Namers

advice Want to get contact information for the owners of CoolBeans.com and/or KoolBeanz.com

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Jim Mulgrew

New Member
Impact
0
Hi everyone -

Sorry to be the village idiot here with so many experts but I am somewhat new to this. I see a lot of folks complain about getting "spam" emails from companies like godaddy.com telling them "someone is interested in purchasing your domain" and they never respond to those phishing emails. GoDaddy offers a "white glove" service for $100 where they will contact the owner for me but I have no proof that they did and the more money the domain sells for, the more money they make in the end so it is clear whose vested interest they have at heart but that's businesses. I have a personal interest in acquiring one of these two domain names for my daughter, not looking to make money off them, otherwise I could justify some of the prices out there. I just want to be able to send a letter to the owner of the domain name, explain my situation and make and offer, and if they never reply or just say no thanks, then I have tried. Just want to take the middleman out of the loop, I can't tell if they are reaching out or not. Heck, I'd pay a fee if someone gave me the owners name and mailing address so I could send a letter, that is all I want to do. Anyways, thanks for putting up with the blabbering. You all have a great holiday, whatever it is you celebrate.

- Jim
 

Lox

_____
Impact
7,350
Hi everyone -

Sorry to be the village idiot here with so many experts but I am somewhat new to this. I see a lot of folks complain about getting "spam" emails from companies like godaddy.com telling them "someone is interested in purchasing your domain" and they never respond to those phishing emails. GoDaddy offers a "white glove" service for $100 where they will contact the owner for me but I have no proof that they did and the more money the domain sells for, the more money they make in the end so it is clear whose vested interest they have at heart but that's businesses. I have a personal interest in acquiring one of these two domain names for my daughter, not looking to make money off them, otherwise I could justify some of the prices out there. I just want to be able to send a letter to the owner of the domain name, explain my situation and make and offer, and if they never reply or just say no thanks, then I have tried. Just want to take the middleman out of the loop, I can't tell if they are reaching out or not. Heck, I'd pay a fee if someone gave me the owners name and mailing address so I could send a letter, that is all I want to do. Anyways, thanks for putting up with the blabbering. You all have a great holiday, whatever it is you celebrate.

- Jim

Screen Shot 2021-12-06 at 20.38.10.png


Regards
 
Last edited:

EJS

DomainInvesting.com
DomainInvesting.com
Impact
753
Hi everyone -

Sorry to be the village idiot here with so many experts but I am somewhat new to this. I see a lot of folks complain about getting "spam" emails from companies like godaddy.com telling them "someone is interested in purchasing your domain" and they never respond to those phishing emails. GoDaddy offers a "white glove" service for $100 where they will contact the owner for me but I have no proof that they did and the more money the domain sells for, the more money they make in the end so it is clear whose vested interest they have at heart but that's businesses. I have a personal interest in acquiring one of these two domain names for my daughter, not looking to make money off them, otherwise I could justify some of the prices out there. I just want to be able to send a letter to the owner of the domain name, explain my situation and make and offer, and if they never reply or just say no thanks, then I have tried. Just want to take the middleman out of the loop, I can't tell if they are reaching out or not. Heck, I'd pay a fee if someone gave me the owners name and mailing address so I could send a letter, that is all I want to do. Anyways, thanks for putting up with the blabbering. You all have a great holiday, whatever it is you celebrate.

- Jim
If you paid the GoDaddy Domain Brokerage Service (DBS) fee to contact the owner, I would shocked if they did not make efforts to contact the registrants on your behalf or return the fee. GoDaddy DBS will contact the registrant to try and get a price, but if the offer you gave them to present on your behalf is too low, many owners won't reply. Even if your offer is reasonable, some owners don't have any interest in selling their domain name.

In my opinion, those two names are likely worth 5 figures because they have become common vernacular. In fact, there are quite a few trademarks and brands for those two phrases. If I owned those domain names, I would definitely price them well into the five figures. If someone - GoDaddy broker or individual person - contacted me with a lowball offer, I probably wouldn't reply.

