Don’t Broker Stolen Domains.. – Domain Magnate

Don’t Broker Stolen Domains..

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In shade of recent events on DNForum, where some stolen domains were sold and others offered for sales and brokered, be very careful when asked to broker domains.

If a newbie member on a domaining forum asks you to broker a premium domain, there is a high chance it’s a stolen domain, otherwise why wouldn’t he do it himself?

Brokering a stolen domain can make you a partner in crime and you might lose your reputation and money.

Here is a recent stolen domains thread on DNF: – Unresolved Namess Sale – with over 10 pages of replies in just a few hours! According to some of the posts the thief sold stolen domains for $100K-650k+ These are also linked to the notorious Iranian theif

So there you go for another little domaining tip on how to avoid scams: be 100% sure the domain is not stolen before agreeing to broker it.

Few more threads with stolen domains:

Sdf.com – 3 Letter.com

oalo.com

QY.com

Mimimise [dot] com

3 Replies to “Don’t Broker Stolen Domains..”

  1. With the risks of doing business on the Internet and the complex issues with buying and selling domain names it only makes sense to use a domain broker to assist you. Selling a domain name seems like it should be easy, but there are many questions to ask about with this process. What should the price be? Should I pay for an appraisal first? Where should I get the appraisal done? Where should I list the domain names to be sold? how do I advertise my domain names? How do I get paid when I sell my domain names? What if I have a buyer that is not in my country? What payment options are safe? How expensive is it to use an escrow service> What is Escrow? How can I tell if the domain name I am buying was stolen from someone else?

    As you can see there are many things to know and many decisions to make in the process of buy domains and selling domains. While no on likes paying high fees for snooty consultants, there are time when it makes sense in the long run to get expert advice when you want to buy or sell domain names.

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