tomas_cherry
New Member
- Impact
- 2
Hey guys,
I'm new to domaining, so I have a "what would you do if you were in my shoes" type of question, because I want to maximize the value of this situation.
I have a domain for sale (crypto niche). I was doing email outreach to crypto companies.
One guy said "no" to my domain, but they're looking for a specific .com domain (because their company already owns the same name with .co.uk TLD). Obviously they're going to be the end-users, as it seems to be an established crypto company.
Their target domain is on a public sale, asking price is $10K.
My question is - what would you do in this situation?
My first (inexperienced) thought - I know what exact domain they need. Most likely, they've already seen what's the asking price for that domain. If they still don't have it, maybe the price is too high, or they don't need it badly enough. Let's say, maybe I can be the middle man and try to get that domain for $5K. And resell it to the crypto company for $7K.
That's just my thought. Maybe it's stupid and not worth the risk as the profit margin would be too low for flipping. Maybe that domain is not worth the $10K at all. A lot of "maybes"
So it would be nice to hear some opinions from more experienced members: how would you approach this situation? What would be your action plan? How'd you talk to the buyer? And to the current owner of the domain?
Or just share your experiences if you dealt with sth like that before.
I'm new to domaining, so I have a "what would you do if you were in my shoes" type of question, because I want to maximize the value of this situation.
I have a domain for sale (crypto niche). I was doing email outreach to crypto companies.
One guy said "no" to my domain, but they're looking for a specific .com domain (because their company already owns the same name with .co.uk TLD). Obviously they're going to be the end-users, as it seems to be an established crypto company.
Their target domain is on a public sale, asking price is $10K.
My question is - what would you do in this situation?
My first (inexperienced) thought - I know what exact domain they need. Most likely, they've already seen what's the asking price for that domain. If they still don't have it, maybe the price is too high, or they don't need it badly enough. Let's say, maybe I can be the middle man and try to get that domain for $5K. And resell it to the crypto company for $7K.
That's just my thought. Maybe it's stupid and not worth the risk as the profit margin would be too low for flipping. Maybe that domain is not worth the $10K at all. A lot of "maybes"
So it would be nice to hear some opinions from more experienced members: how would you approach this situation? What would be your action plan? How'd you talk to the buyer? And to the current owner of the domain?
Or just share your experiences if you dealt with sth like that before.
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