-payers.
     
  3. namerav

    namerav Top Contributor VIP ★★★★★★★★★★

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    Good and Needy ones will always get sold however it get pushed.
     
  4. ben pedri

    ben pedri Top Contributor VIP

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    Sometimes we all get it and you can either ask to get off the hook or buy the thing,I had it a couple days ago but I dident win anyway ,maybe the auction is still going ,the domain was 2OO.info I thought it was a number,when I did notice I was willing to accept it anyway ,then I was outbid,its always good to go to whois and type in the domain you think you are buying ,and then copy and paste the domain at auction to make sure the same owner, a few years ago on ebay there was a domain listed ,it was something like italianluckycharn . com so I looked up the domain and the this wasent reg but italianluckycharm .com was it wasent a great name anyway,wont you know at the end of the auction the idiot goes and registers
    italianluckycharn . com the wrong way and pushes it to me ,I paid 99 cents for it and this guy goes out and spends 12 bucks to reg a wrong name ,in the end he offered me the correct one ,I told him just keep it.
     
  5. mad409

    mad409 Always thinking outside the box! VIP

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    Some domain auction sites allow you to retract your bid before it sales, we do. Login and retract. Sometimes you may have second thoughts, or not in the right state to be spending money, I understand. It's really a good feature IMO.

    If you had a way to back out but didn't then that's a different story.. ;)
     
  6. tomcarl

    tomcarl Top Contributor VIP ★★★★★★★★★★

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    And to the other guy bidding who may have actually wanted the name for the previous bid.
     
  7. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    If you win an auction, you need to pay up. Pay up and then learn from your mistake. You reputation is everything in business and its not worth damaging it for a sale

    Make sure you do the right thing
     
  8. Al Cohol

    Al Cohol Established Member ★★★★★★★★★★

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    This x1000.

    Pay for the name, and make it an expensive lesson to learn from.
     
  9. bytedo

    bytedo Established Member

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    If an auction winner does not pay, doesnt the next highest bidder get offered the domain? Not supporting non payers just asking for clarification by the way.
     
  10. domainsoup

    domainsoup Established Member

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    Yes, in this case.

    There's nothing saying bidder 2 won't do the same thing.

    Sometimes I get the feeling that the 2nd bidder is just trolling. As other people are offering XX and he is forcing me to bid XXXX. No one else is interested in bidding more than $30 and there are a lot of other bidders.

    Sorry but that is troll or shill bids.
     
  11. m-i-k-e

    m-i-k-e Top Member PRO VIP ★★★★★★★★★★

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    That's how you describe the other guy??
     
  12. Ali

    Ali Top Member Starfire Holdings PRO VIP Trusted Contest Holder

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    Man up.
     
  13. domainsoup

    domainsoup Established Member

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    It would be a lot easier to pay if there was transparency. For all I know its shill bids.
     
  14. Ali

    Ali Top Member Starfire Holdings PRO VIP Trusted Contest Holder

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    Man up.
     
  15. DomainVP

    DomainVP DomainVP.com VIP

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    You placed the bid, you pay for it.

    A bid is the amount that you are willing to pay. If you aren't willing to pay that amount, them my friend... you are a liar.
     
  16. Dominic Belley

    Dominic Belley Four Letter Acronyms VIP

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    You bid, you pay.
    It reaches an amount you're not confortable with? Don't bid .. if you do, then pay !
     
  17. domainsoup

    domainsoup Established Member

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    Technically no. As if I don't pay it goes to the next guy.

    That guy helped inflate the price. So he'll have to live with his mistake as I have to with mine.
     
  18. johname

    johname Planet Futbol VIP ★★★★★★★★★★

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    Was it MsDomainer's name you bid on? (sorry I had too)


    Never bid more than you will actually pay for a domain
     
  19. imadoer

    imadoer Top Member PRO VIP

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    i cant tell you how many mistakes ive made over this last year i bid on things by mistake ive over paid for domains ive caught domains that where spelled wrong i won a few domains i didn't want. But i paid for it all because its the right thing to do. its your responsibility to honor your actions and agreements as a domainer
     
  20. alcy

    alcy Top Contributor VIP

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    lol.. plz tell me u do understand that guy bidding and pushing it to wherever high or low u feel it went, was you..
     
  21. DomainVP

    DomainVP DomainVP.com VIP

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    [​IMG]
     
    Last edited: Feb 20, 2016
  22. Dominic Belley

    Dominic Belley Four Letter Acronyms VIP

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    Wow! Does this really make sense to you?
     
  23. ksusha64

    ksusha64 Top Contributor VIP

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    Play monopoly with paper money if you cant " Man up" to your decisions.
     
  24. Rick Ace

    Rick Ace Top Contributor VIP

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    Why would you bid a penny more on a domain than you can afford? I can understand if you were bidding on an auction and suddenly you couldn't pay due to circumstances. Stuff happens. But it seems like you knowingly bid higher than what you could offer. That's not just bad business practice, it's illegal.
     
  25. RU

    RU I'm out of domaining. ~Russel VIP

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    what to do if buyer doesn't respond and doesn't pay?
     

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