poll I rejected an offer on this domain. Would you have done the same? Vote and comment. Thanks

[infosec3]

Given the booming of the video conferencing business, I recently backordered the name listed below and got it. I contacted a few companies immediately after getting the name. One said they will get back to me and a second one offered me $500, indicating on his message he likes the name, but that given the circumstances, budget is tight, which I don't necessarily agree applies to the video conferencing business. I asked for $4,500. I am right now debating whether to develop it into a business or wait for the right offer.

The name is My/Web/Conference (COM).

Would you have taken the offer or waited?

 

[karmaco]

People rarely get high dollar on outbound as you probably know unless we are talking about super premium one words.

Just set a buy it now Or make offer closer to what you want and forget it. I would probably accept less than you asked for on a 3 word long domain, at least right now.

 

[bulkdomainz]

I don't think he would pay 4.5k for the name.

I would make a counter-offer or encourage him to negotiate, and maybe offer him the opportunity to pay in instalments.

 

[BrandCollectors.com]

u should take the cash. honestly I wouldnt register it for reg fee.

 

[ArielT]

I would have accepted

 

[Name Trader]

If you are short of cash, I would have taken it. I would also recommend counter-offering to see where it leads, if anywhere. I'm at the same point, but at the other end of a transaction. It's not a lot of money. Low $$$. But to be honest I can't really afford it when I need the funds for renewals. It would need me to be more severe with my dropping domains. But I would be tempted, if the price is right.

 

[fleaking]

I own "conference".com in a certain non-english language and I received some inquiries for it recently, I am sure that it is due to the coronavirus epidemic, just FYI.

 

[Vivienne Mcgregor]

Ask him to try the official low-baller club requests. He would understand the value then

 

[The Durfer]

i would go as far as $1500 try that amt.

 

[equity78]

People rarely get high dollar on outbound as you probably know unless we are talking about super premium one words.

Just set a buy it now Or make offer closer to what you want and forget it. I would probably accept less than you asked for on a 3 word long domain, at least right now.

Spot on, if you are outbounding you are lowering the chance for the big payday.

 

[Name Trader]

If you are short of cash, I would have taken it. I would also recommend counter-offering to see where it leads, if anywhere. I'm at the same point, but at the other end of a transaction. It's not a lot of money. Low $$$. But to be honest I can't really afford it when I need the funds for renewals. It would need me to be more severe with my dropping domains. But I would be tempted, if the price is right.

Just to add. I made an offer of $100 on GoDaddy for the domain I was talking about here. Min Offer was $100. The seller came down from just under $500 (countered $150), to just under $250, to accepting my offer in about 4 days. 7 char, two word .com. Estibot value $2500. GoValue $1800. It felt like the sellers were desperate. So I have to find a way to drop another 17 domains in April (over and above what I'd already planned).

 

[equity78]

Just to add. I made an offer of $100 on GoDaddy for the domain I was talking about here. Min Offer was $100. And just sat on it. The seller came down from just under $500 (countered $150), to just under $250, to accepting my offer in about 4 days. 8 char, two word .com. Estibot value $2500. GoValue (Not Working now but was in 4 figures when I was buying it. Does GoValue only work for domains in GoDaddy Auctions?). It felt like the sellers were desperate. So I have to find a way to drop another 17 domains in April (over and above what I'd already planned).

Appraisal tool working for me now.

 

[Name Trader]

Appraisal tool working for me now.

For me too I altered my post

It was a 7 char domain, not 8 as stated above (now corrected).

 

[equity78]

For me too I altered my post

It was a 7 char domain, not 8 as stated above (now corrected).

Oh I did not see that, cool.

 

[Name Trader]

Oh I did not see that, cool.

I managed to cut (more than 17) 20 domains more from my portfolio,see here https://www.namepros.com/threads/dy...-added-04-18-bodyus-com.1184975/#post-7716315 So I'm cash flow positive from this purchase. I wish all purchases could go like that

 

[lock]

Experience would tell me to take it but you may need to follow every mistake play whilst learning to negotiate until you recognize there will be a time and a reason when you know you can easily justify rather than just asking for more. There is evolution to the way a domainer thinks you will never think like you did last year or year before.