Is Toby Clements In The Domain Business Again?

Discussion in 'Domain Industry News' started by Charley, Jan 2, 2017.

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  1. Charley

    Charley Striving To Be The Best VIP

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    Did anyone notice this in the newsletter from David Clements on 30/12/2016?

    Below are links to posts from domain bloggers in 2014

    http://domaingang.com/domain-news/t...er-david-domain-brokerage-business-continues/

    http://domaingang.com/domain-news/toby-clements-still-transacting-domainers/

    http://domainshane.com/time-domains-selling-left-right-toby-clements-vanishes/
     
    Last edited: Jan 2, 2017
    The opinions expressed on this page by users and staff are their own, not those of NamePros.
  2. SpareDomains

    SpareDomains Jay VIP

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    David has emailed me a couple times in 2016 basically asking for any submissions I wanna run. Due to stories I read from other domainers about payment issues I didn't respond. My business model since 2003 has been more of buy at $8-$100 and hold for the end user anyway so doubting newsletters are filled with the ultimate end users. If I was looking to dump domains I'd just use namejet etc...
     
  3. NPer

    NPer Very Allergic to CURRY PRO VIP

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    Those newsletters that claim to have been around for since a fabricated-year and therefore you should be fine with them not using Escrow... you know, those deals that go "through their site" with Paypal or wire directly into their bank account...watch out for those ones. One shouldn't even need to insist on Escrow (a legit one like Escrow.com), it should be standard.

    There's shady ones out there... some also disappear out of blue... then come back, and this and that... Take note and unsubscribe.

    I'll say that people shouldn't sell via Newsletters.
     
    Last edited: Jan 2, 2017
  4. Insha010

    Insha010 Active Member VIP

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    David helped me sell a domain for low 5-figures USD and would surely do business with him in future.
     
  5. djum

    djum Active Member VIP

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    Oh, yeah, we've noticed.

     
  6. internext

    internext Got Internet? VIP

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    No thank you. A BIG NO, thank you.
     
  7. Charley

    Charley Striving To Be The Best VIP

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  8. rockefeller

    rockefeller Established Member

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    Last edited: Jan 4, 2017
  9. JB Lions

    JB Lions Business Account Business Account VIP

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    This should have been handled first before even attempting a comeback, you still have people owed money:

    "So, to answer your initial question, while not everyone has been fully paid back yet, the vast majority have been made whole. As of today, I have repaid over 80% of my company’s debt. I expect that number to be at 100% by Q2 of this year, and will do everything in my power to make sure that deadline is met."
     
  10. tiawood

    tiawood Active Member VIP

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    http://domainnamewire.com/2017/01/04/toby-clements-back-say/

    Seems like he is trying to go in the right direction.
     
  11. tiawood

    tiawood Active Member VIP

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    Didn't see that one. Good point. Maybe they worked something out behind the scenes? I'd say it is a wait and see thing. Seems like he is trying to clean things up.
     
  12. SpareDomains

    SpareDomains Jay VIP

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    Agreed. Brokering isn't complicated especially with 3 way Escrow transactions available at Escrow or Payoneer. Buyer pays the sales price, broker sends the seller his proceeds, broker takes the remaining cut. If he owes 20% of the people years later than he obviously stole domainers proceeds for his own debts.

    Equivalent of being married 10 years and beating your spouse the last 3 years then having the balls to say but I was good 7 of the 10 years so I was more good than bad and I wanna make things right now. Which translates into I'm back cause I need money. Meanwhile we have no knowledge of the domainers financial status who got robbed of their cash for years. Did they have to eat Instant Lunch Ramen noodles for 6 months? Did some of their bills go unpaid due to getting screwed?

    Wanna make things right, get a real job and pay the remaining 20% off or ask one of your domainer buddies that will pat your disgraceful return to the industry on the back to front ya the cash to pay off your remaining debts before you try a relaunch. If they think your 100% top notch now then let their wallets show the confidence they have in ya making a legit return now.

    Trust is like virginity, one pric_ and it's gone for good.
     
  13. DNPJH

    DNPJH Established Member

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  14. creataweb

    creataweb Top Member VIP

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  15. DNPJH

    DNPJH Established Member

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  16. creataweb

    creataweb Top Member VIP

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  17. atinc

    atinc Established Member

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    he is coming back for more
     
  18. JagG

    JagG Established Member

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    What most people here are not mentioning is what Toby did before things Fu*ked up. This guy was selling to endusers if my mind serves me correctly. I maybe wrong but either way, I wish him luck.

    If Toby can sell gTLD's like the way he did sell .com's then he be doing the Industry & Domain owners a big favour and get gTLD's in front of the right people. I am sure he has a very good buyers database though the years.

    His past sales, (Did a quick search )

    Sold:
    2011 -
    SideEffects.com $100,000
    XQ.com $85,000
    MutualFunds.org
    $15,000


    2012 -
    BJ.com
    $325,000
    Frame.com
    $148,000
    YG.com
    $125,000
    LEO.com
    $120,000

    But we all know, the day Toby is selling gTLD's for a recored sale prices..Old Domainer's will forgive & Forget him and use his services again. "Sometimes we have to forgive and forgot and 2nd chances only comes once."

    Good Luck Toby hope you get you've sh*t together, look after old clients and move forward. - Jag Singh
     

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