Offers are Coming in Thick and Fast on my Domains, But!
Well I’m not going to lie to anyone – it’s been a pretty tough couple of weeks. I haven’t had any serious enquiries on my names, but I have had a couple of $200 offers on my CC.coms and about 5 other ridiculous offers.
Now I don’t mind a bit of hustle as I’d say that’s something all us domainers have in common, but some of these mails are so poorly written and aggressive in their approach I’d be amazed if they have any success at all.
Still I think it’s important to be polite and send a professional reply no matter what the offer or how it’s written.
Some of you might think I’m wasting my time, but I have first hand experience of a lowballer who turned into a serious buyer. At the time it was the largest sale I had made and I managed to move the offer from the opening $200 to close at $21,000.
If I had told him to go jump off a bridge when the offer first came in I’m positive that deal would never have been done.
So what I’m advising is to bite your tongue when these silly offers come in and send a professional courteous reply as you never know, that annoying lowballer could turn out to be a very nice meal ticket.
Actually I’d be interested to hear what the lowest offers you have received on some of your premium names are.
Some of mine are:
Sixth.com - $150 (he’s a student and that’s all he can afford)
9i.com - $750 – BuyDomains (enough said)
VR.Net - $100
There are too many others to count but I think you get the idea.
James
Yes, I recall over the summer hearing that BuyDomains was aggressively acquiring domain portfolios so I thought I’d see what they would offer. They were only interested in a small portion of my portfolio and with one exception were only offering around $20 per domain. Aggressive, huh? One of those domains I sold for $1500 (plus $500 for the .net) a few months later. Another name I had previously received an offer of $800 on but didn’t accept it. Time to do some more marketing…
Yeah Buy Domains offered me $100 for a pair of names - I sold them two weeks later to another domainer for $15,000
Aggressive??? ha ha ha
Regards,
Robbie
Kudos to you for staying polite and proffesional at all times.
However you must note in your blog, that you do also lowball yourself
I have in the past, afterall we all want a bargain!
Best of luck all the same.
I agree with you, one should always reply to an email received. I can speak for myself when i say this, i’ve tried to sell domains with some companies and brokers, some of them didn’t reply to me, i never contacted them again, because i believe good education is essencial in anything anywhere. I had others that even when they’re not interested, they always answered me back, well with those i keep contact and good business relationships are being built, education makes all the difference in the world to me. ( I don’t know if in english education is also applied to being polite like in portuguese, or if it’s just school education, but i was talking about being polite )
About low offers, i can’t help, but to laugh hard in the “domains wanted” section of any forum, when i see some guys saying that they want an old dot com domain, with a bunch of backlinks, with high PR, huge traffic, and it has to be a single generic word, and they’re offering $30 for it, and they claim that they’re being generous.
I just think to myself, where do these guys Live? Is it pure ignorance (that’s understandable) or is it being a smart ass? thinking other people are stupid? And i get amazed when i see people replying that they’ve sent a pm. Assuming those people really have what’s being asked, are they really gonna sell a good domain for that low price?
About Buydomains, well they seem to think they can buy any domain a little bit above reg fee, but it’s not their fault, it’s our (domainers) fault, because we sell it to them, i already refused an offer from them, months ago.
For some reason, $10 and $20 seem to be a pretty popular number when it comes to domain offers for me. I agree, 2 character domains do attract a good deal of those kinds of offers. I’m sure 3 letter .com offers are similar.
I also reply to all offers no matter what they are. You just never know!
Leonard & Robbie - i think they’ve low balled everyone out there.
GUA - i know - i’ve done my fair share of low balling - i don’t like the medicine when it’s given to me though :0)
Just had aother one come in - but this post seems to have sparked something, and i’ve just closed 2 nice sized deals. I can reveal what they are at a later date.
Congrats on the 2 nice sized deals! As soon as you can share, I’m sure you’re readers would love to know.