NameSilo

Should domain offers be reported?

Labeled as poll in General Domain Discussion started by Internet.Domains, Mar 12, 2019.

Replies:
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1,339

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Should domain offers be reported?

  1. Yes

    9 vote(s)
    17.0%
  2. No

    44 vote(s)
    83.0%
Total: 53 vote(s)
  1. Internet.Domains

    Internet.Domains Top Member VIP

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    Should domain offers be reported?

    There has been lots of chatter lately with people mentioning offers they have received on their domains.

    Is it proper etiquette to mention an offer with no proof? Also, what could be used to show proof for an offer? After all, isn't it hard to prove an offer is honest, sincere and legitimate?

    Is it misleading to use domain offers to hype a domain?

    Lots to discuss. Please comment.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. alcy

    alcy Top Member VIP

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    well many people here are honest.
    I never question what they write. cause I know they have no reason to lie. cause they know they have no reason to lie also.

    but of course thats not everyone..

    so yes proof is always good thing. can be a screenshot or such... .of offer.. or sale.

    personally I like to see what offers people get... its helpful in many ways.

    and in time, you basically learn to distinguish the fake from real. but for newbies there is no time, so its good to show proof for new domainers so they are not misled or confused... or just plain taken advantage of.. in case of some hypes etc..
     
    Last edited: Mar 12, 2019
  3. CJ6

    CJ6 My favorite movies are too offensive now. Whimps. VIP

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    I voted no. Why? Because I have accepted offers that are never paid for. I know many others have, as well.
     
  4. Internet.Domains

    Internet.Domains Top Member VIP

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    Gotcha!..Isn't an offer hard to prove though? People can back out of an offer easily. They do this on reputable aftermarket sites frequently.

    For that reason, I believe a sale is much easier to prove than an offer. In addition there are other factors such as Whois that can help substantiate a sale. Offers do not have that luxury for proof.
     
  5. alcy

    alcy Top Member VIP

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    but your thread is about offers not sales.
    I thought you were just asking if people shoudl report offers.. regardless of offer becoming sale etc.

    for me it can be 2 seperate things.
    each with its own merit.

    its still interesting and can have value to know:
    (1) what offer a buyer made, even if you counter it or if you reject it
    (2) what offer buyer made.. which you owuld accept.. even if it ends up in non payment.

    at least to me its interesting to know. but to each his own as always
     
    Last edited: Mar 12, 2019
  6. Internet.Domains

    Internet.Domains Top Member VIP

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    Yes, I was asking about offers. More specifically pre-sale offers, with no sale.

    Details of a sale, such as offers recieved can be beneficial. Put another way, offers are only important when accompianed with a sale. (IMO)
     
    Last edited: Mar 12, 2019
  7. offthehandle

    offthehandle . Gold Account VIP

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    Like said before by JB on the other thread, offers are not sales. "Buyers are liars" is an old as the hills salesman's saying goes. I wish I had $1 for everybody that ended the telecon with that said they were placing an order at the end of the week. ha.

    The other point about integrity is one you know quite well as you and I and several others participated the famous shill bid thread. I question even these weekly "Official" sales reports. I haven't seen too much had evidence, we just get published some article.
    As you know. The nonsense, the parked names, the b.s. in this thing is really to me, noisy and bothersome.

    That guy says he has a $45k offer, and I ask why not take it, silence.

    Is the offer for real? I don't know. Could be. It's a popular term with all the bitscam of last year. I'd sell it before the whole thing crashes, but that's me. I have bought stocks before at a low, then ridden stocks up and didn't sell- got greedy and regretted it and fell back to earth. I was into the dot com market heavy. Did that with CSCO in 90's. Dumb. HIndsight is a good teacher. $45k is nothing to sneeze at for a non-com.

    The objective of talking about offers I assume is to:
    1. Validate your personal opinion or "feeling" about the price.
    2. Compare the market with others who are like minded.
    3. Help decide to sell or hold.

    All of the above are reasons to discuss offers. Comps on auction records too, but within a certain time frame.

    But blindly believing without question to some unconfirmed 7 figure sale? I can only hope it's true and when seeing a name parked forever, well....
     
  8. NameLlama

    NameLlama Established Member

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    Not me, sorry
     
  9. Internet.Domains

    Internet.Domains Top Member VIP

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    (y)
    When we meet, I'm buying.:xf.smile:
     
  10. offthehandle

    offthehandle . Gold Account VIP

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    There you are- you magically appeared. That's fine, more power to you if you think you can get much more. I hope you sell it for 6 figures and we see your name in the spotlights of DNJ, really I do. It's a good name.
     
  11. offthehandle

    offthehandle . Gold Account VIP

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    On the same line, rushing to write about and reporting sales then the domain is parked or isn't a website as I have chimed on and on before about, just does nothing for me. It actually makes me suspicious. I was told "That it's good for the industry" when I was responded to as you might know/recall on the other thread. Excuses, excuses.

