Dynadot

status-resolved Is an asking price the same as Buy It Now?

Namecheap
Status
Not open for further replies.

equity78

Top Member
TheDomains Staff
TLDInvestors.com
Impact
25,251
Impact
11,560
Absolutely should be.
Thank you and I agree.

I have now met the buyers asking price in the public thread they created and also via PM. Mods are saying the seller isn’t obligated to sell because they posted in make offer section.

Mind you, people start threads in wrong sections daily and mods simply move them.
 
Impact
11,560
Impact
11,560
In the PM, mods referenced negotiations starting over. Here’s the info -

I offered $6k and seller said he’d rather get the higher number. I then offered $7k and before he responded I said let’s just do the $10k or asking price.

Mods are saying this is somehow not binding. Now I’ve posted SOLD publicly in the seller’s thread. Will mods enforce the rules now?!
 
Last edited:

equity78

Top Member
TheDomains Staff
TLDInvestors.com
Impact
25,251
Thank you and I agree.

I have now met the buyers asking price in the public thread they created and also via PM. Mods are saying the seller isn’t obligated to sell because they posted in make offer section.

Mind you, people start threads in wrong sections daily and mods simply move them.

Nonsense utter nonsense

That's like saying if you start an auction there, it would get moved. That's wrong and a disgrace.
 

Samer

Restricted (15-30%)
Impact
21,198
@Keith only misleading buy it now is @Sedo’s.

WTF is this Sedo? add.com sold $800k at NC. Sure; buyer defaulted, but isnt offered for 50k

815A65F3-9201-4A99-B42F-D5AE3E134132.jpeg
 
Last edited:

Mister Funsky

Top Contributor
Impact
21,879
Just what the title says. If someone says they’re asking $10 for a domain and you agree to pay $10, is it binding per NP rules?

My understanding is that it is...offer + acceptance = deal

ADD: I recently sold the frame and motor parts of a 69 mustang. On a piece of plywood I wrote 'asking 1000 cash' and leaned it up against the frame. About an hour later a guy showed up with the cash, I gave him the salvage title and he said he would be back in a few hours with a rollback. About twenty minutes after he left, another guy showed up with a wrecker and offered me 1200...even if I still had the title, as far as I was concerned the sale had been made. Would it have been okay for me to sell to the second guy if my sign read: 'make offer...I am asking 1000'. The answer is no.
 
Last edited:

equity78

Top Member
TheDomains Staff
TLDInvestors.com
Impact
25,251
@Keith only misleading buy it now is @Sedo’s.

WTF is this Sedo? add.com sold $800k at NC. Sure; buyer defaulted, but isnt offered for 50k

View attachment 152002

Sedo been doing this and no joke I have an article ready to go on this that I started a couple days ago, "Hey Sedo this needs to change"

Now we got it here.

Look something is either make an offer. Buy it now or accepting offers this is the asking price/Buy it now.
 
Impact
11,560
This is what the mods said after seeing the PM convo -

“Hello,

It appears that the asking/Buy Now price has been met by the buyer, which creates a binding agreement between the buyer and seller. However, since it was a make offer listing, and negotiations in this direct message ended/started over, you are not bound to sell it at this time.”

Now I’ve posted SOLD in the actual thread. Maybe the mods will change course now.
 
Last edited:

karmaco

Top Contributor
Impact
9,101
If anyone else here wanted that name, I bet he is getting higher offers by PM and decided its worth more than that. Since he made the mistake instead of just putting five figures or XXXXX, he put an actual figure—-the deal should be honored. I find it interesting someone can slither out of this based on it being technically a make offer thread.
 

domains21

Established Member
Impact
1,153
Interesting dilemma as I can see it from both sides.

An agreed asking price can be seen as a done deal but at the same time it can also be seen as this is where the seller wants to begin. Think of an auctioneer accepting bids while in-between saying "I am asking X". The next bidder doesn't get it for that price until they are the final bid, to which it is then indeed sold.

So in that regard, 'asking' being the same as a (minimum) 'make offer' does make sense.
 
Impact
11,560
Interesting dilemma as I can see it from both sides.

An agreed asking price can be seen as a done deal but at the same time it can also be seen as this is where the seller wants to begin. Think of an auctioneer accepting bids while in-between saying "I am asking X". The next bidder doesn't get it for that price until they are the final bid, to which it is then indeed sold.

So in that regard, 'asking' being the same as a (minimum) 'make offer' does make sense.
He didn’t say accepting offers, auction, make offer, blah blah.

He said, here’s what I want.
 

Internet.Domains

Account Closed (Requested)
Impact
6,822
Interesting dilemma as I can see it from both sides.

An agreed asking price can be seen as a done deal but at the same time it can also be seen as this is where the seller wants to begin. Think of an auctioneer accepting bids while in-between saying "I am asking X". The next bidder doesn't get it for that price until they are the final bid, to which it is then indeed sold.

So in that regard, 'asking' being the same as a (minimum) 'make offer' does make sense.
Yes, "asking" can be seen as the start of negotiations.
 
Status
Not open for further replies.
Top