analysis Max Price Sales Technique: Will Serious Buyers Lowball a 5-6 Figure Domain with low $X,XXX Offers?

[BrandingGo]

Hello,

If a dotcom domain is listed for mid 5 or 6 figures, will serious buyers make low offers in the $x,xxx range?

It would be great if you could share your experience.

 

[AEProgram]

yea! you are lucky if they don't start with $100

 

[Planet9]

Hello,

If a dotcom domain is listed for mid 5 or 6 figures, will serious buyers make low offers in the $x,xxx range?

It would be great if you could share your experience.

From my experience with a domain appraised by Atom at $24,000 and I listed a Buy It Now Price at $4,000,and offered $750, the Answer is YES! People are stupid for the most part.

 

[Ali Mustafa]

Hello,

If a dotcom domain is listed for mid 5 or 6 figures, will serious buyers make low offers in the $x,xxx range?

It would be great if you could share your experience.

as per my opinion and experience it happens often. Many buyers start with a low offer just to test the seller’s expectations, even if they have a much bigger budget.

 

[AriesAlpha]

From experience, yes. Not so long ago sold a domain to a buyer for just less than 10x what they initially offered.

Businesses and investors want to get as much as they can for their money, and want to convince you your domain is not worth what you're asking for it (where as you are trying to do the opposite with them), and they also want to test how in need of the money you are.

I think it's just about impossible to tell what a buyer's really up to, as they're all different personalities. One buyer will offer a price and mean it (i.e. it's what they're willing to pay, or very close to it), the more savvy are not in a hurry, and try and test your resolve before offering more. Sometimes significantly more.

AA.