The Art of Inquiry/Response - Page 4

***Dotmainer*** · 05-25-2007, 02:00 PM

Originally Posted by domainspade

Actually, I look back to see if I undersold it.... lol

... dont look back

Spade · 05-25-2007, 02:07 PM

Originally Posted by zoki

... dont look back

LoL...

But how will I know if I did a good job or not?

Jackie · 05-25-2007, 04:44 PM

Great success story, congratulations on your sale! I think I often cave in a great deal too easily when negotiating.

Do you mind sharing a little more about the domain so I can learn a little more about selecting names?

Such as ... the extension, type of domain (3 Letter, Gambling, Technology, etc.).

Ronald Regging · 05-25-2007, 04:56 PM

Was this a fresh reg, something you saw on a drop list, etc?? Just wondering what your initial motivations were for picking this one up. I like it, don't get me wrong, but it's probably not something I would have thought up on my own to register

***Dotmainer*** · 05-25-2007, 05:09 PM

Originally Posted by domainspade

LoL...
????: NamePros.com http://www.namepros.com/domain-name-discussion/329937-the-art-of-inquiry-response.html

But how will I know if I did a good job or not?

i tell you : "you have done good job"

ok, i think thats a part that you never find out:
maybe if you call them and ask how much they were ready to spent

+- you would not know how much they were ready to spent
+- you would never know does they had alternative names !!
(i'm sure that you know this, but here just listed as suggestion for other domainers)

Originally Posted by slipxaway

Was this a fresh reg, something you saw on a drop list, etc?? Just wondering what your initial motivations were for picking this one up. I like it, don't get me wrong, but it's probably not something I would have thought up on my own to register

Slipx: answer to first part of your question is in first post !

Spade · 05-25-2007, 05:38 PM

At first I thought a NPer had listed it in the expired/available domains section, but it turns out this was a pickup from one of my lists. The domain had expired earlier this year (previously registered as far back as 2001)...

And honestly? Beyond the fact that it was a fresh expired and some other TLDs were taken... I just liked it. It had a ring, made sense, felt very web 2.0.

Those are the things I liked about it. I could see someone using the domain name (and I ususally dont grab "brandable" types... ) but this one just said "reg me!"

So I did...

johntv · 05-25-2007, 05:59 PM

Originally Posted by domainspade

LoL...
But how will I know if I did a good job or not?

Exactly, I always look back and never in 'remorse', learn and move on, that's the best way to handle a next deal even better

????: NamePros.com http://www.namepros.com/showthread.php?t=329937

Congrats on your sale

champ_rock · 05-25-2007, 09:58 PM

well i wonder if this name had come for appraisal in the "appraisal" section then how many of us would have given it anything above "reg fee"

once again proves the point, it is the endusers which matter

Spade · 05-25-2007, 11:26 PM

Originally Posted by champ_rock

well i wonder if this name had come for appraisal in the "appraisal" section then how many of us would have given it anything above "reg fee"
????: NamePros.com http://www.namepros.com/showthread.php?t=329937

once again proves the point, it is the endusers which matter

You wonder do you?..... Ironic that in fact it did go to the Appraisal section Early in April.....

Here is the link...

http://www.namepros.com/domain-appra...ht=beyondo.com

champ_rock · 05-26-2007, 06:00 AM

Originally Posted by domainspade

You wonder do you?..... Ironic that in fact it did go to the Appraisal section Early in April.....
????: NamePros.com http://www.namepros.com/showthread.php?t=329937

Here is the link...

http://www.namepros.com/domain-appra...ht=beyondo.com

lol...

it seems it is only me who did not like that name .

randomo · 05-26-2007, 06:24 AM

Originally Posted by domainspade

In my mind, Negotiations are much like chess... You need to predict what your oponent might do in every move, and what each counter may bring. You want to anticipate there move, and at the same time plan your own. [...]

Good analogy. As an internationally ranked chess master, I should think more about how to apply those skills to domain negotiations.
????: NamePros.com http://www.namepros.com/showthread.php?t=329937

Originally Posted by domainspade

[...] Those are the things I liked about it. I could see someone using the domain name (and I ususally dont grab "brandable" types... ) but this one just said "reg me!"

So I did...

Justin, a piece of advice: when you start to hear domains talking to you, it's time to take a break!

Cheers & congrats,
Dave

gazzip · 05-26-2007, 08:26 AM

Originally Posted by randomo

Good analogy. As an internationally ranked chess master, I should think more about how to apply those skills to domain negotiations.

Well I definetly won't be playing you for $10 a game then !

I have a sneaky suspicion there may be big plans for Beyondo now that I have had the luxury of checking the owners name on Mr Google. If its the same person then he has had associations with some pretty large companies.

