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Premium Listing Sold on GoDaddy for $99,999.00, My list Price, GoDaddy Nonresponsive

Located in Legal Discussion started by heartsforhemp, May 3, 2019.

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  1. heartsforhemp

    heartsforhemp Established Member

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    I am current domain holder of over 1300 domains in a certain industry. One I know like the back of my hand. I received notification that a domain I had listed on premium listing was transferred out of my account. I then contacted GoDaddy to see if it had sold. I was told yes it had sold. The domain was listed at $99,999.00 the maximum I could list on GoDaddy. I received a receipt from GoDaddy saying "Congratulations on selling your premium domain at listed price $99,999.00". This is life changing for me, who invests everything back into programs for people and the less fortunate. Thinking I finally caught a break.

    Since then I have received no response from GoDaddy support team regarding the sale of my domain. The most unfortunate part is typically when I receive these emails I am always paid the amount minus commissions. I began immediately paying off some large debts I have incurred being in the industry I am in. I am now concerned of financial discourse to my family because GoDaddy doesn't want to cough up my money.

    What do I do? I've called, emailed, and contacted to no avail.

    Please Help @Joe Styler
     
    Last edited: May 3, 2019
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  2. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    @Joe Styler

    How much did godaddy tell you it sold for when you called/emailed?
     
    Last edited: May 3, 2019
  3. heartsforhemp

    heartsforhemp Established Member

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    Domain was immediately transferred and I received the Receipt of $99,999.00 for the sale shortly after.

    Domain is now completely gone from account.
     
  4. DomainBarracksRob

    DomainBarracksRob Top Member VIP

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    @heartsforhemp Congrats on the sale, however sorry to hear about the current situation. @Keith thanks for sharing , as after seeing their signature and name I see why you shared the thread in the hemp thread.

    3 things.

    1) I hope you get paid and all works out.
    2) Beautiful Hemp Business Site you have there
    3) Is there any chance you can share this name? That be great!

    congrats again and GL with Godaddy!
     
  5. Dave

    Dave Top Member VIP ★★★★★★★★★★

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    Don't panic, I'm sure @Joe Styler can help you out, but if not do not worry. GoDaddy are a multi billion dollar company, they're not going to keep your money from you. Keep calling them and prompting them.

    Congratulations on a fantastic sale.
     
  6. heartsforhemp

    heartsforhemp Established Member

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    I purchase domains knowing the hemp industry thoroughly, I've had clients range from NASA (Rick Presley) first man to grow plants underneath the Sea, RJ Reynolds, to GW Pharmaceuticals so my range covers sectors thought of and growing. Reason for the list price is I am aware of various sectors merging to share medical information on cannabinoids globally and large networks that they are comprised of.

    The Domain is GLOBALHEMPSOCIETY.COM
     
  7. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    I hope it works out for you, nice sale.

    Some advice, never start wiping debts until you have the funds in the bank, and that applies to any industry, not just domaining.
     
  8. heartsforhemp

    heartsforhemp Established Member

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    I concur
     
  9. Paul Nicks

    Paul Nicks Member GoDaddy Staff PRO VIP ★★★★★★★★★★

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    @heartsforhemp can you send me the name so I can have the team research?
     
  10. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    How long ago did you get the email saying it had sold? I see the whois on the domain only updated 2 days ago.
     
  11. DomainBarracksRob

    DomainBarracksRob Top Member VIP

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    WOW a 3 Worder....... for top of 5 figures! This is simply incredible, big congratulations , and Thanks for sharing the name....many here will greatly appreciate it !
     
  12. Paul Nicks

    Paul Nicks Member GoDaddy Staff PRO VIP ★★★★★★★★★★

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    ok, didn't see the name in the follow-on posts... will have the team take a look
     
  13. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    GLOBALHEMPSOCIETY.COM
     
  14. Embrand

    Embrand Michael Bilde ICA Member Gold Account VIP ★★★★★★★★★★

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    Congratulations! Incredible for a name that is less than one year old :)
     
  15. maxtra

    maxtra Let's make a deal Gold Account VIP

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    Why did you decide to price GlobalHempSociety.com at $99k

    Just curious

    Many congrats on the sale :)
     
  16. DomainBarracksRob

    DomainBarracksRob Top Member VIP

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  17. carob

    carob Top Member VIP ★★★★★★★★★★

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    Godaddy can take 7 days to pay, check ToS.
     
  18. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    It’s not about the payout. They won’t confirm the final sale price and couldn’t confirm via email or phone.
     
  19. Orichjay

    Orichjay New Member

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    I hope godaddy resolves your issue on time. Waiting for @Joe Styler to address possible cause of the delay
     
  20. carob

    carob Top Member VIP ★★★★★★★★★★

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    If you list via Afternic you can set a much higher price and the listing will still appear in Godaddy searches. Above a certain pricepoint fasttransfer is not possible, ie the domain does not automatically leave your account when buyer pays.

    You can administer Afternic listings from within a Godaddy account now, this feature is technically beta but seems to work just fine.
     
  21. heartsforhemp

    heartsforhemp Established Member

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    And to help, there are budding sectors in the Hemp Industry, as I have already acquired the ones want I am gladly sharing with those who do not know the industry too well.

    Opening Sectors
    Bonding and Insurance ( Hemp Handlers and Farmers are required to carry bonding on material per their license to protect all large transactions, farms from labs that misreport CBD Content in plant matter, and large transports)

    Land Sales (Just like real estate, lots of irrigated land is highly sought after)

    Legal (There are lots of legal documents involved in the transactions, lawyertolawyer escrow, payments, contracts, Proof of Life)

    Branding (well you know this just comes with the territory)

    Procurement (large companies pay procurement specialists to procure hemp products)

    Licensing (Various states need assistance in the licensing sector, seasoned specialists are needed to assist farms in licensing permits)

    Tolling (Tolling is the process of procuring hemp, and doing a split with a lab on end use product i.e distillate, CBD Isolate, Crude Oil)

    Ancillary Equipment ( labs materials used to process hemp)

    Nutrients & Fertilizers (it's in the name :))

    Transportation & Logistics (it's in the name :))

    Genetics (hemp genetics are extremely important to this industry)

    Greenhouses (I have personally seen very large greenhouse deals occur from companies found online)

    Various Cannabinoids of Hemp (CBD is not all that hemp produces there are various other cannabinoids present that people are itching to get their hands on i.e CBC, CBG, CBN, CBDA and so forth)

    Hygiene (from basic items to beauty supply, this sector is set to boom)

    and many others any questions ever feel free to reach out.
     
  22. heartsforhemp

    heartsforhemp Established Member

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    GLOBALHEMPSOCIETY.COM
     
  23. heartsforhemp

    heartsforhemp Established Member

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    I priced it at this price point as I am aware of some Global groups that are very well invested into hemp. That's also why I purchased it in first place. I have now all my domains listed at extremely high value until this is sorted. In addition I wanted all of our hemp domains to hold value and dumping them at low rates to just get paid isn't going to help us maximize our profit in the long run.
     
  24. Paul Nicks

    Paul Nicks Member GoDaddy Staff PRO VIP ★★★★★★★★★★

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    Team will arrive in the office soon and will discuss with them. I strongly caution against spending any money from a sale before it is actually in your account, this is a large sale and will go through more scrutiny than smaller sales do, so the payout timeline will be longer. I sincerely hope this sale processes smoothly and both buyer and seller are happy with the result, but it is not a done deal yet.
     
  25. heartsforhemp

    heartsforhemp Established Member

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    Its been since the 30th, not exactly 7 days, but surely after asking for information, the 72 hrs they promise has been passed.
     

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