Pump and Dump Fallout

[Raider]

So I would be a thief because I wasn't psychic ? I never said I would hold back info I said the buyer should be respondsible for researching why the domain does X and imo should not expect the owner to know all. Take respondsibility. Buy blind and pay the price.

I have no problem accepting responsibility. I try to cover my butt in every transaction I do, But not knowing for sure where that Traffic is originating or if it will die off, I honestly dont have a lot of expertise in this area.

I agree with a lot of the points you guys made here... I think if I was the seller and I sold you a traffic domain and after the first month or two the traffic tanked, I would make good on it and refund the buyer minus the revenue it already made.. I guess it all comes down to finding a seller that would do the same.

Thanks for the advice!

 

[David G]

IMO the seller should not be expected to give a refund assuming seller did not really know the validity of his trafffic at time of sale. It's even difficult to say for sure the traffic fell because of various ways different stats programs analyze traffic and also constantly changing SE rankings.

It's always possible lots of traffic came via a high SE rank (or good links) but suddenly goes away due to a big decline in the SE ranking or links taken away. That would not be the sellers fault.

 

[Raider]

It's always possible lots of traffic came via a high SE rank (or good links) but suddenly goes away due to a big decline in the SE ranking or links taken away. That would not be the sellers fault.

Understandable... If it was out of the sellers control I would not hold him/her responsible, But if their was foul play involved in pumping the traffic, I dont see anything wrong with recovering the money I lost anyway I could.

I know a few people here that got burned buying pumped domains, I just dont want it to happen to me...

CYA, Cover Your A*s.

Thanks!

 

[ilovedomains]

So I would be a thief because I wasn't psychic ? I never said I would hold back info I said the buyer should be respondsible for researching why the domain does X and imo should not expect the owner to know all. Take respondsibility. Buy blind and pay the price.

Theres are a lot of domainers on this board who unload names when the see traffic dieing. They lie about it, and try to find a sucker to buy it. If one of these sellers claims "Im not psychic", I simply dont believe them.

Anyway the argument is moot. like Raider says, an honest seller covers the buyers loss. If the seller replies to a complaint with "a deals a deal" or "buy blind and pay the price", in my eyes they are thieves. I really dont care what they think they are.

 

[fab]

I've always wanted to buy some good traffic domains here, but I fear buying one, only to find out the Traffic and revenue died off, Nobody wants to be stuck with a domain that was pumped and dumped.

The question I have is a ethical one, Let's say I bought a domain, I did my homework and verified stats to the best of my ability, The domain receives 1000 hits a day, revenue is roughly $5 a day, I paid $2000 for it using Paypal, After the first month, Traffic and Revenue drop to almost zero... I ask the seller to compensate or refund and he/she flat out refuses.

Would I be justified in filing a chargeback against the seller? And what will that do to my rep?

I have and have purchased domain names. A case similar to this was discussed in the legal section.

1. Before purchasing a traffic name, you should know why there was/is traffic.
a) type in - should either be single word or typo,
b) old traffic

If the traffic was from a previous web-site, then it should die down, and you definitely have no reason to grief.

Of it's a typo, and the previous web-site died (that's without) taking into account TM problems).

Overture used to be an excellent tool, which has been replaced by Google's but the numbers are less effective.

If the domain's traffic is coming from non-seasonable type in, and you have been cheated, you should clearly discuss the issue beforehand.

Breaking a contract or sales agreement is the purchasers obligation to prove it.

This is one issue which should be improved though, i/e/. verifying truth of stats.

You may ask for a traffic test as well, but you will still need to determine real traffic from fake.

 

[Theo]

Follow these rules:

1. If a domain is sold as a "traffic domain" and the seller is from India, run away.
2. If a domain is sold as an "SEO domain" and the seller is from India, run away.
3. Repeat steps 1-2, only this time substitute "India" with countries like China and Turkey.

 

[fab]

"India" with countries like China and Turkey.

Uh Oh!

 

[Dale Hubbard]

Test and analyse traffic if you're not 100% comfortable with the seller. Once you've done that, then it's 'caveat emptor' all the way.

 

[David G]

Follow these rules:

1. If a domain is sold as a "traffic domain" and the seller is from India, run away.
2. If a domain is sold as an "SEO domain" and the seller is from India, run away.
3. Repeat steps 1-2, only this time substitute "India" with countries like China and Turkey.

3. Add Pakistan too in my experience.