offers Got a $800 offer for BLOCK / MX , should I counter or not?

[cixxy]

The first offer I got for my domains: 800USD for block / mx @ undeveloped from a mexican IP

Try to counter for higher or just accept it?

I had this domain for a week and I did only a little outbound with it. I had it priced at Undeveloped for 4888 USD.

It would cover all my expenses for the 90~ hand regs.

Not sure how countering works, if he declines the counter offer, can I still go back to 800 USD? Or does it lose the sale?

Thanks.


Similar sales:
bitcoins.mx 530 USD 2018-04-15
fragrance.mx 9,999 USD 2018-08-27
wine.mx 25,001 USD 2015-11-09
--
block.sh 2,500 USD 2018-08-01
block.club 1,533 USD 2017-11-05
block.world 3800 USD
block.co 5000 USD
block.cc 4,950 USD
--
blockchain.in 13,500 USD 2018-04-24
blockchain.ventures 42,000 USD 2018-02-27
blockchain.academy 3,388 USD 2018-02-12
blockchain.guide 180 USD 2017-12-29
blockchain.ly 965 USD 2017-08-02
blockchain.at 3,708 USD 2016-11-21
blockchain.to 323 USD 2016-01-19
blockchain.nl 2,253 USD 2015-08-28
blockchain.fr 3,000 USD

 

[cixxy]

Okay welp, no reply yet at the undeveloped chat messenger. Been over a day now.

I guess I'll submit it to sedo crypto auctions once they reply to my ticket. Not sure if I can get above what he offered over there though?

Guess I can wait and make another reply to him in a few days.

 

[Joshua Harding]

Always counter. Always. It can be off-putting to a buyer to have an offer immediately accepted, as they'll know/think they could've initially offered less.

 

[Joshua Harding]

Okay welp, no reply yet at the undeveloped chat messenger. Been over a day now.

I guess I'll submit it to sedo auctions once they reply to my ticket. Not sure if I can get above what he offered over there though?

Guess I can wait and make another reply to him in a few days.

Be patient - a day without a reply isn't concerning in and of itself. People are busy. Give it some time

 

[Windoms]

Also next time dont post it here pubicly.
Send direct messages to experienced people that you know are willing to help.
Maybe the buyer is reading all of this

 

[autobot]

The first offer I got for my domains: 800USD for block / mx @ undeveloped from a mexican IP

Try to counter for higher or just accept it?

I had this domain for a week and I did only a little outbound with it. I had it priced at Undeveloped for 4888 USD.

It would cover all my expenses for the 90~ hand regs.

Not sure how countering works, if he declines the counter offer, can I still go back to 800 USD? Or does it lose the sale?

Thanks.


Similar sales:
bitcoins.mx 530 USD 2018-04-15
fragrance.mx 9,999 USD 2018-08-27
wine.mx 25,001 USD 2015-11-09
--
block.sh 2,500 USD 2018-08-01
block.club 1,533 USD 2017-11-05
block.world 3800 USD
block.co 5000 USD
block.cc 4,950 USD
--
blockchain.in 13,500 USD 2018-04-24
blockchain.ventures 42,000 USD 2018-02-27
blockchain.academy 3,388 USD 2018-02-12
blockchain.guide 180 USD 2017-12-29
blockchain.ly 965 USD 2017-08-02
blockchain.at 3,708 USD 2016-11-21
blockchain.to 323 USD 2016-01-19
blockchain.nl 2,253 USD 2015-08-28
blockchain.fr 3,000 USD

you handregged this name?

 

[Brands.International]

You have a great name, there can be some well funded blockchain startup in Mexico, who knows...

Do not sell your good names for 800, if they are well funded they can pay you easily 8000.

"Block" is amazing keyword - just google for example company "block.one", they are funded in billions of dollars - so imo wait for your ideal customer - if you can afford to wait, of course

 

[Windoms]

You have a great name, there can be some well funded blockchain startup in Mexico, who knows...

Do not sell your good names for 800, if they are well funded they can pay you easily 8000.

"Block" is amazing keyword - just google for example company "block.one", they are funded in billions of dollars - so imo wait for your ideal customer - if you can afford to wait, of course

But he's new and he's bought almost 100 names. I'm sure he knows a lot more now so the opportunity to get his money back + experience + profit is quite something.
If he's spent $1000 for his names. I'd try to get $2000 for block.mx vs waiting for the $8000.
$800 I wouldn't take.

 

[cixxy]

Thanks guys. I've submitted it to sedo crypto auctions with a reserve for: Exchange / bz , block / mx and Tokenastic / com

There's only a few days left for it though so hopefully I can get approved before it starts.

The only thing I have doubts for is that it's in the MX extension and not sure if blockchain will stay popular for good, since it's past the hype train stage in google trends; so I'm not sure if it's worth holding onto for years.

Exchange / bz is easier to do outbounds with as well since its more universal and there was a lot of foreign exchange brokers etc, but I haven't found too much for crypto / blockchain mexico.

And yeah if I accepted the 800 it would have covered all my ~100 domain regs up to now so it was very tempting!

you handregged this name?

Yes, saw it on expired domains.

 

[Windoms]

Yes, saw it on expired domains.

What a lucky catch.
Even if $800 covers your expense don't just break even. Try to at least double/triple that amount so that you you can grow your portfolio for free.

 

[cixxy]

you handregged this name?

What a lucky catch.
Even if $800 covers your expense don't just break even. Try to at least double/triple that amount so that you you can grow your portfolio for free.

When I posted it to my beginner thread that I got the domain, people were unimpressed and were telling me there not to get other extensions than .com Lol.

 

[Windoms]

I dont remember block.mx
I remember lots of keyword combinations.
and rash.biz lol
send thread link

 

[cixxy]

Oh yeah I must have mistaken it for Lamb.biz

 

[cixxy]

Designed a better logo for it:

 

[Windoms]

Don't know if they'll accept .mx.
It says in requirement they want popular extensions like .com .net.
You can already see the domains that are going to be for sale. There's .coms .nets .orgs .io .nl
+ bitcoin.fund crypto.am coins.cc coin.st tokens.st.
Thats it.
Don't think they'll accept .mx. If they don't I suggest you pay 59$ and send yours to auction.
Start time sept 13th. 1hour before it starts so that you're the first one to appear on the list lol

 

[cixxy]

Ye it got declined, will that auction be tied to crypto?
And have you even used the sedo auction before? Not sure if its worth.
Thanks

 

[Windoms]

When you visit sedo.com
people click ''auctions ending soon''
it shows ALL upcoming auctions until ends of time (not many which I like because you have to pay $59).
So everyone will see you because going through the list is stress free and easy to do.
If you pay and set your auction to start in 5 days. It will show in this list as ending in 12 days. No one will be able to bid until it starts but they'll see it as an upcoming auction.
The auctions from crypto event are already there. All ending in 8 days 18 hours. (september 13th).
Those are the exact same you get when you click the view inventory under special crypto event on homepage.
So if you set your auction to end in 8 days and 16 hours. It will be the first crypto domain to show under ''auctions ending soon''. which most people use.
It's worth it. Be careful with reserve. there's brackets. 0-99$ 100-499$ 500-999$ 1000-4999$ 5000-9999$ 10.000-24.999$ etc..
I suggest you put it under the 1000-4999$ bracket. People won't see the exact number.
5000-9999 you probably won't get any offers.
500-999 you might get 1000$ which will force you into selling it.
People can bid any amount they want even outside your bracket. When it meets reserve it will say ''reserve met''.
If it doesn't sell at least you'll learn something.
If you are afraid you can always set it to 500-999. But even then you have no guarantee of sale. So don't do it.
You lose auction. You lose 800$. Alright. You learn.
And you keep block.mx
Spend that $59

 

[cixxy]

When you visit sedo.com
people click ''auctions ending soon''
it shows ALL upcoming auctions until ends of time (not many which I like because you have to pay $59).
So everyone will see you because going through the list is stress free and easy to do.
If you pay and set your auction to start in 5 days. It will show in this list as ending in 12 days. No one will be able to bid until it starts but they'll see it as an upcoming auction.
The auctions from crypto event are already there. All ending in 8 days 18 hours. (september 13th).
Those are the exact same you get when you click the view inventory under special crypto event on homepage.
So if you set your auction to end in 8 days and 16 hours. It will be the first crypto domain to show under ''auctions ending soon''. which most people use.
It's worth it. Be careful with reserve. there's brackets. 0-99$ 100-499$ 500-999$ 1000-4999$ 5000-9999$ 10.000-24.999$ etc..
I suggest you put it under the 1000-4999$ bracket. People won't see the exact number.
5000-9999 you probably won't get any offers.
500-999 you might get 1000$ which will force you into selling it.
People can bid any amount they want even outside your bracket. When it meets reserve it will say ''reserve met''.
If it doesn't sell at least you'll learn something.
If you are afraid you can always set it to 500-999. But even then you have no guarantee of sale. So don't do it.
You lose auction. You lose 800$. Alright. You learn.
And you keep block.mx
Spend that $59

Ah I see, great insight thanks.

It says:

All auctions are individually reviewed on a manual basis and therefore the desired start date and time are not guaranteed. We recommend setting a start date at least 3-5 days from today to achieve your desired auction schedule.

So I'm worried that I won't be able to set the exact time like you said to get in front of the crypto auctions.

I'm trying to call the support now about it but they are busy.

Also there's no .MX domains when I searched with the filter, so I'm worried about that as well.

 

[Windoms]

If you pay with credit card it will be instant. Dont use other options. paypal Ive never tried.

 

[domain hacks]

I once offered $400 for a domain at SEDO and the wise guy pushed it to auction. Domain sold for $420. Only thing he got was those extra $20 and 7 more days of waiting.

So, next time you pay $20 for a domain and someone offers $800 take money and register more domains.

 

[Windoms]

So, next time you pay $20 for a domain and someone offers $800 take money and register more domains.

lol. but.
If its a random domain yes. Like an average brandable / keyword combination.
A chance like this, I'd try to at least double my investment.
as long as he's not about to get evicted.

 

[TSB]

Going forward, It has good value. Just do counter-offer to $xxxx (low-mid). All the best

 

[cixxy]

lol. but.
If its a random domain yes. Like an average brandable / keyword combination.
A chance like this, I'd try to at least double my investment.
as long as he's not about to get evicted.

Okay well I took a gamble and paid the 59 euros. That's really expensive btw

I did this given that mostly all recent .MX sales on NameBio were sedo sales.

I hope it pays off. I think I might have calculated a bit wrongly. There was a bigger time gap than I calculated for some reason around a 14 hour gap between mine and the first crypto name. But no matter, it's still before the crypto auctions and hope I will get a lot of visibility for that!

Thanks again for your advice regardless if it works out or not. I set it for 500-999 reserve just so that it will sell. I dont mind letting it go for that much.

Really hope my money won't be wasted, that was a good ~10 .com regs down the drain.

 

[Hugo_Strange]

Okay well I took a gamble and paid the 59 euros. That's really expensive btw

I did this given that mostly all recent .MX sales on NameBio were sedo sales.

I hope it pays off. I think I might have calculated a bit wrongly. There was a bigger gap than I calculated for some reason. But no matter, it's still before the crypto auctions and hope I will get a lot of visibility for that!

Really hope my money isn't wasted, that was a good ~10 .com regs down the drain.

I personally would've taken the money. Then with that $800 bought a $600 name and banked $200 as backup.

All the best with the auction

 

[cixxy]

I personally would've taken the money. Then with that $800 bought a $600 name and banked $200 as backup.

All the best with the auction

Yeah everyone was telling me to counter. But as a new domainer it would have helped a lot. If it doesn't work out I'm sure this name is worth holding onto for a long time regardless

 

[Hugo_Strange]

Yeah everyone was telling me to counter. But as a new domainer it would have helped a lot. If it doesn't work out I'm sure this name is worth holding onto for a long time regardless

Sometimes it's best to go with your own heart as too many opinions can be conflicting, though I understand about getting some advice. What's done is done now and you may still come out on top

Victory has a thousand fathers, but defeat is an orphan.

Good luck