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.