    I disagree, because a parked domain is a parked domain- who cares? It's not news until the end user pays for it at least, and puts some content on it. And actually, it's really not news until the business is successful- as Rick Schwartz recently said on the recent DNW podcast, "It's about the cash register".

    The news of rebranding ones are great, when someone buys the shortened one word dot com to replace their dot whatever or .net, etc.
     
  12. infosec3

    infosec3 Upgraded Member Gold Account VIP

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    I don’t see any value in knowing about an offer someone received. Here are some of the reasons why:
    • In almost all instances, such claim is unverifiable.
    • In many (and I mean many) cases, the domain in question is not worth the supposed offer.
    • The domainer who received the offer mysteriously and shockingly decides not to take it, even after being told by many that the offer is great.
    • In most cases, the post about the offer lacks details and the domainer sounds evasive in his responses.
     
  13. Ategy.com

    Ategy.com NameCult.com Gold Account VIP

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    There are two very valid sides on this ...

    First of all .. I think it should be obvious that an offer is meaningless until not just finalised, but even then not until the money is in your account (and in the case of paypal payment not until 6 months after the money is in your account .. lol)

    That being said .. *IF* there is extra information that comes with the offer and there actually is something that can be helpful or useful to others, then by all means most certainly reporting offers can be a good thing.

    Particularly if the seller did something tangible that caused the deal to fall apart, sharing such info could indeed help all of us avoid similar failures.

    Also if we see a pattern of similar "offers" that never go through, it could be a sign of fraud (whatever the newest appraisal scam is these days) and reporting a random offer on it's own could indeed be useless, but when combined with other such public offers, could save us from whatever the next scam might be.

    Discussing an offer here at NamePros could also be helpful to newcomers in them balancing the pros and cons of accepting the offer in question (although people should be careful and aware that most areas of NamePros are publicly accessible to the potential buyer or anyone else).

    Also, there is one rather common trait found in many domainers .. and that "self-portfolio love" .. lol ... basically that we sometimes have a tendency to love our domains more than we should, or be overly defensive when people question why you bought them, as well as sometimes over valuate our own domains. In such cases when we get an offer we are on the fence for, maybe posting here could help us when others give us a kick in the butt saying we should take a deal because it's likely going to be the best offer we get for a while. Or obviously maybe the opposite is true as well .. maybe other members might see a reason for attributing more value to the domain and we did ourselves and should not accept the offer in question because it's too low based on the newly shared information.

    As most of you know .. I'm pretty open when it comes to the content of my portfolio .. however at the same time when it comes to actual amounts and offers, while I might hint at things sometimes, I don't like to talk about specific offers and particularly the amounts .. and then when sales are closed I'm pretty open again. But that's just me .. I actually have an current incoming negotiation that has a little twist to it and could be potentially a little stuck on what to do depending on the next number given to me ...

    Often we already know what we need to do, but just need to hear somebody else to say it out loud to be extra sure. Domaining is such an arbitrary and random business .. most of the time there's much more luck involved than logic. Also, a domain could justifiably be worth $10,000 .. but if the buyer is broke and his credit card maximum is $2.5k and you need the money .. then is it really a bad sale if you bought it for $10 and need to pay your rent or mortgage next week? I don't think there's a right or wrong answer to that .. but seeing others discuss and debate might help you find your own answer.


    That being said .. if someone just comes and posts he or she gets tons of offers without any further reason but to brag .. yes .. I can understand how that can most certainly can be annoying. But as already mentioned .. after time you get to see who is full of hot air and who is the real deal.


    Also .. in the end .. how do we really know what "closed" sales are even true? I've reported a handful of my $xxxx sales here at namepros already ... as far as I know, nobody has challenged them .. but at the same time now that I think about it .. I'm not sure if I ever actually provided any tangible proof? lol .. After this discussion I'm not sure if there's even a point to posting the others ones I've completed in the last few months? Heck .. maybe I'm just a figment of your imagination! :cautious:
     
  14. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    While @Ategy.com made excellent arguments on both sides of the question, I decided to stick with my answer of no. I think some offers may be jeopardized by release and offers often don't work out for a variety of reasons. I think it is best to only talk about confirmed sales. Thanks for starting a thread on an important topic.
    Bob

    Ps I believe you and your sales both exist, Ategy! A figment of my imagination would not right as clearly as you do!
     
    Last edited: Mar 12, 2019
  15. karmaco

    karmaco Top Member VIP

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    No way. Offers are abounding. Serious offers that go through are a lot less. Why clutter the forum with boasting about basically nothing? Also it doesn’t benefit the seller or names value to put that info out publicly for Google to find.
     
  16. Ategy.com

    Ategy.com NameCult.com Gold Account VIP

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    Hmmmn .. I think there's a bit of confusion in the meaning of @Internet.Domains original poll ...

