$2,000 for a crappy name?

[furca]

Copper,

My dad said they can somehow charge a debit to your account if they have checking information - but he said this information is on any check anyway. But they have had problems at this bank w/ that in the past so he said to be careful

 

[FuseFX]

Why would wire be risky as seller?
I really would like to know.

I always ask for bank wire, but, only about 10% buyers are willing.

There are ways to get back the wired money in case of issues. I am not sure exactly how but I had talked to my Citibank RM and he had told me this -- and to avoid them in case you are not sure about the party sending it.

 

[petrosc]

why not use escrow? Offer to pay the escrow fees if he refuses to split costs, at least you will have peace of mind

 

[Gerry]

why not use escrow? Offer to pay the escrow fees if he refuses to split costs, at least you will have peace of mind

PETRO! Good to see you...or at least read you. How is school?

I agree with Petro on this, Duncan. If the buyer is foreign, escrow will handle the currency exchange issue, if the buyer does not want to pay or split then take the hit, and no personal information is disclosed.

After all, you sold a "crappy name" so how crappy of a deal can that be?

by the way, it is not that bad of a name.

 

[petrosc]

hey Doc, Nice to see(read) you too School is great, had a bit of a hard time but everything ended well

 

[Onward]

If you have any other crappy names like this crappy one worth xx please pm me the names.

 

[DomainMagnate]

That's not a crappy name at all! In fact it's pretty good for kind of social tool etc.
Obviously a great deal for $2k congrats!

~MG

 

[allroundguy]

Domain value is strictly individual, so there are no "crappy" or "good" domains.
Is tdnam.com crappy short or long and what does it mean?
Is thedomainnameaftermarket.com too long or crappy?
Most appraisers would say it's crap, but look who uses it.
They know what they do, isn't it?

Also, any transaction, other than face-to-face, has some risks.
Bank Wire and Western Union are safe, because the money is deposited before sending it.
Of course, competing businesses that will say it otherwise.
Anyway, there are people who crack any code, so anno 2007 nothing is 100% safe.
$2k is plenty money - Or very cheap ...
I would go for it.

 

[jasdon11]

Sorry - saw the headline and thought you were buying....

 

[dcristo]

congrats on the offer, sounds like they will use it for a social bookmarking site.

 

[FuseFX]

Sorry - saw the headline and thought you were buying....

That has to be the funniest thing I've read since morning.

 

[hugegrowth]

It's either some sort of scam, or a buyer who really wants the name badly and is not giving info that can be found in search engines (new email, made up name?). The name has amazing potential for a catch all social site - add photos, add music, add video, add profiles etc. Watch it become the next big Web 2.0 site. Good luck, and is it too late to ask for more for the name?

 

[petrosc]

Bank Wire and Western Union are safe, because the money is deposited before sending it.

That is one bad piece of advice mate.... Western Union is not safe - at all, especially when you do not know the person who is on the receiving end.

Here are two popular scams:

1. The seller will ask you to pay with WU, and makes you feel safe because he will ask you to make out the payment to the name of one of your friend's, but will ask you to put the seller's address on the payment. You will be asked from him to give him the identification # so that he can check if the payment has been made. Once you receive the goods, according to the seller's plan, you must go to the Western Union and change the payment name to the seller's so he can get the cash.

This is a scam because the once the seller knows the address and identification #, many WU agents will pay him without asking him to show ID.

2. The seller asks you to use the secret question feature. The WU agent is supposed to ask the person who will collect the money a question and only if he answers correctly will he receive the payment.

The problem is again, many WU agents only care about the address and identification #, and will sometimes skip asking the question

The bottom line is - NEVER use WU for online purchases, unless you know and trust the seller

 

[Dr Nump]

any updates yet ?
In case the buyer doesnt want to try escrow , I suggest you accept direct bank wires . Your domains infact doesnt worth 2k , right ?

 

[mulligan]

1. The seller will ask you to pay with WU, and makes you feel safe because he will ask you to make out the payment to the name of one of your friend's, but will ask you to put the seller's address on the payment. You will be asked from him to give him the identification # so that he can check if the payment has been made. Once you receive the goods, according to the seller's plan, you must go to the Western Union and change the payment name to the seller's so he can get the cash.

This is a scam because the once the seller knows the address and identification #, many WU agents will pay him without asking him to show ID.

This makes no sense ... at all

2. The seller asks you to use the secret question feature. The WU agent is supposed to ask the person who will collect the money a question and only if he answers correctly will he receive the payment.

The problem is again, many WU agents only care about the address and identification #, and will sometimes skip asking the question

Nor does this

 

[furca]

Yes, that sounds okay to me. My full name is **** and I come from Norway. Since we are talking about security, maybe you as the seller should write a "bill of sale" (legal document) to me as the p urchaser. The document should contain all the sales information, wiring information, your signature and that the domain name is owned by me after you have received the money on your bank account. In this way we both should have enough security, and it is good to know that the deal goes down properly Please send me the legal document with the wiring information when you have completed the check.

Best regards,
****

I am using domain sales agreement as given to me by someone, i forget who, who was giving these away - he is an exclusive member though. =]

 

[petrosc]

This makes no sense ... at all


Nor does this

what exactly did you not understand?

 

[allroundguy]

Is it really that dangerous to go to the WU office, collect the money, and push the domain?
I don't think so.
If the people to who we push the domain would find a way to withdraw funds from our account, we would ask the registrar to freeze the domain pending settlment by friendly request, legal action, WIPO, etc. or just knock on the door ...
On the other hand, if we would collect the money and not deliver the domain, they would find us - for sure.
Same thing for credit card payment: If there is a cashback, it yields sufficient information to get the domain back (can take time).
As I said in my first post, only face-to-face transactions (payment-delivery) are more or less secure.
I never had problems getting paid by credit card, bank transfer and telegram. Maybe later, but I will have sold well until then.
This is 2007: Nitwits have never, ever, been this creative in fooling people, but there also is almost no way anymore to get away with it.
It is usually not a matter of "If they are cautght" but "When they are caught and what is left over".
If one goes in business, he/she plays to win but loosing is possible.

 

[mulligan]

what exactly did you not understand?

It's not a question of understanding, it's a question of your post not making any sense.

Once you receive the goods, according to the seller's plan, you must go to the Western Union and change the payment name to the seller's so he can get the cash.

So what's the problem here? You already have the 'goods' (be it a domain or a car or a new bride)

2. The seller asks you to use the secret question feature. The WU agent is supposed to ask the person who will collect the money a question and only if he answers correctly will he receive the payment.

The problem is again, many WU agents only care about the address and identification #, and will sometimes skip asking the question

In what instance would this be a scam?
You mean people trawl WU offices just quoting random addresses in the hope they get one right, and then hope the agent doesn't ask the secret question?

Standard practice dictates the buyer pays for the 'goods' first and only then is the seller obligated to transfer ownership of said 'goods' to the buyer.

Regardless of payment method used there is a risk involved that the seller won't keep their end of the bargain.

 

[barefoot]

Smells like a new version of the old domain appraisal scam to me. This "buyer" wants to get you excited about a possible deal, and get you to send personal information to him so that you feel more committed to follow through with the deal, and then he'll ask you to pay for an appraisal through the company he designates.

Just another 419 scam in action, with a different spin. That's just my take on this, but I hope I'm wrong. Good luck.