Mod backs out of deal...here's a first! - DNForum - Domain Sales, Domain Forum, Domain Appraisals, Domain Registrars

**Rockefeller** · 04-23-2008, 12:42 AM

So I am not really into calling people out...but this is just plain unacceptable. I have done many, many deals on the forum and off and this is irritating...especially when a mod accepts my offer and then backs out trying to downplay the situation and offers me $5,200 less for the domain name. Just beware exactly who you are doing business with here. People that call themselves professionals aren't always what they seem.

(-----email message-------)

Hey -- as per our conversation on AIM Today --

[23:04] godfrey90sf: i could offer you funny.info for 6.3k
[23:04] godfrey90sf: limited time offer for today only
[23:04] godfrey90sf: 292k overture/month
[23:05] godfrey90sf: ok, the 6.3 is only valid today

We have a deal. However, my partner insists that it goes through escrow.com and the seller pays the fees.

Let me know.

(---end---)

(---email---)

Hi Justin --

First of all I will have to check out the reason why Jon did no go ahead with the deal. I have just woke up and not had a chance to talk with him.

Secondly, if my partner is not there, I cannot proceed with the BIN Offer. As an Industry veteran, I hope you realize that a sale can go sour at the last moment and there is a reason why most laws allow you to rethink and walk out of a signed contract within the first 72 hours.

That said, my offer of my personal share of $1200 in the deal is still valid.

My apologies for any confusion and trouble this may have caused you.

All the best.

(----end---)

Once I tried to proceed he then says he has to speak with his partner about the domain name, though in the email he already tells me that he spoke with his partner (who wants to use escrow.)

Doing business with kids gets really old....

**TheLegendaryJP** · 04-23-2008, 12:51 AM

If it were I and I do have a partner once in a while, my offers are good and I commit us both. Any disagreement on price with my partner after the fact is between us and I hold to my word to purchase. The buyer here for $6,XXX needs to man up and follow through, if his partner thinks he over paid that is their problem, shouldnt be yours. Sorryto hearthis Rock.

**domaingirl** · 04-23-2008, 01:23 AM

[quote=Rockefeller;1441248]
Secondly, if my partner is not there, I cannot proceed with the BIN Offer. As an Industry veteran, I hope you realize that a sale can go sour at the last moment and there is a reason why most laws allow you to rethink and walk out of a signed contract within the first 72 hours.
(----end---)

I'd like to see where he went to law school . . . "most laws allow you to rethink and walk away . . ." I'd like to see where the FTC or any State in the Union regulates domain sales by passing a "cooling off" law. Some states or FTC have this law for large purchases like a car . . . but so far, I don't think they've covered domains . . .

And by the way, in a business partnership, the act of each partner binds the partnership.

**maroulis** · 04-23-2008, 01:33 AM

most laws allow you to walk away from a contract within 72hours? W T F... is he doing crack?

[quote=domaingirl;1441271]

Quote:

Originally Posted by Rockefeller

Secondly, if my partner is not there, I cannot proceed with the BIN Offer. As an Industry veteran, I hope you realize that a sale can go sour at the last moment and there is a reason why most laws allow you to rethink and walk out of a signed contract within the first 72 hours.
(----end---)

I'd like to see where he went to law school . . . "most laws allow you to rethink and walk away . . ." I'd like to see where the FTC or any State in the Union regulates domain sales by passing a "cooling off" law. Some states or FTC have this law for large purchases like a car . . . but so far, I don't think they've covered domains . . .

And by the way, in a business partnership, the act of each partner binds the partnership.

ha you got to post this first....

**domaingirl** · 04-23-2008, 01:38 AM

[quote=maroulis;1441274]most laws allow you to walk away from a contract within 72hours? W T F... is he doing crack?

Quote:

Originally Posted by domaingirl

ha you got to post this first....

I guess we think alike!

Banned: denny007 · 04-23-2008, 01:57 AM

So will this thread be deleted by "Mod Bros Clique" or this time not ?

**Acroplex** · 04-23-2008, 02:24 AM

Who was the moderator?

**Focus** · 04-23-2008, 03:08 AM

Well, what do you expect with a .info deal...but anyone, esp a mod should be careful to not over committ in a deal......I think that's what happened here..good luck bro

**Raider** · 04-23-2008, 03:33 AM

If you leave a negative for the Mod, he can just delete it right?

Rock, You need to let us know who it is.... Is it one of the newbie's? a Veteran?

**tekz999** · 04-23-2008, 03:38 AM

I am just curious who godfrey90sf is, I tried to search for this username and see no results. Is he even an user in here?

Er, I think godfrey90sf is you. lol. sorry. Thought that is the username of the buyer...

**draggar** · 04-23-2008, 05:58 AM

Quote:

Originally Posted by Raider

If you leave a negative for the Mod, he can just delete it right?

I don't know if they can but if the admins have monitoring on (which I think they should) they'll know in a heartbeat that the negative feedback was removed.

