NameSilo

I beat the system

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Have you ever wanted some low-value domain, but it was in the hands of BuyDomains.com, and they wanted a ridiculous price for it? Well, I just recently bought a domain from them for half their asking price.

The domain in mind was a unique 5-letter .com, which I liked but had no meaning and no real value. BuyDomains had this domain listed on Sedo.

My initial offer was $100, they countered with $2,260. So I countered with $250, they countered with $2,240. I noticed this really wasn't going anywhere for the price I wanted. I countered again with $500, this time I put the "final offer" comment. They countered once again with $2,220. I waited 4 days. I said to myself, okay, last offer: $750 "FINAL OFFER" comment. Once again, they counter with $2,200.

I say FUHGE ABOU IT (in a Brooklyn accent). I let the bid thread hang there for 3 weeks without deleting it.

I come back after 3 weeks. I notice that their minimum price is now $1000. Now I think to myself that they'll probably want more than 2.2k this time around. I go in there, pissed off, I put a bid of $1,100 FINAL OFFER. The timing was perfect, they knew if they'd counter with something like 2.2k this time around, it was all over for them.

They accepted it. ;)


There's a lesson for everyone that wants some ordinary domain that is in BuyDomains ownership. Make a few $xxx bids. Let it hang for 3 weeks, come back and bid your max with the final offer comment. They'll most likely accept it. :)
 
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Well you are not alone reporting such a horrible experience with BD.
I bought domains from them for $1000/1200 when the asking price was $2288/3288. My experience has been good so far and they were pretty reasonable IMO. Maybe because it was end of the month (targets to meet) and the right rep ? :)
 
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Congrats, Matt on the buy. Do you care to share the domain;)
 
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I will share the domain...

As soon as the website is up in January/February. ;)
 
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