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Someone wants our domain name

#101
Ukiah Bass said:
$350 huh? Let's see, my original (oft-scorned) guestimate was a range of $250 to $500. Now accepting contributions in lieu of apologies..... :)
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Heh, exactly. I quoted your original post in my original post in this thread precisely because I figured you were spot-on. Its been somewhat amusing watching the multitudes of posts proclaiming the enormity of the cash-cow which walked into the OPs life. :)
 
#105
A Strohman said:
Its been somewhat amusing watching the multitudes of posts proclaiming the enormity of the cash-cow which walked into the OPs life. :)
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My advice to set the price at $100,000 wasn't meant to imply that I thought he would actually get that amount or anything close to it. The purpose would be to communicate to the interested party that the price would be A LOT. I certainly didn't think a cash cow had walked into his life, but if were him the domain would remain mine unless the buyer brought at least a large portion of said cow.

What, you would sell it for $350???
 
#107
DwaynieAD said:
most of this thread needs to come back to earth. that being said I dont think a few thousand should be off the table.
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Exactly. Certainly Big corporation could cough up some real money, but it figured in this case we were looking at long odds.

I'd be content with a few thousand per guy, anything less it's just not worth the bother. And I agree, if they want the domain, they should be willing to cough up $10k or so. If not, well, on your way then.
 
#110
62Jazzbass said:
Well, we finally received an "offer".

$350 USD

Once I was done laughing, I suggested we respond along the lines of "we are not even in the same ballpark, try again".

Of course, not in those words.

They will either respond with another (hopefully more reasonable) offer, or this will be the last of it.

Insufficient fee indeed.......
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Well, it's an indication that they can cough up $350. Maybe a "rent to own" arrangement for $3500 in 10 easy payments would be palatable to them.
 
#111
Yeah. That shows you what kind of business they are though. That lowball offer reeks of a lack of acumen, and poor research on their part. They're also telling you exactly what they think the site is worth to them, and disregarding value if might have for you. Honestly I wouldn't expect to get an offer in 4 figures from this point on.

Looks like you're keeping your site.
 
#112
Here's what I would do:

Offer to lease it to them for $500 for the first year with an option to renew annually for 2.5% of their site's revenue (or $500, whichever is more). Tell them that you'll be willing to consider negotiating an outright purchase at the end of year three if they are still in business. And, at that time, the starting price might be 25% of revenues.
 
#114
CelticWarrior72 said:
Here's what I would do:

Offer to lease it to them for $500 for the first year with an option to renew annually for 2.5% of their site's revenue (or $500, whichever is more). Tell them that you'll be willing to consider negotiating an outright purchase at the end of year three if they are still in business. And, at that time, the starting price might be 25% of revenues.
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I like this proposal. Except, I would also demand that they provide the use of a black, 1960 Cadillac Fleetwood Limousine, along with the services of a large breasted, 19 year old, blond, female chauffeur for the duration of the lease.
 
#119
ChrisB2 said:
My advice to set the price at $100,000 wasn't meant to imply that I thought he would actually get that amount or anything close to it. The purpose would be to communicate to the interested party that the price would be A LOT. I certainly didn't think a cash cow had walked into his life, but if were him the domain would remain mine unless the buyer brought at least a large portion of said cow.

What, you would sell it for $350???
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What I would sell it for is irrelevant. I work in the field, I see this sort of thing a lot and under no circumstances (based on the facts presented in the OPs original post) was there ever going to be any real money made here.

Your suggested approach, while certainly communicating your desire to only sell for a large figure is one way to go, sure. Of course, that approach also stops the potential buyer of offering something like $500 which while not good enough for you, may well be good enough for others in this situation.

The OP played it correctly and waiting for the buyer to offer. Now he knows where he stands and its no surprise (which is the point some of us were making all along).
 
#120
A Strohman said:
What I would sell it for is irrelevant. I work in the field, I see this sort of thing a lot and under no circumstances (based on the facts presented in the OPs original post) was there ever going to be any real money made here.

Your suggested approach, while certainly communicating your desire to only sell for a large figure is one way to go, sure. Of course, that approach also stops the potential buyer of offering something like $500 which while not good enough for you, may well be good enough for others in this situation.

The OP played it correctly and waiting for the buyer to offer. Now he knows where he stands and its no surprise (which is the point some of us were making all along).
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You're certainly implying, with your position and even this very post, that $350-$500 is a reasonable and fair price, which I find beyond humorous... no offense intended. Therefore I have to question if, were you in this position, would you sell for that??

Of course, I fully understand why you can't answer the question.

It costs around that amount just to establish yourself, and that's if you do all the work yourself. Hire someone to do the grunt work and you're looking at thousands. I just find it ludicrous that anyone would suggest that it's fair or worthwhile to give up all that work and expense establishing yourself for chump change...

And there's no reason why the buyer cannot still come back with $500...
 

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