a situation involving 300K GBP...

rainbowjet · 22-01-2010, 05:43:06 AM

let's say a domain is offered to you for �300k, but actually the domain already has an offer from an end-user which is �60k more, but since owner won't get paid until at least end of the year or in 12 months, he's willing someone to get a big chunk of the money by selling early. If money is not a problem, would you take it? Why and why not?

facts from owner:

1. domain contains name of company Y.

question: what if buyer files a URDP case?
answer: it's a big company, they could have contemplated about it before they made the offer. which leads to no. 2...

2. owner was flown to a place to meet the buyer and during the brief meeting, was given the offer (owner has plane tickets as proof)...

3. domain is to be used on a huge project involving millions of dollars; a master plan is expected to be finished end of this year as required by the local authority.

philiporchard · 22-01-2010, 06:08:32 AM

If the owner has already agreed a price with someone else, then for no other reason, I'd say 'no'.

bb99 · 22-01-2010, 08:28:08 AM

Sounds like a plot line form Hustle

Takwa · 22-01-2010, 09:48:32 AM

Nope sound doggy to me, unless is a super generic ie loan or money, even if it's not a con like you said the company can always go to court with ya and 95% of the time they win.

it's a no no we are not taking a couple of quids here.

peacock · 22-01-2010, 10:03:27 AM

Sounds like a right scam.

If the owner wants the money now they could get that from the company by offering a discount.

Anyway it doesn't make any sense that the company wouldn't just snap up the name or at least pay a deposit and provide a contract.

Also doesn't make sense that the seller would want to miss out on 60k for the sake of one year. Interest rates are low at the moment!

rainbowjet · 22-01-2010, 10:58:33 AM

interesting insights. keep them coming, guys.

grantw · 22-01-2010, 11:17:11 AM

Anyone whos risks �300k on such a dodgy proposition needs their head looking at! Plane tickets as proof lol, proof of what? that he's been on holiday, it's certainly not proof of a legally binding offer and even if it was the offer was made to the current owner.

There are so many reasons why this is such a bad idea, I can't actually believe someone is really considering getting involved.

Grant

davedevelopment · 22-01-2010, 11:23:02 AM

If I had 300k, no way would I be getting involved.

websaway · 22-01-2010, 11:44:49 AM

I thought you were going to say someone's been left 1,000,000,000,000 US Dollars in a Nigerian bank account but won't be able to gain access until whenever and needs to use your bank account to transfer etc. etc. etc.

must be a different one. Oh is he Australian ?

Ellis · 22-01-2010, 12:13:06 PM

Quote:

Originally Posted by grantw

Plane tickets as proof lol

Which airline still issues tickets?

22-01-2010, 05:43:06 AM	#1 (permalink)
rainbowjet Join Date: Apr 2009 Posts: 188 No Classified Ratings Domain Trader Rating: (100% / 9)	a situation involving 300K GBP... let's say a domain is offered to you for �300k, but actually the domain already has an offer from an end-user which is �60k more, but since owner won't get paid until at least end of the year or in 12 months, he's willing someone to get a big chunk of the money by selling early. If money is not a problem, would you take it? Why and why not? facts from owner: 1. domain contains name of company Y. question: what if buyer files a URDP case? answer: it's a big company, they could have contemplated about it before they made the offer. which leads to no. 2... 2. owner was flown to a place to meet the buyer and during the brief meeting, was given the offer (owner has plane tickets as proof)... 3. domain is to be used on a huge project involving millions of dollars; a master plan is expected to be finished end of this year as required by the local authority.

22-01-2010, 06:08:32 AM	#2 (permalink)
philiporchard Join Date: May 2007 Posts: 1,084 No Classified Ratings Domain Trader Rating: (100% / 13)	If the owner has already agreed a price with someone else, then for no other reason, I'd say 'no'. __________________ Jobs London \| Jobs London

22-01-2010, 09:48:32 AM	#4 (permalink)
Takwa Join Date: Jul 2007 Posts: 1,088 No Classified Ratings Domain Trader Rating: (100% / 36)	Nope sound doggy to me, unless is a super generic ie loan or money, even if it's not a con like you said the company can always go to court with ya and 95% of the time they win. it's a no no we are not taking a couple of quids here. __________________ Domain Blog : CitiBikes : CCTV : Organic Produce : Wine Review : World-Wines : HR consultant : Squash Equipment : Flowersale : Digital Camera : Unique Gems : Christmas Swarovski Sale

22-01-2010, 10:03:27 AM	#5 (permalink)
peacock Join Date: Apr 2009 Location: Sweden Posts: 434 No Classified Ratings Domain Trader Rating: (100% / 18)	Sounds like a right scam. If the owner wants the money now they could get that from the company by offering a discount. Anyway it doesn't make any sense that the company wouldn't just snap up the name or at least pay a deposit and provide a contract. Also doesn't make sense that the seller would want to miss out on 60k for the sake of one year. Interest rates are low at the moment! __________________ Do you need some Wordpress Hosting ?

22-01-2010, 11:17:11 AM	#7 (permalink)
grantw Join Date: Mar 2005 Posts: 3,597 No Classified Ratings Domain Trader Rating: (100% / 56)	Anyone whos risks �300k on such a dodgy proposition needs their head looking at! Plane tickets as proof lol, proof of what? that he's been on holiday, it's certainly not proof of a legally binding offer and even if it was the offer was made to the current owner. There are so many reasons why this is such a bad idea, I can't actually believe someone is really considering getting involved. Grant __________________ Domain Brokerage :: Bulk UK Whois :: Property Insurance

22-01-2010, 08:28:08 AM	#3 (permalink)
bb99 Join Date: Mar 2005 Posts: 1,561 No Classified Ratings Domain Trader Rating: (100% / 4)	Sounds like a plot line form Hustle

22-01-2010, 10:58:33 AM	#6 (permalink)
rainbowjet Join Date: Apr 2009 Posts: 188 No Classified Ratings Domain Trader Rating: (100% / 9)	interesting insights. keep them coming, guys.

22-01-2010, 11:23:02 AM	#8 (permalink)
davedevelopment Join Date: May 2009 Location: Brough, East Yorks Posts: 988 No Classified Ratings Domain Trader Rating: (100% / 59)	If I had 300k, no way would I be getting involved. __________________ Me: Blog \| Company \| Twitter Coming Soon: DaveDomains \| DaveCatcher \| FreeToReg.co.uk

22-01-2010, 11:44:49 AM	#9 (permalink)
websaway Join Date: Mar 2007 Posts: 1,349 No Classified Ratings Domain Trader Rating: (100% / 2)	I thought you were going to say someone's been left 1,000,000,000,000 US Dollars in a Nigerian bank account but won't be able to gain access until whenever and needs to use your bank account to transfer etc. etc. etc. must be a different one. Oh is he Australian ?

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