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discuss Got 12 Inquiries in 4 days for one domain name

Dynadot

Memomax

Established Member
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Hello namePros members

I've some domain names parked at uniregistry using for sale landing page, and recently one of them Got 12 Inquiries in 4 days, from 3 Chines companies, I searched all of them and found that one of them is so big, I asked them to make an offer but they asked for the price I thought they might need to know the price range first so they don't make a higher offer, so I sent a price quote to all three companies and I didn't hear back from any of them for almost 12 days, I followed up asking if they're still interested in the domain name and still no response for 3 days now, so I need your advice guys,
should I use uniregitry brokers as they can speak chines??

Notes: - the domain got an inquiry on afternic also.
- My asking price is lower than other domain extension with the same keyword.

What should I do guys??
 

Memomax

Established Member
Impact
6
Without knowing the name or quoted price it’s impossible to know. Do not post it here. Do not act desperate. If it’s got that much interest hold, be patient and wait for legitimate offers. I would not chase anyone. If it’s a good name they will be back.

Yes, I didn't post the name to not look desperate :D I guess I've to wait.
Thanks Karmaco
 

alcy

Top Contributor
Impact
34,201
yeah... well... its always nice to get inquiries.. but many simply do not convert. happens to all of us.

the bottom line often is that if buyer really wants name.. he'll chase you.. not you chase him.. but... even this is not bulletproof and sometimes its nice or needed to chase buyer... maybe with weaker names etc..

call afternic broker.. especially since you got the inquiry there.. ask where it came from and for how much offer was... they tell u this.. then ask broker to check history if they dealt with buyer before.. they often tell u this too..

then build on that.. its very reachable and simple to contact afternic brokers. by fone.

gl
 
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MapleDots

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13,111
I had a similar case where I got 7 inquiries on one domain. I raised the price by $500 with each inquiry. I figured it was the same person. I finally got an email entitled WTF. I responded back and said I could say the same and the price has just increased by another $500.

I did end up selling it but I originally said 5k and ended up selling it for quite a bit more.

I am currently negotiating with a company from Switzerland as well and it their fourth inquiry, I just quoted 4k more. They will either walk or buy before it costs them more.
 
Impact
22,169
I had a similar case where I got 7 inquiries on one domain. I raised the price by $500 with each inquiry. I figured it was the same person. I finally got an email entitled WTF. I responded back and said I could say the same and the price has just increased by another $500.

I did end up selling it but I originally said 5k and ended up selling it for quite a bit more.

I am currently negotiating with a company from Switzerland as well and it their fourth inquiry, I just quoted 4k more. They will either walk or buy before it costs them more.

I like your style @MapleDots

Game players get played
 
Impact
22,169
It is big ego nonsense, will cost all a lot sales. You don’t jack up the price every time a customer walks in.

Serious buyers don't play these games, so players get played, I get BS inquires, instead of raising the price, I just tell them the name is not for sale, To Them

No Ego here
 
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johnnie018

Account Closed (Disallowed)
Impact
205
Serious buyers don't play these games, so players get played, I get BS inquires, instead of raising the price, I just tell them the name is not for sale, To Them

No Ego here

They do that all the time, they want to see if the quote varies. Putting it up or changing it all the time will cost sales because the seller looks flakey.
 

MapleDots

Account Closed (Requested)
Impact
13,111
They do that all the time, they want to see if the quote varies. Putting it up or changing it all the time will cost sales because the seller looks flakey.

You do what works for you and i will do what works for me. At this point in my career I am confident with my business style.
 
Impact
22,169
They do that all the time, they want to see if the quote varies. Putting it up or changing it all the time will cost sales because the seller looks flakey.

I don’t really care what they want, it is my name they are inquiring about buying, I don’t do any outbound , inbound only, a lot of names I own I am not especially looking to sell anyway, I have a lot of “make offer” in the market places for just that reason, if someone requests a price, I give them a straight up price, I will negotiate a “little” not much though. None of that back and forth negotiating several times. If we can’t get it done in a max of 3 communications, then I shut down communications.
 

Memomax

Established Member
Impact
6
yeah... well... its always nice to get inquiries.. but many simply do not convert. happens to all of us.

the bottom line often is that if buyer really wants name.. he'll chase you.. not you chase him.. but... even this is not bulletproof and sometimes its nice or needed to chase buyer... maybe with weaker names etc..

call afternic broker.. especially since you got the inquiry there.. ask where it came from and for how much offer was... they tell u this.. then ask broker to check history if they dealt with buyer before.. they often tell u this too..

then build on that.. its very reachable and simple to contact afternic brokers. by fone.

gl
Yes, that's true many inquiries don't convert, but isn't all the leads are important?
I guess I will send my last follow up Email and just leave there.
- I will try your advice and call afternic broker to ask for more info about the potential buyer.
Thanks for your help Alcy
 

Memomax

Established Member
Impact
6
Sounds like someone just messing around. Serious buyers dont do this.
I actually thought they didn't replay because of the chines new year holiday which was 2 weeks as I've been told, also the inquiry is from established website for mid/big companies, but I want to ask you if they didn't like the price wouldn't they negotiate instead of ignore??
 

Memomax

Established Member
Impact
6
I had a similar case where I got 7 inquiries on one domain. I raised the price by $500 with each inquiry. I figured it was the same person. I finally got an email entitled WTF. I responded back and said I could say the same and the price has just increased by another $500.

I did end up selling it but I originally said 5k and ended up selling it for quite a bit more.

I am currently negotiating with a company from Switzerland as well and it their fourth inquiry, I just quoted 4k more. They will either walk or buy before it costs them more.
Hahaha I like your style but franly speaking can't do it right now as I didn't sell any domain yet :D
and I have to pay for domains renewals :D
wish you more success
 
I actually thought they didn't replay because of the chines new year holiday which was 2 weeks as I've been told, also the inquiry is from established website for mid/big companies, but I want to ask you if they didn't like the price wouldn't they negotiate instead of ignore??

Yeah a serious buyer would negotiate or make an offer/counter offer. This is a someone playing silly games
 

Memomax

Established Member
Impact
6
I get a ton of Chinese inquiries but none have ever turned into sales. In fact, none have ever responded to my responses to them. I even assigned the leads to a Uni broker and they couldn't reach them. Curious...
the Inquiries came from mid/big Companies with phone numbers but I don't speak chines so I thought a broker would be a better choice, but also as they didn't replay or made any offer, they might do the same to the broker I guess, and also I'll not be able to contact any upcoming leads to the domain as it's handled by a broker.
the best thing to do for now I guess is waiting for a response.
 
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