At the end of the day either way I think you handled it really well considering the info you had, you smoothy you !!

????: NamePros.com http://www.namepros.com/showthread.php?t=329937

Onward and upward !

.

Aggro · 05-26-2007, 11:12 AM

Good brandable. GL

shopperx · 05-30-2007, 02:46 PM

As a buyer, I personally dont like to waste time in negotiations, if we dont reach an agreement after 2 emails i just move on. This only happens with people that list their domains without a price set.

As a seller i prefer to put prices on my domains, a price that i will not regret in a future.

GeoOwners · 05-30-2007, 04:09 PM

A great thread...and very funny I am in a negotiation for a name with almost the exact same amounts...I'll keep the thread posted on results...wish me luck

.

fierne · 09-12-2007, 09:54 AM

Great thread, Justin
I have learn a lot,thanks for sharing

Spade · 09-12-2007, 10:01 AM

Originally Posted by fierne

Great thread, Justin
I have learn a lot,thanks for sharing

Glad you enjoyed, this was a fun thread to write.

ferraristi · 09-13-2007, 02:32 AM

I am just getting into the domaining business really and this thread is one of the most useful I have come across. Thanks for sharing

clocker24 · 10-14-2007, 09:58 PM

Spade, it was great of you to outline your thought process and the details of the negotiation. Very helpful. However, I agree with italiandragon. By asking the buyer to make an offer, you invite a lowball offer, which is actually ok, but I would have responded with a much higher counter-offer, perhaps $4,000 to $5,000. The odds are that the deal would then end up in the $2,500 to $3,000 range, which would have been quite reasonable for such a brandable domain.

Yofie · 10-15-2007, 05:11 AM

Originally Posted by clocker24

Spade, it was great of you to outline your thought process and the details of the negotiation. Very helpful. However, I agree with italiandragon. By asking the buyer to make an offer, you invite a lowball offer, which is actually ok, but I would have responded with a much higher counter-offer, perhaps $4,000 to $5,000. The odds are that the deal would then end up in the $2,500 to $3,000 range, which would have been quite reasonable for such a brandable domain.

This is a very fine line when going much higher. If I offered $400, then see a reply back of $5,000 I would walk. So going that high, could end up making you lose a sale that you would be happy with. It's always good to follow your gut and pick a price and stick to it!

Billy! · 10-15-2007, 07:03 AM

Great thread! Thanks!

xrvel · 12-31-2007, 12:29 AM

Nice. I learnt a lot from this thread

Kingofnoideas · 02-27-2008, 04:18 PM

New user first thread I read was referenced by a friend. Very informative and I am now registered because of this. Thanks a lot!!!

Spade · 02-27-2008, 05:08 PM

Originally Posted by Kingofnoideas

New user first thread I read was referenced by a friend. Very informative and I am now registered because of this. Thanks a lot!!!

Glad you enjoyed it, quite a bit of work and thought went into this posting.

evilopinions · 02-27-2008, 05:17 PM

The way I believe the counter should be done is double of 2.5 times the offer due to following reason....

1) you know you want to sell thats why you bought it in the first place.
2) Countering with a 20K on a 400 offer leaves no space for him to double the offer.
3)He is interested , you are interested and you know the market price is not 20K.
4)I have noted that countering with 3 times the offer makes them often double the offer.
5)You wont take the money with you when you die.
6)600 in pocket is better than 20K in the dream.

05-25-2007, 04:44 PM	#78 (permalink)
Jackie Senior Member Join Date: Dec 2006 Posts: 1,567	Great success story, congratulations on your sale! I think I often cave in a great deal too easily when negotiating. Do you mind sharing a little more about the domain so I can learn a little more about selecting names? Such as ... the extension, type of domain (3 Letter, Gambling, Technology, etc.). __________________ Mobile Phones & Tablets @ MobilePhonesTablets.com The COMPANION for Android, iOS, WP7, BB QNX, and WebOS Users Buy Real Estate Properties Residential & Commercial Real Estate

05-25-2007, 05:38 PM	THREAD STARTER #81 (permalink)
Spade NamePros Expert Join Date: Sep 2006 Location: Carlsbad, CA Posts: 7,848	At first I thought a NPer had listed it in the expired/available domains section, but it turns out this was a pickup from one of my lists. The domain had expired earlier this year (previously registered as far back as 2001)... And honestly? Beyond the fact that it was a fresh expired and some other TLDs were taken... I just liked it. It had a ring, made sense, felt very web 2.0. Those are the things I liked about it. I could see someone using the domain name (and I ususally dont grab "brandable" types... ) but this one just said "reg me!" So I did... __________________ Read my Blog! NameBio.com - Search The Domain Sales Index Buying LLLL.com's ending in "CA"

05-26-2007, 11:12 AM	#88 (permalink)
Aggro NamePros Regular Join Date: Nov 2005 Posts: 420	Good brandable. GL __________________ The truth hurts. Telling it like it is... Last edited by Aggro; 05-26-2007 at 11:18 AM.

