Many Factors Go Into My Response to Purchase Inquiries

I have several templates I have crafted to respond to purchase inquiries. These templates vary based on the type of domain name. For instance, inventory-quality domain names have a pretty standard response but higher value domain names are more custom tailored based on the domain name and my history with it.

I change up my templates from time to time to modify them as needed. When responding to purchase inquiries and having subsequent discussions about my domain names, there are many factors that play a role in how I respond to a purchase inquiry.

Some of these factors are hard factors. They are sort of set in stone based on things that don’t change. Other factors are variable and can change based on the current situation. Here are some of the many factors that play a role into how I respond to an inquiry or offer.

  • Acquisition price
  • Comparable sales
  • Interest in the particular domain name over time
  • Business performance – have things been great, good or bad?
  • How I am feeling that day
  • Who is inquiring about the domain name
  • Attitude of person inquiring
  • Amount of offer submitted

The best approach a buyer can make when trying to buy one of my domain names is to be transparent about who they are and make an offer that is at least in the very general ballpark of a domain name’s valuation.

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

5 COMMENTS

  1. “how I respond to an inquiry or offer”
    You got money we talk
    You got no money go F off
    Money is what we talk about.

    No need to go through your psycho analysis emotional state of mind crap…. money is the motivation of communication
    Easy peasy

  2. One of my favorites:

    “Sorry it’s not for sale.”

    “Sorry” only in the sense of “polite regret” and letting them know, not apology.

  3. “Who is inquiring about the domain name”

    as I said many zalilion times, the person inquiring the domain is someone who knows who you are and most probably someone close to you and backstabbing you.

    “Keep your friends close and your enemies closer”

  4. I keep a target price in mind per the domain inquired about and give a standard professional response. In the past I have had organisations assign one of their tech guys asking from a gmail account in the middle of the night as not to tip off who they and how deep their pockets may be. I prefer dealing with people that shoot straight and more likely to negotiate.

  5. The price is firm. I’m sorry can’t match your expectations.
    Having class and being polite go hand in hand. It is never too late to apply it. It is profitable and above all, free.

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