Everybody wants premium names but check the budgets in domains wanted

[biggie]

just want to bring this up, again

if you want premium names, then expect to pay premium prices


you don't want certain letters or only want specific numbers or want the name to end in "ie" only.....then you gotta pay extra for the extra criteria


you want names with pr, traffic and ppc earnings, you gotta pay extra for those too

also, it's trickery to post that you got $10k budget for the right name, but every offer you make on a qualified submission is only $250

increase the budgets!!!

 

[Willox Perez]

A lot of great points made and it is very true the budgets should increase but everyone hesitates to determine the true value of a domain. There will always be doubts from a buyer not knowing if this domain is really worth what they are going to pay for it.

The value for the most part will be in the eye of the beholder and the overall history of the recent sales of similar names.

The way I look at low ball offers is simply this is someone who is interested in this domain and so I go back and forth and negotiate to find out what they are truly willing to spend on it and if they will be willing to go up anywhere near my target price.

Keep in mind just because someone gives you a low ball offer does not mean that is all they are willing to spend.

 

[Paully]

Biggie. You are fighting human nature AND the accepted business practice of buying low and selling high.

The WTB section is what it is. The only way that you are going to effect change is to set up shop in there and offer people fair prices yourself. Use your own money to set the benchmark and cut off the supply to the low ballers. Until you are prepared to do that, you will never be able to impose a moral code on others.

 

[Name Trader]

@distlej - If you think asking prices are too high in the Domains Wanted section, you should try to purchase something in the Make Offer section. IMHO. It's much worse there. Basically, I think it's the sellers fault because they are looking for end-user prices in primarily a domainer marketplace. I hardly ever go to those two sections. If I want to buy cheap, I go to the Domain Auctions and Bargain Bin sections. You might need to wait a bit longer to get what you want, but they do come along and the prices are generally domainer realistic, because they are dumping their domains.

 

[yogiDomain]

Make Offer section. IMHO. It's much worse there

I will agree with stub. When you know what the domain is worth and ready to pay more than the market price, the seller says looking for more and later when you ask what are you looking for they reply make offer.
This goes to square one. even i have stopped going to Make offer section as i have failed to make any deal in there. Its stupid to make offer as the buyer will reply looking for more.

 

[SirDrago]

I did misread your post, apologies. I sometimes forget the "Pass" after the puff puff.

 

[Asfas1000]

The problem is 2 way... If you have a budget of say 10k, it does not mean you will pay 10k for something worth a few hundred.

Also, people don't follow simple things like a request to include price... When I'm a buyer, asking for the price shouldn't be difficult but you would be amazed at how many fail to follow a basic request. Also, you get a load of hand reg that day, with a price, almost like magic, at your budget threshold!

Oh... And you ask for .coms, but get sent .xyz .org etc

I agree....but on the flipside...

1. Searching through hundreds of your domains to find the few that are according to the buyer's request, noing registrars and expiring dates, or whatever every buyer asks, takes time. Let's say just 5 minutes. Given one sells at NP less than 10% of the time (infact closer to 1% of the time), you practically spent 50 minutes to get 1 sale. And what is the seller's profit from this sale , with reseller pricing ?

2. Buyers don't respect sellers' time (at least those sellers that submit domains according to specs) and don't even respond with a simple "No thanks" or "Too expensive". With zero feedback, legitimate sellers are less inclined to resubmit domains.

 

[zurc.net]

just want to bump this up with a new observation in domains wanted section

i've noticed lately, that some members are now saying that they will "report" you, if your submission isn't within their criteria

and it looks like majority of those who have stated this, basically joined np within the last year or so

don't have a problem with that, if the submissions are way off base,

but does that "threat" of being reported on, inhibit you from replying?

as for the budgets

some have posted higher overall budgets, but the "per name budgets" have been stagnant.
not seeing any real increases in that area, for any particular category

so i gonna keep saying it... "if you want premium, you gotta pay for it"


imo....

I am actually blocking people instead, reporting doesn't work when the "offenders" have to be reported several times for anything to actually happen.

When you make a request thread and only 1 out of 100 PM's actually meets the criteria you are asking for... Guess you have to do something on your own if the administration won't, which is half understandable, but annoying at the same time.

If I ask for two word .com's with a max $500 budget, I get four word .com's for $5000.... it's getting ridiculous. If you don't have what I am asking for or within my budget, don't contact me. It's that simple, but many people just use any WTB thread as a target to spam them with irrelevant, overpriced names...

 

[canswift]

Interesting thread @biggie, and much along the lines I've been observing / thinking.

Yes, the "I will report you for spamming" threats totally put me off replying, even though I am very measured with what I submit.

The budgets seem totally out of whack with what is being asked for, and frequently from someone who just joined NP that very day!

I get quite browned off seeing budgets presented as "$5000K", when in reality the OP is expecting to buy a large number of domains at maybe $50 each. This is usually not made clear at all.

 

[Haykay2005]

A guy reported me for sending irrelevant names. I was banned initially but later won the case. He asked for a 2 word dictionary names and all I sent was two word dictionary. I invited the moderator to the Conservation to see the list I sent. So the moderator later realised I never violated the rule and apologised. I think my offence was fixing a premium price for my name. This is the guy that was boasting of having over $5k per name..i later realised he was looking for a $30 per premium name.. Lol

 

[NameOmnia]

Re-seller pricing to me means, any reasonable profit that can be made after the purchase of a name

I fully agree.

IMO both sellers and buyers make a great deal when for both there is a nice profit in the domain.

I always sell leaving margin profit to the person who buys but do not except me to undersell or diminish my names just because you want to make 1.000.000 roi.

That is not going to happen.

 

[NameOmnia]

WTB PEARL OF THE DAY

"I'm looking for a 3 characters domain .com .
Any combinaison :
I can be a LNL.com, NNL.com, NLN.com, NNN.com or LLL.com.

I'm willing to pay 300 usd, by paypal only.

PM me anytime."​

 

[DomainVP]

lol

i see those kinds of examples on daily basis

member @johnn created a thread other day, seeking LLL net/org/ and .us

and one member couldn't wait to post if he wanted .biz too

imo....

https://www.namepros.com/posts/6407755/

 

[ivey]

I'm not sure if i'm in the right place.
But I'm looking for a one-word .com
my budget is $50 and up to $100 if the name is really good.
Please don't send me junk names.

 

[NameOmnia]

but you cant expect there to be honor among sharks.

Call me a dreamer but I expect it and I don't see why we should refer to our industry as a world of sharks and contribute to make it such place. I follow my moral and try to treat others the way I would like to be treated...is it so hard to apply? I don't think so.

Once, someone much more famous than me said something like " Be the change you want to see in the world " ; can't we simply work to make this industry a better, safer, more honourable and more enjoyable place?

 

[NameOmnia]

When it comes to business and money, it's either me or you.

We just disagree on this one. Not a problem

 

[iowadawg]

Yes, a WTS for all the people who jump in the threads with crap domains at high prices.

 

[DomainVP]

@equity78 I agree.

I personally don't post in WTB, mainly because I stick to looking at the For Sale threads and the listings on the aftermarkets.

Using the term want / need is a rough way to start a negotiation, IMO.

But if you ever do come across someone who is selling a LL.com for xx, make sure you send me a message .

 

[biggie]

let's say budget is $1k > $5K

then you state, only paying reseller prices.

is that an intended loophole or what?

and exactly what is the reseller/wholesale price, for a premium, a random LLLL.com or any of the many desired categories of domain groups?


maybe the likely-hood of the criteria being met from submissions, at stated budget, should be graded on a percentage probability, that, that specific wanted ad will result in a sale/purchase.


perhaps you gotta raise it ( the mentality, the budgets, the quality, the expectations, etc) to a level, for buyers and sellers alike, where the probability that a deal will be reached, for a greater percentage of the threads created.

imo....

