Greed Kills Another Deal...

[RogueWriter]

Now that I had some bucks freed up, I sent a note offering $500 for a domain that i liked. It was a nice domain, and I'd recalled seeing that amount as it's listed price a couple months previous. Alas, the owner decided to up it a bit, and suggested $850, and I had to turn him down. Nice domain, but $850 is a touch steep.

Often, I think domainers just try to get that last drop of blood from a transaction, and sometimes it works - but sometimes it's a deal killer.

I picked up the .net for thirty bucks.

 

[ryan2829]

Nice one

 

[Gene]

I picked up the .net for thirty bucks.

Be sure to let the seller know that. He may rethink it and let you have the .com for the original price.

 

[RogueWriter]

I should have offered $100 to begin with, but I thought, hey, let's cut through the dickering, and make a fair offer.... fair is in the eye of the owner, though, unfortunately, hehehe.

 

[.X.]

Be sure to let the seller know that. He may rethink it and let you have the .com for the original price.

I agree,Let him know and if he is smart he will take your offer.Nice on getting the .net :tu:

 

[nRnF]

Here is the other side of the coin:

I once received a offer on a domain out of my "collection".
(I concider some of my domains like stamps, that I don't want to sell, just collect).

OK, so I decided to play the game your seller did, and I asked for a amount way, way, way unrealistic just to scare the buyer off.

Guess what happend ? --> the buyer accepted :lol:

As a asking price acceptance it is a binding contract I had to sell.
Still I don't know if I should be happy or not on that sale.
(My wife was, as she spend arround 50% of the deal in a 2 day shopping madness)

So bottom line:
1) Think twice before setting asking prices on your domains (goes both ways).
2) Never tell your wife about mayor deals.

PS: mid XXXXX was accepted.

 

[equity78]

a $50,000 sale NRNF will we see in DNJournal? congrats

 

[RogueWriter]

- - - - - -
2) Never tell your wife about mayor deals.
- - - - - -

I keep forgetting that! I gotta start talking to my dog more, or something. My wife used to bitch about the unending hours I spent in affiliate marketing, staying up until 2am every night then staggering into work, but then one day, she got the mail instead of me, and, you see, there was this commission check....... now I am here, chained to this chair, and she never lets me out.

nRnF: You must have all the good 'stamps', heh, I couldn't sell the whole lot for mid xx,xxx..............

 

[yandig]

(My wife was, as she spend arround 50% of the deal in a 2 day shopping madness...

50% of mid-xxxxx is alot of gucci bags :]

 

[Simsi]

As a asking price acceptance it is a binding contract I had to sell.

"Acceptance" being the key word i guess. I offerred the $500 "asking price" for a domain on Sedo 10 days ago and got no response. So i emailed Sedo to see what their take on it was and they basically backed the seller and told me to try a higher bid

 

[Greg Watson]

Now that I had some bucks freed up, I sent a note offering $500 for a domain that i liked. It was a nice domain, and I'd recalled seeing that amount as it's listed price a couple months previous. Alas, the owner decided to up it a bit, and suggested $850, and I had to turn him down. Nice domain, but $850 is a touch steep.

Often, I think domainers just try to get that last drop of blood from a transaction, and sometimes it works - but sometimes it's a deal killer.

It happens all the time ...

I can't tell you how many times that I have offered someone what they asked for a domain and walked away when they jack the price or "add a fee" ... like a recent "paypal fee" a jokester wanted to add ... It's a rare occasion that I have been willing to get suckered in <grin> ...

And a matter of principle, I often will walk away even when its only a few dollars ...

I buy to develop ... and a "specific" domain name is a relatively small part of the development value ... there is always another one available ...

Greg

 

[barefoottech]

I had same prob. with bareFootTech.com offered 50$ ,wanted 200$
then let it expire ,i go it for Regfee in end

 

[nRnF]

a $50,000 sale NRNF will we see in DNJournal? congrats

Thx for the congrats
Was years ago, so its history, additionally it was with NDA contract.
So it didn't show to public.

 

[leviathon]

I picked up the .net for thirty bucks.

Great job! Normally I sell my replica .net domains for about 70% of its original one (normally .com).

 

[nRnF]

"Acceptance" being the key word i guess. I offerred the $500 "asking price" for a domain on Sedo 10 days ago and got no response. So i emailed Sedo to see what their take on it was and they basically backed the seller and told me to try a higher bid

IMO,
Cancel negs. at Sedo w/o submitting a higher offer, wait some weeks, and then submit a offer to the WHOIS contact.

Be sure to let the seller know that. He may rethink it and let you have the .com for the original price.

Hmmmm.... I would exactly suggest the opposite.
Be shure that the seller can't connect the .net registry data to your submitted offer, or you may receive a eaven higher asking price.

But it depends really on the case and on the name itself.
Sometimes Sedo mail is also easy bait for your spam filter, or the user changed mailling address.
You knever know.

 

[mole]

Be prepared to walk away, always.

 

[Grrilla]

Haha. I received a high $XXX offer at Sedo a few days ago for a .info and haven't responded yet. Problem is, I have been "trimming down" the portfolio over the past couple of months and the offer came in on one of the names that didn't make the cut. The offer came in the day after it had dropped and someone else had already nabbed it. Second time this has happenned in past 2 months- an offer coming in 1 day after a drop! Have been feeling snakebit lately to say the least. Cutting down the portfolio is a painful enough process to begin with.

Received a good offer on another name about an hour ago, so am feeling much better ATM, thank you. Keeping the fingers x'd hoping that the domain gods have tired of using me as a yo-yo and are, once again, smiling on me. Ee-gads! Domain name marketing is fun, isn't it?

 

[Lyte]

I had a (somewhat) similar experience.

A seller and I arrived at a price (mid - high $xxx) for a domain (a .pro) and agreed on a two (maybe three) month payment plan. As we were midst of working out the down and balance he claimed to have another buyer offering $1000. So... he stated that unless I could come up with more than $1000, I was outta luck.

Had we not already agreed on price and payment process I would not be bothered by his change of heart. But since these key points had already been established when he switched... I won't buy from this person in the future.

Lyte

 

[primacomputer]

Greed has killed a lot of $500 deals for me as well. I guess it's a good thing though. If I had taken every $500 offer from a speculator instead of waiting for a high value end user sale I'd be at least $100k poorer.

 

[tolkein]

I don't think it's greed. Most of us started domaining because we read of high value sales, e.g. men.com for $1.3M. Naturally, we'd all expect to see big money - I know I do