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  1. #1
    Join Date
    Sep 2002
    Location
    Gold Coast, Qld, Australia
    Posts
    6,985

    Beware of appraisal scams.

    If you receive offers for domains in the following format or similar and use the service, you are likely wasting money.

    Hello,

    Are you still interested in selling your domain name? I saw it listed for sale.

    Did you get offers from other people?

    I need to know your desired price. Please don't ask to make an offer. Just email the desired price.

    I run a software company. We develop client-server systems and databases in Oracle for a local company. Buying and selling domain names is not my main business. Just another way to invest money and make additional income.

    Best regards,
    Peter Stichbury, Ph.D.
    President
    Back Office Net Solutions

  2. #2
    Join Date
    Sep 2002
    Location
    Wales (UK)
    Posts
    24,745
    The m.o. the scammer uses is to fake interest but require that you take out some kind of paid service - either an appraisal or some kind of history/theft check from companies they recommend. They then tend to list "expensive" services from well known companies and lower priced services from other "companies". They own the lower priced companies and work on the principle that price will win out.

    If you pay for the service, the interest disappears and they hope you just put it down to a timewasting buyer not an orchestrated rip-off.
    When using google for counts - use double quotes for usage counts for multiword terms and set "match type" to "exact" for all search volume lookups. Click here for more info

  3. #3
    Join Date
    Nov 2005
    Location
    Michigan
    Posts
    203
    Thanks for the tip, it's a shame there is so much human garbage out there. The laws of the universe will get them eventually.
    Those that are willing to give up their freedoms for perceived safety lose both.

  4. #4
    Join Date
    Nov 2004
    Location
    Vancouver, B.C., Canada
    Posts
    431

    Matt, thanks

    Hi, Matt

    I am very happy to have written to you for advice about the offer I got today. So, it turned out to be our scammer!

    Wouldn't you think that he would at least change his name and email as the years go by?

    It is good I discovered you and this site a few months ago.

    All the best,

    Claire
    A Management Consultant specializing in Hospitality operations, people management, employee motivation, and customer service
    http://www.easytraining.com

  5. #5
    Join Date
    Dec 2005
    Location
    Fort Lauderdale, FL
    Posts
    7
    Luckily, I just found and joined DomainState. Good thing I did and read your post, Matt. I just received the following email -

    Hello,

    Are you still interested in selling your domain name? I saw it listed for sale.

    Did you get offers from other people?

    I need to know your desired price. Please don't ask to make an offer. Just email the desired price.

    I run a software company. We develop client-server systems and databases in Oracle for a local company. Buying and selling domain names is not my main business. Just another way to invest money and make additional income.

    Best regards,
    Steven Sinofsky Ph.D.
    President
    Back Office Engineering

    ----------

    The guy's address is sinofsky@bonbon.net, but I'm sure that he has camouflaged himself so as not to be found. Too bad scammers and spammers aren't hunted down and arrested more. The more we complain to politicians, the more they will be.

    Thanks for the warning, Matt!

    Regarding domain appraisers, I've found that most appraise domains too low or too high. Can you recommend pros who appraise more accurately?

  6. #6
    Join Date
    Sep 2002
    Location
    Gold Coast, Qld, Australia
    Posts
    6,985
    Originally posted by webviking
    Thanks for the warning, Matt!

    Regarding domain appraisers, I've found that most appraise domains too low or too high. Can you recommend pros who appraise more accurately?
    Yup, that's him, glad you found the site prior to wasting your hard earned cash.

    Appraising names isn't an exact science, though if the name has income and traffic stats history it becomes a little easier when appraising a price for sale to domainers. Rarely, on this board, are names appraised at end user prices.

