Trader Rating Question

[CenterPoint]

I am curious as to what the thoughts are to using trader for NP$ Exchanges.

I personally feel that Trader ratings should only be given for the sale of domains or goods and services. They should not be used when a member purchase's NP$ especially when the transaction is through the Exchange(Bank)

My reasoning is that it degrades the value of the trader rating. You can have a Positive (20) rating and never have sold a domain, product or service.

Any thoughts on this

 

[RJ]

That's a good point. I'm interested in hearing other feedback on this.

 

[Jeff]

Devil's advocate ... I believe that Namepros Buyer/Seller *ratings* SHOULD be left with regard to NP$ transactions, at this time. Here's why ... they are bona-fide transactions due to the fact that NP$'s have a ready "market" for real money in the "NP$ Exchange". And, perhaps more importantly (again at this time) ... the Rating system here at Namepros is evolving still after a relatively recent launch. It is not always easy to inspire folks to reflect ratings after each and every transaction, the overwhelming massive majority being MOST "positive".
However, I can see the issue that CP addresses here (but I think now re-reading it he may only be discussing the actual exchange of NP$'s (bank), not buys/sells utilizing NP$'s), insofar as the potential for dilution, or degradation. So, perhaps during this evolution we should either create a secondary Rating category for NP$ transactions, or place a dollar (and equivalent NP$) "mininimum" amount to posted Ratings ... but still encouraging folks to leave them as part of the integral features built in to some of the new enhancements/additons.
My two (and hope it makes) sense, anyway.

 

[SlashRoot.Com]

I am with CP here, 100%

Trader ratings should reflect real products/services related buy/sale activities.

Over time, trader rating it is likely to give a good indication on how good/active a trader actually trades around here. Kind of like how eBay does. There, you can't rate anyone unless you have had a recent real transaction with that person.

We could possibly have an NP'er here who (in theory) could have posted 5000 posts, piled up say 10000NP$ and may indeed have a hundred NP$ transactions, but may only a few of real domain/website transactions. If NP$ transactions were going to cloud the real transactions, it would be difficult to judge from the trader ratings who is an active domainer and who is an active poster.

I would say (sorry CH) keep trader rating limited to real trades.

 

[RJ]

I've heard a few different opinions about this. Please answer if you can which of the following transactions the trader ratings should/should not be applicable to.

Domain Name Is Sold For Cash

Domain Name Traded For Domain Name

Domain Name Sold For NP$

NP$ Sold For Cash

Non-Domain Related Service Sold for Cash

Non-Domain Related Service Sold for NP$

 

[Jeff]

I hear 'ya!
Hypothetical: Had someone purchased my recent domains in the NP$ Forum (sadly, they did not ) for 8,500 NP$'s, do you think that Buyer/Seller *ratings* should have not been left in the respective User's profiles? Would that be considered a "real" trade? :o
This discussion is really useful and beneficial, IMHO.

Grrr ... sorry, RJ. I always seem to post too slow and you sneak in there before me.

 

[Matt]

Cp, I agree with your comments to a point, however, I think it is a good thing to have. I have traded NP$ for cash, twice now I think, and granted, I have no control over the process, with the exception i have to confirm receipt of money before the NP$ are released.

However, this is REAL cash someone has used and sent to me. Maybe they can select out of 3 or 4 options WHAT the rating is for, rather than a "general"rating.

i.e.

Website Development
Domain for cash
Domain for NP$

...or whatever. That way, you have the "activeness" perspective, and its indicitive of whate the service is for. I think personally, if there is "ANY" type of trade between two members, it dhould be reflected.

To me, the issue lies in the "Generalness" of the rating.

Matt

 

[SlashRoot.Com]

Trader rating should be used for, IMHO, the following:

Domain Name Is Sold For Cash

Domain Name Traded For Domain Name

Domain Name Sold For NP$

Non-Domain Related Service Sold for Cash

Non-Domain Related Service Sold for NP$

It should not be used for transactions involving NP$ and cash.

 

[Coastalguy]

Let's be honest. Selling for real cash is far more difficult than transactions done with NP$. When I see a NPer's trader rating of 6, I assume that this person has received 6 ratings on names/services sold or bought with real cash. We have to be careful here. Do we want to receive positive ratings for an excellent lead or a tip on a drop? I like to see it reflect items/services sold or bought with cash. That way when I see a person with a +28 rating I know that is someone who's brain I would like to pick!

Just little old me throwing out some food for thought. Looking forward to other opinions.

GREAT TOPIC CENTERPOINT!


ST

 

[Matt]

I dont think it matters. If u see someone with a trader rating of 28, and there all specifying "NP$ domain bought" then you will ask questions about him when / if he has a good domain for sale for real $$$.

Doesnt mean he shouldnt be rated imo. For those that are looking for domains for NP$ then it shows he's active, and good, and they have no qualms dealing with him.

