NameSilo

Report endusers backing out of committed deal! - Version 2.0

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Should purchasers who back out of a deal be publicly shamed?

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  • This poll is still running and the standings may change.

MapleDots

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People generally don't respond well to threats, so that's not surprising.

I've had deals close after 6 months of radio silence, many times I came close to sending a strongly worded email. Based on this experience I like to leave the door open, even if it appears to be a dead end.

You have 0% chance of a closing a deal that you kill with words.

You do have a point - I have closed deals after much time of silence as well. That is why this issue is difficult to discuss and resolve. Perhaps there is no solution or its up to the individual domain investor. @wot has sold over 1000 domains. I've sold quite a number myself, not 1000, BUT, I have sold domains and transferred them after getting paid within minutes as well as months. There are only a couple-few who have harassed me to the point where I would want to report them somehow, however. Ugh. Thanks for your reply - its perspective on this issue..
 
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I have named and shamed a number "buyers" over the years, I have no hesitation in doing so.

I do however tell them what I am going to do and where I will be posting and give them the opportunity to give me good reason why I should not do it. And no, not once did I get a response.

I do think giving people time and then full-disclosure notice is good. Its complete transparency and it gives them the ability to rebutt before anything is posted.
 
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I have sold more than 1000 domain names so perhaps I am doing something right.

I'm not questioning your experience. How you deal with non-payers is your business. I'm just sharing my thoughts on the matter. For me it's counter intuitive to send a threatening email if the desired effect is to get the deal over the line. Like I said, people generally don't respond well to threats and that's down to human nature.
 
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I'm not questioning your experience. How you deal with non-payers is your business. I'm just sharing my thoughts on the matter. For me it's counter intuitive to send a threatening email if the desired effect is to get the deal over the line. Like I said, people generally don't respond well to threats and that's down to human nature.
The "deals" are those where price has been negotiated and agreed, invariably at Sedo where "buyers" are contractually obliged and then not completed and no way in this world are they coming back to do a deal again. I do not a problem warning others of these type of people, and as I said it is not as if they are not given a chance to explain before name and shame is actioned.
 
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I would say in my case 2 or 3 out of 10 end-users back out of deals after promising to buy. Yes, it is frustrating, but I don't think any body should be exposed for this. I just move on to the next potential buyer.
 
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I understand we sellers maybe upset whenever it happens, however, IMHO doing so may do more harm to the industry - we can handle it professionally and take a long-term perspective, it'll be better for all of us. All the best in 2019.
 
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