Another greedy established forum member does the dirty

[Aaron Clifford]

I had already agreed a price so as far as I was considered it was no longer my name. I did however pass the contact details on to the buyer.

 

[Bailey]

From memory, an agreement to sell something at a price isn't enforcable at that point. Other conditions, perhaps describing how and when payment should be made need also to have been agreed.

.

Indeed - under the law of contract, The only 'agreement. that matters it's called " Consideration" (That's not the thoughtful, meaningful use of the word - But refers to DOLLARS/STERLING/MULLA Paid)

In a small defence of the seller - Why didn't the buyer just 'Pay' and close the deal (that is "Consideration" in a very big and enforceble legal way of contract) - The "send me an invoice" line is always suspect. The same buyer gets the same result Twice? in a apparently short space of time = So what message is being sent to close the deal. We all learn from our buying/trading mistakes.

I haven't responded to wind-up Rich. But to identify all our own willingness to act in a casual way - Then call possible foul when as and when pleases.

 

[The Ferryman]

Just for the record, Consideration is not a requirement in Scots contract law.

Regards

Bruce

 

[wb]

Indeed - under the law of contract, The only 'agreement. that matters it's called " Consideration" (That's not the thoughtful, meaningful use of the word - But refers to DOLLARS/STERLING/MULLA Paid)

From memory, consideration in a contract is not when an amount is paid like you state. I'm quite sure it actually covers the promise to pay.

 

[bensd]

From memory, legally, a seller can change their mind about selling or sell to some else until payment has been made. Probably why sedo aren't interested in getting involved in disputes over none paying buyers!

However, this is completely morally wrong. As Edwin mentioned in an earlier post, this business is 100% about trust and I know most members on here wouldn't flush away years of their reputation for a few extra £.

 

[Edwin]

In a small defence of the seller - Why didn't the buyer just 'Pay' and close the deal (that is "Consideration" in a very big and enforceble legal way of contract) - The "send me an invoice" line is always suspect.

Unfortunately, that's nonsense. If you're buying on behalf of a company, a very small part of your fiduciary duty to that company is to ensure all the proper documentation and safeguards are in place when you transact business, and you can bet that "being invoiced for stuff before you pay it" is one of those. It's not an "optional extra" afterthought - you literally SHOULD NOT pay without documentation.

 

[domainseller200]

Unfortunately, that's nonsense. If you're buying on behalf of a company, a very small part of your fiduciary duty to that company is to ensure all the proper documentation and safeguards are in place when you transact business, and you can bet that "being invoiced for stuff before you pay it" is one of those. It's not an "optional extra" afterthought - you literally SHOULD NOT pay without documentation.

x2

How could he pay if he didn't have his bank details ? the bank details would have been on the invoice

 

[StoneRoses]

For me, all the legal speak and technicalities of it all are totally irrelavant, if you agree to buy/sell a name you follow through with it.You have all the time in the world to consider if the deal is right for you prior to offering or selling it, if you change your mind afterwards then it's your fault for not doing your research and considering all your options.
You may find a loophole that "legally" you are not obliged to follow through,but morally there is no excuse for it imo.

 

[websaway]

Indeed - under the law of contract, The only 'agreement. that matters it's called " Consideration" (That's not the thoughtful, meaningful use of the word - But refers to DOLLARS/STERLING/MULLA Paid)

In a small defence of the seller - Why didn't the buyer just 'Pay' and close the deal (that is "Consideration" in a very big and enforceble legal way of contract) - The "send me an invoice" line is always suspect. The same buyer gets the same result Twice? in a apparently short space of time = So what message is being sent to close the deal. We all learn from our buying/trading mistakes.

I haven't responded to wind-up Rich. But to identify all our own willingness to act in a casual way - Then call possible foul when as and when pleases.

I agree, if you know the seller pay A.S.A.P. then the deal is done.

 

[GreyWing]

I agree, if you know the seller pay A.S.A.P. then the deal is done.

