discuss First $1 million offer

Lysted said:

Not sure if it is the same case with Efty, normally it happens that sometimes you may have a minimum, unless they meet the minimum, they cannot send out the inquiry. So they get frustrated and put lot of 0's to get through the 'submit' button.

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I'm about 99% sure this is exactly what happened.

Wow seeing some countries, even If my country is in Africa and comparing with some mentioned countries we are doing well ....One Million in our currency is 44k+ in usa dollar

Domains - Wanted said:

Yeah, well, in domaining, dreaming is an occupational hazard

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LOL, So true

Lysted said:

Not sure if it is the same case with Efty, normally it happens that sometimes you may have a minimum, unless they meet the minimum, they cannot send out the inquiry. So they get frustrated and put lot of 0's to get through the 'submit' button.

Nobody really offers a million to start with, no matter what currency.

Best.

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I think that is what happened in my case however, they can see the minimum amount and chose to ignore it. I don't know maybe
thinking I mistakenly added a zero or two ?
Time will tell. I do know the person is related to the energy field.
Also, It may take some time to get corporate approval to spend that kind of money. A few weeks to months if it needs board approval.
The only way a quick response comes is if the amount range is already approved or it's an individual that doesn't need any approval.
On a side note, I am hearing more domainers saying they are getting pranked on their sales venues. May be a new "trend"

I had a $25000 BIN price accepted but never followed through on a .com. Is a domain that gets regular repeat inquiries but whoever they are don't want to make a serious offer.

yeah do make sure on the currency

another two-word .COM domain offer well in excess of $3 billion (same as their telephone #)

Should I start escrow?

garptrader said:

another two-word .COM domain offer well in excess of $3 billion (same as their telephone #)

Should I start escrow?

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You have to ask?
By all means start it, and get em while they're still drunk.

Go for it!

1 Million Rupiah = USD 75

One problem I have with EFTY is if you have an Escrow BIN, when the buyer selects the BIN, the transaction will automatically get setup at Escrow. So I had some idiot do this multiple times for the same domain name, and now I have several transactions for the same domain name setup at Escrow. I have to get Escrow to delete the bogus transactions -- but I'm just waiting a few more days until I go ahead and delete them.

I asked Efty Support to wait for the buyer to "Confirm" the email before setting up the transaction at Escrow -- but they said they could not do that the way they integrate Escrow to their system. Grrrrrrrrrr.....

to OP -- good luck with the $1 million offer -- I hope the best for you

168 said:

Is the offer from India ?

I received an offer recently for 500k in USD on a one word .energy
My minimum bid is 300k+
I don't think it's legit. sent for confirmation a few days ago... still waiting.
you never know ! the person bidding is in the energy field

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Do you fance yo share the name?

rokaska7 said:

Do you fance yo share the name?

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No not now. Still under negotiation status.
Cheers

garptrader said:

another two-word .COM domain offer well in excess of $3 billion (same as their telephone #)

Should I start escrow?

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Yeah, a start with 3 billion. Just to break the ice.

How ever it will turn out - a million is a million, no doubt
From this view, I wish you the most appropriate currency

I keep clicking this thread because I see the title then forget I already sighed at it b4

I have a minimum 2K offer on DomainNameSales and sometimes when the buyer see it replies with 10-11 figure digits... I always refuse them saying I don't like low-ballers

Lol. Since the topic is with the $ sign I thought that the actual offer came in USD. But when I reading the post I realised it is in another currency. May be Zimbabwe Dollar.

The EFTY landers do result in far more inbound inquiries than was previously the case.

However, most are either lowball offers or mistakes - people filling out the form but not understanding that a domain name is for sale and that offers should be submitted in US dollars. In some cases, people were looking for jobs (on a job-related keyword) and they input their desired salary. In another case (real estate domain), the "offer" was how much the individual was willing to pay for rent. I have a number of Spanish domains but the landers are in English so the instruction to submit offers in dollars may not be clear to individuals whose primarily language is not English.

If only we could convert those mortgage applications into leads

I now have my first $500 million offer - for a cryptocurrency domain.

Should I counter ?

While it is a confirmed EFTY offer, I don't believe it is legit.

i got a 260K offer on a name at Sedo last December, Of course i accepted, Sedo called me on the phone the next day and told me it was False, I told them, I know lol

garptrader said:

I now have my first $500 million offer - for a cryptocurrency domain.

Should I counter ?

While it is a confirmed EFTY offer, I don't believe it is legit.

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Do you remember planes trains and automobiles ,anyone who would pay 500,000,000 for a domain name would certainly pay a billion

Only a few hours later I get another million plus offer for a real estate domain. It may be a legit offer but the buyer is from Medellin, Colombia so the offer is likely in Colombian pesos which would translate into mid-US$XXX.

NICE!