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"Buy It Now", is it safe to have on multiple sites

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Vink

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Hey everyone, hope the week is treating you all well.

Question - is it okay/safe to have a domain listed as BIN on multiple marketplaces simultaneously? (pardon the run-on sentence).
i.e. if I have exampledomain listed at $100 on Sedo, Godaddy, Flippa all at once as Buy Now.

My primary concern is what if someone buys it within a few minutes, on 2 different sites. Seems like a complicated legal/technical situation.

I know I know I should focus more on is my domain even sellable, but, I'd like to know my options to get me there.

Thanks all!!
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
You will only be throwing your Integrity to the floor if you are not able to deliver to the other party who also clicked the BIN button.

This will make you look like a scammer or a joker which might get you reported and a sanctioned on the forum might follow suit.

Except you can provide proof of your claim.
#MyOpinion
 
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Some people put BIN everywhere, but this is not professional and might get your account permanently banned if you fail to deliver the domain. So, I would choose only one marketplace to use BIN, and put "make offer" on the rest.
 
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Just to point out something, if it is on sedo, sedo mls premium should list it on the major registrar sites already as being for sale, so if it sells on one it's automatically gone. However Flippa is not on the sedo mls as they are not a registrar so if it sells on Flippa just delete it from the other places you listed it. The odds of it selling in multiple places at the same time are unlikey but not impossible. I hope this helps :)
 
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If the some one is interested in your domain, he will make an offer, so it is wise idea to put BIN at one site and Make an Offer at others.
 
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Yes this is definitely a no when it comes to putting the BIN all over the place. When you want to have the domain in multiple market places the best way to go will be to just put them as make offer this way you can negotiate with people without having to deal with this issue.

The make offer option will also gives you a lot more interested people that you can negotiate with, the BIN option is cool but can turn some people away if they feel the price is too high.

So for example let's say I have the auction on Flippa I can still have it everywhere else as make offer. In case the Flippa option flops and I have some other interested people. This is definitely the professional and best way to go about it while still benefiting from having it in multiple market places.

- Will
 
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You should only add BIN at one platform and make it "make offer" at others. I know the probability of two people buying the same domain at two different platform at the same time is almost negligible but still it's not impossible.You can lose credibility among the buyers and fellow domainers.
 
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In my experience having multiple sites with a BIN has never been an issue for me.
I have received multiple bids from Make Offer at the same time, but it turned out to be the same bidder, causing some headaches for me when a brokers got involved...

That is of course assuming you haven't priced your domain so low that it's a steal. Like a lll.com for $1k...

Of course, don't do it when you have an auction with no reserve...
 
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Yo peeps! Just wanted to say thanks for all the insightful comments. Wow, I've done so much reading in the past 2 months, that now when I look at my question my thoughts "what a newbie, he better not put BIN on more than one place at once"

haha thanks again.
Vinny
 
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Its extremely unlikely that you will get 2 separate bin offers on the same domain on different platforms in one day IMO.
 
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