NameSilo

Slimy tactics. I Don't find this acceptable. Don't try and sell domains you do not own!!!!!!!!!!!!!!

Labeled as opinion in Domain Buying and Selling Discussion, started by imadoer, Feb 21, 2020

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671

  1. imadoer

    imadoer Top Member PRO VIP

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    I had a domain expiring So I reached out to a enduser a few days ago to see if he wants to buy it. We make a agreement. Some domainer must have seen it in the expired list and reached out to the same enduser to sell it. I get a email from the enduser below ask me to explain this email below. Could this have ruined my deal maybe maybe not. Its the point. People should wait until they actually own it before trying to sell it.

    Hi there,
    I own the domain name "%$^&*I was planning on using the #$%^&* for a project, but my plans have changed recently. I’m wondering if you would be interested in acquiring this domain name.

    Please, sir, let us know.



    Thanks and best regards,

    Jullian Allen

    To Jullian Allen I will figure out who you are!

    IF YOU DONT OWN A DOMAIN AND DONT HAVE PERMISSION TO SELL IT DONT TRY THIS IS SLIMY TACTICS. I WILL POST THE PERSONS EMAIL SOON
     
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  2. Mary Muse

    Mary Muse Premium Digital Assets VIP

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    The best is getting emails from someone trying to sell your own domains lol
     
  3. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    Front running goes on everywhere and there is no way to regulate it or stop it.

    The best know to have email accounts only for that and change once every 2 to 4 weeks, their payment account if it's Paypal is a second account not related to their real name/real business. Use a throwaway phone number and made up address or p.o. box.

    It's not just people in domaining, I remember years ago being on webmaster forums and hacker forums, where people looked at Sedo and thought they could just look at the buy it now prices and start smiling and dialing. Now some of those fools did not realize not all Sedo listings are right. They may be old so they get a buyer, go to Sedo to buy the name to deliver it and Sedo makes them wait for over 2 weeks and then says, "Sorry we cannot get seller to respond"

    But there are front runners everywhere, one person told me years ago, they bet every name on NameJet was emailed to potential end users by at least 100 different people.
     
  4. Ostrados

    Ostrados Entrepreneur VIP

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    Sadly this practice is now encouraged and promoted as brokerage in another thread
     
  5. Samer

    Samer Top Contributor VIP

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    Sad, the worst thing

    2015, someone NP auction closed $2000 bid, not realizing, owner name not met his reserve. (listed as no reserve i believe)

    In end broker looked like a fool, when owner refused to give permission to transfer highly valuable name final bid $2k. Ouch!

    Today that broker is banned from selling on NP

    There amazing brokers, hear news everyday; then there ones ruin for everyone no morals;
    similar to cybersquatters; i think brokers get worse reputation than domainers, hardly fair!.

    Samer
     
    Last edited: Feb 21, 2020
  6. Mister Funsky

    Mister Funsky Top Contributor VIP

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    I encountered a related/similar situation today. I've got a name that is decent, picked up on auction about a year ago, and I regularly get low ball offers. One of the more realistic offers has come from someone that I've been interacting with for over a month...today he sent an email in which he expressed his displeasure at my selling the name without giving him a heads up (something I said I would do because I actually liked his business approach and professionalism). He also said he knew the name was worth more than I was asking in a retail sense but he was blown away the new buyer had already more than doubled the price and didn't hesitate telling him he would not budge...take it or leave it.

    The bottom line is he (buyer) just entered the name in the browser (missing something like the 'dot') and he saw a link (search results) and didn't think about what happened and clicked it. He stumbled upon the previous owners site where the name is STILL listed for sale. After doing some spot checking, it looks like as much as a fourth of the thousands of names (many quite good) had been allowed to go to auction over the last few years and were picked up by other domainers before they dropped. It seems he is more than willing to take payment for a name and then buy it from the new owner and do some kind of song and dance and play a middle man to deliver the name. I don't know the details of the process, but I inquired about my name (his former name) and was quoted 12,000 for it...the name I have priced at 4,500...pretty good spread.

    Although the average sales price of his domains is about 17,000 per, most that he still owns are available on a discount market place for about 800. This is someone that has been in the game about 2 decades. Not sure if/how I am going to blow his cover...I guess it will depend on how he responds (or not) to the email I will compose and send tomorrow once I get some sleep. How the mighty have fallen.
     
    Last edited: Feb 22, 2020
  7. Pay.My.id

    Pay.My.id Established Member

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    Definitely agree with you. In some situation , broker should to have permission from the owner
     

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