Afternic Question

[Gerry]

I have a couple of domain names in particular that have been getting quite a bit of attention lately.

Today is the first day that one request came via afternic.

It is a request to set a price, which I will not do.

I understand a reserve, a minimum, etc.

But what is "Floor Price"?

Thanks.

G

---------- Post added at 05:07 PM ---------- Previous post was at 05:06 PM ----------

oh, by the way...

no phone support whatsoever.

But, if it leads to sales, I can deal with that.

 

[WeBuyThe.Com]

Hey Doc,

PM us the names, maybe we'll buy them.

Here's an explanation from the Afternic FAQ

Buy Now Price: The Buy Now price is “ideally” what you’d like to get for the domain. This is the price a buyer sees on the site and can purchase at that price immediately. Please note: if unrealistic price expectations are set buyers may turn away and choose another name. Buy Now prices are binding.

Floor Price: The floor price is the amount Afternic sales executives can negotiate (if necessary) to close the sale without contacting you for approval. Buyers do not see this price. We recommend setting the floor price 20%-30% less than your Buy Now price. This is a very effective way to help sell more domains for you on the spot. The floor price allows your sales executive to pull a buyer into range if they cannot meet your buy now price. Floor prices are binding.

Reserve Price: The reserve price is used with Afternic Auctions. If a reserve price is met by a bidder, your domain will be pushed into a 7-day Closing Soon Auction. At the end of the auction period, the seller is required to sell to the highest bidder. If you do not have a reserve price on your listing, but receive an offer you would like to accept, you can set a reserve price at that time which is equal to that current offer. This will list your domain in an auction for 7 days, which may help you attract a higher offer. Closing Soon Auctions are also promoted in RSS feeds subscribed by thousands of buyers and highlighted on the Afternic Buy page. Reserve prices are binding.

Minimum Price: The minimum offer price is the lowest amount anyone can submit for your domain. It is often used as a starting point to help Afternic sales executives to pull the buyer into your range. In other words, this is a conversation starter. If you receive an offer at the minimum offer price you can either accept it, reject it, counter it, take no action at all (not recommended), send the buyer a message through the member-to-member messaging, or contact your sales executive to negotiate on your behalf (highly recommended). Minimum prices are non-binding.

 

[Gerry]

Does Afternic have a maximum minimum price they will allow to be posted?

When I attempt to enter $100,000.00 (100000), it will not accept the amount.

Not going to buy some bogus appraisal.

---------- Post added at 05:59 PM ---------- Previous post was at 05:58 PM ----------

PM us the names, maybe we'll buy them.

See siggy

 

[silentg]

Names with high prices will have to be approved by the rep handling your account. Pending review names never get approved. You'll have to e-mail your rep explaining your pricing.

 

[Gerry]

Names with high prices will have to be approved by the rep handling your account. Pending review names never get approved. You'll have to e-mail your rep explaining your pricing.

He's already been sent an email prior to this posting.

 

[JuniperPark]

He's already been sent an email prior to this posting.

If you're waiting for "Justin", it's usually a couple of weeks before he responds.

 

[Gerry]

If you're waiting for "Justin", it's usually a couple of weeks before he responds.

Stephen, and he is very fast on the responses.