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.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

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