NameLot

No to $5000 offer for a new gTLD

Labeled as offers in Domain Selling and Domain Sales, started by DeliDomains, Aug 7, 2019

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  1. Silentptnr

    Silentptnr Top Contributor VIP

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    Was the offer an Efty verified offer, or in the spam/unverified folder?

    Did you turn it down by phone, email, or text message?

    Did you counter the 5k offer?

    Did you just ignore the offer?

    There may be some details you could share with the forum.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. skullnames

    skullnames Established Member

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    wasted 5 minutes of my life. :unsure:
     
  3. HotKey

    HotKey Made in Canada VIP

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    But the study is complete:

    The results are conclusive, no?

    1) There was an offer made.
    2) The offer was refused.
    3) Time will tell.

    Based on this information, there is nothing further to discuss. If only we all could be so succinct, particularly the part of the study that focused on the Good, and the Bad.
     
  4. Dave

    Dave Top Contributor VIP ★★★★★★★★★★

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    You turned down a $5k offer on a $9k BIN domain, is that correct?

    Why would you flat out reject as opposed to meeting in the middle at $7.5k?
     
  5. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    Yeah that does seem silly. It is one thing to reject that if your price expectations are $50,000+ or something, but that is close enough where a deal is probably possibly.

    Brad
     
  6. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    I rejected multiple offers today. I can't say the offer prices, or domain names.

    Should I start an individual thread to discuss it? :)

    Brad
     
    Last edited: Aug 8, 2019
  7. ksusha64

    ksusha64 Top Contributor VIP

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    I refused 70K on one word dictionary.com 2 weeks ago thats listed for 250K BIN. Its a category defining domain of huge industry. Its actually a true story, but brings no value to anyone just like your thread.
     
  8. hawkeye

    hawkeye Top Member PRO VIP ★★★★★★★★★★

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    Of course you should. And also brag about some $xx,xxx name sales you made but can't tell what the names are. It'll even be better if you say they were in some obscure new gtld too. Especially ones that have a 'very light' sales history of.
     
  9. NameDeck

    NameDeck Top Contributor VIP

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    I sold chocolate.com.
     
  10. NameBuyer.com

    NameBuyer.com Top Member PRO VIP Gold Account ★★★★★★★★★★

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    In general, I've just found it ironic that gTLD sales claimed often have a shroud of secrecy to them. Not just in this case, but in general. It seems counter productive. For example, if I was selling .net domains like hot cakes, wouldn't I want to put my sales out there to show the rising demand and help drive up industry pricing even more? We always hear that all of the best gTLDs are taken anyway, so why the secrecy?

    Statistically speaking...

    .graphics
    Registrations: 6,844
    Sales over $5,000: 0 (just yours for $25k)

    Probability of selling a .graphics over $5,000 is 1/6844 = 0.014% (1 in 6,844)

    .group
    Registrations: 69,442
    Sales over $4,000: 8

    Probability of selling a .group over $4,000 is 8/69442 = 0.011% (1 in 8,680)

    .tours
    Registrations: 11,519
    Sales over $5,000: 0 (just your offer of $10k)

    Probability of selling a .tours over $4,000 is 1/11519 = 0.0086% (1 in 11,519)


    So let's say you have 100 of these gTLDs, which it looks like you do not. Even if you owned 100, after 5 years, statistically you should only sell 0.012 domains. So the likelihood that that you've sold 3 in 5 years at this price level is extremely unlikely unless you own about 25,800 gTLDs. Do you own 25,800 gTLDs?

    Even if we said 90% of domains sales are not reported, which I don't believe is true, then statistically you would still need about 2,580 gTLD domains to make this true. At that point you would be paying about $51,600 (2,580 domains * $20 per year) per year in renewals , so it wouldn't really matter anyway.

    I'm not harboring suspicion. I'm just saying you are one of the luckiest men alive!


    upload_2019-8-8_17-19-44.png

    upload_2019-8-8_17-31-13.png
    upload_2019-8-8_17-38-52.png
     
  11. DeliDomains

    DeliDomains Oswin

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    @Silentptnr @Dave
    This was an inbound offer at DAN with a Buy now price of 9k, usually I would have countered, but taking a chance sticking to buy now.
     
  12. DeliDomains

    DeliDomains Oswin

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    Ru done with you statistics? Looks like your entire domaining decisions are based on the incomplete information from namebio.
     
  13. myfavorite

    myfavorite Top Contributor VIP

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    Most of us are here to learn through information sharing. When you provide a data that can't be processed the aim is defeated.

    It would have been better to wait when you can provide some info or avoid sharing what you don't want to share.
     
  14. DeliDomains

    DeliDomains Oswin

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    I agree with you here, but sometimes it take time to provide the data and in some instance you cannot because of a NDA. That does not mean you doubt the capabilities of other domainers and their methods of sale.
     
  15. myfavorite

    myfavorite Top Contributor VIP

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    I don't doubt you, just hungry to learn.
     
  16. NameBuyer.com

    NameBuyer.com Top Member PRO VIP Gold Account ★★★★★★★★★★

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    (y) Out of 400+ sales over $1,000 I’ve had 0 people ask for a NDA.
     
    Last edited: Aug 9, 2019
  17. Brands.International

    Brands.International formerly lolwarrior VIP

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    Believe it or not guys, there is some substantial information in this thread hidden, if you look well!

    For example, I was able (at least I think) to figure out what is the keyword of sold .group name here, mentioned above.

    @DeliDomains , can I have 1 public guess of keyword (just for fun) which you will confirm whether it is this one or not, or you prefer to keep it private? If you prefer to keep it private I will not have that public guess of course, as I respect fully your decisions about privacy.

    Thank you and wish you GL with your new gTLD names :)
     
  18. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    Interesting how almost all ngTLD buyers seem to insist on NDAs...
     
  19. hawkeye

    hawkeye Top Member PRO VIP ★★★★★★★★★★

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    ...embarrassment factor??
     
  20. Brands.International

    Brands.International formerly lolwarrior VIP

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    Why embarassment factor? I have read recently here on Namepros that you yourself have made some smaller sale of .xyz domain, I guess it was 3 worder for approx 3000 (if my memory serves me well). So should your buyer be embarassed, or what do you mean? :)
     
  21. hawkeye

    hawkeye Top Member PRO VIP ★★★★★★★★★★

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    I was the seller of the domain, not the buyer. I have no idea if the buyer was or should be embarrassed. (looking at what their site with the domain is, I doubt they would be.) One doesn't need an NDA to sell, only the buyer is the one requesting such. And for a sale of $25k or less, why they would need to ask for an NDA,..is open to interpretation.

    Bottom line, if one is going to claim sales noting the price or xxx figs, but can't/won't mention the domain, is pointless and simply ghost bragging.
     
  22. DeliDomains

    DeliDomains Oswin

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    Go right ahead...
     
  23. DeliDomains

    DeliDomains Oswin

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    Did you? Really?
     
  24. NameBuyer.com

    NameBuyer.com Top Member PRO VIP Gold Account ★★★★★★★★★★

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    Why yes I did. All disclosed with actual proof to NamePros for my Pro application.

    Just a big disconnect between those claiming huge success "with no proof", as opposed to those claiming little or no success in gTLD "with proof". Most of these claiming little or no success in gTLD are highly successful with other domains.

    https://twitter.com/DomainKing/status/1159416452333617152
     
    Last edited: Aug 9, 2019
  25. DeliDomains

    DeliDomains Oswin

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    So its all about pro badges and post count in here
     

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