Ha ha ha @ Sedo silly counter offers!

Alien · Feb 28, 2011

Good grief.

I made a good opening offer for urbanlegends.co.uk on Sedo a few days ago.

Just got a counterbid back of £15,000. LOL.

KarlM · Feb 28, 2011

Hehe yep I have had a few like that

Alien · Feb 28, 2011

LOL.

Anyone got any cracking and amazing examples they'd like to share about counter bids from sellers on Sedo?!

e.g. £500,000 for something worth a couple of hundred?!

mojoco · Feb 28, 2011

It works both ways.

Sometimes when I get a ridiculously low opening offer I counter with any number I think of and follow it with as many zeros as I can..........

£59500000000000

:razz:

retired_member32 · Feb 28, 2011

just about 99% of domains i make an offer on......i made an offer lastweek on a domain for £300(300-500 exacts not good sector)...regretted it afterwards because on reflection i was thinking £100 max and they came back with a £3000 counter offer which i was delighted about....>>great escape music<<

doodlebug · Feb 28, 2011

I make low ball offers a lot, if someone doesn't have a minimum offer then I will offer a low figure eg £100 and quiet often get a counter offer of 30k when it's worth about 1k

markb · Mar 1, 2011

Ive made a few offers on domains for around £4k for domains I would value at around £6k to £10k. Most of them come back with counter offers of £100k+ to which I just cancel negotiations straight away.

Theres a lot of people who overvalue their domains, I think its very easy too, i have done so in the past with 1 or 2 of mine. Its not just sedo, ive some a few people on here as well. I think some people are dreaming that they will sell one of their domains and be able to retire early.

wb · Mar 2, 2011

deliajen said:
i made an offer lastweek on a domain for £300(300-500 exacts not good sector)...regretted it afterwards because on reflection i was thinking £100 max

Considering in contract law offers can generally be revoked easily if they have not yet been countered or accepted, Sedo should allow offers to be cancelled without having to wait for them to expire.

From a sellers point of view it's annoying making a counter offer on a domain and having to wait for the offer to expire if the buyer doesn't respond to it. I say annoying because you then can't commit to offers outside of Sedo until you know for definite that the other party doesn't want it, or you could end up selling it twice and end up in the middle of a lawsuit. :roll: