.tv TV Sellers HIDING premium prices from potential buyers

[GoneWalkabout]

Looking at the list of .TV names available for sale at the various auction sites it seems that almost all descriptions are missing a vital ingredient in their descriptions - the PREMIUM price.

If an unwitting buyer ended up buying a name and then coming to renewal discovered they had to pay $3000 instead of the normal 'regular' fee (roughly $29.99 these days) would they have any legal recourse.

In other words, could they come back to the seller at a later date and pursue them for the premium - or damages - or similar.

Could an individual also take enom to court for not making the 'premium' price information available on their website. Yet at the same time, gladly allowing an aftermarket on premiums.

Yes, I know info on premiums is available on Ahead, but that is a private site and not 100% accurate.

I just worry about some poor newbie buying something like Manchester.tv on SEDO and then discovering they had to pay $3000 a year.

Why do ENom NOT supply Premium information?

Why do SEDO and the like not insist that ALL Premium information is CLEARLY made available in the description?

and

Why do we sit around letting one or two 'domainers' potentially ruin the good image of our beloved .TV extension by their omissions of fact?

I would appreciate any thoughts and opinions...



NOTE: This is certainly not a dig at .TV but an area which I feel needs a lot of clarification if the .TV brand is to continue its already successful rise to true global acceptance as the 'visual media extension'.

 

[mckennaronnie]

I have noticed the same thing Jimbo, a large % of the Sedo listings have no premium renewal fee listed.
Sedo does put in a not saying "Important Notice:
Certain .tv domains considered premium by the registry are subject to registry renewal fees that can be higher than the typical fee. Registry regulations require premium .tv domains to remain only at Enom."[/I]

I think any domainer that deliberately does not list the renewal fee should be ashamed of themselves

Using Ahead.TV is not the ideal solution so yes Enom should have some tool to check premium renewals easily.

 

[.tv]

Yep, Noticed this. Seychelles and a few other .TV name listings contain no information about the renewals.

Definitely not a nice move... :td:

 

[mckennaronnie]

Owner of Seychelles should no better as he owns many top .tv's, he is no novice domainer.

I hate to see this.

 

[CarryOn]

I agree - there should be a reliable and professional system in place to confirm annual premium renewal fees. This issue has been discussed/debated many times before, especially last summer after the May 1st premium relaunch. Here is my 2 cents:

Verisign is certainly entitled to operate the .tv registry as they see fit. They've chosen to create a premium renewal system for certain names, in place of an auction method like other registries releasing new premium names. For the most part I don't have a problem with their choice - as many have said none of us would have had a crack at such quality names.

But with their decision, IMO, it is vital that they create a transparent method of checking whether a name is classified as "premium", and if so, what is the annual fee.

One of the stumbling blocks discussed was the fact that some owners of premium names did not want their renewal fees made public information.

However, for a marketplace to survive and thrive it requires transparency. Confusion breeds contempt, especially in the aftermarket.

One solution would be for verisign to implement a system which:

1. Allows anyone to check whether or not a domain is classified as “Premium” (without automatic display of annual renewal fee)
2. Allows Premium domain holders to opt in/opt out (toggle on/off) whether to display the renewal fee

Implementation would:
1. Provide credible information from the domain registry (Comfort to all actors)
2. Keep premium renewal fees private for those who want them private
3. Provide all participants a place to confirm whether a name is/is not classified as “premium”
4. Provide an easy method for premium domain holders to toggle on the renewal fee information
5. Most importantly – buyers/end users can confirm that a name is “premium” and request the renewal fee info from the seller. (and the seller can’t hide behind I didn’t know, or since the buyer didn’t ask I didn’t say, etc.)

Transparency implemented. Market thrives. Carry On .TV

 

[.tv]

Owner of Seychelles should no better as he owns many top .tv's, he is no novice domainer.

I hate to see this.

Have a look at:

http://simplygeo.net/index.php?topic=442.0

http://simplygeo.net/index.php?topic=443.0

He mentioned about the premium fees in his posts, but not in his Sedo listings. :td:

 

[mckennaronnie]

Have a look at:

http://simplygeo.net/index.php?topic=442.0

http://simplygeo.net/index.php?topic=443.0

He mentioned about the premium fees in his posts, but not in his Sedo listings. :td:

Yes & he did mention the renewal fee when he Emailed me & another well known Geo buyer last week while trying to get a bid on those names.

I hope its just a mistake from Brett as he is normally a top guy.

Edit: Just read his full simplygeo post and it looks like i have upset him If he is upset then fine, i still think all buyers should state the renewal fee but mistakes WILL happen.
If it means its another domainer off my Xmas card list then i'll survive, i've saved another 26p on a stamp! :hehe:

Oh and Brett: I never asked you to jutify yourself to me.
Never said you done anything seriously wrong, never had a go at you.

Ronnie

 

[TLDnetworks]

That is a required field when listing at Unload.TV.

 

[GoneWalkabout]

This isn't about ONE person - so I for one would appreciate us not picking up on any single individual ...

...its about changing a system that allows people to buy something that potentially has a whoppingly massive hidden price. That change should not fall down just to the individual but to the organisations that create the problem in the first place

ENOM - whose lack of transparency may ultimately result in potential legal problems further down the line.

SEDO - who let the problem become the responsibility of the buyer - even though they know there is no way of that buyer knowing anything about a premium until renewal time.

If this is not checked it will cause bIG problems for .TV.

 

[jeffoverman]

i agree with ronnie and jimbo completly and others..

this is getting old sellers...we are all trying to make .tv take off and this is a slap in the face for all of us...

we form these threads, get frustrated again....sellers remember to put the yearly fee on name...its not that hard to forget..

i dont know this fellow and his remarks to ronnie on simplygeo are uncalled for....i am glad he got banned out of here-for the best and i dont care how many nice names he owns...

just my 2 cents...

j

 

[Len]

We all talk about transparency from Enom but the transparency needs to come from the seller as the are the one's profiting from the re-sale of the domain. If the domain dropped and went back into the enom premium pool then the buyer would know exactly what the premium will be when they buy direct from enom.
I am not defending the fact that a buyer cannot check the renewal fee with enom but IMO they should not have to, it should be something the seller is responsible to disclose.

 

[jeffoverman]

i agree with you len on checking....now we all know how to and .tv domainers but end users wont and i am willing say 90 percent of them dont even they exist..

1. sellers looking .tv look back
2. enom and verisign
3. auction houses can easily do something to put in price

price
yearly fee
expiration date would be a nice feature too

its not just one variable

 

[MicroGuy]

The problem is that enom could care less about this issue. I think the entire .TV thing has become a thorn in Demand Media's side.

Yep, Noticed this. Seychelles and a few other .TV name listings contain no information about the renewals.

Definitely not a nice move... :td:

Speaking of Seychelles, didn't they just increase their ccTLD renewal fees by something like 100 percent?

 

[equity78]

You are correct Greg .sc raised their price.

This issue is important to .tv I agree 100 %.

Verisign never made it available on www.tv when it was just them.

Enom did have it for a few months and I believe many people who had names who are not sellers, complained that it was a violation of their privacy. No one had a right to know they got ***.tv for $50 renewal or $200 renewal.

The thinking was it was the sellers responsibility since they the one benefitting.