Not cool.

[sasan]

Was browsing Flippa last night and came across a domain I liked. Hit the BIN button and started an Escrow.com transaction.

Woke up this morning to a message from the seller:

Googled his name only to find out that he’s a domainer, runs a website for domainers, has been a speaker at NamesCon, etc. Basically: should know better.

I get it. Sometimes you list a domain and forget to update its price. It’s happened to me. But that’s on the seller, not the buyer. And in these cases, I’ve always honoured the transaction without question and quietly given myself a talking-to after.

It would also be another thing if he had let the domain expire or no longer owned it — but he does.

Honest mistake or not, responses like this really paint our industry in a negative light. In this case, I hit BIN – that’s pretty cut and dry. But also, if you’re going to negotiate with someone (as a buyer or a seller), keep your word. If we want the industry to be respected in the mainstream, it’s our responsibility to make that happen.

Anyway, getting off my soapbox now. This was my reply:

Haven’t heard anything back yet but have no qualms about naming or shaming if the seller doesn’t follow through with this transaction.

 

[lock]

Attitudes are alarming when it comes to T&C

 

[MapleDots]

I chimed in here once already and will keep my personal opinion to myself.

That said.... what @Sasan has done so far pales by comparison to what the Domain King would have done.

Has everyone checked this out:

http://www.hallofshame.com/

I bet Rick would have started another section on his site for this situation.

 

[maya-zir]

Some guys are so quarrelsome..

 

[sasan]

Some guys are so quarrelsome..

Some people hide behind anonymous profiles and defend unethical behaviour

 

[maya-zir]

Some people hide behind anonymous profiles and defend unethical behaviour

Like you?

 

[sasan]

Like you?

In what way is my profile anonymous?

 

[maya-zir]

In what way is my profile anonymous?

You want to say SASAN is your real name?
I bet all russian speaking here lough at you.. move on, SASAN

 

[sasan]

You want to say SASAN is your real name?
I bet all russian speaking here lough at you.. move on, SASAN

Thank you. I needed a good "lough" today.

 

[oldtimer]

spirit of being a domainer is upholding the deal.

You are absolutely right if two domainers engage in negotiations and come to an agreement to make a deal that is based on terms and conditions that are clear and are disclosed in full to both parties in advance.

But in my opinion trying to force a deal over an outdated BIN is against the spirit of domaining and there should be enough understanding and forgiveness amongst Industry insiders here so that we wouldn't have to have threads like this to begin with.

IMO

 

[sasan]

You are absolutely right if two domainers engage in negotiations and come to an agreement to make a deal that is based on terms and conditions that are clear and are disclosed in full to both parties in advance.

But in my opinion trying to force a deal over an outdated BIN is against the spirit of domaining and there should be enough understanding and forgiveness amongst Industry insiders here so that we wouldn't have to have threads like this to begin with.

IMO

"Outdated BIN" according to the seller. What's the difference between that and a domainer having seller's remorse? It's our job to keep our pricing updated.

Two professionals should be held to higher standards. I don't expect random end-users to honour a buy; a lot back out and I move on. But I would absolutely expect a domainer to follow through with a deal.

 

[TheAnimal]

It is the most common on Flippa. It also happend to me a lot of times.

 

[slader23]

Your word = Your bond
Don't bother interacting with people who don't abide by that.

 

[sasan]

UPDATE 4:

Mark Kychma chose not to honour the transaction and his BIN price. Flippa cancelled the transaction (I wish they could at least collect their lost commission from him) but suspended his account.

I'm done with this. But would recommend you ask Mark to justify his behaviour if you ever see him around

 

[MarkedMarket]

Some people know the price of everything and the value of nothing.

You would think that personal integrity and not having your name forever associated with a thread like this is worth more than a couple of dollars, but clearly not for everyone.

 

[Grilled]

tagging @B&J

 

[equity78]

tagging @B&J

B&J was last seen: Nov 13, 2019

 

[FlipperC]

From all of the "you never signed anything" and "no one owes you anything" comments, it is clear that no one reads terms and conditions on the websites they use. (Newsflash - you are bound by the rules even if you don't read them.)

I don't have the number, but I am sure it is in the "hundreds per day" of virtual buyer and seller agreements that take place. Seller agrees to sell by posting on a platform, the buyer agrees to buy by clicking "buy" and unless someone is ethically challenged (as in this case) the deal goes through.

If you agree to sell on a platform and do not hold up your end, you are unethical - period. And the platform should remove you for being unethical, otherwise, they are making a statement that they, too, are unethical. People deserve to know about both so they can make educated decisions when buying or selling.

If you purport to be a leader in your field, you certainly should not be unethical. And most ironic, if you have spoken on "domain name valuation" at your industry's leading conference, you need to suck it up if you screw up on your own domain pricing. Heck, using it as a teaching moment, blog about it, make fun of yourself for making a rookie mistake, but don't be another black eye on your industry. And if you invite people to speak and they disgrace the industry, for all that is good, do not be foolish and invite them back.

This is not rocket science... "life is simple, people complicate it."

nice. We should all listen.

 

[NickB]

So if the domainer renegged and the buyer was an end user that would also be ok not to honor the deal or less upsetting to you to name him? He should think of his name when deciding not to honor a bin price.

The guy being a domainer not honoring a deal is ten times worse and makes it helpful to us to know who not to deal with. Its moves like this that give us all a bad name. He knows better.

The idiot who makes an offer on your domain and scuttles off not paying is not the same. This guy had a bin he chose not to honor. Don’t do things like this and expect it to be kept under wraps.

My last post was supposed to be my last (not read anything past this page)....I left it friendly, difference of opinion and @Sasan said his piece, job done?

You completely missed the point of my post.....naming and shaming, be it buyer or seller is totally inappropriate at least in my mind......that was the general gist

@Samer - no I do not use his service, it pisses me off that shaming someone publicly seems to be fine with most people don't make assumptions....

 

[Samer]

My last post was supposed to be my last (not read anything past this page)....I left it friendly, difference of opinion and @Sasan said his piece, job done?

You completely missed the point of my post.....naming and shaming, be it buyer or seller is totally inappropriate at least in my mind......that was the general gist

@Samer - no I do not use his service, it pisses me off that shaming someone publicly seems to be fine with most people don't make assumptions....

Sorry @NickB
He is one of the people offers a
“taboo” service promote inform sale history.

I thought you took that into account;
Regardless of how good his service is
(I like Dnpric.es) (and just hate “.es”extension

It was a **** move, wouldnt you agree?
trying to separate the person from service.

but he has yet to respond! (yet alone Np)
this is damning in and of itself.

im trying to separate the person’s service from his actions; Whether or not he is Guilty or not
Sorry for accusing you;
Dnpric.es is a good service;
the owner just did something unethical listing!
i feel some may be biased cuz his Dnpric.es

Sorry insinuating you are biased to dnpric.es;
Just want this guy to show up give “his side”

Still grateful @Sasan made this thread; hope it gets resolved, Sorry again, Nick!
Samer

 

[poweredbyme]

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