Dominion.Domains

Should seller of a brandable disclose if it's been offered to BB, BP etc?

Discussion in 'General Domain Discussion' started by JanO, Jun 12, 2018.

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300

  1. JanO

    JanO This advertising space is for sale Gold Account Blue Account

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    Hi fellow nP-ers,

    I recently bought a brandable domain here and found out it had been offered to (and rejected by) Brandpa, BrandBucket and Namerific. It's not the end of the world and I won't miss a nights sleep over it but it raised the question: should a seller disclose that fact whilst offering a domain for sale or is it the sole responsibility of the buyer to ask before buying? Curious about your opinions.
     
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  2. MS-Domains

    MS-Domains Upgraded Member Gold Account

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    You should ask, imo.

    Not many would voluntarily devaluate their domains by revealing they were rejected by one or more venue.

    If you ask, then yes absolutely, one should come clean.

    In some cases, domains rejected by those venues sell for good money. I've seen some cases in the sales report here.

    So good luck. Hope it sells
     
  3. Joe Nichols

    Joe Nichols My name is Joe and I am Canadian! VIP

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    Fully agree with this.
     
  4. DNWon

    DNWon eCommerce Branding Specialist Gold Account VIP

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    No
    Yes

    If it matters to you, ask, if not, don't ask! It's part of a buyers due diligence as there are too many brandable marketplaces for a seller to list if the domain has been rejected or not.
     
  5. hookbox

    hookbox Active Member VIP

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    If the buyer has plans to put it on one of these marketplaces but fails to ask the seller if it's ever been submitted then it's 100% the fault of the buyer.
     
  6. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    You can ask if your intention is to list on one of those sites.
    Otherwise it doesn't matter. But I hope you don't use rejection as a purchase criterion, it would be nearly as pointless as relying on an automated appraisal. Back in the day, BB used to approve unregistered domains - some people were gaming their system.

    Something else to consider: the seller may not be the first owner. Thus, he cannot tell you what the previous holder did or attempted to do with the name, because he doesn't know the full history.
     
  7. JanO

    JanO This advertising space is for sale Gold Account Blue Account

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    Their opinion isn't a purchase criteria; I buy it because I think it's brandable. But the most obvious, easiest route (for me and I think for many) to sell the domain for big bucks is those marketplaces.
     
  8. w3names

    w3names Established Member

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    I agree with @hookbox that the seller doesn't need to disclose a rejection, unless asked by a buyer.
     
  9. Bannen

    Bannen Don't say Huh? too much; pretend you understand. VIP ★★★★★★★★★★

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    I don't know about other venues, but at BB you can do a 'dry run' - if I'm considering buying someone's domain (or backordering an expiring domain) specifically for the purpose of submitting it to BB, I'll add the domain on the add page, then click the Next button; then it will tell you if that domain has been previously rejected by them. If there's no notice, then it hasn't been submitted before.

    Then I just hit the Back button (rather than the Submit) and delete the fields to blank again. I don't know if that works on the other venues but I do it often at BB :)
     
  10. urlurl

    urlurl Active Member VIP

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    110% the buyers responsibility, unless you specifically asked for approved or accepted names from those marketplaces,

    as a side note: those marketplaces do tend to change their mind from time to time. so, maybe in the future they may accept the name.
     
  11. mr-x

    mr-x Acme Domains Gold Account VIP ★★★★★★★★★★

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    Wow.. 100% agreement in a thread. Someone close it.
     
  12. anantj

    anantj Active Member VIP

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    They still do :)
    It costs a buck now though but you can get unregistered domains "appraised" by BB!
     
  13. nitg16

    nitg16 Established Member

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    I always ask sellers about BB/BP rejection and all of them have been honest so far.

    Just like any other product, you need to do your due diligence. Caveat emptor.
     
  14. golan

    golan Leo.Domains Gold Account VIP

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    ^^ Two very good points, i was gonna say these myself.
     

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