Am I 'playing it right' to buying this domain? Worth: reg fee; BIN: $8900??

[tristanperry]

Hello,
I'm trying to purchase a domain off of a domaining company (an automated one, it seems?). I own the ".org" of this particular name, and am trying to buy the ".net". The domain doesn't mean anything, and is worth reg fee at best. However I have a website built on the ".org", and so wish to buy the ".net" also.

I approached this company about buying the domain, and they came back with... well, I'll quote the e-mail as it stands this far. Why are they looking for such a day-light robbery-like price tag?

Hello,
Are you interested in selling [domain].net? If so, what sort of offers are you looking for?
Thanks,
Tristan

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we are reviewing offers over 8900 (american dollars)


thank you

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For [domain].net? $8900?
Tristan

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yes
We are looking forward for your offer
thank you

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$35 was my max. for this domain.
Thanks,
Tristan

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7850 (american dollars)


thank you

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What appeal do you see in this domain? No offence, although the name doesn't make sense and it's a .net?? How can you justify the high x,xxx price tag? It's worth low-mid xx.
Thanks,
Tristan

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6900 (american dollars)


thank you

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Hello,
Sorry however I'm not trying to barter here - this domain isn't worth anything (no offence) - hence my $35 offer (which is 5x reg fee!)
Thanks,
Tristan

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5900 (american dollars)


thank you

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$35 dollars maximum. [domain].net gets no traffic, and doesn't mean anything. Paying 5x reg fee is very generous.
Thanks,
Tristan

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4900 (american dollars)


thank you

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$35 dollars maximum. [domain].net gets no traffic, and doesn't mean anything. Paying 5x reg fee is very generous.
Thanks,
Tristan

This is my first dealings with such a company (presuming they are an automated domain buying company?). Do you think showing interest in the domain means it'll be renewed now (due to expire 11th of November)?
Thanks, any help/insight would be appreciated
Tristan

 

[Bill Roy]

Keep e-mailing them, in 5 more e-mails they will be paying you to take the domain from them! :lol: :lol: :lol: :lol:

 

[tristanperry]

Hehe, lost Sounds a great plan!

 

[Onward]

I think they will definitely renew the name now.

I dealt with someone like this before...they started at about 12k...came down each time I countered a little bit back...I was starting at about 200...went to 450 in $50 increments...on their last counter of 3200 - I said 600 final offer and they took it....this was for a .com, but no real value to anyone as far as there was no traffic and is was a meaningless group of letters.

It sounds like they are not going to give it up for xx . I would try low xxx and tell them that's a final offer.

Good luck.

 

[Gerry]

I have never seen anything like that. It almost does appear automated. So in five responses, $4,000.00 have been shaved off.

Man, you're hard core! You scared the crap out of that mo-chine!

 

[dvestors]

That's pretty funny.

It's not automated, he responded differently to your comments the first 2 times.

You're lucky he's continuing to respond after you said $35 was your max.

Why not go for the .com?

 

[Duckinla]

I think the real problem you have is what's 35 bucks to a company? Yeah, it's 7 times reg fee but it's still 35 bucks. They're going to spend more than that paying someone to transfer the domain, collect the money, do the bookkeeping, transfer the money, etc. They'd be better off letting it drop. The fact that they are responding to a $35 offer probably means it's automated.

 

[Raider]

If you really want the domain, make a final offer of low $xxx, if they counter again, dont bother replying back. I personally like .org's over .net's, but that of course depends on the type of business it is.

 

[tristanperry]

Okay thanks for the comments all I'll reply with a higher final offer and see what happens.

As an FYI, the ".com" of this domain is also registered (presumably because the ".org" has a relatively busy site developed on it). I'm looking to drop-catch it in the future.

 

[AlienGG]

I see, that justifies the asking price for the .net.

 

[katherine]

I think the real problem you have is what's 35 bucks to a company? Yeah, it's 7 times reg fee but it's still 35 bucks. They're going to spend more than that paying someone to transfer the domain, collect the money, do the bookkeeping, transfer the money, etc. They'd be better off letting it drop. The fact that they are responding to a $35 offer probably means it's automated.

I agree $35 is probably too low for them to care. Still they seem willing to negociate
If the domain is important to you offer $200 - leave something on the table.
They need to save face after all
Many companies including the likes of buydomains would rather keep or drop rather than sell for peanuts and admit they are doing cheap deals

 

[Stian]

Haha! Funny how they avoid answering any of your questions, but instead keeps on lowering the price tag. Sounds way below any level of seriousness to me. Backorder it from all the big one's instead (pool, snap) and then hope for them not to renew it. Good luck.

 

[Bender]

3900 (american dollars)

 

[Stian]

Haha, I'm laughing off my chair here. Are you sure it's not an automated bot programmed to lower the BIN every time it gets an e-mail request? In that case, send a few hundred e-mails to that address and you will end up getting $1000 for receiving the domain. Good luck.

 

[David G]

They'd be better off letting it drop.

Right, a $35 offer is so low it's not worth the time and effort to respond so surprised they did.