Domain investors take varying amounts of time when responding to a purchase inquiry or offer. Some people feel that responding quickly can yield better results and others believe waiting to respond to an offer for a certain amount of time can yield better results. I’m not a sales expert, so I’ve sort of done what feels right to me.

When I receive an offer to buy one of my domain names, I tend to respond quickly. I have felt that when a person submits an offer or inquires about a domain name, they are either ready to buy or on a recognizance mission to get pricing data. I don’t really like the idea of waiting to reply for the purpose of waiting.

Last week before going on a quick family trip, I received a $1,000 offer to buy one of my domain names via Dan.com. I proposed a counteroffer to the prospective buyer, and he quickly declined. Because there was enough margin, I proposed a slightly better offer and did not hear back. I also increased the minimum offer amount just to just below the amount I proposed since that was the best deal I would give.

When I did not hear back after a couple of days, I retracted my offer. I kept the minimum offer the same and figured the prospective buyer might come back.

I believe Andrew Allemann was the first to write about MessageBird’s private acquisition of the Bird.com domain name in an article on Domain Name Wire. The domain name sale came after a seven figure auction sale apparently fell through. Andrew did not mention the sale price of Bird.com, but he did mention the deal was brokered by Right of the Dot.

Last week, Robin Wauters of Tech.eu published an article about the domain name acquisition. In the article, he shared a tidbit about how much may have been paid to acquire the Bird.com domain name:

Waldo is a startup that allows its users to “create reliable automated mobile tests with the world’s first no-code testing platform.” Earlier today, Waldo announced a $15 million round of funding on its company blog. The company was founded in 2018, and it has been using the Waldo.io domain name for its website. Here’s what the company shared today:

“Today, I am proud to announce that Waldo closed a $15M Series A round led by Joshua Zelman at Insight Partners with the participation of Matrix Partners and First Round Capital. Also joining us in this round Nicolas Dessaigne (Founder of Algolia), Ben Porterfield (Co-founder of Looker), Tyler Gaffney (CEO of Zenhub) and Keenan Rice (GM at Firebolt).”

Last year, I took down the “Make Offer” option on most of my Dan.com listings. Perhaps because many of my names might be considered overpriced to some extent, it didn’t lead to more BIN sales as I hoped. I put back the “Make Offer” option late last year because I enjoy the back and forth of a negotiation on a 4 figure name as much as on a 6 figure name.

More often than not, I price a domain name when I acquire it and don’t make adjustments on a regular basis. If I bought an expiry auction name for $250 and list it on Dan.com with a $3,999 asking price, I don’t tend to make price adjustments very often across the portfolio. Yeah, I might leave money on the table if a name becomes in demand and I haven’t repriced it in a while, but making a solid profit on replaceable inventory is fine with me.