NameSilo

Whats the most you have countered an offer with ?

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gazzip

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I guess everyone has had lots of $100 offers for their names but what is the most you have ever countered with ?

What was the initial offer ?

What is your biggest counter offer you've ever made ?

Did you manage to negotiate a sale anywhere near your asking price ?

Did the sale go through ?


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initial offer $700 1 counter at $1300= sold

initial offer $750 1 counter at $1000= sold

last 2 of mine where counter offers came into place, have sold more domains after those but I actually knew the buyer so no negotiations were needed, the 2 above were from a exchange where the buyer was hidden so I had no clue on who they were.
 
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Once I received a 300 offer on sedo for a three letter .com name. I countered with 60,000. No sale.
 
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Of course the person who countered the $700 and $750 offers sold them for $1,000 and $1,300.

You gave those names away. That's crazy. Have you ever made an initial offer for a name that you wouldn't at least triple? There is way too much money being left on the table by most people. How can you do this to yourselves?
 
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BigCharlie said:
Of course the person who countered the $700 and $750 offers sold them for $1,000 and $1,300.

You gave those names away. That's crazy. Have you ever made an initial offer for a name that you wouldn't at least triple? There is way too much money being left on the table by most people. How can you do this to yourselves?


considering no domain names were mentioned on my part, that is a pretty bold assumption on your end that I could have gotten 3x or more for them as the initial offers on them weren't too bad to begin with for the quality of what they were, I have countered offers anywhere from 10% to 500% or more depending on the initial offer made, those were just my last 2 that were countered and considering they were not so great names that were both $8 registrations I was happy with a $2284 mark up on them, so yes I have countered for more but these were the 2 most recent ones that completed so I just posted those, after a review of all 20 of your posts it seems that your only goal here is to post short negative comments to everyone, maybe this makes you feel better about yourself or makes you believe that you are the domain god in your world, which may possibly have some truth to it, but your tone won't make any friends in the process, it's easy to post negative comments, why don't you try intelligent helpful advice to people and not base your opinions on uninformed assumptions. Did you post examples of your counter offers to help the original poster of this thread? No you just made a negative comment on my post which doesn't help the original poster at all and takes the thread off topic. Thanks for your opinion. :)
 
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Initial offer = $200 - My counter offer = $750
They came back with $500 and I said $600 was my lowest and sold the domain...
 
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it is quite possible that a $100 offer is a good offer for a domain and should be accepted.
any counter offer value should have some regard to the perceived value of the domain before a counter is made and how long the name has been on the slab. both jay and linker have provided good examples of considered negotiations, subject of course, to me not knowing the names.
 
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yoshiwara said:
it is quite possible that a $100 offer is a good offer for a domain and should be accepted.
any counter offer value should have some regard to the perceived value of the domain before a counter is made and how long the name has been on the slab. both jay and linker have provided good examples of considered negotiations, subject of course, to me not knowing the names.

exactly, you need to have a value placed on each of your domain names which may contain your own personal opinion as to what the domain name is worth to you or recent industry sales to compare it up against as well, I do agree that yes the best money could be made in holding out for the top dollar offer, but there are no guarantees that rejecting an offer or countering at 5x the offer will complete the sale or ever bring another offer or it may take years to find that top dollar offer, obviously if it is a premium domain no problem offers will continue to roll in and sit on it till your happy, but when you have a portfolio of hundreds or thousands of domain names you pick your premiums to sit on and the rest could fall under the following questions...

1)how much did you pay for it?
2)how long have you had it?
3)how many offers have I received on it?
4)what value do you place on it?
5)do you have any possible developement ideas for it?
6)do I consider this offer reasonable?
7)if I wake up after this sale and find out a major company has built their site on this domain will I be mad at myself for accepting this offer?
8)does this name make me any money in parking revenue?
9)could I use the money from this sale to renew some of my more premium domains and reinvest into some new domains.
10)have I used all of my resources to try to sell this domain name, sedo, afternic, end user emails, end user forums, etc...
11)how many end users have a use for this domain name?

