advice Negotiating with potential buyer

[BuyWebDomains]

Hi,
After some advice please.

Received an inbound offer on a WeChip 4L.org, only purchased from another NamePros member a couple of weeks. The offer was a straight $500.

Obviously the 60 day lock is in place so the domain can only be pushed. If the initial offer was $500 what do you think my next move should be?

Thanks,
Steve

 

[deez007]

Normally if the initial offer was made by the potential buyer then that's more than likely the least they are willing to pay.

If it was me I would counter the offer (counter higher than what you want for the domain and let the potential buyer negotiate you down the the price that you actually want)

 

[infosec3]

I agree with deez007. An initial offer of $500 indicates the buyer may be willing to pay much more. I would not over do it, especially with a .ORG name, but I would counter with a higher price, giving a hint that I am still willing to be a little flexible, so I don't lose the sale. $500 on a 4L .org is not a low ball offer, so the potential buyer is a serious client.

 

[SirDrago]

$500 initial offer for a .Org is strong, I personally wouldn't push it far past that. You could suggest $1,200/$1,400 but you take the chance of losing what I believe to be a solid offer.
Either way best of luck and please keep us updated.