Yesterday we wrote about domain names related to Kim Kardashian and Kayne West’s rumored baby’s name and pointed out some recently registered domain names, who owned them and what was being done with the domains.
One of the domain name we pointed out was kaidencedondawest.com, which yesterday was registered under privacy and listed for sale at Bodis.com
Yesterday, after reading our story one of the readers of TheDomains.com went to the domain, bought the domain name which was listed for a Buy it Now (BIN) price of $100 and paid for the domain.
Today the reader got this email today from Bodis:
“”Unfortunately, the seller has had to cancel the sale. ”
“Your account has been refunded.”
“Sorry for the inconvenience and thank you for using Bodis!
Regards,
Jackie Parkinson
Bodis – Our domain is your domains
Phone: (877) BODIS-44 ext 802
Email: [email protected]
Skype/AIM: JackieBodis
Web: http://www.bodis.com”
Just to be clear the buyer had paid for the domain yesterday.
Today he was refunded.
After he received the email from Bodis.com, the buyer noted that the Buy It Now price had been raised to $1,000
Several minutes later the buyer wrote TheDomains.com and let us know that the price had been raised to $1,000,000
Yes the priced of the domain, on a buy it now basis was raised from $100 to $1,000,000 in less than 24 hours.
We reached out to Bodis who informed TheDomains.com that they did not own the domain name and the domain was listed by a client who refused to transfer the domain.
In response to an email we sent to Bodis about the matter, Matt Wegrzyn the CEO of Bodis said:
“”‘The domain that was listed for sale is not owned by our company. ”
“We are a parking company that lists domains for sale on behalf of our customers (similar to Sedo, and other parking/market companies). ”
“The seller simply refused to go through with the sale & transfer the domain so we have no choice but to cancel the transaction.”
“We only act as the escrow agent between the buyer & seller.”
“Hope this explains it.”
Well IMHO the explanation is not good enough.
A marketplace has to stand behind the transactions both from the buyer side and the seller side or it ceases to be a marketplace, it loses all credibility and that is all a marketplace has.
If a domain is listed on a buy it now basis and a buyer buys the domain and makes payment then the platform needs to make sure the domain is transferred to the buyer at the listed price.…
