domain Take Offer Or No???

[SpareDomains]

I just put a few domains 4 up on ebay including these 2...

ADDMY.com
ADULTCYBER.com

Within seconds of posting them it seems I received an offer on them. The auction is for 10 days though. Do I let it ride the 10 days or accept his first offer of $200 for the pair. Could be someone in here not sure. Advice fellas? What would you do? My first reaction would be to deny it as I feel addmy.com is a very strong name that someday will bring the dough, adult cyber I could give or take. Any opinions please.

 

[Archangel]

<rant>
It is so sad that not a single comment has been made about the ethics of selling 'on the side' and canceling the auction.

I have received many of those 'if you cancel the auction i will pay $$$'. My reply is always that this is a public auction, feel free to place your bid there.

First, I think that you will find that selling 'on the side' is a violation of the Ebay terms. Second, you are not honoring a contract with a third party to use their services. Third, it is plain unethical.

Woops, I am so sorry that I forgot ethics has no place in todays world!!
</rant>

I'd hate to say this but when money is involved, ethics and business are seldom uttered the same sentence. It sucks but the way a lotta ppl see it, if there's money to make, make it.

eBay is an odd place for domains (or well, just about anything). It'd kill me to see you sell for a paltry $200. I've seen ppl buy worthless things like zdrtherzg.com (just an example-not a real sale) sell for at least maybe $200-500. I'd be smart and hold. If the domains don't sell, just ask the bidder if he would pay $200 for them. If he says yes, otherwise put them in an eBay store or put them on auction once again with a Buy it Now of $200. Other than the 30-or-so-cent listing fee, what's to lose?

 

[Ben42]

I wouldn't sell. Whenever I got offers for something on eBay my final price was always well above what these side offers were.

Also, letting the auction run its course provides additional security with the feedback system in case the buyer decides to back out.

You already paid for the auction...let it run it's magic.

 

[NameClerk]

If you do decide to take the offer, you could always cancel the current auction and create a new auction with a Buy it Now price of $200. This would help protect you from fraud by keeping the transaction within the Ebay system.

Perhaps the buyer would be willing to pay $210 to help offset some of the Ebay fees.

I would only suggest this if you were confident the buyer was committed to making the purchase.

If your current auction ends and doesn't reach $200, I'd be willing to bet the offer for $200 will be taken off the table.

 

[RogueWriter]

You want to talk about ethics in business, join eBay's affiliate program and try to figure out if they are sending you the proper commission.

 

[Archangel]

If you do decide to take the offer, you could always cancel the current auction and create a new auction with a Buy it Now price of $200. This would help protect you from fraud by keeping the transaction within the Ebay system.

Thanks for restating what I said earlier. How original.

You want to talk about ethics in business, join eBay's affiliate program and try to figure out if they are sending you the proper commission.

Good point. I've given them thousands of visitors and made less than, say, $5.50 total, counting back a few years.

 

[trishan]

sell IMHO. $200 is nice.

 

[Andrei801]

I'm surprised no one suggested a counter offer! I'd say in 85% of cases where I have received an "offer" for a domain name, I counter offer 125%-200% of the offer (or more if initial offer is rediculous).

I would counter offer: $275 in an escrow account (or paypal) shuts the auction down immediatly - done deal. Let hime come back with $225-$250 and smile on your way to the bank.

If he doesn't come back with a counter offer you ride out the auction.

 

[Sabre]

I was going to suggest exactly what Andrei801 said, but he piped me to the post!

$200 is a nice offer IMO, but domains like that, ive seen sell for in the high hundreds on ebay.....

Raise the price to $275 and see were it goes from there!

 

[GhostWriter]

ebay is the new aol plain and simple. or walmart for that matter. happens to the best of them, hopefully to one of us one day :>

 

[harkster]

I'd hate to say this but when money is involved, ethics and business are seldom uttered the same sentence. It sucks but the way a lotta ppl see it, if there's money to make, make it.

<anotherrant>
How true & may be part of why I will never be 'rich' (in dollars).
I have bought, sold and collected Art/Studio pottery for 30+ years. Ethics and honor have always been my way of doing business. I have never sold an undamaged pot without a 100% unconditional return option.

Many years were spent developing my reputation. Because of this I have placed 5 figure items in private collections with a phone call.

There is one particular collector who always pays me a minimum 20% finders fee when I locate a piece for his collection. He always sends me the $$ in advance which saves me tying my $$ up.

In this small world everyone knows that a spoken agreement with me is just as good as a written contract.

Have I been taken a few times? Hell yes but the other side more than makes up for it.
</anotherrant>

 

[floatingworld]

Addmy does not mean anything. Adultcyber could be site developed and then resold, but unless you are going to put the resources into this, take the money. As for ebay ethics you should do the right thing and either sell or withdraw, but no side deals.

 

[SpareDomains]

Addmy does not mean anything. Adultcyber could be site developed and then resold, but unless you are going to put the resources into this, take the money. As for ebay ethics you should do the right thing and either sell or withdraw, but no side deals.

Well it seems 80% or more of you do not like the name that much. I kinda like it and feel it makes total sense when combined with the .com = add my .com, what I think this name would be good for is a site like addme.com a search engine submittal company or something of the sort. I did close this auction on the first day of bidding, not to do any side deals or anything but just to think about it and the possible development that could be done with it. Yesterday a guy that I have sold a few other domains too said he really likes this name and said he want's to buy it from me. I told him at the moment it is not for sale as I am thinking of value or development for it. He pretty much hinted that $500 was not out of reach for it from him. I know I should probably sell it to him, but I will be holding a little longer on it. Thanks for all the opinions on it guys.

 

[harkster]

Good Move. :imho: