Everybody wants premium names but check the budgets in domains wanted

[biggie]

just want to bring this up, again

if you want premium names, then expect to pay premium prices


you don't want certain letters or only want specific numbers or want the name to end in "ie" only.....then you gotta pay extra for the extra criteria


you want names with pr, traffic and ppc earnings, you gotta pay extra for those too

also, it's trickery to post that you got $10k budget for the right name, but every offer you make on a qualified submission is only $250

increase the budgets!!!

 

[hawkeye]

Totally agree ! But still i think its worth a try to get those for cheap, isn't it ?

Well, would 'you' sell a $xx,xxx+ domain for $xxx? There's a difference between trying to get a name cheap, and outright hoping to 'steal' one per se. It's basically an insult to anyone that has a premium domain to even post a request like that, not to mention one's own lack of knowledge and market value of domains to request such. Definitely a quick clue whom to not waste time interacting with, or of those that are totally new and/or have no idea of 'domaining'.

 

[cocaseco]

Honestly, if you want top dollar for your domain, you shouldn't be selling them here. This is a wholesale marketplace and the users expect wholesale prices. Want top dollar, then you need end users, and for the most part this isn't the best place to find them. Yes, there are exceptions.

 

[Ali]

This is a wholesale marketplace and the users expect wholesale prices. Want top dollar, then you need end users, and for the most part this isn't the best place to find them. Yes, there are exceptions.

There is a difference between expecting top dollar for your domain on a forum and being offered fair wholesale value. When someone lists a premium domain name on a forum, more often than not, they aren't expecting enduser pricing. At least that's the case for me.

I think what the OP is stating is when someone posts a domain request they should have a reasonable wholesale value as their budget. I've seen posts where people are wanting LLL.com's for $2,500. That is not fair wholesale value... or when someone who wants a 20 year aged, super premium one word .com with 100,000+ exact searches a month with only a $2,000 budget, not going to happen.

There are a lot of people on the forum who are willing to sell their domains for fair wholesale value, so in all fairness, whoever posts a domain request should understand what the current fair wholesale pricing is for the specific domain name they are seeking. That can also be said by those who are offering their domain names for sale. So you are right when you say:

if you want top dollar for your domain, you shouldn't be selling them here.

Seller's should also be just as conscious of the wholesale value of their domain names.

 

[S-B]

Everything about a domain negotiation is trickery. From using ghost eMail addresses to making a low ball offer of $250 USD, but being willing to pay $40k for a domain.

+1

Sellers start high and buyers start low.

 

[Kate]

Domainers like to talk about the need to 'educate' end users, but they could do with some education.

 

[garptrader]

While I agree responses which don't meet a buyer's criteria are inappropriate, I also believe buyers with ridiculous budgets should have their posts flagged so that they must either make the appropriate adjustments or not waste forum space. I'd like to buy a condo on a South Florida beach for $1.

 

[equity78]

The point was about Domains Wanted Threads, you are right you can't list names for sale at end user pricing, I think Biggie was talking about people not having realistic pricing for wholesale liquid names.

Domain wanted thread, "I am looking for a CVCV.com $200 budget" Yeah that's unrealistic.

"Looking for an LLL.com no Q,Z,X or V $5,000 budget" Again not reasonable at wholesale.

I get if someone has a small project looking for a brandable or two word name with $200 budget,they know they are not going to get a premium name they just want a decent name someone might want to sell.

Budgets are also fun to list, no one knows anyone here as far as their finances, so some people list a bigger budget because someone can't prove they don't have a $10,000 budget. Others have pointed out what Biggie did, $10,000 budget submit a name within that range say $6,000 and the name matches the requirements and they come back with $200.

 

[equity78]

One of the funniest threads I remember and this goes back years, it actually had me stop going to Domains Wanted for years, member lists a thread and his request, and you how sometimes people give examples, I am looking for Color + Object, like RedDog or PurpleCat.

Well I had one of the exact names in .com that he used as an example, I think cool here is a sale, I am going to offer it lower than his max budget, no problem.

The guy never replied to my pm but posted in the thread " still haven't found anything" That was the day I was like this is Comedy Central, I sent the exact name he mentioned. Classic comedy.

