I get quite a few unsolicited domain purchase inquiries. Many of them come as a result of the Voodoo.com sales form, others are sent presumably after finding my email address via Whois search, and others are sent directly from contact forms on my websites (like SHS.com and even DogWalker.com).
Generally speaking, I will reply to inquiries by asking the potential buyer to submit his or her best offer, or tell them the domain name is not for sale in the case of SHS.com inquiries and inquiries to my developed websites.
Lately, I’ve been finding that many people don’t even respond to my email replies that say something to the affect of “Feel free to submit your best offer for consideration.” I guess many people have no idea how much a domain name is worth and don’t bother submitting an offer.
I know there are people who will always price their domain names in response to inquiries, but I generally don’t. I prefer to let them make the opening offer so I can gauge whether they’re a buyer who will pay what I want or someone who will waste my time. It also gives me more of a negotiating advantage, and I don’t have to set a price, which establishes a ceiling. Needless to say, if they aren’t responding to my email reply, the deal is done regardless of who they are.
How do you respond to offers, and how has that been working for you?