homepage Welcome to WebmasterWorld Guest from 54.166.122.86
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / WebmasterWorld / Domain Names
Forum Library, Charter, Moderators: buckworks & webwork

Domain Names Forum

    
Company Falsifying Domain Sales Price
Timetraveler

5+ Year Member



 
Msg#: 4565346 posted 6:19 pm on Apr 16, 2013 (gmt 0)

I am trying to purchase a domain from a company that I have investigated and found they falsify domain sales prices by putting out press releases that the domain sold for exorbent amounts of money. It's very obvious because they are the ones putting out the press releases on their own and the websites (half million plus) have not changed in years nor has their website despite being 'sold'.

Is this legal? They are hoarding a bunch of domains under the false pretense that their 'new' price is being based on their false 'sale'.

 

lucy24

WebmasterWorld Senior Member lucy24 us a WebmasterWorld Top Contributor of All Time Top Contributors Of The Month



 
Msg#: 4565346 posted 7:55 pm on Apr 16, 2013 (gmt 0)

Is this legal?

Oh, c'mon, you know better than that :) Depends on their jurisdiction. But I would think you can say anything you like in a press release. Except things that are illegal for some other reason, like provable slander of a competitor. It's not technically advertising. Even if that is its only reason for existence.

Arithmetic is on their side.

Domain registration = $10.
Parking on shared host or your own server = maybe 50c in electricity?
Default* asking price = $1000.
Sell 2% of your domains each year and you come out ahead. Ask a higher price and the necessary minimum percentage plummets.


* If a domain-name dragon contacts me and asks $1000 for a typo domain name, I have to assume that's the default starting bid in the industry.

Leosghost

WebmasterWorld Senior Member leosghost us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 4565346 posted 8:04 pm on Apr 16, 2013 (gmt 0)

A domain name is worth what the successful buyer eventually pays for it..unless they get it via registration or "drop" catch..
( <contented smile>insert</contented smile> )..

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / WebmasterWorld / Domain Names
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved