When I agree to a negotiated deal on a platform like Dan or Sedo, I have always held the expectation that the payment will be made ASAP. If a buyer did not pay within a couple of days – maybe a day or two longer if it was a large sale – I would ask Dan to cancel the transaction. Perhaps I should be more forgiving.
Within the past couple of months, I have dealt with two counterparties that didn’t pay immediately. Subsequent payment reminders appeared to have gone unanswered. Because communications between buyer and seller cease once a deal is reached, I couldn’t communicate directly with the buyers on the platform. Instead of asking Dan.com to cancel the deals, I connected with these people on LinkedIn.
In one case, the buyer didn’t realize the payment was needed immediately. After exchanging a couple of messages on LinkedIn, the buyer paid and the deal was quickly completed. On a second deal, I reactivated LinkedIn Premium to send a message to another buyer. He told me his payment had been sent. For whatever reason, there was a banking issue that stopped the payment, but it was completed a few days later.
I go back and forth with LinkedIn Premium. I don’t find the features to be all that beneficial to me. In these cases, having a LinkedIn Premium account helped me connect with buyers at Dan.com.
dan is having serious issues collecting payment, they do not accept amex, and many buyers are getting flagged for fraud by their cards. Lots of sales are being lost, of course godaddy asleep at the wheel
Decisive no longer use DAN