    Did you mean to ask:

    1- Should domain offers be allowed to be reported?
    (Meaning should there actually be a rule against it at NamePros)
    or
    2- Is it beneficial as a domainer to report incoming offers or better not to?
    (Meaning you're simply asking if it is beneficial overall to the seller)

    For the first one I can understand people having a personal opinion either way .. but for the 2nd I think it's more more a case by case issue depending on the actual seller and the actual domain and the actual offer.


    Because those are two very different questions and conversations/debates .. and I see them getting mixed up a little here ... and I really don't want to see another thread where people are taking sides and arguing, not realising they aren't even talking about the same thing! lol
     
    Last edited: Mar 12, 2019
  17. Internet.Domains

    Internet.Domains Top Member VIP

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    The poll question was intended with more reference to etiquette than an actual rule. Although, this subject is loaded with different angles, so any direction the thread goes is a good discussion.
     
  18. Ategy.com

    Ategy.com NameCult.com Gold Account VIP

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    Sigh .. you know that being that ambiguous and open ended means that there's going to be blood by page 10 of this thread if it gets that far? lol :dead:

    Anyhow .. I think that at the end of the day it should really depend on the content and the intent. Every post should be allowed as long as:

    1- It isn't hurting anybody else (obviously posting an incoming offer publicly could hurt the seller, but that's their choice as maybe they need advice so much it's worth the risk of the small chance the potential buyer sees the discussion on NamePros)
    *AND*
    2- It serves to inform or educate or benefits the community in some way.


    To me my #2 is why I think there should not be a specific rule against it .. because simply posting about an incoming offer could indeed be helpful or indeed be useless .. it depends on the actual content and context of the information and discussion.

    While at the same time the same #2 should also be a reason why some forms of it should not be allowed as obviously there is room for abuse and people posting false information simply for the sake of self-promotion or whatever else. That being said .. the same could be said for almost any other kind of post in any forum .. I don't think it really needs to be so black and white .. there are valid arguments on both sides depending on the context and situation .. so why make a blanket judgement rather than simply look at the specific contexts of each individual situation?

    (y) *Playing devil's advocate for both sides* (n)
     
    Last edited: Mar 12, 2019
  19. Jay Ha

    Jay Ha Exploring.. Gold Account VIP

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    Got an offer of $21 on one of my names as per Afternic's broker. They offered $21 because of the default make offer value ($20). Didn't want to report it as I might jinx it (lol) but then I saw this post and here I am..

    Yes, I countered with a ridiculous number because, well, that's a ridiculous offer. When they get real I'll get real.

    Btw, that's a true story and it happened today early in the morning.

    Now do you want the forum cluttered with such stories? No. Me neither.

    Edit: LOL I just remembered that I once opened a thread about an offer that I received and it turned ugly..
     
    Last edited: Mar 12, 2019
  20. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    It may do nothing for you but a sale is a sale. A domain investor does not care if the person sits on the name and does nothing just as long as the money clears.

    I sold Six.tv many years ago for $25,000 and it had a $500 premium renewal on top of that. The buyer never did anything with the name and eventually let it drop. The buyer was Xavier Buck from EuroDNS the fact he did nothing with the name did not negate that the sale at the time (2006) was news. Especially for the .tv community.

    Just so long as a sale is properly documented and the more info the better, it's news.

    Offers are easily faked, that's what you do start a make an offer thread on a hand regged name, say you got a $1,500 offer but just looking for more. Now sometimes that's true when the name is liquid or valuable, but there are some that not taking an offer on a reg fee name makes people not trust the poster.
     
  21. MrAcidic

    MrAcidic Account Auto-Closed Gold Account

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    offers do not pay the bills......

    For those who are starting and out and would like guidance on value or those that have no sales experience, then it is a good idea.

    After a while you start to get an idea of pricing (I hope) and unless you want to show off there is no need to say my name got an offer of xxxx - I have done it a couple of times in the past and it now makes me feel a little cringey looking back.

    I suppose if it is a high value name it could be worth sharing if you are not used to high figure sales and want advice from people who do have

    Talk about devils advocate here! I have yet to vote and need to go, will think on it and vote tonight......
     
  22. golan

    golan GolanMedia.com Gold Account VIP

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    Have you really seen this money in your bank account?
    :xf.wink:
     
    Last edited: Mar 12, 2019
  23. frank-germany

    frank-germany domainer since 2001 / musician Gold Account VIP

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    no offer posts
    fake news are all over
    why add new
     
  24. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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    You might as well ask...... How much bullsh*t do you want to shovel.

    Anyone can say they got an offer, most of the time it's BS anyways.
    There is money in the hand or nothing, why would we want to report on a whole bunch of nothing and why on god's green earth would anyone waste time reading something based on hearsay.

    I voted NO
     
  25. mrGobane

    mrGobane New Member

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    Good question without answer :D
     

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