Seller hiked the price from $38,000 to $380,000 after discovering Pay.com.au was the buyer (1.Viewing)

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Pay.com.au secures domain name after suing seller who backed out of deal​


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The seller tried to hike the price from $38,000 to $380,000 after discovering Pay.com.au was the buyer, but a lawsuit must have changed his mind.
Read more: Pay.com.au secures domain name after suing seller who backed out of deal - Domain Name Wire | Domain Name News
 
MapleDots said:
Know the purchaser before you make the deal, get a form...
Buyer would have had to fill this out before I committed to a sale
mapledots.ca/inquiry/?domain=payrewards.com
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Yes, that would be very helpful. But not everyone shares all the details and or upfront. I know those who have done so. I think it's on the seller to DYOR. Can "Obtaining a domain using false information can have legal ramifications" be upheld in the court of law anyways? People hide, lie and will do anything to get a deal imo.
 
Eby said:
Yes, that would be very helpful. But not everyone shares all the details and or upfront. I know those who have done so. I think it's on the seller to DYOR. Can "Obtaining a domain using false information can have legal ramifications" be upheld in the court of law anyways? People hide, lie and will do anything to get a deal imo.
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yeah, that argument doesn’t hold water. Nothing stops one person from buying something to resell it to someone else. There is nothing you can do about it.

So if you have a dream buyer, you need to price it for that buyer every time. Otherwise negotiate a price you’re happy with and move on.

Pricing based on knowing who the buyer is first wreaks of possible discrimination, or even “bad faith” in a CDRP. For example:

Imagine you tell a random guy its a $10k price one day and then a day later, you quote $100k when someone else inquires from a big brand? Guess what? You’ve just given them evidence of engaging in “bad faith” and expect to lose a CDRP.
 
rlm said:
yeah, that argument doesn’t hold water. Nothing stops one person from buying something to resell it to someone else. There is nothing you can do about it. So if you have a dream buyer, you need to price it for that buyer every time. Otherwise negotiate a price you’re happy with and move on.
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I agree and that's what I thought. Thanks rlm @rlm
 
rlm said:
yeah, that argument doesn’t hold water. Nothing stops one person from buying something to resell it to someone else. There is nothing you can do about it.
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I have several forms, one comes with a contract and one must disclose the end user or the purchaser leaves themselves in breach.
 
had a .ca inquiry this past week that smells like it comes from a big entity based on the domain and who the top end user could be, and how they filled out the form. global company but not a household name, didn’t ask for the moon but waiting to hear back. just a hunch based on years of this.
 
It’s funny that often when a big company inquires about a domain themselves, and tries to be anonymous, it just reeks of “I’m a big company trying to buy your domain name cheaply”. I’m not sure what it is, maybe the fake generic name they use, or how they phrase the ask, their wording is just too professional in some cases.
 
domains said:
had a .ca inquiry this past week that smells like it comes from a big entity based on the domain and who the top end user could be, and how they filled out the form. global company but not a household name, didn’t ask for the moon but waiting to hear back. just a hunch based on years of this.
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Wishing you well on that. We all need those breaks from time to time.
 

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