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5000 $ offer for cctld in GD last night but....

Labeled as strategy in Domain Buying and Selling Discussion, started by Ariff BD, Feb 16, 2021

Replies:
50
Views:
3,850

?

what Price should I counter?

  1. Push to aucion?

    6 votes
    21.4%
  2. 25k

    18 votes
    64.3%
  3. 50k

    2 votes
    7.1%
  4. 75k

    0 votes
    0.0%
  5. 100k

    2 votes
    7.1%
  6. installment

    2 votes
    7.1%
  7. BIN plus Share

    0 votes
    0.0%
Multiple votes are allowed.
Total: 30 vote(s)
  1. Ariff BD

    Ariff BD Restricted (15-30%)

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    I got an offer for a 4 letter Acronym in Spain's ES extension.

    For 5000$ in Godaddy.

    The name is related to Crypto. And ES is the most Used extension in Spain the same as .de is for Germany. I work in Spanish Company with Spanish So I know.

    ok- I like to have faith in my domainers community, so let's reveal the name. It is - DEFI.ES

    You know Defi, right? Isn't it a high-value keyword with high potential within the year 2025? I was determined to renew it till 2025 at least. Already have renewed it once.

    But I am not accepting it for 5 k or for 20k US$.

    Because you know I will have to wait & refuse several good offers to win the jackpot of the lifetime, right? Moreover, we are not Rick Schwartz with numerous high-value domain to sell in millions. So, I must be brave enough to refuse the 5k-10k-20k $ offer if I want a mega 50/75/100k sale for defi.es.

    So, What option should I select now- Counter offer or push to Auction?

    What is the benefit of push to Auction?

    Will it get more domainers seeing this domain for sale?

    Will potential End-user might get news about the auction?

    Or I select the Counteroffer & ask for 50k or 100k $.

    Is there any way to directly contact the interested buyer? Or I will have to totally depend on Godaddy?

    Although I used Epik lander with my email ID, nobody contacted me. I hope he types defi.es in his browser & sees that & think of emailing me.

    please share your opinion & thoughts.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Digital Kush

    Digital Kush Restricted (15-30%)

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    Hello Ariff

    Thanks for sharing I think Crypto related domains will boom in coming years. I also own some domains like BitcoinPrediction.com and BitcoinMedium.com and won't be thinking to sell them below 10k.
     
  3. Ariff BD

    Ariff BD Restricted (15-30%)

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    Thanks
     
  4. DirkS

    DirkS Dutchman.info VIP

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    Highest defi sale (em) was in .org for 5K in 2019. Keep that in mind. Good offer to work with. Either go long term and turn it down or negotiate if you want the cash.

    Don't put it to auction.
     
  5. Ariff BD

    Ariff BD Restricted (15-30%)

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    ok
    What is the Drawbacks of push to Auction with 1 bid of 5k?
     
  6. Reddstagg

    Reddstagg The-Billionaire.com VIP Gold Account

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    Good morning. Take the money now and run and run.

    It is a bi-language domain hack. These do not sell for big numbers. Check previous sales. Statistics don't lie.

    It makes no sense in Spanish as they would not say 'Decentralized Finance' i.e. 'Defi'.

    They would say something similar to 'Finanzas Descentralizadas' i.e. 'Fide'.

    You are limiting your potential as few in Spain or South America will buy this name as it makes no sense in their language.

    This is of course just my limited opinion and you should consider all views before making your decision.

    I wish you every success.

    Regards,

    Reddstagg
     
  7. Ariff BD

    Ariff BD Restricted (15-30%)

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    Thanks a lot
     
  8. NickB

    NickB it's a mystery VIP

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    That was criminally under priced and before Defi really started to take off......adoption levels are rising, funding is increasing, awareness is growing.......

    I'm not going to offer a opinion on pricing the OP has clearly made his mind up in that regards

    Do not push it to auction, just counter and go from there - if it was via Godaddy Auction site you can write comments and negotiate that way.....
     
