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DN.ca Marketplace Guideline Discussions (1 Viewing)

MapleDots

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Here is where we can discuss and set guidelines for the DN marketplace.

The official guidelines are here:

  • Market Guidelines
    1.
    Members get 3 Market topics daily (6 for Verified Members).
    2. Members may list multiple domains in the same topic with no limitations.
    3. Domains marked " FOR SALE " should be priced, use " MAKE OFFER " for unpriced Domains.
    4. You can lock your topics, mark them sold, or edit them for 30 days (60 days for Verified Members).
    5. Please Note: All other topics & posts boardwide are editable for 30 minutes (60 minutes for Verified Members).
    6. Verified Members have the highest reputation status and are confirmed to be a legitimate business or domain owners.

Market

and here:

DN.ca User Guidelines


The one I will add is...

Unlike other Marketplaces our For Sale pages have open discussions and a seller must state NO DISCUSSIONS if they do not wish to discuss a domain sale. If we do not see that we assume discussions are welcome in topic.

That said, discussions are encouraged to be positive adding to the possibility of a sale. If someone asks too much for the domain you can make a lower offer but please do not interfere with the selling process.


Discuss below, anything you want to add or subttact.
 

MapleDots

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Because we also sell .com's and other extensions I thought I would leave that up to buyer and seller to discuss.

So basically it gives you the freedom to specify CAD or USD

The way I do it is I charge CAD on dn.ca and I charge USD on DAN.com

I tell people it's cheaper to deal direct with me and the USD covers the commission for dan.

So it is completely up to you how you interact with your client.


PS. That is a change from the previous forum where we specified CAD only.
 

DomainRecap

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Sure, but the problem is that few people (other than you and Esdiel) seem to specify the currency so you're just left guessing.

Due to this I always assumed it was restricted to CAD.
 

Nafti

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Sure, but the problem is that few people seem to specify the currency so you're just left guessing.

I feel some may even do it on purpose then when you ask if it’s US or CDN funds, some will say US because of the currency conversion.
 

DomainRecap

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I feel some may even do it on purpose then when you ask if it’s US or CDN funds, some will say US because of the currency conversion.

Of course, which is why I assumed there was either a CAD currency restriction or a mandatory requirement to list the currency.

With neither, it could be EUR for all we know.
 

MapleDots

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4. Anyone buying or selling in the Marketplace is welcome to do so, however the discussion is between the buyer and seller and DN.ca will not enforce nor mediate a sales agreement. This is a free market economy and as such DN.ca does not interfere with members ability to buy or sell on the forum. However, should we deem a member to be attempting, or committing, fraud then the member will be restricted from using the platform.

This is number 4 of our user guidelines and I thought about that one long and hard before putting it into place.

Each member is given the ability to interact exactly as they wish on their marketplace as long as it is legitimate.

The marketplace is really no different than real life where the seller has to specify their terms and the purchaser agrees or declines.
I think the old way where we encouraged the sales in CAD took away the ability for buyer and seller to interact on their terms.

Nafti hit it right on when he said CAD and USD can be used as part of the negotiation process and I thing it's a good idea to allow the members to make that decision for themselves.

For .ca I assume we are talking in CAD unless the lister specifies otherwise.
In fact I bought a few domains here recently and paid in CAD, there was never a mention of currency type so both the seller and purchaser assumed the price was in CAD since it is a Canadian site.
 

DomainRecap

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It is assumed to be CAD unless the seller specifies otherwise.

I never assume anything and Is that a hard and fast rule enforced by the forum?

Because if not, we're still in the same place.
 

rlm

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It is assumed to be CAD unless the seller specifies otherwise.
That's how exactly how I'd treat it.
If someone didn't specify it, then if I say "I'll take it" and they suddenly said that was USD, I'd tell them to eff off. So they can try it as a negotiating strategy if they like, but it aint gonna work. If anything it will put me off as being deceptive and I will be even more stubborn and refuse to negotiate.
 

DomainRecap

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That's how exactly how I'd treat it.

So what happens if you say "Sold" in a forum thread for "$5000", then the seller says it's actually USD?

Is Maple going to enforce this RULE and push to complete the transaction in CAD? If not, it's just words and I prefer deeds - I don't care if they sell in Yen or EUR, I just NEED TO KNOW with 100% certainty before I hit the Buy button.

If this is a solid Marketplace Rule that "if you don't post a currency it is assumed to be in CAD and you will be required to complete the transaction:" then that's great, but I haven't read that anywhere.
 

rlm

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Is Maple going to enforce this RULE and push to complete the transaction in CAD? If not, it's just words and I prefer deeds.