 

[DomainVP]

And there's people replying to the thread. That's the more interesting thing I find.

Probably with the following:

Hey, I know you were looking for 3L and 4L's but how about some of these fantastic 7C's (hd2d1e4.com) for $400 each.

 

[Kate]

Sellers overestimate the value of their domains, while buyers are uneducated.
Both are typically broke

 

[DomainVP]

also, it's trickery to post that you got $10k budget for the right name, but every offer you make on a qualified submission is only $250

I hear you... and I agree with you, but you cant expect there to be honor among sharks.

Everyone wants a phenomenal deal, and the bottom line is paramount.

Everything about a domain negotiation is trickery. From using ghost eMail addresses to making a low ball offer of $250 USD, but being willing to pay $40k for a domain.

It's all a cat and mouse game; whoever has the most patience, and fortitude, wins.

When you sell a $10k domain that you bought from someone for $200 and they were asking $1500... well... that's life.

 

[iowadawg]

ANd people gripe when I bring up these same points?

 

[equity78]

seen a few threads in domains wanted section lately with decent budgets,

but there are still plenty of posts where the budget is too low for the criteria and type of domain requested.

if you want quality, you gotta pay for it

imo...

You actually can't just play the budget Don, some have realized to see more names and to not be called out by pros like yourself, they set the budget at a number they wish they had in their bank account. I get complaints as a mod where people think we can do something,

"Equity budget was $500 to $10,000 so I sent 3 names at $8,000 and he offered $100 for one of my names"

Ok well without knowing the names submitted, I don't know if it was reasonable, the fact that the budget high is $10,000 doesn't mean every name.

Look I think that budget too wide, a buyer looking for a $10,000 name probably is not looking for something that is worth $500. Again there are a lot of games played. @Eric Lyon has done a good job along with the help of mods of cleaning up that section, which I sometimes think rivals Comedy Central, "I got $1,000 for an LLL.com, I know I am low but you never know" Yeah we do know.

I think now some people put up bigger budgets too look like a player, no one knows if they bought anything, just post, "Closed three deals keep them coming" Maybe they did, maybe they didn't.

Years ago someone who left here a long time ago told me he used Domains wanted to source ideas, had no intention of buying anything, but maybe someone submitted a name they liked and they searched for alternatives that were free to hand reg.

There are a lot of agendas going on in the craziest section of any domain forum.

 

[Asfas1000]

bout a year and a half has passed since last post


see any changes with the budgets?

Yes, they are smaller now

 

[disaac81]

I get bored of low ball offers these days too

 

[DomainVP]

Call me a dreamer but I expect it and I don't see why we should refer to our industry as a world of sharks and contribute to make it such place. I follow my moral and try to treat others the way I would like to be treated...is it so hard to apply? I don't think so.

Once, someone much more famous than me said something like " Be the change you want to see in the world " ; can't we simply work to make this industry a better, safer, more honourable and more enjoyable place?

I had a family member lose everything because he was a 'good guy'. Once a millionaire, they invested their money and made a fortune ($100mil+) that was swindled by the lawyers and estate managers that he trusted. He died bankrupt.

Being a good person has absolutely nothing to do with business, and as much as a 'hobby' as this can be for some, for others this is business.

I'm a good guy, I treat people how I want to be treated, and I will go out of my way for others from time to time.

When it comes to business and money, it's either me or you. Unless we enter an agreed upon contract, then its us versus them.

It might sound a bit frigid, but when I can retire and my future grand children have their educations paid for; then we can maybe take a group trip to Benihana's and talk about how beautiful the lyrics of John Lennon are.

Off to buy a lottery ticket... because now I am craving shrimp and sushi!

 

[equity78]

@DomainVP you make valid points in negotiations, but when you post a domains wanted thread and you make yourself look foolish or out of touch with the reseller market it can cost you other business.

over the years members here in private have told me they blocked people who posted outrageous pricing, they refused to do business with them on other stuff.

If you want to negotiate, get the best deal that's fine, just don't make yourself look like a fool with" I got $20,000 looking for a LL.com any letter combo is fine."

Now it does work both ways can't be a seller who sees the person said $5,000 budget per name and send a recent handreg at $5,000. Up to $5,000 per name does not mean $5,000 for every name.

