poll Which do you hate more - Buyers with low ball offers or Sellers with unrealistic prices?

Casey L said:

These seem to be two of the most common problems domainers have with people inside and outside of the domain industry. Sometimes a buyer sends you an offer for one of your domains and the offer is laughable or flat out offensive. Other times you inquire about a domain, be it from a domainer or someone else, and their price is so unrealistic you feel the need to tell them so.

I wanted to see what you all thought and which optioned annoyed domainers more. Thanks for voting.

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I think you should have included an option "Both" in the poll..

Some Sellers deserve the "Low ball" hammer as it's their mistake not to mention the minimum offer acceptance. So in my opinion they dont have the rights to complain or be offended.

As for Sellers with unrealistic prices, they will just hang tight with their prices and I won't even think of making them an offer. It's better to keep on scrolling until you find the right one.

Sellers with unrealistic expectations for sure. If a buyer doesn't get the value no big deal there are other buys for that name (at least if it's a good name). But if the seller has an unrealistic price there is only 1 of that name...I recently ran into this. A name a I wanted as an end user, was perfect for what i wanted. Comps were in low to mid xxx. Seller wanted high xxxx. I offered a generous low xxxx because I wanted the name that badly and I showed the seller the comps. They just simply weren't reasonable only came down like 500 to their lowest price they would accept. I had to go with an alternate domain that I don't like as much, but was fairly priced.

Still you ended up with a worse domain for less money. Your choice.

I don't really mind unrealistic prices on domains, in life people can charge what they want for stuff at the end of the day if you want/need something bad enough you'll pay. If it was worth it then you chose wisely, if not its your own fault

I guess the same goes for low ballers, they are trying to get a deal

Sellers with unrealistic pricing, I don’t mind the low ball offers, those are leads.

Low ball offers that are below your minimum offer....I mean how bloody cheap do you have to be to do this?

Had it on a couple of my mushroom names.....are you on here by any chance mystery bidder? If so you know who you are...

In sales negotiations, it's easier to upsell a lowball offer than to lower the price of someone with unrealistically high expectations.

Unrealistic expectations of sellers. So tired of making reasonable offers on modest domains only to be hit with a $99,000 counter offer.

These people would be better off buying lottery tickets.

I try not to "hate" anyone but I think having reasonable pricing is smart.
Bob

Not hating anyone

There are lot of domain names nowdays, so if I can not get one, I can get different one.

Brands.International said:

Not hating anyone

There are lot of domain names nowdays, so if I can not get one, I can get different one.

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Exactly. Lets not hate anyone. Its business as usual. Only losers hate someone in business dealings.

Brands.International said:

Not hating anyone

There are lot of domain names nowdays, so if I can not get one, I can get different one.

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I think potential buyers think this same way to, i feel pretty sure they have alternative options lined up should a seller not want to except their highest offer.

leads and offers can be a indicator for a seller of the top end value of a domain name but ultimately it always comes down to what a buyer is really willing to pay for the domain name, anything above that price is usually unacceptable in the market place.

sometime we play both ourself, not necessaryly blame or even "hate" others, we all want buy cheaper, sell more.....but the market itself will tell us what is the reasonable price...

ksusha64 said:

Exactly. Lets not hate anyone. Its business as usual. Only losers hate someone in business dealings.

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Let me make myself clear, the poll was meant to be which action do you hate more, not which person. I could never hate a domainer

I personally believe that there should be a third option to the poll...something like

"Totally neutral as it is part of being in the domain business."

I'm just echoing others at this point, but I agree; hate is an ugly word.

Regarding the poll, I think both are fair game. When someone owns a domain, it's entirely their prerogative as to how much to sell it for. Maybe they receive many offers under their threshold and ultimately realize that with such demand, the name is ripe for development, so they decide to develop it. It's their name. More power to them. Or, maybe they grow old and the name grows old with them. If that's their wish, so shall it be. No point in hating it, or them.

Low ball offers are quite rational. To someone who understands the domain investor's mindset, it's a courtesy to aim within a range that will pay some respect to the owner, and to let the owner know you're a serious buyer. But for those who have never purchased a domain name from an investor, it makes sense to start as low as possible and learn from experience. Even when it's investor vs. investor, one might still want to lob a low ball out just to get a feel for the other party. It'll probably be a losing strategy, but it's a strategy.

I think if one is getting so emotional about offers and such that hate comes into play ...or even dislike... they have some work to do.

Sellers with unrealistic prices.

Bob Hawkes said:

but I think having reasonable pricing is smart.

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Nice Answer Bob.
Both side have right to do things. But unreasonable price make people hate you :D

I don’t hate either— although low ballers are far more annoying . Low ballers can be eliminated quite easily by raising the minimum offer allowed. I’d rather have a higher minimum and wait for a serious buyer but that is just me.

People are free to price their domains how they want to and I don’t care about other domainers prices. It’s actually a time saver to know right away a name is out of your budget.

Ryan217 said:

Sellers with unrealistic expectations for sure. If a buyer doesn't get the value no big deal there are other buys for that name (at least if it's a good name). But if the seller has an unrealistic price there is only 1 of that name...I recently ran into this. A name a I wanted as an end user, was perfect for what i wanted. Comps were in low to mid xxx. Seller wanted high xxxx. I offered a generous low xxxx because I wanted the name that badly and I showed the seller the comps. They just simply weren't reasonable only came down like 500 to their lowest price they would accept. I had to go with an alternate domain that I don't like as much, but was fairly priced.

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Those “comps” are predominantly domainer to domainer. Not everyone is a low flipper.

low ball offer and unrealistic pricing is part of the game ... business as usual. Welcome to planet earth

karmaco said:

Those “comps” are predominantly domainer to domainer. Not everyone is a low flipper.

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Not necessarily. In fact I will exclude comps from sources like flippa and weigh more heavily on comps I can track to an end user which on this case I mentioned I was able to do. I found an end user sale for $650 with a whois change at the same time to the current owner who has built out a site. Though i felt that name a little stronger so i started at $500. But this isn't really the time or place to rehash an onld negotiation. Just an example of an owner who dosent grasp what the market is really willing to pay.

Can never hate Buyers, so got to be the Sellers.

You can bump a low baller with sales history you can't start negotiating with something priced out of market.