{"id":2077,"date":"2011-12-09T10:58:55","date_gmt":"2011-12-09T15:58:55","guid":{"rendered":"http:\/\/acro.net\/blog\/?p=2077"},"modified":"2011-12-09T11:07:43","modified_gmt":"2011-12-09T16:07:43","slug":"dont-go-domain-bargaining-without-the-money","status":"publish","type":"post","link":"https:\/\/acro.net\/blog\/dont-go-domain-bargaining-without-the-money\/","title":{"rendered":"Don’t go Domain bargaining without the money!"},"content":{"rendered":"

Everyone agrees that it’s still a bad economy<\/strong><\/a> out there, with no real indication of a bounce back, particularly during an election year.<\/p>\n

This does not mean business comes to a standstill; but some practices leave me wondering what the heck is going on with some domainers.<\/p>\n

Recently, an incident where a domainer tried to flip a domain he won on NameJet<\/strong><\/a> before he’d submit payment, ended up with the winner of the auction paying for the domain ten days later.<\/p>\n

Essentially, he tried to make a profit by rushing to resell it at a higher price and having a sale committed, with which he’d then fund the purchase.<\/p>\n

That’s called hot air selling.<\/strong><\/p>\n

Then again a buyer engaged in a Sedo agreement, and when the upper $x,xxx deal was reached, failed to make payment within the 5 day timeframe. Upon my inquiry through Sedo, he said that he’d need “a couple of weeks” to form a European company through which he’d then pay for the domain.<\/p>\n

That’s called bullshit trading.<\/strong><\/p>\n

I don’t know about how everyone conducts business in domaining but in my book, this kind of behavior is unethical<\/strong> and characteristic of people with no business scruples.<\/strong><\/p>\n

When I make an offer, be it for $50 or for $50,000, I make sure I have the funds in the bank.<\/strong> The moment that the agreement is in effect, I must be able to commit to the terms of the agreement and submit payment.<\/p>\n

That’s what honest domainers<\/strong> do.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Everyone agrees that it’s still a bad economy out there, with no real indication of a bounce back, particularly during an election year. This does not mean business comes to a standstill; but some practices leave me wondering what the heck is going on with some domainers. 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