Overpriced Domains

[dashu1]

Hello,
can I ask if any of you have any tactics for dealing with people who've got it into their heads that their domains are worth £sillymoney?

You know the kind of thing I'm talking about - 3 word domain on a less than desirable (dot)something(dot)uk extension - high $xxxx and doesn't want to budge!?

Do you manage to talk them around or just leave it?

 

[Takwa]

Well the domain did get your attention, so I guess they are not overpricing it too much, seller usually over price it around 3 to 5 times the price they'll accept.

Try saying to him/her that you're not paying over $xxx for a three words domain,
Some guy said that to me and it worked on me, I dropped my price about 1/3.

 

[GreyWing]

Not sure mate, I gave someone a price what I saw as fair and he come back with a counter offer. Now the domain is not for sale at all, so it can go both ways.

But ultimately you don't know what plans they have for that name, so the value to them may be quiet high, more than to just anyone else.

 

[jasman]

1. Haggle 2. If they're still being unrealistic make a final offer and tell them it's final. 3. If still no joy, find an alternative

 

[suzi]

You could try making a time limited offer:

£x until xx/Oct/2009.

Then, either nothing or:

After that, £less-than-x until some-date-.later/2009

 

[rob]

I think it was Arsene Wenger who said "Everyone thinks they have the prettiest wife at home."

This is often true of domain names

Best bet make a decent offer and explain why you think its a good offer, then there is nothing more you can do.

What I do find that often happens is several days, weeks, months or even years down the line they come back once they realise their expectations are unreal and then a deal gets struck.

The above only works if you are making fair offers, if you are lowballing then you deserve the no

 

[websaway]

pricing domains

If it's as you say £xxxx for a 3 word domain, then it's probably overpriced, the more words the more permutations, but if it's a single word or double specific then as sometimes happens you may be deluding yourself.

 

[dashu1]

Thanks for your thoughts.

I gave them my reasons why I thought it wasn't worth so much which resulted in a drop in price of....... about 60 quid

Never mind I think I have something else in the pipeline now

 

[namealot]

Depends on what you were doing with the domain if its for a business, then you should have calculations as to what % the domain would bring in as apposed to other forms of advertising and offer a sum based on that…(If its generic you could even give them your figures its unlikely your telling them something they do not already know but your figures may make them more accurately appraise the name or even ask them how they come to there figure they could say f off but at least you have an answer quick.


If its for resale then why should they sell it too you at XXX when they could sell it too the interested party for XXXx…

 

[dashu1]

Hello,
it was for use as a business not to resell, but the price was I think far too high.