[SGVLUG] flipping domain names - Re: sgvlug domain name

[Miguel Hernandez]

Very well put, Tom. I knew of the arbitration process but also had no idea
it was that costly.No wonder there's sooo many cybersquatter. :(

--miguel

On Thu, Nov 13, 2008 at 3:45 PM, Emerson, Tom (*IC) <
Tom.Emerson at wbconsultant.com> wrote:

> A little more follow-up -- closer reading of the ICANN policy indicates
> that the COMPLAINANT [that would be us] must pay the "fees" for
> registering a complaint.  Now, when I first heard of this and remembered
> that there was an arbitration process in place, I was under the
> impression that there were little or no fees, and if there was a fee, it
> was relatively small.
>
> According to the website I looked at, the "fee" for a single domain
> complaint is $1,300.
>
> Along with the "grace period" that someone mentioned, it sounds like
> cyber-squatting is a rather low-risk/high-reward business to get into --
> register a $1.99 domain at go-daddy or something, "extort" $100 to
> $1,000, depending on what you think your "mark" will pay, and if they
> pay -- PROFIT :)  [if they decline, go back to go-daddy and say "just
> kidding -- I want my money back"]  Since "no one in their right mind"
> would pay $1,300 or more to force arbitration when you're only asking
> for $100, you're fairly well insulated from arbitration.  (of course,
> when you run into someone who will pay $1300 "for the principle" of
> this, well, then you're out the cost of the domain -- at $2, big
> deal...)
>
> I've sent an e-mail to the National Arbitration Forum (NAF) asking if
> the fee can be "waived" for [effectively] a non-profit group.  I pointed
> out that we'd like to reverse the trend and make the risk greater than
> the reward, but as we don't collect any money, we have nothing to fight
> with...
>
> > -----Original Message----- of Emerson, Tom (*IC)
> >
> > I'm sure this will get some discussion tonight, but in the
> > mean time I'd suggest a look at this page:
> >
> >      http://www.icann.org/en/udrp/udrp-policy-24oct99.htm
> >
> [...]
>
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