Domainers Ethics

[aceeca]

Hello Folks,

Just wanted to know if there is some unspoken code of ethics among domainers. The reason I'm asking is because I was a person offered to sell me a domain that was much lower than the going price. It is very tempting to buy the domain for that price as it would have been a bargain. I do not know the reason why he/she is selling the domain for so less. What would you guys do?

--Ace

 

[mis_chiff]

I would check it out!
If your suspicious get them to change
the whois, or reply to/from the email
listed on the whois.

 

[aceeca]

I trust the seller. Its a matter of paying very less in getting the bargain or informing that the price is too low and paying higher than the seller expected

 

[mis_chiff]

Well if you trust the seller then, go for it!
Maybe they just have a need for some quick cash....
you can ask why it's priced low, but then you
may end up losing the first offer

 

[Jackie]

There's no problem ethically with some at far less than it's market value if that's the price somebody offered it to you for. That's the domaining game for you. It's trying to identify domains that are priced under their value, buy them, and sell them later on for a profit. :tu:

 

[Hurley4540]

Buy it if hes legit

 

[Kate]

If you think you're having a steal leave a bonus on the table for the other party so it's more a win-win transaction

 

[weblord]

here's our code of ethics:

Domain Name Owners Association

Code of Ethics

Membership in the Domain Name Owners Association is voluntary and signifies a domain owners' agreement to to the following code of ethics in its entirety.

* Members of the Domain Name Owners Association shall exercise the utmost level of integrity in all business transactions and in all relations with other buyers, sellers, employees, and competitors. Members shall work diligently to build and perpetuate faith and trust in their business practicies.

* Association members shall dedicate themselves to the promotion of professionalism within the domain name industry. Sellers shall truthfully identify themselves, their company, their products and the purposes of their solicitation to the prospective customer.

* Association members shall refrain from the use of deceptive, unlawful or unethical advertising or marketing when selling domain names. This includes the practice of making misleading statements about a domain name's traffic, its past earnings, pagerank, link popularity or other statistics. Any such claims must be reasonably indicative of similar results for the purchasing party, unless clearly stated otherwise.

* Association members shall not engage in the practice of domain theft, and shall not purchase nor sell any domain that is known to be stolen from its rightful owner.

* Association members shall not practice shill bidding in any auction, whether on their own auctions or that belonging to an associate.

* Association members agree to honor sales agreements (including results of auctions conducted by member) regardless of additional offers received after entering such an agreement.

* Association members shall make no false statements nor circulate harmful rumors about a competitors’ products, business, financial or personal standing.

* Association members shall encourage fellow members of the Domain Name Owners Association, and their colleagues to adhear to this Code of Ethics.

Upon receipt of a complaint, association members shall make a good faith effort in resolving the issue addressed in the complaint. Violation of any of the above codes shall result in a revocation of active association membership status as determined by the association.

http://dnoa.org/codeofethics.php

 

[popopo]

why not use ebay?

 

[htmlindex]

I trust the seller. Its a matter of paying very less in getting the bargain or informing that the price is too low and paying higher than the seller expected

Why would you inform them that the price is too low? That's just dumb IMO.

Anyway, the market value of a domain is the price of what a willing buyer & a willing seller come to.

If it's legit not a scam, make the purchase, it's called business. Happens every day in real life. Or if you're hesitant on making the purchase let me know about the deal & if it looks good for me & I can afford to buy it, I'll take it off their hands for you, that way you'll feel better

 

[aceeca]

I did what Kath mentioned, paid around 15% more than he/she asked for.

 

[dezinerite]

I did what Kath mentioned, paid around 15% more than he/she asked for.

Feel free to browse through my domains for sale, haha. :D

I agree with htmlindex, I can't believe anyone would want to pay more than what the seller is asking for. :lala:

I don't think my way of thinking has anything to do with a lack of ethics...you win some and you lose some...

...You lose some, so whenever you can win some, you should take advantage of that.

 

[Ross]

I did what Kath mentioned, paid around 15% more than he/she asked for.

Congratz!

Though you must ask yourself why is that domain being sold for so low? Is there a reason they want to get rid of it? Does it check out with major search engines? Is it really worth what you/I think it is worth?

Those types of questions are very important when buying domains that you think should be selling for more or unregged names.

May we know what the name is?

 

[Ringtonebro]

I did what Kath mentioned, paid around 15% more than he/she asked for.

That's just stupid..

 

[Spade]

The bottom line is each Domain Owner is responsible for determining appropriate market pricing for their own domain names. Quite honestly, sometimes people price domain names lower then they should because they need a quick sale for liquidation.

I make my living off buying low and selling high. If I cant buy low, I dont make money.

Justin