advice High-Profile Domainer Refuses to Transfer Sold Domain?

[DrJacoby]

Here's a question to the more experienced members of Namepros.

If you purchased a domain at BIN price at one of the two big marketplaces, and then the seller refuses to transfer it, claiming that he/she sold it at another venue shortly before you bought it, what would you do?

1) Do nothing and just move on.
2) Take legal action.
3) Name and shame.

Would it matter if the offender is a high-profile figure (that, for example, sits on the NamesCon Advisory Board)?

Worth mentioning is that the seller lowered the price just before I purchased it, so I find it hard to believe the he/she is no longer the owner. Besides, serious sellers only have BIN prices at one marketplace. Even beginners know this.

 

[Hui Siew Choong]

Name and shame are best , no point as the most is the seller just got banned from the platform which can be easily reopen a new one.

 

[LoveCatchyDomains]

So, the price drop at Sedo happened after the assumed sale, is that correct @DrJacoby?

One simple question here.

Sedo has mandatory verification for all their listings. If indeed the domain was sold the day prior, could this whole mess been avoided if they had in place routine verification rechecks prior to accepting any sale offer? , Basically, a quick check that confirms that the domain is still indeed available?

While this would not change the outcome of your current situation, could at least some further incidents like this be prevented? Wouldn't a quick verification recheck prior to sale be helpful, to pick up when a domain transfer is already in progress?

 

[DomainNameWire]

I'm late to this thread, but I'm guessing what the seller told you is correct, especially for the dollar amount you're talking about.

It's unfortunate, but it happens. Sellers have some responsibility for removing listings, but marketplaces are also at fault. Earlier this year I got a sales notice at Dan for a domain I sold through Afternic a year or two ago. Dan syndicated listings even if you didn't want them to, so I place the blame on GoDaddy for that one.

 

[DrJacoby]

I'm late to this thread, but I'm guessing what the seller told you is correct, especially for the dollar amount you're talking about.

It's unfortunate, but it happens. Sellers have some responsibility for removing listings, but marketplaces are also at fault. Earlier this year I got a sales notice at Dan for a domain I sold through Afternic a year or two ago. Dan syndicated listings even if you didn't want them to, so I place the blame on GoDaddy for that one.

The seller didn't say anything. He/she didn't bother to answer my email. The marketplace tried to contact him/her for days before he/she cared to respond to them that the domain had already sold at another venue.

My guess is that the "punishment" he/she received was milk and cookies and some comforting words.

 

[Reyginus]

Report to the marketplace and move on would be my decision.

 

[AEProgram]

There are people that have bots that monitor names they are interested in for a price drop. Maybe someone was monitoring the name and when they dropped the price they scooped it up. The other thing that could happen is the seller was in talks with a buyer and agreed to lower the price and the buyer purchased it.

The fact that they lowered the price means they wanted a sale and it does not look like they would be one of those sellers that when someone buys they have sellers regret.

These things do happen and in this case I don't think the seller meant harm to you.