Why Choose Make Offer?

[DaveX]

I really don't understand why people use the make offer option without giving a range.

Then when you send an offer they just decline and don't counter. Seems like a real waste of time.

Also, as both a buyer and seller I don't feel people respond as well to make offer listings here on np.

Am I missing something?

 

[biggie]

So what is reasonable?

You hand register a domain name or acquire it bellow $100 (backorder, dropcatch) and you dream of few thousands dollars, is it reasonable?

it's reasonable, depending on the actual domain name, how long ago you registered or caught it from backorder or bought it from someone else, or how much it earned since you owned it or how many other offers you received that were equal to or much higher than, your offer, etc, etc

Let's say you see 3 CVCV .com up for auction. One has price of $900 (*a*o), one has price of $1300 (*e*i), and the third is make offer (*u*o). You decide to try to get a price on the make offer one, so you send an offer of $1000. Is that a lowball offer? I think that's a reasonable offer.

maybe you should have bought the other (*a*o) that was $900, then you would have $100 left to lowball somebody else.

and....
even if you offered $1k for my name that has an (*u*o), the offer you considered reasonable was not what I considered to be reasonable, given any of the same scenarios i mentioned above.
and the fact that your offer wasn't any higher than what others were offering.

and...if you are submitting offers, just to get a price, then how serious can you be taken?
or do you really want to be taken seriously, when submitting that amount?

maybe you expected or anticipated a counter offer, instead of a "no thanks".

but if you wanted to negotiate, then you should have offered more
because until you do that, there is nothing to discuss.

each domain owner is different, as each name is different, therefore the same approach and the same offer won't work on every seller, for the same category of domain names.

and again, that too is irrespective of any appraisal bot or "current reseller minimum floor market pricing".

there are others though, that have made offers worthy of consideration and i have accepted a couple.
so deals can be done!

imo....

 

[DaveX]

maybe you should have bought the other (*a*o) that was $900, then you would have $100 left to lowball somebody else.

Funny

and the fact that your offer wasn't any higher than what others were offering.

What does that tell you?

maybe you expected or anticipated a counter offer, instead of a "no thanks".

A no thanks would have been better than "Why you lowballin me?"

each domain owner is different

Really? No kidding.

there are others though, that have made offers worthy of consideration and i have accepted a couple.

Good for you. Best of luck domaining.

 

[Saadullah]

1. Buyer offer is too low ball, seller figures not worth the time to continue.
or
2. Seller does not know how to sell names.

That's all folks...

I agree to these points.

 

[Pattern]

• Don’t tell them that you are considering other domain names to buy and that the owner must get back to you quickly on your offer (this is a poor negotiating tactic).

I disagree with this point, because most buyers consider other alternatives, and rightfully so.

 

[DaveX]

I disagree with this point, because most buyers consider other alternatives, and rightfully so.

I too generally disagree with that point.

Setting a time limit on an offer helps buyer retain a level control.

Options comparison helps validate offer amount of buyer.

Both are good negotiating points for a buyer, generally.

 

[buywebsites.biz]

That's another problem. The old.."I've had offers over $xxxxxxxxxxx. I'm like..."Why didn't you sell it then?".

They're playing an internal game that doesn't involve you. Getting a (non-consumated) offer is proof to them that there are even higher offers out there ... so how dare you dampen their expectations? If prices are seemingly set to justify the status of the seller's names, then that's a game that you as a buyer are going to lose every time.

 

[Name Trader]

I saw a 4L, CVCV, for sale here on NP with a 10k price tag. I never once thought the seller was crazy. I personally wouldn't make the investment, but I was impressed at the seller's bold price. I completely respect a seller putting their own price tag on their domain. I also don't see any problem with Make Offer as long as the seller is really trying to sell the domain. Otherwise why not just say, "I'm not really looking to sell unless an offer comes along that I can't refuse".

I think all Make Offer posts on NP's are the latter. By default.

 

[AndyM]

I think make offer works well for liquid domains only. I also found that even listing a domain with a BIN doesn't seem to get much attention, again unless it's liquid and priced correctly.

I listed a domain as BIN for $75 and had no interest, I then put it to auction starting at $1 and sold it for $175. And this is just one example - It's happened a few times where I've listed at (re-seller) BIN - had no interest, put it to auction - BAM! sells for higher that I had previously listed it.

Andy

 

[Name Trader]

I think make offer works well for liquid domains only. I also found that even listing a domain with a BIN doesn't seem to get much attention, again unless it's liquid and priced correctly.

I listed a domain as BIN for $75 and had no interest, I then put it to auction starting at $1 and sold it for $175. And this is just one example - It's happened a few times where I've listed at (re-seller) BIN - had no interest, put it to auction - BAM! sells for higher that I had previously listed it.

Andy

I've seen that many times on NP's too. But it's still the exception to the rule. Most of the auctions end up selling for low $xx, instead of exceeding their original Buy Now price. Noobs and Auction Fever is the answer.