Selling a Great domain through GoDaddy "Make Offer"? Low-ballers are your friend! (Tip)

[tomcarl]

As mentioned for selling through other auction houses...more bids attract more interest. When selling domains with "Make Offer", a lot of domainers set minimum offer prices at a few hundred dollars or more because that's what they want or they'd like to weed-out the low-ballers.... but low-ballers can actually be your friend.

Let those lowball $20 offers pour in. Once you've got a few under your belt, raise the price of your domains to $500 minimum offer and the offer count still shows the total amount of offers you received. Now serious buyers will see a $500 minimum offer (or whatever price you now set) with (2, 3, 4 etc bids) and will assume those offers that came in were $500 or more, letting them know they need to up their offer-game since there is demand at that price-point.

 

[Haris]

Thanks Tom

 

[PULKIT]

Very Helpful Tip. Thank you so much

I have a Question:

I am selling few Domains on Godaddy but not getting Good Response, is there any other Tip

 

[deez007]

As mentioned for selling through other auction houses...more bids attract more interest. When selling domains with "Make Offer", a lot of domainers set minimum offer prices at a few hundred dollars or more because that's what they want or they'd like to weed-out the low-ballers.... but low-ballers can actually be your friend.

Let those lowball $20 offers pour in. Once you've got a few under your belt, raise the price of your domains to $500 minimum offer and the offer count still shows the total amount of offers you received. Now serious buyers will see a $500 minimum offer (or whatever price you now set) with (2, 3, 4 etc bids) and will assume those offers that came in were $500 or more, letting them know they need to up their offer-game since there is demand at that price-point.

Hhahaha 10 points mate!

Well played!

Thanks for the heads up

 

[tomcarl]

Very Helpful Tip. Thank you so much

I have a Question:

I am selling few Domains on Godaddy but not getting Good Response, is there any other Tip

Could be the quality of your domains or you just need to be more patient, most domains don't sell right away. I've had names sit for over a year until finally getting bids, but I knew they were good names so I had patience.

Just make sure you're not having patience with duds.

Other than that, make sure you have the domains listed everywhere, afternic, sedo, flippa, even eBay.

 

[PULKIT]

Could be the quality of your domains or you just need to be more patient, most domains don't sell right away. I've had names sit for over a year until finally getting bids, but I knew they were good names so I had patience.

Just make sure you're not having patience with duds.

Other than that, make sure you have the domains listed everywhere, afternic, sedo, flippa, even eBay.

Thanks

What according to you are the best Platforms to Sell Domains on and how many Domains you have sold on your Favorite Platform. Please let me know

 

[Haris]

Thanks

What according to you are the best Platforms to Sell Domains on and how many Domains you have sold on your Favorite Platform. Please let me know

Namepros is the best platform imo. I have sold dozens of names here. The sale price might be a little low compared to other platforms but there is zero commission. And there are so many auctions at other platforms that our auctions get lost in the shuffle.

 

[domainkillers]

that's smart, thanks for the tip.

 

[Tank]

I have seen sooooo many names with high min. and several bids.. sure jacks with the noobs of the industry but good point Tom and Thank you..

 

[arslan riaz]

smart tips..