Seller Not Responding. What To Do?

[sashas]

I'm currently in a deal for a name. Seller and I sent mails back and forth for quite a while before we agreed upon a price.
We decided to do the transaction via Escrow, and I paid Escrow the agreed price on Friday.

Now ever since Friday, since I made the payment, the seller hasn't responded to my emails, and somehow, the name has also been listed at Sedo now (which it wasn't before). I've tried calling the seller, but the number listed in the Whois does not belong to him (some secretary for some other company picks up the phone, always).

What should I do in this scenario? I have a high xxxx amount stuck in Escrow, and the seller is just not responding. My money is safe, of course, but this was a name I didn't want to lose.

Can I do anything about it, since the seller did agree to the terms of the deal, as well as to the Escrow.com agreement?

 

[tetrapak]

I'm glad it worked out for you. I was in the same situation with Americas.com, agreed on the price (20k), opened Escrow.com, was ready to submit the payment when he cancelled it, saying he got a higher offer. I used the same bluff tactics, but in my case it didnt work out. C'est la vie!

 

[Giode]

Congrats Sashas! Persistence pays off. Spade knows his stuff.

 

[sashas]

Thanks Giode..should have the name in my account by tomorrow

 

[Spade]

Thanks Giode..should have the name in my account by tomorrow

Eager to find out what the domain was! Congrats.

 

[Name Trader]

Losing the escrow fees and the wire transfer fees is not the issue for me..its the fact that: one, I'm losing a good deal, and two, I'm losing other good deals because I don't have the ready cash with my funds stuck in Escrow. I'd planned to make a quick flip of this name, but now it seems quite unlikely.

Well done sashas. You know. If it's too good to be true. It probably is. At least that's what's ringing in my head right now.

 

[bricio]

congrats sashas
very nice to know you will have the name :tu:

 

[dezinerite]

Interesting turn of events for you there! :D

 

[npcomplete]

Thanks Giode..should have the name in my account by tomorrow

Sashas,

How about an update? A lot of us were tracking this thread and hoping for positive results on your end. Any word yet, and what was the domain, if you care to share that info?

Marc

 

[sashas]

Update:

Got the name in my account today.
For those of you wanting to know, the name was J7 (dot) com.

Thanks again for all the support guys. I really appreciate it.

 

[npcomplete]

Update:

Got the name in my account today.
For those of you wanting to know, the name was J7 (dot) com.

Thanks again for all the support guys. I really appreciate it.

Congrats Sashas!!! I think we all learned a few lessons here about persistence.

Best wishes in the next J7 sale (i.e., your flip of a good catch)!
Marc

 

[sashas]

Congrats Sashas!!! I think we all learned a few lessons here about persistence.

Best wishes in the next J7 sale (i.e., your flip of a good catch)!
Marc

Thanks Marc. Hopefully I'll be able to do a quick flip (already have 3 names to purchase in the pipeline!)
Yup, I learned a few very important things with this. I'm still new at domaining, been here just 5 months. But over the past two weeks, I learned a lot about buying names - negotiation tactics, the tone and attitude you should adopt, persistence.

One tip: get an email tracker like Readnotify.com. Trust me, it is one of the most powerful tools you can get

 

[bricio]

hey sashas congrats for the name
it was interesting for us to watch all of this because many things were learnt here but it was surely difficult for you

BTW, what a great tool readnotify.com is!!!

very good news :tu:
good luck with your name

 

[sashas]

readnotify.com is really a powerful, cheap tool - just $4/month. Thanks to DNQuest for introducing it to me.

 

[dezinerite]

Any chance of a one-time payment on that tool (readnotify)?

Congrats on your purchase BTW, great name!

 

[sashas]

I believe they have an yearly subscription plan too..