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I got an offer of €100 at undeveloped for my domain paperbid. (king) what to do?

Labeled as offers in Domain Selling and Domain Sales started by amit chowdhury, Mar 9, 2018.

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  1. amit chowdhury

    amit chowdhury Established Member

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    Hello pros,

    At undeveloped, I got an offer (first offer) of €100 for paperbid in king.

    What to do? Please suggest next course of action
     
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  2. stub

    stub Top Member VIP ★★★★★★★★★★

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  3. Pierre Barnard

    Pierre Barnard Active Member VIP

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    What did you pay for it?
     
  4. amit chowdhury

    amit chowdhury Established Member

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    I am thinking of counter offer
     
  5. amit chowdhury

    amit chowdhury Established Member

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    100$
     
  6. tldboss

    tldboss Active Member VIP

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    counter

    100 euro today is approximately 125 usd depending on exchange rate applied.
     
  7. Pierre Barnard

    Pierre Barnard Active Member VIP

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  8. AIS01

    AIS01 namegolden.com VIP

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    counter and wait. if not accept then don't be sad, hold the domain wait for more offers.:xf.smile:
     
  9. gprod

    gprod Established Member

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    If you are OK with the price, sell it!
    If this will become your first sale, grab the money :)
    Or make counter, but not too high.
    This price for this domain is good, i think.
     
  10. amit chowdhury

    amit chowdhury Established Member

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    offer from someone named Peter Nderi (IP showing from Kenya). I searched & found one linkedin profile with same name who is an Retail Property Manager at Knight Frank Kenya.
    What do you think about counter offer value?
    Thank you. I will counter offer accordingly.
     
  11. gprod

    gprod Established Member

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  12. amit chowdhury

    amit chowdhury Established Member

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    ok I got it.
     
  13. Ollie3000

    Ollie3000 Upgraded Member Gold Account VIP

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    I think it's too low - I'd counter.
     
  14. amit chowdhury

    amit chowdhury Established Member

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    What do you think, how much?
     
  15. Ollie3000

    Ollie3000 Upgraded Member Gold Account VIP

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    First I should say, it depends very much on whether you need the money - If you need 100 and you can't afford to loose the deal then you should take it..... if not then i'd counter with $350/$400 and you'll probably settle somewhere in the middle.

    I looked at sales on NameBio before coming up with the counter value.
     
  16. amit chowdhury

    amit chowdhury Established Member

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    Thank you very much. I think I got my answer. By the way right now I have not that much urgency for money.
     
  17. gprod

    gprod Established Member

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    I think - the max price is $150-200, It's unbelievable to fly to $400.
     
  18. Ollie3000

    Ollie3000 Upgraded Member Gold Account VIP

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    As I said, If he needs the money then he should take it. But looking at the sales on NameBio, around $300/350 is realistic. He counters $350, they come back with say $200/250 then he gets a deal in the middle.

    Similar from 2017:

    paperwolf $303
    papertigersa $607
    paperforsale $325 (this one is very relevant)
    paperroad $360
     
  19. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Domaining is all about bids and counterbids

    An experienced domainer would respond saying thank you for the offer but we have higher bids than that at the moment.

    That is assuming that €100 is not a lot of money to you.

    With PaperWallet being out there, and PaperBid being an actual term in use in the financial industry, you should not be entertaining a sale anywhere near that amount.
     
  20. NoBS

    NoBS Established Member

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  21. usernamex

    usernamex Moderator, NamePros Moderator VIP

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    Agree that is too low, and not sure you should even counter. Check with Undeveloped and see if you reject the offer if you then have the capacity to make a comment to buyer instead of an actual amount. What you CAN do is counter and then post a comment after, so if you are going to counter, have your comment ready to paste. Personally like to add a snippet of something instead of just raw numbers.

    Good Luck!
     
  22. amit chowdhury

    amit chowdhury Established Member

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    Thanks a lot. I have very little experience in domaining.
     
  23. AGAME

    AGAME Active Member VIP

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    Keep is posted on what happens.. best of luck!
     
  24. amit chowdhury

    amit chowdhury Established Member

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    As @MapleDots said I swiftly declined his initial offer saying that I have higher offer.

    He countered with his offer of €214.18, I finally declined that offer too.
    Let's wait & see.

    Anyway thank you guys.
     
  25. amit chowdhury

    amit chowdhury Established Member

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    He offered me €8033. What to do? Before that I countered with €39k
     
    Last edited: Mar 10, 2018

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