offers Received an Offer for my Oldest Domain Name

[jamaltq]

Hello guys
I have received $5,000 offer at Godaddy for the domain name:
I S L A M Y .com (my ISLAM in Arabic)
The offer will expire today.
The domain is 23 years old, and registered in 17 other extensions.
What do you think guys: to ignore the offer or to push the domain to auction.
Your feedback with thanks.

 

[jamaltq]

Counter $13000 take it or leave it .

.

I already did.

 

[WillW]

I personally think 5K is a reasonable offer for that domain
What it always comes down to is whether you need/want the liquidity.
If you do then great, accept the offer.
If you don't, then it's up to you.
It's a gut feeling type of decision that only you can decide.

 

[jamaltq]

I have pushed it to auction considering the following reasons:
- I have purchased the domain in 2014, so I think to hold the domain for more than 9-10 years is not a good idea.
- I have noticed that the domain name al-islam.com sold via Godaddy auction for $45211, so it is worth it to try.
- There are No potential end users to try to do outbound for the domain, only one extension developed which is .app.
Thank you all guys for your feedback, appreciated.

 

[jamaltq]

Keep us updated. It's very interesting.

Sure I will.

 

[NickB]

As it's the last day just ignore it.....they must of visited your landing page and seen what the price is and are just trying to get it cheap...

Maybe set the lander to a payment plan to see if they will be bite at that price??

 

[Revisiting]

Yes more than 20 offers and inquiries.

Having had that much interest in the domain in the past, I would've thought you would have a fairly confident feel for the domains value. I'm going to guess that this is the best offer your received to-date on this domain. I doubt the potential buyer is any rush as he/she knows they can come back in at anytime so will probably let the offer lapse without any increase.

In these sort of instances, I tend to take my steer on what is happening on all the other extensions. If there is any good development on another extension, (not the number, but what has been developed) then I'm usually keen to hold firm for a good price. If on the other hand nothing appears to be happening on all the other extensions, then I'm a bit more skeptical if I can push my luck. I appreciate it's the .com

Surprised I'm not seeing anything on the .Org given the nature of the domain. But, your the one who would know what Country Codes to be checking.

Check-out the variations also 'ourislam' etc

 

[cooljub]

On Sedo, if you have a buyer offer, and the seller makes the counteroffer, that initial buyer offer is no longer binding.

I'm talking gd.. and dan..sedo cancels previous offers with each new one

There was a discussion about this a few years ago here.

 

[draco]

It looks like the domain was pushed to auction.

 

[Aradhi]

Perfect name
It's not only translated to "My islam" in Arabic,
But also exact match translation to "Islamic" in Arabic Language too
A very Good Domain

 

[capybara]

I can't see why domain age is relevant for you unless there's a sentimental value. What should matter are your costs with this domain and whether you are making a satisfying profit with this offer or not.

 

[Revisiting]

so it's just accept or nothing...

Yes, By the sounds of it. I personally don't feel it's that great a domain, given several prefix alternatives (Arabic) but, I'm by no means an expert on religious domains or know anything about Arabic preferences.
ISLAMY.APP seems to be the main player for the combo and probably the interested party.

Knowing me, I'd probably be checking their website stats, future plans and Company filings next. Probably wouldn't effect the final price but, I do love to dig and be informed as much as possible.

 

[jamaltq]

ok I see so your post isn't about counter
..cause u already did that.. well u didnt say... so it's just accept or nothing... well u might get more later...so queston becomes if u want 5k now...we'll 4k net... or wait for years

I will not get $4k net,you didn't consider the cost of the domain

 

[alcy]

I will not get $4k net,you didn't consider the cost of the domain

well again u didnt specify cost..or some may infer u had it 23yr heheh

 

[jamaltq]

well again u didnt specify cost..or some may infer u had it 23yr heheh

The cost is $1k + 10 renewals.

 

[alcy]

Perhaps the question is not clear here. On Sedo, if you have a buyer offer, and the seller makes the counteroffer, that initial buyer offer is no longer binding. Are you saying that you have not found that to be the case? If so, that would be great for the seller.

I'm talking gd.. and dan..sedo cancels previous offers with each new one

 

[lovely4ever]

Counter $13000 take it or leave it .

.

 

[Daniel Owens]

Hello guys
I have received $5,000 offer at Godaddy for the domain name:
I S L A M Y .com (my ISLAM in Arabic)
The offer will expire today.
The domain is 23 years old, and registered in 17 other extensions.
What do you think guys: to ignore the offer or to push the domain to auction.
Your feedback with thanks.

Push it to auction might be good. You never asked if you should counter if you do and counter like $8,000 he might accept but you do risk losing the deal so 7-day auction might be better if your in no rush to sell and don't mind the week delay.

 

[LoveCatchyDomains]

I have aleardy replied him with a counter offer but he didn't respond.

When did you do the counter-offer?

On Sedo, if you do the counteroffer on the first bid, you can no longer push to auction at that point. Is this different on GoDaddy as well? Can you still push to auction if you are still awaiting the response to the counter-offer?

Either way, I do wish you luck with the sale.

 

[LoveCatchyDomains]

Keep in mind that right now, your domain is parked at DAN, with a message that it is "buy now" for $28,500. With a search for the name on GoDaddy, it is listed for BIN at $38,500. However, there are various extensions listed on that page so someone can buy various permutations of islamy.exten for anywhere from 99 cents to about $45. l

I wonder if it would be more helpful for both to simply point directly to your auction page instead? And, at GoDaddy, wouldn't you prefer to have the very inexpensive alternatives not actively being shown?

Again, good luck with the sale.

 

[LoveCatchyDomains]

Keep us updated. It's very interesting.

And a very catchy domain name. Hope he gets a great price with the auction.

 

[Me83]

I have pushed it to auction considering the following reasons:
- I have purchased the domain in 2014, so I think to hold the domain for more than 9-10 years is not a good idea.
- I have noticed that the domain name al-islam.com sold via Godaddy auction for $45211, so it is worth it to try.
- There are No potential end users to try to do outbound for the domain, only one extension developed which is .app.
Thank you all guys for your feedback, appreciated.

"to hold the domain for more than 9-10 years is not a good idea" - Agree, as 10 years ago there wasn't new gTLD, and nobody couldn't know thet there will be blockchain domains ...
So it's hard to say, even, what will be in next 5years or less

 

[palombo88]

Counteroffer, but it's a great name with Islam +y com

 

[domba]

Ignore it. You easily get five figure

 

[forge]

Have you had previous offers, inquiries?