status-duplicate Mockery at Domain Buyer Requests Threads

[Haroon Basha]

I really do not understand what these buyers think of DOMAIN BUYER REQUESTS thread. One such posts that I read today were a buyer looking for a Brandbucket published names for a budget of $ 8 to $ 12. Pray, tell me where on earth I will get names that cheap unless it is going to expire today. Why would a seller sell a domain for $ 8 when the registration fees itself is around $ 10 to $ 12 per name and then one has to pay listing fees for brandbucket to get it published?

It is pity that we have been thrusted with such Buy Requests.

 

[Furquan]

He still gets some name for $12 but not a single for $8. Yet I think he won't buy anything as he & one other seller (coincidently both are from Indonesia) looking for cheap "Two Word"high-value keywords names.

People should realise that both don't want to buy only they want to look at your names & then come up with their own from GD closeout or by registering new.

 

[NickB]

I would not even consider replying to such a stupid request

 

[lock]

Yes just amazing the requirements saw others day requests for 5l words in com only $50 makes me feel like posting i want 3L dot com for $20. Just as silly trying to get 3million retail on the forum for a great gtld. Everyone needs room to move but nobody wants risk.

 

[Furquan]

People should always avoid "buyer request" from a member who want to pay quick cash. As he is not going to buy he only want to get your domains idea.

 

[Soofi]

AVOID SUCH THREADS & PEOPLE (EVEN)!

 

[Furquan]

AVOID SUCH THREADS & PEOPLE (EVEN)!

That's what I do & I always recommend this to all.

 

[SlimPickins]

why avoid them, as a (person or) domainer? They are looking for deals, just like anyone is. People sell things for a loss, to get liquid cash asap or rather than drop them, pretty often probably. If the budget doesn't fit your expectations for your domains, JUST MOVE ON. simple as that. Or conversely, should we start listing and analyzing BUY NOW threads with, in our opinion, ridiculously high BIN prices? How is it any different, aside from sitting on the other side of the bargaining table? Another similar BB published thread has a budget of $20 (to $500), so this well established buyer also feels that $20 for a BB domain isn't a slap in the face..... and they are getting PMs as well.

Personally i would rather have a buyer post an HONEST budget, and be able to save my time not submitting if I consider it too low, rather than an IMPRESSIVE budget, which compels me to take the time to compile a list for consideration, only to receive the lowball reply which reveals their true budget. And by that I mean, for example, if i send a list of domains within their posted budget that i COULD today in the current reseller market sell for around what I list as the BIN price in the PM to buyer, and is within their posted budget, but their reply/counteroffer is WAY below their own posted budget or current reseller prices. THAT is a time waster. They bait with a compelling budget but some of them probably had zero intention of paying in that range. THEY were misleading and wasted my time in the pursuit of doing what the OP of the thread you are bashing is doing more transparently..... looking for the seldom bargain. And i can say that the OP you are talking about DOES buy domains..... just bought one from me for considerably more than his posted budget here, so isn't just "window shopping" or looking to waste sellers time imo.

There have been numerous times when people have posted in Domain wanted threads bashing the OPs budget, and the response has been clear: don't like the budget? move on. The OP should be realistic to begin with but, if not, the deafening silence in their inbox should prompt them to either raise their budget or adjust their criteria....

 

[Furquan]

Another similar BB published thread has a budget of $20 (to $500), so this well established buyer also feels that $20 for a BB domain isn't a slap in the face..... and they are getting PMs as we

He is not even going to pay $20 for a name so forget the $500.

 

[Soofi]

why avoid them, as a (person or) domainer? They are looking for deals, just like anyone is. People sell things for a loss, to get liquid cash asap or rather than drop them, pretty often probably. If the budget doesn't fit your expectations for your domains, JUST MOVE ON. simple as that. Or conversely, should we start listing and analyzing BUY NOW threads with, in our opinion, ridiculously high BIN prices? How is it any different, aside from sitting on the other side of the bargaining table? Another similar BB published thread has a budget of $20 (to $500), so this well established buyer also feels that $20 for a BB domain isn't a slap in the face..... and they are getting PMs as well.

Personally i would rather have a buyer post an HONEST budget, and be able to save my time not submitting if I consider it too low, rather than an IMPRESSIVE budget, which compels me to take the time to compile a list for consideration, only to receive the lowball reply which reveals their true budget. And by that I mean, for example, if i send a list of domains within their posted budget that i COULD today in the current reseller market sell for around what I list as the BIN price in the PM to buyer, and is within their posted budget, but their reply/counteroffer is WAY below their own posted budget or current reseller prices. THAT is a time waster. They bait with a compelling budget but some of them probably had zero intention of paying in that range. THEY were misleading and wasted my time in the pursuit of doing what the OP of the thread you are bashing is doing more transparently..... looking for the seldom bargain. And i can say that the OP you are talking about DOES buy domains..... just bought one from me for considerably more than his posted budget here, so isn't just "window shopping" or looking to waste sellers time imo.

There have been numerous times when people have posted in Domain wanted threads bashing the OPs budget, and the response has been clear: don't like the budget? move on. The OP should be realistic to begin with but, if not, the deafening silence in their inbox should prompt them to either raise their budget or adjust their criteria....

Why waste time in the first place bud?

 

[SlimPickins]

That is a totally different seller than the one that was, initially, being picked out and discussed/insulted. And really, to post a OPINION/ASSUMPTION about someone without facts is not cool....

People should realise that both don't want to buy only they want to look at your names & then come up with their own from GD closeout or by registerin

Does this really sound like a successful strategy to you? Posting a thread looking for the LOWEST quality BB domains out there, to get "inspiration" to find similar on GD or as handreg, rather than to buy them? Why look for the cheap ones, and thereby probably the lowest quality, rather than posting a thread with a BIG budget to window shop the higher end ones, and then use them as more useful inspiration for selecting similar on GD closeouts or available to handreg? i am NOT saying people should use that strategy, just pointing out that the logic in your quote that this is what the OP buyer is looking to do with his low budget thread doesn't really make sense imo.....

Why waste time in the first place bud?

Which brings us back to my first point.... are we going to bash BUY NOW threads with "ridiculously high" BIN prices too? What is the deciding difference between a buyers thread with a low budget and a sellers thread with a high price? As long as both are transparent enough for me to know what i am getting into, and able to decide to engage with them or not, then all is fine. Better than misleading budgets or prices imo. This obviously doesn't apply to people that really do waste time in their negotiation strategies, i am simply discussing the appropriateness of buyers posting a "low" budget for domains and its comparison to sellers with off the charts BIN prices....

 

[karmaco]

There are several deep pockets but cheap as can be “buyers” of brandables who will take advantage of people when they need money. I think we all know who they are.

While it’s true that no one “has” to deal with them if there was a minimum here in the domains wanted section they could not pull this here as easily as we could report them if they were false advertising and offering less than their stated minimum budget. This is a huge issue here— posting fake budgets or not posting a budget per domain.

$5K budget guys —but I want them all for $8 is super misleading.

 

[gilescoley]

A lot of new domainers buy 100's or even 1000's of names and come renewal time, they would happily accept $4 or $5 a name rather than letting it expire.

 

[SlimPickins]

good post Karmaco, and I agree, I think the act of posting misleading budgets to whip up interest and get lots of solicitations, only to counter with offers that, had it been the actual posted budget range, wouldn't have received the interest that it did, is a big problem. But i think there is a big difference between posting (perceived) low budgets versus "reasonable" budgets but with no real intention of paying in that range. Also, a thread posted having 5K to spend overall, but looking for $8 domains is still fine imo, as long as it is clear. And it isn't taking advantage of someone to agree on a low price and buy it.... if a desperate seller had a BETTER option they would take it, but if it is the best price they can get when they need the money that's just business, and more a matter of a buyer taking advantage of a MARKET rather than a seller.

My reply was to the theme of the OPs, stating that it is a "pity" that buyers are able to post threads with what are considered too low of budgets. But, who decides what is a "reasonable" budget worthy of having the thread "approved"? And does that mean we should no longer be allowed to buy domains below this "agreed" reasonable threshold? Really? So now we have pricing police, making sure that nobody gets too good of a deal, so that nobody gets burnt/taken advantage of as seller? And would we do the same to BIN price threads, ie only allow sales threads with prices that we all agree are reasonable, so that nobody pays too much as buyer and gets burnt? Of course we wouldn't! Everyone wants to buy low, sell high.... so to beat a dead horse, my opinion is that as long as the buyer is clear in the title and thread about their budget and criteria, it shouldn't matter what their budget is..... if sellers don't find the budget worthy of their names, just skip it. If no one is submitting domains then the buyer obviously doesn't see their frugal strategy come to fruition and will either give up or adjust their budget or criteria. But mocking people for looking for bargains is not necessary or helpful.

Back when I used to be a moderator for the domains wanted forum, I also felt that it was a pity that there was no verification system to make sure that posted budgets were real, ie buyers could walk their talk, but at the end of the day NP shouldn't have to be in that position, and the simple solution is that buyers be realistic and HONEST about their budgets to save sellers time and, hopefully actually reach some deals. There will always be people that are indeed just window shopping or hoping for the rare naive seller or mistakenly included gem with a ridiculously bargain price..... but if the budget is transparent, then sellers always have control whether to bother submitting domains or not. But just because a buyer says they are looking for domains in a particular range doesn't mean they automatically have to agree with a sellers own valuation that their submitted domains as being worth a price in this range..... they could say "no thanks" or, which seems to be the vibe in this thread, reply with not interested at that price but would buy it for x (lower than posted budget). Maybe was a tricky tactic, maybe was a seller simply not finding that particular domain as falling within their posted budget but still interested enough, albeit at a lower price, to see if a deal can be reached. sellers should be honest with themselves too regarding whether they could sell the domain they submit in a BIN thread today for a price within the buyers posted budget..... otherwise why expect them to buy it for that much just because you replied to a thread?

 

[karmaco]

I believe there should be a price police here on request threads. Nowhere else where domains are bought and sold can you weasel a domain out of someone for less than $10 or $20 bucks. Why is this place called Name Pros the bargain basement of domaining? It’s downright embarrassing.

I would rather a name drop or renew it than sell for under ten bucks. Nowhere else can you buy a dropping domain for what people routinely expect here. Even mediocre names go for XXX elsewhere.

I do not fault the sellers who are trying to break even. What I do take issue with is vultures here who want to get your name below cost and who post misleading and or unreasonable request threads.

 

[Haroon Basha]

I believe there should be a price police here on request threads. Nowhere else where domains are bought and sold can you weasel a domain out of someone for less than $10 or $20 bucks. Why is this place called Name Pros the bargain basement of domaining? It’s downright embarrassing.

I would rather a name drop or renew it than sell for under ten bucks. Nowhere else can you buy a dropping domain for what people routinely expect here. Even mediocre names go for XXX elsewhere.

I do not fault the sellers who are trying to break even. What I do take issue with is vultures here who want to get your name below cost and who post misleading and or unreasonable request threads.

What I do take issue with is vultures here who want to get your name below cost and who post misleading and or unreasonable request threads.

Rightly said about these super hunter "buyers"

 

[SlimPickins]

I disagree with that post Karmaco. There is no FORCE on sellers to sell at a loss, below current reseller prices or any other valuation..... other than their own situation (financial, personal, as domainer etc). There are plenty of reasons to CHOOSE to sell for less than a domain is currently "worth", such as not worth the cost to renew and further hope for a sale, immediate personal financial need or to get cash asap for another acquisition that, long run, is "worth it" to absorb this short term loss... or selling in bulk is often a reason to sell for less than it would get individually. The bottom line is sellers of their OWN FREE WILL are, or are not, submitting domains for sale based on a buyers posted budget. Period. If a seller doesn't want to sell their domains that low, just don't submit domains! If a a seller is willing to sell them for within the posted budget but the buyer counteroffers with something too low/lower than their posted budget, simply decline and move on. IF you notice a pattern with that buyer always countering your domain prices with lowball offers, you can always block that member. But I REALLY think issues are getting confused and lumped together here..... the OP said it was a pity that buyers are able to post "domains wanted" threads with, in his opinion, unreasonably low price ranges given the criteria. That's fine, just don't submit domains. As it says in the NP rules and guidelines, and we put a LOT of time and discussion into these years ago:

6. If you’re not receiving enough submissions, reconsider and update some of your most limiting criteria to infuse interest: higher budget, new or more specific criteria.

But it most certainly isn't against the "rules" to post a lower budget then current reseller prices, it just shouldn't net too many fish. I DO find it a bigger issue and also annoying if someone chooses to post a low budget and constantly and repeatedly bumps their thread despite getting no submissions...... a polite and professional PM could be in order, especially if a newer member, showing them where to research a more reasonable price benchmark to work with but attacking them, or where they are from (?!) over an opinion over budget is uncalled for imo.

The other issues, regarding people "taking advantage" of people by paying too little is a bit absurd imo.... a seller has to CHOOSE to submit to sell their domain based on the posted budget or counteroffer, it isn't a no reserve auction here, and there is no obligation. I would recommend that those people simply open BIN or make offer threads of their own to get the much deserved price out of the domain. And, if they don't get more, the "problem" isn't with the wolfish buyer but rather the current market at large.

But I for one would hate to see any sort of pricing police policy..... especially given that prices fluctuate and what is fair today might be too much paid tomorrow or indeed a bargain in the long run..... the true "price police" are your competitor domainers, who are either willing to sell for even less or pay even more, whichever the case may be.

 

[Jay Ha]

Msg to this kind of buyers: good on you. Buying low and selling high. Retail 101.

Msg to sellers: if the budget doesn't make sense to you then don't submit and move on mate.

No one is forcing anyone.

 

[equity78]

Not sure why this is in news, because it's not news.

And we have a ton of these threads,

https://www.namepros.com/threads/why-domain-buyers-have-so-many-threats.1114317/#post-7022268

https://www.namepros.com/threads/how-to-make-domain-name-wanted-section-better.1115523/#post-7032432


https://www.namepros.com/threads/bogus-buy-requests-and-time-wasters.1111497/#post-6994621

https://www.namepros.com/threads/ho...-take-to-give-yes-or-no-answer-to-pm.1094968/

https://www.namepros.com/threads/domain-buyer-requests-subforum.1084364/

https://www.namepros.com/threads/actual-per-domain-budget-in-title.1078381/

While some good points made here, you are never going to stop people getting enraged. And it does have other effects, people are blocked, mocked and some have expressed to me doing more, like a hall of shame of Namepros buyers.

In domaining this is a tale as old as time:

Part of an article I wrote last month on the topic

I have had people say to me they want to name and shame all those that have sent them off requirement submissions, kind of like a Hall of Shame for domains wanted.

Others report submissions as spam and depending on the situation I believe Namepros will issue warnings which can lead to an account suspension if you accumulate enough points.

There is no perfect solution, I read a thread on Namepros today where one gentleman wants Namepros mods to authenticate buyers.

Let the buyers with zero feedback first prove their authenticated identity with NamePros management with their proof of ID cards.

Namepros is free, that ain’t ever happening, if you don’t like what’s on one channel, change the channel. But there is no perfect fix, I understand that poster’s frustration, I have often tweeted out that domains wanted makes for some of the greatest comedy on the net.

There are some serious buyers, Brad Mugford, Vito at Media Branding, L2 Media, just to name a few. I can confirm these people buy names, have real budgets and purchase names.

The domains wanted stew is composed of some real buyers willing to pay fair prices for the names submitted, some sellers who pay attention to the requirements and only send those. Then the majority is buyers looking to get lucky that some noob does not know what they own and sellers who use it as free scratch off game sending every name they own at every thread, usually priced at the high point of the budget.

I do think what some don’t realize is that they are affecting their overall rep in the community, which can be important when starting out especially, people are blocking, ignoring, basically shunning those that start ridiculous requests with ridiculous budgets. It’s not worth it in my opinion, but that’s for each person to decide.

https://tldinvestors.com/2018/11/do...new-definition-of-insanity.html#comment-36316

The best suggestion is to ignore but human nature has proven many will not. The other thing when I was modding that section was we tried to get no replies after a month closed. It might need to be automated.

 

[Haroon Basha]

I disagree with that post Karmaco. There is no FORCE on sellers to sell at a loss, below current reseller prices or any other valuation..... other than their own situation (financial, personal, as domainer etc). There are plenty of reasons to CHOOSE to sell for less than a domain is currently "worth", such as not worth the cost to renew and further hope for a sale, immediate personal financial need or to get cash asap for another acquisition that, long run, is "worth it" to absorb this short term loss... or selling in bulk is often a reason to sell for less than it would get individually. The bottom line is sellers of their OWN FREE WILL are, or are not, submitting domains for sale based on a buyers posted budget. Period. If a seller doesn't want to sell their domains that low, just don't submit domains! If a a seller is willing to sell them for within the posted budget but the buyer counteroffers with something too low/lower than their posted budget, simply decline and move on. IF you notice a pattern with that buyer always countering your domain prices with lowball offers, you can always block that member. But I REALLY think issues are getting confused and lumped together here..... the OP said it was a pity that buyers are able to post "domains wanted" threads with, in his opinion, unreasonably low price ranges given the criteria. That's fine, just don't submit domains. As it says in the NP rules and guidelines, and we put a LOT of time and discussion into these years ago:

6. If you’re not receiving enough submissions, reconsider and update some of your most limiting criteria to infuse interest: higher budget, new or more specific criteria.

But it most certainly isn't against the "rules" to post a lower budget then current reseller prices, it just shouldn't net too many fish. I DO find it a bigger issue and also annoying if someone chooses to post a low budget and constantly and repeatedly bumps their thread despite getting no submissions...... a polite and professional PM could be in order, especially if a newer member, showing them where to research a more reasonable price benchmark to work with but attacking them, or where they are from (?!) over an opinion over budget is uncalled for imo.

The other issues, regarding people "taking advantage" of people by paying too little is a bit absurd imo.... a seller has to CHOOSE to submit to sell their domain based on the posted budget or counteroffer, it isn't a no reserve auction here, and there is no obligation. I would recommend that those people simply open BIN or make offer threads of their own to get the much deserved price out of the domain. And, if they don't get more, the "problem" isn't with the wolfish buyer but rather the current market at large.

But I for one would hate to see any sort of pricing police policy..... especially given that prices fluctuate and what is fair today might be too much paid tomorrow or indeed a bargain in the long run..... the true "price police" are your competitor domainers, who are either willing to sell for even less or pay even more, whichever the case may be.

Thanks for the detailed explanation. The whole write up is justifying the "wolfish" buyers, who are trying to suck the innocent blood with their ridiculously low price Buy requests. Do not try to whitewash them as the Buyers are the kings.