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Domain Negotiation Advice
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<blockquote data-quote="DeLaVega" data-source="post: 2231260" data-attributes="member: 82094"><p>I started negotiations for a specific domain I own with an interested buyer via email.</p><p></p><p>He asked me the price of the domain. I answered that I wanted 27k for the domain. He offered 9k. I replied that I can go down to 22k. He answered back offering 14k. I reduce the price to 20k thinking that He will offer more, but I was wrong. </p><p></p><p>He replied back with a domain appraisal He bought. The appraisal says that the domain value is no more than 1k and that now He thinks his inital offer of 9k was too high.</p><p></p><p>I answered that sometimes domain appraisals are done by automatic software and they are based on language, length, etc., but I don't know he will agree with that. I said to him that I could accept 17k, but He did not reply (and I have the feeling He will not reply because He's expecting me to reduce the price a lot).</p><p></p><p>Now I'm not very sure how to proceed because I have the feeling the negotiations are stagnant. I think the domain is worth to him, but He also could live without it (it won't be his main domain). I also know (researching online) He bought a similar domain for 13k some years ago, I don't know if I could justify the price based on this previous purchase.</p><p></p><p>Any advice about how to follow negotiations to have a successful ending?</p><p></p><p>Thank you!</p></blockquote><p></p>
[QUOTE="DeLaVega, post: 2231260, member: 82094"] I started negotiations for a specific domain I own with an interested buyer via email. He asked me the price of the domain. I answered that I wanted 27k for the domain. He offered 9k. I replied that I can go down to 22k. He answered back offering 14k. I reduce the price to 20k thinking that He will offer more, but I was wrong. He replied back with a domain appraisal He bought. The appraisal says that the domain value is no more than 1k and that now He thinks his inital offer of 9k was too high. I answered that sometimes domain appraisals are done by automatic software and they are based on language, length, etc., but I don't know he will agree with that. I said to him that I could accept 17k, but He did not reply (and I have the feeling He will not reply because He's expecting me to reduce the price a lot). Now I'm not very sure how to proceed because I have the feeling the negotiations are stagnant. I think the domain is worth to him, but He also could live without it (it won't be his main domain). I also know (researching online) He bought a similar domain for 13k some years ago, I don't know if I could justify the price based on this previous purchase. Any advice about how to follow negotiations to have a successful ending? Thank you! [/QUOTE]
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