How to get a domainer to "Make an Offer"!

[DotWeekly]

Do not list anything for sale on a domain forum!



:hehe:


Ok, I guess since I started this, let's try to figure out this problem! We always see the Make Offer section loaded with domains. When we see domains for sale, 8 times out of 10, it says Make Offer.

If you are offering a domain for sale, you should have a good idea what you "would" sell it for. Let's face it, it's about 1 in a million shot to get an offer that will knock you off your feet, so your "hope" is not always going to pay off, but why walk away from a profit?

SELLERS:

If a buyer makes an offer, may times, a domainer just simply does not reply at all? Why do this? I have done this as a buyer on purpose, to see what the domainer would do. Made an offer, and the seller never replied. I was willing to go Way Higher, but since they didn't reply, I moved on and they lost a sale, due to their hard nose approach.

If you get an offer, and it's not to your liking, you should For Sure reply with your price. What's holding you back from offering "Your Number"? Is it because you think you are going to undercut what you "could" get? I think 90% of the time, this is the case. The fear of selling to low!

I think the reason a domainer does not post a price, is because they simply do not know what to ask for it. Pick a price and offer it!

BUYERS:

You see a domain for sale. You know it's a domainer selling it (if the domain is on a domain forum, 99% of the time, it's a domainer) and there is a post with a domain and it says Make an Offer, don't PM them and ask them a Range or what's your "range". Simply make an offer! If the seller thinks it's a low ball, then tell them they asked for an offer. If you are reasonable, and not offering $1000 for an LLL.com, you might find yourself getting some deals. You might also find yourself working into deals the seller might not of sold at before.

Everything has it's price. If your a seller, set a price! There is nothing holding you back from going higher or lower! If your a buyer, and a price is not listed, do as it says and make an offer!

* A quick little story. I posted a domain today on another forum. I told myself, I am going to sell to the first person who made me an offer, no matter what the price is. This was a 14 year old domain, worth in the $x,xxx range and I would of sold it, nearly Giving It Away!...... I got 7 PM's asking "price range" or "what you thinking for a price" not a single $1 offer!*

 

[TheBulldog]

$1 offer for it.

 

[Spade]

* A quick little story. I posted a domain today on another forum. I told myself, I am going to sell to the first person who made me an offer, no matter what the price is. This was a 14 year old domain, worth in the $x,xxx range and I would of sold it, nearly Giving It Away!...... I got 7 PM's asking "price range" or "what you thinking for a price" not a single $1 offer!*

Lets put that theory to the test...

$5 offer PMed on "that" forum... for "that" domain.. :hi:

 

[yandig]

Yofie ---
Your post is an excellent conversation starter. My personal opinion is that if you make offers that the other party thinks are out of line, you run the risk of damaging your reputation, and/or your chance of completing the transaction. I'm not saying that I don't make low offers occasionally, but if I really like a domain, I'm going to offer up pretty close to what I would pay for it.
But, that's just me...and everybody's got their own methods for success.

 

[Len]

BUYERS:

Make an Offer, don't PM them and ask them a Range or what's your "range". Simply make an offer! If the seller thinks it's a low ball, then tell them they asked for an offer. If you are reasonable, and not offering $1000 for an LLL.com, you might find yourself getting some deals. You might also find yourself working into deals the seller might not of sold at before.

You are so right about this! 99% of the time I get asked "What price are you looking for?"..........I simply reply "As my post states I am taking offer's".
I usually don't hear from them again! Imo If you are seriously thinking of buying the domain you should have a price in mind that you are willing to pay.

 

[Sameh]

True post!

 

[Diabro]

You are so right about this! 99% of the time I get asked "What price are you looking for?"..........I simply reply "As my post states I am taking offer's".
I usually don't hear from them again! Imo If you are seriously thinking of buying the domain you should have a price in mind that you are willing to pay.

Actually I think the person that offers it should have a price. Like if you sell a car you put $4,000 OBO.

 

[DotWeekly]

Lets put that theory to the test...

$5 offer PMed on "that" forum... for "that" domain.. :hi:

You missed the Keywords Justin/Bulldog... Would of.

But you both pointed out, that if I would of posted $1 or $5, that you would of purchased, but because it said Make an offer, you would of passed along. Now again, I don't think it's right to offer $1 or $5 on a 14 year old .com, but you could at least figure out reg fee's and add a little extra etc to get the ball rolling.

If you are really thinking of purchasing a domain, make a fair offer and take it from there. I really think, if you are making what you feel is a fair offer, and the seller thinks you low ball them, they need to reconsider. Justin and I are selling Dad.net . Our BIN is set at $35K and it doesn't break my heart to get $2K or $5K or $20K offers. I simply reply with any added info that I can and our purchase price. It's not that hard.

 

[TheBulldog]

Diabro, I agree with you, but for not top notch high end names, it is sometimes hard to put one.

