Your Thoughts on Mass Lowballing? - Page 2

stub · 05-26-2008, 09:10 PM

Originally Posted by Spade

for the most part, don't bother dealing with other Domainers.

I'm offended

Spade · 05-26-2008, 10:26 PM

Originally Posted by stub

I'm offended

You should be. LoL.

If im buying your domain - it means you sold it too cheap.

-REECE- · 05-26-2008, 10:41 PM

That's perfectly honorable in my opinion Justin. I never have a problem getting an offer of 300-400 on a $1000 domain and understand that a domainer needs to leave room for a mark-up and a margin for any error they made in estimating a domain's value... Offering 300-400 on an LLL.com on the other hand is plain stupid and one is truly in la-la land if they think they're going to get any LLL.coms for prices in that range any time soon (hint: spam iReit, not me!)
????: NamePros.com http://www.namepros.com/domain-name-discussion/473341-your-thoughts-on-mass-lowballing.html

When someone offers $500 on an LLL.com... Seriously, I feel like making a website about such idiots and shaming their actions. That isn't looking for a good deal -- everyone who has more than a couple LLL.coms has been spammed to death already... All it's doing is wasting everyone's time and showing how much of a rookie the person sending the message is.

I missed an important message a few days ago because I had so many spam offers... Frustrating is an understatement.

It's one thing to decide you'd like a cheap LLL.com (or any kind of domain for that matter), but to spam hundreds (and/or thousands) of owners is spam and I think I'll start reporting these people's emails to spam lists so their emails start getting blocked... It's just gotten to the point where I'm fed up -- and I know there are people who have 100x the total domain value I do, so I can't even begin to imagine how bad they have it if they use public whois. I don't want to use private whois -- I don't trust private whois (after incidents like Registerfly), and in all honesty, why should I be forced into paying for something I don't want just so a few (albeit growing number of) spammers can't try to rip me and a thousand other domainers like me off?

Originally Posted by Spade

Frankly there are two sides to the story. Not all offers are lowballs. What if I offer $1,000 for a domain name that is more than fair, but the owner has a rediculous price expectation of $1,000,000. Did I lowball him? or did he Highball me?

When I receive emails from domain spammers (and I get them too). I'll either delete them, or accept their offers. If they go along with it, I then tell them that I want them to pay for an appraisal just to make sure im selling at a fair market price. (Its funny, I swear).

Also, bottom line. As a domain flipper - I need to buy low and sell high. Digging around for deals at below a wholesale price is part of what I do. I do lowball in the hope of getting a quality domain name at a fraction of what I might pay at a drop auction. Do I feel that Im behaving unethically because I buy lower then I sell? No. I buy at a price the owner is willing to sell at and that sits just fine with me.

I do not DRT Spam. I even do homework on the buyers I email. (There are certain things I look for) and for the most part, don't bother dealing with other Domainers.

Justin

Krossat · 05-26-2008, 10:42 PM

I get the mails as well.
But I know this is a business which i take quite seriously now. In any business you have to face some annoyances, which I choose to take as a part of the game :\

Nothing to be hassled about really. In fact if a domain of mine were getting a lot of offers (even if they were lowballs), it would only make me happy coz they re-enforce the fact that this domain has potential, and people want it.
????: NamePros.com http://www.namepros.com/showthread.php?t=473341

If it were a perfect environment where everyone offered prices / range a seller had in mind, this business would be as saturated and difficult as any other. The only reason this business is doing well is because some speculate a value of a domain more apropriately from others; they buy low and sell high. If it were a perfect math, small time domainers would be out of business very soon, very fast.

dezinerite · 05-26-2008, 11:14 PM

It bothers me more if I asked someone for the price of their domain and they "highball" me. I hate that.

-NC- · 05-31-2008, 03:09 PM

getting the occasional lowball? not bothered. getting an inbox full of lowballs from the same jackass? bothered.

-REECE- · 05-31-2008, 03:13 PM

Yeah that's the same way I feel. I don't mind of someone wants to lowball me on 20 names, but please don't do it in 20 separate emails!

????: NamePros.com http://www.namepros.com/showthread.php?t=473341

Originally Posted by -NC-

getting the occasional lowball? not bothered. getting an inbox full of lowballs from the same jackass? bothered.

deet · 05-31-2008, 03:15 PM

Quote:

ddadc #2 - It's equally as annoying when you send someone a starting offer and they counter with something totally outrageous because in their skewed logic they think all their domains are virtually priceless, I am a big buyer, and that will turn me off a domain quicker than anything.

I agree 100%

-REECE- · 05-31-2008, 03:28 PM

As do I

Originally Posted by deet

I agree 100%

Sam · 05-31-2008, 04:13 PM

Just set up a whois email and never look at it.

Simple.

In any case, back in the wild wild west, there were steals to be have in the LLL market, old folks selling their names for bargains. Ever since DRT though, thats long gone.

Its pure economics really, its been saturated out. IMO Reece the amount of offers will start going down as people realize that its not working.
????: NamePros.com http://www.namepros.com/showthread.php?t=473341

1 day of work for $XXXX profit back before DRT? Economics dictates "spam" "spam". I use to send emails back in the day and NEVER ONCE did I low ball. I always asked how much for a name. Usually instantly bought it when they named their price.

I've stopped for a while now, due to some people thinking its not ethical, but I personally consider myself someone who was interested in obtaining LLL.com at a fair market price.

Too much hassle to individually email each owner, easiest way if you wanted to buy one was to email them all.

-REECE- · 05-31-2008, 06:24 PM

I hope you're right Sam, I feel the same way about it.

I've never sent emails myself (did cross my mind a few times in years passed), however how you were doing it in the past - asking the owner to name a price seems to me to make a lot more sense then sending a lowball offer which may offend an owner who might otherwise have sold low by "domainer standards". I'd think someone would make much more money sending out emails offering today in example $12,000 or so on premium LLL.coms then they ever will sending out offers of $500, but what do I know

????: NamePros.com http://www.namepros.com/showthread.php?t=473341

Originally Posted by Sam

Just set up a whois email and never look at it.

Simple.

In any case, back in the wild wild west, there were steals to be have in the LLL market, old folks selling their names for bargains. Ever since DRT though, thats long gone.

Its pure economics really, its been saturated out. IMO Reece the amount of offers will start going down as people realize that its not working.

1 day of work for $XXXX profit back before DRT? Economics dictates "spam" "spam". I use to send emails back in the day and NEVER ONCE did I low ball. I always asked how much for a name. Usually instantly bought it when they named their price.

I've stopped for a while now, due to some people thinking its not ethical, but I personally consider myself someone who was interested in obtaining LLL.com at a fair market price.

Too much hassle to individually email each owner, easiest way if you wanted to buy one was to email them all.

Spade · 05-31-2008, 07:09 PM

Originally Posted by Sam

Just set up a whois email and never look at it.
????: NamePros.com http://www.namepros.com/showthread.php?t=473341

Simple.

In any case, back in the wild wild west, there were steals to be have in the LLL market, old folks selling their names for bargains. Ever since DRT though, thats long gone.

Its pure economics really, its been saturated out. IMO Reece the amount of offers will start going down as people realize that its not working.

1 day of work for $XXXX profit back before DRT? Economics dictates "spam" "spam". I use to send emails back in the day and NEVER ONCE did I low ball. I always asked how much for a name. Usually instantly bought it when they named their price.

I've stopped for a while now, due to some people thinking its not ethical, but I personally consider myself someone who was interested in obtaining LLL.com at a fair market price.

Too much hassle to individually email each owner, easiest way if you wanted to buy one was to email them all.

I really dont have a problem with this technique and as You've pointed out, its done to death. Anyone who has DRT would be foolish at this point to use the software to email out all the LLL.com owners, as we've all recieved those emails about a million times.

Justin

evirtual1 · 05-31-2008, 07:13 PM

i can lower a price if selling , i can increase my offer if too low ...... not fussed at this point

Ben42 · 05-31-2008, 07:59 PM

Well it's domainers that are doing it, thats for sure. They probably are members here and maybe they even posted in this thread!

Those that do this must realize that probably just about all 3 letter and brandable words (.com) are either owned by domainers who know their value or by companies, who also know their value.

This may have worked 3-5 years ago and I'm sure some domain owners that didn't know better got screwed, but the jig is up boys. It's not a unique idea and your not really smart. To me it's the equivelent of selling crap to take advantage of the elderly who do not know better.

labrocca · 05-31-2008, 09:58 PM

Mass lowball offers really suck. If I get a lowball offer on a domain I am selling in a forum it bugs me. So many times I have placed LLLL.com's and ask for "reasonable offers" and then get the "$20 bid" replies. Total idiots imho. Yeah keywordkeyword.com might be subjective in many cases but when you consider CCC.com's, LLL's and other short domains which do have a minimum value it can really piss you off.

Mass lowballers rely on these short domains and their minimum values. It's VERY rare I get a whois lowballer for a regular domain. They simply target short combos where they know it's worth X and they offer a third or less of it's value knowing they can flip it immediately.

cache · 05-31-2008, 11:17 PM

I am thinking to delete all my listing at tdnam because of the lowest balls

TordB.com · 06-10-2008, 07:36 AM

Does lowball mean a really low offer? Just making sure I am correct.

Steve · 06-10-2008, 08:36 AM

Originally Posted by TordB.com

Does lowball mean a really low offer? Just making sure I am correct.

Yes -- usually a ridiculously low offer that's far below current market value. Used by some to try to find bargains, but usually results in insulting the seller.

sidekick_33 · 06-10-2008, 08:42 AM

I officially got my first lowball offer yesterday afternoon! I had a domain at SEDO and I was initially impressed to have an offer on it!

I logged into my account and saw a $1500 offer on a $10k name! I countered with 50k and got an offer of 1350EUR.

I can now see what many of you dislike about lowballers. While a lowball offer may work on a rare occasion, I wasn't too happy to see the offer after all!

Charley · 06-11-2008, 07:48 AM

Originally Posted by TordB.com

Does lowball mean a really low offer? Just making sure I am correct.

It is intentionally done to snag at a lower price.

domainer50 · 06-11-2008, 09:47 AM

Originally Posted by JMJ

If you don't throw your line in the water you wont catch any fish.

Tru....

Charley · 06-12-2008, 03:43 AM

Originally Posted by sidekick_33

I logged into my account and saw a $1500 offer on a $10k name! I countered with 50k and got an offer of 1350EUR.

You should have countered more.

JMJ · 06-12-2008, 12:34 PM

Originally Posted by sidekick_33

I officially got my first lowball offer yesterday afternoon! I had a domain at SEDO and I was initially impressed to have an offer on it!
????: NamePros.com http://www.namepros.com/showthread.php?t=473341

I logged into my account and saw a $1500 offer on a $10k name! I countered with 50k and got an offer of 1350EUR.

I can now see what many of you dislike about lowballers. While a lowball offer may work on a rare occasion, I wasn't too happy to see the offer after all!

You should have countered with less. You can't let your emotions on a domain cloud your senses. You blew what was a nice initial offer out of the water with a "highballer" counter. If you felt your name was only worth $1000 and the offer was $150 would you have countered with $5000? No, well I wouldn;t have any way because I know what the likely end result would have been. If you actually want to sell names you would counter within reason. $1250-$1500 maybe? And settle somewhere in the neighborhood of what you feel it's worth. But there again it's only worth what someone is willing to pay. If I shot down every lowball offer I would be in the poor house. And in todays sales climate even with negotiating with lowballers the poor house is getting closer. 99% of the time the sales I regret are the ones I didn't make.

Mark · 06-18-2008, 06:25 PM

Great Thread IMO ~

Originally Posted by Spade

If im buying your domain - it means you sold it too cheap.

Except In my case I'd say you sold it Waaaaaaaay Too Cheap

I fall under the category where I would actually rather receive an email asking if something is for sale in the first place I suppose, I'm more likely to respond to one of those than someone outright offering me something obscenely low. At the same time , I can probably count all offers ever sent out by me to purchase something on my toes and fingers Ever ...

As far as selling goes - I've sent out many personalized emails , and have encouraged people to use the phone if they feel comfortable with that method when selling (We all know plenty of people with the gift of gab that make Great livings doing this). I've said it puts out a more professional presence using the phone - But You know what ? I also hate phone solicitors

(I guess that makes me a bit hypocritical - huh?) Face it - Any Offers or Sales pitches that are unsolicited can and may be seen as spam or telemarketing. Yet there is generally better money and deals to be made going those routes than Sales venues generally cluttered with other domainers. Please note - I'm not knocking those people who sell or flip among their peers either , Plenty of those folks turn great ROI's as well.

MillersCrossing · 06-18-2008, 06:41 PM

when i get a lowball offeron my top names at sedo - i counter with a thankyou but the minimum i would consider is 4,000,000,000,000.00.....

so far they have all failed to come back with a counteroffer.......

View Poll Results: Your Thoughts on Mass Lowballing?
It doesn't bother me.	32	51.61%
It's spam and should be stopped.	26	41.94%
I never knew people did this.	4	6.45%
Voters: 62. You may not vote on this poll

05-26-2008, 10:42 PM	#29 (permalink)
Krossat krossat.com Join Date: Jul 2007 Location: New Zealand Posts: 3,791	I get the mails as well. But I know this is a business which i take quite seriously now. In any business you have to face some annoyances, which I choose to take as a part of the game :\ Nothing to be hassled about really. In fact if a domain of mine were getting a lot of offers (even if they were lowballs), it would only make me happy coz they re-enforce the fact that this domain has potential, and people want it. ????: NamePros.com http://www.namepros.com/showthread.php?t=473341 If it were a perfect environment where everyone offered prices / range a seller had in mind, this business would be as saturated and difficult as any other. The only reason this business is doing well is because some speculate a value of a domain more apropriately from others; they buy low and sell high. If it were a perfect math, small time domainers would be out of business very soon, very fast. __________________ <<< Krossat's Blog : Cloud! Really? >>> <<< Techtorium Computer Training >>> Last edited by Krossat; 05-26-2008 at 10:48 PM.

05-26-2008, 11:14 PM	#30 (permalink)
dezinerite www.bpdir.com Join Date: Jul 2007 Posts: 3,051 Follow @bpdir	It bothers me more if I asked someone for the price of their domain and they "highball" me. I hate that. __________________ Premium DoFollow Directory \| Seychelles Triathlon Federation \| Free Directory Since 2007!

05-31-2008, 03:09 PM	#31 (permalink)
-NC- Traveller Join Date: Mar 2007 Location: Yet another city Posts: 1,419	getting the occasional lowball? not bothered. getting an inbox full of lowballs from the same jackass? bothered. __________________ NameCooler.com

05-31-2008, 04:13 PM	#35 (permalink)
Sam Senior Member Join Date: Jun 2005 Posts: 3,435	Just set up a whois email and never look at it. Simple. In any case, back in the wild wild west, there were steals to be have in the LLL market, old folks selling their names for bargains. Ever since DRT though, thats long gone. Its pure economics really, its been saturated out. IMO Reece the amount of offers will start going down as people realize that its not working. ????: NamePros.com http://www.namepros.com/showthread.php?t=473341 1 day of work for $XXXX profit back before DRT? Economics dictates "spam" "spam". I use to send emails back in the day and NEVER ONCE did I low ball. I always asked how much for a name. Usually instantly bought it when they named their price. I've stopped for a while now, due to some people thinking its not ethical, but I personally consider myself someone who was interested in obtaining LLL.com at a fair market price. Too much hassle to individually email each owner, easiest way if you wanted to buy one was to email them all. __________________ SPECIAL: The World's BEST Single Letter Domain Sale! Lowest single letter price on the market! Starting at $799

05-31-2008, 07:13 PM	#38 (permalink)
evirtual1 NamePros Expert Join Date: Aug 2007 Location: VampireHire.Com Posts: 6,807	i can lower a price if selling , i can increase my offer if too low ...... not fussed at this point __________________ Domain Name Investors Ebook ...perfect gift for the newbies Business Show Watch The Domainers Song Seeking serious offers .. F-X-T.com = Forex Trading

05-31-2008, 07:59 PM	#39 (permalink)
Ben42 Senior Member Join Date: Jan 2005 Location: Chi-Town Posts: 2,072	Well it's domainers that are doing it, thats for sure. They probably are members here and maybe they even posted in this thread! Those that do this must realize that probably just about all 3 letter and brandable words (.com) are either owned by domainers who know their value or by companies, who also know their value. This may have worked 3-5 years ago and I'm sure some domain owners that didn't know better got screwed, but the jig is up boys. It's not a unique idea and your not really smart. To me it's the equivelent of selling crap to take advantage of the elderly who do not know better. __________________ Good Bands \| Tablet Protectors \| SAIL \| Which Toner? \| 3d Projecting

05-31-2008, 09:58 PM	#40 (permalink)
labrocca NamePros Expert Join Date: Aug 2004 Location: Las Vegas Posts: 6,277 Follow @supportforums	Mass lowball offers really suck. If I get a lowball offer on a domain I am selling in a forum it bugs me. So many times I have placed LLLL.com's and ask for "reasonable offers" and then get the "$20 bid" replies. Total idiots imho. Yeah keywordkeyword.com might be subjective in many cases but when you consider CCC.com's, LLL's and other short domains which do have a minimum value it can really piss you off. Mass lowballers rely on these short domains and their minimum values. It's VERY rare I get a whois lowballer for a regular domain. They simply target short combos where they know it's worth X and they offer a third or less of it's value knowing they can flip it immediately. __________________ :$: Support Forum <-- My latest endeavor.:loveyou: Debate Forums Free Online Sudoku My vBum Blog

05-31-2008, 11:17 PM	#41 (permalink)
cache Senior Member Join Date: Sep 2005 Location: Goblin Wars Zone & California Posts: 4,451	I am thinking to delete all my listing at tdnam because of the lowest balls __________________ LaFrance Hods Raids Trik OXSI GoblinWars IQx yPortal Idel enlo Kitu Hytu Albums eMontage Cereal Tarf MDTalks Toch TV vald hosy Bagr Glem wolk corg ypen DiTV

06-10-2008, 07:36 AM	#42 (permalink)
TordB.com NamePros Regular Join Date: Jun 2008 Posts: 236	Does lowball mean a really low offer? Just making sure I am correct. __________________ Thanks for answering my questions :)

06-10-2008, 08:42 AM	#44 (permalink)
sidekick_33 NamePros Regular Join Date: Apr 2008 Location: Winnipeg Posts: 552	I officially got my first lowball offer yesterday afternoon! I had a domain at SEDO and I was initially impressed to have an offer on it! I logged into my account and saw a $1500 offer on a $10k name! I countered with 50k and got an offer of 1350EUR. I can now see what many of you dislike about lowballers. While a lowball offer may work on a rare occasion, I wasn't too happy to see the offer after all! __________________ Amazing LLLL.com Blowout Sale! Including the rare domain RRJR.com!

06-18-2008, 06:41 PM	#50 (permalink)
MillersCrossing Account Suspended Join Date: May 2006 Posts: 2,742	when i get a lowball offeron my top names at sedo - i counter with a thankyou but the minimum i would consider is 4,000,000,000,000.00..... so far they have all failed to come back with a counteroffer.......

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