RULES RULES RULES RULES RULES + INFO [updated June 3rd, 2023]

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Comments

  • FrankZFrankZ Moderator
    edited March 2023

    @kheng86 said:
    As seen from the case of Stromonic:

    https://lowendspirit.com/discussion/5655/stromonic-now-requires-all-client-accounts-to-be-verified-or-suspension-of-services-may-result#latest

    Hosts must state if they require KYC (passport, bill proving address etc.) when selling their products. After paying, customers shouldn't be bombarded, without prior notice, with KYC threat (if not, your service will be suspended).

    I expect this is already covered under the "Don't take money for services you have no intention of providing" sub section of the "Don't be a dick" rule. Of course please understand that LES is a buyer beware market and rules are not going to change that.

    LES • AboutDonateRulesSupport

  • FrankZFrankZ Moderator
    edited June 2023

    On June 1st, 2023 the following changes were made to the Domain Sales rules:

    Before:

    • Domain sales are fine but please use the Domain Sales Category it is logged-in user access only i.e. not indexed by google.
    • Domains must have been registered for a minimum of 60 days.
    • Maximum starting bid is $7 or you can specify a BIN (not both)
    • 7 days between offer posts.
    • You can set a hidden reserve on your domain by PM'ing me the domain name and the reserve prior to posting the sale, you must make it known that there is a reserve though.

    After:

    • Domain sales are fine but please use the Domain Sales Category it is logged-in user access only i.e. not indexed by google.
    • 7 days between Domain Sales threads.
    • Domains must have been registered for a minimum of 60 days.
    • Maximum starting bid is $7. You can also specify a Buy It Now price.
    • Domain sales threads should include all relevant details including but not limited to, the domain name, current domain expiration date, the starting bid, currency type, payment methods accepted, and auction end date/time including time zone.
    • You can set a hidden reserve on your domain by opening a helpdesk ticket prior to posting the sale.
      Please include in the ticket your username, the domain name, the reserve amount, and if there is a BIN, the BIN price. The reserve price cannot be more than the BIN price.
      You must make it known that there is a reserve price in your Domain Sale thread.

    • If a seller has a reserve price, bidders and seller have no obligations when the highest bid at the end of the auction does not meet the seller's reserve price.

    • An auction bid is not retractable. Be sure you want the domain before you bid.
    • Failure to follow through with the purchase by the winning bidder, or seller, of a Domain Sale auction will result in a temporary or permanent barring from future domain auctions.
    • Auctions, once started, cannot be terminated early without approval by LES staff.
      Auctions with valid bids cannot be terminated early.

    • Failure to abide by Domain Sales rules will result in a temporary or permanent barring from future domain auctions.

    EDIT: On June 3rd, 2023 the following rule was added.

    • If a seller has a Buy It Now (BIN) price, a bidder can commit to pay the BIN price and end the auction by commenting "BIN" .

    LES • AboutDonateRulesSupport

  • MasonMason AdministratorOG
    edited June 2023

    Server/service transfers now have a dedicated category on LES and some more explicit rules.

    Added 2 June 2023:

    Service Transfers

    • Transferor must be a member of LES for a minimum of 3 months with 10 (non-spammy) posts (comments or discussions).
    • Transfers are buy at your own risk. LES will not play a mediating or facilitating role during the process. Due diligence is a must.
    • Service transfers must be allowed by the provider, and completed in accordance with the provider's guidelines for transfer. Changing the account information without the providers knowledge as a method to transfer is not allowed.
    • Transfer threads should include all relevant details including but not limited to -- price, best offers allowed, who pays transfer fees (if any), payment types accepted by transferor.

    Head Janitor @ LES • AboutRulesSupportDonate

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