Received an inquiry,need some advice.

[Dillpup]

Hi guys,

I just got an email from a potential buyer on a catchy,brandable,poker related .COM.

It was a simple email saying he saw I owned the name "on GoDaddy" and asked me if it was for sale.
The email came from an AOL address....But interestingly,the .CO.UK version of the name was just registered on July 4th by someone in the UK.
This makes me think the buyer COULD be hiding his identity behind an AOL address,because the chances are slim the co.uk would be registered recently AND I'd get an inquiry at the same time.
The name is GREAT IMO,for a video game,poker site,poker software,or poker TV show.I probably shouldn't reveal it yet.
He didn't even make reference to the fact the domain resolves to a Sedo parked page where he could make an offer..
How should I respond? I look forward to your feedback.

 

[Michelle]

I would tell them that every domain names is available if the price was right and then ask them what sort of of price they had in mind :hehe:

 

[JoshHendo]

Ask him the price and see how much he is willing to pay. if it isn't that much keep it :D

 

[Venolus]

Get a good appraisal and then sell it if he pays more than the appraisal value

 

[Michelle]

Get a good appraisal and then sell it if he pays more than the appraisal value

Thats a good point because if its not a known word then the person appraising it could give it a low $x but if the buyer wants it for whatever reason this would make it higher :hehe:

 

[slaughterbeck]

Respond politely that you recently received an offer and if the customer is serious they should make you an offer accordingly. This places just enough pressure on the prospect while not scaring them off with an outrageous asking price.

 

[aLeeOnline]

Respond politely that you recently received an offer and if the customer is serious they should make you an offer accordingly. This places just enough pressure on the prospect while not scaring them off with an outrageous asking price.

i agree with you ...

 

[SimpleDomaining]

i would write, that I am open for negotiation, if the offered price will sound ok to me. In same time i would find an apprisal to get some ideas of value of domain to keep it in mind.
The bad thing, that any buyer (i dont know about domains buyer, but i know about buyers in general) will ask about the start negotiation price from the seller. So anyway you need to appraise it first. Good luck.

 

[Michelle]

If you tell us the name am sure someone will help here :hehe:

 

[slaughterbeck]

If you tell us the name am sure someone will help here :hehe:

If you were to disclose this information the person or organization interested may be able to find this thread in a few days after google indexes it by simply searching for “www.whateverdomainitis.com”. I know that’s what I would do if I had a serious interest and I think you may appreciate how this could turn out to be very disadvantageous from your standpoint.

 

[Michelle]

If you were to disclose this information the person or organization interested may be able to find this thread in a few days after google indexes it by simply searching for “www.whateverdomainitis.com”. I know that’s what I would do if I had a serious interest and I think you may appreciate how this could turn out to be very disadvantageous from your standpoint.

maybe then someone could help by pm. Not me am not good at this just yet but there are a few pros around here am sure would help

 

[EbookLover]

If you were to disclose this information the person or organization interested may be able to find this thread in a few days after google indexes it by simply searching for “www.whateverdomainitis.com”. I know that’s what I would do if I had a serious interest and I think you may appreciate how this could turn out to be very disadvantageous from your standpoint.

Yeah, that's the bad thing about posting your domain to a forum like this. Heck, the buyer may be lurking here as we speak. Even if you ask for appraisals via PM, he could be one of the "appraisers" and you'd never know any better.

Tough call.

The only other alternative is to not get an appraisal. Afterall, it means nothing what others think. It only matters as it helps to give you a mental sale price range if you have no clue. Of course you could try paying for an appraisal, but that usually isn't a good deal.

Proceed with caution.

 

[BriGuy20]

I'm not sure I would get an appraisal.

First of all, there's a scam going around where somone expresses an interest in your domain, and once you respond with an asking price, the respondent asks you to get it appraised. The people responsible for this scam own the appraisal sites, of course.

After people go through such an appraisal, the person initiating the email stops answering.

Even if this is not the case, domains are worth what somone else will pay for them, period. Also, many appraisers are trying to sell other services to you, so many of them will inflate the price beyond what anyone could reasonably expect to get for it. I think appraisals are the responsibility of the buyer and not the seller.

Just my $0.02.

 

[EbookLover]

Yes, but that scam occurs when the buyer himself insists on you getting an appraisal from a specific company only (he owns he company so he's jsut trying to make money from you, not actually buy your domain). Unless this guys tell you that you must get an appraisal first from a specific company you know nothing about before he will buy the domain, then this probably is not that scam the post above speaks of.

 

[Dillpup]

Thanks for the input everyone.
Appraisals are pretty unreliable from my experience,as "brandable" such names are worth virtually nothing to 99% of people unless one has chosen it to market something with (which seems to be the case here).
In fact I believe I posted the name here a long time ago in the Appraisal section and got "low xx" and "reg fee" replies.
I've gotten a total of 3 inquiries over 3 months for the name,so I know it's somewhat in demand.I emailed the guy back saying Yes,the domain is for sale,and that I have received previous inquiries,and that he can feel free to make me an offer via email or the Sedo.com listing.
Also,I told him how I turned down a $300 package offer for the name he wants and a VERY similar "must-have" counterpart to the name I also own a few months ago.
Since the .co.uk was recently registered,someone must be planning something with the name,so at this point I see no reason to settle for less than low $XXXX minimum.
If the co.uk develops into something even semi-big,than I will be getting some excellent poker traffic,and poker traffic=$$$.
I just emailed him back a few hours ago,so hopefully I'll hear back from him tonight.

 

[EbookLover]

Thanks for the input everyone.
Appraisals are pretty unreliable from my experience,as "brandable" such names are worth virtually nothing to 99% of people unless one has chosen it to market something with (which seems to be the case here).

EXACTLY!

This isn't real life real estate here. These are domain names - intangible. There are no appraisal and valuation standards. It's all just speculation and opinions which aren;t worth much in and of themselves.

Good luck.

 

[SimpleDomaining]

EXACTLY!

This isn't real life real estate here. These are domain names - intangible. There are no appraisal and valuation standards. It's all just speculation and opinions which aren;t worth much in and of themselves.

Good luck.

Smart words. In near couple topics today we just came to resume, that domain worth only what buyer want to pay for it, or how much he need this domain. :hehe: