My very first offer for a Sedo domain!!! Advice PLEASE!

[briman1970]

I've finally gotten my first offer for a domain listed on Sedo!!! The offer is $150 for GolfMinute.com

Golf Minute used to be a business in Naperville, IL. This was their domain before it expired. Oakley has a line of sunglasses called "Golf Minute". There is also a radio show called "The Golf Minute" that is fairly popular. It airs on ESPN Radio 920 AM, Fox Sports Radio 1460 AM and 97.1 The Point FM in Las Vegas. A televised version of "The Golf Minute" airs on Vegas 1 cable television and Vegas 35. I think there is a driver called "Golf Minute" and an exercise routine as well, but I'm not 100% sure.

How do you guys think I should play this? I would like some solid advice from some seasoned domainers if you guys can spare a moment! Any advice is much appreciated! Thanks!

Brian

 

[vip-ip]

Counter with $300 and see what the guy does

 

[Nerz]

I'd counter offer at around that same price too, given the history you have outlined

 

[domainSPOTLIGHT]

It would probobly help knowing what kind of type-in traffic it is getting.

 

[owenwww]

Does the domain make any money at Sedo? If it doesn't, either accept the $150 and register some that do, or try your luck and counter for a higher amount. If it does make money at Sedo, then how long would it take to make $150? If it would take several years, then it's probably still worth selling. If it would make $150 in a year or 2 then the offer is too low and you'd be better off just holding on to it.

 

[worldstar]

Suggest you sale the name at that price if a higher price is not possible! ( give the buyer a higher price like 300 and see)

 

[spikedo]

$150 seems low to me. Tell them you won't take less than $500.

 

[tipsfromthetop]

Yep i agree, they have obviously done there homework on the site and try to pull off a quick bid and rub there hands if they get it. If you throw back $300 and they do not discuss it futher then you will see they were pouching for a cheap name with good traffic.

 

[edmarriner]

what traffic does it get?

i also think you should counter but with $200 as if its some guy whos not in the doamin trade countering with $300 may scare him off

 

[greggish]

I would counter with $450. Doesn't look as expensive as $500 and also you leave yourself a perfect middle ground of $300 to settle on if he won't meet the $450.

 

[daze]

keep in mind that sedo takes 10% if your domain is parked there, and $50 if your domain is not -- so be sure to factor that in when making your pricing decision. good luck!

 

[nRnF]

Counter with 450 to 550.

 

[briman1970]

My first big sale!!!

Thanks for all the advice fellas!!! I sold GolfMinute.com for $225 via Sedo!!! This is my first "big" sale and a perfect transaction too! I got $202 after Sedo took their commission.
:D
My Paypal account is full again! Pssst... I'm buying domains... go here.

Brian

 

[vip-ip]

Congrats! Aim for $225,000 next time Good sale!

 

[tolkein]

Hey, congratulations! I'm still waiting for my first one

 

[Acroplex]

Congrats. Remember: offer on Sedo means one thing: they are trying to get the domain cheap. Since the WHOIS info is always available, they can contact you directly. Remaining anonymous means that you can lowball a domain.

 

[abs636]

Congrats man. I'm hoping to land some deals soon as well. Just browsing the forums and reading up.

 

[briman1970]

Congrats. Remember: offer on Sedo means one thing: they are trying to get the domain cheap. Since the WHOIS info is always available, they can contact you directly. Remaining anonymous means that you can lowball a domain.

Thanks everybody for their congats and advice. Thank you especially Radistar! It is great to get advice from someone who is a pro in the industry and a tough-as-nails negotiator as well! NP is the place to be!!!
:tu:
Bri

 

[StrictlyNames]

Congrats. Remember: offer on Sedo means one thing: they are trying to get the domain cheap. Since the WHOIS info is always available, they can contact you directly. Remaining anonymous means that you can lowball a domain.

So you're the one that offered me $60 through Sedo when I had a $350 offer on the table for PokerTournaments.us at ebay. LOL

Wondered who that was.

Couldn't respond to the offer cuz I had to counter with a number and I couldn't with the auction going.

I'm only kidding with you Radistar, but it was funny cuz Sedo fees would have been $50 with $60 offer... $10 for me.

Congrats on the sale Brian
My only sale through Sedo was "isuzu.info" for $600 ... It's obvious that Isuzu is now the owner, but I was happy to get rid of it for trademark reasons... only cost me 8 bucks anyway.

Keep up the good work.

Best Regards,
Dave

 

[PE-Steve]

Congrats on the sale, Brian