    Last edited: Feb 17, 2021
  9. Ariff BD

    Ariff BD Restricted (15-30%)

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    I also have Opfi for a cctld. where cctld rules over com like de es
    anyone know abt opfi?
     
  10. lovely4ever

    lovely4ever Established Member

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    if we assumed you bought this name for $200 . ( maybe less )
    counter 17000 , if they accepted then OK .
    if they counterd back less than 10000 , then you counter 12000 as final price .
    12000 as a final price is ok , around 1800 comission for godaddy , domain cost assumed = 200 .
    you will get 10000 pure profit . fair enough and RUN .


    money and run.PNG
     
    Last edited: Feb 17, 2021
  11. dido90

    dido90 faciebook.com

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    Accept the offer > take the money > run > invest the money
     
  12. garptrader

    garptrader Top Contributor VIP ★★★★★★★★★★

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    Less than a week ago I received a 150 thousand euro offer for a crypto-related .Com domain registered in 2008 (before bitcoin existed). The buyer has not initiated action to make payment so the sale has been cancelled. When I received the offer I told my wife but confessed the offer was likely not legit.
     
  13. rh2000

    rh2000 Top Contributor VIP

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    I hate when that happens.
     
  14. Axc

    Axc Peace VIP

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    It resold for 50k fyi
    See page 42 of defi thread
     
  15. Axc

    Axc Peace VIP

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    Defi .cn sold for 7k also(page 43 of defi thread)
     
  16. NickB

    NickB it's a mystery VIP

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    Lot more news and activity happening in China when it comes to decentralized Finance than in Spain from what I read......if anyone can say differently then share some info in the Defi thread

    Gives a good benchmark in regards to relatively recent pricing
     
  17. DirkS

    DirkS Dutchman.info VIP

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    Thanks. Not following the niche that closely. Nice flip. 50K ain't that bad although I think it hasn't reached its full potential yet. I wouldn't have sold for 5. 50 is definitely tempting :)
     
  18. Axc

    Axc Peace VIP

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    Not my sales btw.Cant edit now.Just shared for relevance.
     
  19. pinkdragon

    pinkdragon Established Member

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    2-3 days ago a de-fi.xx domain was sold on Dan.com. Unfortunately, I don't remember what the extension was.
     
  20. kalr

    kalr Top Contributor VIP

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  21. NicTraders

    NicTraders Top Contributor VIP Gold Account

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    It was:
    De-fi.ch
    Price: $2k
    (Not my sale)
     
  22. Domainsyrup

    Domainsyrup Top Contributor VIP

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    It was my sale.

    I will take 5k and run :)
     
    Last edited: Feb 17, 2021
  23. DigiNames

    DigiNames Established Member ★★★★★★★★★★

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    If you are happy with $5K then you should absolutely push to auction, just in case another bidder comes along. The drawback is that other interested parties will likely not see the auction, and it will probably end at $5K.

    If you are interested in getting more money from the single interested potential-buyer you should counter instead of pushing to auction.
     
  24. enterscope

    enterscope Domain Investments

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    $5000 offer means it is worth more imo. Only going to go up in value if you ask me.
     
  25. AEProgram

    AEProgram Top Contributor VIP Blue Account

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    He is either interested or not. An interested party even if you counter with a billion dollars will reply to that counter even if its again to offer the 5k. The fear to counter high is why most will never make money in any business that involves offers.

    The bigger issue here is the waiting to reply to the offer. Guy probably lost interest in his idea or moved on to some other name. This is not a business where waiting will help you, its not a one of a kind work of art, people with ideas can lose interest in their idea or someone else can talk them out of the name or price. They might also see many names for 500-1500 and it will bring down the value of yours in their mind.

    Counter with 100k but know that if they don't reply, they wouldn't reply if you countered with 6k either. The waiting will kill this deal more than any counter.
     

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