Any more than 10 starts to cut into my profit margins. I will negotiate longer if the buyer is not using a free email address though.
Free email address users the sale goes like this:
Buyer: I need a domain for a personal project and found that you are not using yours. Would you be interested in selling it?.
Me: (Bearing in mind that the price is on the site where the domain is parked) - Thanks for your interest, however as this is for a personal project, I suspect that you cant afford it. You should try ebay.
Buyer: I can offer £20, that is more than you paid and you are not even using it.
Me: For pocket money domains you really should try eBay. We only deal with premium organisations who understand the value of brand and are serious about their companies future on the internet.
Buyer: I am interested, would you take £1000 for it.
Me: Ask yourself how much would you pay for this domain if your best competitor bought it. Perhaps 6 months or a year from now you will see this domain on a website turning over hundreds of thousands, and you will be kicking yourself knowing that it could have been you with all the nice cars, girls and lovely home. Understand that we don't just sell domain names we sell futures. If you are coming to me with such poor offers then what would you do in my position?
I dont want to waste either of our time here, have a think about it and come back to me with something closer to the asking price of £10k and then can discuss it more.
If it is out of your budget then dont be afraid to say so, not everyone can afford premium names, its nothing to be ashamed of.
Buyer: Would you take my BMW in part exchange..
=== TRUE STORY ===