And This is Why I Hate Buying Names on Forums

May 26 2010

I do like Namepros and DnForum. I still read them almost daily but I’ve haven’t bought or sold a name in over a year and this is a typical reason why. I get so sick of the fake or out of the blue “received a pm for X” It’s almost impossible to come to a reasonable agreement with most sellers and the ability of sellers to create their own Halverezes makes it difficult to know who you are bidding against. Sixteen thousand dollars is a lot of money to throw out and is not something I take lightly.  By no means am I saying this person is trying to lie or cheat anyone, I’m  just using it as an example.   I like this name Flob.com on Namepros but the “flow” of the for sale thread made most of the interested parties uncomfortable. He puts up a BIN and comes in with a bid higher than the BIN and raised his old BIN. Obviously it’s the sellers name to sell or not sell but the games are enough to make most “real” buyers move on. I’ve posted the thread but you can go here to view the original thread

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For Sale FLOB.COM – Perfect Web 2.0 name

Flob.com is a very catchy, easy to remember and alas would call it the perfect Web 2.0 name for any Business, Social Networking, or Entertainment site for that matter.

BIN: $16,000
Registrar: Moniker
Payment: PayPal or Escrow

Kindly PM with your offers or Post Reply on this thread.

EDIT: BIN price lowered

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Last edited by Soheil; 04-28-2010 at 01:42 AM.
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Old 04-23-2010, 03:15 AM THREAD STARTER #2 (permalink)
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Last offer $16250 received.

Take away price $17000

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Last edited by Soheil; 04-28-2010 at 01:44 AM.
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Old 04-23-2010, 03:27 AM #3 (permalink)
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Damn, I actually really like this name. To bad I’m poor. Good luck with the sell.

Also think of the possibilities! You could make it an acronym even!

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Old 04-23-2010, 08:19 AM #4 (permalink)
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You received a $16K offer but BIN in first post is $12K?
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Old 04-23-2010, 03:24 PM #5 (permalink)
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Originally Posted by Chappy View Post
You received a $16K offer but BIN in first post is $12K?

Nice catch.

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Old 04-24-2010, 01:25 AM THREAD STARTER #6 (permalink)
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Originally Posted by Chappy View Post
You received a $16K offer but BIN in first post is $12K?
Originally Posted by abc3200 View Post
Nice catch.

There is no catch – just that I did not change the first post.

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Old 04-24-2010, 02:26 AM #7 (permalink)
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Again bin is 16000 and he got offer of 16250. Now you want 17000. BIN means buy it now. That is its sold if someone offers the bin price. You should remove the bin and make it a make offer thread. Otherwise bin is useless. Btw nice name…
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Old 04-24-2010, 03:00 AM THREAD STARTER #8 (permalink)
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Originally Posted by glaxxon View Post
Again bin is 16000 and he got offer of 16250. Now you want 17000. BIN means buy it now. That is its sold if someone offers the bin price. You should remove the bin and make it a make offer thread. Otherwise bin is useless. Btw nice name…

Thank you for the suggestion and appreciate for the name. Respective changes made.

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Old 04-24-2010, 03:35 AM #9 (permalink)
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When did you receive the $16k offer?
Do you mean you don’t accept offer less than $16k?
Thanks
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Old 04-24-2010, 03:44 AM THREAD STARTER #10 (permalink)
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Originally Posted by owntype View Post
When did you receive the $16k offer?
Do you mean you don’t accept offer less than $16k?
Thanks

I’ve received the offer this week and yes I would like offers greater than 16k please. There have been offers between 15-17k received in the past. I feel a 17k is the right price to go with and hence the BIN.

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Old 04-28-2010, 01:42 AM THREAD STARTER #11 (permalink)
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BIN price lowered by a $1000
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Old 04-28-2010, 02:18 AM #12 (permalink)
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I usually don’t comment in Sales Threads but this sale makes 0 sense to me…

You should just sell for 16.25k if this was a real offer, you get 250 USD more then your BIN right now, simple math wins..

Sorry..

Btw I like this domain and don’t doubt that this domain could fetch 16k but not here at NP IMHO…

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Old 04-29-2010, 12:59 PM THREAD STARTER #13 (permalink)
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Originally Posted by Toni View Post
I usually don’t comment in Sales Threads but this sale makes 0 sense to me…

You should just sell for 16.25k if this was a real offer, you get 250 USD more then your BIN right now, simple math wins..

Sorry..

Btw I like this domain and don’t doubt that this domain could fetch 16k but not here at NP IMHO…

When the other party stops responding there’s not much I can do about it. Besides I believe allot in this forum, and am sure will get my sale sooner or later.

Cheers & Thanks

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Old 04-30-2010, 03:39 PM #14 (permalink)
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what’s the status of this domain

Has the domain been sold, if not

current bid price.

What’s your lowest you will do for the domain saves all the mucking about.

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Old 05-07-2010, 09:03 AM THREAD STARTER #15 (permalink)
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*Bump*
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3 comments

  1. Tim

    In 15 years of buying domains on the Net I have never bought a domain on a forum or from a domainer.

    If you cut out the bad odds wherever you can when buying domains your ROI will go up.

    The odds are worse when dealing with domainers so why even do it? :)

  2. Acro

    On the contrary, I’ve bought and sold hundreds of domains on forums. Each sale is different, every seller and buyer have their own following of ethical practices. Some do lack it, however. This particular sale seems to be an attempt to maximize a sale price via “shill” or “ghost” bidding. There is no point in either arguing with the seller or participating in such a sale for that matter.

  3. Leonard Britt

    I don’t buy LLLL domains but I have gotten some good deals off forums over the last few years. If you want end user prices don’t try selling your domains on forums.

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