Domain Manage

How do for sale prices work?

Discussion in 'NameDrive' started by FC Domains, Jun 1, 2007.

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  1. FC Domains

    FC Domains Well-Known Member

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    I've read the T&C a few times and can't decide. Most domains for sale ask for offers, but a few state a price. If you offer the stated price is that still an offer, or must they sell at that price?
     
  2. Domain Forum

    Acorn Domains Elite Member

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  3. paul

    paul Well-Known Member

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    I believe, in law, advertising something at a certain price is just an 'offer to sell', and you are not bound to sell it to anyone until you both agree to the sale, could be wrong tho, wouldn't be the first time. ;)
     
    Last edited: Jun 1, 2007
  4. keys United Kingdom

    keys Well-Known Member Full Member

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    If you offer the asking price, it is merely an offer that the seller may accept or decline. It happens with house sales every day. If you can complete the transaction and obtain an invoice then you have formed a binding agreement.

    It's rare to find domains for sale with real world prices. Searches usually bring up acres of "reg fee" chaff, littered with a few good names at "offers" or totally unrealistic prices.

    Just my opinion.
     
  5. FC Domains

    FC Domains Well-Known Member

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    So there is no difference between a name listed with a price and one that says 'offers'?
     
  6. GWing

    GWing Retired Member

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    true FC, they can back out at anytime up until the registrant is changed, even after payment they can still withdraw.

    your best tactic is to offer below the asking price and work your way up to it. If you offer the asking price straight away, they might get suspicous and raise their price.
     
  7. NameDriver

    NameDriver NameDrive Staff

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    Hi FC,

    Sorry for not getting back. Yes the price shown is just a guide price. It is more solid than 'Make Offer' as at least you have some idea what people are looking to achieve on the domain. As mentioned when we launched, we will be moving into BIN options where the price will be a fixed option to buy the domain at that price.

    Ed
     
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