top DropCatch.com on the Market..

[c4smok]

DropCatch.com on now for auction on Sedo...

Already received several high offers for this domain name.

It is listed on Sedo if you are interested…

I will also be listing it on a few others very soon.

Thanks,
c4

 

[c4smok]

If minimum offer is met on Sedo, the auction will commence there after. Any offers made off site will have to be handled through an escrow service, if you wish to meet the BIN without going through an auction. Also the domain name will be transferred via a GoDaddy Push. I will have the push watched over to make sure everything goes correctly.

An opportunity to own the term of the Drop Catch industry is coming to a conclusion. If you plan to get involved in a venture, or currently own a service that you would like to improve on the image of. What better name could you have on the net?

Any questions or comments should be sent to..

[email protected]

 

[c4smok]

Auction starting price has been met; this means this domain name will be sold. Reserve price has been met.

Auction will start Monday for those who are interested.

http://www.sedo.com/search/details.php4?domain=dropcatch.com&tracked=&partnerid=&language=us

-c4
[email protected] <-- for more information

 

[c4smok]

Auction has started, DropCatch.com is now listed for auction at Sedo..

http://www.sedo.com/auction/auction_detail.php?language=us&auction_id=12220&tracked=&partnerid=

1 bid so far..

==> Auction ends June 22nd at 11:35pm EST <==

 

[c4smok]

3 days now left in auction..

This sweet name will be somebodies new brand for a domain venture =)

 

[c4smok]

24 hours left in auction, about to be home to a new Drop Catch service I figure =)

http://greatdomains.com/auction/auc...=us&auction_id=12220&tracked=&partnerid=32392

 

[c4smok]

5 hours left..

 

[c4smok]

Close Thread...

DropCatch.com is off the market..

Deadbeat Buyer at Sedo, this domain name will be off the market for awhile now..

It would be nice if you could even get in contact with Sedo, msged them over 48 hours ago now...

If anybody can recommend me a decent Auction site please PM me because I do not want to use Sedo anymore..

But Alas no dice..

 

[DotWeekly]

Close Thread...

DropCatch.com is off the market..

Deadbeat Buyer at Sedo, this domain name will be off the market for awhile now..

It would be nice if you could even get in contact with Sedo, msged them over 48 hours ago now...

If anybody can recommend me a decent Auction site please PM me because I do not want to use Sedo anymore..

But Alas no dice..

I have had this problem with Sedo several times.... There has to be a way to stop these deadbeat bidders! I would suggest Afternic or one of the TRAFFIC auctions.

 

[cybernym]

Unfortunately, deadbeat buyers aren't unique to Sedo. I've encountered this on Afternic as well. Fortunately, at least on Sedo, the rate is pretty low. I'm not sure there is much else they can do, except make the process of opening an account to bid more difficult, which probably wouldn't have good results overall.

 

[c4smok]

Well I have a solution to the problem, I will suggest it to Sedo, it is something that will kill this type of thing right out. It would add teeth to placing an offer in the first place.

 

[zorag]

Well I have a solution to the problem, I will suggest it to Sedo, it is something that will kill this type of thing right out. It would add teeth to placing an offer in the first place.

What's your solution, do you mind sharing it with us?

 

[c4smok]

Well I will give you a layer of the idea itself. This part pertains to the offers, which are placed on a domain name of more then 1,000+ dollars by the buyer. A requirement before the offer is placed would be the deposit of 12% of the funds into the escrow account. The Seller would claim 10% of the funds that were deposited into the escrow account if they buyer backs out on the agreement. The other 2% would go towards the company involved in the transaction. This is a simple and easy plan for offers in general.

Now the auctions require a more complex solution to make them work correctly. I have an idea for that setup but I am not quite so sure about that situation. It would require at least $500 in an escrow account. If you are willing to bid over 1k on a domain name it should not be a problem. The ending bid if the buyer backs out of the auction would end in the same 12% to $500 total in the escrow account in general. The other option could be based on scale and reputation on the offer/auction service to increase the amount of funds or lower them based on your past deals. Now this would require a lot more paper work but would lead to more legitimacy of the service itself. The reason I am not sure about the auction part is based on how auctions are in general. You want as many people as you can get to bid on domain names, and this could limit your total number of bidders. I guess it really just is based on how secure you really want an auction to go.

Now if anybody plans to use anything like this please give me some credit for the idea. But I am also sure many have thought of this since a lot of the ideas come from real-estate sales.

 

[zorag]

I would suspect account suspension would me mandatory for Sedo none payers, also more of a threat of legal action, and the vetting of account applications maybe more apt, I always think it's difficult to impose financial requirements during the bidding process - it needs to be a painless run but with the right buyers involved.

SnapNames have a good system involving credit/debit card authorization with new account applications, although I have seen a couple of pending payments just recently.

 

[c4smok]

Oh yeah I got a nice email from Sedo today... Saying there is nothing they will be doing about the whole thing. And on top of that they said the buyer did not have the funds and he was going to be out of the country the next month. So there would be no way to get in touch with him.

Very nice right?