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Ego vs money (how it took close to a year to close a 6 figure .tv sale)

Labeled as domains in Domain Industry News, started by equity78, Feb 20, 2021

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  1. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    I have been brokering names for many years, not at the level that a Rosener or Evanson does, but for some clients that I have known for many years. One such client just deals in .tv and I have brokered some names for him in the $10k to $20k range. Most of these transaction were […]

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  2. platey

    platey Top Contributor VIP

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    Well done

    But in sales negotiation. You dont start to earn money until you start staying no

    If you accept first offer

    You leave a lot of money on the table
     
  3. Bannen

    Bannen Don't say Huh? too much; pretend you understand. VIP ★★★★★★★★★★

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    Also a good lesson for brokers; I broker premiums (but I don't own any) and no matter how rude/insulting/profane anyone involved gets, it's the broker's 'level head' that may make or break a deal. Because often, buyers and/or sellers are not necessarily nice, or patient, or considerate, or polite. And quite often, without a level headed middleperson to smooth the way, when the insulting (or irrational demands) emails start flowing, it isn't uncommon for the buyer or seller to say, "This isn't worth it, dealing with a dick like this. Screw it."

    I've received some pretty heated communications, in my years as a seller and as a broker. My rule has always been: be like cotton. Ha. Let the others involved be like sharp edges or sledgehammers, slicing and pounding away at each other. Be a cotton swab and clean everything. Gently.

    After a sale, surprising how many people will apologize for their bad behavior during the process, and thank you for maintaining a clear head and for not being drawn into the squabble.
     
    Last edited: Feb 20, 2021
  4. Mytz.com

    Mytz.com Top 4L [email protected] ieie.com CuTu.com NeSu.com QAMI.com PRO VIP Gold Account

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    very good
     
  5. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    Very True
     
  6. ddesigns

    ddesigns Established Member ★★★★★★★★★★

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    Nice write up, thanks for sharing..
     
  7. Kris88

    Kris88 Upgraded Member Blue Account

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    Its never a good idea to sell too low just for the sake of making some quick case, especially with LLLL domains, the longer you wait, the more valuable they become
     
  8. Dotorium

    Dotorium Established Member

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