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-   -   sedo. domain sold, what next ? (https://gfy.com/showthread.php?t=1028032)

cooldude7 06-26-2011 11:27 AM

sedo. domain sold, what next ?
 
Current Status:

Domain sold. Transfer in progress.
Latest Update:

Escrow payment received
Sale Price: 60 USD
Sedo's Commission: 50 USD
Net amount to be credited: 10 US

WTF

what next ?., am i bound to transfer the domain ?., i mean, i dont just want 10 bucks for domain.

what are my options.?.,

i mean i didnt know that they are gonna eat up commision from my earnings.

alias 06-26-2011 11:28 AM

You should have read the terms, you have to transfer it.

Brujah 06-26-2011 11:30 AM

Write your sedo rep and tell them you want them to cancel the transaction. They may or may not do it.

Last option, if you don't care that they may cancel your sedo account, just don't transfer it.

CurrentlySober 06-26-2011 11:34 AM

Party like a rockstar on your profit...

It may not be much... BUT ITS 100% more than is in MY bank account...

cooldude7 06-26-2011 11:37 AM

Quote:

Originally Posted by CurrentlySober (Post 18241278)
Party like a rockstar on your profit...

It may not be much... BUT ITS 100% more than is in MY bank account...

i miss ur old avatar.

CurrentlySober 06-26-2011 11:37 AM

Quote:

Originally Posted by cooldude7 (Post 18241284)
i miss ur old avatar.

I love your 'Baddog Avatar'...

cooldude7 06-26-2011 11:38 AM

Quote:

Originally Posted by Brujah (Post 18241268)
Write your sedo rep and tell them you want them to cancel the transaction. They may or may not do it.

Last option, if you don't care that they may cancel your sedo account, just don't transfer it.

this is gr8 info., i just posted my sedo rep., to cancel the transaction.,

does this means , the buyer will loose his 50 bucks ? sedo fees.

cooldude7 06-26-2011 11:40 AM

Quote:

Originally Posted by alias (Post 18241264)
You should have read the terms, you have to transfer it.

i agree, but i never read the terms, they are lengthy, most of them i dont understand coz they are in legal language.

AdultKing 06-26-2011 11:41 AM

Quote:

Originally Posted by cooldude7 (Post 18241291)
i agree, but i never read the terms, they are lengthy, most of them i dont understand coz they are in legal language.

If there is one business where you need to read terms and conditions, where you need to be sure about your legal standing in any situation it's this one. I'd modify that attitude if you want to succeed in this biz :2 cents:

CurrentlySober 06-26-2011 11:44 AM

Quote:

Originally Posted by AdultKing (Post 18241295)
If there is one business where you need to read terms and conditions, where you need to be sure about your legal standing in any situation it's this one. I'd modify that attitude if you want to succeed in this biz :2 cents:

Sorry, but I agree 100%

Its all fun and games on GFY, but when you make a biz arrangement and accept money (Even if its a relativity small amount) you ned to play by the rules...

Rep is EVERYTHING...

Resuming normal posting:

i like poo

cooldude7 06-26-2011 11:46 AM

Quote:

Originally Posted by AdultKing (Post 18241295)
If there is one business where you need to read terms and conditions, where you need to be sure about your legal standing in any situation it's this one. I'd modify that attitude if you want to succeed in this biz :2 cents:

true.


thanks., from now on ill make sure to read the terms. :thumbsup

imho online is just virtual..... i mean when i sign up as affiliate to programm they also has t & c with hundreds of lines., i havent read them....

but this is also true that, people get sued by breaking online aggrements/t & c.

cooldude7 06-26-2011 11:59 AM

just found this

http://www.dnforum.com/f26/need-help...ad-455829.html

garce 06-26-2011 12:03 PM

I have a txt file that I reply to Sedo domain buy requests that looks something like this:

ROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLRO FLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFL ROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLRO FLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFL ROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLRO FLROFLROFLROFLROFLROFLROFL

etc...

There is no point selling anything through Sedo unless it is worth billions of dollars.

