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

[Ariff BD]

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.

 

[NicTraders]

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

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

 

[Domainsyrup]

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

It was my sale.

I will take 5k and run

 

[DigiNames]

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

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.

 

[enterscope]

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

 

[AEProgram]

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.

 

[Daddy yank]

Same here,
I have bought a really bad domain, In fact, I bought the website on it. I was contacted by GoDaddy telling me that I have received an offer for this domain. Somebody offered me 75k for it. I laughed so hard but I was positive, why not.

The transaction never started. He or she only wanted to steal my money.

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.

 

[blogspotter]

What is a price you are willing to let it go for?

Give that number as your floor to the godaddy broker and tell him to start negotiating from twice

If you are comfortable with with 20K
Tell the GDD Broker that your floor is 20000 and that they should try to start from 40k

There will be more buyers for this names.. Hack or not it is a great name.

Goog Luck

 

[Ariff BD]

What is a price you are willing to let it go for?

Give that number as your floor to the godaddy broker and tell him to start negotiating from twice

If you are comfortable with with 20K
Tell the GDD Broker that your floor is 20000 and that they should try to start from 40k

There will be more buyers for this names.. Hack or not it is a great name.

Goog Luck

Hi
I took it not as a hack but defi for decentralized finacne.

 

[GreatBrand.in]

Dear @Ariff BD Congratulation for this offer and wish you all the best. Special thanks to @Reddstagg for bring a very important perspective about world of Spanish / French languages and its impact in domains.

It really hurts me when often our experienced colleagues here either refer to valuation tool or past sales report to derive the pricing. The fact is those reports capture less than 20% of total sales mostly from different marketplaces. More than 80% big ticket sales happened through private brokering and often unreported atleast for first 3-5 years.

Defi is indeed a promising sector with an exponential growth possibilities and therefore for a best return of your investment the pricing strategy to the end user must depend on following three things:

1. Your financial status
2. Your holding capacity (number of years)
3. Your risk taking capacity (million dollar or zero)

Kindly note, in all three points above YOU are the most important factor to decide the price of your domain and create a new benchmark not the buyer, industry or timing. Thank you!

 

[Ariff BD]

Dear @Ariff BD Congratulation for this offer and wish you all the best. Special thanks to @Reddstagg for bring a very important perspective about world of Spanish / French languages and its impact in domains.

It really hurts me when often our experienced colleagues here either refer to valuation tool or past sales report to derive the pricing. The fact is those reports capture less than 20% of total sales mostly from different marketplaces. More than 80% big ticket sales happened through private brokering and often unreported atleast for first 3-5 years.

Defi is indeed a promising sector with an exponential growth possibilities and therefore for a best return of your investment the pricing strategy to the end user must depend on following three things:

1. Your financial status
2. Your holding capacity (number of years)
3. Your risk taking capacity (million dollar or zero)

Kindly note, in all three points above YOU are the most important factor to decide the price of your domain and create a new benchmark not the buyer, industry or timing. Thank you!

What A wise opinion. Thanks

 

[Ariff BD]

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.

Right.

 

[Ariff BD]

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

Right

 

[Joe123]

defi.es is also a domain hack (defies) that could fit as a cool brandable. DeFi defies the traditional financial system...

 

[Future Sensors]

Your name is a good upgrade for defi - com - es, which is also parked at the moment

 

[Grego85]

That name is worth more than 5k, I'm sure. I wouldn't push to auction, the chances of another qualified end user stumbling upon the auction in this small time period are low. Just counter with what you think the name is worth. Defi is hot, strike while the iron is hot.

 

[Reddstagg]

Of course, the other thing to take into consideration is the following taken from Namecheap's website:

Why choose a .ES domain?
The extension .es is the country code TLD (top-level domain) for Spain. The .es domains can be registered by anyone in the world who has ties to Spain. We recommend it especially to companies and individuals who wish to connect with users in Spain and/or Spanish speakers worldwide.

Is a .ES domain extension right for me?
Registering .es domain name is a perfect choice for individuals or legal entities established in Spain who wish to aim their services at the Spanish market or to provide information, services and products which are culturally, historically or socially linked with Spain.

 

[books]

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.

 

[NickB]

Of course, the other thing to take into consideration is the following taken from Namecheap's website:

Why choose a .ES domain?
The extension .es is the country code TLD (top-level domain) for Spain. The .es domains can be registered by anyone in the world who has ties to Spain. We recommend it especially to companies and individuals who wish to connect with users in Spain and/or Spanish speakers worldwide.

Is a .ES domain extension right for me?
Registering .es domain name is a perfect choice for individuals or legal entities established in Spain who wish to aim their services at the Spanish market or to provide information, services and products which are culturally, historically or socially linked with Spain.

Means Jack sh*t in this case - the domain has had a 5k offer despite this............

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.

You have just copied and pasted this from @garptrader post earlier in this thread......

 

[NickB]

Of course, the other thing to take into consideration is the following taken from Namecheap's website:

Why choose a .ES domain?
The extension .es is the country code TLD (top-level domain) for Spain. The .es domains can be registered by anyone in the world who has ties to Spain. We recommend it especially to companies and individuals who wish to connect with users in Spain and/or Spanish speakers worldwide.

Is a .ES domain extension right for me?
Registering .es domain name is a perfect choice for individuals or legal entities established in Spain who wish to aim their services at the Spanish market or to provide information, services and products which are culturally, historically or socially linked with Spain.

Also........

some examples of English words sold in .es extension - you can check namebio for the prices.....

auto
one
motor
pizza
single
secret
scooter
bikinis
cloud
circle
circus
handy
mobile
invest
yell
vector

etc etc etc..........

 

[TauseefKhan]

take that offer.. and reinvest