Offer on .mobi - EastCoast

[Onward]

Hey guys,
I got an offer on Sedo for EastCoast.mobi.

[Duckinla]

Send it to auction and risk losing it at low/mid xxx

You use the word "risk" in the wrong context. The risk comes from not sending it to auction and possibly not getting as high an offer later. I don't mean this just with regard to DotMobi, but with any speculative property don't lose site of what the real risk is. Sending it to auction will take away your future opportunity, but it actually eliminates all risk for you.

I am conservative in general, so my opinion is to send a domain to auction pretty much anytime you get the opportunity. Good luck.

[Onward]

Originally Posted by Duckinla

You use the word "risk" in the wrong context.

Yes I think you may be right...using the word "risk" may be looking at this wrong.

Thanks for your insight.

[Laird Mobi]

I think send it to auction mate you'll definetly make your money back on it!

[Onward]

Ok. I think I am going to send the name to auction.

I'm thinking of starting it this afternoon.


Thanks for the advice. Any other thought and opinions are appreciated.

[PRED]

If it's their first offer, then counter & then send it to auction
or they may accept
As long as the counter is not stupid, you shouldn't scare them away.
Remember, most people who might be interested & imo will only be a few, won't pay a great deal for it.
Most people buying .mobi are resellers & therefore won't pay high prices unless obviously a premium domain they can resell or develop.
I know this has good development potential & is nice domain, but it's not premium.
I would counter say $1500. If it's an enduser they may well accept or counter with high $xxx or more.
Good Luck
Pred

[Onward]

Originally Posted by PREDATOR

If it's their first offer, then counter & then send it to auction
or they may accept
As long as the counter is not stupid, you shouldn't scare them away.
Remember, most people who might be interested & imo will only be a few, won't pay a great deal for it.
Most people buying .mobi are resellers & therefore won't pay high prices unless obviously a premium domain they can resell or develop.
I know this has good development potential & is nice domain, but it's not premium.
I would counter say $1500. If it's an enduser they may well accept or counter with high $xxx or more.
Good Luck
Pred

Thanks for the advice Preditor. I value your opinion here.

I live on the eastcoast of the united states and I really see great potential here as it covers about 13 states...I may counter at a level I feel comfortable with and if they counter back at low xxxx...I'll send to auction...

Otherwise I'm fine with keeping this one to develop.

I'll let you all know what happens.

THANKS!

[Onward]

Pred...I took your advice and you were pretty close to how things shook out... I sent this one to auction....I'm hoping for the best.

The reserve was met at $700. Thanks.

[Onward]

About 2 hrs left on the auction for EastCoast.mobi

There is only one bidder at this point so it appears as if the name can be had at a bargain.

[mjnels]

so who bought it?

[Onward]

Someone who is transfering it to Moniker... and it is taking for ever....It's still stuck in the sedo process...don't know if it's Moniker's fault or Sedo's.

[mjnels]

Originally Posted by Onward

Someone who is transfering it to Moniker... and it is taking for ever....It's still stuck in the sedo process...don't know if it's Moniker's fault or Sedo's.

looks all done now..

[PRED]

add it to the reported list
congrats on sale. hopefully they will develop & you made a great profit!

[Onward]

Originally Posted by PREDATOR

congrats on sale. hopefully they will develop & you made a great profit!

Thanks Predator...it paid for a good chunk of my .mobi regs, but still do have a little seller's remorse.



Edit: I just checked and saw I have not been payed ...and the name is still being held up...it is really taking for ever for the transfer to take place...maybe because it is a .mobi?

[mjnels]

Originally Posted by Onward

Thanks Predator...it paid for a good chunk of my .mobi regs, but still do have a little seller's remorse.



Edit: I just checked and saw I have not been payed ...and the name is still being held up...it is really taking for ever for the transfer to take place...maybe because it is a .mobi?

the transfer finished Thursday morning..

heh, suprised neither of you guys noticed who bought it when i asked...


anyway, yea sedo will sometimes take forever to acknowledge that the domain is transferred away and transaction should be complete... i JUST got my check sent to me for 601.mobi that i put on sedo auction like 2 months ago or something.. guy has had control of the domain for 3 weeks and they finnally sent a check 2 days ago..

[PRED]

Originally Posted by Onward

Thanks Predator...it paid for a good chunk of my .mobi regs, but still do have a little seller's remorse.



Edit: I just checked and saw I have not been payed ...and the name is still being held up...it is really taking for ever for the transfer to take place...maybe because it is a .mobi?

we all need to sell a couple to balance the books. it's a solid sale. don't worry. you both got a good deal. best way

nb: mobis are as easy to transfer as any other domain. normally registrars are cool, just sedo need their hand holding sometimes

Originally Posted by mjnels

the transfer finished Thursday morning..

heh, suprised neither of you guys noticed who bought it when i asked...


anyway, yea sedo will sometimes take forever to acknowledge that the domain is transferred away and transaction should be complete... i JUST got my check sent to me for 601.mobi that i put on sedo auction like 2 months ago or something.. guy has had control of the domain for 3 weeks and they finnally sent a check 2 days ago..

lol, congrats matt. you're developing this one i take it?

[Onward]

Originally Posted by mjnels

the transfer finished Thursday morning..

heh, suprised neither of you guys noticed who bought it when i asked...


anyway, yea sedo will sometimes take forever to acknowledge that the domain is transferred away and transaction should be complete... i JUST got my check sent to me for 601.mobi that i put on sedo auction like 2 months ago or something.. guy has had control of the domain for 3 weeks and they finnally sent a check 2 days ago..

Good luck with the name!

[mjnels]

thanks, its the most ive spent on a .mobi so far (that was not a NNN.mobi)
my landrush pre-registration typo of Eastcoast was eating at me... EastCOST.mobi didnt look as good..

the words eastcoast and westcoast are pretty widely used here in the U.S...

anyway, ill send sedo a note saying transfer is complete... maybe thatll hurry them along, doubt it tho..

[Onward]

Originally Posted by mjnels

anyway, ill send sedo a note saying transfer is complete... maybe thatll hurry them along, doubt it tho..

Hey thanks...check out the message I just got from Sedo.com...and mind you I asked to receive payment via paypal....


We have processed and sent you your payment for this domain. Please note that international wire transfers can take up to 14 days to reach your account.

Looks like Sedo keeps money for 14 days to get the interest...not much interest on this transaction but for the bigger ones and for the number of transactions they process....it really makes a difference and adds up for them.

[mjnels]

Originally Posted by Onward

We have processed and sent you your payment for this domain. Please note that international wire transfers can take up to 14 days to reach your account.

i get that message even when they send me a check, i think its included no matter what payment method you had selected..it only applies to the international wire payment tho