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Advice needed! Domain that just sold for low $xxx - Just received email offer for $5,000

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Maxwell

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I just recently sold a domain at GoDaddy auctions for low $xxx. It was accidentally listed with no reserve.

Then today I just received an offer from someone for $5,000. I did a reverse whois on the email and their portfolio is worth well over $200k. Many NNN.com's and NNNN.com's.

So of course I'm going to try to cancel this transaction at all cost, but how do I do this? GoDaddy is not just going to let me do it.

The transaction is not entirely completed yet, the domain has been removed from my account, but I have not received the funds yet.

Please give me your thoughts on how I should handle this situation...

UPDATE: Transaction is completed. The 5k offer is legitimate; but new owner isn't responding to emails. I'm moving on.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
It's a good thing you decided to move on. All sort of things can happen in this industry. It's up to us to learn from it.
 
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I also think so that this is kind on trick..
 
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I also think so that this is kind on trick..
 
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If you have agreed on a price, follow through with it, its your reputation on the line, just asking this question is raising some eyebrows Im sure
 
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After TomCarl-
Nothing wrong with trying to broker the offer to the new buyer, and escrow would take the risk out of the deal. Brokers' fees can be part of an escrow. I would start with a 50-50 split of the profit, people usually feel that is fair.

Usually in situations like this there is a way to turn it into something positive with out being dishonest.
 
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