Domain Names For Sale

How would you handle this domain name conundrum?

Earlier this year I backordered a domain name from GoDaddy. It is an important URL to me since it is my name .com (e.g. johnsmith.com )

I e-mailed the owner of it through GoDaddy and he transferred it to me after his registration expired a few days later. This was in May. Ihave since developed the website.

Now he is asking me to give it back to him since he didn't realize I was a different "johnsmith" than he had been working with. I didn't intend to dupe him, he just gave away the URL for essentially free without checking his facts.

Now the other "johnsmith" is mad he lost his rights. I'm very new to domain name sales/acquisitions, etc.

What would you do?

The answer to your question depends on your intent for the domain name.

If you intend to keep it for your continued use, then ignore him. You have no obligation to even reply back at all.

If you are the least bit considering giving it to him, then tell the other party you have every intent to use it for your purposes but are open to consideration. Find out what the other party has to offer, but don't offer any specific figure or state you can sell it to him.

Whatever happens, be sure to document and keep everything. If ever you agree with any of the parties involved, get it in writing if possible.

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