I understand your point. But he's not going to be able to enforce that.
 

DomainRecap

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I understand your point. But he's not going to be able to enforce that.

What happens on NP if someone breaks the rules, changes the price or currency, or backs out, they get slapped out of the Marketplace and aren't allowed to list domains anymore, at least under that ID.

I'm just wondering if there are any DN rules to follow regarding currency or I'm supposed to "assume everything" about the transaction. What if I assume Monopoly money is okay?
 

rlm

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If this is a solid Marketplace Rule that "if you don't post a currency it is assumed to be in CAD and you will be required to complete the transaction:" then that's great, but I haven't read that anywhere.
I like that - and I think it makes sense.

Although, I'm not sure the "required to complete" part is necessary. Its clear that it could be an oversight by a newb, so I'd think of it as a marketplace courtesy more than anything - and that peer pressure will let the user know if they screwed up.

Even an Escrow.com transaction can be backed out of without penalty. No transaction is done until its actually done and they're not going to force you to make payment or sell a domain at a lower price than you want.
 

DomainRecap

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And I'm not just being a contrarian here, as I just looked at the recent DNE.ca listing and it has no currency... is it in CAD, USD, EUR, YEN, Canadian Tire Money, PC Points? Same with CryptoTracker.ca and a lot of other listings.

This is not a little thing and if a buyer and seller are thinking different currencies, then there is bound to be problems in the future. One guy will want the sale to proceed in CAD (the "always assume it's CAD" answer from Maple) while the other guy (using the "but I never listed in CAD" rationale) will want the potential buyer to fork over the payment in USD.

Nip that sucker in the bud before this actually happens.

Either a) require a currency or the listing gets deleted or b) put the "if you don't post a currency it is assumed to be in CAD and you will be required to complete the transaction:" part in the Rules.
 

rlm

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This is a .ca forum, I think if anyone expects anything other than CAD, they have to rationally specify it. No need to try and "enforce" it as not even contract law would be able to enforce it.

I definitely like saying that this is a Canadian forum and that CAD is assumed, otherwise specify. But there simply can't be an enforcement clause. Trust me, we'll berate anyone endlessly if they try to enforce ANY currency that wasn't specified.
 

MapleDots

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If you reread my post #7 here

Rule #4 is pretty important, we are not like nampros, we do not interject between buyer and seller. We assume we have real sellers and real buyers. If that is the case the two will usually come to an agreement on their own. It is not the place for dn.ca to try and police that.

In almost all cases I assume the sale is CAD unless specified but even if the seller say it's USD at the very end of the sale the buyer can just decline.

That said I do like the....

All sales are in CAD unless otherwise specified part and I may write that into the guidelines.


However enforcing it is another issue, I prefer that to be between the buyer and the seller. I prefer to be the exact opposite of namepros and let the members moderate themselves. I find the heavy handed approach at namepros to be off-putting at best.
 

theinvestor

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And I'm not just being a contrarian here, as I just looked at the recent DNE.ca listing and it has no currency... is it in CAD, USD, EUR, YEN, Canadian Tire Money, PC Points? Same with CryptoTracker.ca and a lot of other listings.

This is not a little thing and if a buyer and seller are thinking different currencies, then there is bound to be problems in the future. One guy will want the sale to proceed in CAD (the "always assume it's CAD" answer from Maple) while the other guy (using the "but I never listed in CAD" rationale) will want the potential buyer to fork over the payment in USD.

Nip that sucker in the bud before this actually happens.

Either a) require a currency or the listing gets deleted or b) put the "if you don't post a currency it is assumed to be in CAD and you will be required to complete the transaction:" part in the Rules.

If I’m ever selling in USD I would always specify. Since this is a .CA forum all my listings will always be in CAN$ unless specified.
 

jaydub

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I don’t see why it can’t just be stated in the offer
if advertised with price… $** USD Or $** CDN
If not… Sale is in CDN$. Or Sale is in USD..
I believe this is a primarily CDN forum but open to international sales as we grow and include more .com etc. sales it could be any currency stated by the seller?

But I have no issue with..”All sales in CDN $ unless otherwise stated” ..as well
 

DomainRecap

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"Enforcing it" is just my way of showing how if you have no rules regarding currency, all kinds of crap can take place and as you make the rules, both parties will be looking at you.

All you need to do it add similar what you wrote above, All sales listings are in CAD currency unless otherwise specified, and you're golden. That's all I've been asking for, a bit of clarification rather than assumption, which can vary from person to person.

All sales listings are in CAD currency unless otherwise specified.