offers Your advise please, should I accept the 5k counter offer?

[Domjet]

Hi,

I need your advise regarding my case.

I have one of my domains listed on Sedo long time ago. Few years ago I have set my desired price to 1,999$. After that I have received many low $xxx offers outside Sedo, I had forgot to adjust my desired price since that time. Few weeks ago I have missed an offer of 1,999$, but fortunately the buyer sent it again after the 7 days ended.

I have noticed the second offer and found that a Sedo agent has sent me an email on the same day of the first offer saying that a potential buyer has offered 19,999$ for my domain. It seems a mistake in the email that he added addition 9 to the 1,999$ that the buyer has offered, however I removed my desired price and replied to him that I am sorry for the late response and I am OK with the 19,999$, but he didn't reply to my email so I just waited for the second offer to end and sent a counter offer of 19,999, the buyer didn't respond to the offer until it ended, I then send a new offer 14,999 saying that my price is negotiable.

Finally and immediately after I sent the offer the buyer responded with 5k saying that it is his final offer. Now it is almost 4 weeks since the first offer and 4 days since the final offer, I have tried to contact many expected buyers and get the domain appraisal value.


Kindly advice whether I should accept the offer now, wait for the last day hoping that he or other buyer will send a higher offer, or push the domain to the auction for another 7 days.

 

[Domjet]

Although I am not new in the domain industry, but I did't spent enough time on it. Am I right that sedo offers are binding for 7 days, could you please Ategy explain more what do you mean by theoretically binding

 

[Domjet]

If the domain ends with ____b/e.com then definitely take the 5k.
If the domain ends with ____b/e/e.com then ask for more!

All that said .. I'd still try to contact Sedo to see if the $19,999 was indeed a typo.




Yes bids are theoretically binding for 7 days.

But I say theoretically because if someone created a fake account and has no intention of paying, Sedo can't really do much about it. Even if it was a real buyer who changed his mind and refuses to pay, Sedo can't force them to give them a credit card number. You'd need to go to court .. and I'm pretty sure such an action would not be worth the time and money for a $5k domain.

Unfortunately it is one e

 

[Domjet]

If the domain ends with ____b/e.com then definitely take the 5k.
If the domain ends with ____b/e/e.com then ask for more!

All that said .. I'd still try to contact Sedo to see if the $19,999 was indeed a typo.




Yes bids and offers are theoretically binding for 7 days.

But I say theoretically because if someone created a fake account and has no intention of paying, Sedo can't really do much about it. Even if it was a real buyer who changed his mind and refuses to pay, Sedo can't force them to give them a credit card number. You'd need to go to court .. and I'm pretty sure such an action would not be worth the time and money for a $5k domain.

I think the $19,999 is typo because Sedo agent sent at the same time I received the offer and ther buyer didn't respond to it when I offer it again, and the 5k offer sent by the buyer saying that this is his final offer.

 

[Domjet]

Well in order to make a $19k offer, the buyer needs next level certification, so they would be a heavy hitter.

Thanks @wwwweb , When this level starts, the buyer is an old Sedo buyer with moderate transactions, he seems to be a broker for someone.

 

[Domjet]

if the broker told you they have a $19.999 USD offer
they mean it

you spoiled it

must be worth
at least 50K

The broker told me by email, but he did not get back again

 

[Domjet]

I'm the owner of QueenBee dotcom and I received your marketing email yesterday.
Congrats on the $5k offer.
I can share the highest offer for QueenBee was $65k, and I would say $5k for QueenBe is a good offer unless the buyer has some better thoughts about branding their services.

Good luck with your sale.

Thanks for your comment and for sharing your opinion.

 

[frank-germany]

No I did not missed it out, as the 19,999$ was not a binding offer it was only email from a sedo agent and he did not reply back when I agreed

Patience is the name of the

did you call the broker?

 

[dande]

Hi,

I need your advise regarding my case.

I have one of my domains listed on Sedo long time ago. Few years ago I have set my desired price to 1,999$. After that I have received many low $xxx offers outside Sedo, I had forgot to adjust my desired price since that time. Few weeks ago I have missed an offer of 1,999$, but fortunately the buyer sent it again after the 7 days ended.

I have noticed the second offer and found that a Sedo agent has sent me an email on the same day of the first offer saying that a potential buyer has offered 19,999$ for my domain. It seems a mistake in the email that he added addition 9 to the 1,999$ that the buyer has offered, however I removed my desired price and replied to him that I am sorry for the late response and I am OK with the 19,999$, but he didn't reply to my email so I just waited for the second offer to end and sent a counter offer of 19,999, the buyer didn't respond to the offer until it ended, I then send a new offer 14,999 saying that my price is negotiable.

Finally and immediately after I sent the offer the buyer responded with 5k saying that it is his final offer. Now it is almost 4 weeks since the first offer and 4 days since the final offer, I have tried to contact many expected buyers and get the domain appraisal value.


Kindly advice whether I should accept the offer now, wait for the last day hoping that he or other buyer will send a higher offer, or push the domain to the auction for another 7 days.

Glad you have finalized the deal. Next time, try and be more specific with your pricing and tell the potential buyer exactly what you want. Good luck!

 

[Domjet]

Glad you have finalized the deal. Next time, try and be more specific with your pricing and tell the potential buyer exactly what you want. Good luck!

What you should do if you were me, I have received an offer of 20k by mail and a binding offer of 2k by sedo?

 

[Domjet]

Glad you have finalized the deal. Next time, try and be more specific with your pricing and tell the potential buyer exactly what you want. Good luck!

Glad you have finalized the deal. Next time, try and be more specific with your pricing and tell the potential buyer exactly what you want. Good luck!

The previous reply is for your first post

 

[Domjet]

Patience is the name of the

did you call the broker?

No , after I read your posts here, I tried to close the deal before the buyer changes his mind

 

[Josytal]

accept the 5k offer.

 

[artstar]

u cant post a domain for sale at over $10000 unless u r on the sedo premium i think