Negotiating Too Hard on a Domain Name Sale

We’ve all been there before. Your asking price out of the gate is much higher than a buyer is willing to spend. Maybe you’re on point with your price, and maybe you’re out of your mind. Whatever the case is, the domain name doesn’t get sold and remains in your portfolio for a long time.

Tony shared the YouTube Short video below we can all relate to. A prospective buyer offers too little for a domain name while the asking price is sky high. Needless to say, the two parties go separate ways and the domain name is still for sale, with an asking price below the original offer:

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

2 COMMENTS

  1. If you are the seller and in need of money then that your weakest link
    If you don’t need the money and have the patience,then you have the leverage and the upper hand

    For the buyer….F@@@it. Pay up if you want the domain

    Simple as that… human psychology

    • You forgot another aspect of human psychology – “This is my best offer. If you don’t accept it that’s fine, no ill feelings, I’ll just walk away and not buy it.” And then you never hear from them again. I’ve done that before because I simply am not willing to pay more, there are limits. I’ve also seen that the domain/s have not only not sold but not had a single offer again for nearly 2 decades. I doubt they will ever sell. No sweat.

      With all due respect, your point of view is very one-sided.

      And for the seller: pay up yearly to hold a domain which may never sell, because that potential buyer will pay whatever you think it’s worth… pffft.

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