Telepathy...really?

[Keith]

I'm sorry but not a chance I'll ever pay $19 in order to negotiate on a domain. This is a clear money grab. You get bombarded with emails? Set up an automated system to field offers and go from there. This is the kind of shit that gives the domain industry a black eye!

 

[Keith]

Keith, Nat seeks a particular buyer, that involves risk, patience and the need to weed out anyone who would not likely be willing to truly pay for what they want. You saved $19, he saved time and you should both be glad.

Did he save time or lose $20k-$30k over a $19 fleece?

 

[imeta]

It seams they really know how to avoid low-ball offers lol

 

[bill786]

I'd have done the same if I were them. Great business sense and passive revenue stream to monetise their premium portfolio

 

[Keith]

Surprisingly, this is not the first time a potential buyer advises a seller that he should accept the offer. Your unbiased advice is appreciated, but I think Nat does a pretty good job of extracting value from his portfolio.

I still haven't received a PM from you with the domain and offer amount so I can pass it along to Nat for you... here's your chance to have your offer heard and not have to fork over any money. Or you can email me at msumner@telep_thy.com (replace "_" with "a" obviously) if you prefer.

A. I haven't advised anyone to accept an offer.
B. Thanks for saying you'll pass along my inquiry but someone offered days ago. I don't negotiate via third parties.

 

[Keith]

So when you said "take the money and run" you didn't mean to take an offer, you meant to steal the money?


In case you couldn't tell from my @telepathy.com email address, and that I said I work for Nat at Telepathy, I'm not a third party.

At this point it is clear that you don't have a serious offer and you're just blustering and wasting time. It was clear when you made this thread. And it was clear when you weren't confident enough in your offer to pay $19 to make it happen to begin with. The system worked again.

Best of luck to you in your domain search.

Of course he can't accept my offer because it has been presented. My point was that some people have lofty expectations and in turn will reject reasonable offers, never getting what they think the domain is worth.

5 figures is a serious offer and nobody is wasting time. Not paying a $19 fee has zero to do with confidence, it has everything to do with feeling ripped off. Over many years, thousands of inquiries and purchases, I've never been asked to pay to present an offer. In the case we're discussing now the $19 model failed. Lucky for me telepathy only owns 10k out of hundreds of millions of domains so it's easy to go elsewhere.

 

[dordomai]

the value of their LLL:com portfolio might be 50 million, 100 million or more. They simply don't need to deal with lowball offers.

Their time is worth something and $19 is not much. So nearly anyone who is serious about buying a domain can afford contacting them.

I think $19 is still very approachable.

If they ask for a minimum offer price spammers will offer $1000 for an LLL.com being worth at least $30.000.

If they ask for a 100k minimum on an offer page TM holders can use that against them claiming that they are trying to sell their TM for a lot of money.

 

[RU]

 

[WilsonM]

This is a filter I think to qualify serious buyers.

 

[Recons.Com]

Actually, they should work on AI enabled telepathic interface, where a client goes to a page and Telepathy can read their mind and respond to the offer even before it is typed in.

 

[domainer111]

Such a great move by Telepathy.

As an industry, we need to be taken seriously. The narrative out there that's dominating is that we are all scum bag squatters. This is inside the box thinking.

We need to get them outside the box!

This helps us to be taken seriously.

 

[Keith]

Such a great move by Telepathy.

As an industry, we need to be taken seriously. The narrative out there that's dominating is that we are all scum bag squatters. This is inside the box thinking.

We need to get them outside the box!

This helps us to be taken seriously.

I stand by the fact that I’ll never pay a cent to make an offer on something that someone is trying to sell.

 

[Larion]

the whole thing is not about the $19 , but about getting your identity.
Once you pay the $19 via a bank-account, they know who you are.
That is the only reason why they are charging the $19.

It is actually a good idea for a domain-broker, so they already know who the buyer is and therefore can adjust the domain-price accordingly.

 

[Keith]

the whole thing is not about the $19 , but about getting your identity.
Once you pay the $19 via a bank-account, they know who you are.
That is the only reason why they are charging a few bucks.

It is actually a good idea for a domain-broker, so they already know who the buyer is and therefore can adjust the domain-price accordingly.

You can get information for free. It’s simple to ask for an email in order for potential buyers to submit offers. Asking for money is a different story.

 

[Larion]

You can get information for free. It’s simple to ask for an email in order for potential buyers to submit offers. Asking for money is a different story.

"E-mails" very often do not represent the real identity of the bidder.
It is a bit harder to fake a bank-account...

 

[wot]

The site can't check who owns the domain being inquired on in the post GDPR world. In the incredibly rare instance that someone makes an offer on a domain that isn't Nat's he'll try to make sure your offer gets heard, or just refund the payment. It isn't his intention to be a service like DomainAgents, it's just an unfortunate byproduct of not being able to easily check if the offer is on his domain or not.

Some domains might not be for sale because they are being used for something, are on a payment plan, or something like that. It's pretty rare though.

The rest is CYA language for the rare occasions when someone files a PayPal dispute just because they couldn't agree on price. Haven't lost a dispute yet despite PayPal generally siding with buyers.

It isn't Nat's intention to take your money for nothing, just to stop the deluge of lowball and spam offers. You're a domainer so you should be able to confirm before submitting an offer that Nat owns the domain, and as long as he owns it you're 100% guaranteed to get a response. I imagine you can probably figure out if it is for sale or otherwise encumbered too. And you must know Nat's reputation. So I'm not sure what you're really worried about other than spending $19 and not agreeing on price. But that's the point of the whole system in the first place... to make people think twice before inquiring, not to earn $19.

I've been working for Nat going on 11 years now. If you want me to be the filter instead of the $19, feel free to PM me the domain, your offer, and your email address and I'll get it in front of Nat as long as it is a reasonable retail offer. If I decline to pass it along you can always pay the $19 and get the offer through to him anyway, so it can't hurt to give it a try this way first.

But unless you're representing an end user or are an end user for the domain yourself, there's almost no chance you're going to work out a deal. I don't recall ever seeing Nat sell wholesale.

I do but is was some 13-14 years ago,maybe longer. Usually via a now almost defunct forum.