Negotiating Advice

[r72gs]

I need a little advice.

I just received an email reagarding one of my domains asking for a price. I'm not sure how to proceed on this. Do I counter or see if I can get them to make the first offer? If so what is the best way to get a counter offer from them? I think the domain should bring low xxxx.



Thanks,

 

[Big P]

I would let them offer up an amount first, you don't want ot lowball yourself.

 

[oveber]

and you`r shore it`s not a scam mail??

 

[acronym007]

Don't establish a price, allow the buyer to offer.

 

[.Andy]

Tell them your thinking the mid xxxx range and allow them to counter back 1k (I assume thats what you want) It will be a lowball offer (most offers are) but it will be what you want (personaly what I would do no guarantees)

 

[r72gs]

and you`r shore it`s not a scam mail??

No, don't think it's a scam. No mention of apprasials or anything like that.

I was think of emailing and saying I have plans to develop it but since I have not yet started I'd be open to offers. I'd like to see him make the first move. It's a nice generic name that has a lot of possibilities.

 

[MicroGuy]

I would recommend that you offer the xxx domain for mid to high $xxx before the buyer backs xxx. IMHO.

 

[ddchan]

No, don't think it's a scam. No mention of apprasials or anything like that.

I was think of emailing and saying I have plans to develop it but since I have not yet started I'd be open to offers. I'd like to see him make the first move. It's a nice generic name that has a lot of possibilities.

That'll be what I normally would do, so as to inviting an opening offer.

Last time finally I got an offer which is three times more that what I had originally thought of.

 

[weblord]

all i know is the start of negotiation when you counter their offer, the fun starts there.
a moment of silence between the 2 of you.
2 to 3 days for me and they reply.
then you get the sale.
that's just for me.

 

[DotWeekly]

Karl,

You have a couple of options;

1.) Go with a price that your gut is telling you that you would be happy with selling the domain. Be sure to leave a little room for coming to an agreement.

2.) Tell the interested party that you are entertaining offers in the $X amount range, but if you are going to do this.. I would be offering up some Reason behind your $X amount in the form of some Facts.

3.) Offer a streight up Buy It Now price and your not moving from it no matter what!

4.) Play hard to get and act as the domain is not for sale (risky) and hope they come begging with a juicy offer now or in the near future.

 

[r72gs]

Thanks for all the ideas. I waited a bit and emailed inviting an offer.

 

[NetOctave]

maybe now they'll ask you for an appraisal... I received a similar mail. I asked for their offer and received an appraisal mail. Hope your's do not end up that way..

 

[Archangel]

maybe now they'll ask you for an appraisal... I received a similar mail. I asked for their offer and received an appraisal mail. Hope your's do not end up that way..

I get offers first and after replying to their email, I get the appraisal crap

 

[ripley]

maybe now they'll ask you for an appraisal... I received a similar mail. I asked for their offer and received an appraisal mail. Hope your's do not end up that way..

Usually you can tell these scam appraisal emails up front. But if you're ever in doubt, tell them they should order an appraisal themselves and that you'd be happy to deduct the price of the appraisal from your final sale amount.

ripley.

 

[JoshuaPz]

In choosing your counter-offers, I would recommended checking this guy out. Google his name and his company name to determine if he has a website. If he does, check out how professionally designs it looks, how old it is (via whois), and how many monthly visitors it receives (via compete.com). Most likely, the better-established this guy's firm, the wealthier he is.

 

[ripley]

Also, check to see if related .TLDs have been registered recently or if there's any pattern to who owns them. If someone's buying out a .TLD it's a pretty good sign that they're very interested in your .com.

ripley.