Just got an offer for a 2 word .com of 11K. Need an advice

[AlexPaymer]

Guys need your help, what would you do if a broker from one of the known marketplaces would say that the they have a client for your domain an he offer 11K for it?

Would you directly agree on the offer? or try to raise a bit the price?
I'm actually thinking that price is OK but what if the end buyer is ready to buy it for 30-50k?

I know you would ask me to say the name, but I wont do it... not to f*** up the deal.

 

[bretttina]

Without knowing the name ????

Counter as you can always revert to the original deal price,

OR

If you are in need of funds ...... take the money..

JMHO

.

 

[mitch007]

Ha!
Sounds like a scam...... I have received this come on dozens of times before.
Anyway, IMO agree now to the price and see what comes next....

Chances are he will say his client desires an appraisal of the domain. He will want you to pay for the appraisal and if you do you will never hear from again. Its all about getting you to pay for an appraisal which he controls. IMO there is no buyer, only a possible sucker..you... Good luck

 

[AlexPaymer]

@mitch007 its not a scam 100%

@brettina yeah that's what I was thinking , checkin now all the other main extensions been bought earlier this month... looks like a big and old company.

 

[The New Guy]

Try countering without countering - just ask if they're able to offer more because you think it's more valuable than $11K and all the other main extensions are taken so it's a popular combination. Basically it's seeing how high you can get them to go without actually offering a dollar figure for your counter.

 

[venturefile.com]

Always counter and never take the first offer.. How high you counter depends on the name..

 

[gilescoley]

Counter with 20k and see what happens

I'm calling scam at first glance, I hope I'm wrong for your sake

keep us updated

 

[Magicpig2]

Is it a broker from Godaddy? Don't forget that a broker is generally given a budget to play with and that $11K would most probably be his opening offer. I had my biggest sale through a Godaddy broker contacting me and the opening offer was $10k . I got back by thanking him and stating that the offer wasn't what I was looking for. He went up and up and up with me turning each amount down and it was only towards the end of negotiations that I actually gave a price, and sold it for more than twice the original offer. Had to turn down $20k to get what I wanted!

 

[infosec3]

I agree that it is always good to counter, even if it is not too high. When you accept the first offer, the end-user tends to think he initially offered too much. But if your counter offer is not accepted and you need the money, take it.

 

[TheWatcher]

Cmon guys it's hard to help without knowing the domain name.

It could be a nice sale for $11K for xadasfad.com, and might be more for a premium name.

You need to price your domain name, and not to be greedy when someone offer. When you sell a name, then go for the next one and do the same process again.

At some point, you need to decide what's best for you. Don't be greedy or you will lose it.

Hope that helps.

 

[TC27]

Counter - if it is as you say a well known broker they should have no problem going higher.

 

[SpareDomains]

I've never taken a first offer. Rare for someone to shoot their max budget on the first pull. With that said without knowing the domain hard to give an opinion as wouldn't wanna screw ya up on the slim chance that 11k is far more than the domain is worth.

 

[Soofi]

Guys need your help, what would you do if a broker from one of the known marketplaces would say that the they have a client for your domain an he offer 11K for it?

Would you directly agree on the offer? or try to raise a bit the price?
I'm actually thinking that price is OK but what if the end buyer is ready to buy it for 30-50k?

I know you would ask me to say the name, but I wont do it... not to f*** up the deal.

Must counter without any price point knowing the FACT that all other extensions are taken.

You should be looking at somewhere in the middle of $ xx, xxx range to sell this name, since the opening offer is $11K, and as per my opinion from what I have experienced of previous sales the opening offer is normally 10-20% of the final budget.

But again, do not give any final price point to the broker or you may end up leaving money on the table.

Good luck bud!

 

[AEProgram]

When someone initiates contact especially via a broker counter and counter high. They are more scared of you not agreeing to sell the name than you are of them being turned off by your counter.

If you have fear you will never make a penny in this business, you will end up playing chicken on the good names you have, and with the bad names well you will end up renewing as you will fear maybe this time someone will buy it. Domang will end up being a zero sum game for you or worse.

As a domainer the minute someone contacts you about a domain they confirmed you have prime property. After all 99.9999% of domains will never get any interest at all in their domains, hence the massive drops daily.

If they go ahead and make an offer in the high XXX or low XXXX then surely you have good prime property. The idea that they can easily go grab another name is nonsense. Sure they can always get alternatives but they are in love with your name for whatever reasons, even if it might not make sense to you.

Its like dating, you see people chasing someone and doing all kind of silly things trying to go out with or stay in a relationship with them when in fact from your prospective they have so many better options. You cannot and will not always be able to pinpoint why someone is in love with your name, but when it happens you must be confident that they need you more than you need them and start believing 100% that your domain is highly valuable.

Learn to have extreme patience and do not email them unless they ask something. Some of the high XX,XXX + names take many months from start to finish, lots of that time is spent just sitting and waiting. Initiating contact can only destroy the sale.

 

[Domainerr]

Counter offer With 25K..You may get 20K..Best of luck...can u pm me the Domain name?...:D

 

[matrigaldo]

I don't want to be captain obvious, but i hope they'll never ask you to get a paid appraisal for this domain....

 

[JohnnyNight]

What I've done is simply tell the broker is that you are willing to sell the name, but that you will only deal with the principles who are interested in it.

 

[Helmuts]

that is a huge amount for me.. honestly, I would write them an invoice immediately as there will be always alternatives for 2-name domains... but that's me

gl,
Helmuts

 

[Domainerr]

No updates from OP?..I guess its an appraisal scam..

 

[DNVantage]

Counter as you can always revert to the original deal price,

OR

If you are in need of funds ...... take the money..

Try countering without countering - just ask if they're able to offer more because you think it's more valuable than $11K and all the other main extensions are taken so it's a popular combination. Basically it's seeing how high you can get them to go without actually offering a dollar figure for your counter.

a broker is generally given a budget to play with and that $11K would most probably be his opening offer.

Always counter and never take the first offer..

Counter - if it is as you say a well known broker they should have no problem going higher.

I've never taken a first offer. Rare for someone to shoot their max budget on the first pull.

Must counter without any price point knowing the FACT that all other extensions are taken.

But again, do not give any final price point to the broker or you may end up leaving money on the table.

I'm actually thinking that price is OK but what if the end buyer is ready to buy it for 30-50k?

I know you would ask me to say the name, but I wont do it... not to f*** up the deal.

Really solid advice on this thread. Some tips are new to me, so I summarized them for quick read.



@AlexPaymer One suggestion I can added to the list is not to mention something like,

I'm actually thinking that price is OK

Maybe mention it differently, like, I have been offered around 10K - 12K, but I think it is worth lot more.

Another tip, would be to mention you have two or more buyers interested, so if the buyer is reading this thread and gets an idea it is about the domain they are interested in, through your username?, they might be eager to increase their offer.

Understandably you don't want to disclose the name, but you could consider,

1) mentioning part of name or what niche it is in
or better,
2) PM it to someone here who has been around for a long time and has sold tons of valuable domains. [ not me, I have no idea how to price domains. ]

Do keep us updated on amount, how the negotiating went and if possible the domain name after the sale.