{"id":4626,"date":"2015-06-16T12:16:15","date_gmt":"2015-06-16T16:16:15","guid":{"rendered":"http:\/\/acro.net\/blog\/?p=4626"},"modified":"2015-06-16T12:18:04","modified_gmt":"2015-06-16T16:18:04","slug":"are-all-big-cheese-domainers-trustworthy","status":"publish","type":"post","link":"https:\/\/acro.net\/blog\/are-all-big-cheese-domainers-trustworthy\/","title":{"rendered":"Are all “big cheese” domainers trustworthy?"},"content":{"rendered":"

About a month ago I placed a private offer on a domain at Flippa<\/a><\/strong> that triggered my interest, after missing the end of the auction by mere seconds.<\/p>\n

The offer was for a few hundred dollars, and the seller was seeking more than twice that amount. I could not justify such a price and countered higher in case the seller was willing to sell.<\/p>\n

At that point, the seller told me he has sold millions of dollars’ worth in domain names, and that he would have to cover the cost of this domain that was acquired via a drop-catcher.<\/p>\n

Indeed, I confirmed his multimillion dollar history in sales, which is quite impressive.<\/p>\n

Regardless, he declined my offer, and said that the domain was sold – at his asking price<\/em> – to a person he often does business with.<\/p>\n

A few moments later, I received a notification that the domain was relisted and sold. The price was higher than the seller’s asking price in our conversation. I found that odd, but soon forgot about the incident.<\/p>\n

Fast forward almost a month later, and the domain is still in the possession of the seller, according to the WHOIS. The “buyer” who bid on that second listing has a sizable amount in transactions at Flippa, however there is no trace of any completed sale for this domain.<\/p>\n

This incident left me wondering whether the seller listed the domain the second time, just to claim a sale had occurred. While the numbers were miniscule, one’s ego can be quite huge at times.<\/p>\n

My concern is about how trustworthy a highly-praised domain investor can be; should there be blind faith in all that they say? My gut feeling tells me no, and I won’t be partaking in any more bidding for domains he’s listing.<\/p>\n

I’m not sure if this has happened to anyone else on Flippa, but I’d be curious to find out.<\/p>\n","protected":false},"excerpt":{"rendered":"

About a month ago I placed a private offer on a domain at Flippa that triggered my interest, after missing the end of the auction by mere seconds. The offer was for a few hundred dollars, and the seller was seeking more than twice that amount. 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