• Welcome to DNForum.com - Domain Investor Forum, Free Domain Marketplace and a community for 45+ domain pros
    If you are new to domains and looking to buy, sell and learn about domains then you have come to the right place. DNForum is the oldest global domain name community on the internet and continues to grow every day. There are over 45,000 domainers on DNForum doing everything from buying domains, selling domains, using our free in-house built tools, learning about domains and discussing domains. Take a minute and Register.

Unreal! Probably Illegal!

Status
Not open for further replies.
While the drop game isn't illegal...I do believe it's very shady. I don't trust it one bit. One thing that really bothers me is that say I dropped a name I had a site on for YEARS...then it's caught...sold off in auction for $xx,xxx. Guess what cut I get..ZERO....

Actually, SnapNames gives the prior owner the right to "claim" their cut (10-20% of the auction - I don't know the exact percentage, because they only offered me $9.20 as my cut of the proceeds for one of my domains which was auctioned of).

Maybe Nelson can comment about the actual percentage.
 
Actually, SnapNames gives the prior owner the right to "claim" their cut (10-20% of the auction - I don't know the exact percentage, because they only offered me $9.20 as my cut of the proceeds for one of my domains which was auctioned of).

Maybe Nelson can comment about the actual percentage.


Interesting indeed...I did not know this.
 
Interesting indeed...I did not know this.

Right here, Labrocca:

http://customersupport.networksolutions.com/article.php?id=309

As described in our in our Service Agreement, customers are eligible to receive between fifteen and twenty percent (15-20%) of the Net Proceeds generated from the Direct Transfer.

But here's an interesting option:

We will not attempt to complete a Direct Transfer of a domain name registration after expiration if the customer to whom the domain name is registered has notified us by e-mail at [email protected] stating that he or she does not want us to proceed with such a transfer. In this case, the domain name registration will be deleted.
 
Off topics posts removed.

This is a couple of months old thread and if you guys can't stay on the topic then the thread will be closed.

I repeat - stay on the topic and do not post any non-sense links.

Thanks,
 
I have to ask, What made you dig it up from the bone yard?

Oh, someone posted links to online petitions to restrict how many domains we
can hold, brokers or not. Johnn cleaned them out.

Carry on.
 
Contrary to popular belief, this is not a domain that I've ever owned. I own the .org version. I've been watching the .com for quite awhile, maybe 5 years. When it expired in May, I did a pretty stoopid thing, I "Backordered" it.
-I may as well have thrown that money in the street, I'd have gotten more enjoyment out of it. I never had a chance at the domain in question, as it turns out.
Now, I'm not talking about a domain that ever has any hits, It gets no traffic, it's simply my name. A relatively obscure name.... But apparently, the average Joe's actual chances at obtaining ANY domain that is expiring is virtually nill.

I refuse to pay ransom for a domain that I should have had a chance at. These Domain brokers are at the sub-basement of the internet.
I can only hope that some day they'll get what's coming to them.

I don't wish to argue with anyone who defends them or takes their point-of-view. Because they're in the wrong. And it's a total waste of my time.
If you are trying to catch CCTLD's dropping it's a different story. I snagged a 1 letter CCTLD on a drop. I also grabbed a .cc domain appraised at 20k on a drop. I agree that catching a dot com expired domain is virtually impossible, if it is worth anything.
 
For the most part, all fish in the sea is free until it gets caught. Catch it and it gets a price. Some Salmon, some Tuna.

Domains are just like that. Some get away from the net. Some get caught. Before you get them in the net, they are either free or have a price tag attached.

Net them first. It is all fair. Be a better fisherman.

How in the heck can some group of slimebags snatch up a domain before the general public just because it's expiring, and hold it for ransom at impossibly over inflated prices!!??

It's extortion! I would NEVER pay these sleazbags a dime.
Go on and tell me about how "That's life" or Capitalism"... It's goddamn dirty pool and you all know it.

You can purchase a domain for 7.98 .... How in the world can these bags of crap get away with charging 100,000X the ordinary ICANN price?

How can we put an end to this outright scam?
 
Most of my domain inquiries come from people just like bwilson27.
 
Status
Not open for further replies.
Back
Top Bottom