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Being both an "end user" and a domain "investor", I generally believed that most domain sales were legit. There are many transactions done privately and not reported. But a recent unsolicited domain offering caused me to question the legitimacy of some of the transactions.
A "brandable" domain name I was monitoring, steady increased price over the last couple of years, was "sold" for low 5 figures. 2 days later, I was contacted by a "broker" asked if I would be interested in the domain name for mid 5 figures. The e-mail conversation were very coy and claiming by the broker had no official relationship with the "owner". The timing seemed highly suspicious.
I wonder how many domain name investors actually works using aliases and create "fake" sales to have the appearance of real sales?
How much do you trust the reported sales and how often do you think this is happening?
A "brandable" domain name I was monitoring, steady increased price over the last couple of years, was "sold" for low 5 figures. 2 days later, I was contacted by a "broker" asked if I would be interested in the domain name for mid 5 figures. The e-mail conversation were very coy and claiming by the broker had no official relationship with the "owner". The timing seemed highly suspicious.
I wonder how many domain name investors actually works using aliases and create "fake" sales to have the appearance of real sales?
How much do you trust the reported sales and how often do you think this is happening?