Selling hot air is an art for some.
When one buys a house or a car, that means putting down a deposit or making full payment before being able to resell it.
In the world of domaining, it seems that some people have no scruples and attempt to circumvent this basic rule of commerce: unless you own it, you can’t sell it.
The information gathered so far from NameJet – where the domain was won but not yet paid for – DNForum and CAX.com, points to the fact that the domain in question still belongs to NameJet.
And yet, the person who had the highest bid on NameJet immediately set forth to list it for sale on DNForum and eventually CAX.com
Not only that, but they actually admitted not having paid for the domain yet, claiming being “too busy” to wire the money to NameJet. The domain is not in their account or under their control yet.
This act of selling hot air is unethical and the domainer in question deserves public embarrassment for this “wise-ass” approach to business.
In the coming days, we will keep an eye on this transaction and if there is no payment for the domain all info will be revealed.
