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TheDomains.com

That time when they doubted Mike’s sale

November 22, 2019 by Raymond Hackney

Long before the doubts about Chocolate.com, were the doubts about a sale from the founder of this blog.

In 2012 Michael sold NewYorkApartmentsForSale.com and the comments on Namepros went from nice sale, and wow that’s a great price for such a long name to:

Still under Sedo Escrow…after 2.5 months

It smell fishy

This domain is still in escrow after 3 months, yet it is still listed for sale at MostWantedDomains.

Really strange.

Too long (it’s a 5-worder!) and overpriced.

Busted sale

Sorry – this ain’t a completed sale

Funny how DNJournal STILL lists “sales” that either failed or were not completed

Sedo is probably still sending automated email chasers to the “buyer” who has long disappeared along with his fake details.

Sorry Berkens – no $42,500 for you!

What a bunch of BS, now it’s listed for sale again.

This had gone on for months, then it flamed out. I had asked Michael if he had been paid. He replied long ago, did not care one iota what others had to say on the validity of the sale, he had the money in his bank account.

A few days ago I asked Michael to go back into Sedo and find the payment, he obliged.

NewYorkApartmentsForSale.com

It’s the thing about domaining, a cottage industry that most don’t know about or understand. There is not as much transparency as there is in other industries, especially those that deal with money. It’s healthy to be skeptical to a certain degree, but no one else cares about your skepticism. If a seller was paid, they don’t care.

The buyer certainly doesn’t care, they did not know there was a time frame to build out a website. They did not know the website had to measure up to a stranger’s quality level.

A lot of times people look at the money spent on something and it’s either more than they could or would spend. So they believe that someone should do what they would do or it’s a bogus purchase.

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Filed Under: Domain Sales, TheDomains

About Raymond Hackney

Raymond is a writer, domain trader and consultant based in Pennsylvania. Raymond is the founder of 3Character.com and TLDInvestors.com.

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Comments

  1. Erich says

    November 22, 2019 at 8:13 pm

    “There is not as much transparency as there is in other industries, especially those that deal with money.”

    There is actually much much more transparency in Domaining than in Banking and Finance.
    Ever heard of the scandals of Goldman Sachs, HSBC-Bank, Danske Bank, and many other banking-entities laundering money and being engaged in criminal activities ?

    It is high time to regulate the banks and not giving them the ability to print money out of thin air.
    Domainers are the good guys in this world, bankers and lawyers are the most unethical bunch.

    • VR says

      November 22, 2019 at 8:41 pm

      Domainers are from the good guys, are you high? Stock brokers, insurance agents are actually registered, report to a governing body. You don’t think domainers are involved in laundering money and being engaged in criminal activities?

      • CZ says

        November 22, 2019 at 8:51 pm

        There is no transparency in domaining. Where is the domaining SEC filings? Hell this industry considers news, We sold a name for a lot, can’t tell you to who or for what. That’s only news in this industry, no other industry would allow that stuff to be published.

        Good job on providing the proof Mike, love those trolls having to eat it after doubting you.

        Do you think they doubted you because you were old? I mean supposedly sexism played into the nonsense at namepros so maybe it was ageism here.

      • MIchael says

        November 23, 2019 at 12:19 am

        The domain market isn’t big enough to launder real money. What, you launder a million dollars? What kind of kingpin are you? Erich is right. Banks exist to launder money. If you don’t believe it, watch the documentary film Cocaine Cowboys about the drug trade in Southern Florida in the 60’s and 70’s. Miami was a nowhere backwater town that virtually sprang up overnight as a result of the billions in drug money moving through there. Banks have laundered more money than you will ever know. In any case, “launder” only means Big Brother doesn’t approve. But as should be very clear by now, what an insane, foolish, malevolent failure the so-called War On Drugs has been. If drugs were not criminalized by government there would be no black market to begin with. So this is a problem government itself has created, then attempts to “solve”. Meanwhile who are the biggest drug runners of all? Might want to look up the name Freeway Rick Ross. Now I am educating you. And as far as reporting to governing bodies, again you need to think harder. Who else has been in domaining news catching flack all over the place … if not, ICANN? Governing bodies are synonymous with corruption, sir. A fish rots from the head down.

  2. BullS says

    November 22, 2019 at 9:27 pm

    It is all about TRANSPARENCY!!!
    I disclosed all the prices of my domains I bought and how much I am selling.
    For example:
    boqz.com sell for $$999
    cbku.com-$1500
    fbuj.com—-$1999

    Bought these domains at $10 each from someone at NP who claimed to be a domain Pro.
    Nothing to hide.

    I do not trust the domains listed at DASD as most of them are shi*&^ t domains and own by their own people. Show the domain listed being paid to be listed …

  3. GetDomainData says

    November 23, 2019 at 1:51 am

    It normal for people to doubt but as long as you have got your pay as a seller. Who cares -Nope! Allow wailers to keep wailing. It is a free world!


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