  7. #7
    Join Date
    Sep 2002
    Location
    Gold Coast, Qld, Australia
    Posts
    6,985

  8. #8
    Join Date
    Dec 2005
    Posts
    17
    I have been in this for about only 2 months and got one also. Thank you

  9. #9
    Join Date
    Nov 2005
    Location
    New Jersey
    Posts
    15
    I'm new to the domain game and I'm sorry to say that I got hit by the unknown scammer as well. Same email: Are you still interested...... He said he was interested in one of my domain names WORLDOIL.US, the appraisal that I got from alldomains.com was $16,500. He did list this site as one that he thought was a quality company and then he agreed to pay for another after I said that I would stand by the one given by alldomains. His appraisal came in at $14,000 so when I said I would come in under both and sell for $13,500 suddenly he got cold feet. I wonder why? We must all learn from our mistakes and grow, God will deal with him. For everyone else let's have some fun and make some money. God Bless.

  10. #10
    Join Date
    Sep 2002
    Location
    Gold Coast, Qld, Australia
    Posts
    6,985
    Originally posted by minorconcepts
    I got from alldomains.com was $16,500. He did list this site as one that he thought was a quality company and then he agreed to pay for another after I said that I would stand by the one given by alldomains. His appraisal came in at $14,000 so when I said I would come in under both and sell for $13,500 suddenly he got cold feet.
    It's a shame you've been conned out of your hard earned cash but you are living proof of what these scam artists are all about. If anyone had any doubts before, this warning sticky was far fetched, they should be cured now.
    Last edited by Matt; 2005-12-24 at 10:21 AM.

  11. #11
    Join Date
    Dec 2005
    Posts
    15
    I got one of these exact same emails today. It's also a bonbon.net email address. This time the name used is Frank Moss, PhD.

  12. #12
    Join Date
    Dec 2005
    Posts
    2
    hey guys.. whats a good place to get domains for good price....
    can i get a couple of recommendation

  13. #13
    Join Date
    Nov 2005
    Location
    Michigan
    Posts
    203
    Hotelier, that question is really not in the right thread but there are big sales going on in the registrar/hosting companies. I've used 1and1 they sell names for 5.99 includes free privacy whois and a basic host package. I just found ipower.com they are having a sale and names can be had for 2.99 with free privacy whois but it's a bit of a pain to set up. Not much included they claim a free parking page but three bucks for a domain, you can't beat that with a stick. At least when I register dumb names it doesn't cost me as much. :-)
    Those that are willing to give up their freedoms for perceived safety lose both.

  14. #14
    Join Date
    Dec 2005
    Location
    North Carolina
    Posts
    301
    I have also been taken by this con artist frome bon bon .net Best regards,
    Mark Fasciano Ph.D.
    President
    BON Engineering the email came in the same exact format i was asked to appraise
    basketballtournament.net at allfordomains.com it wa appraised for just over 14,000 now he claims to want to be my "business partner" live and learn guys
    on twitter? follow me twitter.com/BrianStevens

  15. #15
    Join Date
    Dec 2005
    Posts
    294
    I was tempted to ignore his last reply but in the end I responded to the effect that I will not pay for any valuation service and that if he got an appraisal and knew my asking price then an appraisal from me would be unneccessary. Hi replied:

    I need a proof (independent valuation) that your price is fair. I hope you
    understand the importance of this question.

    Domain sellers always provide buyers with certificates. This is a common
    practice.

    I heard many appraisal companies often made inaccurate appraisals. So I
    cannot accept appraisal from each and every site. I will only accept
    appraisals from independent appraisal companies I know and trust.

    Reading responses from experienced sellers I was impressed by one reply:
    "Many Internet users are not smart enough and popular domain brokers are
    using this fact to make money. They offer them cheap appraisal services. But
    if their customers would have something in their heads they'd understand
    experts could not make a professional research for $15-$20. These appraisals
    are made by machines. Easy money for such appraisers as
    http://www.Afternic.com and several other major brokers that offer cheap
    auto-generated appraisals. In my eyes, all services under $60-$65 are not
    manual and the results are generated by special scripts. I don't trust
    auto-generated appraisals."

    The same is true for GoDaddy and SEDO. Their services are not manual. They
    are just collecting money using their well-known names.

    Thank you for understanding. I'm looking forward to do business with you.

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