AdultKing 06-26-2011 12:06 PM

I think you need to transfer it and treat it as a lesson learned. Obviously someone has bought the name in good faith, it's not like Sedo hid the terms & conditions from you or failed to disclose their fees. It's not the buyers fault you didn't know the fees. Be a man and honor your commitment. Maybe next time you will be more careful.

Brujah 06-26-2011 12:11 PM

Quote:

Originally Posted by cooldude7 (Post 18241286)
this is gr8 info., i just posted my sedo rep., to cancel the transaction.,

does this means , the buyer will loose his 50 bucks ? sedo fees.

No, the buyer is out nothing. The loser in this scenario is Sedo, who doesn't get the $50 they almost got.

TubeKing 06-26-2011 12:16 PM

Fuck sedo, let them cancel your account, keep your name.

cooldude7 06-26-2011 12:27 PM

Quote:

Originally Posted by AdultKing (Post 18241345)
I think you need to transfer it and treat it as a lesson learned. Obviously someone has bought the name in good faith, it's not like Sedo hid the terms & conditions from you or failed to disclose their fees. It's not the buyers fault you didn't know the fees. Be a man and honor your commitment. Maybe next time you will be more careful.

you are real gentleman .,
your reply made me think.




1. People have scammed me many times - but this doesnt means i should scam people also.

2. my friend says, (adult is illegal in my country) there is nothing legal in the illegal biz(i.e. in porn biz.). still i say him, there are lots of trustworthy/loyal people in it.

3. I never scammed someone b4 for money, at least online.

4. if i go with this, i m gonna loose 50 bucks, in my currency 50 bucks means
4.1) a months net bill. or
4.2) a months eating expenses. or
4.3) 20 days drinking expense.

damn,.,

will c what reply i get from sedo.

Nasty 06-26-2011 12:28 PM

I have sold many domains at sedo, always been at a 10% commission, the 50 dollar thing new?

cooldude7 06-26-2011 12:29 PM

Quote:

Originally Posted by Nasty (Post 18241395)
I have sold many domains at sedo, always been at a 10% commission, the 50 dollar thing new?

i guess so.

AdultKing 06-26-2011 12:30 PM

Quote:

Originally Posted by cooldude7 (Post 18241391)
4. if i go with this, i m gonna loose 50 bucks, in my currency 50 bucks means
4.1) a months net bill. or
4.2) a months eating expenses. or
4.3) 20 days drinking expense.

Obviously $50 isn't worth as much to me, but I think there is a principle involved no matter what the sum. Then again I'm not speaking from the same perspective of value as you are, so I can understand your hesitation.

DBS.US 06-26-2011 12:33 PM

What if you where they guy that bought the $60 domain name and then the buyer backed out? You would come on and post how your getting fucked and it's all bullshit.

BlackCrayon 06-26-2011 01:08 PM

sellers fail to complete transactions all the time on sedo, just don't follow through.

buildingfutures 06-26-2011 01:19 PM

Obviously you can either transfer the domain, or not. No one's going to tell you what to do, but it's clear you want as many people as possible to tell you not to transfer it ;)

Make the right choice man. What DBS.US said, if you were the buyer you'd post you were getting screwed over.

Vjo 06-26-2011 01:20 PM

You didnt have it parked. :) Those are the rules.

This has happened to me once before. Only it was a $70 (Sedo took $50) I got $20.

My mistake, I should have had it parked, which I didnt. Buyer got domain, I lost $43. Way it goes. :)

To Sedo's credit, I have parked a new domain and had it sell within 24 hours and only got charged the $6 (on a $60 transaction) It is all automated, which is good.

barcodes 06-26-2011 01:30 PM

What was the domain name? Just curious.

ThumbLord 06-26-2011 02:20 PM

cooldude7 you can drink 20 days for 50$ ?
where on earth do you live?

alias 06-26-2011 02:31 PM

He is in India I think.

Brujah 06-26-2011 02:35 PM

It's 10% normally but there is a minimum $50 fee involved. I had the same thing happen to me a month or so ago. A name (February.info) I risked at auction ended up selling for $70. I got $20 out of it, but it was a chance worth taking.

ThumbLord 06-26-2011 03:32 PM

alias thanx, that gave it away.


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