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NetSol introduces "Certified Offer Service"

Another NS rev booster lets you pay to make an offer to buy a domain

6:12 pm on Jun 3, 2004 (gmt 0)

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joined:July 24, 2002
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NSI will now let you make "anonymous" offers to buy an already registered domain. They charge $19 just to make the offer (doesn't include the offer price or other transaction fees.)


Just heard about it via email...

10:59 pm on June 3, 2004 (gmt 0)

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WebmasterWorld Administrator webwork is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:June 2, 2003
votes: 21

If you build it they will come

In this case the person looking to buy a domain should first check the terms of their Living Will, for I fear anyone paying to make an offer is certifiably brain dead, which could result in friends pulling their plugs once they learn of this behavior.

12:38 am on June 4, 2004 (gmt 0)

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joined:Dec 13, 2002
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It's a good idea, in some respects. It proves that the person making the offer is genuine (in that they were willing to spend $19 for a "chance" at presenting the offer to you) and NS has their credit card/banking details so the prospect of fraud is lowered.

From a buyer's perspective, this may be a more professional way of disguising their identity than hiding behind Hotmail or other free email accounts and playing dumb about their company name. For a busy executive, the time saving alone of not having to keep checking a free account that's used for no other purpose than disguising their identity for a domain purchase approach may be instantly "worth" $19.

From a seller's perspective, there's the slight anti-fraud reassurance I mentioned above, plus there's at least the hope that you're dealing with somebody so inexperienced in domain matters that they're incapable of doing a Whois lookup - in other words, easy pickings... Also, unlike Sedo or other domain sales venues, the BUYER automatically picks up the transaction costs in this system, meaning that the seller can bank 100% of the offered amount.

3:47 pm on June 4, 2004 (gmt 0)

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joined:Oct 23, 2002
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Most people *way* over value their domain names and when confronted with someone interested in their name it will only solidify their belief.

Expect the $19 to be well wasted money.


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