Name and shame...When is it okay?

[Gerry]

I recently sold three domains on Sedo.

Not a single one has been paid for and quite frankly, I believe that will be the end result.

One is nearly 3 weeks since the sale. I am told by the Sedo rep that the buyer is waiting on the money from his sale. So, I guess its okay to bid and buy when you don't have the money? I'm bidding on a domain right now...I will perhaps win based on the amount I proxied. Can I use the same excuse?

Anyways, the point of this post:

When is it okay to "name and shame"?

Two sales are $2,000 and $2,200 and I am sure were both bought (not paid for) by the same person.

Sedo will supply the name of the bidder/buyer.

Quite frankly, if the non paying jerk is a member of this or any other forum, I would post the information here. If they are a member, then great...you've got some explaining to do.

If not a member, then we will have a list of non-payers so you can be alerted to those that make offer but do not pay.

 

[GAMEFINEST]

Sedo needs to tighten its policy on the buyers....

 

[jdk]

3 weeks is long enough. Certainly nothing will be done on Sedo's end to prevent buyers of this kind.

 

[Gerry]

Sedo needs to tighten its policy on the buyers....

I agree wholeheartedly. When I raised this issue of "buyer certification" or "buyer verification" they talked about how much their bogus bidding has gone down. When I am at 100% for the month of April and at least 80% for 2007...sorry, you're gonna have to do more than talk to convince me that it has gone down. It was also pointed out to me that if the buyer does not pay in 10 days, then I am under no obligation to sell. WTF??? Does that mean the buyer is under no obligation to pay??? I guess I'll have to start on new thread and have Sedo explain just what their policy is on buyer certification, verification, what it does, doesn't do, and when did this policy of 10 days start because I have had domain names tied up for as much as 90 days waiting for the buyer. In the mean time the domain is taken off the market and is not receiving traffic or generating revenue awaiting payment.

Back to topic: Name and shame?

The main issue is if it is "professional" domainers on this forum, I want their infomation to be posted and I want them to explain themselves. I guess I am a glutton for the punishment of seeing what kind of bullshit excuse they can come up with.

I think all of us should be able to post this information as it is a breech of contract. Is it slander? No, they entered into a legally binding contract before submitting the bid.

 

[GAMEFINEST]

I dont think they will....for obvious reasons lol

 

[AlienGG]

Sigh... what can I say...

One of my names closed a deal on Sedo many weeks ago. It's been paid for and I supplied the AUTH. The domain is not locked as the registry doesn't allow locks. The last update I heard from Steve was that he would confirm the transfer. I haven't heard anything from him ever since...

 

[Gerry]

Okay...forget it was sedo.
That is not the issue.
I have had the same happen on Afternic last month.

Do you think it is okay to "name and shame"?

Discuss.

 

[Duckinla]

I think it's up to you. Sometimes you just have to accept that we are in an industry where people bite off more than they can chew. I would give someone a pass one time. If they have a pattern of it, they need to be marked for all to know. A lot of young people, a lot of unprofessional people. It not the kind of industry where we usually deal with 4-page contracts. More like selling sports cards or comic books.

 

[Theo]

I had one buyer drag on the sale for a month but that was due to "cultural" differences. It ended up well. But another sale went south and I named and shamed the deadbeat buyer.

 

[petrosc]

I have a pending sale since february at sedo

 

[Gerry]

I think it's up to you. Sometimes you just have to accept that we are in an industry where people bite off more than they can chew. I would give someone a pass one time. If they have a pattern of it, they need to be marked for all to know. A lot of young people, a lot of unprofessional people. It not the kind of industry where we usually deal with 4-page contracts. More like selling sports cards or comic books.

I like your thinking and rational, but that one time pass may have happened previously with multiple other sellers and then they just keep going on and on.

I had one buyer drag on the sale for a month but that was due to "cultural" differences. It ended up well. But another sale went south and I named and shamed the deadbeat buyer.

