I have never seen so much.......

[britishbulldog]

lowballing and crap offers in my life on here........i mean unless you work in a factory or have loads of debt the recession should not affect you,i believe people here are just making excuses for lowballing,i mean if people didnt have no cash people wouldnt be making an offer anyway.......

Should i join everybody else and just lowball the hell out of every sale like others and keep driving the prices down and down ? no matter what happens you still gonna get a better ROI than anywhere else at the moment,property has gone,stocks have gone,interest rates have gone........

I think the guys in the city need to start some funds to invest directly into domains to fuel the fire we need get them prices up again.......even some nice dict domains are goin cheap.........

[biggedon]

you can't drive prices down by consistenly submitting lowball offers, unless you find desperate sellers.

those who are stable in this biz have no reason to lower their price expectations, in fact the smarter more secure individuals/corp's are raising prices.


imo...

[nameslave]

There is no such thing as lowball. Even if you ask people to "make offer", you can always set a minimum, and anything lower than that should simply be ignored (not replied to).

Having said that, the recession (or the Great Depression of 2009) does affect everybody. To downplay its impact on EVERY market is not particularly realistic.

[Rockefeller]

Are you talking about on your names? I haven't seen you list anything of quality so I wouldn't be complaining about the offers....

[Acro]

Originally Posted by biggedon

you can't drive prices down by consistenly submitting lowball offers, unless you find desperate sellers.

those who are stable in this biz have no reason to lower their price expectations, in fact the smarter more secure individuals/corp's are raising prices.


imo...

There are individuals in this forum that when the OP states "Submit offers starting at $5,000" respond with "My offer is $1,000".

I think such posts should be removed without warning and repeat offenders be tagged with a "Lowballer" image. That'd teach them to stop being asses.

[4u-domains]

Originally Posted by Acro

There are individuals in this forum that when the OP states "Submit offers starting at $5,000" respond with "My offer is $1,000".

I think such posts should be removed without warning and repeat offenders be tagged with a "Lowballer" image. That'd teach them to stop being asses.

Absolutely. Its rude, unprofessional and demeans the OP's initial valuation.
No warnings, something of that nature should be an instant one week ban.

[stock_post]

Originally Posted by Acro

There are individuals in this forum that when the OP states "Submit offers starting at $5,000" respond with "My offer is $1,000".

I think such posts should be removed without warning and repeat offenders be tagged with a "Lowballer" image. That'd teach them to stop being asses.

I agree with this..

But if you say offers welcome - ready to take a $10.00 offer
Not sure why one can not post their min asking price or range they are looking for?

If one don't set a min price and complain of low offers I am not sure who to blame.

[hina]

How about making a mandatory "minimum offer" field for the "Make offers" forum?
This field is built-in on the form where we post a new thread...
The minimum offer amount will be displayed in BIG SIZE in the thread.

One week ban for those who offer less than the minimum.

[adoon]

Names that aren't good or great are rarely selling. Those who bought names during the upswing of the last few years often couldn't sell those names for 30 cents on the dollar.

There are lots of people running around in denial....saying they got an offer two years ago for $4,000 or something similar, so they won't sell it for less.......they will NEVER see the $4,000 again. Just like some stocks are worth 80 percent less than last year, so are some names.

There are numerous threads where people are listing all of their bad names that they wouldn't even sell before......thousands of names being offered.....many times hundreds of names per thread.....DREAMLAND PRICES......cannot understand what the names could possibly mean, yet someone is asking $300 for it.

These names will get deleted when they expire soon. If you have to think about your renewals and whether you should renew the names....I have news....they are usually GARBAGE and worthless.

Most people try to sell names for prices that they would never in a million years pay themselves. So......they simply won't sell.

[draggar]

Originally Posted by Acro

There are individuals in this forum that when the OP states "Submit offers starting at $5,000" respond with "My offer is $1,000".

I think such posts should be removed without warning and repeat offenders be tagged with a "Lowballer" image. That'd teach them to stop being asses.

Originally Posted by 4u-domains

Absolutely. Its rude, unprofessional and demeans the OP's initial valuation.
No warnings, something of that nature should be an instant one week ban.

Unfortunately people who do this, while it is annoying, aren't breaking any of the forum rules. Professionals will know the true value of a domain and shouldn't post offers lower than the minimum offer wanted by the seller.

If a seller states that the minimum offer is $1000 and someone posts an offer of $10 the seller doesn't have to sell it at that price and it proves that the person who wants to buy the domain isn't overly professional. The seller can ignore that post and just enjoy the free bump.

Originally Posted by adoon

Names that aren't good or great are rarely selling. Those who bought names during the upswing of the last few years often couldn't sell those names for 30 cents on the dollar.

I agree. Sure, we see many $xx,xxx and higher sales on DNJoural every week but these are not the normal domain sale, the normal domain sale is probably in the mid XX / very low xxx to low xxxx range, which I think this market is the one suffering the most.

There are lots of people running around in denial....saying they got an offer two years ago for $4,000 or something similar, so they won't sell it for less.......they will NEVER see the $4,000 again. Just like some stocks are worth 80 percent less than last year, so are some names.

There are numerous threads where people are listing all of their bad names that they wouldn't even sell before......thousands of names being offered.....many times hundreds of names per thread.....DREAMLAND PRICES......cannot understand what the names could possibly mean, yet someone is asking $300 for it.

I also agree with this. The only domains I'm trying to sell now are ones that I am dropping. I've moved over to developing my domains if they aren't making >=reg fee parked and if I dont' want to develop them, I try to sell them.

I see a lot of people selling (and not just here) domains for way more than what they're worth (wzxtrfewqqqzxvtrs.info for $50,000 because it has an E in it and triple consecutive Q's). Buyers want to spend the least for the domains and the sellers want the most for them and it seems like very few people are willing to negotiate.

But - many domainers are also forgetting a lot about the outside workd, it's just just about premium letters in a premium order now. I think the perfect example of this is the current auction of PVC.com - some people think that the current price (last I knew it was $40,000) was by far overpriced because it had a bad letter combination (a V in the middle?) yet others say it's a great bargain aince PVC is the third most popular form of plastic.

[Acro]

Oh look, it's the adoon wise guy again. The same moron that came, on his 1st post, to tell me that I have no recourse filing a lawsuit against a Sedo buyer who breached the contract.

What are you doing here adoon? If we're such losers then why waste your time with us?

The fact is, nobody really gives a shit what you think. For every domain, there is a buyer. I can hold onto my domain portfolio until the polar ice-caps melt; each renewal fee is a valid business expense.

Talking down on domainers and their portfolio choices will get you b!tch-slapped in no time.

[cursal]

Originally Posted by Acro

There are individuals in this forum that when the OP states "Submit offers starting at $5,000" respond with "My offer is $1,000".

I think such posts should be removed without warning and repeat offenders be tagged with a "Lowballer" image. That'd teach them to stop being asses.

Now there is something to this that is worth considering in some form or another.

[Acro]

Originally Posted by draggar

Unfortunately people who do this, while it is annoying, aren't breaking any of the forum rules. Professionals will know the true value of a domain and shouldn't post offers lower than the minimum offer wanted by the seller.

Actually, this is called "interfering with one's sale". It's exactly the same as if I posted "your domain sucks, I think it's worth $this_much".

Nobody should be allowed to make offers in one's thread, lower than the OP's minimum asking price.

[Johnn]

With the exception of some names (LLL LL NNN), which has the reseller price ranges, no one can really put a value on a name until you find the buyer. Therefore the term "low ball offer" is very subjective.
The facts:
- In the eyes of the seller, most of the offers are low ball offers.
- Many sellers would take low ball offers as it is Free Bump
- People want to start with low offer to see how desperate the seller is and many sales threads ended up with nice sales.

There is no need to implement any new rules as our members are too busy to read and follow the rules. It should be up to the OP to define the range, minimum offer, etc...Unless the OP states clearly that no offer below the minimum should be posted.

KISS rules

My 4 cents

[jaydub]

Agree 100%....it is my thread and sale conditions....if they don't like the conditions...move on. What is so hard about that?

Originally Posted by Acro

Nobody should be allowed to make offers in one's thread, lower than the OP's minimum asking price.

[Acro]

Depending on the lowballing offer - when I explicitly ask for a starting amount - and my mood at that time, I might do one of the following, in no particular order:

1. Humiliate the lowballer for having no brain, eyes or testicles
2. Report the post as inappropriate as it interferes with my sale
3. Both

[JuniperPark]

I've said it before, I'll say it again....

Unless you SET A PRICE (or at least a price range) then you have no right to complain that the offers you get are lower than expected.

[Acro]

JP, I'm aware of your sales pitch of setting fixed prices and that's fine and dandy. However, in some parts of the world an offer system is applicable - in some others haggling not only works but it's a must (when negotiating with Middle Easterners it's an offense not to haggle).

[Doc Com]

Its one thing to offer lowball.

Its another thing to offer pure crap because "estibot claims $45,000.00" or $750 BIN for FmyWhateverTheHellYouWantToF dot com as a viable prize.

Lowball offers.

I think it may be domainers telling a few folks that they are unreal in their expectations or their "perceived worth" of the shit they are selling.

I am high bid at $1.00 after having trumped a $0.99 bid hoping like hell the seller gets the messages without posting comments in the sales thread.

Actually, I hope like hell I don't win it for a buck.

Low ball offers on here are no different than the low ball offers in my email inbox.

Just have to deal with it and move on.

[JuniperPark]

Originally Posted by Acro

JP, I'm aware of your sales pitch of setting fixed prices and that's fine and dandy. However, in some parts of the world an offer system is applicable - in some others haggling not only works but it's a must (when negotiating with Middle Easterners it's an offense not to haggle).

I don't entirely agree as I have done business with Middle Easterners, but if we accept what you say is true then it's an offense NOT to lowball, since that's step #1 of haggling.