IDN Forums - Internationalized Domain Names  
Home | Advertise on idnforums | Premium Membership

Go Back   IDN Forums - Internationalized Domain Names > IDN Discussions > General Discussion

General Discussion Feel free to talk about anything and everything in this board.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 9th May 2007, 07:47 AM
Junior Member
 
Join Date: Oct 2006
Posts: 90
iTrader: (0)
Rep Power: 482
charley is an unknown quantity at this point
Talking Brokering Domains

How can I make the deal between the buyer and the seller?

I don't want the buyer or seller to directly contact and therefore RIP me off with the broker commission.
Reply With Quote
  #2 (permalink)  
Old 9th May 2007, 07:51 AM
jacksonm's Avatar
Senior Member
 
Join Date: Feb 2007
Posts: 3,843
iTrader: (26)
Rep Power: 984
jacksonm is on a distinguished roadjacksonm is on a distinguished roadjacksonm is on a distinguished roadjacksonm is on a distinguished roadjacksonm is on a distinguished roadjacksonm is on a distinguished road
Send a message via MSN to jacksonm Send a message via Skype™ to jacksonm
Re: Brokering Domains

Quote:
Originally Posted by charley
How can I make the deal between the buyer and the seller?

I don't want the buyer or seller to directly contact and therefore RIP me off with the broker commission.

There is only 1 failsafe method: make the domain owner transfer ownership of the domain to you during the broker period, with some sort of contract in place, of course.

.
__________________
.
Reply With Quote
  #3 (permalink)  
Old 9th May 2007, 08:07 AM
Junior Member
 
Join Date: Oct 2006
Posts: 90
iTrader: (0)
Rep Power: 482
charley is an unknown quantity at this point
Re: Brokering Domains

Quote:
make the domain owner transfer ownership of the domain to you during the broker period,
Can that actually take place? How can the seller be assured that I won't run away with it


Quote:
with some sort of contract in place,
What happens if myself and the seller are in different countries ?
Reply With Quote
  #4 (permalink)  
Old 9th May 2007, 08:10 AM
jacksonm's Avatar
Senior Member
 
Join Date: Feb 2007
Posts: 3,843
iTrader: (26)
Rep Power: 984
jacksonm is on a distinguished roadjacksonm is on a distinguished roadjacksonm is on a distinguished roadjacksonm is on a distinguished roadjacksonm is on a distinguished roadjacksonm is on a distinguished road
Send a message via MSN to jacksonm Send a message via Skype™ to jacksonm
Re: Brokering Domains

Quote:
Originally Posted by charley
Can that actually take place? How can the seller be assured that I won't run away with it

What happens if myself and the seller are in different countries ?

I am not a lawyer, and certainly not your lawyer. If you want to do this type of business, I suggest hiring a lawyer with international business experience to help you draw up the contracts, etc.

Logically speaking, however, that is the only foolproof method, because the buyer can always contact the seller directly via whois information. Even cloaked email addresses in whois will forward to the owner's real address.

.
__________________
.
Reply With Quote
  #5 (permalink)  
Old 9th May 2007, 08:17 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4510
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Brokering Domains

Quote:
Originally Posted by charley
How can I make the deal between the buyer and the seller?

I don't want the buyer or seller to directly contact and therefore RIP me off with the broker commission.
I think you might be getting a bit over excited. Most sensible sellers would not wish to alienate a broker that is providing a useful service, unless the fees being charged were extortionate.
__________________
All offers to sell are void.
Reply With Quote
  #6 (permalink)  
Old 9th May 2007, 08:20 AM
Junior Member
 
Join Date: Oct 2006
Posts: 90
iTrader: (0)
Rep Power: 482
charley is an unknown quantity at this point
Re: Brokering Domains

Quote:
Most sensible sellers would not wish to alienate a broker that is providing a useful service, unless the fees being charged were extortionate.
So you mean that I tell the seller who the buyer is and ask him to pay my share of commission ?
Reply With Quote
  #7 (permalink)  
Old 9th May 2007, 08:23 AM
Olney's Avatar
A.W.O.L
 
