discuss Name Pros buyers

[Inframan]

This has probably been discussed ad nauseam, if so list the link and I'll read it. I'm specifically referring to the buyers that state they have a budget and looking to buy, but never go to Sedo or Afternic.

Are they strategically getting you to list your domains so they can add it to their drop catch list?

 

[forge]

Are they strategically getting you to list your domains so they can add it to their drop catch list?

Your question makes no sense to me.

How do you know they (buyers) "never go to Sedo or Afternic." ?

Why would they add random portfolios to drop lists? Why would they even expect volumes of domains to drop in the short term?

But still overall, the domains wanted section is a non-starter.

 

[BaileyUK]

We all recognise when the occasional top-tier domain is offered for sale but I can't imagine these domain owners responding to the general 'have lots of cash' type postings. Why would you bother, you know the best response your likely to get is "Well its only worth such-and-such to me" and that's only if the potential buyer has any ready cash at all. Besides, if you are holding valuable domains you all ready know where to sell them.

I can't imagine these requests have much to do with domains dropping in the future, more a case of pretending to be at the 'Top-table' . Those that post a specific domain request are probably genuine but don't expect any offers to reflect the hyped heading.

I liken it to a buyer posting I want to buy a car/automobile for Big Bucks, No model, No spec - yeah right. Asking for .com short/pronounceable only is akin to saying it must have four wheels, and showroom condition. We call them tyre-kickers in the UK

 

[Inframan]

Your question makes no sense to me.

How do you know they (buyers) "never go to Sedo or Afternic." ?

Why would they add random portfolios to drop lists? Why would they even expect volumes of domains to drop in the short term?

But still overall, the domains wanted section is a non-starter.

You're correct I don't know if they go to the major marketplaces. If they do go, do they announce on these marketplaces I have a budget I'm willing to spend?

I'm reading a lot of previous posts of buyers on NamePros who state their budget and are looking to buy. The two responses I see are "PM Sent" and "Buyer or OP doesn't respond".

What is the real purpose of stating your budget?

If NamePros vetted buyers income, then this wouldn't be a concern.

It's not the expectation of short term drop it's the advantage of knowing a domain is available.

 

[Inframan]

"Well its only worth such-and-such to me"

Exactly what I was thinking. You submit your name to a buyer versus a buyer specifically requesting your name. You've lost the negotiating position.

 

[biggie]

You submit your name to a buyer versus a buyer specifically requesting your name. You've lost the negotiating position.

Hi

if submitting to a dn wanted thread, where the budget is within your (the seller's) selling price,
then if buyer likes it, there shouldn't be much negotiating, if any at all.

however, most of these newer buyers don't stick to their posted budgets,
some are wannabe borkers, and some are just fishing, or they don't have as much cash as they said they have, etc, etc.
and in those cases, you just walk away.

i've seen it all.

imo...

 

[johnn]

The wanted to buy section is a joke.
Ridiculous requirements and budget
- Taking in 200 extensions
- Budget from $1-$10,000 - It means they will buy the name for $1.
- Branpa Brandma, etc... approved.
- One word dot com for $1,000

There are some serious buyer but the percentage is around 2 percent.

 

[ResoluteDomains]

Tried many times but no longer participate. My names can be found if need be...

 

[bmugford]

There are a lot of BS "buyers" posting fake budgets. Sometimes these people might be acting as agents for actual buyers.

In other situations, they are basically just on a fishing expedition to get top tier domains for pennies on the dollar.

Most people with quality domains don't need to respond to fake buyer requests on NamePros.

Brad

 

[DomainNature]

The other reason is to promote hand regs for newbies!
I imagine Godaddy staff creating new accounts and generate such requests.

 

[forge]

The other reason is to promote hand regs for newbies!

Tell you what, it could be worse. Searching dotdb I have found longtail names using at least one of my CVCV names trying to (I have to assume) capitalize on my domain.

 

[URL Stream]

trying to (I have to assume) capitalize on my domain.

