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The Off-Topic Lounge APPROPRIATE FAMILY-FRIENDLY TOPICS ONLY - READ THE RULES! This forum is for posting anything (excluding topics prohibited by the forum rules) that's unrelated to email. General discussions, in other words. |
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7 Jan 2021, 12:49 AM | #1 |
The "e" in e-mail
Join Date: Apr 2011
Location: Manchester UK
Posts: 2,616
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GoDaddy customer wants to buy my domain!
I've received an e-mail from GoDaddy, one of their customers wants to buy one of my domains.
I purchased the domain, that had just expired, from the Namesilo Marketplace a few months ago - it's a 4-character dot com domain. I purchased it on a whim and thought maybe I would find a use for it, but so far I haven't. The amount offered is a considerable sum, and the e-mail is from a legitimate GoDaddy e-mail address, and the GoDaddy broker himself held a record at the time for the highest value domain name sale - some $30 million! Not that the offer for my domain is anywhere near that! Question is: Has anyone here on the forum had any experience of selling their domain name in this way? |
7 Jan 2021, 01:14 AM | #2 | |
The "e" in e-mail
Join Date: Feb 2006
Location: EU
Posts: 4,933
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Quote:
This was some 10 years ago, so don't remember who my registrar was at the time. I no longer have any emails related to the transaction. I wish that domain was worth a considerable sum |
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13 Jan 2021, 02:16 AM | #3 |
The "e" in e-mail
Join Date: Apr 2011
Location: Manchester UK
Posts: 2,616
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Well, that was a relatively painless experience!
The procedure is similar to transferring a domain to a new registrar. You have to unlock the domain at your registrar, get the authorisation code, and send that code to the new registrar - in this case, GoDaddy. Within an hour, I had received an e-mail from my registrar, acknowledging the change of registrar, and giving me 5 days to cancel the transfer. I logged into my registrar, and confirmed the transfer and requested an immediate transfer - it went through in less than an hour. Now, I had to await payment! That took 5 days, but now I have the funds in my PayPal account! But, for whatever reason, the amount was 10 cents less than the amount agreed! The virtual drinks are on me! |
13 Jan 2021, 02:35 AM | #4 |
The "e" in e-mail
Join Date: Feb 2006
Location: EU
Posts: 4,933
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13 Jan 2021, 08:56 AM | #5 |
Master of the @
Join Date: Feb 2017
Location: USA
Posts: 1,679
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Seems a little odd that someone gets delivery of the item before paying for it, but glad it worked out.
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13 Jan 2021, 05:51 PM | #6 |
The "e" in e-mail
Join Date: Apr 2011
Location: Manchester UK
Posts: 2,616
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As GoDaddy were acting as the middleman, I had a certain amount of trust.
It would be entirely different if some stranger had just e-mailed me and asked to buy my domain. As a seller, would you give the stranger the domain on the promise of payment in return? As a buyer, would you trust the seller to transfer the domain if you paid them the money in advance? You never really know who you're dealing with - are they legitimate, or is it a con where the buyer wants the domain so he can sell it on for a bigger profit? You pays your money, etc. |
13 Jan 2021, 08:12 PM | #7 |
Master of the @
Join Date: Feb 2017
Location: USA
Posts: 1,679
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Sounds like you did your due diligence.
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13 Jan 2021, 10:36 PM | #8 | |
The "e" in e-mail
Join Date: Feb 2006
Location: EU
Posts: 4,933
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Quote:
Buying something (a domain, a house, a Picasso) for resale at a profit isn't a con, it's perfectly legitimate. |
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