NamesCon2020

What is the highest offer you've rejected?

Labeled as offers in Domain Selling and Domain Sales started by atinc, Jul 24, 2018.

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  1. Adamsola

    Adamsola Established Member

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    Bro kamal, Are these direct offers or outbounds?
     
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  2. vanvinh

    vanvinh Established Member

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    I rejected the offer 17k for a .IO domain is not related to tech
     
  3. Lee Latner

    Lee Latner Established Member

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    Turned down $1500 for SquadCam Dot com from a small reseller of police car cameras. The negotiations started poorly with the potential buyer telling me he had a TM and it was of no value to me. He didn't have a trademark......and after speaking to me he went and bought all the other extensions including the hyphenated Squad-cam. In my research I found he lost a $75k lawsuit the previous year for buying domains similar to his competitors and forwarding them to his website. I'll admit, he probably would have gotten it for the $1500 if he wasn't such an ass, so I don't regret it a bit. Inclined to renew till I die just so he can't get it.
     
  4. alcy

    alcy Top Member VIP

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    nice! what kind of hold time and roi range woudl it be if you took it? ty
     
  5. vanvinh

    vanvinh Established Member

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    Registration fee + three renewals, the total cost is about 131usd until now.
     
  6. Shaun Lun

    Shaun Lun Established Member

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    $200 for microtech dot io. It’s here at NP only and buyer insisted I transfer the domain first. Anyway I didn’t feel good to let go at that price.
     
    Last edited: Aug 16, 2018
  7. Soofi

    Soofi Top Member PRO VIP ★★★★★★★★★★

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    Turned down $100,000 & $125,000 on 3 number (NNN,com) which I later ended up selling for $150k :)

    Turned down $50,000 offer for 3 letter (LLL.in) which I regretted later on. :(

    Turned down $14,000, $9000, $3500 & several $1000 offer on Pod related 2 keyword domain name. Since Pod Transportation is the future, I have bumped up my buy now price for the domain name to $100,000 :)

    On another note, I have #politelyrejected hundreds of three-four figure offers in my career span of 18 years in the domain name industry!
     
  8. alcy

    alcy Top Member VIP

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    nice stuff Soofi!

    someone should make pool.... for the fun of it.. to find out offers vs sales.. something like so:

    'did u reject more money in offers than u made in actual sales'

    ;]
     
    Last edited: Aug 16, 2018
  9. Soofi

    Soofi Top Member PRO VIP ★★★★★★★★★★

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    I think I have rejected more money in offers than actual sales, but have made tons of money as well selling domain names.

    My experience says that once we receive an offer, we mistake it for a jackpot offer and try to negotiate a higher price, which is not wrong at all and works in some cases, however in most other cases we lose a genuine/interested buyer with NOTHING in the pocket!

    We normally tend to ignore several aspects such as the need of probable buyer... whether probable buyer is aggressive about their online presence? whether probable buyer really needs the domain name or can go with alternate options as well? will the probable buyer actually spend the amount you are asking for, for your domain name? etc etc..

    At the end of the day, we need ROI to keep running this domain name game and every sale matters. So negotiate a wee bit considering all the aspects including namebio sales reports to figure out the avg price, sell and reinvest in better names to reap more profits.

    just my 2 cents about the whole scenario!
     
  10. lambo.com

    lambo.com Brand Finder Gold Account VIP

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  11. Manoj Chawla

    Manoj Chawla Established Member

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    Turned down $1k for (Raremove.com)
    Most recently and don't regret at all.
     
  12. ET76

    ET76 QBrands.co VIP

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    what niche?
     
  13. vanvinh

    vanvinh Established Member

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    I already sold it .
    The niche
    Associations/Resources/Organizations/Finance/Executive Branch/Government/Regulators/United States/ Fraud and Misconduct/ Exchange Commission
     
  14. November

    November Top Member VIP

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    wrong thread, sorry
     
    Last edited: Aug 30, 2018
  15. Arfy

    Arfy Cola.com Gold Account VIP

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    I was offered $10k for Recruitable.com. but turned it down. It's now on BrandBucket for $79,999.
     
  16. Kamaldeen

    Kamaldeen Top Member VIP

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    My second reject on
    Chainpreneur.com
    This time $400
     
  17. weblord

    weblord Top Member VIP ★★★★★★★★★★

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    like in 1999 sikat.ph received an offer of P300,000 that's U.S.$5,602 i thought i could manage it myself but it just expired and came to a close. i always said when i remember this offer, i should have taken the offer.
     
  18. Hardheolar

    Hardheolar Established Member

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    Why do you regret turning down a $300 for a brandable domain.
     
  19. learie

    learie Upgraded Member Gold Account

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    Because I have not gotten anything higher than that since...
     
  20. NameSee

    NameSee NameSee.com

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    $65k

    for madein Qatar in king ...

    not regret ...
     
  21. alcy

    alcy Top Member VIP

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    do made in country domains usually sell for much than 65k?
     
  22. Kamaldeen

    Kamaldeen Top Member VIP

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    Both
     
  23. creataweb

    creataweb Some Guy with Awesome Senior High School Photo VIP ★★★★★★★★★★

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    Reg'd for 4 years so far and page doesn't resolve, I think I'd regret that one.
     
  24. learie

    learie Upgraded Member Gold Account

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    what did you have that was so good?
     
  25. lambo.com

    lambo.com Brand Finder Gold Account VIP

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    coinex.com
    It was later sold to the same buyer for more.
     

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