You have to understand that domain investors receive emails from people all the time claiming to want a domain name for their child, school project, non profit organization, or something else that would render them unable to pay market value. Domain investors tend to ignore those types of emails. I typically mark them as spam since the person is trying to buy a valuable asset for less than the market will yield.

Put this another way. Let's say you bought a piece of land overlooking a lake that is popular in the Summer. 20 years later, people keep offering you money to get you to sell your undeveloped property. If you decide you are going to sell your land, are you going to take the $500,000 offer from the person who wants to build their dream home on it or accept $10,000 from the person who wants to build a dock on it so he and his family can easily drop in their kayaks?

Again, this assumes you have a budget that is less than what the market would yield for these two assets.
 

jberryhill

Top Member
John Berryhill, Ph.d., Esq.
Impact
5,324
I have a personal interest in acquiring one of these two domain names for my daughter, not looking to make money off them

Yeah, and I'd like ten acres of prime farmland to grow vegetables and give them to the poor to eat. But nobody is going to give me the land either.

The koolbeanz.com name literally resolves to a page allowing you to contact the owner to make a purchase offer.

The other name has a ton of information from which you can easily deduce that it is owned by a Matt Kelly who, among other things, has an easily-findable Instagram account. Aside from which the Tucows whois provides an email address which will forward to the domain owner.

Neither of them is going to give you a valuable domain name for free or cheap.

These kinds of "it's for my kid", "it's for a school project", "it's for a charity" types of stories that people use in the false belief that anyone is going to care why you want the domain name are so common that they are the something of a joke in the domain industry.

Jim, have a look at this article:

https://domaininvesting.com/non-profit-domain-buyers/

There are dozens of domain buying advice articles out there that suggest telling a domain registrant the domain name will be used for a school project or non-profit project. The thinking, I guess, is that it will signal to the registrant that there isn’t a whole lot of money behind the inquiry, and perhaps the registrant will give a lower price or allow the buyer to secure the domain name for less money than if it was going to be used for a business.
 
Impact
207
If you paid the GoDaddy Domain Brokerage Service (DBS) fee to contact the owner, I would shocked if they did not make efforts to contact the registrants on your behalf or return the fee. GoDaddy DBS will contact the registrant to try and get a price, but if the offer you gave them to present on your behalf is too low, many owners won't reply. Even if your offer is reasonable, some owners don't have any interest in selling their domain name.
I always had this question, do I have to pay for brokerage service even if they can't get a price or response from the registrant?
 

Joe Styler

Aftermarket Product Manager
GoDaddy Staff
Afternic Staff
Impact
4,697
Good question for @Joe Styler.
Most of the time you do have to pay. There are times we will refund you if we feel like we really couldnt do anything to help. But those are rare. We will in almost all cases get an offer in front of the owner of the domain successfully but we cannot make them reply or of course accept an offer. We do work to get the offers in front of people and that's what is covered in the initial fee.
You also have access to the broker working your claim. You can call in and talk with them or email them. They will be more than happy to discuss what they think is the best way to get the domain name with you. If you want a name like coolbeans.com and are only willing to spend $1k we will tell you we dont think that is going to get a deal done and advise you about the right budget as well as help find alternative domains in your budget if you only have $1k to spend. We can even comp you a different claim for another name if you cannot get the first name you wanted for your business with us.
The initial fee is going to get you a broker who in many cases has been brokering domains for over a decade as a buyer broker with a team of other experts to help them out. You have access to their expertise, anonymity when approaching another party to buy their domain, our brand recognition to open the conversation with domain owners, vs an email from an unknown entity. There's so many benefits to using the service. I know I am biased but you are getting experts to help you at a really cheap price. If I wanted to have a plumber or electrician show up at my house it is going to cost me more than this for their expertise. It is not apples to apples of course but you have people who have been doing this for a decade, who receive ongoing training, and are trustworthy.
 
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