discuss First $XX,XXX domain negotiation, advice needed!

[roy7777]

Hello everyone,

I purchased a domain name in October for around $2,300, a week ago I received an email from a GoDaddy Domain Broker with an offer for $5,000, I've rejected this and asked for $13,000, the agent has come back with an offer today for $7,500 and says that this is the buyer's budget limit.

Do you guys recommend another counter offer in this case or can that scare the buyer away? Do brokers give up after 2 bids? Any input will be appreciated as this is my first large domain negotiation, thanks!

 

[jamesau]

Hi guys, I didn't hear back since I countered with 13k over a month ago, but the broker emailed me today with a final offer of $10k(net, all fees on the buyer), I think I am going to take it as it will be my first big sale, if any experienced members want to give me their insight I will be happy to share the domain name via DM, thanks!

Nice work. Without knowing the name it sounds like a good negotiation. A well picked $2.3k drop could be worth even more, but $10k is a good return.

 

[DNPanther]

Hi guys, I didn't hear back since I countered with 13k over a month ago, but the broker emailed me today with a final offer of $10k(net, all fees on the buyer), I think I am going to take it as it will be my first big sale, if any experienced members want to give me their insight I will be happy to share the domain name via DM, thanks!

Thanks for letting us know and congrats on your 1st big sale!