General Netfleet Rules
- When listing a domain name for sale, the seller must be the registered domain owner, or have full consent to list the domain name from the registered domain owner. The seller must not provide any false, misleading or inaccurate information regarding the listing.
- When placing an offer on a domain name you will be required to register. Whilst registration allows a user to place offers on any domain name listed within these pages, Netfleet reserve the right to cancel any registration should any improper conduct occur.
- Any offers on a domain name will be considered legally binding should the seller accept the offer. As such, buyers must not make offers without due consideration and be aware that should they not fulfill their side of such a binding contract, the seller may commence legal action to address this breach.
- Sellers are encouraged to submit domain names with realistic price expectations and upon receipt of an offer that meets their published requirements are expected to follow through and transfer ownership of the domain. Failure to do so will leave the seller subject to legal action to address the breach of the implied contract of sale.
- All offers made by buyers for domain names are legally binding. Sellers are legally bound if the offer meets the target/buy now price. If no target/buy now price is set, acceptance of the offer is down to the sellers discretion, and once accepted, the seller is legally bound to transfer the domain name.
- Offers are valid for 30 days. Once 30 days has passed, an offer cannot be accepted, and is no longer binding. We encourage you to respond to all offers as soon as possible utilising the counter offer feature.
- Netfleet will act ruthlessly to ensure the integrity of this domain name marketplace. This includes banning members without notice, recording and blacklisting IP addresses as well as reporting any legal impropriety to the relevant authorities.
- Change of registrant fees should be paid by the buyer, and therefore it's important to consider this fee when placing offers on domain name. This does not apply to offers made prior to 28th December 2008 - the change of registrant fees for those offers will remain the responsibilty of the seller.
- Once a sale is agreed, if funds transfer services are utilised (Escrow, PayPal etc), the fees should be divided equally between buyer and seller. As an example of fees involved, check out the Escrow Fee Calculator.
- All prices on Netfleet are inclusive of GST.
- Netfleet reserves the right to publicise all sales conducted through Netfleet.
- Shill bidding (bidding that artificially increases a listings offer price or desirability), or bidding by individuals with a level of access to the seller's private listing information, is strictly prohibited on Netfleet.
Summary of auDA Regulations
- You cannot register a domain name for the sole purpose of resale or transfer to a third party.
- You cannot transfer your domain name for the first six months after it is registered (this does not apply to domain names that have been renewed or previously transferred). You can apply to auDA for authorisation to transfer within the first six months in special circumstances.
- After six months, you can offer your domain name for sale by any means.
- The buyer must comply with normal eligibility and allocation rules for .au domain names.
- Transfers will be processed by the registrar of record using a standard transfer form, and the registrar may charge a transfer fee.
- Please visit the auDA website for more details. It is the responsibility of both the buyer and seller to become familiar with these regulations.
Netfleet Tips and Recommendations
- Don't price yourself out of the market! If you are are listing a domain name, and choose to add a minimum offer, make it accessible. If you set a minimum offer too high, you risk not attracting any offers at all. A listing with activity is far more attractive to buyers than a listing without. Additionally, setting too high a target/buy now price could deter offers being made on your domain name.
- When placing offers on domain names, be realistic! If you are placing an offer on a highly sought after, premium or generic domain name, bear in mind the target price set, and place a reasonable offer accordingly.
- Encourage offers, and promote your listings. The more exposure your domain name has, the more chances of attracting a buyer. Build links and increase traffic to your listings to get increase your Quality Index.
- Take notice of counter offers. Entice buyers in to increasing their offer with an appropriate counter offer. Counter offers are are not made public, and only visible to the offerer, and the seller.
- Once a sale is agreed, it is highly recommended to check the domain owner WhoIs details in the AU registry before any funds are transferred.
