Warning

[frank-germany]

it looks to me like here are members who may try this trick:

get you into a deal
and then after its locked in
like agreed in escrow
or SOLD here

after getting you down as much as possible

then do not pay
and as the domain is locked for them

simply wait for the development of the ( chinese ) market

and later if market goes up
may eventually pay you then
and if not
they may simply just disapear



same happens at sedo

 

[iowadawg]

Domainers with problems.
That they think is unique to domains.
But the problems are not.

 

[Dominic Belley]

.. and did I mention
I have agreed to an escrow deal

I have no clue how to get rid of that

will I have to pay the escrow fees?
--- if he simply doesn't pay and disappears
no problem.

That happened to me a few times in the past.

I contacted Escrow by email asking to cancel a transaction, with all the necessary transaction # and other information.
If no payment has been made, they will instantly cancel the transaction. No fees to pay for nobody.

 

[DU]

.. and did I mention
I have agreed to an escrow deal

I have no clue how to get rid of that

will I have to pay the escrow fees?
--- if he simply doesn't pay and disappears

Did you ever think to read the terms of the service you were using? The answers are likely to be there. At escrow.com, for example, you can cancel as long as they haven't received funds (but don't do it too soon or you'll be getting your very own warning thread here these days). If the funds are received you've sold the name so ...?

As a rule with cashflow spending on a non-settled basis is a financial risk. With exceptions, you shouldn't do it unless you have some capital you can leverage in emergencies. I'm not sure what the warning is here - that some people don't pay in a timely fashion?

 

[Joe Styler]

when selling a domain same applies

sedo just want their commission paid by buyer

godaddy told me they will bann the user
but I think they won't

Oh we will! And thanks for bringing this up. I was wondering if it was happening. If you use our auctions you have a time period where payment must be made and you can contact support for help if the buyer doesn't pay in time. If you are using another venue like NamePros I would also put in a time limit on the price you offer. It is a good habit to get into on any sale.

 

[DU]

Oh we will! And thanks for bringing this up. I was wondering if it was happening. If you use our auctions you have a time period where payment must be made and you can contact support for help if the buyer doesn't pay in time. If you are using another venue like NamePros I would also put in a time limit on the price you offer. It is a good habit to get into on any sale.

I would say it's not really a good habit but something that is required But please keep hammering that point home until people get it.

It solves most of the "warning" posts and questions of morals/ethics because it's a defining parameter. Every transaction should have an understanding of a Price, a Time, a Method, and a Confirmation/Close at minimum. The stuff GoDaddy / Escrow.com / Sedo has by default (some better than others).

 

[Joe Styler]

Domainers with problems.
That they think is unique to domains.
But the problems are not.

You're right. I know a guy who was a real estate agent who would put down an offer on a house with a 30 day out and then he had the house locked in and put it on the market for 30 days to try and flip it. If it flipped he made money and if not he paid a piddly sum and walked. Happens in many venues for people who know the loopholes but the domain industry is relatively small and in my experience you can only piss people off so long until everyone knows who you are and what you do. The most valuable thing you have is your reputation and losing it for a few bucks is beyond short sighted.

 

[Ms Domainer]

Oh we will! And thanks for bringing this up. I was wondering if it was happening. If you use our auctions you have a time period where payment must be made and you can contact support for help if the buyer doesn't pay in time. If you are using another venue like NamePros I would also put in a time limit on the price you offer. It is a good habit to get into on any sale.

The one thing Go Daddy can do is to make the auction platform more transparent AND release the name and contact details of deadbeat buyers to the seller without requiring a lawyer/legal system.

Lately, I have been having difficulties lately with malicious/revenge bidders (I believe from this very forum), and it would be helpful to know who they are.

It's time that this industry take a stand against deadbeat buyers AND sellers, and the only way we can do this is to name and shame these idiots.

 

[frank-germany]

Did you ever think to read the terms of the service you were using? The answers are likely to be there. At escrow.com, for example, you can cancel as long as they haven't received funds (but don't do it too soon or you'll be getting your very own warning thread here these days). If the funds are received you've sold the name so ...?

As a rule with cashflow spending on a non-settled basis is a financial risk. With exceptions, you shouldn't do it unless you have some capital you can leverage in emergencies. I'm not sure what the warning is here - that some people don't pay in a timely fashion?

yes my friend I read them carefully
before I did my 1.) transaction

there is no way for me as a seller to cancel a transaction, that is waiting for payment
-at least I didn't find any

@DoumB21 thanks for letting me know support will fix that

 

[frank-germany]

I would say it's not really a good habit but something that is required But please keep hammering that point home until people get it.

It solves most of the "warning" posts and questions of morals/ethics because it's a defining parameter. Every transaction should have an understanding of a Price, a Time, a Method, and a Confirmation/Close at minimum. The stuff GoDaddy / Escrow.com / Sedo has by default (some better than others).

the warning was an actual one ment for those doing trades right now

 

[frank-germany]

This is the 5th or 6th warning thread I've read in the past 24 hours on NamePros. Why are some domainers being so problematic as of late?

if there is an actual threat just going on
I really love to be warned

so I warn others
-any problems with that?

 

[DU]

yes my friend I read them carefully
before I did my 1.) transaction

there is no way for me as a seller to cancel a transaction, that is waiting for payment
-at least I didn't find any

@DoumB21 thanks for letting me know support will fix that

If Escrow.com as I can infer from your response above it's in the FAQ.

https://beta.escrow.com/support/faqs/faq-questions/how-do-buyers-or-sellers-cancel-transactions

 

[daj]

if there is an actual threat just going on
I really love to be warned

so I warn others
-any problems with that?

I'm not saying you and others who are warning others are being problematic. It just seems there's more questionable domainers as of late who don't want to handle business matters properly.

 

[NameYourself]

If you use Escrow.com and the buyer does not pay within 10 days they automatically cancel the transaction. If they don't pay in the stated time-frame, sell it to someone else.

 

[frank-germany]

the user is question is:

smalldog

https://www.namepros.com/members/smalldog.986256/


it looks to me he has disappeared already

 

[iMedia.co]

Happened to me few times. I was even mocked by few stating "its a common practice and get over it"

looks like his account is closed..

https://www.namepros.com/threads/au...uue-vlzt-com-7-years-old.867146/#post-4921798

 

[Dylan Andersen]

A few weeks back I got into a tangle here on Namepros with someone who was obviously scamming. I left a negative feedback in his trade rating (he had zero ratings so far) as a warning to the good folks in this forum, but then he turned around and left a negative feedback in my trade rating! I complained to management here and they took off both ratings and told me that since the transaction hadn't been completed, no one should have left a negative rating.

I guess we need a better warning system on Namepros, so we can look out for each other.

 

[deez007]

Geeez, this was something I wasn't even aware off. Thanks OP for the heads up.

 

[frank-germany]

A few weeks back I got into a tangle here on Namepros with someone who was obviously scamming. I left a negative feedback in his trade rating (he had zero ratings so far) as a warning to the good folks in this forum, but then he turned around and left a negative feedback in my trade rating! I complained to management here and they took off both ratings and told me that since the transaction hadn't been completed, no one should have left a negative rating.

I guess we need a better warning system on Namepros, so we can look out for each other.

talk to @eric-lyon

 

[Dylan Andersen]

talk to @eric-lyon

That's who I spoke with.

 

[Ms Domainer]

Happened to me few times. I was even mocked by few stating "its a common practice and get over it"

looks like his account is closed..

https://www.namepros.com/threads/au...uue-vlzt-com-7-years-old.867146/#post-4921798

Favorite words on this forum:

Get over it

and​

Move On​