05-30-2007, 02:46 PM	#89 (permalink)
shopperx http://domains.shxp.net Join Date: Jul 2006 Posts: 553	As a buyer, I personally dont like to waste time in negotiations, if we dont reach an agreement after 2 emails i just move on. This only happens with people that list their domains without a price set. As a seller i prefer to put prices on my domains, a price that i will not regret in a future. __________________ Poker Domains \| Gambling Domain Appraisal Tool \| Gambling Domain Sales History \| Gambling Domain Trends

05-30-2007, 04:09 PM	#90 (permalink)
GeoOwners Senior Member Join Date: Feb 2006 Location: Near Chicago Posts: 2,396	A great thread...and very funny I am in a negotiation for a name with almost the exact same amounts...I'll keep the thread posted on results...wish me luck . __________________ Coming soon: Buying domains as a member of a group. PM me for info

	LeadRefs	Forum Sponsorship
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05-25-2007, 04:56 PM	#79 (permalink)
Ronald Regging Ex-President Join Date: May 2006 Location: Mount Joy, PA Posts: 2,643	Was this a fresh reg, something you saw on a drop list, etc?? Just wondering what your initial motivations were for picking this one up. I like it, don't get me wrong, but it's probably not something I would have thought up on my own to register

05-25-2007, 09:58 PM	#83 (permalink)
champ_rock Senior Member Join Date: Oct 2006 Location: http://akshayjain.org Posts: 2,817	well i wonder if this name had come for appraisal in the "appraisal" section then how many of us would have given it anything above "reg fee" once again proves the point, it is the endusers which matter

09-12-2007, 09:54 AM	#91 (permalink)
fierne NamePros Member Join Date: Oct 2006 Posts: 170	Great thread, Justin I have learn a lot,thanks for sharing __________________ Apprise.us \|Scheme.in \|Airliner.in \|IndiaAutos.in\| IndiaSoftware.in \| Tabac.cn \|NorthernIreland.com.cn \| NorthernIreland.cn \| NetherlandsRealty.com on Sale!

09-13-2007, 02:32 AM	#93 (permalink)
ferraristi NamePros Member Join Date: Sep 2007 Posts: 58	I am just getting into the domaining business really and this thread is one of the most useful I have come across. Thanks for sharing

10-14-2007, 09:58 PM	#94 (permalink)
clocker24 NamePros Regular Join Date: Sep 2006 Location: California, USA Posts: 297	Spade, it was great of you to outline your thought process and the details of the negotiation. Very helpful. However, I agree with italiandragon. By asking the buyer to make an offer, you invite a lowball offer, which is actually ok, but I would have responded with a much higher counter-offer, perhaps $4,000 to $5,000. The odds are that the deal would then end up in the $2,500 to $3,000 range, which would have been quite reasonable for such a brandable domain. __________________ DomainerPro.com - Chronicles of a Domain Name Professional

10-15-2007, 07:03 AM	#96 (permalink)
Billy! Senior Member Join Date: Dec 2003 Location: Perth > Western Australia Posts: 1,262	Great thread! Thanks! __________________ Rural Classifieds \| Depression Forum \| Lost Treasure \| Rain Calendar \| Beaut Utes \| My Domains

12-31-2007, 12:29 AM	#97 (permalink)
xrvel i love automation Join Date: Nov 2007 Location: xrvel.com Posts: 1,615 Follow @xrvel	Nice. I learnt a lot from this thread __________________ Xrvel \| Free Wordpress Plugins \| Bodoh \| WP License

02-27-2008, 04:18 PM	#98 (permalink)
Kingofnoideas Account Suspended Join Date: Feb 2008 Posts: 2	New user first thread I read was referenced by a friend. Very informative and I am now registered because of this. Thanks a lot!!!

02-27-2008, 05:17 PM	#100 (permalink)
evilopinions NamePros Regular Join Date: Sep 2007 Posts: 758	The way I believe the counter should be done is double of 2.5 times the offer due to following reason.... 1) you know you want to sell thats why you bought it in the first place. 2) Countering with a 20K on a 400 offer leaves no space for him to double the offer. 3)He is interested , you are interested and you know the market price is not 20K. 4)I have noted that countering with 3 times the offer makes them often double the offer. 5)You wont take the money with you when you die. 6)600 in pocket is better than 20K in the dream.

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