There are many schools of thought on how quickly to respond to an inbound offer or inquiry. Some people like to respond while the offer is fresh so the prospect doesn’t find something else or have second thoughts. Others prefer to hold out on their response so the prospect doesn’t think the seller is desperate. Some people don’t even respond to offers and may only respond after the prospect makes multiple offers. This can show just how desperate a prospective buyer is.
I would not consider myself an expert negotiator, but I typically respond quickly. I want to make sure the buyer doesn’t lose interest in the domain name and I like a strong deal flow. If the offer isn’t strong enough, my response time may slow down.
How quickly do you respond to offers and inquiries? What is your rationale for your response time?