offers Ever say no to this? Bought on Friday $600, Offered $5000 on Saturday.

[LarryDomain]

So I bought a name that was catchy because it was a nickname I used for my son for $600 on Friday. Two days later, someone offers 1k for it..I say no..they raise it eventually to $5,000. It was hard, but I still said no.

Sometime sons are more important!

 

[rhakim]

You can lease it, and when your son grows, you still own it.

 

[urlurl]

mind telling us

 

[yesterday]

my sons don't like the nicknames I gave them when they were young.

 

[Ross Murray]

$5k is a huge amount and you can buy a lot of important stuff for your child. You can always buy a new GTLD also if the domain is too important for you.

 

[UncleBrand]

great story,
the value of a domain is what does it mean to you,

keep it maybe your son can develop his business skills by using this domain,
teens spend so much time creating content for free, it's like they are volunteer for big companies, they just don't realize it

 

[Nattydomain]

For 5K you could do a lot better towards your son then his own domain name! Rethink this if they step up their offer even by $500

 

[trp3]

I am curious what your son thinks about it.

 

[Cdomains]

If you don't take that offer you will regret it severely in the future.

This happens a lot.

You have interest in a name and you get an offer soon after you reg it.

So you think it is a great name and you will get lots of other offers.

Then a few years go by and you have been renewing the name and still no other offers.

Now you wish you sold the name when someone offered you good money for it.

The thing is you never know if you will get another offer on it.

It is a good amount of money, and if you have a gut feeling that this is a very specific name that not many other people will want then you should take the $.

Then put the money away for your son's college or whatever.

 

[Cdomains]

It may be that they have deep pockets and have someone they love who might 'deserve' that domain in their eyes. In that case, they might be willing to go a lot higher.

True, or maybe they will go no higher and never contact you again.

You have real money on the table now and it is a very good return.

I don't know what the name is, but still you have 5k now, and that is really something.

 

[DomainVP]

True, or maybe they will go no higher and never contact you again.

No risk no reward.

Plus like I said back then I wasn't great at sales.

Now I can walk prospective buyers right down the road I want them to follow.

 

[LarryDomain]

So I decided to keep the domain. It would be difficult for me to buy his first name..And I'm certain I wouldn't have a chance to buy back the nickname. So I told them it's not forsale any longer. Also I have his brother's name so if I have nothing for him, he'll be a bit upset.

Thanks everyone for sharing your thoughts.

 

[platey]

leasing the name could provide pocket money

 

[DomainBoxio]

Interesting predicament

 

[carob]

Ask you son, if he prefer nick name or $5k.

Yes I was wondering if your son knows about this situation?

If my dad told me this... well I'd say, ok, I want a name change and 5k please.

 

[yesterday]

I bought the nickname of my son on here 2 days ago and I STILL haven't had a $5000 offer . . . .

 

[DreamZ55]

now that your not selling the domain name. Can you reveal the domain name?

 

[yesterday]

lease it to your son. That way he'll learn alot about business and who he can and cannot trust in life

 

[RGkiiing]

Bet your son will tell you to sell it lol

 

[CdotFU]

You purchased it on an impulse that was based on your emotions...strong emotions towards your son, not for the purpose of reselling. The fact that offers have come through is just a nice bonus, if for nothing else than to say that its a special name.

You'll never regret not selling it as long as you think about your son and what value that domain name will have for him as he gets older. The possibilities of what he could do with it are only limited by his imagination, and since its his nickname, his emotional attachment will probably translate into something pretty decent, which ultimately will make him happy.

He's that generation....imagine what it'll be like for him when he of age to understands what dad is giving him.

no brainer...keep the domain.

 

[platey]

It's a great flip, that's for sure! The buyer came back to me and asked what I wanted to sell it for this morning but I haven't responded. I previously told him I didn't want to sell it. I personally would not have paid over $2000 for it during auction, but now that I have it. It's harder to let go due to it being the EXACT nickname I use for my little one. He's preteen.

Like some had mentioned, I may never get this offer again. That's probably true but when it comes to a domain that you have a personal attachment to. It's not a big deal if you don't get the offer again in the future.

I just found out that the buyers are using a different extension at the moment and the site is quite popular but it's not the .COM. Looking at my stats, the .Com gets about 80 hits a day from unique typeins. I took it off of parking to make sure they don't think I'm regging to steal their brand..etc.

i own surname in .com which i dont want to sell but have not recieved an offer on it yet tho

 

[hugegrowth]

Great story here, thanks for sharing

 

[Sam Roy]

@LarryDomain As a somebody said lease the name. You will have recurring income. choice is yours of course.
And of course I don't know why they want the domain. If for development it is worth leasing.

 

[namezest]

I think you did right, I turned down a hand reg in 2009,
i was offered 10k in first week and 25k in a month. I developed it and it made me over nearly 10 times the 25k offer. I still have the domain and I would want probably a minimum of 50k offer to to even consider selling it.

 

[Elon Swift]

good you thought of your son . But sometimes you need to put the emotions behind and you need to see that $5k is a very big amount. You can buy a lot of other domains for that kind or you can lease that domain name and take it afterwards. But give it a thought

 

[eurorealtor]

So I bought a name that was catchy because it was a nickname I used for my son for $600 on Friday. Two days later, someone offers 1k for it..I say no..they raise it eventually to $5,000. It was hard, but I still said no.

Sometime sons are more important!

Ask you son, if he prefer nick name or $5k.