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View Full Version : Huge NNN.mobi lot on auction right now at NP!


Dave
09-20-2007, 11:05 PM
Hurry before it's too late...nearly 200 NNNs!
Dave
09-20-2007, 11:05 PM
bid currently at $8000
Dave
09-20-2007, 11:19 PM
sold for $40,000 (but there's a buyout clause, so the sale may not end up going through)
Gerry
09-21-2007, 01:01 AM
sold for $40,000 (but there's a buyout clause, so the sale may not end up going through)You have got to be kidding? Who was the seller?

And what was the buyout clause?
Dave
09-21-2007, 03:48 AM
You have got to be kidding? Who was the seller?

And what was the buyout clause?
It was user "Mobi Cheap," who joined on 9/16 and has all of 2 posts. The buyout clause is NP's standard auction buyout clause for domains with no reserve:


Buyout clause for 'no reserve' aucitons: Seller may opt to use the buyout clause to cancel the auction results by paying the winning bidder a fee of 20% of the winning bid price, capped at a maximum of $6.00 or 300 NP$. Buyout clause does not apply to auctions that meet a reserve price. If you opt to use the buyout clause, please inform the winning bidder as soon as possible.
MobiMaven
09-21-2007, 12:13 PM
The way I read the buyout clause, the seller can elect to use it, but not the buyer. In this case, the seller would be choosing between letting his NNN.mobis go for $40,000, or keeping them and paying the buyer $6.00. So I would guess that the buyout clause won't be an issue. Hopefully the sale goes through....

BTW, I couldn't find the link at NP--could you post?
think
09-21-2007, 03:03 PM
I can't find the thread either. Perhaps it was pulled due to fraud? I don't see user Mobi Cheap listed there unless I am missing it somehow.
Reece
09-21-2007, 03:20 PM
Here you guys go:

http://www.namepros.com/domains-for-sale-make-offer/376239-303-248-165-other-nnn-mobi.html?highlight=mobi+cheap
Scandiman
09-21-2007, 03:34 PM
Here you guys go:

http://www.namepros.com/domains-for-sale-make-offer/376239-303-248-165-other-nnn-mobi.html?highlight=mobi+cheap

Thanks for the link Reece, I wish NP wouldn't delete my links to info at Mobility.:laugh:
think
09-21-2007, 03:46 PM
Thank you for the link as well. Sorry for the speculation.
Dave
09-21-2007, 05:30 PM
The way I read the buyout clause, the seller can elect to use it, but not the buyer. In this case, the seller would be choosing between letting his NNN.mobis go for $40,000, or keeping them and paying the buyer $6.00. So I would guess that the buyout clause won't be an issue. Hopefully the sale goes through....

BTW, I couldn't find the link at NP--could you post?
In that thread, you can see that Mobi-Cheap opted to take advantage of the buyout clause. So, no sale...
MobiMaven
09-21-2007, 05:59 PM
In that thread, you can see that Mobi-Cheap opted to take advantage of the buyout clause. So, no sale...

Gotcha. When I posted, I had skimmed over the fact that this was 200 NNN mobis--I just saw the $40,000 number. At an average price of $200 per, I'm not surprised he took the buyout route.

MM