How so?

 

[URL Stream]

There are some serious buyer but the percentage is around 2 percent

checking the OP's feedback score can sometimes offer a clue if they are serious or not

 

[forge]

How so?

A few examples I've found, and they are names registered within the past few months, (using CVCV in place of the actual), CVCVinvest, CVCVstore, CVCVtechnologies and others.

My domain goes back to 1998, these others have no history per se.

 

[johnn]

It’s ridiculous both ways. Sellers send crap names also.

 

[BaileyUK]

It’s ridiculous both ways. Sellers send crap names also.

Indeed, So it begs the question, Why any serious buyers would even consider using such a request in the first place. It's really only ever been a Newbies playground for some imaginary sense of engaging with the market.

I've always thought such threads to be a confirmation of the delusional and gullible in action. Opening-up the possibility of scammers looking to target the OP's (and respondents) to other methods of fraud.

The reply for 'The best opportunity of your life' type bait.

 

[DN_Hunter]

I think some of the "buyers" are just brokers looking for names so they can try to sell them at a higher price elsewhere. If they are able to sell your names for more than what you are asking, they buy it from you and sell it to someone else.

 

[johnn]

May be there are solutions:
1. Close the section completely
2. The buyers MUST list the name(s) in public with all the information Except the price. Then the OP has 24 hours to negotiate the price in DM. After 24 hours everyone can contact the buyer to negotiate and buy the name. So in this case we will know if the OP is serious or the Buyer is fake and how many people sending crap names.

 

[BYYP]

Some threads with misleading title:
"budget: $1000+/item"

Looking for great two words, one word, 4L .com
My offer range $10-$5000.

He actually wants a com for $10

 

[Kass]

don't trust requesters

 

[forge]

It hasn't always been this way. What do you think the numbers mean in members' feedback ratings?

Now, the problem is reflected by so many "requesters" having ZERO feedback rating spanning months and even years. It's a sham(e).

 

[Kass]

It hasn't always been this way. What do you think the numbers mean in members' feedback ratings?

Now, the problem is reflected by so many "requesters" having ZERO feedback rating spanning months and even years. It's a sham(e).

but many requesters, even with a long period of experience and a lot of feedback, cannot even correctly formulate a request. And they do not correct it after moderator's comments

 

[Samer]

Some of the “buyers” are “data harvesters”

I avoid the “request” section. It has lost its way.

 

[BaileyUK]

It hasn't always been this way. What do you think the numbers mean in members' feedback ratings?

Now, the problem is reflected by so many "requesters" having ZERO feedback rating spanning months and even years. It's a sham(e).

Agree, but 10-15plus years ago. Most investors in domains were aware domaining was a skilful area to get involved with. We practiced and honed our skills in the knowledge that a certain amount of probable losses was all part of learning curve. These days many new members in general, tend to view domaining as a dog-eat-dog existence. These so called 'Buyers' are purely opportunists without investment skills. I agree, I would certainly like to see NP mods step in and determine good-practice. Ebay, and most secondary markets have their own values and good practice checks. Sure, nothings perfect but it would be nice to see the occasional 'step-in' to pull-up those repeating rubbish threads.

Mods are here to be judge and jury and we certainly have had our fill of these posts filling-up the threads. Just the occasional thread closed would show there's activity in the right direction.

It does seem that many with subscription memberships see that status as a carte-blanche to post as they wish

 

[NicTraders]

I gave up looking at the Wanted section years ago. I pretty much forgot it was there. I can't count the number of times you offered someone the 'perfect' domain as per their request and they wouldn't even respond, or would say 'not what I'm looking for'. It would be (hypothetically) a request that said "Will pay $500 for a domain that has pet and store in the name". You offer them petstore.com @ $400 and they say they're not interested. Yeah, I know, not a realistic example, but it used to be just like that. I wasted hours going through those requests and picking out some great names from my list and only ever made 1 or 2 sales from it (at wholesale prices of course). Definitely not worthwhile, in my experience.