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Old 23rd May 2010, 04:15 PM
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Re: 3228.com $490 - NOT IDN

Quote:
Originally Posted by bwhhisc View Post
Thanks guys for the information....we are following up.

MORAL OF THE STORY....IF YOU BUY ANYTHING AT GO DADDY:
1) USE ESCROW.COM
2) GET AUTHCODE FROM SELLER AND TRANSFER THE DOMAIN TO ANOTHER REGISTRAR BEFORE RELEASING MONEY.
Not sure if the above are safe and good solutions:

1) There are "Transfer Dispute Resolution Policy" http://www.icann.org/en/transfers/di...cy-12jul04.htm under ICANN where the losing registrar may be able (not sure, have to ask Zak) to get back the name transferred to gaining registrar if the substance of transfer is itself 'illegitimate" because it involves "stolen" goods.

2) The involvement of Escrow.com does not change the fact that the transactions involve "stolen goods", the Seller's info is per whois, so Escrow in their verifying the details of the Seller, may not find problems. So if finally the 'original owner' gets back the name and the Buyer complains with Escrow.com, Escrow.com may still claim they have already performed the due dilgence in good faith without problems, and that Buyer has confirmed receipt of domain names in good order before money is released, and the Buyer will again be referred back to the registrar where the names were transferred out (Godaddy), where Godaddy will not help and even insult the Buyer.

3) Cost issues. Many of the transactions involve amounts not justifying escrow.


So lessons learnt are:

1) As Buyer, think carefully when purchasing names in Godaddy. Think whether the so-called solutions suggested by Godaddy can really help? (e.g. Escrow.com)

2) As domain names owner and seller, may be time to think about a safer place for your names, and a place to reduce Buyer's doubts.

Last edited by MDM; 23rd May 2010 at 04:24 PM..