Unstoppable Domains .crypto

The Danger of Countering so High

Labeled as information in General Domain Discussion started by dande, Nov 30, 2019.

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  1. dande

    dande UNNATURE.COM VIP

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    Few months ago, soneone sign-up to NamePros and upgraded his account "Specifically" to make offer on my domain name. He offered $500 for the prime 4L currently on my signature which countered with high $$,$$$. Few minutes later, he replied "It seems that this domain is above my budget, anyway, thanks for your response" then he logged out and never logged in ever again. 🤔

    3 months has gone by, and every efforts I've made to find out who this person was has proved to be in vain.

    How did I know he signed up just for the domain? Because he went straight for my domain few minutes after registering and upgrading to gold account, waited for my reply, when he got the reply, he logged out and never logged in ever again. He never made any post nor did anything else at Namepros.

    I strongly believed this person was a genuine end user buyer who was put off by my high counter offer. Perhaps there could have been a deal if I had countered with low $$,$$$?

    Who have got such experience before? Is it possible to get this persons e-mail? @Mod Team Alfa 😎
     
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  2. MadAboutDomains

    MadAboutDomains Top Member VIP ★★★★★★★★★★

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    A missed opportunity there by the sounds of things. I have countered high many times and lost a deal. But in the same way I have countered low and they accepted and wished I had countered high.

    It's hard to get it right...
     
  3. dande

    dande UNNATURE.COM VIP

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    Yeah, you never can tell which way to get it right. It's like trading Bitcoin. But my biggest pain is that this person signed up to Namepros for this purpose, even upgraded to Gold Account. Meaning he was ready to spend money.
     
    Last edited: Nov 30, 2019
  4. Sutruk

    Sutruk Established Member

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    Send him a DM. He will get an email alert. If he does not respond to you, is just because he is no more interested.
    I doubt the mods give you his email.
     
  5. dande

    dande UNNATURE.COM VIP

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    I've done that 'since then' but no response. And I don't want to be be pushy about it. I hate it when sellers shows desperation. I was just kidding tagging the mod about the email. I know it's impossible to get it through the forum admins.

    He might have used less important email address to sign up though?
     
    Last edited: Nov 30, 2019
  6. dande

    dande UNNATURE.COM VIP

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    Could this person be a domain trader? I don't think a Domainer could do such
     
  7. Sutruk

    Sutruk Established Member

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    Yes this may be the reason.

    Anyway, if he would be really interested in that domain, he would have returned to NP to see if you replied to his message. At least I would have done that.

    But maybe he saw that price too far from his budget, if it was of just xxx for example.
    Yes maybe. If he had in mind to spend just xxx for that domain, then he saw that xx,xxx price and that was too far from his budget.

    Anyway, as I say, if he is really interested, he will come back to NP or will contact you again through the domain landing contact form.
     
    Last edited: Nov 30, 2019
  8. Bannen

    Bannen Don't say Huh? too much; pretend you understand. VIP ★★★★★★★★★★

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    I see two LLLL in your sig today, and either of them would be in the 500 - 1K reseller range, or a little more. So it was likely a reseller and he signed up just hoping to get it for a reseller price, or an end user who wanted it for a personal project, but still had only a reseller budget to spend.

    I expect it's simply that their budget is far too different from your price range, so there was no point in them making further contact with you. On my 'world famous' Bannen's Best available dot-coms list here a few years ago -- ha ha -- I had listed one available domain I liked but didn't reg it myself. Someone else regged it from my list. A few years later I decided I liked it for a small personal project, made a $500 offer to the person here who regged it from my list, and that was a very generous offer for that domain (it was a pretty brandable but nothing special, not even close to premium domain)... and they countered with $30,000. Geez, you can get two half decent LLL for that price... and this was for a hand-regged domain only a few years old. Since there was no way I was getting anywhere near their asking price - or even going over my initial offer - there was no point in talking further.

    So perhaps the potential buyer was willing to come up in price 'a little', maybe they would even double or triple their initial offer. But if they're thinking that their max budget is $1K or even 2K and they were just starting off low... your counter was so way up into extremely high end user territory for either of those LLLL, and so much higher than their budget, there was no longer any point for them to continue contact.

    No worries - you want an extremely optimistic and rich end user price for the domain, the buyer just wanted to pay reseller price, and those two price ranges are so far apart that there's no point in further negotiations. Happens every day :)
     
  9. xynames

    xynames XYNames.com PRO VIP

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    I wouldn’t sell any four letter dot com of mine under a few thousand. Then again mine aren’t random garbled letter dot coms either. I don’t sell my four letters too often but when I do it is typically in the mid to high four figures. Some of mine I wouldn’t sell for under low to mid five figures.

    As far as chasing a potential buyer who chose to disappear on you - generally a waste of time.
     
    Last edited: Nov 30, 2019
  10. dande

    dande UNNATURE.COM VIP

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    That May be exactly what happened. Maybe their budget is something around $3k $5k and I countered with $75k. So they simply got afraid of trying to negotiate further 🤣

    I was thinking if I had countered with $25k, perhaps they'd have been a deal.
     
  11. dande

    dande UNNATURE.COM VIP

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    As a matter of fact I hate chasing a buyer who have lost interest. It's the easiest way to further cheapen your domain. But in this case, I just wanted an opportunity to maybe bring down the price a little bit.

    There are few domainers who are not part of this forum. That makes it difficult to believe this person is a Domainer. And he logged out and never logged in again.
     
  12. lock

    lock PremiumNameDomain.com VIP

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    Who cares about low baller they only set the account up to do it. Going to happen over and over.
     
  13. dande

    dande UNNATURE.COM VIP

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    Do you think a low baller could register a new account and upgrad to Gold Account just to low ball on just one domain?

    That's what's making me think twice about the offer. It has all the looks of an end user.
     
  14. SuperBrander

    SuperBrander Top Member VIP

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    IMO This guy would have paid a few thousand max. You have to be realistic with pricing. The two LLLL domains you have in your signature can only realistically sell for mid to high $X,XXX max based on the amount of results in search engines, search volume, existing acronyms etc. Rich end users don't tend to drop out of the sky. They usually arrive to domains that have significance to more than them alone. Some domains can theoretically fetch a high sum because based on the stats there's a chance for a jackpot. These two very likely don't qualify. But don't kick yourself over it. Domaining is all about learning from mistakes and trying out different things. Plus, sometimes despite everything I said, crazy things happen. So either way... you'll make up for this sale elsewhere.
     
    Last edited: Dec 2, 2019
  15. winst

    winst Established Member ★★★★★★★★★★

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    Don't lose sleep over it. If the buyer was an end user, $$$$ would not matter and likely wanted to negotiate. But if someone is determined to hide behind a new account, then the person is looking for a bargain.

    You should have a price that you are willing to sell, and just walk away if the offer is not high enough.
     

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