Negotiating with Front runners | Namejet user: markmon

[BuyBrandWeb.com]

Front running is one of the major problems in our industry where genuine investors ended up with paying more at the auctions as I paid $184 USD for jefferygroup.com domain name and it was offered to jefferygroup.net owner for less than 1000 USD but I was not aware of it and I went with a bidding war and won the auction.

Later I had a discussion with jefferygroup.net owner and he mentioned that 3 people contacted him for the same during the auction.
I would have been got it for 69 USD!

I was bidding on coinsociety.com auction recently (auction ended on 17th March 2019) and I own coinsociety.org
I got a mail from front runner during the 3-day private auction and it was offered to me. I have started negotiating with him without mentioning that I was bidding on that auction.

Here is the complete negotiation mail for your reference

His name: Jason Martin ( May be a fake name)
Mail id: [email protected]
Phone number: +1 (323) 207 0796
********************************************************************

On Tue, Mar 19, 2019 at 9:01 PM Jason Martin <[email protected]> wrote:
Sorry I hit the send button too soon. The below email I see sent with a slightly different price:


Hi Praveen,

We are seeking $3,995 USD.

Jason

If you use the same email thread started via the website they will honor the price I quoted you if paid this week.

Jason

---- On Tue, 19 Mar 2019 08:29:49 -0700 Jason Martin <[email protected]> wrote ----

Hi Praveen,

I see the below email:

---- On Tue, 19 Mar 2019 06:54:21 -0700 Praveen Chidaboyina <[email protected]> wrote ----

Hi Jason,

You have offered the domain name to us for $3895 but why are asking $55000 USD now?
Praveen Chidaboyina
+91-94 94 717 617

Skype: praveen_843

On Mon, Mar 18, 2019 at 8:45 PM Jason Martin <[email protected]> wrote:

If you put that in the contact form on the website I am sure they can organize Escrow.com to be the payment gateway.


Jason

---- On Mon, 18 Mar 2019 07:58:12 -0700 Praveen Chidaboyina <[email protected]> wrote ----

I want to use Escrow.com only.
Praveen Chidaboyina
+91-94 94 717 617

Skype: praveen_843

On Mon, Mar 18, 2019 at 8:26 PM Jason Martin <[email protected]> wrote:

Best way to buy the domain is use the lander directly:

http://coinsociety.com/

---- On Sun, 17 Mar 2019 14:35:12 -0700 Praveen Chidaboyina <[email protected]> wrote ----

Are you there?

On Friday, March 15, 2019, Praveen Chidaboyina <[email protected]> wrote:

--
Regards,


Praveen Chidaboina
+91- 9494717617

Okay, sounds good. I have visited the domain but it is not resolving. Any idea why it is not working?
Praveen Chidaboyina
+91-94 94 717 617

Skype: praveen_843

On Fri, Mar 15, 2019 at 9:12 PM Jason Martin <[email protected]> wrote:
Sadly we cannot take PayPal directly. Only though Escrow, etc.

Jason

---- On Fri, 15 Mar 2019 08:21:14 -0700 Praveen Chidaboyina <[email protected]> wrote ----

Jason- I'll pay through Paypal today and will you guarantee the delivery by end of the day?
Praveen Chidaboyina
+91-94 94 717 617

Skype: praveen_843

On Fri, Mar 15, 2019 at 8:42 PM Jason Martin <[email protected]> wrote:

Hi Praveen,

Maybe a little room but not a lot. We can deliver the domain same day as funds are secured.

Jason

---- On Fri, 15 Mar 2019 02:45:38 -0700 Praveen Chidaboyina <[email protected]> wrote ----

Hi Jason,

Can I expect some room for negotiations? How long does it take to have ownership?
Praveen Chidaboyina
+91-94 94 717 617

Skype: praveen_843

On Fri, Mar 15, 2019 at 12:10 AM Jason Martin <[email protected]> wrote:

Hi Praveen,

We are seeking $3,995 USD.

Jason

---- On Thu, 14 Mar 2019 11:34:09 -0700 Praveen Chidaboyina <[email protected]> wrote ----

How much?
Praveen Chidaboyina
+91-94 94 717 617

Skype: praveen_843


On Thu, Mar 14, 2019 at 11:58 PM Jason Martin <[email protected]> wrote:
Hello and Good Afternoon,

Would you have an interest in Coinsociety.com? We are about to sell the domain and wanted to check in with you just in case.


Jason Martin


---
Jason Martin
[email protected]
+1 (323) 207 0796
*************************************************************************
So I was curious to know who won the auction and confirmed with the winner and he agreed the same and they did outbound!

_____________________________________________________
coinsociety.com whois

Updated 7 days ago
Domain Information
Domain:
coinsociety.com

Registrar:
Network Solutions, LLC

Registered On:
2007-02-05

Expires On:
2020-02-05

Updated On:
2019-03-18

Status:
clientTransferProhibited

Name Servers:
buy.internettraffic.com
sell.internettraffic.com

Registrant Contact
Organization:
LEVEL2 LLC

Street:
857 N LA CIENEGA BLVD 2ND FL

City:
LOS ANGELES

State:
CA

Postal Code:
90069-4707

Country:
US

Phone:
+1.3109109200

Email:

@level2.com

***************************************************************************
Uniregistry Mail conversation:
THE SELLER

Steen
+1 (702) 751-6695
CONVERSATION HISTORY7

System messages visible
MAR 19, 2019

Made an offer of $200.00
4:13 PM

Steen - The Seller
Hi Praveen, Our price for this domain is $54,995.00 USD. We honor our price quotes for seven days however the domain may sell to someone else during this time. Steen Click Here To Respond
5:19 PM
Praveen Chidaboyina - You
I have been offered this name for 3895 with some room for negotiations 4 days ago but what changed?
7:22 PM

Praveen Chidaboyina - You
Praveen Chidaboyina +91-94 94 717 617 Skype: praveen_843 On Fri, Mar 15, 2019 at 8:42 PM Jason Martin <[email protected]> wrote: Hi Praveen, Maybe a little room but not a lot. We can deliver the domain same day as funds are secured. Jason ---- On Fri, 15 Mar 2019 02:45:38 -0700 Praveen Chidaboyina <[email protected]> wrote ---- Hi Jason, Can I expect some room for negotiations? How long does it take to have ownership? Praveen Chidaboyina +91-94 94 717 617 Skype: praveen_843 On Fri, Mar 15, 2019 at 12:10 AM Jason Martin <[email protected]> wrote: Hi Praveen, We are seeking $3,995 USD. Jason ---- On Thu, 14 Mar 2019 11:34:09 -0700 Praveen Chidaboyina <[email protected]> wrote ---- How much? Praveen Chidaboyina +91-94 94 717 617 Skype: praveen_843 On Thu, Mar 14, 2019 at 11:58 PM Jason Martin <[email protected]> wrote: Hello and Good Afternoon, Would you have an interest in Coinsociety.com? We are about to sell the domain and wanted to check in with you just in case. Jason Martin --- Jason Martin [email protected] +1 (323) 207 0796
7:22 PM

Steen - The Seller
Hello Praveen, Sorry for the mistake. A coworker quoted the domain this morning without knowing of the former quote. We can indeed honor $3995 USD if funded this week. Steen Click Here To Respond
8:14 PM
Praveen Chidaboyina - You
Steen- quick question: the mail came from [email protected] but whois info shows [email protected] email. Do you own both email id's?
9:23 PM

Steen - The Seller
Broker who refers sales to us in exchange for a commission. Steen Click Here To Respond
9:24 PM
*********************************************************************

I think @NameJetGM should ban markmon user from Namejet!

 

[wwwweb]

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[billp3]

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[equity78]

Edit requested.

 

[equity78]

^ Why would they? Seriously.. think about it.

Forget about why would they? How could they? I am not cheerleading for NameJet and I think there are things they can do better. I have never engaged in front running, but how could NameJet stop it.

So Goodtreats.com is expired on NameJet (hypothetical example), a human being decides to hit Google, corp directories, etc... Starts asking them if they would be interested in purchasing the name? How can NameJet prevent that? What legal standing would NameJet have if they knew about it? which in cases where the front runner doesn't also email domain investors like in the coinsociety case would be less than 1% in my estimation.

Do we all know right now who is contacting businesses that have no understanding of NameJet/GoDaddy auctions? Plenty of people are probably out there sending off emails trying to get a bid.

 

[wwwweb]

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[Ategy]

Does anyone know if MarkMon has any relation to Mark Monitor?

 

[equity78]

Does anyone know if MarkMon has any relation to Mark Monitor?

I do not believe so in anyway.

 

[wwwweb]

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[wwwweb]

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[wwwweb]

Does anyone know if MarkMon has any relation to Mark Monitor?

Isn’t markmon the handle for level 2 aka Hof Steen

It has nothing to do with the IP registration company. I would think he puts himself at a disadvantage with the name, more targets, or maybe he thinks he can get semi transparent TM names without competition.

These are the people emailing leads for domains on auctions at lower pricing pre buy, ruining it for the poor sap who overpays, and then has his target market disrupted with phony pricing.

 

[JB Lions]

any idea about namejet user 'corplaw'?

Very active, in all my recent auctions. Just takes 1 to bid up. I've always wondered what if somebody like Bill Gates came into these auctions. He could really troll the hell out of the whole domain community. Just come in and own anybody. But this stuff is peanuts to them.