I'm such a push-over

[Jingles]

Out of the blue I just received a call from a gentleman from France wanting to buy my speed-dating dot net. Totally caught off guard by this call I ended quoting a price off the top of my head for $500..I was then told in a very direct way that this name was NOT worth $500 and that he would pay $100. Immediately feeling knocked down a few notches I caved and agreed to the $100.

On one hand it's a nice surprise, an extra $100 I wasn't expecting today, but on the other hand I feel like such a wimp How does everyone else deal with these "out of the blue" calls?

 

[Terrains]

Influence: Science and Practice - by Robert B Cialdini.

Most widely cited social psychologist alive, best selling book. Read it twice.

 

[ripley]

Honestly, if I see someone calling me on my caller ID and don't recognize the number, I usually let them leave a message -- for just this reason. If they leave a message then I know what they're calling about and have more of a chance to formulate my thoughts when I call them back -- and also to be armed with reasons to back up my asking price.

ripley.

 

[Jingles]

Thanks spoofies, I'm definitely going to track that book down. And take your advice as well, Ripley.

What I ALSO think I'm going to do is go through each and every one of my names and decide on a price and make a list of reasons WHY I chose that price. That way if I ever receive such a call again I will be well prepared (probably something I should of thought about before, huh?)

 

[Makis.TV]

Yesterday i received a call for one of my domains, i let him do his speech and replied that just to be sure i want to have everything his said over my email inbox and when he does that i ll reply him or even call back if neccessery.
I never do business over a 5 minutes call, NEVER!

 

[hugegrowth]

I think you let it go too easy, next time ask them to call back the next day or something to give you time to think about it. Don't let them tell you what your domain is worth.

 

[bmugford]

I agree. I generally use Skype and will let the voicemail pickup if I don't recognize the number.

If it is something important the caller will leave a message.

Honestly, if I see someone calling me on my caller ID and don't recognize the number, I usually let them leave a message -- for just this reason. If they leave a message then I know what they're calling about and have more of a chance to formulate my thoughts when I call them back -- and also to be armed with reasons to back up my asking price.

ripley.

Don't get strong armed into a sale. It takes me time to even research a price I would sell a domain for. One phone call is not going to get it done unless the offer blows me away.

Out of the blue I just received a call from a gentleman from France wanting to buy my speed-dating dot net. Totally caught off guard by this call I ended quoting a price off the top of my head for $500..I was then told in a very direct way that this name was NOT worth $500 and that he would pay $100. Immediately feeling knocked down a few notches I caved and agreed to the $100.

On one hand it's a nice surprise, an extra $100 I wasn't expecting today, but on the other hand I feel like such a wimp How does everyone else deal with these "out of the blue" calls?

 

[Compassion]

Thanks spoofies, I'm definitely going to track that book down. And take your advice as well, Ripley.

What I ALSO think I'm going to do is go through each and every one of my names and decide on a price and make a list of reasons WHY I chose that price. That way if I ever receive such a call again I will be well prepared (probably something I should of thought about before, huh?)

I'm in the process of making such a list too...


It is always good to have a price in mind for all your names.

The price wasn't that bad for that speed-dating.net name if you registered it - decent ROI

 

[Jingles]

Thanks everyone for your words of advice, they are all be taken in to consideration. I just received an email from the gentleman, it turns out he works for an affiliate/marketing/seo/advertisement type company.

The more I think about this, the more mad I'm getting at myself for giving in so easily. I'm going to get started on that list tonight and the next time someone tries to tell me what one of MY names is worth, I'm going to be prepared and if I have to, graciously end the call right there (which is actually what my "inner voice" literally was telling me during the call). Ughh..I should listen to that voice more often!

It is one of my hand reg'd names, and I do agree that it is a nice ROI, but I also know if I ever want to make decent, top $ sales I'm going to have to start getting more firm, even with my hand reg'd names.

 

[footodors]

Until it changes hands, the domain is still yours.
If you don't want to sell it for $100, then don't.

 

[tetrapak]

Next time tell him that you need to think about his offer. He would have called you back with a higher offer, I'm quite sure.

 

[diddie]

Until it changes hands, the domain is still yours.
If you don't want to sell it for $100, then don't.

exactly ... he got you by pressing you, you can rethink your position, same as he could tell you he offered you too much (which obviously isn't the case)

 

[-Adam-]

I have a spread sheet that lists all my info such as where it's at, what I am currently doing with it, future plans for the name or if it's just for strict resale. If it's for resale I have a "fluid price" in my mind or a fixed price so all i have to do is open the spreadsheet and look at the name and all my info is right in front of me. Quite honestly to it sounds like the person was very rude and if that's the case I would of told him calmly he can come back with another figure in a more polite tone and thank him for his time and hang up.

 

[shinysign]

I agree, you may want to reframe you thinking there, perhaps he is just a good bargainer, and is used to quickly whittling down the price.

It seems to me that you are more bothered by the psychology of it more than the money, if I were you here is what I would do:

I would call him and tell him you have decided not to sell the domain name and I would never do business with him again (I wouldn't tell him the second part though).

A verbal agreement is not enough, if you are upset by the sale then you can still take it back.

But whatever you choose to do, keep moving and keep your spirits up.

 

[weblord]

first of all congrats you're U.S.$100 richer.
i usually respond to anyone, "i will think about it" it always works even in email and/or phone calls.

 

[johntv]

Influence: Science and Practice - by Robert B Cialdini.

Most widely cited social psychologist alive, best selling book. Read it twice.

Great advice Spoofies!!

I actually just read this book two weeks ago and it opened my eyes in selling and buying practices.

 

[Compassion]

first of all congrats you're U.S.$100 richer.
i usually respond to anyone, "i will think about it" it always works even in email and/or phone calls.

"I will think about it"


I like this one as a buyer and a seller. :tu:

 

[GF]

Influence: Science and Practice - by Robert B Cialdini.

Most widely cited social psychologist alive, best selling book. Read it twice.

I've known Dr. Cialdini personally for the last couple of years - he's a fantastic guy, and a great teacher. If you all haven't read this book, do it!

- GF

 

[Compassion]

I've known Dr. Cialdini personally for the last couple of years - he's a fantastic guy, and a great teacher. If you all haven't read this book, do it!

- GF

On the list to get...This must be some book

 

[wot]

"I will think about it"

40+ plus years in sales and my response is:

"I am encouraged to know you are interested - what is it you want to think about :? " :gl: