advice DAN.com Negotiation

[David Day]

I have a domain that I'm sitting on, .com, been wanting $500 for it for a while now. That's the listed BIN price. I think I've renewed it for 2 years. (It's a 2 key word .com)

Today I got a $100 offer.

Do you think I should use the DAN.com counter-offer function and maybe shoot for $250? I fear that they'll walk. But, $250 would definitely make me a happy camper. Especially just in time before the dan.com commission changes?!

It also sounds really good to cash out on a domain name so I have more money to put back in, heh.. to fund the addiction of course!

No, but seriously, would love your suggestions.

 

[Dane]

I countered $250. Here goes nothing! I will post an update.

So what happened?

 

[David Day]

No way to know without knowing the name. Its not like 500 was unreasonable. They are just a cheap fellow domainer. Totally up to you.

You left the door open by having such a low opener on a low BIN

Wise words, if you're interested I can dm you the name. Thank you for the insight.

 

[David Day]

I countered $250. Here goes nothing! I will post an update.

 

[karmaco]

No way to know without knowing the name. Its not like 500 was unreasonable. They are just a cheap fellow domainer. Totally up to you.

You left the door open by having such a low opener on a low BIN

 

[clickcents]

Majority of buyers coming in dan will have an easy budget of 250 USD if they want to buy a name..I have many cases which started in 99 USD and buyer finally ended in 299 almost..If you feel your domain worth $250,just put counter offer and hope that you will get the sale between 200 to 300 for sure

 

[David Day]

Majority of buyers coming in dan will have an easy budget of 250 USD if they want to buy a name..I have many cases which started in 99 USD and buyer finally ended in 299 almost..If you feel your domain worth $250,just put counter offer and hope that you will get the sale between 200 to 300 for sure

Awesome. Sounds very optimistic. I am curious where my lead came from. Fingers crossed.