Unstoppable Domains

Is this enduser fooling me?

Located in General Domain Discussion, started by NetworkPearl, Jul 25, 2016

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  1. NetworkPearl

    NetworkPearl Top Contributor VIP

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    Hi,

    I have an enduser interested in one of my domains , it's "big us city+autorepair.com" , I contacted him quoting a price of $600 and saying that i'm also contacting other parties.He replied counter offering $450 but mentioned , "know that I have the trademark so good luck selling it to someone else."

    I searched up the trademark data base and couldn't find any trademark. Is he just joking around so that I may just sell to him?
     
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  2. Wannabean

    Wannabean Top Contributor VIP

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    Don't think it would be possible to get a trademark on something so generic. Just trying to get the price down is my guess. Whilst it's tempting to call him out on this lie, it might make him prickly and hard to deal with thereafter.

    Come down in price slightly but mention you searched for and couldn't find the trademark filing he's referring to.

    That would be my advice anyway.
     
  3. doubleU

    doubleU Top Contributor VIP ★★★★★★★★★★

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    $450 is 75% of your asking price, which is a pretty good counter-offer.

    You could try to squeeze for more but that might upset this person who clearly wants your domain.
     
  4. alcy

    alcy Top Contributor VIP

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    people can try different things once they feel you may try to fool them. and he may feel that way when you say you are also contacting other buyers.

    ie: he may have never mentioned trademarks, if you never mentioned other buyers.

    I'd just take the sale, if he's serious about his offer at all. and in non auction environment that's always a mega huge if.
     
  5. bashariqbal

    bashariqbal Established Member

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    It would be too generic to have TM on this term. You are right with your pricing. See if anyone else can give you more.
     
  6. johname

    johname Planet Futbol VIP ★★★★★★★★★★

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    Your real problem is deciding if you will take the offer. There no reason to get into a TM discussion.. It will just get the currently willing to do a deal, enduser mad.

    Sounds very much like you were the first to contact. And giving this, you would have to expect a lower counter. This buffer needs to be built into your asking price, so you can say yes to a close $450. Good Luck
     
  7. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    People like this generally have no idea what they are talking about. They have no idea how TM law works.
    I got a similar email the other day via an inbound offer on a generic real estate term.

    City+AutoRepair.com is a popular format. It is not something you could have an enforceable TM on when it comes to the generic use.

    With that said, $450 on a domain you were asking $600 for is not a bad sale.

    Brad
     
  8. NetworkPearl

    NetworkPearl Top Contributor VIP

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    Yes I mentioned regarding the trade mark , also asked if he can attach any document which proves the trade mark.
     
  9. NetworkPearl

    NetworkPearl Top Contributor VIP

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    I'm going to decrease the price.Namebio shows 2 similar geo+auto repair sales , 1 at $3000 while other at around $1,300
     
  10. johname

    johname Planet Futbol VIP ★★★★★★★★★★

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    Now you are arguing (even if it doesnt seem like it) with someone willing to send you cash.

    Lesson for future:

    a) Have your asking and lowest acceptable price determined before 'emailing' someone.

    b) Focus only on getting the sale.

    c) Dont compare your turn and burn sales to others that waited five or more years to sell theirs.

    Good Luck[​IMG]
     
  11. Domain Lead Finder

    Domain Lead Finder Established Member

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    This is a mistake. Never "argue" with a potential buyer. If he says he is Batman you should address him accordingly, even though you know 100% he is wrong. Of course he does not have a TM, but you put him in a defensive position by asking for paperwork.
     
  12. DomainVP

    DomainVP Domain Expert VIP

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    I don't think TM is an issue here.

    You asked $600 and got a $450 counter...

    Are you really going to not accept their offer based on a $150 difference?

    If you must counter to feel better, then suggest a $500 closing price - at your own risk.

    Good luck.
     
  13. NetworkPearl

    NetworkPearl Top Contributor VIP

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    I'll do it for $550 . His initial offer to my first email (no price mentioned) was $300 which I forgot to mention.I then emailed him the price with similar domain sales.

    He counter offered $450 and you know the rest story.

    Also I mentioned he may send me if he has any docs.
     
    Last edited: Jul 25, 2016
  14. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    its not a wise decision not to close the deal at 450
    IMHO
     
  15. jideofor

    jideofor Top Contributor VIP ★★★★★★★★★★

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    Until he lost that deal, he won't learn lol.
     
  16. Apprich

    Apprich Top Contributor VIP

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    I don't know your cost but if it's reg fee, just accept 450.. Because if you ask 500 that would change just 50, and 450 is already big ROI for you.
     
    Last edited: Jul 25, 2016
  17. wot

    wot Top Contributor VIP ★★★★★★★★★★

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    You approached the "buyer" at $600 and they actually responded with a generous counter offer and you are thinking about it!

    You should have the money in the bank or reinvested by now and moving on to the next deal thinking aren't I a lucky domainer.
     
  18. tvanrijt

    tvanrijt Top Contributor VIP

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    Totally agree. You can spend time on an extra $50, but you can also spend time in looking to find 2 good low $xxx names for the 450 and try and double those. Then you have a far bigger profit. If you come down only $50 and he went up $150, he would probably not like you counter offer and you would most likely land on $500 at most. It looks like a good sale for you at $450. If you ask $600 in your forst mentioned price, you could expect that you would end up lower.
     
  19. BrandChimp

    BrandChimp SAV.COM AVOID VIP

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    Watch the recent domain sherpa show, Andrew got a similar message and he tels us his reaction.

    I believe it's at 50min ish
     
  20. Abdullah Abdullah

    Abdullah Abdullah Top Contributor VIP

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    Even if you got the domain for $200, $450 is very very good. You should think this also a very long domain autorepair alone is 10 chars so with city added I say $450 is OK.

    No need to argue you can ask if that is his best offer or if you can meet at $500...then again extra $50 does not add a lot
     
  21. jideofor

    jideofor Top Contributor VIP ★★★★★★★★★★

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    I think the problem is based on what people discuss here about not leaving money on the table or how they cranked 4 figures but what they won't tell you is how many failed sales that they have had, how long it took to get such sale and so on.
     
    Last edited: Jul 25, 2016
  22. BrandChimp

    BrandChimp SAV.COM AVOID VIP

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  23. jideofor

    jideofor Top Contributor VIP ★★★★★★★★★★

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    So what's your point? He should counter and reject the offer?
     
  24. BrandChimp

    BrandChimp SAV.COM AVOID VIP

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    Well, if he wants to go in court he is going to pay more than $600. So Since he his the only buyer for the name the seller may stick to $600 or increase the price to win over the idiot buyer.

    However, if the seller needs money it is a good thing to sell it at $450 as it is really close to his asking price.

    BTW it's $1,500+ for a udrp and way more in lawyer fees.
     
  25. Abdullah Abdullah

    Abdullah Abdullah Top Contributor VIP

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    Not idiot at all. In fact very smart. There is danger here. If the seller accepts the offer than the buyer might ask himself where are the other buyers? why did they refuse to pay ? Maybe I offered more and then he might again offee $300 or $350 at best.

    So it could go either way.
     

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