What is the biggest .ca offer you ever turned down? (1.Viewing)

Of course every big sale required a lot of turned down offers to get to the final sale price, so those are too many to even count or think about.

A better clarification would be, what was the biggest offer you turned down that didn't end up in a sale, and, did you regret it? I'll have to put some thought into that one.

I had an 8500 CAD offer a couple weeks ago that I kinda regret. The buyer was so pissed off he changed his mind, called me a few choice words and something about karma. I wasn't going to entertain that kind of behavior any further. But I could have just accepted the 8500 and been OK with the sale. But I still have a great domain, he still has his $8500.
 
OK, this isn't the largest .ca offer I've turned down, but here's a domain sale story that ties in with this topic and another current topic and new member, [notify]McDuke[/notify] .

So this is one of those where I didn't set a price and I had to turn down offer after offer, starting at like a couple thousand, but eventually I said yes. This was my one and only cannabis related domain story, the memories of which were triggered because I just finished watching the movie, The Old Guard. In it there's a scene where they're in the medina of Marrakech, Morocco (their 1000 year old market), negotiating a deal. It will make more sense at the end.

So here's the story. I had been turning down offers on the domain Edibles, which were slowly escalating over several months from a single bidder. This wasn't a cannabis related company either. I knew who it was despite his attempt to communicate through his girlfriend's account. Unfortunately for him, I guess he didn't realize his affairs were so public. Thank you Google. Anyway, so I thought I should really do some research in this cannabis industry before I seriously consider selling it, so I went to the 2018 Lift cannabis conference in Vancouver. Pretty big conference. I talked to _every_ company there about Edibles.ca. I even made business cards with the domain on it. Not a single person thought it was worth more than a few thousand dollars. Can you believe that? I ended up selling it just 2 months later for low $6-fig to this non-cannabis company. I had picked it up in TBR for under $500 less than two years prior too. So as much as I was in love with the domain, I just had to remind myself that 6-fig offers are fairly rare in .CA, so just take the profit and move on. Some will think it was potentially worth way more and I would agree. And if I had any experience or desire to really be in that industry, I would've kept it. But in the end, I was happy with the sale because I've reinvested it in what I know. But I'll always remember that sale because we were on a family vacation and I closed the deal sitting in a beautiful riad, right in the middle of that market in Marrakech. It ended up being a more memorable trip than I had anticipated!

BTW, [notify]domains[/notify], the last offer that I turned down was the then equivalent to $99,000 CAD.
 
Great story! Also a great domain, if I was watching you wouldnt have gotten it for 500$ :)

I also have talked to many of the companies in the sector about domains and they are clueless on their potential.

This also reinforces my thoughts on a project I'm building out that edibles,ca wont be able to compete with.

What a cool industry! It offers creatives an avenue with limitless potential.

:)
 

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