After negotiating a domain sale on DNS, the buyer sat on the Escrow.com transaction until it expired.<\/p>\n
Throughout the transaction, they never responded to my emails or those of Escrow.com.<\/p>\n
Seeing how they are located in the UK, I assigned the transaction to DNS, which got hold of the buyer, a manager\/partner of the company who placed the offer.<\/p>\n
Despite the good old stereotype of a “gentleman’s agreement” being a characteristic of the British, the buyer’s response was that their budget had dropped below the agreed upon price, hence their complete silence on the subject.<\/p>\n
To be honest, I wasn’t shocked by their alleged change in budget, but rather, by their childish approach to remain silent without any form of communication on their decision.<\/p>\n
The concept of honoring one’s word isn’t British exclusively, of course, but the reference to a “gentleman’s agreement” most certainly is.<\/p>\n
Honoring one’s word, whether personal or in a business exchange, is a must when dealing with thousands of dollars in inventory, managing a corporation or claiming to be a successful entrepreneur.<\/p>\n
The particular transaction is back on the negotiation table, and time will tell whether the buyer is a gentleman, or a crook.<\/p>\n","protected":false},"excerpt":{"rendered":"
After negotiating a domain sale on DNS, the buyer sat on the Escrow.com transaction until it expired. Throughout the transaction, they never responded to my emails or those of Escrow.com. Seeing how they are located in the UK, I assigned the transaction to DNS, which got hold of the buyer, a manager\/partner of the company […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3478","post","type-post","status-publish","format-standard","hentry","category-domains","entry"],"yoast_head":"\n