Join Date: Sep 2005
Location: Tokyo, Japan
Posts: 2,747
iTrader: (13)
Rep Power: 0
Olney has a little shameless behaviour in the past
Re: Brokering Domains

I don't know about others but I know I'm not transfering over domains to a broker before a contract for a sale is in place. Especially if it isn't a corporate entity.
__________________
テスト中: ベリーダンス : Japan SEM : カードローン
LosAngeles.jp (Not an IDN, yeah I do those too)
Reply With Quote
  #8 (permalink)  
Old 9th May 2007, 08:28 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4510
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Brokering Domains

Quote:
Originally Posted by charley
So you mean that I tell the seller who the buyer is and ask him to pay my share of commission ?
Most business is about confidence. If you do a deal and you get ripped off, then you don't deal again. If you don't get paid your commission, the downside is no greater than if the deal falls through. Most Sellers would not wish to jeopardise the deal over the commission, when there is no clear evidence that they would be able to leverage significantly more out the buyer anyway, and could well scupper the whole transaction. It is all about reputation. I never have to use Escrow. People just send me the cash. Why? Because I am trusted. What is that reputation worth? In a word EVERYTHING.
__________________
All offers to sell are void.
Reply With Quote
  #9 (permalink)  
Old 9th May 2007, 08:34 AM
Junior Member
 
Join Date: Oct 2006
Posts: 90
iTrader: (0)
Rep Power: 482
charley is an unknown quantity at this point
Re: Brokering Domains

RD, I will take your advice and test it for one of the requests. Let's see if it goes well.

BTW, just wanted to know is 15 % of the sale exhorbitant ?

Quote:
What happens if myself and the seller are in different countries ?
Quote:
I don't know about others but I know I'm not transfering over domains to a broker before a contract for a sale is in place.
Olney, what happens here ? How can a contract be written ?

Last edited by charley; 9th May 2007 at 08:36 AM.. Reason: Automerged Doublepost
Reply With Quote
  #10 (permalink)  
Old 9th May 2007, 08:50 AM
Olney's Avatar
A.W.O.L
 
Join Date: Sep 2005
Location: Tokyo, Japan
Posts: 2,747
iTrader: (13)
Rep Power: 0
Olney has a little shameless behaviour in the past
Re: Brokering Domains

I'm saying I personally don't transfer domains to anyone just doing negotiations. After the agreed full amount or agreed first payment is paid, it gets transfered. I don't see a reason for a broker to have the domain while just talking through a deal.

Others might not see it like this but this is how I feel.
__________________
テスト中: ベリーダンス : Japan SEM : カードローン
LosAngeles.jp (Not an IDN, yeah I do those too)
Reply With Quote
  #11 (permalink)  
Old 9th May 2007, 11:22 AM
yanni's Avatar
Senior Member
 
Join Date: Feb 2006
Posts: 2,220
iTrader: (34)
Rep Power: 1152
yanni is on a distinguished roadyanni is on a distinguished roadyanni is on a distinguished roadyanni is on a distinguished roadyanni is on a distinguished roadyanni is on a distinguished road
Send a message via AIM to yanni Send a message via Skype™ to yanni
Re: Brokering Domains

5-10% is the norm, depending on the selling price. The higher the price the lower the com.
Reply With Quote
  #12 (permalink)  
Old 10th May 2007, 07:12 AM
Junior Member
 
Join Date: Oct 2006
Posts: 90
iTrader: (0)
Rep Power: 482
charley is an unknown quantity at this point
Re: Brokering Domains

1. Which service is the best and cheap?

- Sedo Escrow

- Moniker Escrow

- Escrow

2. To get a escrow account to function, is registration the only requirement ?
Reply With Quote
  #13 (permalink)  
Old 10th May 2007, 08:24 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4510
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Brokering Domains

Moniker, I believe. You might also look at IDNBond.com
__________________
All offers to sell are void.
Reply With Quote
  #14 (permalink)  
Old 10th May 2007, 03:22 PM
Junior Member
 
Join Date: Oct 2006
Posts: 90
iTrader: (0)
Rep Power: 482
charley is an unknown quantity at this point
Re: Brokering Domains

Ty RD.

