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Beware of NAMEDRIVE - ND rep killed a private sale with his BS

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JuniperPark

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So I'm buying a .INFO domain from a private party, negotiating a price. The seller goes quiet for a few days, then emails me that "Ash" from "Namedrive" has told her that he owns a ton of "premium .info domains" and because of his great advice she's not selling.

As it turns out this was a Namedrive PPC sales rep pitching his new "broker select" service by telling people like the woman I'm buying from that he's an 'expert' in the business, and can "easily sell .INFOs at $10,000+'".

This is the kind of scum that really gives the domain industry a bad name.

So FU Namedrive, your business ethics are disgusting, and you will never, ever get my business.
 
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leo

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Well isnt that what everyone tries to do? get more business?
 

trlg

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that's one sales rep. Does this happen often? Have u tried to report to his superiors at ND?
 

JuniperPark

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Well isnt that what everyone tries to do? get more business?

There are ethical ways of getting new business, and there are unethical ways of getting new business. Namedrive has chosen the unethical route.
 

trlg

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There are ethical ways of getting new business, and there are unethical ways of getting new business. Namedrive has chosen the unethical route.
not to disagree with u (cos i definitely agree that that was unethical!), but i'm just wondering, are u labelling the whole company based on the behaviour of the one sales rep? As i said, have u tried to talk to anybody else at the company about this? Perhaps u could (should?) get this person fired.
 

jdk

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not to disagree with u (cos i definitely agree that that was unethical!), but i'm just wondering, are u labelling the whole company based on the behaviour of the one sales rep? As i said, have u tried to talk to anybody else at the company about this? Perhaps u could (should?) get this person fired.

Good point. I think you should contact management and see what they can do to rectify this problem for you. And also report this employee.
 

katherine

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Could it be that the domain owner simply turned to ND for negociation advice ? I mean the owner contacted ND and not the other way round.
 

Jacksplat

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I get lots of offers from my namedrive parked domains through the inquire link on the pages. When I receive an offer I'm offered help in negotiating the sale. I've never taken it up but I might someday.

I dont see anything wrong in being informed of the value of one of my domains and I dont see anything wrong in others finding out the value of their domains, even if im the potential buyer. It's just crap luck is all, can't always get the steal of the month. It must have been a decent name and I bet your a little pissed cuz you almost got a steal of a deal ?

Maybe there isnt enough information in your post but from what I see here the seller might have saved themselves from giving up a domain for peanuts. Perhaps the seller might have a different opinion of "Ash" from namedrive.

Good luck with everything, was just giving my pov.

Jack
 

Raider

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I'm going to have to agree with Jacksplat and SDS on this one. Try getting to the bottom of it and provide us with more details.
 

Beachie

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Assuming that the NameDrive rep had no idea that you were negotiating for the name and just cold contacted the owner, then what's wrong with that? Welcome to business.
 

Raider

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I've developed a fear complex with you Beachie, everytime I see you as the last poster to a thread, I alway's think you closed it, and cross my fingers hoping its still open :lol:
 

JuniperPark

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I seem to recall a similar discussion about business ethics a while back with another company, and a few people responded in a similar fashion, with the "who cares about ethics, they're just aggressive in business".

The company in question at the time was Registerfly. I hope you all are happy with how THAT turned out.

Since you don't care about ethics, how about we all start posting in 'domain wanted' threads to all those reply: "Don't sell your name to this guy, I have more experience". If it was an OK thing to do to me, it's an OK thing for me to do to each of you, right?
 

NameDriver

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Hi Guys,

Thought I would respond to this post directly. I'm afraid the person who posted this is distorting the facts just a little bit. Prepare yourselves for a long recap:
1. Buyer (Juniper Park) writes to seller, sends an email basically saying "Here's an offer, you have 24 hours to take it or leave it."
2. The seller, who is a parking client, contacts us asking for assistance. They want to know if the offer is decent or not.
3. I reply, telling the seller that I think the offer is quite low (out of respect to everyone, I will not mention the domain name or the offer, just that it was a premium, generic, .info).
4. I also mention to the seller that I can pass the domain along to someone I know who recently purchased several .info's to see what kind of offer they might make. Free of commission, mind you.
5. To give the seller a reference, I mentioned that another seller recently came to us with a premium .info portfolio that they wanted assistance selling. For some reason, the buyer here got it in his head that we said WE just bought a large .info portfolio, and that we are lying. I still do not know why.
6. The seller writes me an angry email, claiming that we have poor business ethics because we are liars.
7. Several days later, we connect the seller to a new buyer, who offered approximately 8 times as much as Juniper Park did for the domain.
8. The domain is sold. We collect no commission on the deal.

While I understand Juniper Park might be unhappy that we broke up what would have been a steal for him, he paints this event as one where we harmed the seller of the domain, when in fact we helped our customer not only avoid a bad deal for a good domain, but get a far better one. The seller knew what they were getting into.
In fact, Juniper Park knew all of this, and about the successful sale, though he did not see fit to chime in and mention any of it.
I hope this clears things up a bit guys.

Ash from NameDrive
 

jdk

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Personally I do not think it is right. But again I do not use ND so I can not comment on how they assist either way.
 

B.King

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As Ari Gold says "lets hug it out bitches" :grouphug:
 

NameDriver

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Jdk,

Not sure if there was anything not right about what happened. I was asked my opinion, and I passed a customer along to someone who ultimately made a larger offer.
If we made some money out of this, or told a lie or two along the way, I could understand you thinking something was not right here. But I didn't. Honestly, just helping a customer out.
If you knew the domain and the price offered, or saw the earlier exchange between the buyer and seller, I think you might view this whole thing a bit differently :).
Could use a good hug though.

Ash
 

JuniperPark

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Hi Guys,

Thought I would respond to this post directly. I'm afraid the person who posted this is distorting the facts just a little bit. Prepare yourselves for a long recap:
1. Buyer (Juniper Park) writes to seller, sends an email basically saying "Here's an offer, you have 24 hours to take it or leave it."
2. The seller, who is a parking client, contacts us asking for assistance. They want to know if the offer is decent or not.
3. I reply, telling the seller that I think the offer is quite low (out of respect to everyone, I will not mention the domain name or the offer, just that it was a premium, generic, .info).
4. I also mention to the seller that I can pass the domain along to someone I know who recently purchased several .info's to see what kind of offer they might make. Free of commission, mind you.
5. To give the seller a reference, I mentioned that another seller recently came to us with a premium .info portfolio that they wanted assistance selling. For some reason, the buyer here got it in his head that we said WE just bought a large .info portfolio, and that we are lying. I still do not know why.
6. The seller writes me an angry email, claiming that we have poor business ethics because we are liars.
7. Several days later, we connect the seller to a new buyer, who offered approximately 8 times as much as Juniper Park did for the domain.
8. The domain is sold. We collect no commission on the deal.

While I understand Juniper Park might be unhappy that we broke up what would have been a steal for him, he paints this event as one where we harmed the seller of the domain, when in fact we helped our customer not only avoid a bad deal for a good domain, but get a far better one. The seller knew what they were getting into.
In fact, Juniper Park knew all of this, and about the successful sale, though he did not see fit to chime in and mention any of it.
I hope this clears things up a bit guys.

Ash from NameDrive


Ash –

Now that you’ve publicly published the details of this transaction in DNJournal, please spare us the “out of respect to everyone, I will not mention the domain name or the offer “, BECAUSE YOU ASKED DNJOURNAL TO LIST IT LAST WEEK! Jeez!

The name in question is solar.info. Since you want to get into the sordid details, fine, let’s go there.

1) I won this domain at the drop last year – it was caught by DomainCatcher/Webagentur where I had an EXCLUSIVE backorder, and had dome business with them many times before. This drop catcher deals with .infos and charges a fee to enter backorder requests and charges a monthly fee to keep your backorder alive – and it’s one backorder per customer. The name was never placed into my account, and emails to support we ignored. WHOIS privacy was used to conceal the ‘owner’ identity. Months later I get an email saying ‘some else reserved our whole backorder system that week’, which if true, would be fraud because they were billing me for the SAME service. But they are in Germany, so I can’t sue them.

