Domain Scam

This is another Domain name Scam I got after I tried listing my domain for sale with a few sellers.  Scammers are getting better at it. Just when I thought I had seen all sorts…………


Our client offers a good price for your domain. Please email us your desired price in USD or euros.
Moreover, they can also pay all escrow fees if necessary. If you have other names for sale please email us for consideration.

Can we get your answer this week if possible?


Jerome Miller
Web Name Business Corp.

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So I reply to him with US$ 6K asking price. He gets back to me with a counter offer of US$ 5.9K. The Catch – I have to get an appraisal done.

> From: “Jerome Miller” <>
> Date: Wed, 19 Jan 2011 02:47:59
> To: <>
> Subject: Re:
> Can you accept 5,900 USD?
> Our client has a 20,000 USD budget for several names. Have you had your
> domain names evaluated by certified valuation experts in the past? Even if
> your domain has no web site it’s possible to appraise it. Without a
> valuation certificate our client cannot be sure in the sale price.
> Moreover,
> our accountant and tax services always ask for valaution certificates. On
> the other side, it’s very important for him in terms of reselling too. Of
> course, we must engage an independent valuation company with a real manual
> service. So I will only accept valuations from independent sources our
> client trust. We don’t have certified experts in domain valuations and use
> independent reliable companies for appraisals.
> To avoid mistakes I asked domain experts about reputable appraisal
> companies. Please check this blog with suggestions from other sellers and
> buyers:

> If, for example, the valuation comes higher you can adjust your asking
> price
> accordingly..
> After you send us the valuation via email (usually it takes 1-2 days to
> obtain it) we’ll continue the process. Do you sell domain with a web site
> or
> just the name? Domain without content is ok with me. Web site is not
> necessary.
> What is your preferred payment method:, International wire
> transfer, or something else?
> Hope we can come to an agreement fast.

> Looking forward to your reply.

I told him I will take US$ 5K. $ 900 less than what he has offered. Let the client use these $900 for the appraisal. Guess what ? ” We don’t spend a single penny without independent valuation” lol.
I see, but it’s a standard practice to show independent valuation tobuyers/resellers. Nobody will do business without it. I’m a businessman and have no intention of changing rules which help both parties to avoid additional risks.

Of course, investors never take into account auto-generated valuations. So manual valuation is a “must” too.

I read the following information about appraisals at:

Without the independent valuation from a trusted source we don’t spend a penny. This is our financial policy. So our offer is just a rought estimate. If the appraisal comes higher we are ready to offer a bit more. If it comes lower we will discuss the price with you again.

Thank you for understanding. I’m looking forward to doing business with you.