Reglikedomain industry desk

If a lead comes through a broker, you ought to pay the broker

Give credit where credit is due.

Yesterday I got an email from someone interested in one of my domains.

“I found your domain on BuyDomains,” he stated.

But he thought the price I listed on BuyDomains (via Afternic) was too high and wanted to negotiate. Rather than call BuyDomains to negotiate he emailed me directly.

We worked out a price, and then I changed the price at BuyDomains to what we negotiated and told him to buy it through them.

It could be tempting in this situation to circumvent the marketplace to save on commission. But that would be unethical.

The buyer clearly stated that he found my domain on BuyDomains. So the marketplace is responsible for him contacting me. It ought to be part of the transaction. The same goes for a case in which a broker brings in a lead for you.

Also on the wire

Other reporting from the domain desk.

Cal.com raises $7.4 million following rebrandDomain SalesCal.com raises $7.4 million following rebrandADomain SalesAll LLL.com domain names worth $2 billion, fresh note statesRightside reveals big list of 5-figure fresh TLD sales up to $183,000Domain SalesRightside reveals big list of 5-figure fresh TLD sales up to $183,000Sedo for tourism auction — .NYC choosesDomain SalesSedo for tourism auction — .NYC choosesTechnology firms prevail among recent end user salesDomain SalesTechnology firms prevail among recent end user salesVDomain SalesVerisign buys Weblogs.comClaims Pokemon Go typo receiving thousands of visitors — Flippa sellerDomain SalesClaims Pokemon Go typo receiving thousands of visitors — Flippa sellerLingerie.com as part of divestiture — Walmart soldDomain SalesLingerie.com as part of divestiture — Walmart soldMDomain SalesMonsanto buys domain name for a fresh brand (and other end user purchases)