2) Fast forward to a few weeks ago – I see the WHOIS data is now public, registered to a corporation name but the address is a residence in Las Vegas. OK red flag #1. The company name doesn’t appear to be a Nevada corporation, and has no website or Google listings at all. Red flag #2. They are using a throwaway gmail account for their business. Red flag #3. So I email them asking if it’s for sale (not expecting an answer because all previous emails were ignored), I get a reply, but the name in the ‘from’ header doesn’t match the name the email is signed by, in fact not even the same gender. Red flag #4.

3) Now I’m really getting suspicious, so I make a low offer (I think it was $800, which is actually a HIGH initial offer for a .info. Unlike Ash, who shows his ignorance on the subject of domain negotiations on .infos, I own about 7,000 .infos and know that segment of the business.). Since I am very suspicious (4 warning flags), I’m more looking at the type of response I get (a scammer will rush the transaction, reply from different accounts, forget his own name, etc). (Another note to Ash: professionals in the business world put time limits on offers; do you not know that?)

4) Now there is no response for a few days. Red flag #5. I email a couple more times, and get a response (again, from this person with 2 different names) saying that they have been in contact with “Ash at Namedrive” and direct quote from the seller’s email: “Ash seems to be sitting on a nice package of premium .infos, so if you are interested in that, I can get you in touch...” Funny how Ash now says I ‘got that in my head’ – no Ash, it sounds more like a lie you told the seller to get more business for yourself.

5) I reply that I know pretty much all of the premium .info domain owners, and never heard of Ash, and there is no “Ash” listed in the whois of any premium domains. I also know most of the brokers in the .info world, and never heard of Namedrive in connection with any large .info sales.

6) I get an email from Ash, telling me that he used to work at Sedo (during the time that half of my sales there turned out to be bogus buyers!), and he did not respond to my questions about WHAT premium .info’s he owns, or even has brokered.

7) Fast forward to last week – I see the name listed in the ‘sales’ column at DNJournal – but when I look up the WHOIS data, it is still unchanged from December 2006. DNJournal’s rules are that they only list sales AFTER the transaction is complete and WHOIS is changed. Ron tells me he got the information from – guess who - “Ash at Namedrive”, and took his word for it even though the WHOIS tells a different story. Red flag #6.

8) Today – 6 days after the transaction was supposed to be “completed”, the whois has been changed to Sulla Tech Inc. , once again registered to a throwaway gmail address (red flag #7), once again a “corporation” that is unknown to Google (red flag #8), once again registered to a residential address (red flag #9). Sure, it could be some brand new startup company in someone’s garage, but brand new companies almost never pay top dollar for a new generic domain name (remember, this was a top dollar .info sale and made the charts), let alone a LOT of domain names (remember Ash says this same person “recently purchased several .infos” from him) (red flag #10)

9) Let’s consider the timing for a moment. This seller has had the domain for a year, the whois is public since Dec 2006, and I exchange emails with the ‘owner’ on Apr 27 2007, who told me she had previously had many offers for the domain. The Emails stop that day. With this large expanse of time involved, what are the odds the Ash just happens to step in to discuss this name with her on the very day I’m negotiating with her? Now add to that the odds that Ash happens to find a buyer that nobody’s ever heard of within a couple of days (remember the name was for sale for at least 5 months). Now add to that the odds that this transaction is between two unheard of corporations, registered to residences, all using throwaway gmail accounts for mail. These incredible odds should be listed as red flag #12.

10) Finally – Namedrive’s web site says: “Our commission fee is 10% of the final sales price” , yet Ash says there was no commission on the sale (red flag #12). Do you work for free, Ash?

11) So now we have – let’s count them – 12 red flags of suspicious items. Any one of them, by itself, could possibly be explained or have no relevance. Maybe even 2 or 3 could be coincidence, but there are 11 red flags on this on situation – in other words, it stinks to high heaven.

Namedrive seems to have taken business ethics lessons from the folks at Registerfly. If you choose to do business with them, you should be very, VERY wary.
 
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