Roughly What Percent of your Domains Do You Get a Legitimate Offer Each Year

[Planet9]

I'm curious roughly about what percent of your domains do you get a legitimate offer each year. I'm talking offer not sale but they could result in sales too. IE, a domain which you value for $500 or more and someone offers you $25 is not by my definition a legitimate offer. For example, lets say you own 100 domain names, and you've got legitimate bids on 25 different names. That would be 25%. If you got multiple offers for the same domain that would be just counted as one offer for the purpose of this thread.

 

[Joseph Green]

15% are reasonable.

5% are worthy of a sale.

 

[Name Trader]

Every offer is a legitimate offer if it isn't coming from a scammer. I reply to all offers which aren't clearly from scammers. So I'd say 100% of my offers (from non-scammers) are legitimate. I'd say between 10-15% might be from scammers. Of which I convert maybe, less than 5%.

 

[Joseph Green]

I completely agree: respond to all inquiries, even the unreasonable ones. Sometimes they turn into big sales, but it's rare.

stub, the question is what percentage of your domains receive at least one offer that you consider reasonable each year. Receiving a $1k offer on a domain like Gamble.com would not be considered reasonable.

 

[Planet9]

Dudes for the Purpose of this Thread Legitimate Offer is Not a Ridiculous Offer

Sorry not answering my question dudes! For the purpose of this question only a legitimate offer is one that's not an unacceptable figure. For the purpose of a different question you're concept of any offer is legitimate no matter how low is acceptable but not for my question. Thank You

 

[Name Trader]

Reasonableness is a subjective word. What is reasonable to you might not be reasonable to me. But if I were to somehow try to narrow it down and say any offer below $100 is unreasonable (which isn't always true), I'd say I get reasonable offers (over $100) on less than 5% of my domains each year. Some unreasonable offered domains also manage to sell (but not many)

 

[Joseph Green]

a legitimate offer is one that's not an unacceptable figure.

My answer above is reflective of your definition.

 

[SpareDomains]

Not gonna quote a percentage as I'd have to research it and formulate that stat and backlogged with work at the moment.

Will say some domains get legitimate offers every single month and others not so many offers. Some that I feel are killer don't receive the offers I expect and some that I feel are good but not stellar blow my inbox up with offers which kinda shows beauty is in the eye of the end user.

With that said have had domains get zero offers for 2-3 years and then bamn 5-7k sale. So guess it's having faith/patience in your stock and not caving in when you believe the domain is a gem and offers aren't necessarily beating down your door. Sometimes it takes time to align the correct buyer or for them to find you.

 

[alien51]

kinda shows beauty is in the eye of the end user.

Which translates to mean that a domain is worth what a buyer is willing to pay for it. Not the price you are sticking on it.

With that said have had domains get zero offers for 2-3 years and then bamn 5-7k sale. So guess it's having faith/patience in your stock and not caving in when you believe the domain is a gem

As always, it is called hindsight.

 

[ImageAuthors]

Beware of labeling offers as "legitimate" or "not serious"!

Friday morning I was informed that someone had purchased one of my domains for $5,250 on Sedo with a "Buy Now" option.

That same person offered $100 back in May 2012. I responded to that $100 offer, but I ddn't hear back from this guy at all between that $100 opening offer and his decision (nearly 2 years later) to pull the trigger at $5,250.

Too bad I couldn't sell the domain twice! It had recently sold in early December. So he missed his chance.

Many domainers would have classified that $100 as a non-serious offer. And they would have been wrong.

 

[alien51]

Many domainers would have classified that $100 as a non-serious offer. And they would have been wrong.

Unfortunately, many times they were also right.

 

[SpareDomains]

Which translates to mean that a domain is worth what a buyer is willing to pay for it. Not the price you are sticking on it..

Agreed, however I'd change the wording to...

"a domain is worth what the "right" buyer is willing to pay for it"

patience is your friend if the quality of the domain justifies the patience, usually takes a little time to align the "right" buyer and experience to know how to price and when to ring the register or when to stick on your price, rare that a first or second offer will translate into the highest ROI.

Domainer A can shoot a $500 price and instant sale. Domainer B can shoot a $5000 price and still make the sale by having the "right" buyer on the line.

Domainer A can shoot cheap prices make a ton of sales but then be left with inferior inventory because they sold all their gems too cheap . Domainer B can shoot higher prices, less sales but substantial ROI. Domainer C can overprice everything and hear crickets.

Domains are a unique investment as no blue book pricing guide exists as no two domains are exactly the same.