How do people pay without bank details? Anyway this is a pure moral issue I don't think it has a legal side to it. Even if a court through this out, my views on it wouldn't change.

 

[websaway]

How do people pay without bank details? Anyway this is a pure moral issue I don't think it has a legal side to it. Even if a court through this out, my views on it wouldn't change.

Please don't missunderstand me I don't condone gazumping. And yes I know there are legal and moral issues and I like to think that "my word is my bond" works on acorn. I equally don't think greed comes into it, everyone wants the best price for there domain and everyone wants the lowest price when buying, that's business.
I would like to see the correspondence between the two parties, obviously it would not reflect well on the seller if all we've been told is as it is. I would still say though that the main priority in a sale is the payment and collection of the funds, you can argue the morality of the issue until you are blue in the face, it does not return the status quo.

 

[dragon]

Wow, shocking behaviour! Kind of glad i missed out on the ones I made offers for now.. totally agree with other posters here, reputation is everything.

 

[GreyWing]

I would like to see the correspondence between the two parties, obviously it would not reflect well on the seller if all we've been told is as it is. I would still say though that the main priority in a sale is the payment and collection of the funds, you can argue the morality of the issue until you are blue in the face, it does not return the status quo.

My first post in this thread is quite relaxed and open to the possibility of a misunderstanding. Taking into account Rich's experience, standing and previous trading history. Plus Jarrod not posting the messages involved to show possible ambiguity, then for me it does look more and more like Rich's account is accurate.

If I was Jarrod I would have asked Rich for permission to post the pm's involved so people could judge for themselves. It could be that their is a genuine misunderstand.

Of course it can be argued to it's blue in the face, but I doubt Rich would want the names now anyway. But what you can't argue with until your blue in the face is your trading future / reputation on a forum and in the business. That in my opinion is what people are discussing here not the completion of the sale, that horse has well and truly bolted.

 

[Sound]

Reputation seems to mean nothing any-more as people are still trading with him in £X,XXX figure deals
Its a shame that some of the moderators of the forum don't get involved earlier.

 

[foz]

If you do ban, what stops them coming back in 6 months (till everyone has forgotten) and starting again. My preference is to leave them in place and add them to "ignore".

 

[scottsmith]

Hi, I just wanted to post a quick message. I'm not getting involved in this as I've no idea on the exact facts. All i wanted to say is that I agreed a price with Jarrod late last night (after 8pm) for Fostering.co.uk, I wasn't aware of this thread until after we agreed a sale (at well below the BIN price). The transfer has been completed and all went smoothly.

Scott

 

[Rich]

Hi, I just wanted to post a quick message. I'm not getting involved in this as I've no idea on the exact facts. All i wanted to say is that I agreed a price with Jarrod late last night (after 8pm) for Fostering.co.uk, I wasn't aware of this thread until after we agreed a sale (at well below the BIN price). The transfer has been completed and all went smoothly.

Scott

Scott, hope you didnt pay more than £2k for it as that was the price I agreed (£4500 for prepaidcreditcards.co.uk - £6500 total)

I won't be dealing with the tosser again though.

What makes my blood boil more than anything is he ignored me for a couple of hours (even though his profile showed he was still active on acorn) and left me sitting on the computer waiting for his payment details knowing I was planning to go out with my kids and they were nagging to leave.

So on top of backing out of a done deal he runined the last chance to spend time out with the kids before they are back in school (weather shit for the weekend)

 

[Admin]

namehunter hasn't even been banned yet so don't hold your breath

Look again. I don't jump to ban people without giving people the chance to explain themselves, there is always 2 sides to a story.

Admin

 

[Admin]

If you do ban, what stops them coming back in 6 months (till everyone has forgotten) and starting again. My preference is to leave them in place and add them to "ignore".

I ban their IPs and email addresses, but that's not any guarantee.

Admin

 

[foz]

I ban their IPs and email addresses, but that's not any guarantee.

Admin

Perhaps you could keep a blacklist of names, so if they do come back (posting domains) you can occasionally check them off against the list. Ban the owner not the user so to speak.