I received an interesting purchase inquiry for one of my domain names this week. The buyer made an offer, which was more than the typical $100 or $500 offers that I regularly receive, but it was not close to what I believe the domain name is worth. I gave a standard reply that the offer would need to be six figures to be considered serious.
In response, the prospect passed on submitting an offer and told me that he previously owned my domain name and his offer was based on what he paid to acquire it a couple of owners ago. Here’s how I responded to that: