NameJet User’s Frontrunning Email is Bogus
I was observing the conclusion of a private auction I had running at NameJet the other day, when I received the following email from what appears to be a throw away email address:
I have a web name, <domain redacted>, you may be interested in.
Since you already own <different domain redacted>, I thought you may be interested in owning this one as well.
This is over 10-years old and is comprised of premium seo keywords, which makes it very valuable.
My asking price is $2,888 only.
I intend to sell this soon, and have mailed several parties. If you are interested, please reply back at your earliest convenience.
There are three problems I see with this type of bogus email:
1) I own this domain name that was in a private auction, and the person who sent the email did not. Misrepresenting ownership like this is borderline criminal in my opinion.
2) Should someone else have won the auction at a higher price and decided to go out and sell it, he or she may have been hampered by this person’s efforts to sell the domain name at a lower price. Put simply, an end user won’t pay $10,000 for this name if it was offered to him for $2,888 the week prior, even if the original offer wasn’t legit.
3) If the emailer found a buyer who later did not pay, he may not have paid NameJet. In the case of a private auction, the seller and NameJet would lose out.
At the time of the email, the auction was selling for somewhere around $1,000, although the reserve price was not met. I should have agreed to buy the domain name and tried to initiate a transaction at Escrow.com to see who this person is, but I didn’t want to chance ruining my auction with a potential non-paying bidder.
Have you received similar emails to this? What are your thoughts?