{"id":3491,"date":"2013-10-24T14:53:02","date_gmt":"2013-10-24T18:53:02","guid":{"rendered":"http:\/\/acro.net\/blog\/?p=3491"},"modified":"2013-10-24T14:53:02","modified_gmt":"2013-10-24T18:53:02","slug":"domain-lessons-screw-up-a-domain-sale-and-the-price-goes-up","status":"publish","type":"post","link":"https:\/\/acro.net\/blog\/domain-lessons-screw-up-a-domain-sale-and-the-price-goes-up\/","title":{"rendered":"Domain lessons: Screw up a domain sale and the price goes up"},"content":{"rendered":"

As posted earlier this week, an Escrow transaction got canceled<\/strong><\/a>, after the buyer failed to act upon it for a full week.<\/p>\n

The same buyer, a partner in a large British corporation, responded to phone communication initiated by DNS brokers. Then they went silent, perhaps justifying their lack of response to being a mediator in this acquisition.<\/p>\n

Nicola, from DNS, agreed with me that the buyer’s communication pattern was unprofessional. British are careful with expressions, and would refer to such behavior as not befitting a gentleman.<\/p>\n

Being in the US, I would simply call him a “dick.”<\/p>\n

Case number two.<\/p>\n

A buyer with whom I share extensive background communication and a single transaction, dragged an acquisition for months. He would disappear and re-appear, claiming personal matters, but promising payment for a domain any minute now. I gave up hope in June, and he just now re-appeared with the same type of approach; only this time around I am simply not interested in any further drama.<\/p>\n

In both cases, the screwing up of the sale was made by the buyer. I went beyond my call of duty to ensure they are informed of the process, or aware of my status: patiently, but not forever, awaiting for their part of the deal to complete.<\/p>\n

When that doesn’t happen, the eventual step is simple: if you come asking for the domain again, the price will go up – by a large factor.<\/p>\n

It’s not always about closing a deal, it’s about closing it without any stress, pain, frustration, unnecessary phonecalls and emails, inquiries about the status at financial institutions – and so forth.<\/p>\n

Screw up a sale, and the price goes up. It’s simple like that.<\/p>\n

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

As posted earlier this week, an Escrow transaction got canceled, after the buyer failed to act upon it for a full week. The same buyer, a partner in a large British corporation, responded to phone communication initiated by DNS brokers. 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