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Domain Discussion
Domain Name News
An installment buyer stopped paying and I’m fine with that
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<blockquote data-quote="amplify" data-source="post: 2343276" data-attributes="member: 130638"><p>It would all really depend on the price of the domain. Something in the 1000-3000 range could easily be priced as such, but $15,000 is a bit harder as that may be the difference between strategic growth with another partner or not.</p><p></p><p>Sometimes, you have to work with people too.</p><p></p><p>I would definitely want a bit more upfront than 10% on a $15,000 name though. I would think an upfront cost of $3000 (20%) is reasonable with $500 + interest over 2 years as that could be a typical business expense to incur monthly. I don't want to burden a business as to not secure a sale, but I also want to maximize the amount received over the shortest period of time because a dollar is worth more today than it is tomorrow, which helps my growth.</p></blockquote><p></p>
[QUOTE="amplify, post: 2343276, member: 130638"] It would all really depend on the price of the domain. Something in the 1000-3000 range could easily be priced as such, but $15,000 is a bit harder as that may be the difference between strategic growth with another partner or not. Sometimes, you have to work with people too. I would definitely want a bit more upfront than 10% on a $15,000 name though. I would think an upfront cost of $3000 (20%) is reasonable with $500 + interest over 2 years as that could be a typical business expense to incur monthly. I don't want to burden a business as to not secure a sale, but I also want to maximize the amount received over the shortest period of time because a dollar is worth more today than it is tomorrow, which helps my growth. [/QUOTE]
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An installment buyer stopped paying and I’m fine with that
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