discuss Did you receive an offer to sell your domain name for monthly payments ? I did.

[jamaltq]

Hello guys
I have received an offer for a domain name through one of a domain market place.
The buyer has offered $5,000 down and $833.33 monthly for 48 months.
That is a total offer of $45,000 which is my asking price.
I have passed it and asked for one cash payment.
So, did you receive a similar offer before?
Thanks for sharing.

 

[korganian]

Sure

By the way, Epik just added 12 months to pay option to all their marketplace listings. You can turn it on or off for each domain and you can add any extra fee for yourself if you like.

 

[jideofor]

Always coming with different threads while leaving others unanswered or not concluded with readers hanging in the air...

 

[Mister Funsky]

I have passed it and asked for one cash payment.

If I have a name and I want 10,000 for a cash sale but someone wants to make payments, I will give the option for a payment plan but the total goes up to 11,000 (covers financing costs, hassles, etc)

The buyer does not get ownership of the name until paid in full...miss a payment and the deal is off and I keep whatever has been paid.

 

[mad409]

I have no problem providing payment plans, done it a few times..

 

[baseballworld]

Never did this method but I wouldnt see any issues with it.

 

[silveraden]

I had a similar offer before for a total of $28,000. The buyer agreed to release only the domain after full payment. The payment was seated on escrow for more than 6 months. The deal was closed without any problem. If you can wait, then do it.

 

[SpareDomains]

See no problem with payments as escrow services have implemented them. My payment plan price would adjust higher than my lump sum buy it now price depending on how long they need to finalize the transaction.
https://escrow.payoneer.com/blog/new-options-for-domain-sellers-domain-holding-orders

 

[Dominic Belley]

You must be very confident in your domain to refuse your asked price of 45K.

 

[.NJ]

Did anyone see the flying pigs today?

 

[imadoer]

Im not sure why you didnt do a payment plan deal for 45k and 5000 down im lost.

I bet you dont have more then 5k in the name.

 

[abcproductions]

I would have agreed to those terms in a heartbeat.

 

[jamaltq]

You must be very confident in your domain to refuse your asked price of 45K.

Yes, it is worth.
Thanks.

 

[imadoer]

do u have 5k in the name??

 

[jamaltq]

do u have 5k in the name??

What do you mean?

 

[imadoer]

did u pay 5k or more for this name??

 

[jamaltq]

did u pay 5k or more for this name??

Yes, but I have already received $35k offer for it in the past.

 

[imadoer]

sure..

 

[SirDrago]

@jamaltq

1. Put everything in writing.
2. Receive payments by bank wire only.
3. Don't transfer the domain, only point to their host. (DNS)
4. Beware of content! No porn, No blackhat, No spamming or clickbait.
5. No refund.

Best of luck!

 

[jamaltq]

@jamaltq

1. Put everything in writing.
2. Receive payments by bank wire only.
3. Don't transfer the domain, only point to their host. (DNS)
4. Beware of content! No porn, No blackhat, No spamming.
5. No refund.

Best of luck!

Thank you.
The process will be through the domain market place.

 

[SirDrago]

Thank you.
The process will be through the domain market place.

That doesn't mean squat unless they provide the above mentioned.
YOU need to have the above in physical writing!

 

[jamaltq]

That doesn't mean squat unless they provide the above mentioned.
YOU need to have the above in physical writing!

Sure, thank you for the advice, I will take care for it.

 

[.NJ]

If all this is even legit.

I'm assuming its the name in your avatar.

If it is I I one question.

Have you ever had a time in your life yet where you later realized "you made a huge mistake"?

This may be the time.

The first payment would have already been in my account.

 

[jamaltq]

If all this is even legit.

I'm assuming its the name in your avatar.

If it is I I one question.

Have you ever had a time in your life yet where you later realized "you made a huge mistake"?

This may be the time.

The first payment would have already been in my account.

Thanks for your post.
This thread is not regarding the name itself if it is worth the offer or not.
I am just discussion selling under monthly payments term.

 

[Smiles76]

If all this is even legit.

I'm assuming its the name in your avatar.

If it is I I one question.

Have you ever had a time in your life yet where you later realized "you made a huge mistake"?

This may be the time.

The first payment would have already been in my account.

Exactly! Many domainers don't realize that one buyer may be all you'll ever get for a domain. There was a name I was interested in 13 year ago and the owner refused to budge on the price because they felt it was "worth it". Well, they still send me emails asking if I'm interested in the name 13 years later and of course I'm not. Never assume a potential buyer is not looking at alternative names.