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discuss If I had a dollar for every time someone offered me a 1000 for a domain...

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xynames

XYNames.comTop Member
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...I'd have a thousand dollars, at least!

What is it with this $1000. threshold? It's the offer they send in, or I can get them up to, obviously for domains that they know are worth more, but it's often like pulling teeth trying to get them to go higher. Or at least it has been lately.

Even the guys who start at only a couple hunny I seem to be able to get up to a K, but beyond that....
https://getyarn.io/yarn-clip/c8b0b470-c5c7-4f73-a608-a894d24c411f

Actually that clip had not much to do with what I wrote, but I thought it fit somehow. :xf.laugh:
 
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According to your math of 'if you had a $1 per 1K offer', it seems you have passed up $1,000,000. Perhaps you should reevaluate your declining pricing strategy?! just sayin..
 
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i find the sweet spot for most sales is $1000 - $3000

so a $1000 initial offer makes sense
 
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Everyone used to open with $500, now it's $1000.

More to the point, I should have accepted more offers this year than not. Left a good $40k out there by saying no, however maybe those no's will return 5x that this year.

One never knows, you have have to be willing to say no and walk away while being okay with whatever outcome will be.

Here is a gift:

 
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"The price has gone up!"

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"Done and done!"

(Ebenezer Scrooge video you linked to.)
 
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According to your math of 'if you had a $1 per 1K offer', it seems you have passed up $1,000,000. Perhaps you should reevaluate your declining pricing strategy?! just sayin..

Yes, well if you'll think about our little problem along them lines...yes, it does sound bad.
 
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If I had a dollar for every time someone offered me a 1000 for a domain...
You'd end up with less than if you accepted the $1K for each domain :)
 
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According to your math of 'if you had a $1 per 1K offer', it seems you have passed up $1,000,000. Perhaps you should reevaluate your declining pricing strategy?! just sayin..

I'd be left with stuff that probably can't even sell for much of anything. A lot of the 1000 offers are for the same domains, over and over.
 
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I got one that started at 400 up to 1900 to close the deal. I wanted 3500, was willing to settle at 2500, but we ended at 1900. Back and forth took many days with his raising his counter an average of 100 only each day. :)

In the end of course he acted like he couldn’t believe he paid so much, and I acted like I couldn’t believe I sold so low. :xf.cool: That’s according to some economists the sign of a fair deal.
 
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People turning down huge money this days makes me feel like, "what's happening to me?" How do you guys develop the power to say no to 40k..40k!!!
 
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Don't sweat it, I had a timewaster contact me via Uniregistry while I was on holiday, saying they wanted to buy my domain. I was pleased, as it was a handreg and the minimum asking price was £2,500, so naturally, as their message simply said 'I want to buy this domain, thanks' that they were willing to pay the full asking price. I contacted them and they said they said that they have looked at other domains on GoDaddy for £11.99 but they really wanted mine so they were willing to pay £25. I politely told them to f*@k off!
 
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Are they mainly domain investors?
 
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According to your math of 'if you had a $1 per 1K offer', it seems you have passed up $1,000,000. Perhaps you should reevaluate your declining pricing strategy?! just sayin..

This was my thought right away when I read it. Definitely cannot pass up on 1 million since you can reinvest this and get even more value. I can understand if you paid more than 1000 for the domain but for the most part 1000 should yield a good enough profit if you are buying domains at bargains and close to their floor prices.

- WIll
 
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Domainers, including those that I can 100% identify as this forum members, frequently send me $50/$100/$200 offers to whois emails. Most notably on domains that have fixed prices shown on marketplaces like sedo or afternic and/or parked page, but mentioned shown fixed prices are usually ending with at least one more zero, and are routinely sold to endusers with these prices. Some domainers do even email followups asking why I did not reply. Maybe I should reply? Enduser would have received pre-composed text with references to comparable sales @ dnjournal etc. But what should I reply to domainers, if you are reading this and send such funny offers to other domainers - what response do you expect to receive? I still want to remain polite in any email texts I compose, which is why so far I never replied to domainers who knowingly elected to lowball other domainers...
 
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$500 is a typical offer for me.
 
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According to your math of 'if you had a $1 per 1K offer', it seems you have passed up $1,000,000. Perhaps you should reevaluate your declining pricing strategy?! just sayin..


1000 offers for the same domain.


I get a 90 offer, and 100 offer and then cancellation of bid thread. This is Sedo's fault. Sedo says minimum bid is 90. Instead Sedo should not show any min bid, unless set by sellers. Whatever you show as minimum bid is like showing minimum acceptable price. Otherwise buyers think we sellers would normally accept 90 but we found someone to scam and change asking price. It makes big difference whether the min allowed bid is set by Sedo or the seller. Just because of this people don't buy many domains... And , it looks like Sedo is not interested in selling people's domains either.


Sedo should show Estibot price, if approved by seller. This way when asking price is lower, domain would likely sell.
 
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It was all over the place for me: I get people who asked to transfer domain for free, many offered $500, and quite a few offered $5,000 with take-it-or-leave-it.

It was like everyone went to the same domain negotiation bootcamp.
 
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The majority of the 4-figure offers come from people who have never bought a domain for more than registration fee. That is their basis of comparison. The reason you want to turn down most of those offers is because you are likely not going to get paid if you accept.

Unless you can get a serious commitment, like having them register at the company that will be handling the Escrow transaction or giving you a serious timeline of action, don't bother.

Here is how it would look:

Buyer: Hey I can offer $1000 for this
You: Why only $1,000? This is a unique digital asset that serves blah blah blah
Buyer: It's my max budget sorry, I can't go above.
You: I can understand, but it's not something I feel comfortable accepting right now. How quickly are you looking to buy the domain?
Buyer: Today, I can pay now.
You: Please register here (link) and send me your account email, can you commit to paying before the end of the day today?
Buyer: Done, yes.
SOLD

Most of the time I would go against doing this, it only applies if you need capital immediately and the buyer is more than willing. You should NOT do this for the majority of your good names! Negotiate if you can afford to. If you can't afford to, get help to eliminate the emotional attachment (and anger) that comes with a low budget/low action inquiry.

Another scenario:

Buyer: Hello I can offer $1000 but I can buy something else for $12, why is this so expensive?
You: Thanks for the offer but it doesn't seem to be a serious pursuit, why are you looking to buy this particular digital asset?
Buyer: It's for a blog that my kid wants to start for school (LOL) true story.
You: While it is certainly noble that you are willing to spend this much for a school project, it's not the best outcome for us. I wish you the best with your child's school project. THE END.

The email below went on for a few days, I had to dismiss him kindly. Avoid these buyers at all costs!

grJBgjn.png


Evade spending time with the silly sob stories and negotiate with people that come with speed and capital.
 
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Right I have sold domains around 1000 but only if the domain is worth around 1000. Otherwise I just hang on, and wait for the right buyer.

As far as offers much below a thousand I almost never accept these mostly because I don’t believe that my domains are worth that little.
 
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