discuss Why offer a low amount for BP,SH,BB name??

Regietron · Mar 24, 2019

I am trying to figure out why someone will list stringent parameters for a domain, then goes ahead to say he will pay $10-50 for such name

If my name is listed on BP, BB, SH for $1000. Why will someone ask for such names & offer $10?

As the domain owner, why will i sell such name that is already listed on premium marketplace for such low amount?

For names listed on premium marketplace for $1000. I will expect the wholesale price to be $100-200 minimum. The new buyer will make enough profit even if he sells the name for $600!!

Shamiul · Mar 24, 2019

Just ignore those WTB threads.

tldboss · Mar 24, 2019

How many names do you have?

NYJimbo · Mar 24, 2019

Regietron said:
If my name is listed on BP, BB, SH for $1000. Why will someone ask for such names & offer $10?

Most "brandables" never sell because most are just random words, strings of pronounceable nonsense.

Some people get sick of looking at their brandables sitting around for a year and will unload it for nothing. The new buyer gets to cherry-pick a published name, which is worth more than the $10-$50, puts it back up on a branding site and waits a year or two. Sometimes its just a waiting game. If you can sit on it for a while longer it might sell.

Regietron · Mar 24, 2019

NYJimbo said:
Most "brandables" never sell because most are just random words, strings of pronounceable nonsense.

Some people get sick of looking at their brandables sitting around for a year and will unload it for nothing. The new buyer gets to cherry-pick a published name, which is worth more than the $10-$50, puts it back up on a branding site and waits a year or two. Sometimes its just a waiting game. If you can sit on it for a while longer it might sell.

Thanks, this is another way of looking at it but the offers are ridiculous.

Recently hand regged hempmedy COM, barely a month old, it's listed on SH for $1399. It already has 3shortlist(I know this doesn't guaranty a sale)

Just wanted to test the waters here & a fellow offered $14

WTF

Notice same pattern with some other request on the "wanted domain" thread

Regietron · Mar 24, 2019

tldboss said:
How many names do you have?

Please how does the number I have come into play?

SuperBrander · Mar 24, 2019

The fact that a domain that you hand registered a month ago was approved by a marketplace doesn't magically make it worth $100-$200 to a reseller. It is worth a bit more than a brandable that wasn't approved by a marketplace to people who are willing to take a gamble on it. Sales are often a numbers game. One will sell. Fifty won't. You don't know which one will sell. When you have a lot of domains up for renewal in a year's time and have to pay $XXX to $XXXX to renew names, selling a domain for what you paid for it or a little more might make sense to you. Or if you want to make a quick flip to make a little profit on a domain immediately- that also can make sense to some. It all depends on your financial situation and strategy. Regarding shortlists- all listed domains get shortlisted. I have some with over 100 shortlists. Though any specific domain can of course sell- It doesn't mean it will sell.

Furquan · Mar 24, 2019

NYJimbo said:
Some people get sick of looking at their brandables sitting around for a year and will unload it for nothing. The new buyer gets to cherry-pick a published name, which is worth more than the $10-$50, puts it back up on a branding site and waits a year or two. Sometimes its just a waiting game. If you can sit on it for a while longer it might sell.

Someone bought 15 brandable names from me for $250+, He sold 3 names of that lot in a year.

@Regietron Don't sell names to those cheap instead get them expired.

tldboss · Mar 24, 2019

SuperBrander said:
The fact that a domain that you hand registered a month ago was approved by a marketplace doesn't magically make it worth $100-$200 to a reseller. It is worth a bit more than a brandable that wasn't approved by a marketplace to people who are willing to take a gamble on it. Sales are often a numbers game. One will sell. Fifty won't. You don't know which one will sell. When you have a lot of domains up for renewal in a year's time and have to pay $XXX to $XXXX to renew names, selling a domain for what you paid for it or a little more might make sense to you. Or if you want to make a quick flip to make a little profit on a domain immediately- that also can make sense to some. It all depends on your financial situation and strategy. Regarding shortlists- all listed domains get shortlisted. I have some with over 100 shortlists. Though any specific domain can of course sell- It doesn't mean it will sell.

Agree, 100%.

This is why I asked about the number of names you have. If you have hundreds/thousands of names then come time to renew, you might understand why the number of names you have is important. So many factors to consider - like are they quality names from aftermarket (where you spent a few grand) or they are made up hand reg. names (where you spent $1 at netsol) etc

Many BB/BP/SH names get dropped all the time. Some sellers decide to sell their hand reg. names cheap to get back the money they spent acquiring the name in the first place, instead of letting them drop.

Furquan · Mar 24, 2019

SuperBrander said:
The fact that a domain that you hand registered a month ago was approved by a marketplace doesn't magically make it worth $100-$200 to a reseller. It is worth a bit more than a brandable that wasn't approved by a marketplace to people who are willing to take a gamble on it. Sales are often a numbers game. One will sell. Fifty won't. You don't know which one will sell. When you have a lot of domains up for renewal in a year's time and have to pay $XXX to $XXXX to renew names, selling a domain for what you paid for it or a little more might make sense to you. Or if you want to make a quick flip to make a little profit on a domain immediately- that also can make sense to some. It all depends on your financial situation and strategy. Regarding shortlists- all listed domains get shortlisted. I have some with over 100 shortlists. Though any specific domain can of course sell- It doesn't mean it will sell.

I completely agree with you but I had rather preferred my names get expired instead of selling for $5 to $15 to those people. I found those people genrely don't even buy names instead they want get the ideas of names.

NYJimbo · Mar 24, 2019

Furquah said:
I completely agree with you but I had rather preferred my names get expired instead of selling for $5 to $15 to those people. I found those people genrely don't even buy names instead they want get the ideas of names.

Yes, I've seen that too. Ideas for names or prices but no intention to really buy.

kite26 · Mar 24, 2019

$5-$15 is like to donate your name.
$50-$100 offers are fair for the most brandables.

Of course, it depends the brandable name. But for a bb or bp accepted/published name i prefer only $50-$100 range or more.

NYJimbo · Mar 24, 2019

kite26 said:
$5-$15 is like to donate your name.
$50-$100 offers are fair for the most brandables.

Of course, it depends the brandable name. But for a bb or bp accepted/published name i prefer only $50-$100 range or more.

Yeah, but this is Namepros, so you're gonna get $5 to $15.

This is the place where liquid domains go for $100.

kite26 · Mar 24, 2019

NYJimbo said:
Yeah, but this is Namepros, so you're gonna get $5 to $15.

This is the place where liquid domains go for $100.

Then, you have not to resell, you must wait to sell.

DomainRecap · Mar 24, 2019

Regietron said:
As the domain owner, why will i sell such name that is already listed on premium marketplace for such low amount?

Because no one wants to work anymore and everyone wants to scam at the absolute lowest price possible. It's no different that pawn shops where someone brings in a box of vintage items and the guys hums and haws before offering $5.

He may get laughed at, but some suckers say yes,and he makes a lot of money off the rubes.

It's like those supposed-Lotharios who say "just ask every girl, one of them is bound to say yes". Lazy, lazy, lazy scam.

marcreative · Mar 24, 2019

I bought 3 names only for now, each $20 and later when sold, will share to them 20% from my own commission. Example my commission is $1000, 20% * $1000 = $200, so that mean i have to and i will share another $200 to my fellow creatives. ( i set up my own rules )

Maybe some choose to sell few of their portfolios, because of the renewal fees which is coming ( maybe better to sell the domains to other fellow creatives than let the domains drop ) or too busy with their own business, and domaining is just their side job.

Regietron · Mar 24, 2019

NYJimbo said:
Yes, I've seen that too. Ideas for names or prices but no intention to really buy.

Why can't they go to the premium marketplace & browse names.

Thanks all, interesting perspectives have been given

Bob Hawkes · Mar 24, 2019

As @NYJimbo and others have said it is critical to take the sell through rate into account. Yes a brandable will typically sell for $3000 (net less) but chance of selling in any one year is not more than 2 to 6%. Nevertehless agree with OP that some asks are unrealistically low. But secret to success includes getting names at great deals, so if someone willing to sell....

Bob

EbookLover · Mar 24, 2019

Regietron said:
I am trying to figure out why someone will list stringent parameters for a domain, then goes ahead to say he will pay $10-50 for such name

Because these people are liquidators. Most people looking to buy here on NP are liquidators, IMHO.

There are liquidators in every business that involves selling goods, tangible or not.

cipcip · Mar 25, 2019

Really, this question shouldn't be asked and I will tell you why.

If I want to offer right now $50 for namepros domain and content, is not my fault that I offer that kind of money, is the owner fault that he wants to sell cheap in the end

It is called taking a shot, trying, if you do not try, how can then you succeed?

karmaco · Mar 25, 2019

The short answer is the cheapest of the cheap open wanted threads here. Go to GoDaddy or anywhere with your $10 to $20 bucks and good luck to you. The justifications here are insane. The name you buy for $200 to $500 on GoDaddy is not guaranteed to sell either.

I suggest the cheapos do the research and hand register and stop taking advantage of other domainers desperate for cash. I will let a name drop rather than give it to a bottom feeder.

The generally accepted reasonable wholesale price at this level is 1 to 10 percent of the listed sale price depending on the name, age, number of letters,hotness.

Anything less than that ignore unless you just want them gone at any price.

discuss Why offer a low amount for BP,SH,BB name??

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