discuss Best way to reply to 5 figure first offer?

[alcy]

so i've been domaining for 5 years.. and its been all regs for me (99%) ... and 99% of those were off fresh expiries. so I wasn't really expecting bigger sales .. i guess u could say aftermarket buying for resale is still something thats ahead of me... and i do look forward to it indeed.

that being said... my highest sale so far was 4 figures... 6xxx... so today when i had first offer in low 5 figures, which looks rather genuine ... i thought i'd make post of it... for others to learn from and for those with more experience to comment on.. and for me, well, to make my first 5fig sale as big as possible... thus... how would you respond to such bodis inquiry? its a 2-3 year old .ca handreg... taken in 30-40 tlds... let me know yer thoughts.......inquiry quote:

Offer: USD 12500
Message:
My client asked me to reach out to you. They want to use this for a business in Toronto. Please let me know if the bid works for you. They can move quickly if so

 

[Samer]

no bins
this was add lead
so now i need to make new add lead for new price

@Dan @LaszloSchenk tho usually dont post outside DAN thread.

Good luck! Keep us posted

Samer

 

[alcy]

I think it's a bit risky accepting the 4k immediately after accepting a offer of 12.5k, I would've countered at 6-7k. He may think he can reduce the price even more and come with a 1k offer next.
Hope I'm wrong and it actually sells.

lol yer right
which is why i mentioned he could be playing trick seeing i took his 12,5k

obviously there is limit to tricks he can play
lowering it to 1k wont work for me
i hope he knows it



but.. thats all just assuming its a trick. i cant be sure.

 

[alcy]

@Dan @LaszloSchenk even tho they usually dont post outside DAN thread. Your situation is different.

ok for moment i thought u thought im blaming someone

but your just trying to help in weird way lol

tnx

no worries, it takes 1 minute to make new lead
there is no need to ask dan to change it
they waste 20 mins reading this thread and i can make new lead and price in 1 minute

so all good

 

[Samer]

ok for moment i thought u thought im blaming someone

but your just trying to help in weird way lol

tnx

no worries, it takes 1 minute to make new lead
there is no need to ask dan to change it
they waste 20 mins reading this thread and i can make new lead and price in 1 minute

so all good

@alcy you’re one of most reasonable here; if anything, emphasis on any ur complaints, you’re credible, trustworthy.

It’s Why i’m rying help and understand your frustration, pain with anything in DAN process.

Even if it’s not what you wanted; I much learn;
Thank you for sharing; regardless wht happen!

 

[alcy]

@alcy you’re one of most reasonable here; if anything, emphasis on any ur complaints!

Why trying help.

your real hard to follow sometimes.
but im sure yer intetions are good even if sometimes i have no clue what you are saying or what is the langugae u use

 

[karmaco]

As the biz Will be based in the us we only really care about the .com
I'd buy the .ca for 4K today
Otherwise let's forget it

This is typical game playing and fishy to me. Hope it still goes through for you.

I think Samer took resent as I resent you. Not I resent the email.

 

[alcy]

As the biz Will be based in the us we only really care about the .com
I'd buy the .ca for 4K today
Otherwise let's forget it

This is typical game playing and fishy to me. Hope it still goes through for you.

I think Samer took resent as I resent you. Not I resent the email.

i have no idea what samer said... i just said i had to make new lead with new price. which i did have to do.

well... dont get me wrong id love to get 12.5k. or more.
but i also cant really aford to lose 4k potential sale on this little handreg.
so even if he thinks hes winning and tricking me into something (if he is) then on my end, im still thinking im winning with this sale.. so... u know... its all good. lets hope he pays

 

[RJ]

Some sellers never accept an initial offer because it makes the buyer think they could have had it for less. This has served me well in the past, but I have had my share of missed sales too.

This buyer could have started at 4k and you would have been thrilled no doubt. The starting offer did seem abnormally high for any domain so maybe there was a mixup with extensions. This is such a weird negotiation, I sure hope it ends well. Good luck alcy!

 

[Abdillahi Abdillahi]

As the biz Will be based in the us we only really care about the .com
I'd buy the .ca for 4K today
Otherwise let's forget it

This is typical game playing and fishy to me. Hope it still goes through for you.

I think Samer took resent as I resent you. Not I resent the email.

Agreed. @alcy mishandled the situation. He should ask what is the situation with the.com version? Can it sell for more than the initial offer they made? No one makes a mistake between .CA and COM. I would give them the benefit of the doubt if the name was .CO. So yes, they are trying a tactic with you and it appears you accepted

 

[alcy]

Agreed. @alcy mishandled the situation. He should ask what is the situation with the.com version? Can it sell for more than the initial offer they made? No one makes a mistake between .CA and COM. I would give them the benefit of the doubt if the name was .CO. So yes, they are trying a tactic with you and it appears you accepted

thats like saying that if i persued inquisition into this and his play on words or tactic.. it would have resulted in me getting my 12.5k... i hardly think its true.. if anything he may have realized im onto him.. caling him cheat or something...

im super comfy at 4k. obviously, i have my limits with the price.. its just that they have not been reached with his 4k price.

 

[frank-germany]

@alcy

it sounds fishy
but still I would accept

 

[alcy]

@alcy

it sounds fishy
but still I would accept

agreed Frank
4000$ is an amazing sale for .ca
for 2-3 yr old handreg

as it stands i have no way to know for sure if he's playing a trick.
and if not 100% sure, maybe trying to suggest it or ask into it, would result in no sale.
especially if he played no trick.

i prefer to remain cautious when the roi is still so good.

 

[DomainVP]

i resent dan checkout

I think Samer took resent as I resent you. Not I resent the email.

Lol, I thought the same thing.

The posts that followed was like a contest for who could be more misunderstood

 

[DomainVP]

Some sellers never accept an initial offer because it makes the buyer think they could have had it for less. This has served me well in the past, but I have had my share of missed sales too.

This buyer could have started at 4k and you would have been thrilled no doubt. The starting offer did seem abnormally high for any domain so maybe there was a mixup with extensions. This is such a weird negotiation, I sure hope it ends well. Good luck alcy!

^ This. Great advice RJ.

For me I never accept the first offer. Ever. It leaves too many psychological cues for the buyer to back out.

Even with outbound I usually get some counter offer and I never accept it even if it's more than I expected to get.

I want them to either raise their offer, or be firm so that we can discuss some other things that will ensure that the sale converts.

Where I have made missteps is when I've said no to high offers after 2-3 communications and then the sale falls apart.

Either way you've got to be good with what you do.

Hope the sale goes well @alcy !

 

[FolioTeam]

your real hard to follow sometimes.
but im sure yer intetions are good even if sometimes i have no clue what you are saying or what is the langugae u use

I think he read the "I resent Dan checkout..." as

I hate the checkout at Dan

instead of

I sent back a Dan checkout for a payment of 4k

 

[alcy]

Lol, I thought the same thing.

The posts that followed was like a contest for who could be more misunderstood

lol
weird
resent is a word.
plus if u dont just cut out 'i resent dan checkout' but keep the "for 4k" part..

then it can only mean one thing.. and it sure ain't "I hate dan checkout for 4k"

communications can be funny sometime

but i still think samer wins it over me in the hard to follow department haaha jk

 

[alcy]

^ This. Great advice RJ.

For me I never accept the first offer. Ever. It leaves too many psychological cues for the buyer to back out.

Even with outbound I usually get some counter offer and I never accept it even if it's more than I expected to get.

I want them to either raise their offer, or be firm so that we can discuss some other things that will ensure that the sale converts.

Where I have made missteps is when I've said no to high offers after 2-3 communications and then the sale falls apart.

Either way you've got to be good with what you do.

Hope the sale goes well @alcy !

great advice as always! ty.

lets be honest... we also cannot exclude possibility buyer/broker simply thought things over since making offer and realize what ive been saying all along.. and most here.. that 12.5k for recent reg .ca is just not what avg sales are in .ca... and if thats what they realized.... for a totally non binding bodis inquiry offer... with no ban to follow from market or such... then who am i to push them.. i could try... maybe i should.. but 4k is too good a price for me still to risk it... and there is always a risk if u push... and make fuss or inquisition out of their every word....

 

[RJ]

What's the status of the .com? Is it actually for sale? If it's not, maybe they really do need this .CA more than they are letting on.

 

[alcy]

What's the status of the .com? Is it actually for sale? If it's not, maybe they really do need this .CA more than they are letting on.

good point

com for sale
makeoffer
no bin

its actually the type of name where 12.5k for .com offer would not be unreasonable.. for buyer to make..... or seller to accept.. just maybe a tiny bit on low end.... hence 12.5k being first offer.. then maybe they would have been willing to negotiate..

perhaps an error aftr all.. guess we'll never know.

they did say at first toronto based biz though. still not conclusive error wise.

or as i said... they simply chnaged their mind... and this isnt gd offer where i can click accept and they basically must pay. unless they do not care for their gd accnt

 

[DomainBarracksRob]

not sure if it's been asked yet

Did you receive an IP address with the offer? Have you checked that out?

I know this does not always give 100% accuracy but may help you to identify/sort out some of this geo gibberish about Toronto/US