Someone from the industry reached out to me early this year offering to sell a domain name to me for more than $100,000. I passed on the opportunity because I thought it was vastly overpriced. I didn’t counteroffer either because the amount I would pay was far lower than the asking price.
Months later, I saw the domain name sold for very low 5 figures. I can’t turn back the clock, but had the asking price been around $25k, I probably would have countered at or above the eventual sale price. Perhaps a negotiation would have made it even higher.
