Am I 'playing it right' to buying this domain? Worth: reg fee; BIN: $8900??

[tristanperry]

Hello,
I'm trying to purchase a domain off of a domaining company (an automated one, it seems?). I own the ".org" of this particular name, and am trying to buy the ".net". The domain doesn't mean anything, and is worth reg fee at best. However I have a website built on the ".org", and so wish to buy the ".net" also.

I approached this company about buying the domain, and they came back with... well, I'll quote the e-mail as it stands this far. Why are they looking for such a day-light robbery-like price tag?

Hello,
Are you interested in selling [domain].net? If so, what sort of offers are you looking for?
Thanks,
Tristan

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we are reviewing offers over 8900 (american dollars)


thank you

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For [domain].net? $8900?
Tristan

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yes
We are looking forward for your offer
thank you

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$35 was my max. for this domain.
Thanks,
Tristan

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7850 (american dollars)


thank you

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What appeal do you see in this domain? No offence, although the name doesn't make sense and it's a .net?? How can you justify the high x,xxx price tag? It's worth low-mid xx.
Thanks,
Tristan

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6900 (american dollars)


thank you

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Hello,
Sorry however I'm not trying to barter here - this domain isn't worth anything (no offence) - hence my $35 offer (which is 5x reg fee!)
Thanks,
Tristan

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5900 (american dollars)


thank you

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$35 dollars maximum. [domain].net gets no traffic, and doesn't mean anything. Paying 5x reg fee is very generous.
Thanks,
Tristan

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4900 (american dollars)


thank you

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$35 dollars maximum. [domain].net gets no traffic, and doesn't mean anything. Paying 5x reg fee is very generous.
Thanks,
Tristan

This is my first dealings with such a company (presuming they are an automated domain buying company?). Do you think showing interest in the domain means it'll be renewed now (due to expire 11th of November)?
Thanks, any help/insight would be appreciated
Tristan

 

[angisson]

hey if you keep going mabe they will go down to your price. looks like you are heading that way fast

 

[Ronald Regging]

haha angisson thats what I was thinking too why not get the .com? You say the domain has no value but there has to be some reason you're going after the .net rather than the .com.

 

[dnb8]

hey if you keep going mabe they will go down to your price. looks like you are heading that way fast

:bingo: hehe

 

[TheBulldog]

At that rate, you should have it in about 20 more emails.

 

[Spade]

Thats pretty amusing. Ive never had a negotiation quite like that. My next question is why not go after the com?

 

[Midano]

Don't stick to $35.
Start dropping your offers. $31 ... $27 ... $22 ...

 

[jehnidiah]

My thoughts are that they probably can't understand English too well, and figure if they make it lower and lower you might buy, since they don't know what you're saying in response to them.

Say:

"35 (american dollars)"

Maybe they'll get it? hehe

 

[tristanperry]

Okay, I'll keep e-mailing them back until the sale price is $-9000

Thanks for the comments all

As for the .com... that's taken also. I've had no luck with contacting the company who owns that. My website, based on the ".org" gets a pretty good amount of traffic, hence why I'm guessing the ".com" and ".net" were registered (automatically)?

 

[AdoptableDomains]

Looks like they countered lower 5 times when you didn't budge. That seems to indicate they are willing to take much less, and are probably just trying to maximize their take. Unfortunately, they probably know the .org is developed and apparently the .com must be developed. That alone will probably keep you from getting it for $35. If they know you own the .org, they will see your need and probably be less likely to negotiate. If you've hidden that fact by using a different name, email address, etc, you will be better off. You might tell them you are in the same business as the .org owner (but don't let them know you ARE the .org owner and you are still being true.) Tell them you are interested in the name for stray typo traffic from the com and org, but need proof of the traffic to see if it's worth the hits you might get. If the domain truly is worthless from a hit standpoint, then they've proven it to you. If it does get hits, you know it does have some value for those hits. Offer to pay based only on the traffic and you should both get a fair deal. Be prepared to walk away if they are unreasonable. Then offer a fair price again months later when it's about time for them to renew. At that point they know you are not desparate and may reconsider to keep from renewing without a sale.

 

[DropLister]

lol the price is dropping like a stone

 

[owntype]

hey if you keep going mabe they will go down to your price. looks like you are heading that way fast

too fast :tu:

 

[IAmAllanShore]

My observation:
They are the worst negotiators in history, although your willingness to pay only $35 for a .net with a developed .org is somewhat "cheap". You protest a lot, but they are moving, you are not... I can't pretend to be the foremost authority on domain name negotiations, but you've gotta be willing to pony up the money if you really want it - otherwise the time and effort aren't worth the $20-some this guy stands to "gain", depending on how many years he/she has owned the name. (I mean that if the .net has been owned for 3 years, it has cost around $25, and you're only offering little more (Maybe even less) than the NPV assuming $0 in revenue from the domain... Now pretend the name makes him any $ at all from parking operations, and he/she would be a fool to sell it at $35.
Just as a disclaimer - it's obviously not me that you're trying to buy this name from
-Allan :gl:

 

[Seabass]

IAmAllanShore is right.

I don't sell names, but if I did I would not bother with anything under $400, even if it is senseless. It's a time/effort play and I would not feel like bothering with anything lower. My time is too valuable b/c I can make much more money doing something else with my time.

$35 is really chincy IMO - I don't care if it is 20 X reg fee.

Offer him $500 if it is really important to you. You'll get what you want, be done with it, and be happy hopefully.

 

[DomainMagnate]

Don't stick to $35.
Start dropping your offers. $31 ... $27 ... $22 ...

that's a good suggestion :bingo:

 

[GeoOwners]

offer $300-500 and if they refuse ignore them for a while...they may come back in a month after they relise they may have lost you...



.

 

[S-L-O-W]

IAmAllanShore is right.

I don't sell names, but if I did I would not bother with anything under $400, even if it is senseless. It's a time/effort play and I would not feel like bothering with anything lower. My time is too valuable b/c I can make much more money doing something else with my time.

$35 is really chincy IMO - I don't care if it is 20 X reg fee.

Offer him $500 if it is really important to you. You'll get what you want, be done with it, and be happy hopefully.

You have it right on the money my friend. I rarely sell names below mid-high xxx If someone want's it, well pony up. This is an industry! $35 are you kidding me? I haven't sold a domain that low since 2004!

 

[bobdigital]

try $17.50 maybe they'll drop their offer by half, instead of only $1000 each email

 

[VURG]

I don't understand why the owner of the name is wasting his time with you. A $35 offer is not a serious offer.

 

[IAmAllanShore]

I don't understand why the owner of the name is wasting his time with you. A $35 offer is not a serious offer.

And you know it's true when the guy who makes his name off of <$96 domains calls you out for it

Much, much love,
-Allan :gl: