Unpaid Domain Auctions Legal Action Service

[everitas]

Hi,

Info for all high-ticket domain name sellers who consistently don't get paid for their auctions by the "buyers".

We specialize in bringing all auction non-payment cases to court and legally prosecute the buyers for refusing to honor the auction contract. The case (breach of contract) is filed in New York State court by one of our partner attorneys and normally settled fast after the buyer explores all costs associated with the legal litigation of this kind.

Here is how this works step-by-step:

1. We provide you with a customized "Terms of Sale" contract that you need to include into your auction (Sedo, AFternic etc.). This will serve as a basis for legal action in the event of non-payment. The contract will not violate the auction general terms and conditions.

2. After you verify the auction is not going to be paid you refer all information to us. We will need buyer's real name and address and auction details before we start the litigation. The buyer has to be a citizen of U.S.

3. One of our partner New York City law firms will take the case and work with you from this point. You will be informed about the case progress by us and by the attorney. Also, you'll be able to track the case status on NY eCourt system.

4. From our experience, most Defendants prefer to settle the case really fast. The amounts of settlements vary, but the average amount is $2,000-$3,000. The attorneys will litigate the case in the event the buyer prefers to proceed with the case in court.

5. The attorneys will make a disbursement to you from their accounts.

- The aggregate fee is 50% of the settlement.
- We don't require any upfront fees. We get paid only when you get paid.


Eligibility:
- The domain should have the price of $2,500 and above;
- The buyer should be a citizen of US; the verifiable info about the buyer should be provided;

We have successfully worked with Ebay Motors auctions to protect sellers interests. Info will be provided upon request.

Please contact me through PM to discuss details.

Igor

 

[DubDubDubDot]

Most high-ticket domains have so many bidders that even with the winning bidder removed, the 2nd and 3rd place bidders put the bidding higher than you are offering to recover (max 50% of the winning bid).

 

[everitas]

Most high-ticket domains have so many bidders that even with the winning bidder removed, the 2nd and 3rd place bidders put the bidding higher than you are offering to recover (max 50% of the winning bid).

In this scenario, you will sell domain to the 2nd place bidder and still get "breach of contract" settlement from the buyer that refused to pay.

 

[DubDubDubDot]

In this scenario, you will sell domain to the 2nd place bidder and still get "breach of contract" settlement from the buyer that refused to pay.

I could see if you were suing to force the high bid to go through, but this is going too far IMO..... and I don't think you are going to get any domainers on board with this.

 

[Domagon]

You speak of an "auction contract" and auctions ... so presumably you're claiming the seller is conducting an "auction"?

Are you sure that's what you want to state? ... because that opens a whole can of worms ... most domains sellers and related listing venues are not licensed auctioneers.

On another, but related topic, how does the seller verify the buyer's identity / location?

Many of the on-line domain listing services (eBay, Sedo, Afternic, etc) hide / restrict the buyer's personal information; often little to no verification it's truly accurate.

So I presume your service has factored in the cost of researching the parties and filing subpoena(s) for information, at minimum, from the domain listing service?

And sure hope the seller using your service realizes the alleged buyer faced with such a lawsuit can also subpoena information (potentially, including the seller's computer, listing service, their ISP, registrar, etc.) to gather pertinent details for responding to the lawsuit.

In short, simply sending out a demand letter from an attorney can often get results, but if it's esculated to a lawsuit, I'm not so sure many sellers are truly prepared / desire the consequences of that.

Bottom line, in my view, for most sellers, it's easier to move on and try selling it to someone else than resorting to litigation to enforce a sale that may not be legally enforceable to begin with.

Ron