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Received offer via Unireg lander, inflated price

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I received a "give price quote" for a domain on a Unireg lander this morning. I googled the email and it's someone who works for a super large MNC (that everyone here would know). The domain was listed as a BIN for a stupidly low price (I guess I got desperate a while ago and lowered it) on Uniregistry, but they didn't look through the marketplace and must have simply inputted it through their browser.

Anyway, I inflated the price quote by a lot (now I'm thinking I could've done even more given the company) and am awaiting a response. I adjusted the BIN on Uniregistry and all the other marketplaces to reflect this new quote. But I'm anticipating them asking why the price is so much more than was listed as the BIN.

Does anyone have experience with this? What can I say if they come back with, "The domain was listed at (this price) at BIN. Why is your quote so much more?" Can I say something like, "This was an old price that didn't get updated in the system..." or something like that?

Furthermore, if it is indeed an acquisition for this MNC, after I've quoted them, I can't go back and inflate the price even more, can I? Lol...
 
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I really doubt they will ask you about an old BIN price. And yes, you can say it was an "old" price. It is absolutely legitimate to re-evaluate the value on your domain based on interest that it receives from buyers. You would sell at BIN if they have hit it. But now you know that the domain is more valuable than you had anticipated and so you adjust the price.

Now that you gave them a new price, the custom is stick to it for at least a week IMO. If you want to raise it further soon, it is reasonable to give them the notice that "the quoted price is valid for a week and then it might be increased further".
 
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I really doubt they will ask you about an old BIN price. And yes, you can say it was an "old" price. It is absolutely legitimate to re-evaluate the value on your domain based on interest that it receives from buyers. You would sell at BIN if they have hit it. But now you know that the domain is more valuable than you had anticipated and so you adjust the price.

Now that you gave them a new price, the custom is stick to it for at least a week IMO. If you want to raise it further soon, it is reasonable to give them the notice that "the quoted price is valid for a week and then it might be increased further".
Great info, thanks!
 
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Anyway, I inflated the price quote by a lot (now I'm thinking I could've done even more given the company)

I can't go back and inflate the price even more, can I? Lol...


inflation..... geez!

Good Luck!


imo...
 
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If I was you I'd keep your original BIN. If I was the buyer I'd walk if all of a sudden I ask to buy at you BIN and you immediately increase. Bait and switch type thing here?

Don't be greedy, close the sale and book your profits.
 
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I think what happened was they were just securing inquiries for domains and weren't serious any way. But very good information to keep in mind. Thanks y'all!
 
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