 

[jamesosix]

What I think a lot of people tend to forget is offers are just that and 99% of domain sales have some form of negotiation involved.

The amount of times I have seen people on both sides cancel a potential sale without going back with another offer/price (again, both ways). You get lowball offer? Dont cancel, but go back to the buyer (or seller) and make a new offer...

Just my own observations over time.

 

[Domainzy]

Not true: XEQE.COM sold(along with 2 other LLLL.com's) for $222 last month

Shane Warne bought an LLL.com on Sedo for $3,000 last year

Dont let people tell you things are impossible.
Although these type of sales are not common "seek and you shall find"

XEQE.com(& 2 others)....The seller refused to honor this listing when the price only went to $222. Negative feedback was given to the seller...

 

[equity78]

If the budgets/expectations are wildly unrealistic, then just ignore them. It's not worth getting bent out of shape over.

The talk about "enforcement" or "penalties" for such behavior, however, is just ridiculous.

You are right you cannot enforce it, things are too subjective and there is no way of knowing, what is true

a) The person really does have $10,000 ready to spend but only for an incredible name they value higher

or

b) Person has no real budget but if they say $100 they know they will get little to no submissions so they make up a bigger budget than they really have.

The other point about negotiating is true as well, Usually it is either the price ignored or a lowball back and no negotiation. If you really like the name you may get a successful transaction with some back and forth on pricing.

 

[Icenevermelts]

Here is my story.I replied to one thread in the wanted section about a domain that fited that member's criteria. Domain was 18 years old, taken in all extension, huge amount of end users (existing websites with similar keywords) I bought it at auction for high $xxx. This is what I got from the member. He replied like he was least interested in the domain, he told me that domain age doesnt mean nothing and that having all extensions taken also means nothing. Also he told me that it might take years for you until you sell it or maybe no buyer ever will come along so please sell it to me for cheap. I might be the last buyer ever. The member was registered in 2005 or 2006 here on namepros. So shame on all those domain investor pros that try to rip off anybody by lying and using any method possible to provide false information and make seller believe that their domain is worthless.

 

[gdndd]

We are sometime having weird situations...

I had this guy who contacted me via my parking page... with an offer of 500$ for one of my domain ...

I played the game, said that I was expecting a little more, with a lot of diplomacy ... The guy was ok for 600$ ... then he asked me if I had other domains with the same specific keyword (as the one he asked for)... Said Yes, four others... He asked for a price... Said, same price for each, then a total of 3K for these 5 domains (so 600$ for each).

Then, from nowhere, the guy said that I was a silly capitalist, making money with domains, blablabla... and said he won't buy them ... WTF ?? This guy is from France... It's the third time that i'm having this kind of situation, exclusively and only with french.

I told the guy (as a joke): "Why ? I don't really care if you're a communist, socialist or else (it's your life)... anyway, it's just business... You need this domain and i'm providing you with a good price ... What is the problem ?"

He said: " Communism is as present in France as ignorance in the states. The fact that it has a name does not mean that it’s a good thing. You already know that your job is not something that you can be proud of.
I have a problem with parasitism of the people that really work and produce something."

OMG !!!! I replied: "WOW, Keep calm buddy... Remember that YOU asked for these domains and I don't even know you ..."

Then, nothing...

 

[biggie]

what is the real value of a name, more than half the sellers do not know - because it does not exist - it is all comparisons, and more so buyers do not know.

i think you raise a very valid point that applies to budgets and the expectations, of what can be purchased within those amounts.

as it's evident within the many threads, when sellers pose the question, "how much should i ask" for a particular name, if/when they receive an inquiry or response to a solicitation.

and there are similar questions raised from potential buyers as well, when they have interest in purchasing a domain.

so perhaps that inability to gauge value, also has effect on budgets in the domains wanted threads.

imo...

 

[NameFit]

I have not seen many 'students with a project' here. They need to come here. I am sure they will offer better prices than some buyers do.