discuss Confidentiality SUCKS

[MapleDots]

Confidentiality Sucks

I have had 3 big sales at 75k each and in each case I signed a confidentiality clause which prohibited me from talking about the domain.

In retrospect I find this really hampers my domaining business because I cannot give examples of my big sales to prospective client. Since I specialize in a unique targeted part of the market I rely on sales statistics to justify prices.

So here is my dilema...

I am in the midst of closing my biggest sale to date and it is well over the 200k mark. The problem is they want me to sign a confidentiality clause. I swore I would never sign another one and I am sticking to my guns. I turned them down flat and said no deal.

Now I know you are all thinking that was pretty stupid but I don't think so. First off, I don't think I will lose the deal and secondly I need my sales stats to target other sales.

The biggest players in the business regularly publish their sales statistics and they become like gods in the industry. They sell a domain based on the fact they got huge money for previous sales.

Looking for some feedback here from anyone who has had some larger sales.

 

[smartwebby]

Have the NDA expire after a certain time period, e.g. 1 year, as a middle ground. After that, you can spill the beans.

I think GeorgeK has stated the best and simplest solution imho. Will give the purchasing company ample time to protect themselves and also put privacy into place.

 

[d-e-x]

Who cares what anyone knows....

Well, if I have domain xxxxsex.com and I sell it for $20k and that sale you can find on NameBio maybe that will help you or anybody else to not sell your domain xxxxsex.com (which is way better than mine) for $50-$100 on NamePros for example?

Till now I have signed 2 NDAs and I am not talking about big sales ($3k - $30k range) and one of them I have signed with well known domainer! He will sell that domain for big $ for sure and he want to hide how much he gave for that domain. Now, I don't have a problem with that, I got my price and I wish him all the best and big ROI.

 

[.NJ]

This thread is becoming comedy central.

90% of domainers can barely sell names for what they even paid for them, and we are here discussing "confidentially" and "NDA's".

Not trying to be a Debbie Downer but let's come back to planet earth here.

I have completed hundreds sales with some quite large ones in my time.

To this day I have never been asked to sign an NDA with either a reseller or enduser.

Baby steps first before walking....

 

[uglydork]

I would just take the money - don't let pride get in the way, that's why wars start. Take the cash and move on to the next deal. Your reputation is solid or this wouldn't have sold. Its all good