This will be the warmest TBR of the year
I think there is really something wrong with the world right now.
I recently got an impromptu offer on a premium 1-word domain from a real broker/rep at a real media company of significant size (I requested to email him back at his corporate address to confirm - plus the phone number jived), and get this, once we get into it, he says his client is prepared to pay $300 and no more.
WTF? Why did he set up a meeting for this ultimate lowball? How in the world is this "client" (if he or she even exists - front-runner alert!) paying their rather-significant bills to a large media/advertising company and then have the gall to offer $300 max, and in CAD, on a premium I've received multiple 4-figure offers on (holding out for low-5).
The "company" (again, if it even exists) probably spent more than $300 in hourly rates to get this nimrod to contact and (cough) negotiate with me. And this broker/media rep must be an absolute genius to think this is a viable offer. It's more likely the rep is front-running on an existing client and trying to make money off both ends.
I essentially told him to screw off and not to waste my valuable time by bothering me again - I am auto-deleting any further email from this hammerhead that doesn't have a firm offer of $10K or more. I swear there is a huge group of people out there getting paid to do nothing but irritate me and waste my time.
This just solidifies my resolve to take October off and not respond to anything that isn't at or above my sell range. No more counters, no more negotiations without a firm offer, and no more setting up very-specific times for phone meetings with company reps only to have these retards offer a few hundred dollars.
You really can't lose your cool over stuff like that. Laugh about it for sure, but don't let it get under your skin. If you want hassle free negotiations, just tell them what you want right from the start and that its non-negotiable. Easy Peasy. If you want to wait for offers and then haggle? Well then you get what you ask for... Sure it is frustrating, but it comes with the territory if you're doing the make-an-offer thing.
I’ve been in this business a long time. I haven’t had one reason to ever attend any meeting regarding a domain name sale. All my communication is done by email and there’s never a need for anything else. I’ve done very large transactions with big businesses and never has one wanted to speak on the telephone or attend a meeting. Sounds like a bunch of nonsense to me.
I’ve been in this business a long time. I haven’t had one reason to ever attend any meeting regarding a domain name sale. All my communication is done by email and there’s never a need for anything else. I’ve done very large transactions with big businesses and never has one wanted to speak on the telephone or attend a meeting. Sounds like a bunch of nonsense to me.
So I have scheduled meetings via phone with potential clients but I also provide a full array of contact options on my website which invites that.
Just the kind of reply I'd expect from you.
You've never ever had a phone meeting with a potential corporate buyer in your entire life? Based on your "I only sell for $15K or higher" statements I find that impossible to believe, because at a certain price level, most corporations want to talk over financial stuff (escrow, payment types, timing), or potential agreements and contracts, get IT involved with transfers and site changes, etc.
These guys are not going to just "toss you $20K and hope for the best". That's not how they got to be in charge of a business.
I have been part of 3 conference calls for sales in the last year and all have resulted in significant sales, and the last one involved me talking to a high-up executive about pricing and escrow, and then being turned over to IT to go through the actual transfer details and timing. The last IT guy couldn't stop talking about the price and "how he'd never pay that much" - that's why you're not running the company buddy.
I had a few inquiries a couple of weeks back on a domain and I declined the low ball offers. My cell phone rang and I was with a client so I was not able to answer it. The phone rang 3 more times that day and it was the ceo of a startup wanting one of my better domains. We scheduled more calls etc and eventually he understood that he would not get the domain cheaply. He did not seem turned of by that and simply stated he needed to talk to his share holders.
So I have scheduled meetings via phone with potential clients but I also provide a full array of contact options on my website which invites that.
Clearly you are clueless. I’ve had transactions with Amazon, GM etc. All of them went through without a single phone call. All email. Keep pretending as if you know it all.
I don’t doubt you will get phone calls if you publish that info. When someone wants a domain and the only method of contact is by email and you keep it that way I assure you it will remain that way. I’ve never had one person say they will only complete transaction by phone or that they have to discuss with me over the phone. It just doesn’t happen. Plus I want a record of every conversation. It has worked for me the last 25+ years.