Discussion in 'Sedo' started by binny, Oct 21, 2007.
Do most bids in Sedo result in ridiculous counter offers or am I just being unlucky?
I think its common, mainly because people bid rediculously low so the seller gets insulted and sends back something to say, "stop wasting my time"!
It depends on the domain name and your inital offer
Nice generic and offering £50 might get a 999,999 reply!
It also works the other way, I have 3 -- 4 figure offers all just ignored and expired which is just as annoying.
LLL.Net with low uv, I offer mid $xxx to try and open discussions knowing true value is high $xxx to low $xxxx get back a £50,000 counter offer. Domains like it drop and auction on Snapnames every day for $800-850 and I mean every day.
a) they do not want to sell
b) they have no understanding of the value of what they have and think $50k is reasonable
c) they have no understanding of the value of what they have and think my offer was insulting
or d) hope you are desperate for the name and might pay over the odds
or e) Know that you are probably coming in below your top offer thus counter big and wait for you to adjust upwards.
i appreciate they want my offer upped but surely $49k is nuts, what would they ask for the .com
this is just an example too, I've had about 6 this weekend. maybe the sellers are happy to have them sit on Sedo forever :???:
Domain prices have been consistantly going up so there is no incentive to sell at current market value to fellow domainers
there's a batch of 4 on dnf at minute for $3800, he'll take an offer too i'd guess, if you're after that kind of thing (not mine btw )
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