In October of last year, I turned down a $100,000 offer for one of my one word .com domain names. It may or may not have been a good decision, but I passed on the offer and what’s done is done.
I receive quite a few offers to buy this particular domain name, and most of them are silly. For instance, this morning I received a $10 offer to buy the domain name. I told the buyer I had previously turned down $100k for the name, and his reply was a simple “wow.”
In response, I decided to give a bit of an education about domain names along with a link to a list of recent one word .com domain name sales I regularly update on Embrace.com. I suggested he have a look at the list to see how much top tier one worders are selling for these days.
In addition to this, and to help illustrate the point that a $10 offer in this day and age is ridiculous, I added this:
“Offering $10 for a domain name like Revitalize.com is like walking in to a Mercedes Benz dealer and trying to buy an S-Class with a $20 bill and asking for change.”
It’s a bit more aggressive than usual, but I think it helps illustrate the point using a real world example. The prospective buyer took the response in stride and thanked me for the insight. Luckily it did not turn into a pissing contest, but it seems to have gotten the point across.