Author Topic: Front running domain name sales - the scam  (Read 25 times)

Offline Baronets

Front running domain name sales - the scam
« on: June 01, 2018, 10:07:15 AM »
Front running domain names is the practice of listing names for sale that you don't own for a high price. Your hope is that you can sell the nme to an unwitting buyer, and after receiving payment, you purchase the name for a lower price via a buy-it-now offer. Another reason for front running is to increase the perceived value of a similr name that you own, and are hoping to sell after receiving a purchase enquiry.

I own the domain name BuyPureGold.com, and I have just received a notification that it has been listed for sale at afternic. This is an image of the sale offer. - http://baronets.com/images/buy-pure-gold-sale.jpg
This has happened to me several times in the past, and I registered a domain name so that I could put a link on my domin sales pages stating that I do not sell names through afternic. This is the page - http://noafternic.com/

So what will I do now? Well I'm not averse to selling the name for a four figure sum, so I will set up a sale or offer page at Name Silo, and add the name to their market place. I will also create a sales landing page for the name. Maybe I can take advantage of this scam.
« Last Edit: June 01, 2018, 10:15:49 AM by Baronets »