Domain Buying Tips from Monte Cahn of Moniker

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[...] Bad for Business Domain Buying Tips on Chris Pirillo Show by Bret Fausett at 03:20PM (PDT) on September 6, 2006  |  Permanent Link  |  Cosmos   |  Digg This Catching up on some podcasts today I thought an episode of The Chris Pirillo Show was worth passing along: Domain Buying Tips from Monte Cahn of Moniker (direct link to the mp3 file here). Chris and Monte talk through the initial registration market, the after-market, and the dropped/deleted names market. If you thought there was just one market for domain names, you’ll want to listen in. Interesting stuff. Keywords:  domains [...]

[...] Catching up on some podcasts today I thought an episode of The Chris Pirillo Show was worth passing along: Domain Buying Tips from Monte Cahn of Moniker (direct link to the mp3 file here). Chris and Monte talk through the initial registration market, the after-market, and the dropped/deleted names market. If you thought there was just one market for domain names, you’ll want to listen in. Interesting stuff. [...]

[...] [...]

I am glad that you interviewed my favorite domain icon, Monte Cahn.
There is nobody on the internet who could get anyone as excited about developing their domains …and quite frankly create interest in the internet in general as Monte Cahn.

Great work Chris on getting such a great guest.

Jody Weissler
CEO Teachtopia.com

[...] Domain Buying Tips from Monte Cahn of Moniker [...]

[...] Domain Buying Tips from Monte Cahn of Moniker [...]

[...] Domain Buying Tips from Monte Cahn of Moniker ~ The Chris Pirillo Shownbsp; [6:57m]: Play Now | Play in Popup | Download podPressPlayerToLoad(’podPressPlayerSpace_426 Moniker is one of the leading companies in the space of buying and selling domain names. [...]

The Original Ripoff Report Title:
Moniker.com / DomainSystems, Inc. / Oversee.net / SnapNames.com / Monte Cahn Internet Fraud / Domain Name Hijackers / Deceptive Trade Practices / Breach of Contract / Misrepresentation / Bad Faith Pompano Beach Florida

The Original Ripoff Report Text:
Moniker.com. These people run Domain Name Auctions, but they are not to be trusted as they are deceptive, do not abide by their own Terms and Conditions as publicly displayed on their website, and will not honor their Exclusive Right To Sell Agreements, and are bad faith actors. Their Escrow and Auctioning licenses should be suspended, or revoked, for deceptive trade practices and breach of fiduciary responsibility. ICANN should also investigate their practices and, as result, suspend or revoke their Registrar status.

On May 23, 2008, through one of their auctions, representing themselves as the new owners of a domain they purchased from me for $16,500, $14,025 net to me, they had sixty (60) days to make payment and transfer the funds to me. Despite several Notices sent to them subsequent to the contract expiration, receipt which were acknowledged, to either extend in writing their Exclusive Right To Sell Agreement or make the required payment, as called for in the Agreement, they have refused to do so. They have hijacked my property!

I have identified another transferee for the domain, but I am being financially damaged by their refusal to release my domain from their Escrow Account. Monte Cahn actually made the outrageous claim that there is no time limit on their process, contrary to our written Agreement, and what anyone would view as a violation of Federal, State, and Local Business Law Statutes. In good faith, as they had requested, I promptly transferred the domain to their Escrow Account, and they were supposed to also act in good faith and transfer the funds to my personal account. Although their website clearly states that the Seller is protected because they “guarantee” that the Buyer has the funds, this is a deliberate deceptive misrepresentation to lure Sellers into their scheme of hijacking domains, as what has happened to me.

Additionally, they do not act or communicate in good faith or in a timely manner. In my opinion, they are bullshitters, plain and simple, and are forcing me to seek legal recourse in order to have payment made to me for damages, plus fees and costs for recovery. Do Not Do Business with these companies. Do Not Place Your Domain Names in their Auctions. You will be exposing yourself to unnecessary risks. They are not to be trusted, and, like me, you may very likely be RIPPED OFF!

I completely agree. Don’t use Moniker. They *really* do suck, and are criminals at best.