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offers Should I accept $1250 for 123/commerce dawtcom?

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Haris

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123/commerce dawtcom

Buyer offered $250, I told him it's too low, He said he's in a startup phase, I showed him the previous sale from NameBio, domain was being used by previous owners for web development business.

123/commerce dotcom 2,500 USD 2015-11-24 Uniregistry

After few weeks buyer came with $1250 offer. What should be the asking price for this domain? I can find no other buyers and if I let this buyer go I may have to wait for a long time before another offer. Should I accept or ask for more? Please advise.

Thanks!
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
"Take The Money And Run"
-
Steve Miller
 
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I would say $1750 and its yours, if he rejects it, take the $1250

$250 up to $1250 is a decent jump so he wants the name

If you really need the cash right now, just take the money
 
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I would try to push the buyer at least once and see if he increases the offer. If not, I would accept the offer.
 
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It’s a decent domain, if you are thinking $1250, push for $1500, and take a step back, they will come back.
 
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don't risk the sale for $200 USD

take it and relax
 
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Are you guys forgetting that the domain previously sold for 2.5K? That's a more reasonable sale price for this domain, although I could also see the domain selling for twice that (or more).

lately, I dropped a domain that before was sold for $5K

that doesn't tell you much about future sales
 
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I have not analyzed the past sales in the niche, but my gut feeling would be to agree with the others and say take the money.
 
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It's only a so-so name, I personally don't even find it appealing, Further more, even with a counter of a couple of hundred more, the buyer may stall. If it was a name with reasonably wide appeal I would not hesitate to hold-out for a bit more. But in this instance I would put this one to bed and close it.

Maybe just ask for the buyer to pay any Escrow costs, or split any chargeable commission on the sale, if it wasn't a direct approach
 
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You hinted at an answer to your own question with your comment "I can find no other buyers and if I let this buyer go I may have to wait for a long time before another offer"

Take the $1250. Dont overthink.
 
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People saying take the money and run :banghead::banghead:... No.

This is actually a good name IMO and I don't really like numbers in domains. I'd stay strong at whatever price you think it's worth. Personally I think anywhere from $2K to $5K is perfectly reasonable.
 
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Here is a better question

Would you pay $1250 for the domain? Because if you don't take it then you did just pay $1250 for it due to the fact that right now you have the option of $1250 or the domain, if you choose not to sell then you just bought the domain for $1250 yourself.

That's the logic I use to decide if I should take any offers for my domains.
 
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123/commerce dawtcom

Buyer offered $250, I told him it's too low, He said he's in a startup phase, I showed him the previous sale from NameBio, domain was being used by previous owners for web development business.

123/commerce dotcom 2,500 USD 2015-11-24 Uniregistry

After few weeks buyer came with $1250 offer. What should be the asking price for this domain? I can find no other buyers and if I let this buyer go I may have to wait for a long time before another offer. Should I accept or ask for more? Please advise.

Thanks!

Let me guess.....

For you $1,250 is a lot of money.

For that reason only.... take the deal
 
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I had tons of 123Word dot com names in the past, and not a single sale. With my experience I would probably grab the first offer.
 
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Since they already quoted $1250, its not going below that anyway.
Huh. Can happen. "I was ready to pay 1250 a week ago, but now this and this expenses came, or i consulted with my partner, or whatever. So the max i can pay now is say 600. Take it or leave it". Happened once to me.
 
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I wouldn't even push it, I would take that $1250 offer and RUN!
(y)
glws let us know how it turns out
 
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just pull the I have considered the 1250 and can accept if you cover the fees I will incurr of xxx, I have sent the now total counter of 1xxx for your acceptance. wishing you great success with the venture. .... etc...

A- gets you higher value
B- lets them feel you accepted their offer in a way
 
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Take the money and buy something that has a larger target audience. It is 4L and can sell for more but unless you can find what it abbreviates for you have no leads. You have enough yes votes to make a decision. If you like a gamble you can push but my bet if they won't pay the $2500 they wont budge from $1250. Your negotiation has forced you to discount.

You need to control the negotiation. The real problem is how the numbers are handled. The moment you meet someone half way you show your prepared to drop your pants right away. Ever tried taking only $50 off the price? Counter their $250 with $2450. Tell them you already considered their objections in your pricing model. Every new site is a start up so does everyone get a discount?
 
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Take it and fly. Here is an alternative. That person might be negotiating for someone else. So he may offered 1250 to you, but offered 5000 to the actual buyer. You can say, I'm not sure, but I would certainly take 2000, and create a landing page with 2000 Bin price after one day. Then he goes back to the buyer and say 8000 would be accepted, and then the actual buyer may visit the domain, and see that the actual price is 2000, and buy directly or using a different broker; or the middleman can still buy for 2000 and make profit. That way middleman gap can be closed a little bit. In general if there is an offer, and you prefer higher price you can add BIN price to a make offer listing, and this may create some pressure on broker or buyer. I say all these, but I don't do such things myself, because I never ever receive any offer by email, my emails never receive any response. This means I'm stuck with 1 percent sale rate.
 
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If you want to increase price your reply should be; "you are just around my reserve price, as per your amount increase I guess you are pretty serious in acquiring it so raise your amount a little bit to match my reserve of (xxxx)? So we should finalise the deal. Thanks" otherwise take the money and close it rightaway :)
 
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