- All offers and counter offers made are legally binding. Sellers are legally bound if the offer meets the target/buy now price. If no target/buy now price is set, acceptance of the offer is down to the sellers discretion, and once accepted, the seller is legally bound to transfer the domain name. Sellers are also legally bound by the counter offer they submit, and if matched, the domain will be marked as sold.
- Sellers are encouraged to submit domain names with realistic price expectations and upon receipt of an offer that meets their published requirements are expected to follow through and transfer ownership of the domain. Failure to do so will leave the seller subject to legal action to address the breach of the implied contract of sale.
- Netfleet will act ruthlessly to ensure the integrity of this domain name marketplace. This includes banning members without notice, recording and blacklisting IP addresses as well as reporting any legal impropriety to the relevant authorities.
I wonder what would happen if we too got online and offered some of our prime generic names for about $100 and then reneg'ed on any sale.
Believe me, it's been suggested twice in the last 2 days by colleagues we've spoken to.
It's the best free advertising around AND you don't have to honour the sale agreeement, just send an email to the poor, unfortunate buyer stating that you have changed your mind and the deal is off.
Maybe it's time to shake the tree.
Still waiting for some action on this, will keep you posted folks.
K77.
Still waiting for some action on this, will keep you posted folks.
I bought a domain during the week on Netfleet and after 4 days of trying to contact the guy he finally get back saying "Sorry, I didn't really want to sell it...no deal" and dropped me stone, motherless cold!!
Extremely unhappy about this.
“Apologies for the delayed reply, I have been overseas.
An employee of ours added this to domain to Net Fleet by accident without authorisation, I apologise but this domain was not and is not for sale.”
"Sorry, I didn't really want to sell it...no deal"
Given that Netfleet is a free service, you can hardly expect them to pay for legal action on your behalf.
While it's not great from a buyers view, I can see how these things may happen. Even if they had listed it with intent to sell, things can change over time. And with there being no time limit to make sure all listings are fresh, it will happen more and more.
Even if they had listed it with intent to sell, things can change over time. And with there being no time limit to make sure all listings are fresh, it will happen more and more.
If you have a listing on eBay and don't honor it; you get a black mark.