Enwych
Established Member
- Impact
- 192
The following is not a huge dilemma as far as what's at stake, but I sense that I'll be facing the same indecision and second-thoughts whenever it comes time to make a deal on selling a domain. I'd like to find out how others come to the decision to accept an offer, hold out or walk away. What makes you say 'yes' or 'no' to an offer?
I have a DDLL.com domain for sale at ebay. It's worth maybe $100. at Flippa or GoDaddy using NameBio sales for the past month. (OK, OK it's 77ur). I listed it for $59. BIN at ebay. I listed it right after I hand registered it from the expired domains list. Someone offered $10. and I countered with $35. stating that's as low as I could go & $10. just covered the registration for a year. He countered with $25. Now I'm pretty sure $35. is a good deal on the name.
Here is my thinking - 77tv sold for $1050. at Flippa on March 21. but I think that was an outlier, other sales are in the $175. range, but they don't have a vowel. Still, double numbers haven't been available on expired domains for 2 weeks - so $69 if you want to pick one up at the drop. 77 means perfection and followed by "ur" the name has the potential to be an outlier also. The basic valuation struggle.
Now I need to respond to the $25. offer. I see my options as:
1. just decline. I already gave him my lowest.
2. accept because $25. is money. But, the offeror buys on ebay and made another (lowball) offer on another of my names there (which I also turned down) and if I give in when I said $35 was my lowest, then it will set a precedent. But, it's only a $10. difference and it's money.
3. End the listing and auction it at GoDaddy or Flippa.
If I do this with every name, I'm not going to make it. What do you do? How do you get past the indecision and decide when to call it a deal or walk away?
I apologize for the length and thank you in advance for your guidance.
I have a DDLL.com domain for sale at ebay. It's worth maybe $100. at Flippa or GoDaddy using NameBio sales for the past month. (OK, OK it's 77ur). I listed it for $59. BIN at ebay. I listed it right after I hand registered it from the expired domains list. Someone offered $10. and I countered with $35. stating that's as low as I could go & $10. just covered the registration for a year. He countered with $25. Now I'm pretty sure $35. is a good deal on the name.
Here is my thinking - 77tv sold for $1050. at Flippa on March 21. but I think that was an outlier, other sales are in the $175. range, but they don't have a vowel. Still, double numbers haven't been available on expired domains for 2 weeks - so $69 if you want to pick one up at the drop. 77 means perfection and followed by "ur" the name has the potential to be an outlier also. The basic valuation struggle.
Now I need to respond to the $25. offer. I see my options as:
1. just decline. I already gave him my lowest.
2. accept because $25. is money. But, the offeror buys on ebay and made another (lowball) offer on another of my names there (which I also turned down) and if I give in when I said $35 was my lowest, then it will set a precedent. But, it's only a $10. difference and it's money.
3. End the listing and auction it at GoDaddy or Flippa.
If I do this with every name, I'm not going to make it. What do you do? How do you get past the indecision and decide when to call it a deal or walk away?
I apologize for the length and thank you in advance for your guidance.
