Patience is a virtue

[GravyMint]

... I waited 2 days, called him back and after a bit of small-talk I said "it's been nice talking with you and I really wish you well in your new venture, but $12,000 is my absolute lowest starting point". (notice the key words "starting point"... I intentionally used those words so as to give the impression that I may even try to negotiate a higher price if you gave me time to think about it!). I got off the phone quickly, and waited for him to make his last move. He called that evening and accepted the $12,000 price. He began the escrow, I transferred the domain and I had the bank-check in hand about 10 days later.

Patience is your best friend in this business!

Gene

Thanks Gene for your words of wisdom. I am new to this forum and I am looking forward to reading thru many threads. When I read your answer and about being patience it really made me realize that I am in the right place to get the advice I need to move forward with DN buying and selling. Patience is one of my strengths in life. I look forward to reading more of your posts.

Gary

 

[rziegler80]

Thank you

Thank you for sharing that thread. It is a great story... oh the day that I can make 12,000 on a domain sale!

Keeps the blood pumping and keeps feeding the domain name buying addiction.