Great post, to the point, and perhaps should become the template used.

I also agree that they need to rethink business and forget forcasts...if they were to take historical data of sales not going through and factor that in as a loss (everyone of those 10% fees), then things perhaps would look so rosey and someone might wise up and ask...

"Why did we end up not collecting 6 million dollars in revenue last year? How much do you think that could improve the bottom line here? How many more staff members could that pay to improve our customer service?"

For me alone, if these sales go south, that is nearly $500 lost from fees. Do they not give a damn about this?

 

[Theo]

I got in the habit - once a sale is in progress - to park the domain with NameDrive Otherwise parking revenue is frozen at Sedo.

 

[Gerry]

I have a pending sale since february at sedo

Are you going to wait another three months? In the meantime, is your name taken out of parked status and pending payment and unable to recieve any other offers and not generating revenue?

This is truly a failed system that repeats its own failures time after time.

I got in the habit - once a sale is in progress - to park the domain with NameDrive Otherwise parking revenue is frozen at Sedo.

Not a bad idea. That keeps the name available to receive other offers as well as generate revenue. Yup, looks like we need another thread.

 

[Theo]

At the same time, 3 of the domains I sold in the recent months on Sedo still bear the Sedo transfer info. One of them expires in 25 days, hopefully they will get it before then.

 

[RegFee]

I think a "non-paying jerk's" username should be posted with an invitation for them to fess up, and as a way for other members to avoid dealing with them. As far as providing any other details about the bidder, though, I think sedo or afternic, or wherever would have a huge privacy issue on their hands with this one. What if the bidder had a stroke and was in the hospital, for example. Should we post their personal details on a forum for everyone to take stabs at them/send them hate email/pm's etc.? I'm not trying to play the devil's advocate here, I hate npb's as much as the next guy, but I think it's a hard line to draw.

 

[petrosc]

Are you going to wait another three months? In the meantime, is your name taken out of parked status and pending payment and unable to recieve any other offers and not generating revenue?

yes out of parked status and unable to receive any offers. It's not just that, the transfer agent from SEDO left on vacation without notice and I was left wondering why on earth he ignores my mail. It was after I complained that a new agent was assigned and explained to me that the old one is on holiday. :upset:

 

[Theo]

Sedo won't release emails or phone numbers.

 

[AlienGG]

Sedo won't release emails or phone numbers.

They shouldn't, in order to prevent potential complication and as per privacy act.

 

[Theo]

A contract, which is a private agreement, should contain ALL information - just like the WHOIS info of the domain is public.

 

[Gerry]

I think a "non-paying jerk's" username should be posted with an invitation for them to fess up, and as a way for other members to avoid dealing with them. As far as providing any other details about the bidder, though, I think sedo or afternic, or wherever would have a huge privacy issue on their hands with this one. What if the bidder had a stroke and was in the hospital, for example. Should we post their personal details on a forum for everyone to take stabs at them/send them hate email/pm's etc.? I'm not trying to play the devil's advocate here, I hate npb's as much as the next guy, but I think it's a hard line to draw.

Good points. I think we can go TOO far but as mentioned, we don't usually get all the details or contact info.

I have contacted sedo to request a cancellation of my bid or else I might use the same lame excuse "I'm waiting on payment from my sales before I pay for the auction I won". I wouldn't use it, but this potential sale will not have me as the winner and I pulled out a substantial amount of money from this particular auction.

...per privacy act.

??? There is no privacy act. Otherwise they would not supply any information at all.

yes out of parked status and unable to receive any offers. It's not just that, the transfer agent from SEDO left on vacation without notice and I was left wondering why on earth he ignores my mail. It was after I complained that a new agent was assigned and explained to me that the old one is on holiday. :upset:

I think I will take Acroplex's cue and simply redirect the DNS to my NameDrive account. That way it can still get traffic, perhaps some revenue, and still get offers.