NameSilo

Accepted minimum offer for name from multi billion dollar company

Labeled as discuss in Domain Selling and Domain Sales started by MrAcidic, Apr 9, 2019.

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  1. MrAcidic

    MrAcidic Account Auto-Closed Gold Account

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    Soooo

    The inevitable happened and the person did pay not so I cancelled it and doubled the min offer to 1k, as you do.

    upload_2019-4-12_20-14-56.jpeg

    The name is NOT "Anticlimax (in any extension!) :xf.wink:
     
    Last edited: Apr 12, 2019
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  2. EbookLover

    EbookLover Top Member VIP ★★★★★★★★★★

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    How anticlimactic :xf.wink:
     
  3. MrAcidic

    MrAcidic Account Auto-Closed Gold Account

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    Would of been nice to have a positive end to the story, but it's the ups and downs that make things worth it (y)

    Learnt something from the comments, so all good!
     
  4. JudgeMind

    JudgeMind Bullish on .com PRO VIP Trusted Contest Holder

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    We all kick ourselves sometimes, take it as a lesson and think about that great ROI.

    Also, just because they are a big company doesn’t mean they have a big budget for your name, you said it yourself.. you just registered in a month ago. Perhaps you left a bit on the table but they likely wouldn’t have spent a ton to acquire the name.
     
  5. mAd MaX

    mAd MaX Established Member

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    It's a $10k domain imo
     
  6. MrAcidic

    MrAcidic Account Auto-Closed Gold Account

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    Just to be clear ......they did not pay and I advised Undevelpped to cancel.

    My takeaway from this whole episode is to take my time with future offers and not to automatically assume big company = big potential sales price.......


    Did you track the name down? :xf.smile: If so PM me it!
     
  7. EbookLover

    EbookLover Top Member VIP ★★★★★★★★★★

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    I think maybe @mAd MaX misunderstood your post, as did I.

    I though with your image, you were trying to say your domain is anticlimax.[tld]
     
    Last edited: Apr 12, 2019
  8. mAd MaX

    mAd MaX Established Member

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    No, since billion dollar company ceo was interested it's worth that much I guess...you can tell me the name if you want
     
  9. mAd MaX

    mAd MaX Established Member

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    He meant anticlimax as the situation stands I think
     
  10. MrAcidic

    MrAcidic Account Auto-Closed Gold Account

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    No it's not - would be nice though :xf.wink:

    Have edited the post
     
  11. mAd MaX

    mAd MaX Established Member

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    Selling a dot com domain (whatever the name be) to a billion dollar company for less than $10k (at least) is clearly underselling
     
    Last edited: Apr 12, 2019
  12. JudgeMind

    JudgeMind Bullish on .com PRO VIP Trusted Contest Holder

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    🤣
     
  13. mAd MaX

    mAd MaX Established Member

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    Your average sale price to end users is $3k-9k as per your statement.

    How much would you sale a domain for if you find out the buyer is a billion dollar company (not a PRO reseller)? 😉
     
  14. eurorealtor

    eurorealtor okre.com VIP

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    $500 is the CEO's lunch money, and he is willing to skip today's lunch only.
     
  15. NameDeck

    NameDeck Design. Develop. Deploy. VIP

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    They may come back eventually. I sold one yesterday after a year passed since someone first contacted me. They never accepted my counter. I upped the BIN after my counter expired and left it at that. They bought it at BIN, domain delivered money in my account :)

    If you're confident about the name, just be patient and have faith.

    Added: Just a mid $xxx sale but not a bad ROI for a 2 year hold on a handreg.
     
    Last edited: Apr 13, 2019
  16. MrAcidic

    MrAcidic Account Auto-Closed Gold Account

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    That's a good shout about adding a BIN, I just upped the min offer.

    Might just set a BIN as well and leave it be......They'll be back :xf.grin:
     
  17. Cdomains

    Cdomains Top Member VIP

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    Been there....done that.

    It always hurts when you act without thinking.

    We all have done this at some time.

    Along the same lines is when you quote a price and they don't hesitate and accept it right away.

    You will always wonder if you could have gotten more.
     
  18. asxforum

    asxforum Established Member ★★★★★★★★★★

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    I offered a domain to IBM a few years ago at $1,500 and they excepted the deal . A day later they offered me $100 told them to jump . At the end I got nothing and it cost them about $5,000 to get the domain in there account .
     
    Last edited: Apr 14, 2019
  19. strugar

    strugar Established Member

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    Why? If they are multibillion$ companies, they should be throwing money away, or allow to be fleeced off?

    I don't get this reasoning. If minimum offer is set to 500 $, I don't see why would anyone in his right mind offer a single cent above 500 $ in the initial offer. After that, it's another story, if they want to reach fast deal in two offers/counteroffers, or play back and forth in dozens of offers/counteroffers, but initial offer should be minimum offer set by seller, that's common sense, methinks.
     
  20. HappyW

    HappyW Owner of NamesMaker.com Gold Account

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    If I choose, I will respond directly to the price of 10 times. If it is to cut the price, I will reply 20 times the price. Because, frankly, this is related to the mood at the time, not money. Because you know that even if you don't sell it now, you don't need this $500. The same is true for purchases.
     
  21. artstar

    artstar Restricted

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    hmm why is your min $500 to start with? doh
     

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