I have put up names for sale that I simply don't know what I want for it. I know I don't wan't $5, but not sure if I would settle for $100 or $1000. Asking for offers sometimes makes it easier to get an idea of what people would be willing to pay.

I myself, if I like a name, will toss in a bid in a make offer thread. Even a lowball.

Why? Because the the ABSOLUTE worst thing that happens is that they say no. It's not like their going to slap you through the screen for it.


And Spade? I was here first, so dibs.

 

[Spade]

You missed the Keywords Justin/Bulldog... Would of.

LoL... the Domain is still there... =)

 

[DotWeekly]

LoL... the Domain is still there... =)

Yes, it is still posted, but the first offer deal is off the table now. lol That is what prompted me to post my thoughts on the problems with "The Make Offer" and the choices people make when there is this option.

 

[randomo]

While I don't intentionally send lowball offers, I will sometimes make an offer and add something like "I'm not an expert on this type of domain, so please forgive me if my offer is far too low; I mean no disrespect."

More often than not, the sellers inform me that those offers are far too low; but once in a while, either the offer is accepted or the seller makes a reasonable counteroffer, leading to a successful deal.

My lesson: don't be afraid to make an offer!

(The flip side of this - when someone makes a very low offer on one of my domains, I reply as politely as I can, rather than belittling their offer. Either I give a bottom range for offers, or [once in a while] I reveal an approximate BIN price. This sometimes leads to a sale. You catch more flies with honey, and all that.)

 

[DotWeekly]

Actually I think the person that offers it should have a price. Like if you sell a car you put $4,000 OBO.

This is a strong point! Nice for the buyer as well, because it's pretty clear you would take Less then $4K as well.

What if the seller posted $4,000 WGH. I think this is just as fair being the seller. wgh = Will Go Higher, meaning today it's for sale at $4K, but will go higher tomorrow, or tonight or when ever... It's a two-way street no matter how you look at it.

 

[sOliver]

I want to share my experiences from today, because it might fit in here.

Yesterday/Today I've posted a list of domains,
a few quality names (imo) and a premium LLLL.com
at DP, namepros, DNF .. all for sale but without a price.
It was more like a test to see what will sell quickly.

Shortly after I posted the domains at DP I received a couple of offers via PM and and yes at namepros too. At DNF I haven't received a single PM because I didn't mention the name of my premium domain in the topic title.

Of course I did some research, I know my domain had only premium letters but I saw CCCC's go for 100-200$ .. so I said to myself 100$ would be great for that domain.
I quickly received offers up to 120$; not bad I thought.
Then I received a PM telling me that my domain is probably worth up to 300$ and he said I should think about keeping it for a while (just like stocks!) because it might be worth a lot more next year.

Now imagine a newbie like me would have set a BIN price of 150$.
That's why a lot of people don't post a BIN price they want to get offers and hear opinions.

And here is the problem I see:
Domainers are mainly interested in LLLL and LLLLL's (let's not talk about LLL here) if they are looking for domains on a forum. I haven't received a single offer for a two or three word domain yet, just for LLLL and LLLLL's
Another problem is that some new people here do not realize that we are mainly talking about reseller prices and not enduser prices.

Lesson learnt: If you really want to sell your domains you need to contact people/enduser, have patience (until you get offers at sedo/afternic) and check the "domains wanted" forums. If you want a quick profit sell at domainer forums.


..I'm only worried about renewals, but luckily I have some revenue generating domains :D

 

[randomo]

If you want a quick profit sell at domainer forums.

Sounds good, I think I'll give it a try!

 

[Diabro]

Diabro, I agree with you, but for not top notch high end names, it is sometimes hard to put one.

I have put up names for sale that I simply don't know what I want for it. I know I don't wan't $5, but not sure if I would settle for $100 or $1000. Asking for offers sometimes makes it easier to get an idea of what people would be willing to pay.

I myself, if I like a name, will toss in a bid in a make offer thread. Even a lowball.

Why? Because the the ABSOLUTE worst thing that happens is that they say no. It's not like their going to slap you through the screen for it.


And Spade? I was here first, so dibs.

To get the best offer never say it is for sale. If you say it is for sale they will try to lowball you. Also I think if you try to sell it and it is TM'd it may make it easier to lose the domain. My 2 cents.

 

[sOliver]

Sounds good, I think I'll give it a try!

Sell me JLQ.net .. mkay ? :P

Instead let us know how many domains you sold to end-users in comparison to resellers?

 

[Spade]

And Spade? I was here first, so dibs.

But you dont even know what the domain is! LoL.

 

[Kate]

The dynamics in the domaining forums are different.
People are looking for flip deals and have little motivation for negotiation while an interested end user will take the time for back and forth negotiation etc

 

[TheBulldog]

But you dont even know what the domain is! LoL.

Nope, not a clue. But he put 4 dollar signs, so I was going to flip it. I learned about doing flipping in this thread. I thought I was supposed to dev everything.