Negotiation does not end well.

[Dondomainer]

The usual receive an email from ( DomainAgents ) a company that says mediate for a buyer, interested in one of my domains, initial offer

DA - $200,
ME - Declined, ( do not send a counter offer )
DA - $500
ME - Declined, ( send counter - x,xxx ) and I make contact, bla bla, why this is a great domain, bla bla.
DA -Say : I can not offer more than - $800
ME - Declined, ( send counter - x,xxx ) Reduce - 500

But then, send me other offert of $850

Excuse me!, just he told me earlier that you can not offer more than $800 but then, rise to $850, so basically I reduced the price for nothing, why he offer again after saying " I can not offer more than - $800 ", so basically he lied to me or at least it is how it feels.

My final answer - Cancel negotiation.

If there is someone here from Domain Agent, do not take this wrong, just that if your agent says you can not more than one figure, should not continue offering especially if the other party has lowered the price.

 

[DT13]

And? Would you take his money if he pay your asking price after he lie to you?

Question; if the buyer accepted your -500 offer would you take the money?
He just said that he can not pay more and lie to you.
I think you will, then it is no lie but good money.

 

[Dondomainer]

And? Would you take his money if he pay your asking price after he lie to you?

sure,,why not

but continue negotiating, it was a waste of time.( for me )

 

[DT13]

Because he is lying to you about his buged. He is paying more than he told you. You don't like thad do you remember?

 

[Dondomainer]

Because he is lying to you about his buged. He is paying more than he told you. You don't like thad do you remember?

sorry, that makes no sense. you are misinterpreting.

 

[frank-germany]

sorry, that makes no sense. you are misinterpreting.

how old are you?

 

[Dondomainer]

how old are you?

35..

 

[BrandZen]

My biggest sale(5 figure), went through that stage where the buyer said a certain amount was their max.. All I did was stuck to my price and because they really wanted the name they finally gave in at the price i dictated.

Don't take the negotiation process personally... My buyer said a certain amount was his max: I knew he could offer more. What the buyer means by max, is not always that they can't afford higher; but it's about them not wanting to pay over a certain amount. Now when you say no, they comeback later on and raise their offer if they really want a particular name. Now don't jump calling them a liar...

You are not trying to find a soul mate here??????
These are wolves simply practicing the art of negotiaton. Simply state your price or range and hold to.
Sometimes, people want the lowest price possible, other times they have a budget they don't want to exceed...Sometimes they'll come back with more.

I believe in business integrity, but we cannot get so carried away. This a negotiation.

Lastly, someone saying they, cannot offer more than x amount, is not a always a lie.. It's not saying they can't afford to. It's more saying they they arn't willing to spend more on that particular domain, but they really want it. Now they hope you will give in to their price and they are willing to pay-nothing more. Now that doesn't mean they can't change their mind...they didn't say they can''t afford more but that they can't offer more.

You are going to go crazy if this bothers you. 90% of negotiations imo are like this...You can't go crazy every time someone says this is my final offer or i can't offer more etc... you can only control how you react. You are not negotiating with mother Theresa man.

But, I respect your choice; who knows? maybe they'll come running back with a x,xxx seeing you arn't into games. I like your heart and mindset.. I might sharpen up a bit from this. much success to you.

A few weeks ago I had a buyer contact me via a VOODOO landing page. He offered $50 and said he really needed the domain for a school project and that was all he could afford. I had the name listed for 2K. I replied saying since its a school project, the domain name would probably not be very important and suggested a few names he could hand register. We went back and forth for a few days with me always suggesting cheaper alternatives he could hand register. He finally purchased the name for $1600. I was happy because I only paid $50 for it

 

[Dondomainer]

A few weeks ago I had a buyer contacted me via a VOODOO landing page. He offered $50 and said he really needed the domain for a school project and that was all he could afford. I had the name listed for 2K. I replied saying since its a school project, the domain name would probably not be very important and suggested a few names he could hand register. We went back and forth for a few days with me always suggesting cheaper alternatives he could hand register. He finally purchased the name for $1600. I was happy because I only paid $50 for it

I sold to another " student " a domain for 850, its initial offer was $ 200.

 

[frank-germany]

there are only students and parents buying domains for their small kids
who are inquiring for domains

never ever a large business wants to buy a domain

but that s no lie
thats a story

nothing else

 

[BrandZen]

there are only students and parents buying domains for their small kids
who are inquiring for domains

never ever a large business wants to buy a domain

You can't blame people. If a large corp came out and said they wanted your domain the price would go up 50 to 100x immediately

 

[frank-germany]

You can't blame people. If a large corp came out and said they wanted your domain the price would go up 50 to 100x immediately

I don't blame anybody
thats the way it works

its fun

 

[LaunchUp.com]

A few weeks ago I had a buyer contact me via a VOODOO landing page. He offered $50 and said he really needed the domain for a school project and that was all he could afford. I had the name listed for 2K. I replied saying since its a school project, the domain name would probably not be very important and suggested a few names he could hand register. We went back and forth for a few days with me always suggesting cheaper alternatives he could hand register. He finally purchased the name for $1600. I was happy because I only paid $50 for it

Well done!