Quote:

So will this thread be deleted by "Mod Bros Clique" or this time not ?

Same as above.

It doesn't look like the mod backed out, it looks more like he went to bed, who knows, maybe he'll contact you tonight. The offer, $1,200 is the mod's partner's share of the offer. That's kinda an offer, he's saying that his $1,200 is still good in the deal (I'm assuming the mod is offering $6,500 as part of his offer). Hopefully it will work out in both parties' interests.

**tristanperry** · 04-23-2008, 06:00 AM

Worrying to hear. And the excuse given is rubbish. If you agree to a deal, you have to honour it. No matter if the buyer's partner says no. Next we'll be getting buyers back out because their mom advised them against it...

**jasdon11** · 04-23-2008, 06:28 AM

Quote:

Originally Posted by draggar

It doesn't look like the mod backed out, it looks more like he went to bed, who knows, maybe he'll contact you tonight. The offer, $1,200 is the mod's partner's share of the offer. That's kinda an offer, he's saying that his $1,200 is still good in the deal (I'm assuming the mod is offering $6,500 as part of his offer). Hopefully it will work out in both parties' interests.

That's not the way I read it - I see it that the mod offered $6,300 without checking with his partner. Now he comes back saying he basically doesn't have a partner in this deal (partner not interested), and reduces his (the mod's) offer to $1,200.

**Rockefeller** · 04-23-2008, 06:34 AM

Quote:

Originally Posted by Focus

Well, what do you expect with a .info deal...but anyone, esp a mod should be careful to not over committ in a deal......I think that's what happened here..good luck bro

That's funny. Not everyone has .com tunnel vision and misses out on good ops with other extensions.

[quote=domaingirl;1441271]

Quote:

Originally Posted by Rockefeller

Secondly, if my partner is not there, I cannot proceed with the BIN Offer. As an Industry veteran, I hope you realize that a sale can go sour at the last moment and there is a reason why most laws allow you to rethink and walk out of a signed contract within the first 72 hours.
(----end---)

I'd like to see where he went to law school . . . "most laws allow you to rethink and walk away . . ." I'd like to see where the FTC or any State in the Union regulates domain sales by passing a "cooling off" law. Some states or FTC have this law for large purchases like a car . . . but so far, I don't think they've covered domains . . .

And by the way, in a business partnership, the act of each partner binds the partnership.

Exactly.

Quote:

Originally Posted by domaingirl

ha you got to post this first....

Quote:

Originally Posted by Acroplex

Who was the moderator?

LordBrar.

Quote:

Originally Posted by Raider

If you leave a negative for the Mod, he can just delete it right?

Rock, You need to let us know who it is.... Is it one of the newbie's? a Veteran?

I am not sure about the negative feedback. I have notified Adam and will wait to hear back from him on how to proceed.

Quote:

Originally Posted by tekz999

I am just curious who godfrey90sf is, I tried to search for this username and see no results. Is he even an user in here?

Er, I think godfrey90sf is you. lol. sorry. Thought that is the username of the buyer...

That is me. He took the liberty of pasting our IM conversation in his first email when he said we had a deal. He took his messages out for some reason...

Quote:

Originally Posted by jasdon11

That's not the way I read it - I see it that the mod offered $6,300 without checking with his partner. Now he comes back saying he basically doesn't have a partner in this deal (partner not interested), and reduces his (the mod's) offer to $1,200.

He actually IM'd me asking a BIN for the domain, I told him $6,300 which was only valid for today, he then came back an hour or two later and said he accepted the deal. There were no provisions in his acceptance about him speaking with his partner.

**tonyfloyd** · 04-23-2008, 06:44 AM

Lord Brar??

wow....surprised.....and i thought he was the "Lord" of the domain industry with his new blog and all the expertism he seems to preach about in it.....

**keyser** · 04-23-2008, 07:03 AM

Quote:

Originally Posted by tonyfloyd

Lord Brar??
wow....surprised....

Not surprised at all.
He also has a very personal way to mod the forum imo and already complain about him months ago, for the first time ever.

edit : complainED ^^

**TheWatcher** · 04-23-2008, 07:10 AM

I agree with all the inputs here ... don't worry this will be deleted soon ....

too bad.

Banned: domain newbie · 04-23-2008, 07:31 AM

i don't think its a big deal to back off from the deal (especially when no contract has been signed) - customers should have refund policy in domaining as well and right to change their mind- aka ~~ customer satisfaction policy

**draggar** · 04-23-2008, 08:01 AM

Quote:

Originally Posted by TheWatcher

I agree with all the inputs here ... don't worry this will be deleted soon ....

too bad.

I hope not, but I think as long as we remain civil in here this thread shouldn't be deleted. Admins can (and hopefully do) monitor moderators actions.

Right now it is between Rockerfeller and Lord Brar. I agree people should be allowed to back out during negotiations but once a "deal" has been reached, it should be done. Who knows the circumstances but hopefully the two will come to an agreement that both sides are content / happy with.