question Can you list unregistered domains to sell on Dan, Sedo, Atom, Afternic etc....?

[Moaiz]

So i accidently listed a domain that i haven't registered yet, but was surprised to see that it was listed on my portfolio, and even on Afternic through dan. I was able to edit the prices as well and it did show up on the Dan Marketplace. I was wondering if ill be able to get any offers on it? And will people be able to stumble on that domain? Obviously i dont own it, so i cannot direct the name servers to Dan.
If i can get an offer i'll just go ahead and register it? Is it possible to sell domains like this? If so, are there any websites that allow it? (I'm not sure if this is a glitch or allowed on Dan's part).

Am I a genius or downright crazy?

 

[Hypersot]

If you look at Sedo's agreement here (Section 7.7):
https://sedo.com/us/about-us/policies/domain-marketplace-agreement/

You can see the following:

7.7 No Warranty by Sedo​

Buyer acknowledges that Sedo makes no warranty, representation or guarantee that the Domain Seller actually owns the Domain sold or any associated website content or that the Domain Seller is actually and legally able to procure ownership of the Domain sold or any associated website content.

So, for sure, you are not crazy. [ btw. sorry I had to check Sedo but it was easier for me ]

However, you need to ask yourself, why in all those years this is not a common practice?
If you ask me, as an example, it never occurred to me to do something like that because it feels somewhat unethical.. but, that's just me. I'm sure there are other reasons as well (eg. Maybe you'll piss buyers off when they realise which is never a good thing)

 

[dennisok]

You're still not the owner.

 

[Recons.Com]

So i accidently listed a domain that i haven't registered yet, but was surprised to see that it was listed on my portfolio, and even on Afternic through dan. I was able to edit the prices as well and it did show up on the Dan Marketplace. I was wondering if ill be able to get any offers on it? And will people be able to stumble on that domain? Obviously i dont own it, so i cannot direct the name servers to Dan.
If i can get an offer i'll just go ahead and register it? Is it possible to sell domains like this? If so, are there any websites that allow it? (I'm not sure if this is a glitch or allowed on Dan's part).

Am I a genius or downright crazy?

1. Those marketplaces do check from time to time, so an unregistered name can last for few weeks, but will be caught most probably and deleted.

2. If by that time someone comes across the name, he'll probably discover that it is unregged with 90%+ probability.

3. The more sustainable way used by quite a few is identifying registered unlisted names and then listing them themselves. If the name sells, they try to buy it from the actual owner for cheaper. It is a form of frontrunning that could easily be clamped down by GD/Sedo, but for some reason they don't do it. About 5%-15% of new names I buy (not hand-regs) end up being already listed on GD (Afternic, Dan) and/or Sedo.

 

[LiamWallace]

Would you list a car you do not own for sale on an online marketplace?

If you do not own a domain, do not list it for sale. The only exception to this is if you represent the seller/owner of the domain. Otherwise, it's tantamount to fraud. It's called a fraudulent listing.

 

[LoveCatchyDomains]

Would you list a car you do not own for sale on an online marketplace?

And if you go to a car dealership, and a sales associate tries to sell you a car for 10-1000x more than it is being sold elsewhere, would you ever return there?

When I found a marketplace with over half of the domains listed completely unregistered on some spot checks, I was shocked. And the asking prices were even more shocking.

Why would those sellers assume buyers are idiots, willing to pay much higher prices when they could instead simply pay standard registration fees at any registrar? And is it possible that the individual seller AND the marketplace as whole would permanently lose customers on that basis? Doesn't that matter?

2. If by that time someone comes across the name, he'll probably discover that it is unregged with 90%+ probability.

Yes, most potential buyers hopefully are not that gullible. But one would hope that a marketplace protects them by making certain that only an actual owner or designated agent is doing the listing

If you do not own a domain, do not list it for sale. The only exception to this is if you represent the seller/owner of the domain. Otherwise, it's tantamount to fraud. It's called a fraudulent listing.

Agree.