 

[biggie]

This may be applicable when one is looking for a 'mediocre' domain, but those that want lll.coms for $2500 or so, or a one or two word 'premium' domain either are domaining naive, outright cheap, or crooks/cons plain and simple. The benchmarks for these types of domains can be found 'everywhere' daily in all the various blogs, forums or sales report sites, which every 'domainer' reads (or should) daily. So there's 'no excuse' of an 'inability to gauge value' for these types of domains. It's quite obvious what type of 'domainer' are those that make these types of requests... "L"

i agree hawkeye, that the "benchmarks" are evident across the spectrum of domain publications and as much as they are promoted, one should be aware.

It's not really any different to the pawn shop model or the "we will buy your gold/car/house etc for cash" business. Turning domains into a smaller amount of cash than they are worth quickly appeals to some sellers and you don't have to be a domaining veteran or a rocket scientist to know that anybody posting WTB price ranges in that forum will always try and deal at the very lowest end of the market because as soon as you contact them, the balance of power shifts to them and you either have to accept whatever lowball they offer or decline and work a bit harder to sell your domain.

Hi Paully

to me the pawn shop model isn't applicable for or to, all domainers. as it implies a sense of "desperation to liquidate" an asset.

as those who are willing to wait for the right offer" will still maintain the same leverage advantage, if any, even when submitting names to WTB requests.
but that too, depends on each individual domainers' ability to sustain, without selling.

there is also a difference between trying to deal at the "lowest end of the market" for a particular domain or category versus trying to deal at a "budget range" that is below market value for those particulars.

imo....

 

[biggie]

i agree with @equity78 , when he says some people post budgets that they have no intention of paying and that some are just fishing for ideas.

i think if you create a thread in domains wanted, then you should be willing to pay at least market range prices.

and the more you structure your request with specific criteria, the more you should be willing to pay for those selective names.

it's the same philosophy a seller would assume, should they be approached by a potential.


imo...

 

[Sinfully Wicked]

had to "up" this thread, because.......


while browsing dn wanted section, i noticed thread seeking 3L.com and 4L.com
so i peeped in to check

posted budget for this request is less than $3k per name

with a total budget of less than $6k


imo....

And there's people replying to the thread. That's the more interesting thing I find.

 

[NameOmnia]

Personally I find the mentioned behaviours reprehensible; not only they really annoy sellers but they bring this whole forum down by diminishing its value as a professional place for domainers.

Too many times I have received ridiculous offers and when I called the potential buyers out they became aggressive and offensive. I have received offers in the xx for names like cday so I am not talking thin air here; I am a reasonable person who expects reasonable ( wholeseller ) offers/prices.

There are some specific " buyers " ( Chinese...sorry guys ) who say they have xx.xxx to spend on LLLL without the well known letters..well I have never been offered more than low xxx; called them out again and never heard back from any of them. How professional.

I have seen people wanting CVCVs ( possibly without Y ) for xx...people...ARE WE SERIOUS?

I also find incredibly annoying when people use the sentence " I am a reseller and I am paying reseller prices " just to put an unreasonably low offer on the table. Sometimes I wonder if those individuals are aware that we all know something about domaining here and that we are not stupid ( well some are, that's true ).

I wish the forum would flag or take actions against those people. Something like : if you post unreasonable WTB budgets your post is flagged and you can't post in that section for an x period of time, or some of your badges are taken away ( also considered that they seem to be given away like candies lately.. ). Something should be done, at least this is my opinion.

I have made sales here on NP, quite a few to be honest as there are colleagues who are serious professionals and understand reasonable wholeseller prices; those are the people I would like to see on this forum and that I would like to deal with.

 

[silentg]

You can always tell them .onl or .xyz version is available to register when they send a low ball offer.

 

[Name Trader]

I think the WTB thread is totally debased with all these low-ball offers. There used to be a time when I would visit the WTB forum, and have both bought and sold domains there. But not any more, because it's totally debased. Something should be done about it. But I don't have any good suggestions on how to clean it up.

 

[forge]

If the budgets/expectations are wildly unrealistic, then just ignore them. It's not worth getting bent out of shape over.

The talk about "enforcement" or "penalties" for such behavior, however, is just ridiculous.