In the end it is all the domainers choice on how they operate, some are happy with selling bulk domains with small profit on each, where others sell less domains but wait on the top end offers, no clear cut answer for every situation, depends on domainers portfolio, business plan, budget and that gut feeling you get as well. I do think that almost all offer's should be countered, to what degree is the domainer's decision and depends on the initial offer that was made. If you are wealthy you can afford to sit on them all, if not group your premiums and ask some of the questions above on your less premium domain names.
 
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Excellent points Jay, very well put ;) It's an area where I have alot to learn and this kind of feedback is very useful, thanks.

I would give you rep for that great post if I could !!

"We're glad that you're fond of this member, but please give some rep points to some other members before giving it to Jay again"

I guess I must have done already recently ?? :-/


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Jay said:
exactly, you need to have a value placed on each of your domain names which may contain your own personal opinion as to what the domain name is worth to you or recent industry sales to compare it up against as well, I do agree that yes the best money could be made in holding out for the top dollar offer, but there are no guarantees that rejecting an offer or countering at 5x the offer will complete the sale or ever bring another offer or it may take years to find that top dollar offer, obviously if it is a premium domain no problem offers will continue to roll in and sit on it till your happy, but when you have a portfolio of hundreds or thousands of domain names you pick your premiums to sit on and the rest could fall under the following questions...

1)how much did you pay for it?
2)how long have you had it?
3)how many offers have I received on it?
4)what value do you place on it?
5)do you have any possible developement ideas for it?
6)do I consider this offer reasonable?
7)if I wake up after this sale and find out a major company has built their site on this domain will I be mad at myself for accepting this offer?
8)does this name make me any money in parking revenue?
9)could I use the money from this sale to renew some of my more premium domains and reinvest into some new domains.
10)have I used all of my resources to try to sell this domain name, sedo, afternic, end user emails, end user forums, etc...
11)how many end users have a use for this domain name?

In the end it is all the domainers choice on how they operate, some are happy with selling bulk domains with small profit on each, where others sell less domains but wait on the top end offers, no clear cut answer for every situation, depends on domainers portfolio, business plan, budget and that gut feeling you get as well. I do think that almost all offer's should be countered, to what degree is the domainer's decision and depends on the initial offer that was made. If you are wealthy you can afford to sit on them all, if not group your premiums and ask some of the questions above on your less premium domain names.

Ohhh excellent points, thank you for these - Reps added :)
 
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I don't understand how what you paid for a name is relevant. I guess i see it like this if i paid 8 dollars for google.com it is still worth tons if i paid 10000 dollars for H-y-p-h-e-n-a-t-e-d-c-r-a-p.com its still a bad domain just because i was ignorant and overpaid has nothing to do with the value. I see this in real estate all the time people think because they paid so much for there house it should automatically be worth more but thats not always the case. Bad investments are made everyday.
 
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Amount paid important

realestatewiz said:
I don't understand how what you paid for a name is relevant. I guess i see it like this if i paid 8 dollars for google.com it is still worth tons if i paid 10000 dollars for H-y-p-h-e-n-a-t-e-d-c-r-a-p.com its still a bad domain just because i was ignorant and overpaid has nothing to do with the value. I see this in real estate all the time people think because they paid so much for there house it should automatically be worth more but thats not always the case. Bad investments are made everyday.

I don't think that people were assuming the amount paid really sets the price. In most cases what people paid for similar domains name would set a more accurate price thats why domainers are always looking for other sales figures. I think lots of people look at their domaining business as an overall basket of goods kind of way. If you paid reg fee for some name and you get offered $XXX you're up a good amount of money that you could than reinvest in some other names. The assumption being that the $XXX offer is the best you've received after trying to market the name. Therefore you're likely up financial and your portfolio has increased.
 
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