NameSilo

Declined a € 950 offer on a € 0,99 domain

Labeled as offers in Domain Selling and Domain Sales started by envos, Sep 4, 2019.

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2,580

  1. LiamShiff

    LiamShiff Established Member

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    I would've taken it. unless you have solid leads
     
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  2. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

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    It is 100% better to sell and then reinvest money than losing few years while dreaming about another buyers...
     
  3. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

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    Domaining is also a question of luck... never forget this factor.
    Legacy terms like "business plan" are irrelevant here.
     
  4. 4better

    4better Established Domainer VIP

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    Well, you won't go anywhere if you won't take a risk. Life is all about taking risks. Sometimes you win, sometimes you lose. In either case, you will earn something or you will learn something.
     
  5. Jv1999

    Jv1999 Spamming Exo: Dark Merc of the Exo-Tower VIP

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    Nah. I got a 600 offer on voice///ed/// it in king a couple of years ago. Never got an offer since.

    $1 to 950 would've been hot af if it weren't for sedo's 30% commish
     
  6. UncleBrand

    UncleBrand Top Member VIP

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    domaining is a business apart from conventional business
    you can have 10 queries in a few months,
    then zero for a few years

    all profitable business rely on cashflow period
    so you better get a deal done at a profit when it's possible

    if you can buy a domain at 500$ that is worth 20-100X, you take the money and you get that domain name
     
  7. frank-germany

    frank-germany domainer since 2001 / musician Gold Account VIP

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    if are not targeting $10.000 USD with that domain
    it would have been wise to accept

    let sedo know you accept it
    and let them close the deal
     
  8. Bob Campbell

    Bob Campbell New Member

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    I agree. A few years ago I hand registered Officialized.com ( unfortunately I accidentally let it expire.)

    I hand registered DiscoveryDesk.com sold it for $2,850. to someone who found me through who is.
    The next day I hand reg DiscoverDesk.com

    A few months ago I hand reg Levitaste.com and I just turned down an offer for $350.

    I also hand reg PerfectlyPutt.com a few months ago.
     
  9. envos

    envos Established Member

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    A week later after the closing of the negotiation here is another offer (I believe from the same company). Let me explain why it is € 1.359.

    Here is the auction:
    Company: € 849
    - Me: € 1.359
    Company: € 950
    - Me: "I close the negotiation"

    Now they're giving me the asked amount. I'll wait few days but I already know what I will do, unless someone changes my mind. I want to take it for few years.

    [​IMG]
     
  10. falez

    falez Established Member

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    COLOSSAL ROI
     
  11. envos

    envos Established Member

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    [​IMG]
    In the end I did some investigations and decided to sell it at the final price of 1.3k
    It's my first sale, it couldn't have been better.
     
    Last edited: Sep 14, 2019
  12. FolioTeam

    FolioTeam Top Member VIP

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    Congrats on the sale
     
  13. alienbaba

    alienbaba Escaped AREA 51 Gold Account

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    Great ROI!
     
  14. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

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    If you prefer MakeOffer model - use your own or 3rd party Contact Form...
    In terms of smooth negotiations and for higher results - any marketplace is a bad choice.
     
    Last edited: Sep 15, 2019
  15. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

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    And regarding ROI...
    It should be calculated per whole portfolio.
    1 domain doesn't mean anything.
     
  16. Trader247

    Trader247 VR is Internet2.0 Gold Account

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    Congrats on the sale. My first big sale was $5k USD was a handreg in .com.

    By selling and picking up a few more names you replenish your inventory, increase your odds of generating more/regular cash flow x fold, possibly cover renewal costs for a few more years and most importantly for you, given that you are relatively new to this, you'll learn a lot more during the process outlined above as opposed to sitting on 1 domain name waiting to get more than the $1.3k you closed at.
     
  17. poweredbyme

    poweredbyme Democrat.win VIP

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    In what time frame?
     
  18. Crypto King

    Crypto King Cola.com - iyaz.com - Peculium.com - BVMI.com VIP

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    That real estate comparison does not compute. If I put a house on sale for $350k minimum offer and I get a $385k quick cash offer, I would probably take it. If I chose not to take and waited 5 years (with the house still on the market), the property will likely lose value as people don't like to buy houses that have been on the market for so long.

    Nevertheless, I would have accepted. I would suggest putting the minimum offer higher if the amount is not something you are happy with. If you are solely basing the decision to sell on how long it took for an offer to come in, I find it perplexing.
     
    Last edited: Sep 23, 2019
  19. poweredbyme

    poweredbyme Democrat.win VIP

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    I would list it with BIN only or would do it after the 950 offer. BIN works better for most domains. BIN eliminates lengthy offers-counter offers negotiations and creates urgency feeling in buyers as anyone is far only 1 click from buying it.

    I think Sedo is the leader in selling ccTLD, especially de and other European ccTLD's. You might borrow most of your success to Sedo.
     
  20. Trader247

    Trader247 VR is Internet2.0 Gold Account

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    Do you mean from when i started with domains or when i reg'd the domain. If the first it was years until i got that $5k.

    If from when i reg'd it, it might have been over 1 year but under 2 years...i am going of memory here to be honest. I was doing a lot of research on trends etc at that time and weed was something being legalised in majority of the states in the USA. Being too late to reg any decent names, i looked at other countries and got a UK weed name.. I think a domain investor purchased it via Uni with a strong first offer. There is a post here with the name and some detail.
     

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