Another question, when the buyer send the payment, should I tell him to send the commission % ge to me and the rest to the seller, as the domain will be with the seller. Will he agree to that ?
Reply With Quote
  #15 (permalink)  
Old 10th May 2007, 04:04 PM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4510
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Brokering Domains

Quote:
Originally Posted by charley
Ty RD.

Another question, when the buyer send the payment, should I tell him to send the commission % ge to me and the rest to the seller, as the domain will be with the seller. Will he agree to that ?
I think this doesn't sound like a good idea. If I were the buyer, it is suggesting to me the you the intemediary do not trust the Seller. If you as a broker are not prepared to trust your Client, then should I really be getting involved at all?
__________________
All offers to sell are void.
Reply With Quote
  #16 (permalink)  
Old 10th May 2007, 06:35 PM
Drewbert's Avatar
Administrator
 
Join Date: Feb 2006
Posts: 6,091
iTrader: (20)
Rep Power: 0
Drewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgy
Re: Brokering Domains

Quite honestly, with the sort of questions you're asking, I don't think you're going to cut it as a domain broker.
__________________
It's all jaded style to me.
Reply With Quote
  #17 (permalink)  
Old 11th May 2007, 06:37 AM
Junior Member
 
Join Date: Oct 2006
Posts: 90
iTrader: (0)
Rep Power: 482
charley is an unknown quantity at this point
Re: Brokering Domains

Quote:
Quite honestly, with the sort of questions you're asking, I don't think you're going to cut it as a domain broker.
Ok, geek,lol !

Do you mean to say that everyone who started out as a domain broker, was an expert at it?

If you aren't interested in assisting keep away from the thread. Simple as that.
Reply With Quote
  #18 (permalink)  
Old 11th May 2007, 06:44 AM
Drewbert's Avatar
Administrator
 
Join Date: Feb 2006
Posts: 6,091
iTrader: (20)
Rep Power: 0
Drewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgy
Re: Brokering Domains

Well, most of the questions youve asked - apart from the bleeding obvious ones that a potential domain broker should have the brains to figure out alone - could have been answered simply by visiting a few sites, and/or google.

That you've taken the lazy option of asking stupid questions here, says a lot about how good you'll be at going the extra mile during a tricky domain sale negotiation.

It sounds like to need to get in a bit of practice selling your own names before going out into the big scary world and doing it "professionally".
__________________
It's all jaded style to me.
Reply With Quote
  #19 (permalink)  
Old 11th May 2007, 07:40 AM
Semi-retired
 
Join Date: Feb 2006
Location: Blighty
Posts: 5,531
iTrader: (57)
Rep Power: 3442
alpha has disabled reputation
Re: Brokering Domains

charley - listen to the geek - he talks sense.


just becuase you read a rags to riches story in DNJ about domain brokering, doesnt mean it is for anyone...

.. if i remember that DNJ story, the guy did come from a sales background anyway - so it was just a case of adapting from one environment to another.

I wish you luck - but don't give up the day job just yet

Last edited by alpha; 11th May 2007 at 07:42 AM.. Reason: Automerged Doublepost
Reply With Quote
  #20 (permalink)  
Old 11th May 2007, 11:01 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4510
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Brokering Domains

Charley, your problem primarily is that it is the likes of Drewbert, Alphas and myself that you need to convince that you have have the market knowledge that makes us want to give you a slice of the cake.
__________________
All offers to sell are void.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 06:31 AM.

Site Sponsors
Your ad here
buy t-shirt
מחיר הזהב

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.0
Copyright idnforums.com 2005

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54