The best way to approach, with intention to buy

[Restecpa]

What is the best way to approach somebody..

a) who is not necessarily familiar with the domain aftermarket
b) who is familiar with the domain aftermarket

..about buying his domain? Share your suggestions and experiences. Thanks

 

[Steen]

I try not to say my company name and appear on a personal level.

Seems to work best in terms of price for lower quality names (under $5k).

Five/six figure names is all game imo, whoever bids the most gets it.

 

[Restecpa]

Interesting. Heres my thought though, if you present yourself as if you were buying for your personal needs, then wouldn't they go like "Hm.. if this guy is willing to put out $5000, I wonder how much some company would" ? Just a thought to consider..

 

[diverge]

Interesting. Heres my thought though, if you present yourself as if you were buying for your personal needs, then wouldn't they go like "Hm.. if this guy is willing to put out $5000, I wonder how much some company would" ? Just a thought to consider..

Depends on the type of domain. If it's a generic, your logic may be sound. However, if it is specialized, then the market is small, and most people will offload the domain (especially if it is undeveloped). I've taken this route on several occasions, and it has worked well for me. In addition, I can say that of the people who have contacted me to buy one of my domains, I always asked more / negotiated harder with the ones that were large corporations / companies, versus the ones that were perceived as individuals / small businesses. But that's just me.

Bottom line is, if they perceive you will use the domain for commercial purposes, they are more likely to play hardball. Personal sites are generally not profitable, and therefore they will will generally not ask for much.