Ask Platforms to Reconnect on Failed Deals

I’ve had many agreed upon deals die at the finish line. The buyer agreed to purchase a domain name – sometimes after a lengthy discussion – and then poof – they ghosted. Multiple reminder emails go unanswered, and the domain name is back on the market for sale.

One thing you can do – which I have done – is ask a representative from the marketplace / platform to personally connect with the buyer after the deal failed to try and get the deal closed. I am sure platforms like Dan and Sedo make multiple outreach efforts to close a deal shortly after it has been agreed upon, but following-up at a later date is also a good idea.

I recently provided a short list of failed deals to a contact at Dan. I gave the domain name, agreed upon sale price, and buyer’s name, and I asked to have those people contacted in an effort to close a deal. Dan.com reached out to try and close these deals, but it wasn’t fruitful.

I don’t see any negative aspect to this type of outreach. Perhaps the buyer had financial issues or something came up that prevented a sale from occurring. the domain name may have fallen off the radar, but the situation has changed months later.

The close rate on this type of follow-up would probably be pretty low, but I think it’s worth a shot.