Summer Doldrums & Winter Blues (4 Viewing)

domains said:
had one negotiation recently, it ended at my ask of $4500 US and their offer of $2250 US for a one word .ca.

we're now in the stage where it's been a few days and I'll see if they come back or not.
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With them coming in at 50% of your ask, it sounds to me like they're negotiating just for the sake of negotiation. I'd bet they can pay, they're just assuming you'll cave. And for a 1-word? I think you're under-pricing. Offer a payment plan for 12 months. It shows you're trying to help them and work with them, but that you know the value of the domain and aren't willing to budge on that price.
 
rlm said:
And for a 1-word? I think you're under-pricing.
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That depends on the word. There are some crappyass words out there.

rlm said:
Offer a payment plan for 12 months. It shows you're trying to help them and work with them, but that you know the value of the domain and aren't willing to budge on that price.
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And if that doesn't work, then the best thing to do is just forget about it and move on. Any serious buyer will come back to the table, and if not, then they were never going to hit your price anyway.
 
DomainRecap said:
That depends on the word. There are some crappyass words out there.
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I've sold some crappyass words for 5 figures.

DomainRecap said:
And if that doesn't work, then the best thing to do is just forget about it and move on. Any serious buyer will come back to the table, and if not, then they were never going to hit your price anyway.
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It seems they're serious enough to offer around $3K CAD, so they're not total idiots. I think this just requires patience, and maybe even some sales pitch to make them understand the long term value of the domain, the credibility the domain brings, and that the $6K price is truly a bargain for any real business, especially so for any business that does advertising of any sort.
 
I did offer monthly payments option, and they seem to be in the tech space so should have an idea about domain value, but their limit is their 'budget' so they say. I'm happy to wait and see if they come back with something.
 
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I have some friends who work in the HQ of some major retailers and the scuttlebutt is that virtually no one is buying anything non-essential.

Clothing is one of the hardest hit along with electronics and toys, and any remotely-luxury items are dead in the water. It's really come down to "food and rent/mortgage" for most people, along with repairing or replacing essential items like cars or appliances.

As a retailer, if you don't sell food items, then your Q1 results might not be so good, and this carries over to things like domains. January was nice, but February and March were a dead zone.

People look at the economic indicators and laughingly call Canada a 3rd-world nation, but at this rate (especially if the Libs get another term). we'll be there before you know it.
 
feels that way but every week there are still good domain sales posted, though mostly .com .ai and some Swetha .xyz's. If a company has to be launching something new or you even get new companies starting in down times by people who've lost jobs, that still creates some demand. But I think like you say, existing companies that can maintain the status quo and just hunker down are probably doing so in Canada right now.

As for politics, disastrous Liberal policies are partly what have got Canada to this economic point, and it seems they are just doubling down on these same policies and gaslighting us. I just read that Doug Ford said that either the carbon tax has to go, or Trudeau will have to go. Recent polls show that if an election was held today the Liberals would get crushed, unless there is an economic miracle I don't think they will be able to turn that around.
 
The carbon tax went up again on Monday, haven't seen what the gas price is yet in my town, and at least my natural gas use is going down now that winter has passed, so the carbon tax hit on that won't be so great, but more than at this time last year. Imagine a government raising taxes in this economic environment and not expecting any blowback from the population.
 
Don't count the Liberals out so soon - look at the last election - Blackface, scandals, payolo schemes, etc. and Trudeau still made it.

The worst part is that he's now spending money like a drunken sailor to social programs, provinces, special interest, etc. to build up the vote, and win or lose, Canada will probably be officially bankrupt by the time the election rolls around.

Then Trudeau can either win another term and really screw the country hard, or lose and take ill-gotten booty to live in Switzerland or wherever he runs off to. One thing is for certain, with the irreparable damage Trudeau has done to Canada, he's not planning on staying here over the long term. This country is "scorched earth" to him, and because of him.
 
I think the difference this time is the economic conditions are much poorer, high inflation has raised everyone's costs, his policies have led to too high immigration and driven up housing costs, and last time he used covid/vaccine fears to divide the country - and people are much more aware about that now. The Liberals have been in power going into 9 or 10 years now, which is about the time the population gets tired and wants a change anyway. I'm pretty sure the pendulum will swing, barring some miracle. I don't think a tweet from Obama will save him this time.
 
I'm sure you all know about my not-so-secret addiction to the unsellable "First Name + S" .ca domains.... but amazingly I thought I actually sold one this week, and while it was a low price, that's about par for the course with this kind of crap.

But guess what, the supposed buyer didn't pay and the transaction got cancelled. :rolleyes:
 
Had an offer at Dan for an LNN.org of $1500 US, countered with higher and they claimed its for a non-profit and that's their limit.

Had another inquiry for a 'CityRealty'.com in Canada, offered $1500 CAD and I countered $1900. they'll let me know if they decide to go ahead.

So some life showing up, but not in .ca for me.
 
domains said:
Had another inquiry for a 'CityRealty'.com in Canada, offered $1500 CAD and I countered $1900. they'll let me know if they decide to go ahead.
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I would not sell it that low, the keyword City is wildly popular, in this case the domain has way more value than that, especially for a .com.
 
MapleDots said:
I would not sell it that low, the keyword City is wildly popular, in this case the domain has way more value than that, especially for a .com.
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By 'City', I mean an actual city in BC, in the lower mainland area.

Sometimes I feel like I should just take some of these offers, but it's hard to part with domains when I think the price offered is too low!
 
Realtors on average are about cheap as you can get. But the few who get it are willing to pay reasonably well. I just checked my records and my .ca sales in that category average $10K. I'd say if its not a super great domain and you need to make a sale, then make the sale (you probably have plenty of other domains to still sit on anyways). This is probably more true when a domain is limited to a specific market (like any {city}{word} domain). If they were willing to go $1500 then they'd be morons to not pay $1900, so hopefully your sale goes through!
 
rlm said:
Realtors on average are about cheap as you can get.
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And if you have any stock of First Name domains, then you'll run into a lot of them.

And yes, they're as cheap as dirt.
 
domains said:
By 'City', I mean an actual city in BC, in the lower mainland area.
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Then put the Variable word in brackets or quotes (like you just did above) or something like City+Realty.com because the way you did it, there was only one way to read it.

I literally thought "Who in the heck would sell CityRealtor.com for $1900 and what company is stupid enough to not buy it for $1900?"
 
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