Is this enduser fooling me?

[NetworkPearl]

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?

 

[johname]

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

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

 

[Domain Lead Finder]

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

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.

 

[doubleU]

$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.

 

[bmugford]

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?

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

 

[wot]

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.

 

[Wannabean]

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.

 

[jideofor]

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.

 

[NetworkPearl]

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.

I emailed counter offering 550 , I haven't received a response so far ...been 1 days.I'd wait for 2 more days and then call him.

This happened to me once , I offered a wedding related domain and got about 5 interested parties. 1 of them wanted to buy the domain at $800 ( my offer) and asked to wait for a few days. She also asked me the names of other interested parties and she knew a few and insisted they have more money than her.

Other parties were no longer interested. So I contacted her again asking for her max offer . She said $300 . I waited for a few days and contacted her saying she can have it. She replied saying that she's no longer interested since no one else bought from me . Lol

I did end up selling this domain to another party which I contacted later.

 

[DomainVP]

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

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.

 

[BrandZen]

He can't make a $450 purchase without consulting his business partner? How was he able to make the offer then?

He's either buying time and may be thinking about changing his mind, trying to negotiate a lower price, or might need to ask his wife for permission.

 

[alcy]

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.

 

[johname]

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

 

[jideofor]

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

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

 

[Apprich]

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.

 

[BrandChimp]

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

I believe it's at 50min ish

Its at 72:38

http://www.domainsherpa.com/review-20160725/

 

[BrandChimp]

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

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.

 

[BrandChimp]

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.

You are right. He may get a lower offer.

If the seller doesn't think the domain name worth more than $600. I suggest to sell it even at $300 cash out and reinvest.

 

[BrandChimp]

I emailed counter offering 550 , I haven't received a response so far ...been 1 days.I'd wait for 2 more days and then call him.

This happened to me once , I offered a wedding related domain and got about 5 interested parties. 1 of them wanted to buy the domain at $800 ( my offer) and asked to wait for a few days. She also asked me the names of other interested parties and she knew a few and insisted they have more money than her.

Other parties were no longer interested. So I contacted her again asking for her max offer . She said $300 . I waited for a few days and contacted her saying she can have it. She replied saying that she's no longer interested since no one else bought from me . Lol

I did end up selling this domain to another party which I contacted later.

It happened to me like 5 time this year.

Buyer said he wants it, we agree on a price. remain silent...

A non completed transaction is not a sale. Don't celebrate too soon! hehe

 

[biggie]

too bad you sold the name, without consulting someone more knowledgeable in domain valuations and negotiations, first.

i'm sure you wanted to do your own thing, but by soliciting, i think you sold yourself short.

how:
by assuming, what the potential buyer wanted you to assume.
taking on the assumption of possible tm, issues, you became passive and flexible.
yeah, they tried to run game to get lower price.

still, if you found another buyer, made a profit that you're happy with, then that's all that counts.

Congrats!


imo...

 

[NetworkPearl]

it really comes down to whether you have it cause you want to sell it or hold on to it, isn't it? just because of the personality buying it is a snake doesn't mean not to sell it if that was your intent when you bought it. Hope that helps with your decision.

his personality isn't a snake , he seems like a nice guy actually. He thanked me for contacting him again and said he'll discuss with his business partner regarding this.

 

[jideofor]

The increase the price thingy doesn't work very well with endusers you are begging to buy (seller initiated the contact, seller trying to hurry up sale with frequent emails) We have an indifferent enduser here that will walk away with a standoffish price increase.

People need to be careful with the way they dish out advise, especially one that could make one lost a sale. IMO, it is best he does not bother sending another email.

 

[Paul123]

It doesn't matter what business you are in -- 9 out of 10 buyers are complete time wasters. Domaining is no different.

Sell on a first past the post. When the money is in your bank account then the deal is done. Until then forget it.

The -- I'll speak to my partner -- I'll pay you tomorrow -- I'm in hospital but will pay when come out -- The goldfish is ill so I'll pay when I get back from the vet etc etc never ends in a sale.

Money in bank = sale.

I'm bored.

Best.
Paul

PS good luck to the OP anyway. Hope it goes well.

 

[bashariqbal]

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.

 

[NetworkPearl]

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.

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.

 

[frank-germany]

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.

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