Is GoDaddy encouraging Premium Domain tasting?
According to a domainer complaining over at DNForum about a sales reversal at GoDaddy, there’s something fishy going on at GoDaddy’s premium domains marketplace.
The domain owner sold a domain through the so-called GoDaddy premium domain auctions.
The seller was waiting for the funds to hit his account, while the buyer took control of the domain and its traffic.
Five days later, GoDaddy reversed the transaction and canceled the sale, thus never sending any funds to the seller who simply regained control of the domain – all this without any warning or explanation.
This situation reeks of an attempt to obtain a valuable, high traffic domain for several days and test it out; sampling or even exploiting its traffic.
Apparently this happens often at GoDaddy’s premium domains marketplace – it’s probably a new method of domain tasting.
Whether this is an organized attempt to profit from other people’s domains via this loophole waits to be seen, in the meantime Sedo seems to be the best choice with regards to selling off domains to the general public.