Turned down 2 $10k offers for 2 different domains

Discussion in 'ccTLD Discussion' started by gorilla_bob, Oct 26, 2016.

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  1. gorilla_bob

    gorilla_bob Active Member FreshDrop Staff Pheenix Staff PRO VIP ★★★★★★★★★★

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    Hello,


    In the last 2 months, we have turned down 2 offers for $10k ... each for the following domains:

    rev.tv
    boss.tv

    Are we nuts?

    Bob
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Elad n

    Elad n Active Member VIP

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  3. Pierre Barnard

    Pierre Barnard Active Member VIP

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  4. Jimmy.com

    Jimmy.com Business Member Business Account

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    I think that would have been a fairly decent sale and something I would have probably taken.
    They are both names that you could get 2 or 3 times that for but also might be ages before you even get another enquiry, how many enquiries have you had for the domains?

    The question is could you have taken the $20K now and turned that into even more of the next couple of years against what you may of may not get in time to come on these.

    Still both good domains so I am sure you'll get someone else come along at some stage again.
     
  5. RWD

    RWD Business Member Business Account

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    First off, congrats on the offers. Those are very nice .tv names.

    My opinion is it comes down to this. Do you feel better hanging onto those names or taking the 20k an investing in others...

    Buying 4 - 5k .coms would be more diversity and thus a better position 10 years from now.

    Without knowing the stength of .tv 5-10 years from now, personally I'd feel more comfortable in .com

    But, very nice names nonetheless best of luck in the future. Your not in a bad spot either way.

    RWD
     
  6. sirlordcomic

    sirlordcomic Active Member VIP

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  7. wot

    wot Top Member VIP ★★★★★★★★★★

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  8. Jurgen Wolf

    Jurgen Wolf MyNumber.One VIP

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    Offer not always means that sale will happen...
    I already had such case... $10K was accepted by me - then buyer disappeared...
     
  9. rivey001

    rivey001 Active Member VIP

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    Nice names...

    First you need to be asking the right question: How much are you willing to accept? Or minimum.

    Because the buyers will come back with a little more... Be prepared for 12.5 to 15K

    You don't want to drag it on or waste time so know what you want.
     
  10. donnied79

    donnied79 Active Member VIP

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    Imho it depends on how much do you think you can get from both domains.
    If you believe that you can get much more it's ok to pass, but if you think that (for example) 15K is the very best you can get then I think it's better to accept a sure 10K now. I have regretted not accepting 500$ on a .tv and never regretted to refuse 45K for another one...
    In any case if they were mine I would have accepted the 10K or Rev and not for Boss.
     
  11. DNGear

    DNGear Domainnaut VIP

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  12. nomen

    nomen Active Member VIP

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    Yes until you guys sell them for more. After which you're visionaries.
     
  13. gorilla_bob

    gorilla_bob Active Member FreshDrop Staff Pheenix Staff PRO VIP ★★★★★★★★★★

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    NOTE: Both offers were through brokers representing representing a SELLER.. our opinion is that these are very serious offers.

    In addition, our asking price on them was much much larger. We turned down their $10k offers but could have negotiated higher. FYI, we would not have accepted $20k offers at that time.
     
  14. kemjika11

    kemjika11 Top Member VIP ★★★★★★★★★★

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    You should have taken the money. Now good luck getting that same amount or more for those names.
     
  15. HeyNow

    HeyNow Restricted ★★★★★★★★★★

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    You turned down 10k each for boss.Tuvalu and rev.Tuvalu? Yep, you're nuts.
     
  16. DomainVP

    DomainVP Domain Expert Business Account VIP

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    I don't think you are nuts, but the value comes from your own realistic price point that you set; as you know.

    TV buyers can have large budgets and even larger vision for the namespace. So why take $10k when you can ask for 3x-5x more.

    Whatever happens, good luck to you.
     
  17. golan

    golan Leo.Domains VIP

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    Legally, it's Tuvalu; but in fact, it's TeleVision. So it has its market price.

    Which doesnt mean i dont agree with you that they are nuts ))
     
  18. NameAcquisitions

    NameAcquisitions Name Acquisitions/Sales ICA Member Business Account

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    I don't know. Looked over the comps. Not all that many major .tv sales. I think you are holding out trying to get one of the long long shot huge sales. Don't see it but then I don't speculate in .tv.

    Good luck. You've got nerves of steel to stand strong in face of 20k on those.

    Hope you get your score.
     
  19. kemjika11

    kemjika11 Top Member VIP ★★★★★★★★★★

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    In this game, if you keep waiting for "great" prices you'll stay hungry..
     
  20. Ammudamus

    Ammudamus Top Member VIP ★★★★★★★★★★

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    Personally, diagnose if they are end users. Work with the broker to let him know the higher the price, the more commission he makes. If you find out they are domainers, then I would personally roll with the 10K and take a few victories from an ROI perspective. CASH is KING.

    A
     
  21. Jurgen Wolf

    Jurgen Wolf MyNumber.One VIP

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    Never heard about domainers which pay $10K per .TV
     
  22. Recons.Com

    Recons.Com Business Member Business Account VIP

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    Sell for $20K both and get 4-10 similar quality .tv domains wholesale to sit on.
     
  23. Ammudamus

    Ammudamus Top Member VIP ★★★★★★★★★★

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    They are there. Quite a few in this group have paid $10K or more per .TV.

    A
     
  24. Jurgen Wolf

    Jurgen Wolf MyNumber.One VIP

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    Maybe, per LL.TV, no?
     
  25. platey

    platey Active Member VIP

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    No both domain are worth considerably more

    And the right buyer will pay you whig hours think the are eotth to you
     

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