{"id":3381,"date":"2013-08-04T14:20:16","date_gmt":"2013-08-04T18:20:16","guid":{"rendered":"http:\/\/acro.net\/blog\/?p=3381"},"modified":"2013-08-04T14:32:25","modified_gmt":"2013-08-04T18:32:25","slug":"big-name-domainers-fat-promises","status":"publish","type":"post","link":"https:\/\/acro.net\/blog\/big-name-domainers-fat-promises\/","title":{"rendered":"Big name domainers, fat promises"},"content":{"rendered":"<p>In a post over at <strong><a href=\"http:\/\/www.thedomains.com\/2013\/08\/03\/its-time-to-name-names-we-call-out-dead-beat-buyers-game-players-liars\/\" target=\"_blank\">TheDomains<\/a><\/strong>, Mike Berkens is visibly dejected over deadbeat domain buyers, and I fully understand that type of rant.<\/p>\n<p>While the majority of such sales appear to occur via <em>semi-anonymous channels<\/em>, such as Sedo or GoDaddy, sometimes a deal goes south coming from <strong>well-established domainers<\/strong> of varying magnitude in the business.<\/p>\n<p>Personally, I&#8217;ve recently experienced the &#8220;<em>good old boy<\/em>&#8221; attitude of a domain buyer, whom I naturally trusted that they&#8217;d honor their word, and they&#8217;d uphold their track record in the business. Once we agreed on the selling price, the other party disappeared for days, eventually emerging with excuses and extending their promises time-wise.<\/p>\n<p>Five weeks later, I realized that even with such seemingly certain deals, one risks getting nothing out of a gentleman&#8217;s agreement. That incident made me lose faith in such agreements and forced me from now on to require the signing of a contract that incorporates a date that the buyer must perform by.<\/p>\n<p>In another recent incident affecting a fellow domainer, he was made an offer for a domain by a <strong>top tier domain investor<\/strong> and developer. If that name were to be revealed, it&#8217;d send shockwaves across the domain industry, due to the childish manner that they renegged on a sale.<\/p>\n<p>It appears that some people would take advantage of their high status in the domain industry, pulling out of deals that they officiated via email. A shame really, as domainer awards mean nothing when honoring one&#8217;s word isn&#8217;t the #1 rule to live by.<\/p>\n<p>To recap: deadbeat domainers can be small and large, anonymous and eponymous. Unless there are <strong>legal implications<\/strong> when pulling out of a deal, those that can get away with making fat promises will continue to do so, as an indication of personal and professional ethics, or a lack thereof.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a post over at TheDomains, Mike Berkens is visibly dejected over deadbeat domain buyers, and I fully understand that type of rant. While the majority of such sales appear to occur via semi-anonymous channels, such as Sedo or GoDaddy, sometimes a deal goes south coming from well-established domainers of varying magnitude in the business. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,3],"tags":[],"class_list":["post-3381","post","type-post","status-publish","format-standard","hentry","category-business","category-domains","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Big name domainers, fat promises - Acro.net - A Domain Investing Blog by Theo Develegas<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/acro.net\/blog\/big-name-domainers-fat-promises\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Big name domainers, fat promises - Acro.net - A Domain Investing Blog by Theo Develegas\" \/>\n<meta property=\"og:description\" content=\"In a post over at TheDomains, Mike Berkens is visibly dejected over deadbeat domain buyers, and I fully understand that type of rant. 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