Help Needed: Got a Respond From a Possible End Buyer

[phantomddl]

Hello all, i have been trying to find end buyers lately. Actually been a week only.

A few hours ago i received a respond from a .info owner of my domain name:

He asked how much the price was

I replied what his budget was in a well written e-mail as i didn't want to scare him away.

Then he replied back:

Dear *My name*,
 
Sorry I don’t do business like this. 
I have no idea what its worth and therefore not in position to offer a price. 
I would suggest you submit your best price and I will consider this over the next few days. 
Regards, *His name*

Their business is something to do with network, so i guess they could make use of this domain name.
But i am not sure of how much to offer.

Any help will be appreciated, thanks.

 

[shellyboy911]

I believe with the domain you have, there will not be many end users especially looking for the .net version. If I bought this domain for say $8 reg fee, I would be happy with $99 sale price. You're not going to get rich off of this deal. If you have the .com version, maybe that will commend a significant more sale price. Good luck to you. Just my 2c

 

[cbk]

The end user is right, I dont care what others say you need to have somewhat of a fixed price people lose out all the time because their domain is redirected to a Sedo page that says "make offer". You own the domain and you need to know what it is worth or at least know what a bottom line is you want, crazy to ask what is their budget none of your business. Most end users dont know how to appraise a domain.

However there are exceptions for some premium domains that elicit bidding wars.... but for the most of us have a price in mind!

 

[phantomddl]

Thanks for your input, i have noticed that also, hence why i put it in newbies section.

Though your input doesn't directly help me with my current situation, it will help me with my future sales.

Regards.

 

[grcorp]

As things stand, I would respond in a manner such as this...

"Thanks for your reply. I do respect that you would prefer to have a price to work with, and would be by all means willing to accommodate this for you.

If we can agree on $400 USD, I can initiate a paypal transaction so that we can secure your ownership of this domain name by early this week."

 

[phantomddl]

Thanks Maxwell, much appreciated!

 

[Poker]

No real need for complicated english. Usually better to just go with a straightforward "I can sell xxx.com for $ xxx". Once you agree on a price then explain payment, transfer etc...

 

[grcorp]

No real need for complicated english. Usually better to just go with a straightforward "I can sell xxx.com for $ xxx". Once you agree on a price then explain payment, transfer etc...

You think what I wrote is complicated?

 

[nicot]

I would start with a number somewhat higher than the minimum amount I'd be willing to take. If you get lucky, the buyer will accept and you will have more than you expected. If he does not agree, you can still negotiate and at the very least still get the minimum amount that you'd be happy with.

 

[urlurl]

I would start with a number somewhat higher than the minimum amount I'd be willing to take. If you get lucky, the buyer will accept and you will have more than you expected. If he does not agree, you can still negotiate and at the very least still get the minimum amount that you'd be happy with.

i agree, i would start off high XXX so you dont scare him off and it gives room for him to negotiate you down (as most would) and you are still happy with the price.

good luck

 

[grcorp]

I wouldn't scare him off with a high number. I was being generous with my $400 valuation.

Two very key aspects of what you know about this guy ought to speak volumes to you...

1. The .com is listed for sale. If he really wanted to strengthen his brand past the .info which he already owns (the fact that he used a .info from the get-go also suggests to me that he hasn't got substantial funds behind him), he would obviously have gone for the .com. Even the .com isn't worth more than $1,500 IMO. So, the fact that he's going to the .net says a thing or two to me.

2. He's evidently more shrewd than the average joe, given the email which you had posted. So, I don't think you'll have an easy time pressuring him into anything.

Just my opinion. I say quote $400 and if you can get $200 or more, take it.

 

[silentg]

Op has a $200 price listed on the Sedo Make Offer page. If he had contacted you directly then that means he wants the domain at a cheaper price.

 

[grcorp]

Op has a $200 price listed on the Sedo Make Offer page. If he had contacted you directly then that means he wants the domain at a cheaper price.

Good find. That said, keep your price at $200, and not a dollar higher. Insist it be done privately, though, so as to not incur Sedo's fee.

 

[phantomddl]

Thanks all, i sent him an email and i am waiting.
Will let you know the updates

 

[stock_post]

The way I see - It looks to me like an appraisal scam..

 

[phantomddl]

@stock_post
I'm aware of that scam method, but i don't think it is one. Because i contacted him, and he owns .info extension of the domain name.

 

[ronen]

i got a similar message from a person who tried to make me pay for domain appraisal...

 

[Poker]

You think what I wrote is complicated?

As things stand, I would respond in a manner such as this...

"Thanks for your reply. I do respect that you would prefer to have a price to work with, and would be by all means willing to accommodate this for you.

If we can agree on $400 USD, I can initiate a paypal transaction so that we can secure your ownership of this domain name by early this week."

More awkward than complicated. Emails like this can easily come off as too try hard. It's simple. You have something. They want it. In fact, they want it so much they sought it out and contacted you. Why jeopardize that dynamic out of some need to embellish.

 

[ronen]

This person offered 10K for a domain of mine, but in order to proceed with the offer he wants me to pay $99 for domain appraisal...

 

[nicot]

This person offered 10K for a domain of mine, but in order to proceed with the offer he wants me to pay $99 for domain appraisal...

Scam for sure, there is absolutely no way a person would be willing to pay 10k for a domain but only if you pay $99 dollars to get it appraised first.