Legal Proceedings against me

[bb99]

... but it is English law.

Just to muddy the waters here, don't Sedo's domain sale contracts work to German law?

 

[stellar73]

In my view you had a moral and most probably, legal commitment to sell.
The buyer also had a commitment to buy, within the set time limit of 1 week set by you, provided you give them the stats. Unlike you, they had one possible reason not to complete the purchase, and you gave them the reason.
You didn't give them a chance to honor their commitment.
Reneging on your word because you have a possible better offer is bad business imo.

+ 1, also agree that it's a really stupid move posting the domain name in this thread...best to do the honourable thing and sell at the original price to the first buyer as there's every chance you'll spend more than the difference in legal fees!

 

[D600]

You could plead that sedo made a mistake in communication, I would read up on similar cases and the agreements with sedo and make your own judgement as to what to do.

£3k is a lot so I wouldn't just give up especially when they have just made an offer to purchase, bit I a joke if you ask me and I don't believe their agreements are going to be that binding

 

[Bailey]

From what has been posted here it is clear that no price was agreed. The sellers last requested price was £18.5k. He has assumed that when the buyer asked for analytics the 2nd time this meant they accepted the new price. The buyer assumed that as they had not specifically agreed to the higher price that being sent the analytics meant the seller had accepted their lower price of £15k.
Unless the seller has emailed acceptance of the lower price then this is still questionable.
Besides all this, the seller can withdraw his offer to tender at any point prior to the exchange of contracts or payment.
It isn't nice and it isn't good business behaviour but it is English law.

Yes - in English law "Consideration" = acceptance of payment (including authorised agents) Is the obligation point for a contract of sale

 

[namealot]

Excuse me ? The price agreed was 15K.
I presume E-mails have been exchanged so there is proof there was an agreement to sell at that price, upon conditions that the buyer was not allowed to even begin to satisfy.

Emails exchanged is certainly not proof of a sale or indeed obligation to buy it needs to be verbal or written contract and not implied or conditional via the other side eg I'll buy once i see this or that is not agreement to purchase or an obligation to sell as i read it neither buyer or seller came to full agreement seller said I want this, Buyer said i'll pay this subject to that, Seller says I'll let you look at this but i'm also talking offer from these very messy ?

 

[newly listed!]

Let them have it for £12k and call it quits. next time just ensure not to have the price mess about up and down as its too much of a hassle as you can see. Just have a set price and stick with it.

If sedo worked out the currency conversion wrong would that be their fault initially/liable for their mistake?

At the end of the day, take a step back and look at the £12k cash in your hands and on the table and just think 'thats far more than me paying out £8 per year reg out of my pocket..'

That way your calling their bluff.. If they still refuse at £12k offer and call it a day and bring a close to this matter, you can use that in court as proof of you offering the reluctant opportunity to let it go for the minimum stated price in discussions and then you can prove in court they are causing you unwarranted distress and hassle..

 

[bulkcorn]

Let them have it for £12k and call it quits. next time just ensure not to have the price mess about up and down as its too much of a hassle as you can see. Just have a set price and stick with it.

If sedo worked out the currency conversion wrong would that be their fault initially/liable for their mistake?

At the end of the day, take a step back and look at the £12k cash in your hands and on the table and just think 'thats far more than me paying out £8 per year reg out of my pocket..'

That way your calling their bluff.. If they still refuse at £12k offer and call it a day and bring a close to this matter, you can use that in court as proof of you offering the reluctant opportunity to let it go for the minimum stated price in discussions and then you can prove in court they are causing you unwarranted distress and hassle..

Where's this £12k come from?