Unstoppable Domains โ€” Expired Auctions

"Yes I'll take it"...then radio silence...

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LucidDomains

LucidDomains.comTop Member
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You email a buyer about a domain and they say yes they'll take it.
They say CC/Paypal is preferred. You tell them you use escrow only.
They then go radio silent to the next few emails over the course of the week.
Their email signature has no phone number.
You tract down an apparent telephone number for their business.
He is a CEO of a small but well-funded startup.
He seems legit, not someone who would ordinarily mess you about.
Price is good so moving on to the another buyer is not an option just yet.

What do you do?

1. Do nothing and wait.
2. Send yet another email.
3. Call the number and ask for an update.
4. Something else..
 
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I would not send another email this soon if you have already sent a few. You have to consider that it could be as simple as he has went on holiday and will deal with the email on his return.
 
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I personally really hate the "follow up" practice. Almost never do so. But in the case like yours, i would definitely send a follow up email in a few days. Or maybe even call.

There might be all kinds of situations... I had one buyer disappeared for a couple of months, and i decided to wait because i could not get any better offer for that domain than his one. Then in two months he just reappeared suddenly, asked if the deal is still on, and paid immediately.
 
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Just wait and be patient.

I know it's hard, but look at it from the other person's point of view. Unless the buyer suddenly got amnesia, he (or she) won't just forget about the deal, and it's far more likely that a bigger problem came up at work, there was a family emergency, vacation, etc. and he will contact you later. The buyer (a startup guy) could be out wining and dining a major investor in Singapore for all you know.

If it looks like you are harassing them with emails during a difficult or stressful time, it sends the wrong signal, quick.

Once it hits over a couple of weeks with no contact, then it's time to email and confirming (never ask, always confirm) that the deal is on.
 
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After 3 days,

"I'm giving you my direct line, call me anytime. +1 555 555 5555"

This line puts everything on your client. If they have a question that leaves them second guessing the deal, they now have your contact to clarify. It also brings down the barrier that could be stopping them from completing the deal by showing that you aren't hiding and you're willing to be transparent.
 
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I would interpret this that they donโ€™t want to use escrow and are familiar with PayPal and credit cards.
 
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Sounds like they found another name.
 
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Be patient and send a friendly follow up in a week or so. The trick here is not to come across as pushy which is an easy mistake to make. If that doesn't work, offer your phone number and say you will be more than happy to discuss or answer any concerns they might have. Don't call them out of the blue.
 
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well funded? there is no such enough for bottomless money burner pit, startup had to burn enormous sum of money in order to multiply their growth. Perhaps the CEO change his mind, looking for another stage of funding before burning money for domain name...
 
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Go on a tour. Party hard. Let the buyer think over it and come back. If not, you still have the domain and can always find another buyer.
 
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My gut says he's changed his mind, but wouldn't it be easier and courteous to say "we're no longer interested, thank you".
 
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Email them and tell them if escrow is a problem you are willing to do paypal.

He might just have thought its too much work to get verified for escrow.

If its a legit company paypal should be no problems.

Protect yourself, make a paypal invoice and make sure you mark it "full payment for domain.com"
 
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Email them and tell them if escrow is a problem you are willing to do paypal.

He might just have thought its too much work to get verified for escrow.

If its a legit company paypal should be no problems.

Protect yourself, make a paypal invoice and make sure you mark it "full payment for domain.com"

I wouldn't consider PayPal for this deal.
 
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About 3 various occasions I've had buyers go silent after agreeing on the price and tbh I'm sensing a pattern.
When they go silent I'll send multiple follow ups but still nothing sometimes it gets read and other times nada.
But my 2c is to take about 1-2week(s) before you follow up again cos they are probably busy or something else came up
The next time it happens that's what I'll be doing.
 
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Radio silence might be stalling escrow until after the memorial weekend. Give it time.
 
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Large enough for me to rule out PayPal. :xf.wink:

I have my own merchant account with my own credit card machine. If the client can put it on his card I can take it, I put no limits on it because in most cases my cost on that is between 2-3%

I have the client sign a contract stating what he is paying for and authorizing the charge to the card.
 
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I have my own merchant account with my own credit card machine. If the client can put it on his card I can take it, I put no limits on it because in most cases my cost on that is between 2-3%

I have the client sign a contract stating what he is paying for and authorizing the charge to the card.

If you make a number of sales a year it is well worth getting your own merchant account to accept visa and mastercard.

A big bonus is it's in your bank account the next day.
 
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It has nice benefits but I do not believe your own merchant account offers any more protection against charge-backs.
 
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