A host mistakenly sold my domain

bigboyporax

bigboyporax

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A host mistakenly sold my domain. I asked them to give me a compensation of $200 which they quickly did. I made them understand that "the $200 was only for a start"

Later on, using an online tool to value the domain I noticed it was worth $300 at the time. Should I just let the case die or should I try to get more money off them?
 
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I would forget about it , others here would not

(just saying what I would do) dont follow my advice , lets see what others have to say
 
Alfie777 said:
do what you want, if you really need that 100$ go get it champ
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I do not worry about the $100

That host reported more than $2 Million in profits last year I think.
 
All depends on if you cared about the domain, the $100 isn't much in the greater scheme - but the idea behind the domain might be worth way more to you.
 
And which host was this? Was the domain expired?
 
buddhiststudent718 said:
I would forget about it , others here would not

(just saying what I would do) dont follow my advice , lets see what others have to say
Click to expand...


yeah, I guess only asking for the value of the domain is another way to forget about it.

I know people who will open a claim and sue for $8k because of this.
 
You played yourself. Domain appraisal isn't the metric you should have went by here.

It was entirely what the domain was worth to you.

Namecheap "lost" my domain name on my dashboard due to a glitch. I was going to hit them for a year's development costs and marketing. Lucky for them that they got it back.

You should have asked for 30k and bargained down from there.
 
BassTrackerBoats said:
If you wanted 300.00 why did you not ask for that initially?
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I did not know it was worth $300. I was not even thinking about valuation at that moment.
I asked for $200 out of a gut feeling. 3 days later, I realised that I could have used a valuation tool online.
When I started using an online valuation tool, I noticed that I had sold most of my domains at a lower than market price.
 
ourfella said:
You played yourself. Domain appraisal isn't the metric you should have went by here.

It was entirely what the domain was worth to you.

Namecheap "lost" my domain name on my dashboard due to a glitch. I was going to hit them for a year's development costs and marketing. Lucky for them that they got it back.

You should have asked for 30k and bargained down from there.
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hahaha you got me. I told them am not done. I clearly stated $200 for a start.
 
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bigboyporax said:
I did not know it was worth $300. I was not even thinking about valuation at that moment.
I asked for $200 out of a gut feeling. 3 days later, I realised that I could have used a valuation tool online.
When I started using an online valuation tool, I noticed that I had sold most of my domains at a lower than market price.
Click to expand...

You always start high as you can go lower but you can almost never win if you start low and then try to go higher.

I'd let it go if it were my domain.

Online valuation tools are rarely correct; in fact I've never seen one that was correct.
 
underachieved said:
And which host was this? Was the domain expired?
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I am not sure if it's a good idea to state the name of the host. I intend to ask for more compensation. It won't be fair to receive compensation while bad mouthing them at the same time. Right ?
 
BassTrackerBoats said:
You always start high as you can go lower but you can almost never win if you start low and then try to go higher.

I'd let it go if it were my domain.

Online valuation tools are rarely correct; in fact I've never seen one that was correct.
Click to expand...

Well, if I asked for more, I've got nothing to lose.
If they said no, I will end up with the $200 I initially got.
However, they've got a lot to to be afraid of. They could loose 300k in a lawsuit, if I pushed it further.
 
Say em some story you was not able to fix things up with 3rd party and that you owe them $1000 now. Ask for that amount. so $1200 total.
They will pay you for sure that amount, no questions asked.
 
BbHhWwVM said:
Say em some story you was not able to fix things up with 3rd party and that you owe them $1000 now. Ask for that amount. so $1200 total.
They will pay you for sure that amount, no questions asked.
Click to expand...


Sounds like a brilliant idea. $1k is small enough that I can believe in. Don't you think they will ask for documentation and proof ?
 
What was their response when you said $200 was just the start?

They may say "no" to more money claiming they paid the reasonable amount you requested.

What is to stop you from asking for $1,000 then when they pay it, asking for another $1,000?

The idea of saying you are trying to recover $1,000 in costs is a good one but you should have a plan of what to do if they say "no" or ask for documentation of your costs.
 
You just make sure you have a good written story, and prepare everything you got to cover up. Like you said earlier, you got nothing to lose. Play a game and if they try to drop price, become a very nervous guy and keep your price at 1k. Keep 3rd party as a major problem that can escale.
 
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