Is there a NamePros negotiation protocol?

[armstrong]

Is there some sort of NamePros negotiation protocol that describes how negotiations should take place? Things like:

- if I make an offer, how long is it good for if not specified
- if I accept an offer, can the seller still back off from the transaction
- if I accept an offer, how long can the seller delay before completing his end
- once domains (or whatever product is involved) are delivered, how long can the buyer delay before sending payment
- if not specified, do we assume that Paypal is the mode of payment

Thanks and regards,

Apollo

 

[redhippo]

well some guide line would be helpful.....especially if NP$ or money is sent and there is no response. for sometime..:tri:

 

[Darren]

Good thinking Apollo.

Only a few days I ago I was thinking about a few things like this, and was searching the forum looking for 'buying/selling rules'.

 

[armstrong]

One reason I got to thinking about it is because I had an offer accepted, then retracted after twenty minutes before I was able to act on the accepted offer. Its not a big deal, so I won't make a fuss about it, but it would be nice if we had 'gentleman' (and women) guidelines in place to prevent future misunderstanding. Had there been more substantial values involved, real conflicts could arise.

 

[Elefekt]

I think it would be nice yes but no matter what is installed into place it will all come down to individual etiquette. After all people still can just do what they like.

 

[Matt]

There is a degree of Etiquette involved. They are basiuc, non verbal agreements. Effectively, if you make a bid/offer on a domain, and you retract, this should be done ASAP and really WITH a good reason, whether posted publically or in PM to the owner of the domain. I have made this mistake once, and bided. When I double checked my account, I realised i wouldnt be able to get the $$$, so I pm'd him immediately (within about 5 mins) and posted "retracted. Message sent to Owner" on the thread. He was good about it and said no probs, and posted that this was fine on the thread.

I think it all depends on the domain and situation at the time, but most sellers are good enough and most buyers are good.

All I can really say, or try to re-inforce, is if you ARE going to bid, MAKE SURE YOU HAVE THE FUNDS!

 

[armstrong]

Originally posted by SY4
Effectively, if you make a bid/offer on a domain, and you retract, this should be done ASAP and really WITH a good reason, whether posted publically or in PM to the owner of the domain.

Thanks, SY4. Do you think 'I just found out that my domain is worth more than that.' a good enough reason to retract offer acceptance?

 

[RJ]

Originally posted by armstrong
'I just found out that my domain is worth more than that.' a good enough reason to retract offer acceptance?

Absolutely not.

it happens a lot that an auction will close or offer accepted and a second buyer comes out of the woodwork to offer higher. Yes, it may suck to know you could have gotten more, but that is no reason to break your contract with another buyer.

Originally posted by armstrong
Is there some sort of NamePros negotiation protocol that describes how negotiations should take place?

There's not an offical negotiation protocol on our site other than 'Be professional and ethical in all transactions', but its worth considering for us to write guidelines for certain situations. What do you think?

 

[armstrong]

Originally posted by -RJ-
Absolutely not. It happens a lot that an auction will close or offer accepted and a second buyer comes out of the woodwork to offer higher. Yes, it may suck to know you could have gotten more, but that is no reason to break your contract with another buyer.

This recently happened to me on what could have been a relatively modest domain trade, conducted via PM. Without real guidelines in place, perhaps my co-trader thought that this kind of retraction is okay.

There's not an offical negotiation protocol on our site other than 'Be professional and ethical in all transactions', but its worth considering for us to write guidelines for certain situations. What do you think?

I think there should be one, as folks have different ideas about proper etiquette. If we do draft one, it should be kept as simple as possible so it would be easy to understand and remember.

 

[Matt]

Thanks, SY4. Do you think 'I just found out that my domain is worth more than that.' a good enough reason to retract offer acceptance?

Absoloutly not. However, there are circumstances when it happens. I've put a couple of names into the Auction on Tuesday, and lost a shed load compared to what I honestly felt the domain was worth. It was VERY hard to send it to the buyer ... *looks at Jef*... however, this stuff happens, and thats the deal with the auction.

However, if I placed a name on the baords, and ran an auction, and someone offered me alot more than it was going for, I would at least post it on the boards saying i have had a private offer and it was "x" amount.

The problem is, alot is being based on the decency of users. 99% are good guys/gals....but there is always that 1% lurking