I just hate tyre kickers

[diablo]

Hindsight is always 20:20. Had the person who offered $2k broken off the negotiations at the $15k counter, he would have been $4.5k down. That's why it's dangerous (or at least un-representative) to play the "what if" scenario game when working backwards from a successful outcome.

Totally agree.

 

[domainseller200]

I think Frank's post that was featured is quite interesting with regards to offers:

http://www.fwitter.co.uk/domain-trading-turning-100-into-10000-a-true-story/

Someone opened with $500, he countered with $6k etc, $4.5k stated as final acceptable price, sales wasn't agreed

Someone else opened with $2k, he countered with $15k, it sold for $8k

Had he priced it at $4.5k to start with (the amount he was willing to accept from the first bidder) then he would be $3.5k down

To be honest Ian, that was part of the reason I included that first set of negotiations to show the exact history of the name and how I and many others tend to deal with 'opening offer' scenarios, and how they can differ depending on what the opening offer is.

Hindsight is always 20:20. Had the person who offered $2k broken off the negotiations at the $15k counter, he would have been $4.5k down. That's why it's dangerous (or at least un-representative) to play the "what if" scenario game when working backwards from a successful outcome.

From experience, no-one who has made a decent opening offer on one of my domains has ever broken off the negotiations without coming back with some sort of response or counter offer first.

I use a mix of both 'fixed price' and 'make offer' when I am selling my domains, and this is decided by myself from the cirumstances surrounding any individual domain name.

There is no right or wrong way to market any single domain, as both ways work well and the real truth is both formats could yield more money if circumstances were different - a bit like a sliding doors scenario for want of a better comparison.

Perhaps it was the same entity in both?

It was 2 different Sedo accounts Garth (going from the user information) - of course it could be the same person with 2 accounts, but I am not as cynical to think that

How far the seller is willing to push it is down to them, but surely an opening offer of $500 and an opening offer of $2000 give you more of a clue to how far you can go with it.

That is exactly how I saw it also, and it was proven by both the negotiating scenarios and the outcomes. Glad it isn't just me who thinks this

 

[Frog]

So as a buyer... I should come in with a shamefully low first offer - the lowest number I think will actually generate a response

 

[aZooZa]

Get an exclusive membership Frank LOL. See my "cheapskate" thread. Jesus.

 

[domainseller200]

Get an exclusive membership Frank LOL. See my "cheapskate" thread. Jesus.

Nothing to do with being a cheapskate to be honest Dale, more a case of it being on my 'to do list' along with other things which have been on there since 2007

I see Acorn as a privilege and not a right, and have huge thanks for Alan for the service he provides for free for myself and others. I have also provided him with a few backlinks over the years to help him with his rankings for the site, and also introduced new members too.

I HAVE actually paid to be upgraded and waiting for my button to be changed

 

[aZooZa]

Good for you Frank. Kudos

I didn't mean to be insulting or previous; I hope you didn't take it that way. But then I'm guessing you didn't

 

[Bailey]

What a Shame - This was a good worthwhile thread, until someone decided to highjack for their own personal agenda

 

[Whibs]

What a Shame - This was a good worthwhile thread, until someone decided to highjack for their own personal agenda

I have to agree, i was enjoying the debate.

In answer to Frog, yes. But leave the opportunity to open, if you leave a comment suggesting you are interested to know what price a sale could be reached, "I may be able to increase my budget a bit, but wanted to see where your expectations were" at the very least you are starting low but giving the impression you don't have a great deal more.

If you don't leave a comment the seller is left guessing and may play it safe by pitching higher than he really wants, just to test your budget, or he may just cancel.

Assuming you have it listed at Sedo or another such company, and you are the seller, and the domain may have a realistic £x,xxx value and the bidder cancels, call your parking company and ask them to broker it for you. You were going to pay the fees anyway, and any good broker will see it as an easy pitch, the advantage they will have is they will know who is bidding, they will also be able to speak with them on the phone and in a matter of minutes they will have clarified the real potential.

Direct dialogue is always the best way to weigh up your chances

That's my pennies worth

 

[domainseller200]

What a Shame - This was a good worthwhile thread, until someone decided to highjack for their own personal agenda

Struggling to see who hijacked it ? Care to name the person Ray ? I am assuming you mean Dale, as I can't see where else it has been possibly taken off track.

 

[Bailey]

Yes I was being a little bit blunt - as usual. It just seems out of place to introduce the paying-membership issue into what was a compelling discussion about negotiation techniques.

result = everyone walks away in case their next on Dales Name and shame list