It's his/her domain, he/she can ask whatever they want for it. Ethically you may not like this strategy but legally they have no obligation to sell to you or anyone else unless they get their final price.
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Last edited by Wissam; 01-23-2008 at 10:45 PM. Reason: edited for privacy
It's his/her domain, he/she can ask whatever they want for it. Ethically you may not like this strategy but legally they have no obligation to sell to you or anyone else unless they get their final price.
Last edited by acronym007; 01-06-2008 at 10:47 AM.
So did you agree to his asking price straight away or did you counter-offer with a lower amount?
I don't think it really matters. I can't email someone who posted an LLL.com for sale here 2 years ago and expect them to honor the price they listed.
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Are the broker and the owner two different persons ?
Looking for good FRENCH names !
edited for privacy
Last edited by Wissam; 01-23-2008 at 10:46 PM. Reason: edited for privacy
It's considered an "offer to treat" rather than an "offer to sell."
http://en.wikipedia.org/wiki/Harvey_v._Facey
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What would make him obligated to sell? If you own a home and list a price and 2 offers come in, you have no obligation to accept either offer. Maybe he realized that he was selling too low based on multiple offers received. Maybe you discover your home is near the newest Casino in town and land is going to be worth a mint, all of the sudden your price goes up. The owner can simply decide not to sell too. There can be other factors also, such as payment type (Escrow or Paypal, timing of sale, speed of sale, etc...
I think the distinction you need to make here is whether or not a list price is binding or personal, it is not. You and the seller have not agreed on this list price it's just a guide. Unless you have agreed on the price & details with the seller and not the broker you have nothing but a domain with a list price that can change daily with no obligation to sell ever.
of course you can take legal action.
you won't win, of course, but nothing prevents you from trying.
Thanks for the advice everybody, it's much appreciated. Now I know not to bother with this domain anymore. Besides, there are plenty of others :o)
Based on what I have seen and read here on this forum and from within this thread, some believe NOTHING is binding, even when there is a contract to sell.
Does anyone want to buy perjures.com? Regged yesterday.
you can take legal action, but you be wasting your time,
and why would you try to buy a domain for that kinda money from a broker,who is shady from the getgo,
http://seo.submittools.net/
- I reserve the right not to sell to anyone at my discretion
- Buyer pays the PAyPAl fees of 3.9% if paying by CC
Hi
I'm in the UK so bear that in mind if you are not! Thought I'd try for the "why" aspect of this - sorry if I just end up confusing things!
To have a legally binding contract, there must be "offer" and "acceptance" - these 2 things create a contract. The email you received with the original "willing to sell" sum mentioned was (as mentioned above) an "invitation to treat" - which basically means an invitation to you to make an offer to buy. When you respond with the offer to buy, the seller can than choose to accept or reject the offer.
This idea grew out of contract case law (hope my memory is holding here!) involving a youth who tried to buy a knife displayed in a shop window. The shopkeeper refused to sell it to him due to safety concerns. If the display in the shop window was an "offer to sell" all the youth had to do to create a binding contract was accept the offer - i.e. go in with the money and ask to exchange it for the knife - and the shopkeeper was therefore in breach of contract for refusing to sell it to the child. In the interests of protecting the public in similar circumstances and avoid making the law "an ***" (sorry - this is a common English legal term and also describes a type of donkey but the forum seems to think I am swearing so it won't display!) judges chose to interpret the display in the show window as an "invitation to treat" rather than an "offer for sale". This means the contract is only viewed as legally completed when the buyer "offers" to buy the item and the seller "accepts" this offer.
I hope this helps your understanding of why you cannot legally enforce the statement that the guy was "willing to sell for £xxxx".
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