discuss Ideas about "How much?" question

[kite26]

Being active in names for around ten years, only one question can make you super happy and skeptical at the same time: "How much"?

Out of the blue, you receive an email from an interested party asking you the price with only two words, with your domain in the subject. What you usually do in this case? Some options are:
1. Reply him with only writing a number, my honest number.
2. A complete reply, underlining the selling points of your name.
3. Send them its Dan or Afternic link with the BIN only in it.
4. How much you can afford/What's your budget?
5. Give a range eg. $xx,xxx
6. No reply at all. They know the way to send the offer. Let them make an official offer and accept it or reject it. Don't play the game of buyer to decrease the price.
7. This domain may be for sale only for a serious offer.
8. Give an over-price. They will counter, my name is too good to be worried.
9. Give an under-price. I want to sell fast in any case.
10. How much you think it's worth?

Obviously, it depends on the specific domain and every case is different. I want to know which is your most frequent answer.

 

[Daniel Owens]

Sometimes people will do whois lockup to contact or contact on a marketplace asking how much not because of interest but because they are curious on what you think the domain is worth (similar to an appraisal). I get that all the time on domains.

 

[biggie]

Hi

get quite a few "how much's"
mostly from forum members
then when i say, what's your offer?

some say shit like, "oh, uh...my offer is probably too low"
but a few have submitted decent offers, where deals were made

when i get a "how much" via email
i'll reply, what's your offer?

if they reply with offer that's too low to consider
then i'll say, "thanks, but it's too low to consider."

if they ask "what's the lowest you can sell for"?
i'll ask "what the most you can offer"

on marketplaces, majority submit an offer first, even on some that are BIN priced
so you either counter, accept, reject or ignore the bid.

imo...

 

[kite26]

Hi

get quite a few "how much's"
mostly from forum members
then when i say, what's your offer?

some say shit like, "oh, uh...my offer is probably too low"
but a few have submitted decent offers, where deals were made

when i get a "how much" via email
i'll reply, what's your offer?

if they reply with offer that's too low to consider
then i'll say, "thanks, but it's too low to consider."

if they ask "what's the lowest you can sell for"?
i'll ask "what the most you can offer"

on marketplaces, majority submit an offer first, even on some that are BIN priced
so you either counter, accept, reject or ignore the bid.

imo...

Great, what from a domain legend like you.

 

[william]

My answer...Im open for negotiation.I must feel satisfaction...Send offer please

"I must feel satisfaction" now that sounds incredibly creepy.

To answer the question of the thread, it's best to know the price of your product and to provide a price. There's a reason why BIN listings sell more than make an offer listings. People don't like guessing or feeling like they didn't get a deal. If they have to shoot in the dark, they'll always offer less. So a price, a link to a landing page, or a price and a hint that you'll consider offers, are all good ways to go.

 

[dnbrokership]

It's a little out of topic, but having all BINs on AN and make offer on Dan, do you think it's a good combo?

What is MO enabled?

 

[LoveCatchyDomains]

What is MO enabled?

Perhaps it would help if you clarify the question?

 

[AbdulBasit.com]

What is MO enabled?

MO - I believe is "Make Offer".

 

[kite26]

Giving a range for example low $xx,xxx, can achieve 2 things: It's not too scary for buyer and defines a ''red line'' for the seller. I haven't tried it enough though.

 

[Recons.Com]

All my names are with BINs. I also don't enable Make offer when possible. If someone contacts directly, I just give them the BIN price. If they counter with reasonable starting number, I negotiate. If not, I politely reject.

95%+ of my sales are straight BIN or installment plan. What I like most about such setup is the reduced admin work required. Most sales don't require any engagement.