paknet
Established Member
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TLDR: A large ISP in Singapore wants to purchase my domain name. I have never sold a domain name before. I am in panic!
Hi everyone,
My friend works for a large ISP in Singapore (I am not disclosing the company name). Last month during a casual conversation, he told me about this new satellite product their company is about to launch in coming months. I was curious about the product name and upon hearing it, being a domain enthusiast, I quickly found the domain name for the product name was available (I am not disclosing the domain name either). It's a dictionary word but not common at all. So I quickly registered the domain name and built a relevant one page website that talks a few topics about the name (the technology itself). The .net is still available but I am afraid of registering it and be accused of cybersquatting their brand/product name and may end up losing both the .com and .net
Yesterday, I received an email from somebody within the company. The person asked if the domain were of any value to me and whether I will be willing to sell the domain name to them. To my surprise, from what I have heard, a company of this size would never approach somebody expressing interest of buying a domain name directly. In fact, they may hire a broker or a negotiator instead to make the deal for them.
First, I thought the email was either fake or a scam but upon investigating the headers of the email and other bits and pieces (I am an IT guy myself), the email is indeed genuine and came from within the company email servers. I also found the person who emailed me on LinkedIn and his profile does state that he is been working on the product (that is the domain name I own) from past eight months.
Here is the problem! I have NEVER EVER sold a domain name in my life. I have never ever listed any of my domain names on any of the domain marketplaces. I have literally ZERO experience in negotiating or closing a domain sale.
On top of that, I have NO CLUE of how much should I expect for this domain name. I know you be thinking how can we help if I don't disclose the domain name, but at this point, I seriously can't and don't want to. Given the size and magnitude of the company, I am intrigued to email them back and asking for a ridiculous amount but having no prior experience, I don't want to end this opportunity by my stupidity.
Please help. I am in a state of panic and disbelief!
Hi everyone,
My friend works for a large ISP in Singapore (I am not disclosing the company name). Last month during a casual conversation, he told me about this new satellite product their company is about to launch in coming months. I was curious about the product name and upon hearing it, being a domain enthusiast, I quickly found the domain name for the product name was available (I am not disclosing the domain name either). It's a dictionary word but not common at all. So I quickly registered the domain name and built a relevant one page website that talks a few topics about the name (the technology itself). The .net is still available but I am afraid of registering it and be accused of cybersquatting their brand/product name and may end up losing both the .com and .net
Yesterday, I received an email from somebody within the company. The person asked if the domain were of any value to me and whether I will be willing to sell the domain name to them. To my surprise, from what I have heard, a company of this size would never approach somebody expressing interest of buying a domain name directly. In fact, they may hire a broker or a negotiator instead to make the deal for them.
First, I thought the email was either fake or a scam but upon investigating the headers of the email and other bits and pieces (I am an IT guy myself), the email is indeed genuine and came from within the company email servers. I also found the person who emailed me on LinkedIn and his profile does state that he is been working on the product (that is the domain name I own) from past eight months.
Here is the problem! I have NEVER EVER sold a domain name in my life. I have never ever listed any of my domain names on any of the domain marketplaces. I have literally ZERO experience in negotiating or closing a domain sale.
On top of that, I have NO CLUE of how much should I expect for this domain name. I know you be thinking how can we help if I don't disclose the domain name, but at this point, I seriously can't and don't want to. Given the size and magnitude of the company, I am intrigued to email them back and asking for a ridiculous amount but having no prior experience, I don't want to end this opportunity by my stupidity.
Please help. I am in a state of panic and disbelief!