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analysis GoDaddy inbound offer

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Want2learn

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I was offered $500 for a name on GD. I countered at $2500. He, presumably, countered back at $750. I was considering the send it to auction option. I considered the counter back option. I did have it listed on my @toughdomains account for $1975 BIN, which I did edit prior to my counter. I decided that although I like the name a lot, I could use the money more today than waiting it out. It was a name I liked enough for the longhaul to keep for years to come. However, I decided to accept the offer and move on to another name. I did think their initial offer of $500 suggested they were interested a bit more than kicking tires. However, I think it could have been another domain investor that may have it ready to go for an end user.
One bird in hand is better than two in the bush! I can use the money for other projects. And ultimately in life I could use the money today. I do think left money on the table, but I thought the risk of no deal was far scarier than leaving money on the table. I accepted the $750, and the extra $250 covered my GD fees and a little something extra:) Once the deal is final and I have the money Ill share the domain name!
 
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I had a Godaddy inquiry for a domain name I own for $150. I countered with $1000. And didnt here from Godaddy again. Since over 4months.

Would be nice, for the sake of good communication, that people respond with a yes or no. Even a no thank you reply is better than nothing. Ugh.
 
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Once deal is done, there is another challange: Will the buyer pay? There is a 50 percent chance. Not sure about others, but at Sedo, recently this is the trend.

I hear ya.... Sedo was bad for me over the years. Probably closer to 1 out of 3 would not pay. In 2019 at Godaddy I have had two inbound offers in 2019 and negotiated deals on both - and both paid.
 
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I had a Godaddy inquiry for a domain name I own for $150. I countered with $1000. And didnt here from Godaddy again. Since over 4months.
''Godaddy inquiry''
Make sure that the email stated ''Domain Buy Service''
Maybe someone searched for your name and made an offer through auctions.
Or something else.
Or maybe the client used Buy Service then backed out.
I don't know.

What is Domain Broker Service?
If the domain name you want is already registered by someone else, you can use our professional Domain Broker Service with your personal Domain Buy Agent to attempt to acquire it for you. Domain Buy Agents make every reasonable attempt to contact the current domain name registrant to try to negotiate its purchase.

In addition to the Domain Broker Service fee, there is a 20% Buyer Broker fee ($15 minimum fee).

The Domain Broker Service purchase gives our agents a maximum of 30 days to negotiate a deal for you. Your purchase is non-refundable and non-transferable. If you want to pursue a different domain name instead of the one you originally purchased, you must purchase a separate request to acquire the new domain name through Domain Broker Service.

If we cannot contact the registrant or the registrant refuses to sell, there is nothing more we can do to help you acquire the domain name. When your Domain Broker Service expires, we make no further attempt to acquire the domain name for you.

We consider the services complete when:

  • The Domain Buy Agent made a reasonable, best-effort attempt to contact the current domain name registrant, without response, within the appointed period of time.
  • You no longer want to pursue the domain name.
  • The current domain name registrant refuses your highest offer.
 
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''Godaddy inquiry''
Make sure that the email stated ''Domain Buy Service''
Maybe someone searched for your name and made an offer through auctions.
Or something else.
Or maybe the client used Buy Service then backed out.
I don't know.

What is Domain Broker Service?
If the domain name you want is already registered by someone else, you can use our professional Domain Broker Service with your personal Domain Buy Agent to attempt to acquire it for you. Domain Buy Agents make every reasonable attempt to contact the current domain name registrant to try to negotiate its purchase.

In addition to the Domain Broker Service fee, there is a 20% Buyer Broker fee ($15 minimum fee).

The Domain Broker Service purchase gives our agents a maximum of 30 days to negotiate a deal for you. Your purchase is non-refundable and non-transferable. If you want to pursue a different domain name instead of the one you originally purchased, you must purchase a separate request to acquire the new domain name through Domain Broker Service.

If we cannot contact the registrant or the registrant refuses to sell, there is nothing more we can do to help you acquire the domain name. When your Domain Broker Service expires, we make no further attempt to acquire the domain name for you.

We consider the services complete when:

  • The Domain Buy Agent made a reasonable, best-effort attempt to contact the current domain name registrant, without response, within the appointed period of time.
  • You no longer want to pursue the domain name.
  • The current domain name registrant refuses your highest offer.


The message read a bid has been placed for your domain
 
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I was offered $500 for a name on GD. I countered at $2500. He, presumably, countered back at $750. I was considering the send it to auction option. I considered the counter back option. I did have it listed on my @toughdomains account for $1975 BIN, which I did edit prior to my counter. I decided that although I like the name a lot, I could use the money more today than waiting it out. It was a name I liked enough for the longhaul to keep for years to come. However, I decided to accept the offer and move on to another name. I did think their initial offer of $500 suggested they were interested a bit more than kicking tires. However, I think it could have been another domain investor that may have it ready to go for an end user.
One bird in hand is better than two in the bush! I can use the money for other projects. And ultimately in life I could use the money today. I do think left money on the table, but I thought the risk of no deal was far scarier than leaving money on the table. I accepted the $750, and the extra $250 covered my GD fees and a little something extra:) Once the deal is final and I have the money Ill share the domain name!
Now that you’ve seen the site, how much do you think you could have gotten?
 
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