Travis and I bought one of the “stolen” Go names from someone on a Slack Channel. We got a good price on a name we both liked and now its part of the big suit. After we bought the name Travis read a post on NamePros that said it could be stolen. Domain investing is hard enough, the last thing I want to add to it is a lawsuit or have to give the domain back and fight for a refund. We asked Godaddy if the domain had been reported stolen. They said it hadn’t been flagged. We asked the seller and he insisted that it wasn’t stolen. After some discussion, Travis and I felt uncomfortable about having the name and told the seller we didn’t want a name that was possibly stolen. He was nice enough and agreed to give us our money back. Except he had already spent it. He gave us a name worth a lot more than the go name as collateral until he got the money to pay it back.
I’ll admit I didn’t know the seller. Others vouched for him including Travis, but it was my first transaction and it’s never nice to start with a possibly stolen name. People told me he was a “big player” but big players can pay back a few thousand without having to liquidate assets. There was a time where the seller was posting about his great sales and I DMed him and demanded to be paid. If he had such great sales he could pay us our refund. Travis is much nicer about these kinds of things. I didn’t mind the wait but I don’t like someone telling me they don’t have money and then posting about sales that were 4 times what they owe. But we eventually got our money back. Again, he was very nice and professional and did everything he said he would. I was just ready to be done.
The seller of the domain went on to sell that domain for 6 times what we had paid and posted it on Twitter. Travis and I had the same thought. Did we make a mistake not buying the name? Our answer was the same. Selling the name to someone else didn’t make it less stolen. It was one more thing that was going to add to the complication if it did turn out to be stolen. Low and behold a lawsuit comes out saying it is. Officially someone thinks it is. Doesn’t mean it is and the person that sold it to us to this day says it is not and says he will defend this thought in court. He didn’t steal the name, that’s not the claim. Only that he was an owner at one point and now the person that owns it and paid him, is going to come to him for a refund if the courts determine it is indeed stolen. The guy that bought it could also go to the courts saying he was sold a stolen domain. And all of this is the reason why Travis and I ran away from the name as fast as we could. It’s a nightmare drain on emotions, time, and money. Its also the reason why if there is a doubt, get out.
I also wanted to mention that for the first time since Feb I logged in to Namepros to see what was going on. Took me about 15 seconds to remind me why I left. The time would be so much better spent perusing DNAcademy IMO . I’ll check in next Feb and see if its better.
Quote of the Day: “Will you shut up man?” -Joe Biden 2020 presidential debate.
Domain of the Day: CustomGlass.com If you need a windshield for you 1932 Rolls Royce
Park.io Names at Auction or Available for Pickup
Class.to Online class is pretty much a thing now
Mellow.gg Gamers tend to be either over excited or super mellow
Flex.gg Going to do well. Flex with flex
Canna.ly Canna is a pretty big keyword. Should hold some value in dot ly
56.ag I would think a NN.ag would be a good gambling name
Namejet and Sedo & More Domains at Action
Koodi.com No reserve. Short and memorable. Radio test not as good
CMNH.com New Hampshire comes to mind out of the gate
SleepExercise.com Good sleep requires training. A lot of people don’t know this. Training your mind to know its time to sleep and sleep hard
Godaddy Domains With Bids
Stupidos.com You es dumb
OrganicTrading.com Most bids on the Godaddy board today. Organic is pretty much a can’t miss keyword in today’s market
KeyEmployee.com What we’re all looking for
FineArt.net Take the dot net discount
Optimair.com Taken in 17 other extensions. 19 years old
BigIsland.org Used to be the official tourism web site. I really need to buy this one to help build my big island site. Just so much already on my plate
DecayMag.com The backlinks and juice led this to four figures
Ravera.com A last name so it will have things named after the family name
Drixo.com A decent 5L. Under $50 at press time
GrowthFunnel.com aka a marketing funnel which really doesn’t help let anyone know why this one is valuable
SonarMedia.com Hasn’t been very many Media names up for auction lately.
TheKennedy.com Quite a few things named this. 202 sites with versions of this name
DiscountGourmet.com Discount food doesn’t sound so good but then you throw in Gourmet and now its good again.
Godaddy Names With One or NO Bids
The Rest of the Godaddy Names With Bid
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