All it would take is an additional drop down box with "options" like i mentioned above, and the issue is resolvved (If there is one ofc)

 

[Jeff]

Originally posted by SlashRoot.Com
... It should not be used for transactions involving NP$ and cash.

Would you have a "dollar level" where you would consider that Trading rating status be left under such a scenario? For instance, if I were to purchase all of Nascar's NP$'s (not that he's even selling them) ... could you see that as being as viable (for these pruposes) as, say, a $75 purchase in the Sales threads for a domain name?
Good stuff.

 

[SlashRoot.Com]

Originally posted by SY4

All it would take is an additional drop down box with "options" like i mentioned above, and the issue is resolvved (If there is one ofc)

True, if NP$ transactions are rated/displayed seperately, I can live with that.

Originally posted by Coolhost.Com

Would you have a "dollar level" where you would consider that Trading rating status be left under such a scenario? For instance, if I were to purchase all of Nascar's NP$'s (not that he's even selling them) ... could you see that as being as viable (for these pruposes) as, say, a $75 purchase in the Sales threads for a domain name?
Good stuff.

Good Point. I think the issue here is avoiding "dilution" of the Trader rating index-so to speak -by trivial transactions. To me, NP$<->Cash transactions are like asking someone: Can you break a $20 for me? If some nice fella exchanges my $20 bill for some other currency bills ( two $10 bills, a bunch of NP$ or Euros) it ain't a transaction worthy of being noted in my/his Trader Rating. JMHO.

However, if the NP$ are rated seperately, (another option in the drop down box as SY4 has suggested), this would not be an issue, IMHO.

 

[Jeff]

Bingo!
We've got some good, creative minds here at Namepros.
Thanks for all input.

 

[CenterPoint]

Originally posted by -RJ-
I've heard a few different opinions about this. Please answer if you can which of the following transactions the trader ratings should/should not be applicable to.

Domain Name Is Sold For Cash

Domain Name Traded For Domain Name

Domain Name Sold For NP$

NP$ Sold For Cash

Non-Domain Related Service Sold for Cash

Non-Domain Related Service Sold for NP$

I beleive that the the only time trader ratings should not be used is for

NP$ Sold For Cash or vice versa

 

[SlashRoot.Com]

Man, you are fast. I had not even corrected typo's in my post and you sneaked in your reply to it. You are real good at rapid posting, CH!

How much (in NP$) for that BBSBot chip implant, again?

 

[RJ]

Originally posted by SlashRoot.Com
Good Point. I think the issue here is avoiding "dilution" of the rader rating index-so to speak -by trivial transactions. To me, NP$<->Cash trnsactions are like asking someone: Can you break a $20 for me? If some nice fella exchanges my $20 bill for some other currency bills ( two $10 bills, a bunch of NP$ or Euros) it ain't a transaction worthy of being noted in someone's Trader rating. JMHO.

This is true, and I tend to agree with this.

The NP Exchange as it's setup uses an escrow system that makes it near impossible to have a bad transaction with someone.

Since there is not an actual exchange of product or services in these transactions, I could see a good reason to exclude these from trader ratings.

 

[CenterPoint]

I totally agree with -RJ- and SlashRoot.

If I buy NP$ from the bank or from CH ( before he was POOR) I will use Cash to do this.

Using NP$ to purchase Domains/Services IMO is the same as using cash.

What prompted my original post was a couple of recent Exchange Purchases of NP$ that also received Trader ratings.

http://www.namepros.com/showthread.php?s=&threadid=5794

Sorry SY4

 

[Jeff]

Originally posted by CenterPoint
I totally agree with -RJ- and SlashRoot.

If I buy NP$ from the bank or from CH ( before he was POOR) I will use Cash to do this.

Using NP$ to purchase Domains/Services IMO is the same as using cash.

What prompted my original post was a couple of recent Exchange Purchases of NP$ that also received Trader ratings.

http://www.namepros.com/showthread.php?s=&threadid=5794

Sorry SY4

Righto! The system is growing and evolving ... so this is good timing.
I would offer that there might be a "dollar level" in which the exchange for Cash for NP$'s (or NP$'s for Cash) may be as relevant for Trader Rating status as say versus a smaller sale/buy of a domain name or service. There may be a "threshhold" here, in my view ... rather than exclusion or elimination. Perhaps. :o

:notme:

 

[RJ]

I thought of a reverse situation, and this has happened to me before.

A member accepts my offer to sell NP$ on the NP Exchange, but fails to send the cash. My NP$ are stuck in escrow until the bozo decides he's not going to complete the transaction and cancels the transaction himself or I notify an admin to cancel the transaction.

Should that earn the 'phantom buyer' a negative trader feedback? Why or why not?

 

[Jeff]

Negative status, because if he/she bailed on you for NP$'s, then it's possible (read, likely) that he/she could bail on someone else (or you again) in a similarly "real" transaction ... that's why I think the transactions for NP$'s are worthy as well. goes to pattern, consistencies IMHO.