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On sedo.com a domain was mistakenly purchased by me but i dont want that domain, now what to do?

Located in Legal Discussion started by Varun Patil, Mar 13, 2018.

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  1. Varun Patil

    Varun Patil Established Member

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    On sedo.com a domain was mistakenly purchased by me but I don't want that domain, and I have mailed them about this problem but they are sending me mails to make payment of 8000 USD , now what to do ? I don't have even 5 dollars I am a student . I don't have that much money. How can I get out from this situation , please help me. They are saying that they will take legal action against me. Please help me.
     
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  2. 1Darko

    1Darko Active Member VIP

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    Can you please share more details - domain and emails!?
     
  3. Joshua Harding

    Joshua Harding AvailDomains.com Gold Account

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    You're technically under legal obligation if you followed through with the entire purchasing procedure. However, you're not the first person to have reneged on a deal.

    Contact Sedo and/or your transfer broker directly in an attempt to rectify the situation as soon as possible.
    You may be banned from their platform, but you'll ultimately be okay.
     
  4. wwwweb

    wwwweb Top Member VIP

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    So when they said please confirm to click this, and you entered your confirmation information, yet you don't even have $5, what business do you have making purchases on domains.

    I don't think you are going to find much sympathy here. You need to spend your time emailing sedo support, and letting them know this story, nobody here can really help you.

    I have been thru this a few times, so I feel for the seller, whose time you have wasted, along with sedo's.

    If sedo does ban you, it would probably be for the best, as you have no business being on there if you have no funds to purchase domains, they would be doing you a favor, protecting you from yourself, and protecting all sellers on the platform also.
     
  5. pinkdragon

    pinkdragon Established Member

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    If you don't have even 5 dollars, why do you "click" on a 8k domain? Just for fun?
     
    Last edited: Mar 13, 2018
  6. alcy

    alcy Active Member VIP

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    post picture of your emails from them

    I never heard sedo threaten legal action for this kind of situation.

    so imo the only thing you should be concerned about is them closing your account if u do not pay. .. but since you say you have no money to buy, then maybe this will be no big deal to you.. plus other sellers will not be getitng false sale alerts cause your just clicking around with your mouse.

    gl
     
    Last edited: Mar 13, 2018
  7. Joshua Harding

    Joshua Harding AvailDomains.com Gold Account

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    Sedo doesn't threaten legal action themselves, they make the buyer aware that the seller is able to pursue legal action.
     
  8. alcy

    alcy Active Member VIP

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    that makes more sense.
    but thats not what he said.
    hence my comment.

    cheers
     
  9. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

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    It's not just a click, you checked a box that agrees to terms and conditions.
     
  10. stewmath

    stewmath Top Member VIP ★★★★★★★★★★

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    So why did you click to buy a domain for $8k if you only had like $5?
     
  11. BrandMart

    BrandMart DomainBugle.com VIP

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    It's funny how people do funny things all over the internet and come to namepros asking for help? Are WE the help-experts now? Free advice, anyone?
     
  12. wwwweb

    wwwweb Top Member VIP

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    Come on let's get real, most likley this is a student from India, there is no recourse, when there are no assets in play. Legit buyers who have millions don't get sued, how is this punk going to get sued, when he has nothing to provide in damages.
     
  13. Joshua Harding

    Joshua Harding AvailDomains.com Gold Account

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    Sorry, that comment came off as curt and crass, which wasn't my intention. Indeed it looks like the OP is flustered and incoherent in their explanation of the situation.
     
  14. Joshua Harding

    Joshua Harding AvailDomains.com Gold Account

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    This is the real question. There's plenty of friction leading up to ultimately purchasing a domain. It simply doesn't happen haphazardly.
     
  15. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

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    They won't take legal action but you will be banned from Sedo. This is good. You shouldn't be there.
     
  16. johname

    johname Planet Futbol VIP ★★★★★★★★★★

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    Tell them your toddler age kid was playing at the keyboard
     
  17. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

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    Tell them your inner toddler was playing at the keyboard
     
  18. Joshua Harding

    Joshua Harding AvailDomains.com Gold Account

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    I like it. Undoubtedly permissible in court, right? ;)

    "Your honour, it was the children!"

    Maybe the child was him all along.
     
  19. johname

    johname Planet Futbol VIP ★★★★★★★★★★

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    It wont get him off but at least its something to say other than was shilling for a friend
     
  20. wwwweb

    wwwweb Top Member VIP

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    Well if sedo does sue you they will be getting the less than $5 you claim you don't have to your name, so what are you really worried about?

    Or is it the tarnishing of the household brand of Varun Patil you are worried about?
     
  21. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

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  22. johname

    johname Planet Futbol VIP ★★★★★★★★★★

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    LOL Yeah the "Someone Bought My Domain for 8K but Wont Pay" thread just around the corner
     
  23. MS-Domains

    MS-Domains Established Member

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    2 victims here, the seller & the marketplace in this case , Sedo. Not the "buyer".

    Hope it doesn't happen to others.
     
  24. Varun Patil

    Varun Patil Established Member

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    Sedo Transfer Agent
    Dear Varun

    Thank you for your message.

    When you placed your bid on the domain name, you were informed that if accepted it would be legally binding.

    As the bid was accepted a legally binding purchase agreement has been reached. As such you are responsible for paying for this transaction.

    You can find the contract in your Sedo Account/Transfer Center at “Transfer Documents”.

    As such you are responsible for paying for this transaction and it is not possible to withdraw from the contract you have reached

    The seller may start legal proceedings against you, as you are breaking a purchase agreement.

    Moreover, the cancellation in our system has no influence on the contract you have reached with the seller. The contract will still remain a legally binding document.

    We kindly ask you to arrange the payment to our trust service bank account. You can find our payment details at “my Sedo” -> “Billing”. Our bank details are listed in the payment note.

    Please let us know if you still insist on a cancellation or if the payment will be arranged to avoid any legal consequences that may occur.
    This is msg from sedo
    I know it was my mistake , and Iam accepting it. It was one unknowingly, please help me
     
  25. imadoer

    imadoer Active Member PRO VIP

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