Sale sabotage (1 Viewing)

  • Topic Starter rlm
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rlm

Bonfire.ca
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Ok, so I just probably sabotaged any sale potential on one of my domains, but I had an inquiry, quoted a price and then got the non-profit baloney response.

Here was my response:

Hi <firstname>,

No problem. No harm in asking a price and I wish you the best of luck.

Okay - I can't bite my tongue. Your non-profit comment strikes me as disingenuous.

I have your annual report. In fact, it shows over $10M in salaries paid in 2022. Clearly someone there is profiting from your non-profit.

Furthermore, your 2022 budget for Advertising and Promotion was $1.25M but actual expenses were under $200K. That leaves your Advertising budget from 2022 with a $1M surplus. I think I've just found you a spare $25K to make the purchase.

Bottom line, this is a fair price for this one-of-a-kind domain name. If I were trying to screw you, I'd be asking 6-figures. I routinely sell domain names in this price range and much higher. I've bought and sold many domains for 6 figures, and that's just me, a one-man company. You have $30M in annual revenues. Your association represents 15,000 members so that works out to a one time price of $1.67 per member.

So feel free to say that you've simply decided against the purchase. That's not a problem at all and I'll respect your decision 100%.

Just don't tell me you're a non-profit and act as if you can't afford it, I'm not stupid. Non-profits like to throw that term around like they are some charity or something. It's time to knock that habit off. Mother Theresa you're not, so please don't try and pretend you are.

In any case, I understand my rant is probably going to nullify any chance of actually selling you the domain, but I hope you understand where I'm coming from.

In any case, I do truly wish you the best of luck and a great day. Just please try to avoid pulling the non-profit card in the future - it sullies the overall image of non-profits that actually do good and aren't so self-serving.

Best Regards,


OK, so that was probably the stupidest inquiry response ever sent. The cost of this domain is $25K, but sometimes venting is priceless.
 
Good job. Someone has to call out these types.

I wouldn't be surprised if they reconsidered because you're not wrong.
 
They likely weren't going to buy it anyway (non-profits seem to have a sense of entitlement that borders on lunacy) so your response was more than worth it.

Loved this part as it clearly outlines their insane hypocrisy:

Furthermore, your 2022 budget for Advertising and Promotion was $1.25M but actual expenses were under $200K. That leaves your Advertising budget from 2022 with a $1M surplus. I think I've just found you a spare $25K to make the purchase.
 
How many meetings did they have to decide on this name? Something tells me they'll be back.
Who knows. Maybe, maybe not... Whatevs.
 
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Only @rlm can do this. Or may be there are others too here. But definitely a @rlm tone and taste in every line. Good for you and bravo!! Sometimes one needs a kick in the *** to come to senses. I am pretty sure this letter did that.
 
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Sometimes the board of directors of a "non-profit" have a commercial background, so I think it's easier communication with them, as they can relate better to entrepreneurs.

It's the "lifers" that tend to feel the sense of entitlement.
 
Sometimes the board of directors of a "non-profit" have a commercial background, so I think it's easier communication with them, as they can relate better to entrepreneurs.

It's the "lifers" that tend to feel the sense of entitlement.

In this case, this was a Real Estate Board for a very large municipality, They're a member funded professional organization without charitable status, therefore they don't have to publicly report things like CEO salaries, etc... They're entirely self-serving, not charitable.
 
What a great read for this morning.

We can edit all the values out and use this as a form reply letter to non-profits. ;)
 
There's a chance they'll respect your level headed rebuttal as being so true and honest, that they'll buy the domain.

Jim Carrey Chance GIF
 
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There's a chance they'll respect your level headed rebuttal as being so true and honest, that they'll buy the domain.

Jim Carrey Chance GIF
I highly doubt it. But I did kinda remove myself from any future negotiation by changing the landing page to a buy-now via escrow.com page. This way they don't have to contact me at all, maybe that'll increase the odds a tiny bit.
 
I'm joining you in land of "Giving the Finger" - I got multiple 4-figure offers today and instead of being conciliatory, I cranked up my sell price and just hit Decline on any counters.

I think I'm going to be a bad-ass in August, even if it means not selling anything for another month. Screw it!

he-man-i-have-the-power.gif
 
Oddly, I've sold many domains where after years of a domain sitting at one price, I decided to just double the asking price and then a year later it sells.
 
I just rejected an offer from a "Non Profit" today. Seems like a pattern going on here and wondering if the buyers have all ganged up and decided to chime in that "Not for Profit" "Non Profit" slogan. Wonder if someone in one of the podcasts mentioned how they bought a domain 70% less than the asking price, using the non profit slogan. Just throwing that in.
 
George's random thought of the day:

1691256530841.png
 

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