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Domainlore charging 5%

Discussion in 'General Board' started by LCHappy, Aug 23, 2019.

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  1. RobM

    RobM Retired Member

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    No the public auctions are, and will remain, free. That way nobody can moan at me :) If you want your limit increased PM me.
    Also I have an xml feed with the auctions if people want it for whatever reasons - PM or email me.
     
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  2. Domain Forum

    Acorn Domains Elite Member

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    IWA Meetup
     
  3. armistice

    armistice Active Member

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    Dragging up an old thread, but in case you haven't noticed

    There has been a change to the auction rules for Hidden gems with the addition of this:

    *Submissions which were automatically (immediately) accepted for 'Hidden Gems' without undergoing manual approvals could be considered premium for the purposes of 5% selling fee if they should have been classified for Spotlight in the first place.

    I think we can guess which domain prompted this ;)
     
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    Last edited: Oct 29, 2019
  4. ian

    ian Well-Known Member

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    Yup, that specific domain was submitted for spotlight, then cancelled and resubmitted for hidden gem instead. I guess he spotted an opportunity. I've been charged for some hidden gems considered spotlight, which I don't begrudge paying, though the terms hadn't been changed at that point; so glad they have now.
     
  5. armistice

    armistice Active Member

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    The problem is going to be who (and we already know the answer to that) decides if a hidden gem "should have been classified for Spotlight in the first place."

    Is it based on final value (if so why not just add this as a specific amount) or just the judgement of the site owner?

    Considering the line just above the new entry states:
    "We encourage quality of the listings and this allows sellers with a good inventory to enjoy free listings and fee-free sales."

    I does seem contradictory.
     
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  6. ian

    ian Well-Known Member

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    It does seem as if it needs a complete re-write tbh. I'm grateful platforms such as DL exist, and has proven very profitable for me, so my comments are to offer constructive criticism only, but having a single person responsible for determining the quality of a domain has never felt quite right, though I appreciate it is designed to prevent clutter; but with this new term, the final bid price might determine what is considered 'spotlight' rather than the actual quality; I think hidden gems need to be re-categorised within the first 24 hours before this is a major consideration.
     
  7. armistice

    armistice Active Member

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    I'm only trying to flag this change up so everyone is aware, I'm grateful DL exists too.
     
  8. Ben Thomas

    Ben Thomas Well-Known Member

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    That's VERY grey writing. I don't think that's acceptable to be honest. Terms and Conditions need to be clear cut, not "If your domain is a hidden gem but sells for lots of money - I want in".
     
  9. LCHappy United Kingdom

    LCHappy Active Member

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    I don't know the site owner, but I get the feeling that the person won't use the terms to sue anyone in court. They seem to be more this is the spirit of the terms, if you break them then you won't use the site again. If that is the case then it appears fair enough, the aims at what he is trying to get at is transparent.

    I haven't visited the site in a while, the quality of names for sale seems to have dropped a bit. I used to look out of habit most days, nowadays I can go weeks without looking.
     
  10. aZooZa

    aZooZa Well-Known Member

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    Remember that DO's native language is not English. I think that's why many submissions aren't categorised correctly; i.e. primes demoted to 'gems' etc.
     
  11. Admin

    Admin Administrator Staff Member

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    The owner is an egomaniac which you will find out if you ever have reason to question 'anything'
     
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  12. Ben Thomas

    Ben Thomas Well-Known Member

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    I'm confused how "edinburghproperty.uk" got Spotlight approval and then didn't sell :D. Domainlore is confusing most of the time. Also, let me address someone's quote

    I wasn't thinking about Deny's taking people to court, I was thinking about site users taking Deny's to court. Terms and Conditions are there for a reason, so business and customer each know where they stand LEGALLY and MORALLY. If these are changing on a moments notice, using grey writing or otherwise underhand tactics, I think that's a red flag. The Consumer Rights Act has this to say about grey writing:

     
  13. stitchbob

    stitchbob Active Member

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    I suspect the vast majority of DL sellers are using the site in the course of a business, so the Consumer Rights Act wouldn't apply.
     
  14. LCHappy United Kingdom

    LCHappy Active Member

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    But what would you want to take legal action against him for? He's not withholding any of your money at any point. What I mean is, at no point in the service does he owe the seller anything for them to try and go to court to take back.
     
  15. Murray

    Murray Well-Known Member

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    You should know before publishing the auction live whats going to happen fee wise, it can't just be left to the platforms discretion

    What's the best/easiest way of doing that I don't know - DL having to manually review every auction or maybe any listing that goes beyond x amount will incur 5% fee
     
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  16. Ben Thomas

    Ben Thomas Well-Known Member

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    This.

    Also, if you are acting as a business on DomainLore, the Sale of Goods Act 1979 still applies. Secondly, there's nothing in the Terms and Conditions that bidders must act as a business, so henceforth anybody who bids may act as a Consumer and be covered by the Consumer Rights Act, whether or not Deny's thinks he's safe sat in Malta. Also, if you are indeed banned for not paying these questionable invoices, I believe if one took DomainLore to court, the courts would see this as unfair business practices. They're essentially extorting money from people and holding your account to ransom. Not cool.
     
  17. ian

    ian Well-Known Member

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    Denys is in Malta?
     
  18. diablo

    diablo Well-Known Member

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    This is all getting a bit confused.

    Even if a buyer was covered by the Sale of Goods Act, it isn't the buyer that pays the commission. Plus when did Denys move to Malta?

    I think we can all agree the terms as they stand are unfair. All that's needed is something along the lines of "if hidden gem reaches £XXXX at auction a 5% commission is payable".
     
  19. LCHappy United Kingdom

    LCHappy Active Member

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    But what would they force him to do if they find him in the wrong? At no point does he have your money to be forced by a court to hand you it back, unless you voluntarily pay him first in which case why would you be going to court?
     
  20. dee

    dee Well-Known Member Acorn Supporter

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    Indeed. All payments go direct between buyer and seller.
     
  21. LCHappy United Kingdom

    LCHappy Active Member

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    I think that within the coming weeks, everything that is sold on there will come with a 5% charge.
     
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