Iโm not just talking about Rick here, but any domain investor whoโs made it, Iโve seen them talk on social media what people should and shouldnโt sell for and how much you should ask. Itโs easier for them to ask for inflated prices, as theyโve already made their millions, 1 more million on top of the $8 million they already have in their bank wonโt enhance their life in any way to what it was the day before.
But If a company puts a high 5 or 6 figure offer on the table for a domain to a family from a low/middle class background who are working 50 hours a week in an average job and struggling to feed their family, itโs very hard to say no and โHOPEโ this company will come back, thereโs always that chance they wonโt and then theyโve lost a potential high (life changing) amount.
Iโve always looked at domains like the TV show โdeal or no dealโ do you take the ยฃ75k offer for your box or do you carry on and โhopeโ you get the ยฃ250k, but if you carry on thereโs always that chance you could lose it all.
I feel people just need to do whatโs right for them. $850k is right for Rick for this domain, fair play to the guy, but that $70k may have been right for another owner and they shouldnโt criticised for that like some people do on here with some sales, you always get people commenting saying โbuyer got a stealโ โshould have sold for moreโ sometimes you need to just say โwell doneโ regardless as people need to do whatโs right for them and their own financial needs.
I love hearing about $50k sales thatโs changed a life more so than millionaires making more millions, as much as Iโm pleased for them too doing that too, I just feel those big sales (but not millions) thatโs changed a life matters much more.