 

[Kate]

DA - $200,
ME - Declined, ( do not send a counter offer )
DA - $500
ME - Declined, ( send counter - x,xxx ) and I make contact, bla bla, why this is a great domain, bla bla.
DA -Say : I can not offer more than - $800
ME - Declined, ( send counter - x,xxx ) Reduce - 500

But then, send me other offert of $850

Excuse me OP but I disagree.

The other party says: can't go higher than $800 but he nonetheless made a $850 offer as a gesture. The $50 increase is symbolic and not significant at all. It's not like he doubled or tripled his offer. Then you could say he had been bluffing. Not the case here. And if I am reading this right, you reduced your counter-offer by $500 so he obviously noticed there is a lot of margin on your end. I don't know how much you quoted but a $500 cut is probably significant.
He's just trying to negotiate even though your expectations might still be too far apart. Maybe he thought he had a chance and that you were aiming to get a deal.
Of course, we don't have the full exchange to look at but I see nothing unethical here, just bargaining.

You said: "I reduced the price for nothing". I think you're now regretting you've not been firm enough on price. But the other party probably couldn't offer much more than $800 oops I mean $850.

And it's completely normal that buyers are bargaining, even bluffing. They can also change their mind why not ?
They have to, because domainers are trying to squeeze the maximum money based upon the perceived net worth of the buyer. This is not 'fair' when your asking price varies so much depending on the person you're dealing with. How is that ethical from your point of view ?

 

[Dondomainer]

Excuse me OP but I disagree.

The other party says: can't go higher than $800 but he nonetheless made a $850 offer as a gesture. The $50 increase is symbolic and not significant at all. It's not like he doubled or tripled his offer. Then you could say he had been bluffing. Not the case here. And if I am reading this right, you reduced your counter-offer by $500 so he obviously noticed there is a lot of margin on your end. I don't know how much you quoted but a $500 cut is probably significant.
He's just trying to negotiate even though your expectations might still be too far apart. Maybe he thought he had a chance and that you were aiming to get a deal.
Of course, we don't have the full exchange to look at but I see nothing unethical here, just bargaining.

You said: "I reduced the price for nothing". I think you're now regretting you've not been firm enough on price. But the other party probably couldn't offer much more than $800 oops I mean $850.

I understand your point,

but my reduction of $ -500 was precisely because he said - i can not ove more than $800, It was my gesture.

I think he should, after discount, buy it, or leave it, not continue offering why ?!

suppose it had reached $ 500 more, then why i did the reduction, he could pay obviously.

My point is, when you say :

i can not ove more than x,xxx

obvious that you expect action back and when that action is performed put you at a disadvantage. In other words, you enter a rare side of the negotiation where " i can not ove more than " and your attempts to close the deal cost you much more money than you expect.

 

[frank-germany]

obviously we now can understand better after seeing this negotiation
why so many buy requests never come to a sale in the end

people are differrent

peoples language and expectations are different
you never know how the counterpart is feeling about your offer

that makes negotiating sometimes frustrating
but always thrilling

cheers
Frank

 

[B0NES]

This is all just part of the negotiation process. I am a car salesmen, and you'd be surprised just how many people come in saying they can't afford anything more than $20,000 and 3 hours later leave in a $25,000, or $35,000 car.

Bottom line: Don't take it personal, it's part of the process. If you really believed his '800 max' offer why would you even counter it with a $x,xxx figure.

Hiding your ideal budget for a product is a tool in negotiation, part of persuading the opposing party to give in more and more.
Your job as the seller is to make the most money possible.
His job as the buyer is to get the product for the least amount he can.

As you stated "suppose it reached $500 more, why did I reduce when he could pay obviously"
If that occurred, that just means he negotiated a better price for himself. He's not buying the domain to make you money, he's looking to get for the least amount he can.

Tools of sales, all this is. Nothing wrong at all. This technique is used in all of life so you better get used to it and try and grasp this technique.

 

[DnEbook]

I need the name for a blog, i can only offer $20 .....

 

[Ted Levy]

@gipson This is really an amazing thread going on for three pages; regardless of what is responded you say the same thing. You made a counter after he said "this is the most I can pay." Why? If he had accepted your counter would you have turned him down for lying? Instead he offered an intermediate amount, and you are offended?

You are living in a dream world. Who cares what they say other than what they offer? Here is unethical: Make an offer and then when it is met, back away. Other than that, all is fair. Do you expect a buyer to tell you "$xxx is my maximum that I can pay, but will you sell it to me for less?" Of course not. This is a negotiation; you stopped negotiating.

 

[frank-germany]

Make an offer and then when it is met, back away. Other than that, all is fair.
.

correct

 

[biggie]

if you can "lower" your price by $500, then they can "increase" their offer by $50.

but, don't forget, that "you" can also increase your price again if you want, even after they increase their bid or say "final offer".

imo....