Posting price in wanted threads

[bensd]

Is there any point in having this rule if it's not policed?

 

[Retired_Member38]

Its pointless having the rule when if you say you have a budget of £1000, people will just try and sell you a £300 domain for £950. I've even had domains offered to me for deliberately very close to my budget, when the exact same domain had been posted for sale (by the same person) for a third of the price in another thread not long before it

A potential buyer can't win. Post a specific budget and some Acorn members try and scam you. Don't post a budget and you're going to get flooded with offers for £50 turds and/or domains you can't afford.

 

[websaway]

Its pointless having the rule when if you say you have a budget of £1000, people will just try and sell you a £300 domain for £950. I've even had domains offered to me for deliberately very close to my budget, when the exact same domain had been posted for sale (by the same person) for a third of the price in another thread not long before it

A potential buyer can't win. Post a specific budget and some Acorn members try and scam you. Don't post a budget and you're going to get flooded with offers for £50 turds and/or domains you can't afford.

Equally it's no good sending over domains when the poster only has £70 to spend.
I think the rule should be enforced rigidly.

 

[Retired_Member38]

Equally it's no good sending over domains when the poster only has £70 to spend.
I think the rule should be enforced rigidly.

So how do you suggest buyers avoid getting ripped off then?

The only realistic way you can get domains sent to you at their real prices, rather than 'priced to suit your budget', is to offer up a price which is both deliberately vague, and clearly unrealistic (to avoid being priced to your highest limit, or to avoid being seen as having a lot of cash to burn).

You might as well post your budget is between 50 quid and a million. And then filter out all the inevitable garbage.

The simple truth is, Acorn is simply not a good place to buy domains. Its probably the best place to discuss or read about UK domains... but it sucks big time when it comes to actually buying them. You're significantly better off researching what you want and then approaching specific domain owners directly, than posting vague 'wanted' threads and waiting on the vultures appearing.

 

[Retired_Member42]

I think the other issue with wanted threads as a whole is that sellers use it as a quick and easy way to peddle yet more of their wares without the need for creating more offers invited / fixed price threads.

Either way, someone is going to get their time wasted, buyer or seller. There isn't a solution that fits all that I can think of. There isn't much chance of a solution either when you've got both new and established members 1) Posting irrelevant rubbish in response and 2) Inflating pricing to suit budgets.

 

[Murray]

So how do you suggest buyers avoid getting ripped off then?

Don't pay anymore than you think the domain is worth to you and your business

Easy

The only realistic way you can get domains sent to you at their real prices, rather than 'priced to suit your budget',

What's a real price?

It's all subjective to the buyer and seller and their own particular needs and requirements at that moment in time

 

[Retired_Member42]

Don't pay anymore than you think the domain is worth to you and your business

Easy

It's not about that though is it. Even if you think domain.co.uk is worth £1,000 to you and you have a £1,000 budget. Should you pay £1,000 for it when it's up for sale in a different thread for £500?

 

[Retired_Member38]

Don't pay anymore than you think the domain is worth to you and your business

Easy

Sure, but you then just waste a load of time and effort trying to deal with the people who're messing about like I described.

What's a real price?

It's all subjective to the buyer and seller and their own particular needs and requirements at that moment in time

In a way yes.... but to me if you offer something for sale for £200 and get no buyers, then a week later someone posts a 'wanted' thread and says they've got a £1000 budget, you can't then offer the £200 domain for £900+. Thats not the 'real' price no matter how you look at it. its the 'scam' price.

 

[Murray]

It's not about that though is it. Even if you think domain.co.uk is worth £1,000 to you and you have a £1,000 budget. Should you pay £1,000 for it when it's up for sale in a different thread for £500?

Well have a look first and buy it for the £500 lol

But no, I think if you get the domain you want for the price you can afford then it's all good isn't it?

You aren't overpaying if you paid what you were willing to pay

 

[websaway]

It's not about that though is it. Even if you think domain.co.uk is worth £1,000 to you and you have a £1,000 budget. Should you pay £1,000 for it when it's up for sale in a different thread for £500?

Surely if they've offered it for £500 in another thread that is the price you would be looking to pay, or thereabouts, their opening gambit is just that, an opening gambit, and presumably it's always negotiable.

 

[websaway]

Sure, but you then just waste a load of time and effort trying to deal with the people who're messing about like I described.



In a way yes.... but to me if you offer something for sale for £200 and get no buyers, then a week later someone posts a 'wanted' thread and says they've got a £1000 budget, you can't then offer the £200 domain for £900+. Thats not the 'real' price no matter how you look at it. its the 'scam' price.

Wasting time and effort is subjective, most wanted 's don't reply to names sent over anyway.

And is the seller wasting time sending over names that have no relevance to the intended spend.

 

[Murray]

In a way yes.... but to me if you offer something for sale for £200 and get no buyers, then a week later someone posts a 'wanted' thread and says they've got a £1000 budget, you can't then offer the £200 domain for £900+. Thats not the 'real' price no matter how you look at it. its the 'scam' price.

Timing is everything

If you have an £1000 budget and someone posts the perfect domain you want for £900 then that's great isn't it

You can't worry about what they were offering it for last week

Maybe last week they had bills to pay, the domain didn't sell, the put some money together from somewhere else and now aren't in such a rush.

Or maybe they're just greedy

But if you get offered it for £900, then see they offered it for £200 the week before, chances are you can talk them down to back around near their previous asking price.

 

[Retired_Member38]

Timing is everything

If you have an £1000 budget and someone posts the perfect domain you want for £900 then that's great isn't it

You can't worry about what they were offering it for last week

Maybe last week they had bills to pay, the domain didn't sell, the put some money together from somewhere else and now aren't in such a rush.

Or maybe they're just greedy

If you're talking 10 or 20% out or whatever then sure it could have been down to circumstances and needing to sell or whatever. If you're talking several multiples of the original price, then its just someone taking the piss.

But if you get offered it for £900, then see they offered it for £200 the week before, chances are you can talk them down to back around near their previous asking price.

Yes but why should you have to? I'd prefer not to have to assume a seller is trying to scam me, and need to go research what they've tried to sell the domain name for in the past :lol:

 

[websaway]

If you're talking 10 or 20% out or whatever then sure it could have been down to circumstances and needing to sell or whatever. If you're talking several multiples of the original price, then its just someone taking the piss.




Yes but why should you have to? I'd prefer not to have to assume a seller is trying to scam me, and need to go research what they've tried to sell the domain name for in the past :lol:

If you don't like the price don't buy it, simple.

But the buyer should have to post an indication of budget.

 

[Edwin]

It's funny, people seem to complain no matter which way the price moves, up or down. In another recent thread there was the issue that stuff was later sold off cheaper than offers that were turned down or even ignored at the time as being too low, with the complaint being why didn't the seller respond to earlier overtures...

Best way to look at it is probably to assume any price quote is extremely short term, and situation specific. Many people try and "price for the audience" so Microsoft and Joe Bloggs can enquire about the same name seconds apart and get quoted different prices - changing price quotes on Wanted threads are just an extension of this.

As others have said, nobody has a gun to the buyer's head. If the domain being offered to them makes sense at the price it is proposed at and fits within their budget, and it works better than other alternatives, then why does it matter what it was offered at before? That's what happens if you dither and/or miss the chance: it's gone. Try walking into a store a week after their "50% off everything" sale ends and buying at a 50% discount - they'll show you the door!

At the same time, sellers have absolutely no comeback if they pass on an offer in search of a bigger payout and then never see such a good offer again - that's a risk they assume by dithering/missing THEIR chance.

 

[Retired_Member38]

It's funny, people seem to complain no matter which way the price moves, up or down. In another recent thread there was the issue that stuff was later sold off cheaper than offers that were turned down or even ignored at the time as being too low, with the complaint being why didn't the seller respond to earlier overtures...

I don't see a problem with that. I've turned down many an offer in the past and would happily accept 50% of that original offer, today The EMD whack, the Google branding stuff, the fact Google is so eager to penalise everyone today... its slaughtered the value of both my small number of good emd's and your large collection of lower value ones. I'm sure you must have had loads of offers in the past you're regretting not taking now? Obviously hindsight is 20/20 though

As others have said, nobody has a gun to the buyer's head. If the domain being offered to them makes sense at the price it is proposed at and fits within their budget, and it works better than other alternatives, then why does it matter what it was offered at before?

It matters because you are literally setting fire to your own money. You're getting absolutely nothing extra for it, and you could have invested it into content, design, promotion, back links, press releases or anything else that push towards the new site being a success.

If someone offers a domain for £500 and then ups the price to £700 later then thats fine to me - maybe they were desperate to pay their rent, or their electric had been turned off. Or maybe they simply reevaluated and decided it was worth 7 rather than 5. If something is offered for £175 then is repriced to £950 when a buyer with a £1k budget appears on the scene... you can't really call that anything other than someone dishonestly taking the piss.

Try walking into a store a week after their "50% off everything" sale ends and buying at a 50% discount - they'll show you the door!

Sure, but I bet with 90%+ of the time domainers say "this price is valid till Friday...", they'll snap your hand off for the same 'cheap' offer on the monday morning.

 

[julian]

Personally I've never understood the obsession with having to post a budget (that's coming from someone who buys and sells 50/50)

As a buyer just send me names I'm looking for and I'll decided if I want them or not - If I offer £250 and seller wants 1k then that's life.

In this industry have to accept your dealing with clueless time wasters both as a domain seller and buyer (and to be frank that's just life, we have to man up) and can't see it changing anytime soon.

Compare how many creatures turn up on the forecourts of your average used car dealers every day looking for something for nothing or getting ripped off?

Basically I think its skewed far too much in the sellers favour - tbh we're lucky here someone's even posting to buy atm - this rule is a throw back to good old mid 2000's domain boom where everything looked better than it was..