Experiment (3.Viewing)

So to try and help seed some conversation here, I thought lets try an experiment.

I received an inquiry last week on a 2-word domain [domain redacted], we've been negotiating back and forth, but haven't agreed yet, but maybe close. Both sides have said our final offer, but we're still apart.

So does anyone want to throw out an opinion on a fair end-user valuation or guess what it will sell for (that is if we agree to a sale?)

Two words, what would it sell for?
I'd probably say around $2500

Mobile care is going to be big with the elderly and medical.

Any domainer worth a hill of beans would ask at least 10 thousand to an end user.

I would say high x,xxx. So anywhere between $7500 and $9999. But it’s RLM so you will get about $500K.

HeHe, rlm knows the power of no.

It's the same thing Rick Schwartz (Domain King) always says...

A good domainer is the one that can say no to a high offer.

Haha, yes, saying no and being willing to walk away is absolutely key to making big sales. But that comes with a big reality-check caveat. You have to know who your buyer is, understand what its worth to them, guess what they can realistically afford, and then estimate your odds at getting a better offer in the future on that particular domain.

In this case, its pretty much a dime-a-dozen domain to me. Sure I like it, but it really means nothing to me. So making a sale happen is probably the smart thing to do in this case. But the principle of getting my price is getting in the way. I've come down a little from my initial ask. They've come up a bunch, then I came down a bit more, but drew the line in the sand and said that's it. They came up again, but $1K short of my line. That offer was last Sunday. Since I drew the line in the sand and they didn't meet it, I haven't even responded yet to their $1K short offer. They haven't followed up either. Just crickets from both sides. BTW - Nafti's guess is right on with what I was thinking too. My initial price was $9500 CAD.

I think what I'm going to do is follow up tomorrow and just send them my invoice at my line-in-the-sand price and either they can pay it or not. I probably should've take that approach immediately after their last offer, as I find that tactic often works well. But I was sort of being stubborn, disinterested and busy with other things this week. We'll see what happens.